Vingroup Joint Stock Company · HOSE:VIC
Vingroup Joint Stock — Investor Presentation (October 2012)
33 slides from Vingroup Joint Stock's investor presentation, Oct 9, 2012
Slide 1: Investor Presentation
VINCOM JOINT VINGROUP JOINTSTOCK STOCKCOMPANY COMPANY Investor InvestorPresentation Presentation March August2012 2012 INVESTOR PRESENTATION
Slide 2: Table of contents
Table of contents A. Key investment highlights 2 - 10 B. Business overview 11 - 27 C. Financial overview 28 - 30 1 INVESTOR PRESENTATION
Slide 3: A. Key investment highlights
A. Key investment highlights 2 INVESTOR PRESENTATION
Slide 4: Investment highlights
Investment highlights 1 Largest listed commercial and hospitality real estate company in Vietnam 2 Successful track record 3 Large low cost land bank in prime locations across Vietnam 4 Positive drivers for real estate in Vietnam 5 Effective and unique business model in Vietnam 6 Well-known brands w
Slide 5: Largest listed real estate developer in Vietnam
1. Largest listed real estate developer in Vietnam Vingroup is the largest listed company in Vietnam by market capitalization, operating across real estate sectors. It currently has significant interests in 30 property developments, which are situated in prime urban locations and areas experiencing
Slide 6: Successful track record
2. Successful track record Vingroup’s early-mover advantage in high-end and mixed-use development in Vietnam has allowed it to establish a reputation as a developer of high quality and complex real estate projects April 2010 1H 2012 May 2002 August 2006 Jannuary 2008 The retail and office componen
Slide 7: Large low cost land bank in prime locations
3. Large low cost land bank in prime locations Da Nang 1 completed project Ha Noi Vinpearl Luxury Da Nang 4 completed projects 2 under development projects Vincom Center Ba Trieu - Tower A(1) & Vinpearl Villas Ngu Hanh Son - Da Nang, Tower B(2) Ha Noi Lang Van Vincom Center Ba Trieu - Tower C Hai Ph
Slide 8: Positive drivers of real estate in Vietnam
4. Positive drivers of real estate in Vietnam Vietnam’s Economic Drivers Vietnam’s Demographic Drivers A Successful Business Model GDP forecast to grow by 6.3% in 2012 Increasing urbanization and Focus on prime urban locations and with unemployment expected to fall to growing sophistication in large
Slide 9: Effective and unique business model in Vietnam
5. Effective and unique business model in Vietnam 1 To pursue high quality, large- scale and mixed-use developments in prime locations in major cities in Vietnam 6 2 To continue to develop in- house sales and leasing, Focus on real estate and project management and hospitality property management ca
Slide 10: Well known brands with reputation for high quality projects and services
6. Well known brands with reputation for high quality projects and services The leading real estate corporation in Vietnam, focusing on 4 strategic groups VINCOM VINPEARL VINMEC VINCHARM Residential Develop, manage, and Manage and operate a Manage and operate a development operate tourism and portfo
Slide 11: Highly experienced management team
7. Highly experienced management team Mr. Pham Nhat Vuong Chairman of Board of Management Holds a Bachelor of Geological Economic Engineering Long track record as an entrepreneur both outside and in Vietnam, founded Technocom Limited Company in Ukraine, which was sold to Nestle S.A. in 2010 Es
Slide 12: B. Business overview
B. Business overview 11 INVESTOR PRESENTATION
Slide 13: Vincom - A market leader in real estate development
Vincom - A market leader in real estate development Vincom’s capabilities and business model are unique in Vietnam Vincom’s capabilities Site Secured 2 of 20 Golden Sites in Ho Chi Minh City and secured large land bank in prime locations acquisition Demonstrated fast and efficient land acquisiti
Slide 14: Projects overview
Projects overview Estimated Start Estimated End Total development Total development Vincom's Effective Interest Date of Date of Location Progress cost (VND b)(3) cost (US$ m)(3) (%) Construction Construction Vincom Completed & Operational (1) Completed & Vincom Center Ba Trieu — Tower B Hanoi -- com
Slide 15: Completed properties
Completed properties Vincom Center Ba Trieu Vincom Center Ba Trieu Vincom Center B Tower A & B Tower C Ho Chi Minh City Golden site Retail, Hanoi Retail and apartments, Hanoi Retail, office, apartments on one Description of the 20 “Golden Sites”, Ho Chi Minh City 100.00% 74.41% 100.00% E
Slide 16: Project updates
Project updates Apartment sales (as of 30 June 2012) Royal City Times City No. of units launched 4,244 4,254 No. of apartments sold 2,490 3,430 - Under sales and purchase agreements ("SPAs") 2,393 3,135 - Under loan agreements and initial deposits 97 295 Cashflows (US$ million) 306 244 - Received fr
Slide 17: Development projects
Development projects Royal City Times City Vincom Village Large-scale high-end mixed-use Large-scale upper mid-end High-end, mixed-used development, Description development, Hanoi integrated mixed-use development, Hanoi Hanoi Effective interest(1) 98.36% 80.39% 61.00% Parking Sport Cente
Slide 18: Development projects
Development projects Vincom Center A Vincom Hai Phong Green City Ho Chi Minh City Golden site Retail and hotel development on High-end retail, office, residential Upper mid-end, mixed-used Description one of the 20 “Golden Sites”, Ho and parking complex, Hai Phong development, Ho Chi Minh City
Slide 19: Development projects
Development projects Long Bien Vincom Hung Yen Mixed-use, eco-urban township, which has a site Mixed-use, eco-urban township, which has a site Description area of 4,800,000 sqm in Hanoi area of 4,000,000 sqm in Hung Yen Effective interest(1) 100.00% 100.00% Other12% School Vincom Hung Yen
Slide 20: Vinpearl - Vietnam's leading hospitality brand
Vinpearl - Vietnam’s leading hospitality brand Vinpearl, formerly a leading locally listed hospitality firm, specializes in resorts, tourism, recreational businesses and other supporting services Successful Acquired a portfolio of prime land sites in key tourist and business destinations in Vietna
Slide 21: Completed properties
Completed properties Vinpearl Resort Nha Trang Vinpearl Land Vinpearl Luxury Nha Trang An international 5 star hotel in Built on more than 200,000 sqm A luxurious resort located on a Vinpearl Nha Trang complex of area and consists of many modern private prime 151,363 sqm site Description hotel
Slide 22: Completed properties
Completed properties Vinpearl Golf Club - Nha Trang Vinpearl Luxury Da Nang With total site area of 155,087sqm, the Nha Trang is an 18 hole, par 71 championship golf course on 643,708sqm project is situated on the most beautiful Description located on Hon Tre Island beachfront site on the famous
Slide 23: Development projects
Development projects Vinpearl Villas Ngu Hanh Son Lang Van Vinpearl Resort Hoi An - Da Nang A large-scale tourism project, Located on a beachfront site in A high-end villa complex on prime location of Non Nuoc Beach part of Da Nang’s master plan the coastal city of Hoi An in Description and is
Slide 24: Development projects
Development projects Vinpearl Tuy An Vinpearl Van Phong The Beach Villas The project is situated on a vast The project is located on a A land area of nearly 17,750sqm land area of 28,895,000sqm in O 1,550,00sqm site in a highly on the mainland side of Nha Description Loan Lagoon National Sceni
Slide 25: Development projects
Development projects Vinpearl Villas Hon Tre, Nha Vinpearl Hon Mot Vinpearl Bai Dai Trang An excellent location on Hon Tre A high-end resort on a A site area of 228,000sqm, located Description Island near Dam Mong 1,126,678sqm on Hon Mot on Bai Dai (Long Beach) in Cam Mountains overlooking the
Slide 26: Development projects
Development projects Vinpearl Cam Ranh Vinpearl Da Lat With total site area of 14,971,000sqm, this is An eco-tourism site and high-end resort the largest project in the region, making project situated in the tourism site of Tuyen Description significant changes to the appearance of Lam Lake, Da
Slide 27: Vinmec International Hospital
Vinmec International Hospital International five-star hotel-hospital in Vietnam Operation : 7 January 2012 commencement date Location : Times City, 458 Minh Khai Street, Hanoi Property : Site area of approximately 24,672 sqm description GFA of 60,446 sqm Comprises 2 basements and 7 above ground flo
Slide 28: Vincharm
Vincharm Today, Vincharm has facilities in 4 major cities across Vietnam and is continuing to expand. Vincharm Health club provides fantastic fitness, luxurious spa, and great services from wonderful staff Vincharm Spa Hanoi Vincharm Spa Da Nang Vincharm Spa Nha Trang Vincharm Spa Ho Chi Minh City 2
Slide 29: C. Financial overview
C. Financial overview 28 INVESTOR PRESENTATION
Slide 30: Share price performance
Share price performance Stock Performance over the last 12 months 110,000 2.0 100,000 1.5 Share Price (VND) Volume (m) 90,000 1.0 80,000 0.5 70,000 60,000 0.0 Aug/11 Sep/11 Nov/11 Dec/11 Feb/12 Mar/12 May/12 Jun/12 Jul/12 Vingroup Share Volume Vingroup Share Price VN Index rebased Price VND77,000 as
Slide 31: Vingroup - Financial highlights
Vingroup - Financial highlights Revenue(1) Net income(1) (In US$ m) (In US$ m) 251.3% 184.6 182.0 142.8% 123.9% 111.9 93.3 234.4 263.6 46.2% 138.6 84.1 2009A 2010A 2011A Q2 2012 2009A 2010A 2011A Q2 2012 Net income Profit margins Source: Vingroup IFRS financials in 2009, 2010, 2011, Q2 2012 Source:
Slide 32: Disclaimer
Disclaimer This presentation may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes, and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Represe
Slide 33: Investor Relations Department
Investor Relations Department Vingroup JSC Vingroup Office Tower, Vincom Village Eco-Urban Area Long Bien District, Hanoi, Vietnam Tel: +84 (4) 3974 9999 ext. 926 Fax: +84 (4) 3974 8888 Website: http://www.vingroup.net E-mail: [email protected] INVESTOR PRESENTATION
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