Vietnam Golf Tourism JSC (VNG) : Company Profile and SWOT Analysis by WMIntelligence

VIEWS: 24 PAGES: 27

More Info
									Vietnam Golf Tourism JSC

_________________________________________________________________________________



Vietnam Golf Tourism JSC                                                       Financial Snapshot

                                                                               Operating Performance
Fast Facts
Headquarters Address                      37, Street 3/2, Vung Tau, ,Vietnam
                                                                               The company reported revenue of US$3 million
                                                                               during the fiscal year 2012 (2012). The company's
                                                                               revenue declined at a compounded rate of 3.04%
Telephone                                 + 84 64 3596007
                                                                               during 2008–2012, with an annual decline of 11.58%
                                                                               over 2011. In 2012, the company recorded an
Fax                                       + 84 64 3596008                      operating margin of 5.60%, as against 6.94% in 2011.

Website                                   http://vinagolf.vn/
                                                                               Revenue and Margins
Ticker Symbol, Stock Exchange             VNG, Hochiminh Stock Exchange

Number of Employees                       296

Fiscal Year End                           December

Revenue (in US$ million)                  3




SWOT Analysis

Strengths                                 Weaknesses                           Return on Equity

Diversified business operations           Overdependence on select region      The company recorded a return on equity (ROE) of
                                                                               0.81% for 2012, as compared to its peers,
                                                                               InterContinental Hotels Group PLC (Ticker: IHG),
Enhanced financial leverage               Recurring issues                     Saigon Hotel Corp (Ticker: SGH) and Accor SA
                                                                               (Ticker: AC), which recorded ROEs of 176.62%,
Opportunities                             Threats                              25.23% and -21.67% respectively. The company
                                                                               reported an operating margin of 5.60% in 2012.
Positive outlook for travel and tourism
                                          Increase in wage rates
industry in Asia-Pacific
                                                                               Return on Equity
                                          Risks related to unforeseen
Strategic growth initiatives
                                          circumstances




                                                                               Liquidity Position

                                                                               The company reported a current ratio of 0.23 in 2012,
                                                                               as compared to its peers, InterContinental Hotels
                                                                               Group PLC, Saigon Hotel Corp and Accor SA, which
                                                                               recorded current ratios of 0.85, 9.35 and 1.07
                                                                               respectively. As of December 2012, the company
                                                                               recorded cash and short-term investments of worth
                                                                               US$0 million, against US$0 million current debt. The
                                                                               company reported a debt to equity ratio of 0.33 in
                                                                               2012 as compared to its peers, InterContinental
                                                                               Hotels Group PLC, Saigon Hotel Corp and Accor SA,
                                                                               which recorded debt to equity ratios of 4.08, 0.00 and
                                                                               0.86 respectively.




___________________________________________________________________________________________

Vietnam Golf Tourism JSC - SWOT Profile                                                                                Page 1
Vietnam Golf Tourism JSC

___________________________
								
To top