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  3. •

    Marine shipping
Vietnam Petroleum Transport JSC

Vietnam Petroleum Transport JSC

HHOSE:VIP
9,820.00
VND
-10.00
(-0.10%)
771.63EPS
13.41P/E
708.67BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
12,359.76
10,114.88
8,425.74
9,212.95
10,659.78
11,878.43
9,491.8
7,894.46
10,007.62
12,795.68
8,026.96
8,321.93
8,868.54
9,254.36
Basic EPS, GAAP
2,191.59
3,211.6
791.45
1,216.18
1,148.28
1,241.64
555.87
978.34
154.17
3,615.33
1,269.71
1,356.87
1,253.25
771.63
Free Cash Flow per Basic Share
3,760.8
1,879.25
2,094.48
-4,681.96
3,493.15
4,841.25
2,812.54
-4,972.06
2,288.61
2,365.48
1,913.37
1,336.92
1,870.08
159.76
Dividend per Share
279.96
261.92
2,331.42
466.8
801.34
800.12
800.02
500.01
603.13
500.32
1,199.73
1,000.18
999.76
- -
Book Value per Share
14,545.2
15,097.63
15,088.88
16,180.7
16,837.58
17,081.17
16,573.07
16,854.13
15,827.23
18,936.37
18,616.81
18,723.32
18,682.3
17,868.44
Tangible Book Value per Share
14,328.04
14,885.99
14,910.43
16,001.95
16,654.72
16,902.41
16,545.71
16,826.78
15,801.07
18,910.21
18,118.2
18,231.71
18,200.21
17,391.11
Basic Weighted Avg Shares
64
68
68
68
68
65
65
65
68
68
68
68
68
68
Sales/Revenue/Turnover
785,030
692,595
576,918
630,819
728,663
777,692
621,437
516,858
681,388
876,132
549,614
569,811
607,237
633,655
Operating Margin (%)
13.79
14.92
16.51
10.17
17.16
18.3
8.17
3.33
-1.03
11.24
9.78
12.43
10.59
4.07
Depreciation Expense
156,979
154,012
129,757
153,394
177,531
177,646
156,335
151,348
186,854
142,607
134,798
106,824
94,256
92,880
Net Income, GAAP
139,199
219,907
54,192
83,273
78,492
81,291
36,393
64,053
10,497
247,545
86,938
92,906
85,811
52,834
Effective Tax Rate (%)
28.6
22.01
22.78
20.66
20.92
24.11
23.47
20.02
51.02
19.84
20
21.34
20.76
22.94
Profit Margin (%)
17.73
31.75
9.39
13.2
10.77
10.45
5.86
12.39
1.54
28.25
15.82
16.3
14.13
8.34
Working Capital
26,219
15,808
2,375
44,777
110,775
310,846
381,661
297,972
562,748
764,421
815,221
954,796
1,039,290
1,016,512
LT Debt
520,892
346,269
206,903
374,034
260,965
189,956
160,732
289,638
180,614
- -
- -
- -
- -
- -
Total Equity
1,003,061
1,040,479
1,039,511
1,111,737
1,105,834
1,121,385
1,085,054
1,103,456
1,083,705
1,296,591
1,274,710
1,282,003
1,279,194
1,223,469
Return on Invested Capital (%)
2.26
3.27
3.11
5.34
4.96
5.64
2.69
1.4
-0.67
5.44
6.51
6.53
6.77
4.74
Return on Capital (%)
10.33
15.05
4.71
6.94
6.64
7.09
3.88
5.68
1.61
19.61
6.79
7.57
6.7
4.27
Return on Common Equity (%)
14.89
21.67
5.24
7.78
7.1
7.32
3.3
5.85
0.96
20.8
6.76
7.27
6.7
4.26

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
68
68
68
Market Capitalization
835,345
811,381
708,674

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,143,678
1,172,843
1,223,778
Cash, Cash Equivalents & STI
961,347
920,876
1,001,206
Accounts Receivable, Net
77,315
115,185
84,175
Inventories
105,131
115,034
119,256
Total Current Liabilities
104,388
101,860
207,266
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.28%
3.3%
-0.22%
Free Cash Flow
-93.72%
-30.66%
39.88%
Net Income, GAAP
218.12%
421.79%
-7.64%
Sales/Revenue/Turnover
2.8%
6.68%
6.57%
Total Cash Common Dividend
8.15%
26.4%
-0.04%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
128,300
134,489
161,105
145,916
569,811
2025
149,250
149,284
163,067
145,637
607,237
2026
145,543
179,408
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
277.79
336.5
312.95
429.62
1,356.87
2025
366.53
554.48
235.01
97.23
1,253.25
2026
144.8
294.59
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8.56
990.94
- -
0.68
1,000.18
2025
11.17
988.59
- -
- -
999.76
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Hien Dinh Vu
Full Time Employees
417
Sector
Transportation
Industry
Marine shipping
Address
Haiphong Vietnam
IPO Date
Dec 21, 2006
Website
vipco.com.vn
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Business
Vietnam Petroleum Transport Joint Stock Company is a Vietnam-based maritime logistics and energy transportation enterprise primarily engaged in the coastal and international marine transportation of crude oil, refined petroleum products, liquefied petroleum gas, and petrochemicals. Founded in 1980 and headquartered in Hai Phong, Vietnam, the company operates as a key transportation subsidiary of Vietnam National Petroleum Group. The company manages its operations across several core business segments: Marine Transportation, which provides coastal and ocean freight shipping, vessel chartering, and offshore transport of clean petroleum products, dirty cargo, and chemicals utilizing an owned and operated tanker fleet serving domestic Vietnamese ports and regional international sea routes across Southeast Asia and East Asia; Land Transportation and Logistics, which offers inland fuel trucking services through specialized tank trucks, freight forwarding, multimodal cargo transit, customs brokerage, and container hauling; Maritime Services and Technical Support, which provides ship agency services, vessel management, ship brokering, crew management, marine towing, bunkering, vessel maintenance, and marine spare parts and provisions supply; Petroleum and Petrochemical Trading, which engages in the wholesale distribution and retail marketing of automotive gasoline, diesel fuels, industrial lubricants, and specialized liquid petroleum products through company-managed fuel stations; and Commercial Real Estate and Warehousing, which delivers office space leasing, logistics warehousing, and port terminal yard storage services. In recent operational developments, the company has advanced a fleet rationalization and modernization program, divesting aging and non-compliant oil product tankers to optimize fleet efficiency, reduce maintenance expenditures, and align with international environmental and emissions regulations. Additionally, the company has recalibrated its chartering strategy by securing higher proportions of medium- and long-term time charter agreements to hedge against global spot freight rate volatility, while reinforcing supply chain integration with its parent group to expand international maritime trading routes.