Van Phu Real Estate Development JSC (HOSE:VPI)
Vietnam flag Vietnam · Delayed Price · Currency is VND
59,200
+1,300 (2.25%)
At close: Nov 3, 2026

HOSE:VPI Financials Overview

Millions VND. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,437,0581,976,3521,897,3311,864,8422,152,0862,610,596
Revenue Growth
54.94%4.17%1.74%-13.35%-17.56%20.58%
Gross Profit
945,718749,080319,7681,299,3241,166,966641,918
Operating Income
608,121473,334175,118938,911800,548356,720
Net Income
305,576390,644328,475496,225539,653348,132
Earnings Per Share
868.071109.611010.911553.431689.371089.82
EPS Growth
-16.84%9.76%-34.92%-8.05%55.01%15.69%

Revenue by Segment

Fiscal Year
FY 2025FY 2024FY 2023FY 2022
Period EndingDec '25 Dec '24 Dec '23 Dec '22
Real Estate Business
1,671,1851,738,2881,746,7231,896,622
Accommodation Services
185,585179,530173,707153,327
Other Activities
190,074236,523201,422195,002
Elimination
-70,492-257,010-257,010-92,865
Total
1,976,3521,897,3311,864,8422,152,086

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
585,9231,584,936501,318242,618821,9271,168,105
Total Debt
7,617,0446,289,1284,548,8235,358,4764,629,9643,753,460
Net Cash (Debt)
-7,031,121-4,704,192-4,047,505-5,115,859-3,808,037-2,585,355
Net Cash Growth
------
Net Cash Per Share
-19973.90-13362.11-12461.50-16015.12-11921.00-8093.41

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-769,594156,829138,366-1,434,050344,501539,284
Capital Expenditures
-165,572-59,964-25,346-63,878-739,651-89,815
Free Cash Flow
-935,16696,865113,020-1,497,928-395,149449,469
Free Cash Flow Growth
--14.29%----68.01%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
38.81%37.90%16.85%69.67%54.23%24.59%
Operating Margin
24.95%23.95%9.23%50.35%37.20%13.66%
Pretax Margin
19.99%26.32%17.94%33.16%29.53%15.03%
Profit Margin
12.54%19.77%17.31%26.61%25.08%13.33%
FCF Margin
-38.37%4.90%5.96%-80.33%-18.36%17.22%

Dividends

Fiscal Year
FY 2022
Period EndingDec '22
Dividend Per Share
757.576
Dividend Per Share Growth
-
Dividend Yield
1.86%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
68.2047.4458.2726.8224.1334.69
P/FCF Ratio
-191.31169.34--26.87
PS Ratio
8.369.3810.097.146.054.63