History in Brief The company’s Mission and Core Values The products of the company Financial Statement
I.Brief History 1969, Coronel Coffee Plant After April 1975, Bien Hoa Coffee Factory April 1977, Vietnam successfully produced instant coffee 1978, Vietnam coffee went abroad 1983, The birth of Vinacafe brand
1990, Vinacafe officially came back to Vietnam 1993, Launching instant coffee 3 in 1 1998, The second plant 2004, Vinacafe Bien Hoa Joint Stock Company
Achievements and Awards 2005, WIPO TROPY Award 2007, Labor Hero Medal 2008, Guiness World Record 1997- 2010, Vietnam High-Quality Product 2004- 2010, Vietnamese Gold Star Award
Instant Coffee Market Share in Vietnam
Company Organization
II. Mission and Core value 1. Mission _ Create high-level trademark _ Reach to the world position 2. Core Values _ Key product is instant coffee _ Careful financial operation _ Investment and Development of human resources _ Food safety and hygiene and environment protection _ Application of international common practices in company administration _ Product promotion and reputation establishment
III. PRODUCTS Roasted- Ground Coffee Instant coffee Instant Nutritious Cereal Cricket Nutritious Cereal
Production Output and consumption 2008 2009 2010 Production Output Roasted-Ground Coffee and Instant Coffee (tonnes) 12,777 14,156 15,650 Instant Nutritious Cereal (tonnes) 3,234 3,600 4,500 Consumption 12,349 14,727 3,241 3,658
Net Revenue for each group product (VND million) 2008 2009 2010 Income Proportion Roasted- Ground Coffee 5,396 0.63% 6,303 0.62% 5,845 0.60% Instant Coffee 20,671 2.40% 14,738 1.44% 9,883 1.08% Milk Coffee 666,771 77.25% 801,512 78.53% 717,940 78.44% Instant Nutritious Cereal 168,524 19,53% 195,474 19.25% 180,839 19.76% Other Revenue 1,276 0.20% 2,667 0.26% 1,127 0.12% Total 863,038 100% 1,020,694 915,274
IV. FINANCIAL STATEMENT Income statement Revenue and Profit 3. Balance Sheet 4. Financial Ratios
Income statement (Million Dong) Year 2013 Year 2012 Year 2011 Net Revenue 2,298,669 2,114,659 1,585,572 Cost of Goods Sold 1,613,677 1,530,526 1,193,485 Gross Profit 684,992 584,133 392,087 Financial Income 16,994 17,378 35,467 Financial Expenses 5,394 2,402 10,403 Selling Expenses 390,265 254,800 170,264 General and Administration Expenses 36,187 41,612 32,185 Operating Profit 270,141 302,698 214,702 Other Profit 17,175 23,471 18,758 Profit before tax 287,315 326,169 233,460 Net Profit after tax 260,389 298,242 211,113 Profit after tax for shareholders of the parent company Earning per Share( VND) 9,797 11,221 7,943
Revenue and Profit (Billion VND)
Balance sheet (Million VND) Year 2013 Year 2012 Year 2011 Current Assets 1,001,240 606,592 762,112 Cash and cash equivalents 751,034 275,248 298,222 Short-term receivables 83,833 93,356 162,235 Inventories 165,525 235,125 252,329 Other current Assets 848 2,862 49,327 Non-current assets 612,112 526,596 55,953 Fixed assets 600,257 521,227 Total assets 1,613,352 1,133,188 818,065 Liabilities 479,641 181,732 92,882 Short-term liabilities 479,213 89,863 Long-term liabilities 429 3,019 Owner’s equity 1,133,711 951,455 725,183 Charter Capital 265,791 Share premium 29,974 Retained Earnings 624,434 442,179 261,146 Total owner’s equity and liabilities
Ratios Ratios Year 2013 Year 2012 Year 2011 Trailing EPS (VND) 9,797 11,221 7,943 Book value per share (VND) 42,654 35,797 27,284 P/E (Times) 13.88 14.26 11.46 P/B( Times) 3.19 4.47 3.34 Gross profit margin (%) 29.8 27.62 24.73 Net profit margin(%) 11.33 14.1 13.31 ROE(%) 24.98 35.58 32.37 ROA(%) 18.96 30.57 27.29 Short-term Ratios (Times) 2.09 8.48 Interest Coverage (Times) 90.49 642.06 66.45 Liabilities to assets(%) 29.73 16.04 11.35 Debt to equity(%) 20.41 -
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