Vingroup Joint Stock Company · HOSE:VIC

Vingroup Joint Stock — Vingroup — Q4 2023 Earnings Presentation

37 slides from Vingroup Joint Stock's earnings presentation, Jan 31, 2024

  1. Slide 1: Vingroup's 4Q2023 Earnings Presentation

    Vingroup’s 4Q2023 Earnings Presentation 31 January 2024

  2. Slide 2: Important Notice

    4Q2023 EARNINGS PRESENTATION Important Notice IMPORTANT: The information contained herein is preliminary and subject to change without notice, its accuracy is not guaranteed, has not been independently verified and may not contain all material information concerning Vingroup Joint Stock Company (the

  3. Slide 3: Table of Contents

    4Q2023 EARNINGS PRESENTATION Table of Contents Macroeconomic Update Operational Update Financial Summary 2024 Outlook

  4. Slide 4: Key Highlights

    4Q2023 EARNINGS PRESENTATION Key Highlights _ Macroeconomic Fundamentals stay robust, conducive for strong performance in 2024 Industrials - Technology On track with global infrastructure development (2) Real Estate Development & Services Solid performance across businesses e Financial Performance V

  5. Slide 5: Macroeconomic Update

    4Q2023 EARNINGS PRESENTATION ~ 5

  6. Slide 6: Jan-18 Nov-18 Sep-19 Jul-20 May-21 Mar-22 Jan-23 Nov-23 Total retail sales 1Q

    600 500 400 300 200 100 0 Jan-18 Nov-18 Sep-19 Jul-20 May-21 Mar-22 Jan-23 Nov-23 Total retail sales 1Q 2Q 3Q 4Q Vietnam USA EU China Indonesia Malaysia Philippines Singapore Thailand Services Retail sales of goods and services Manufacturing 750 Real Estate 700 Manufacture and distribution of electr

  7. Slide 7: Core Inflation Rate and Consumer Price Index

    6.0% 5.0% 12% 10% 4.0% 8% 3.0% 6% 2.0% 4% 1.0% 2% 0.0% 0% Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Core Inflation Rate Consumer price index 2023 inflation ON 1w 1m 20% 25,50

  8. Slide 8: Operational Update

    EARNINGS PRESENTATION

  9. Slide 9: Operational highlights

    5 SARS | VR | Operational highlights EV deliveries in 4Q2023") Charging points?) Showrooms!) Visit VinFast it CES 2024 Booth #6417

  10. Slide 10: Global Infrastructure Development - On Track

    4Q2023 EARNINGS PRESENTATION 10 Global Infrastructure Development - On Track United States Partnered with Luka Koper to Signed agreements with five establish terminal services dealers in Texas, North Carolina, New York, Kansas First batch of VF 8 arrived in Belgium Vietnam NM ) Partnered with Flo fo

  11. Slide 11: Stepping Up on Global Branding

    4Q2023 EARNINGS PRESENTATION Stepping Up on Global Branding CES 2024 - Venture Beyond Unveiled new EV concept - the VF Wild v The Longest in the mid-size pickup truck segment v 5 to 8 feet of storage compartment length thanks to automatic folding feature of the windshield and rear seats VF 3 - Green

  12. Slide 12: VF 6 - Available To Order In Vietnam Starting December 4, 2023

    4Q2023 EARNINGS PRESENTATION VE 7 - Available To Order In Vietnam Starting December 24, 2023 23 iles 375 km 349 hp 500 Nm Max Power and Max Torque?)

  13. Slide 13: • • • • • • • • • • • • • •

    • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •

  14. Slide 14: Real Estate Development and Services

    Real Estate Development and Services Residential VND 121.4 trillion VND 48.9 trillion VND 99.7 trillion Retail Vinhomes’ total adjusted al revenue! exceeds FY2023 VND 7.8 trillion guidance of VND 100tn Gross profit in 2023 ath +11% YoY VND 5.7 trillion Unbilled bookings of Vinhomes as of VND 4.4 tri

  15. Slide 15: Dec-19 Dec-20 Dec-21 Jun-22 Dec-22

    120 120 100 100 80 80 60 60 40 40 20 20 ✓ ✓ ✓ - 0 2019 2020 2021 2022 2023 Dec-19 Dec-20 Dec-21 Jun-22 Dec-22 Jun-23 Dec-23 140 120 100 80 60 40 20 ✓ ✓ 0 2020 2021 2022 1Q23 2Q23 3Q23 4Q23 2023

  16. Slide 16: Ocean City's Transformation Into A Vibrant Living Community

    4Q2023 EARNINGS PRESENTATION Ocean City’s Transformation Into A Vibrant Living Community And Entertainment Hub Of Hanoi GRAND OPENING OF MEGA GRAND WORLD The F&B, shopping and entertainment “hub” in the North Accessibility potential 50 million visitors annually 64,000 visitors in 1 day 160,000 visit

  17. Slide 17: ✓ ✓ ✓ ✓ 2019 2020 2021 2022 2023 ✓ ✓ ✓ ✓ 2019

    ✓ ✓ ✓ ✓ 2019 2020 2021 2022 2023 ✓ ✓ ✓ ✓ 2019 2020 2021 2022 2023 ✓ ✓ 2019 2020 2021 2022 9M2022 ✓ ✓

  18. Slide 18: 2019 2020 2021 2022 2023 2024T 2019 2020 2021 2022 2023 2024T

    2019 2020 2021 2022 2023 2024T 2019 2020 2021 2022 2023 2024T

  19. Slide 19: 4Q2022 1Q2023 2Q2023

    4Q2022 1Q2023 2Q2023 3Q2023 4Q2023 4Q2022 1Q2023 2Q2023 3Q2023 4Q2023 800 700 600 500 400 300 200 100 0 4Q2022 1Q2023 2Q2023 3Q2023 4Q2023 4Q2022 1Q2023 2Q2023 3Q2023 4Q2023 Owned by Vinpearl Vinpearl manages (VinWonders Nha Trang, Grandworld Phu Quoc)

  20. Slide 20: Hospitality: Destination Events to Attract International & Domestic Visitors

    4Q2023 EARN PRESENTATION 20 Hospitality: Destination Events to Attract International & Domestic Visitors - sensational month-long celebratory events for Christmas & animated Phu Quoc with a series of highly anticipated year-end New Year season activities. Themed "Twilight till First Light" and featu

  21. Slide 21: Social Enterprises

    Social Enterprises

  22. Slide 22: 2019 2020 2021 2022 2023 ✓ 2019 2020 2021 2022 2023 ✓

    2019 2020 2021 2022 2023 ✓ 2019 2020 2021 2022 2023 ✓

  23. Slide 23: Healthcare & Other Business Updates

    4Q2023 EARNINGS PRESENTATION Healthcare & Other Business Updates Vinmec — pioneer in the application of modern technologies and f advanced treatment methods Y In early 2024, Vinmec achieved a medical breakthrough by simultaneously replacing both the pelvis and part of the femur in a patient with a r

  24. Slide 24: Sustainable Triumphs: Vingroup's ESG Initiatives Shine

    4Q2023 EARNINGS PRESENTATION 24 Sustainable Triumphs: Vingroup's ESG Initiatives Shine 4 R nition for E: Ff 28,600 tons of Co, reduction ‘ecognition for ESG efforts After 02 years of Vinbus operation Y Vingroup, VinFast, Vinhomes: awarded by FinanceAsia Awards 2023 as Best Managed Company and Best E

  25. Slide 25: Reinforcing On Branding Equity Globally

    4Q2023 EARNINGS PRESENTATION Reinforcing On Branding Equity Globally Industrials & Technology Real Estate Development & Services Social Enterprises v New Star Award - VFS and Subcompact Crossover B - VF6 honored at the Car Awards 2022 by VINFAST VnExpress Y Car Choice Awards 2023 rated VF 9 and VF 6

  26. Slide 26: 3. Financial Summary

  27. Slide 27: Recurring revenue Property sales

    120,838 84,888 84,156 99,058 67,312 43,777 46,661 33,892 2020 2021 2022 2023 2020 2021 2022 2023 2020 2021 2022 2023 2020 2021 2022 2023 Recurring revenue Property sales

  28. Slide 28: 2020 2021 2022 2023 2020 2021 2022 2023 2020 2021 2022 2023 2020 2021

    2020 2021 2022 2023 2020 2021 2022 2023 2020 2021 2022 2023 2020 2021 2022 2023 2020 2021 2022 2023 2020 2021 2022 2023

  29. Slide 29: 7,000 5,000 3,000 1,000 (1,000) (3,000) (5,000) 2020 2021 22 2023 2020 2021 2022

    7,000 5,000 3,000 1,000 (1,000) (3,000) (5,000) 2020 2021 2022 2023 2020 2021 2022 2023 2020 2021 2022 2023 900 700 500 300 100 (100) (300) 2020 2021 2022 2023 2020 2021 2022 2023 2020 2021 2022 2023

  30. Slide 30: Property sale Industrials Hospitality & entertainment

    Property sale Industrials Hospitality & entertainment Leasing 2020 2021 2022 2023 Dec-20 Dec-21 Dec-22 Dec-23 Healthcare & education Others Total Debt / EBITDA Net Debt / EBITDA Total assets Total equity

  31. Slide 31: Debt breakdown and maturity

    Revolving bank loan Less than 1 year 1-3 years 3-5 years More than 5 years Corporate bond Syndicated loan Bank borrowings & others

  32. Slide 32: Leverage, Coverage and Other Ratios

    Leverage, Coverage and Other Ratios FY2023 9M2023 Change Leverage ratios Net debt!?/ EBITDA? 3.3x 3.2x O.1x Net debt? / (Total assets - cash & ST investments) 27.1% 27.1% - Coverage ratios Recurring revenue / Interest expense® 3.9x 3.8x (0.1)x EBITDA / Interest expense® 3.0x 3.4x (0.4)x Others Debt

  33. Slide 33: 4. 2024 Outlook

    4.2024 Outlook st ee eV "2 en"

  34. Slide 34: • • • • •

    • • • • •

  35. Slide 35: — Pree sean

    le — Pree sean

  36. Slide 36: 2024 Outlook (3)

    4Q2023 EARNINGS PRESENTATION 36 2024 Outlook (3) Social Enterprises * Optimize operation, deploy technology to + Ramp up new campuses within the + Continue to promote international achieve enhanced efficiency across —_ network partnerships, foster exchange network * Continue implementation of CIS pr

  37. Slide 37: Company Information

    4Q2023 EARNI PRESENTATION Company Information Vingroup Joint Stock Company (“Vingroup”), Vinhomes Joint Stock Company (“Vinhomes”), and Vincom Retail Joint Stock Company ‘s combined market capitalization: USD 17 billion as at 29 December 2023. Vingroup today bases its strategy on the principles of s

Vingroup — Q4 2023 Earnings Presentation on 6ix