Vietjet Aviation Joint Stock Company · HOSE:VJC
Vietjet Aviation Joint Stock — 9M 2019 Earnings Presentation
22 slides from Vietjet Aviation Joint Stock's earnings presentation, 2019
Slide 1: Business Results Updated 9M2019
Vietjet Aviation Joint Stock Company Business Results Updated 9M2019 0
Slide 2: Legal Disclaimer
Legal Disclaimer THIS PRESENTATION HAS BEEN PREPARED BY VIETJET AVIATION JOINT STOCK COMPANY (THE “COMPANY”) SOLELY FOR YOUR INFORMATION AND FOR USE AT THE PRESENTATION BY THE COMPANY AND HAS NOT BEEN INDEPENDENTLY VERIFIED. THIS PRESENTATION IS BEING COMMUNICATED ONLY TO PERSONS WHO HAVE PROFESSION
Slide 3: Contents
Contents i Business overview ii Operation highlights iii Financial highlights iv Events & Awards v Business strategies 1
Slide 4: Business Overview
Business Overview Business description Strong projected passengers growth [million passengers] Having commenced operations in December 30 27 Current price VND 145,000 2011, VietJet had grown rapidly to become the 23 24 largest airline in Vietnam after only 4 years of Market Cap USD 3.3bn operations.
Slide 5: Q3 2019 Business Overview
Q3 2019 Business Overview Continue to expand international flight network, Vietjet reports its profit before tax increased by 17% in Q3 In air transport business, the ancillary revenue contributing an important part in growth Q3, equivalent to 28.3% of the total passenger transport revenue Maintaine
Slide 6: Vietjet's Route Network Map
Vietjet's Route Network Map 127 routes 41 86 international domestic routes routes 4
Slide 7: Operation highlights
i Business overview ii Operation highlights iii Financial highlights iv Events & Awards v Business strategies 5
Slide 8: Strong Operational Performance
Strong Operational Performance Avg. Aircrafts operating following A/C delivery Expanding Routes Capacity [#mn seats] 64.5 127 25 50.6 50.3 105 103 21 87 90 19 19 39.7 16 33.6 '16 '17 '18 9M'18 9M'19 '16 '17 '18 9M'18 9M'19 '16 '17 '18 9M'18 9M'19 Growth passengers [#mn pax] Growth RPK [#billion Pass
Slide 9: Vietjet's Young Fleet
Vietjet's Young Fleet Young, modern and fuel efficient fleet, driving lower maintenance & fuel cost in the long term Average age of aircraft fleet Asia Europe / Middle East average: 5.80 years average: 6.8 years 8.32 8.11 6.60 5.37 5.44 5.91 4.98 5.70 2.82 3.21 FY2018 9M'19 Cebu Pacific AirAsia Indi
Slide 10: Cost, cost & cost!
Cost, cost & cost! A strong focus on cost 8
Slide 11: Financial highlights
i Business overview ii Operation highlights iii Financial highlights iv Events & Awards v Business strategies 9
Slide 12: Sustainable Financial Performance
Sustainable Financial Performance Growth in profitability Unit: billion VND Revenue - consolidated Profit before tax - consolidated EBITDAR Adj. [excld gain SLB] CAGR: +17% CAGR: CAGR: +16% 53,577 +38% +45% +35% 11,860 42,303 +9% 9,977 39,879 5,816 5,303 8,583 33,935 7,824 27,499 3,869 4,206 6,392 2
Slide 13: Financial Ratios
Financial Ratios Sustainable ratios performance Unit: billion VND Total Asset +10% Total Equity +6% CAGR: CAGR: 14,847 +38% 43,146 +70% 14,039 14,039 39,086 39,086 31,658 10,594 20,063 4,734 '16 '17 '18 9M'18 9M'19 '16 '17 '18 9M'18 9M'19 Asset increase 10%; long term asset accounted 52% Buy back tr
Slide 14: Ancillary Revenue
Ancillary Revenue Rapidly growing thank to the expansion of international routes Unit: billion VND Unit: USD Revenue structure Growth ancillary rev thank to international routes Ancillary Revenue per Pax 1.40% CAGR: 8,410 8,241 CAGR: +52% +22% 20.2 Passengers +38% 17.2 5,477 5,988 16.5 +23% 28.10% 1
Slide 15: Awards & Events
i Business overview ii Operation highlights iii Financial highlights iv Awards & Events v Business strategies 13
Slide 16: Events
Events President & CEO Nguyen Thi Phuong Thao was awarded Forbes' Asia's Power Businesswomen 2019 Welcomed UK Minister of State of International Trade to visit Vietjet Aviation Academy Welcomed Premier of Victoria (Australia) Daniel Andrews to visit VJ Office Announced the cooperation agreement betw
Slide 17: Events
Events Announced operation plan of 6 routes from and to Phu Quoc, inaugurated Nha Trang - Busan (South Korea) route Organized a large-scale cabin crew recruitment day in Tokyo, Japan Operated the first A321neo ACF aircraft with 240 seats over the world Attended the Industry 4.0 Summit 2019 Vietjet,
Slide 18: Vietjet operates the first A321neo ACF aircraft with 240 seats
Vietjet operates the first A321neo ACF aircraft with 240 seats over the world 16
Slide 19: Events
Events Accompanied with the "I Love my Fatherland" journey 2019 Cooperated with Orbis - Flying Eye Hospital to bring light to million eyes Cooperated with Google to double utility for all travelers from and to Vietnam Accompanied with Miss Universe Vietnam 2019, Futsal HDBank National Championship 2
Slide 20: Events
Events Honored as Forbes' 50 Best Listed Companies in Vietnam Honored as one of the best financial and management capacity on Vietnamese stock exchanges Honored as Best Company to work for in Asia 2019 at HR Asia Award Honored as the Best Brand in Asia by CMO Asia Awarded as the Fastest passenger gr
Slide 21: Events
Events Vietjet is at BBB ranking, continued to be in the world’s top 50 airlines by rating of AirFinance EBITDAR margin of Vietjet is at A ranking and in the top 7 The average age of Vietjet fleet reaching AAA ranking, leading in the world airline rankings. 19
Slide 22: Thank you
Thank you Enjoy flying
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