Cash flow South Logistics

Stocks

STG

VN000000STG3

Marine Freight & Logistics

End-of-day quote Ho Chi Minh S.E. Other stock markets 2026-07-30			5-day change	1st Jan Change
36,950.00 ^VND	-0.27%		+3.79%	-5.01%

04-28	South Logistics Joint Stock Company Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
04-24	South Logistics Joint Stock Company Provides Separate and Consolidated Earnings Guidance for the Fiscal Year 2026	CI

d1205549e00645b7aa67d6576417be9.PpEXEF-xSNwb39MDQchvzMQM6NOj_dovidXD6XHKXU8.TPRQKD3DGbYj8qk7NP5fupREh6HgnoIc3ee33Ua8DSZU2SFlJ_t6i06xhg

Published financial data: SOUTH LOGISTICS

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	2,887B	2,639B	1,796B	2,454B	2,589B
Total Revenues	2,887B	2,639B	1,796B	2,454B	2,589B
Cost of Goods Sold, Total	2,399B	2,187B	1,507B	2,060B	2,068B
Gross Profit	488B	452B	288B	394B	521B
Selling General & Admin Expenses, Total	226B	210B	205B	233B	248B
Other Operating Expenses, Total	226B	210B	205B	233B	248B
Operating Income	262B	242B	83.83B	161B	273B
Interest Expense, Total	-15.27B	-17.4B	-15.32B	-14.22B	-22.81B
Interest And Investment Income	7.19B	9.52B	21.02B	17.43B	17.33B
Net Interest Expenses	-8.08B	-7.89B	5.7B	3.21B	-5.49B
Income (Loss) On Equity Invest.	45.57B	60B	75.65B	85.16B	108B
Currency Exchange Gains (Loss)	1.2B	1.38B	754M	4.32B	2.49B
Other Non Operating Income (Expenses)	-4.19B	-3.43B	5.26B	9.3B	3.43B
EBT, Excl. Unusual Items	296B	292B	171B	263B	381B
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	45.43M	-62.3M	-559M	-5.23M	-4.8M
Gain (Loss) On Sale Of Assets	6.06B	13.89B	49.74B	2.2B	322M
EBT, Incl. Unusual Items	302B	306B	220B	265B	381B
Income Tax Expense	55.71B	52.52B	69.68B	60.96B	69.32B
Earnings From Continuing Operations	247B	254B	151B	204B	312B
Net Income to Company	247B	254B	151B	204B	312B
Minority Interest	-13.86B	-15.16B	-8.45B	-11.27B	-18.4B
Net Income - (IS)	233B	238B	142B	193B	294B
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	233B	238B	142B	193B	294B
Net Income to Common Excl. Extra Items	233B	238B	142B	193B	294B
Per Share Items
Net EPS - Basic	2.37K	2.43K	1.45K	1.96K	2.99K
Basic EPS - Continuing Operations	2.37K	2.43K	1.45K	1.96K	2.99K
Basic Weighted Average Shares Outstanding	98.25M	98.25M	98.25M	98.25M	98.25M
Net EPS - Diluted	2.37K	2.43K	1.45K	1.96K	2.99K
Diluted EPS - Continuing Operations	2.37K	2.43K	1.45K	1.96K	2.99K
Diluted Weighted Average Shares Outstanding	98.25M	98.25M	98.25M	98.25M	98.25M
Normalized Basic EPS	1.74K	1.7K	1K	1.56K	2.24K
Normalized Diluted EPS	1.74K	1.7K	1K	1.56K	2.24K
Dividend Per Share	-	-	-	-	-
Payout Ratio	-	-	-	-	5.33
Supplemental Items
EBITDA	365B	363B	211B	294B	424B
EBITA	272B	252B	94.13B	171B	284B
EBIT	262B	242B	83.83B	161B	273B
EBITDAR	-	-	-	-	425B
Total Revenues (As Reported)	2,887B	-	-	-	-
Effective Tax Rate - (Ratio)	18.42	17.16	31.62	23.02	18.18
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	50.22B	54.42B	75.26B	59.58B	70.87B
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	5.49B	-1.9B	-5.58B	1.38B	-1.55B
Normalized Net Income	171B	168B	98.54B	153B	220B
Interest on Long-Term Debt	-	-	-	-	-
Supplemental Operating Expense Items
Selling and Marketing Expenses	91.83B	80.07B	74.76B	81.74B	110B
General and Administrative Expenses	134B	130B	130B	152B	138B
Net Rental Expense, Total	-	-	-	-	522M
Imputed Operating Lease Interest Expense	-	-	-	-	292M
Imputed Operating Lease Depreciation	-	-	-	-	230M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	276B	347B	607B	508B	463B
Short Term Investments	40.09B	32.28B	75.3B	101B	35.46B
Trading Asset Securities, Total	611M	569M	571M	566M	561M
Total Cash And Short Term Investments	317B	380B	683B	610B	499B
Accounts Receivable, Total	357B	270B	262B	313B	374B
Other Receivables	10.9B	11.98B	24.8B	34.38B	39.25B
Total Receivables	368B	282B	287B	347B	414B
Inventory	108B	114B	57.96B	36.29B	33.77B
Prepaid Expenses	12.01B	6.48B	8.95B	6.42B	7.37B
Other Current Assets, Total	192B	211B	135B	127B	304B
Total Current Assets	997B	994B	1,171B	1,127B	1,257B
Gross Property Plant And Equipment	1,903B	2,119B	2,159B	2,518B	2,765B
Accumulated Depreciation	-951B	-1,026B	-1,128B	-1,313B	-1,451B
Net Property Plant And Equipment	952B	1,093B	1,032B	1,205B	1,314B
Long-term Investments	548B	530B	554B	606B	680B
Goodwill	44.19B	33.94B	23.69B	13.44B	3.19B
Other Intangibles, Total	58.51B	59.91B	31.69B	49.04B	46.12B
Deferred Tax Assets Long-Term	14.06B	15.98B	15.58B	14.19B	15.79B
Other Long-Term Assets, Total	70.86B	57.09B	40.66B	36.96B	300B
Total Assets	2,684B	2,784B	2,869B	3,052B	3,616B
Liabilities
Accounts Payable, Total	217B	135B	122B	128B	123B
Accrued Expenses, Total	87.98B	74.13B	83.49B	77.92B	101B
Short-term Borrowings	32.83B	36.17B	5.29B	109B	48.99B
Current Portion of Long-Term Debt	19.99B	21.27B	18.78B	18.61B	39.99B
Current Portion of Leases	12.62B	10.24B	10.24B	8.79B	3.67B
Current Income Taxes Payable	9.58B	16.4B	35.55B	16.42B	31.89B
Unearned Revenue Current, Total	36.8B	37.36B	37.83B	37.59B	38.94B
Other Current Liabilities	153B	154B	168B	131B	151B
Total Current Liabilities	571B	485B	481B	527B	538B
Long-Term Debt	146B	107B	84.77B	65.67B	336B
Long-Term Leases	25.6B	15.36B	5.12B	12.85B	9.18B
Deferred Tax Liability Non Current	8.39B	8.41B	2.44B	2.43B	2.47B
Other Non Current Liabilities	48.33B	45.02B	40.72B	44.91B	43.47B
Total Liabilities	799B	660B	614B	652B	930B
Common Stock, Total	983B	983B	983B	983B	983B
Retained Earnings	807B	1,032B	1,158B	1,347B	1,634B
Comprehensive Income and Other	-2.03B	-2.03B	-2.03B	-56.53B	-58.94B
Total Common Equity	1,788B	2,012B	2,138B	2,273B	2,557B
Minority Interest	97.1B	112B	116B	127B	129B
Total Equity	1,885B	2,124B	2,255B	2,400B	2,686B
Total Liabilities And Equity	2,684B	2,784B	2,869B	3,052B	3,616B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	98.25M	98.25M	98.25M	98.25M	98.25M
ECS Total Common Shares Outstanding	98.25M	98.25M	98.25M	98.25M	98.25M
Book Value / Share	18.2K	20.48K	21.76K	23.13K	26.03K
Tangible Book Value	1,685B	1,918B	2,083B	2,211B	2,508B
Tangible Book Value Per Share	17.15K	19.52K	21.2K	22.5K	25.52K
Total Debt	237B	190B	124B	214B	438B
Net Debt	-79.78B	-190B	-559B	-395B	-60.42B
Debt Equivalent Oper. Leases	-	-	-	-	4.17B
Minority Interest, Total (Incl. Fin. Div)	97.1B	112B	116B	127B	129B
Equity Method Investments, Total	543B	529B	553B	605B	679B
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	19.99B	23.99B	14.65B	16.27B	13.95B
Inventories - Work In Process, Total	90.28B	87.2B	41.32B	17.98B	18.55B
Inventories - Finished Goods, Total	3.18B	2.43B	1.52B	1.9B	1.84B
Inventories - Others	141M	473M	473M	141M	131M
Buildings, Total	538B	589B	780B	870B	971B
Machinery, Total	1,099B	1,205B	1,222B	1,404B	1,576B
Full Time Employees	1.18K	1.16K	1.09K	1.17K	1.17K
Assets under Capital Lease - Gross	77.86B	77.86B	77.86B	94.54B	16.69B
Assets under Capital Lease - Accumulated Depreciation	-3.03B	-8.22B	-13.41B	-20.1B	-3.75B
Accumulated Allowance for Doubtful Accounts (Supple)	57.28B	61.18B	71.87B	99.36B	97.59B

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	233B	238B	142B	193B	294B
Depreciation & Amortization - CF	92.7B	110B	117B	123B	140B
Amortization of Goodwill and Intangible Assets - (CF)	10.3B	10.3B	10.3B	10.48B	10.82B
Depreciation & Amortization, Total	103B	121B	127B	133B	151B
Amortization of Deferred Charges, Total - (CF)	665M	708M	1.66B	2.23B	2.41B
(Gain) Loss From Sale Of Asset	-58.89B	-83.41B	-146B	-105B	-125B
Other Operating Activities, Total	24.06B	29.55B	20.74B	12.35B	24.78B
Change in Trading Asset Securities	-	-	-	-	-
Change In Accounts Receivable	-12.77B	68.19B	2.49B	114B	-180B
Change In Inventories	-54.2B	-496M	56.13B	21.67B	1.81B
Change In Accounts Payable	57.07B	-122B	5.78B	-302B	38.14B
Change in Other Net Operating Assets	-32.15B	19.8B	14.05B	5.28B	-17.61B
Cash from Operations	260B	271B	224B	74.2B	189B
Capital Expenditure	-268B	-262B	-62.02B	-165B	-447B
Sale of Property, Plant, and Equipment	6.06B	22.21B	108B	18.35B	109M
Investment in Marketable and Equity Securities, Total	-5.05B	5.29B	-3.35B	-120B	-64.88B
Other Investing Activities, Total	72.18B	83.19B	60.22B	46.75B	71.17B
Cash from Investing	-195B	-151B	103B	-220B	-441B
Long-Term Debt Issued, Total	180B	158B	31.4B	153B	477B
Total Debt Issued	180B	158B	31.4B	153B	477B
Long-Term Debt Repaid, Total	-209B	-207B	-98.6B	-106B	-254B
Total Debt Repaid	-209B	-207B	-98.6B	-106B	-254B
Issuance of Common Stock	-	-	-	-	-
Common Dividends Paid	-	-	-	-	-15.66B
Common & Preferred Stock Dividends Paid	-	-	-	-	-15.66B
Other Financing Activities, Total	-10.22B	-793M	-60.67M	-	-
Cash from Financing	-39.35B	-49.81B	-67.26B	46.79B	206B
Foreign Exchange Rate Adjustments	567M	1.07B	199M	232M	8.78M
Net Change in Cash	25.92B	71.12B	259B	-98.97B	-45.3B
Supplemental Items
Cash Interest Paid	12.36B	20.45B	15.51B	14.2B	22.8B
Cash Income Tax Paid (Refund)	46.11B	47.6B	49.86B	78.71B	55.4B
Levered Free Cash Flow	-66.65B	-72.8B	215B	-23.43B	-324B
Unlevered Free Cash Flow	-57.11B	-61.93B	224B	-14.55B	-309B
Change In Net Working Capital	56.31B	72.62B	-105B	84.82B	186B
Net Debt Issued / Repaid	-29.13B	-49.01B	-67.2B	46.79B	222B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	6.51	5.54	1.85	3.39	5.11
Return on Total Capital	8.27	6.82	2.23	4.02	5.94
Return On Equity %	13.98	12.65	6.88	8.76	12.27
Return on Common Equity	13.91	12.55	6.85	8.73	12.16
Margin Analysis
Gross Profit Margin %	16.9	17.12	16.06	16.05	20.12
SG&A Margin	7.83	7.95	11.39	9.51	9.59
EBITDA Margin %	12.64	13.74	11.74	11.97	16.38
EBITA Margin %	9.42	9.57	5.24	6.97	10.96
EBIT Margin %	9.07	9.18	4.67	6.54	10.54
Income From Continuing Operations Margin %	8.54	9.61	8.39	8.3	12.05
Net Income Margin %	8.06	9.03	7.92	7.85	11.34
Net Avail. For Common Margin %	8.06	9.03	7.92	7.85	11.34
Normalized Net Income Margin	5.93	6.35	5.49	6.23	8.49
Levered Free Cash Flow Margin	-2.31	-2.76	11.95	-0.95	-12.5
Unlevered Free Cash Flow Margin	-1.98	-2.35	12.48	-0.59	-11.95
Asset Turnover
Asset Turnover	1.15	0.97	0.64	0.83	0.78
Fixed Assets Turnover	3.47	2.58	1.69	2.19	2.06
Receivables Turnover (Average Receivables)	8.31	8.41	6.75	8.54	7.54
Inventory Turnover (Average Inventory)	28.69	19.71	17.54	43.72	59.04
Short Term Liquidity
Current Ratio	1.75	2.05	2.44	2.14	2.34
Quick Ratio	1.2	1.37	2.02	1.82	1.69
Operating Cash Flow to Current Liabilities	0.45	0.56	0.46	0.14	0.35
Days Sales Outstanding (Average Receivables)	43.95	43.38	54.1	42.85	48.42
Days Outstanding Inventory (Average Inventory)	12.72	18.51	20.81	8.37	6.18
Average Days Payable Outstanding	29.08	29.32	32.32	22.4	22.14
Cash Conversion Cycle (Average Days)	27.59	32.57	42.59	28.82	32.46
Long Term Solvency
Total Debt/Equity	12.58	8.95	5.51	8.94	16.31
Total Debt / Total Capital	11.18	8.21	5.22	8.2	14.02
LT Debt/Equity	9.11	5.76	3.99	3.27	12.86
Long-Term Debt / Total Capital	8.09	5.29	3.78	3	11.06
Total Liabilities / Total Assets	29.77	23.72	21.4	21.37	25.71
EBIT / Interest Expense	17.14	13.92	5.47	11.29	11.96
EBITDA / Interest Expense	23.88	20.84	13.76	20.65	18.59
(EBITDA - Capex) / Interest Expense	6.33	5.79	9.71	9.02	-1.02
Total Debt / EBITDA	0.65	0.52	0.59	0.73	1.03
Net Debt / EBITDA	-0.22	-0.52	-2.65	-1.35	-0.14
Total Debt / (EBITDA - Capex)	2.45	1.88	0.83	1.67	-18.78
Net Debt / (EBITDA - Capex)	-0.83	-1.89	-3.75	-3.08	2.59
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	42.06	-8.57	-31.96	36.68	5.5
Gross Profit, 1 Yr. Growth %	12.56	-7.34	-36.2	36.61	32.27
EBITDA, 1 Yr. Growth %	35.94	-0.74	-42	38.25	43.3
EBITA, 1 Yr. Growth %	54.69	-3.54	-61.13	104.08	76.65
EBIT, 1 Yr. Growth %	48.83	-7.47	-65.39	91.58	69.91
Earnings From Cont. Operations, 1 Yr. Growth %	109.43	2.8	-40.57	35.27	53.08
Net Income, 1 Yr. Growth %	118.3	2.42	-40.34	35.38	52.48
Normalized Net Income, 1 Yr. Growth %	48.11	-2.21	-41.17	55.11	43.76
Diluted EPS Before Extra, 1 Yr. Growth %	118.34	4.61	-39.76	36.77	54.34
Accounts Receivable, 1 Yr. Growth %	5.54	-24.25	-3.11	19.38	19.68
Inventory, 1 Yr. Growth %	82.22	5.55	-49.13	-37.39	-6.95
Net Property, Plant and Equip., 1 Yr. Growth %	33.57	14.84	-5.62	16.83	9
Total Assets, 1 Yr. Growth %	14.75	3.72	3.04	6.4	18.48
Tangible Book Value, 1 Yr. Growth %	16.46	13.83	8.58	6.13	13.45
Common Equity, 1 Yr. Growth %	14.59	12.54	6.27	6.3	12.5
Cash From Operations, 1 Yr. Growth %	24.89	4.44	-17.5	-66.82	155.04
Capital Expenditures, 1 Yr. Growth %	93.39	-2.29	-76.32	166.76	170.44
Levered Free Cash Flow, 1 Yr. Growth %	162.88	337.21	-1.04K	-110.92	1.28K
Unlevered Free Cash Flow, 1 Yr. Growth %	213.27	771.39	-1.98K	-106.49	2.03K
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	25.4	13.97	-21.13	-3.57	20.08
Gross Profit, 2 Yr. CAGR %	12.89	2.13	-23.11	-6.64	34.42
EBITDA, 2 Yr. CAGR %	27.31	16.27	-24.05	-10.1	41.29
EBITA, 2 Yr. CAGR %	38.59	19.82	-40.03	-15.95	83.96
EBIT, 2 Yr. CAGR %	35.94	17.35	-43.41	-18.57	80.42
Earnings From Cont. Operations, 2 Yr. CAGR %	41.65	46.73	-21.84	-10.34	43.9
Net Income, 2 Yr. CAGR %	46.98	49.52	-21.83	-10.13	43.68
Normalized Net Income, 2 Yr. CAGR %	38.94	20.35	-24.15	-4.47	49.33
Diluted EPS Before Extra, 2 Yr. CAGR %	46.97	49.53	-20.99	-9.69	44.4
Accounts Receivable, 2 Yr. CAGR %	9.11	-10.59	-14.33	7.55	19.53
Inventory, 2 Yr. CAGR %	123.69	38.68	-26.73	-43.57	-23.67
Net Property, Plant and Equip., 2 Yr. CAGR %	20.03	23.85	4.11	5.01	12.84
Total Assets, 2 Yr. CAGR %	8.61	9.09	3.38	4.71	12.27
Tangible Book Value, 2 Yr. CAGR %	11.55	15.14	11.18	7.35	9.73
Common Equity, 2 Yr. CAGR %	9.52	13.56	9.36	6.28	9.35
Cash From Operations, 2 Yr. CAGR %	32.24	14.21	-7.18	-47.68	-8.01
Capital Expenditures, 2 Yr. CAGR %	74.51	37.46	-51.9	-20.52	168.59
Levered Free Cash Flow, 2 Yr. CAGR %	0.3	69.45	259	1.38	22.81
Unlevered Free Cash Flow, 2 Yr. CAGR %	-10.58	84.31	461.65	10.44	17.48
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	17.89	12.87	-4.04	-5.26	-0.64
Gross Profit, 3 Yr. CAGR %	13.17	5.7	-12.7	-6.87	4.86
EBITDA, 3 Yr. CAGR %	22.05	17.25	-7.73	-7.02	5.28
EBITA, 3 Yr. CAGR %	29.75	21.25	-18.81	-13.22	5.41
EBIT, 3 Yr. CAGR %	31.81	19.58	-21.89	-15.03	4.05
Earnings From Cont. Operations, 3 Yr. CAGR %	16.09	27.3	8.56	-6.16	7.16
Net Income, 3 Yr. CAGR %	20.14	30.3	10.08	-6.13	7.19
Normalized Net Income, 3 Yr. CAGR %	28.19	23.59	-5.2	-3.73	9.47
Diluted EPS Before Extra, 3 Yr. CAGR %	22	30.3	10.09	-5.46	7.53
Accounts Receivable, 3 Yr. CAGR %	6.64	-3.39	-8.16	-4.31	11.45
Inventory, 3 Yr. CAGR %	51.77	74.15	-0.73	-30.47	-33.33
Net Property, Plant and Equip., 3 Yr. CAGR %	13.85	18.27	13.12	8.19	6.32
Total Assets, 3 Yr. CAGR %	4.57	6.96	7.04	4.38	9.11
Tangible Book Value, 3 Yr. CAGR %	10.62	12.31	12.91	9.47	9.34
Common Equity, 3 Yr. CAGR %	8.74	10.52	11.08	8.33	8.32
Cash From Operations, 3 Yr. CAGR %	47.09	22.24	2.47	-34.12	-11.29
Capital Expenditures, 3 Yr. CAGR %	17.67	43.84	-23.51	-14.86	19.54
Levered Free Cash Flow, 3 Yr. CAGR %	-24.78	3.19	103.8	12.06	142.12
Unlevered Free Cash Flow, 3 Yr. CAGR %	-25.34	-4.64	130.82	26.97	196.04
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	18.07	12.65	0.38	5.98	4.97
Gross Profit, 5 Yr. CAGR %	14.36	10.02	-3.04	0.58	3.76
EBITDA, 5 Yr. CAGR %	19.03	12.63	0.99	5.47	9.59
EBITA, 5 Yr. CAGR %	24.15	23.59	-5.45	3.85	10.03
EBIT, 5 Yr. CAGR %	25.17	25.65	-6.01	2.54	9.18
Earnings From Cont. Operations, 5 Yr. CAGR %	17.22	-13.42	-0.9	10.64	21.52
Net Income, 5 Yr. CAGR %	21.93	-9.3	1.16	12.31	22.45
Normalized Net Income, 5 Yr. CAGR %	31.88	18.33	3.92	11.49	13.7
Diluted EPS Before Extra, 5 Yr. CAGR %	9.81	-8.99	2.1	12.31	22.46
Accounts Receivable, 5 Yr. CAGR %	10.32	3.24	-2.31	0.85	2.05
Inventory, 5 Yr. CAGR %	31.37	28.83	13.42	10.96	-10.63
Net Property, Plant and Equip., 5 Yr. CAGR %	11.96	14.72	9.85	12.78	13.01
Total Assets, 5 Yr. CAGR %	3.23	2.39	4.09	6.05	9.1
Tangible Book Value, 5 Yr. CAGR %	19.71	11.73	10.84	10.3	11.62
Common Equity, 5 Yr. CAGR %	15.04	9.75	8.99	8.8	10.39
Cash From Operations, 5 Yr. CAGR %	38.11	23.22	22.35	-12.95	-1.86
Capital Expenditures, 5 Yr. CAGR %	10.18	21.83	-17.73	13.45	26.41
Levered Free Cash Flow, 5 Yr. CAGR %	13.84	-12.53	6.5	-18.77	66.42
Unlevered Free Cash Flow, 5 Yr. CAGR %	100.46	-18.48	10.31	-27.26	76.18