SEE FULL COMPANY PROFILES WITH A FREE TRIAL
EMIS is the definitive emerging markets news, research, company, and financial data resource. EMIS - ISI Emerging MarketsLEARN MORE
Search for another company:
ALL
Vietnam
Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).

Binh Minh Plastics Jsc (Công ty Cổ phần Nhựa Bình Minh)

Main Activities: Plastics Product Manufacturing

facebook Please check the full coverage of information what EMIS can offer you. SEE SAMPLE

Company Information

Full name
Binh Minh Plastics Jsc

Headquarters
Quan 6, HCM city; Ho Chi Minh (municipality); South Eastern Vietnam
Status: Listed
Legal Form: Public Limited Company
Operational Status: Operational
ISIN CODE : VN000A0LAZG2
Financial Auditors: Công ty TNHH Dịch vụ Tư vấn Tài chính và Kiểm toán Nam Việt (AASCN) (2012)
Incorporation Date: July 11, 2006

Tel: +84 - 8 39690973

Company Description

Binh Minh Plastics Joint Stock Company was originated from Binh Minh Plastics State Private Company, established in 1977. Since 2003, this company has operated as a joint stock company. Binh Minh Plastics has become a top ranking plastic manufacturer in Vietnam which specializes in manufacturing hard PVC pipes, PEHD (corrugated pipes and smooth pipes), fittings of pipes, sprayers of worm protection, protection helmets and other technology pipes according to the most famous and modern equipment such
More

Company Analysis

According to the Individual - Audited financial statement for the third quarter of 2012, total net operating revenues decreased with -4.65%, from VND 499,127.03 millions to VND 475,911.25 millions. Operating result increased from VND 93,668.79 millions to VND 119,977.43 millions which means 28.09% change. The results of the period increased 26.36% reaching VND 89,978.23 millions at the end of the period against VND 71,208.24 millions last year. Return on equity (Net income/Total equity) went from 6.83% to 7.58%, the Return On Asset (Net income / Total Asset) went from 5.74% to 6.72% and the Net Profit Margin (Net Income/Net Sales) went from 14.27% to 18.91% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 12.83% compared to 19.00% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 4.38 to 6.30 when compared to the previous year.

Key Executives

Lê Quang Doanh Chairman
Nguyễn Hoàng Ngân Vice Chairman
Lê Quang Doanh General Director
Nguyễn Hoàng Ngân Vice General Director
Nguyễn Thị Kim Yến Vice General Director
More

Companies with Similar Main Activities

ISI Emerging Markets

FULL COMPANY PROFILE

Please check the full coverage of information what EMIS can offer you.
SEE SAMPLE
SELECT CURRENCY
Balance Sheet

Total Assets

1,339,520

1,364,630

Current Assets

949,087

958,254

Total Liabilities

152,322

158,015

Shareholders Equity

1,187,197

1,206,614

Current Liabilities

150,582

156,275

* All the accounts are in VND.
Income Statement

Total Operating Revenue

475,911

507,010

Operational Profit (Loss)

119,977

121,695

Net Profit (Loss)

89,978

89,016

* All the accounts are in VND.
Ratios
Profitability Ratios

Return on Assets (ROA)

6.72%

6.52%

Annualised Return on Assets (ROA)

26.88%

26.08%

Return on Equity (ROE)

7.58%

7.38%

Annualised Return on Equity (ROE)

30.32%

29.52%

Return on Sales (ROS)

19.18%

17.76%

Gross Profit Margin

31.65%

31.84%

Operating Profit Margin

19.18%

17.76%

Efficiency Ratios

Accounts Receivable Turnover

1.39x

1.41x

Inventory Turnover

0.90x

0.92x

Current asset turnover

0.49x

0.52x

Fixed-asset turnover

1.59x

1.61x

Asset Turnover

0.35x

0.37x

Valuation figures and ratios

EBITDA

-174

-484

Enterprise value

1,062,872

1,226,173

Enterprise Value / EBITDA

-6,096.55

-2,528.40

Bookvalue (BV)

1,157,163

1,176,389

Liquidity Ratios

Current Ratio

630.28%

613.18%

Quick ratio

394.99%

375.02%

Doom's day ratio

165.55%

137.15%

Leverage Ratios

Leverage ratio

879.4%

863.6%

Debt to equity

12.83%

13.1%

Debt / Enterprise Value

0.4%

0.65%

Market ratios

Market Capitalization/EBITDA

-7,501.80

-2,953.83