- Vinhomes’ net income for the first quarter was 904 billion dong, representing a decrease of 92% year-on-year.
- The company’s revenue for the same period was 8.2 trillion dong, a drop of 72% from the previous year.
- The lower earnings for the first quarter were mainly because of the timing of revenue recognition from the sale of units still under construction.
- The company expects that the completion and handover of projects such as Vinhomes Ocean Park 3, Vinhomes Royal Island, and Vinhomes Golden Avenue will boost earnings in the coming quarters.
- Vinhomes is confident in meeting its earnings target for this year, backed by 112 trillion in unbilled bookings as of the end of the first quarter.
- Total assets of the company were at 464 trillion dong as of March 31, marking a 4.5% increase from the end of December.
- Analysts’ ratings for the company stood at 16 buys, 1 hold, and 0 sells.
- All comparisons to past results are based on the values reported by the company in their original disclosures.
A look at Vinhomes Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to Smartkarma Smart Scores, Vinhomes is positioned favorably for long-term growth. With high scores in Growth and Resilience, the company is poised to expand and maintain stability in the real estate market. Vinhomes, a provider of real estate services in Vietnam, offers a range of residential complexes and apartments with professional services and community-building activities for its customers. The company’s positive momentum and solid fundamentals indicate a promising outlook for the future.
Despite a lower score in Dividend, the overall outlook for Vinhomes remains solid with a balanced evaluation across key factors. The company’s focus on value, growth, and resilience highlights its commitment to delivering quality real estate services and sustaining long-term success in the market. Investors may find Vinhomes an attractive option for potential growth and stability in the real estate sector, supported by its strong foundation and positive market momentum.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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