Masan Group Corp Units Thailand Depositery Receipts Repr 0.01 Sh

Masan Group Corp Units Thailand Depositery Receipts Repr 0.01 Sh

3.26
THB
+0.02
(+0.62%)
131.25BMarket Cap
Oct 22Next Earn
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
304.23
401.64
507.52
1,065.78
922.95
988.75
893.95
1,840.22
2,099.7
1,796.35
1,837.78
1,873.77
1,802.93
- -
Basic EPS, GAAP
11.49
26.91
24.5
68.71
76.12
127.3
133
29.41
202.86
84.1
9.83
45.03
90.75
- -
Free Cash Flow per Basic Share
-8.05
8.3
63.34
101.38
67.87
45.38
22.53
-55.45
-39.36
-187.54
-40.59
144.76
-11.24
- -
Dividend per Share
0.63
33.31
10.61
4.37
66.56
33.77
9.34
33.41
81.55
29.54
5.73
38.78
19.67
55.4
Book Value per Share
365.4
379.7
413.98
374.55
395.3
707.5
1,021.37
378.65
775.67
615.18
621.65
704.14
818.73
926.09
Tangible Book Value per Share
329.37
336.51
242.73
219.45
239.8
584.53
666.62
-57.9
448.98
218.08
252.42
409.68
558.66
602.6
Basic Weighted Avg Shares
39,255
40,135
60,349
40,625
40,761
38,622
41,786
41,961
42,210
42,413
42,579
44,391
45,271
34,438
Sales/Revenue/Turnover
11,942,533
16,119,894
30,628,410
43,297,064
37,620,646
38,187,617
37,354,087
77,217,808
88,628,767
76,189,225
78,251,619
83,177,720
81,621,329
- -
Operating Margin (%)
17.86
16.73
14.64
15.27
11.77
15.88
14.32
2.65
7.52
6.24
5.49
7.54
9.51
- -
Depreciation Expense
488,632
1,120,817
1,814,926
2,379,260
2,610,646
2,705,218
2,748,584
4,583,989
4,631,679
4,406,523
4,123,663
4,132,955
3,428,706
- -
Net Income, GAAP
451,200
1,080,169
1,478,292
2,791,444
3,102,664
4,916,497
5,557,571
1,233,982
8,562,882
3,566,996
418,695
1,999,059
4,108,306
- -
Effective Tax Rate (%)
35.08
25.65
21.68
15.16
12.83
9.97
10.42
40
12.08
7.63
27.04
29.09
14.26
- -
Profit Margin (%)
3.78
6.7
4.83
6.45
8.25
12.87
14.88
1.6
9.66
4.68
0.54
2.4
5.03
- -
Working Capital
1,414,738
4,631,571
1,704,277
4,977,763
-388,050
-3,295,897
-6,230,299
-9,113,978
9,082,340
-17,646,253
-6,659,023
-5,142,512
-4,022,980
-6,603,549
LT Debt
12,067,096
17,521,970
27,253,112
32,472,398
25,630,003
12,751,649
11,675,842
39,466,043
39,371,918
30,425,625
41,541,894
38,825,185
40,546,194
41,000,046
Total Equity
23,261,497
21,925,139
27,109,046
20,312,625
20,225,195
34,079,678
51,888,407
25,030,279
42,336,652
36,636,739
38,237,241
40,752,380
45,078,644
49,567,025
Return on Invested Capital (%)
3.67
4.18
4.65
6.05
6.19
11.35
7.74
0.84
10.38
4.55
1.57
4.42
6.22
- -
Return on Capital (%)
-0.35
2.77
4.3
7.17
9.23
11.91
9.31
3.95
11.78
6.52
3.72
3.98
5.64
- -
Return on Common Equity (%)
3.19
7.34
9.35
17.51
20.61
22.18
15.38
4.2
35.13
12.1
1.59
7.04
12.53
- -

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
24,330,984
25,197,545
28,139,880
LT Borrowings
40,324,610
- -
- -
LT Finance Leases
221,584
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
43,175
43,175
43,175
Market Capitalization
- -
110,182,377
103,670,779

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
36,234,495
31,419,317
42,812,024
Cash, Cash Equivalents & STI
17,481,603
14,005,202
17,627,504
Accounts Receivable, Net
1,274,262
1,543,918
3,181,451
Inventories
11,262,216
11,329,909
17,257,236
Total Current Liabilities
40,257,475
41,645,707
49,415,573
Payables & Accruals
- -
- -
- -
ST Debt
24,330,984
25,197,545
28,139,880
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.07%
15.45%
10.62%
Free Cash Flow
-76.3%
-61.57%
-107.92%
Net Income, GAAP
102.4%
186.06%
105.51%
Sales/Revenue/Turnover
14.22%
1.58%
-1.87%
Total Cash Common Dividend
205.25%
111.81%
-48.27%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
18,854,898
20,134,396
21,486,895
22,701,531
83,177,720
2025
18,896,538
18,315,140
- -
23,245,825
81,621,329
2026
24,019,754
28,117,678
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.44
11.12
15.51
15.3
45.03
2025
8.71
22.84
- -
32.45
90.75
2026
27.44
68.82
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.01
7.2
30.9
38.78
2025
0.09
0.04
- -
2.38
19.67
2026
17.4
22.24
- -
- -
- -

Company Description

CEO
Danny Le
Full Time Employees
40,411
Sector
Consumer non-durables
Industry
Food: specialty/candy
Address
Ho Chi Minh City Vietnam
IPO Date
Nov 5, 2009
Business
Masan Group Corporation is a Vietnam-based investment holding company primarily engaged in consumer goods, modern grocery retail, branded meat processing, food and beverage services, high-tech industrial materials, and financial services. Founded in 1996 and headquartered in Ho Chi Minh City, Vietnam, the company operates primarily across the Vietnamese domestic market while exporting consumer products and supplying industrial materials globally. The company's core operations are organized through several key subsidiaries and associated entities: Masan Consumer Holdings manufactures and distributes packaged foods, beverages, and home care items, offering seasonings, fish sauces, soy sauces, and chili sauces under the Chin-su, Nam Ngu, and Tam Thai Tu brands; convenience foods, instant noodles, and ready-to-eat meals under the Omachi and Kokomi brands; instant and roasted coffee mixes under the Vinacafé and Wake-Up brands; bottled natural mineral water and functional beverages under the Vinh Hao and Quang Hanh brands; energy drinks under the Compact and Wake-Up 247 brands; and home and personal care products under the Joins, Chanté, and Homey brands; WinCommerce operates modern retail networks comprising WinMart supermarkets, WinMart+ minimarts, and integrated WiN multi-service stores distributing groceries, fresh produce, and consumer staples; Masan MEATLife processes and sells branded chilled pork, beef, and processed meats under the MEATDeli, Ponnie, and Heo Cao Boi brands; Phuc Long Heritage operates specialty tea and coffee retail stores and integrated kiosks providing premium beverages; Masan High-Tech Materials engages in the exploration, mining, and advanced processing of midstream and downstream tungsten chemicals, tungsten powders, tungsten carbide, fluorspar, bismuth, and copper for international industrial manufacturing; and an associated stake in Vietnam Technological and Commercial Joint Stock Bank (Techcombank) provides corporate and retail banking, asset management, and digital financial solutions. In recent strategic developments, Masan Group has executed key portfolio optimization and expansion initiatives. The company secured an equity investment of up to 500 million US dollars from global private equity firm Bain Capital to strengthen its capital structure and fund consumer retail growth. Within its materials segment, Masan High-Tech Materials reached a binding agreement to divest its 100 percent equity interest in H.C. Starck Holding GmbH to Japan-based Mitsubishi Materials Corporation, focusing capital allocation on core consumer-centric businesses. Operationally, Masan Group accelerated its Point of Life retail integration strategy through the nationwide expansion of the WiN membership program, combining grocery retail, Phuc Long beverages, Wintel mobile virtual network services, and Techcombank digital financial services across thousands of locations. In addition, the group initiated preparations to transition Masan Consumer Corporation from the UPCoM exchange to an official listing on the Ho Chi Minh Stock Exchange, while expanding its global consumer presence by launching specialized Chin-su food lines in key overseas markets, including North America, Japan, South Korea, and Europe.