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PV GAS for the seventh consecutive year in Forbes Vietnam’s 50 best listed companies in 2019

Forbes Vietnam has announced Vietnam’s 50 top listed companies in 2019. This is the 7th time in a row PV GAS made it in Forbes 50 top listed companies.

As usual, The list this year included top performing companies that are listed on the Ho Chi Minh stock exchanges (HSX) and the Hanoi stock exchanges (HNX).

According to Forbes Vietnam’s seventh list of the country's top companies, the group of leading companies has shown impressive growth. The companies have recorded a combined total post-tax profit of nearly 127.53 trillion VND (5.45 billion USD), a year-on-year increase of 19.2 percent. Total capitilisation of these 50 top companies reached 94 billion USD, accounting for 63 percent of total market capitalisation on the Ho Chi Minh and Hanoi stock exchanges in mid-May.

Forbes Vietnam applies company ranking methods from Forbes (an American business magazine), taking into consideration the characteristics of the listed businesses. The assessment is based on financial statements audited over five consecutive years from 2014 to 2018 and firms’ mid-May market capitalisation figures.

Forbes studied all stocks listed on the HSX and HNX and arranged in industry groups. In the preliminary round, companies that are at loss, or in the process of delisting, whose market capitalization and turnover are under 500 billion VND, the subsidiaries have their business activities dependent on parent companies (have been reviewed) are disqualified. In the round of quantitative calculations,

Forbes graded the companies according to the following criteria: double growth rate of revenue, profit, ROE, ROC and EPS growth in the period of 2014 - 2018. Quantitative Calculation followed the method of Forbes supported by Ban Viet Securities Company (VCSC).

In the qualitative round, Forbes Vietnam independently deliberated the level of sustainable development of the companies: brand, quality of corporate governance, origin of past profit and prospects for sustainable development. Companies that repeatedly violated the obligation to disclose information to the two stock exchanges, suspected of manipulating stock prices or lack of transparency, were taken out of the list.

The companies on the final list are mostly leading companies or corporates that have established competitive advantages in its industry, grouped by sections. The largest proportion in the list were real estate, construction, logistics, financial services, raw materials, and retail section.

PetroVietnam Gas Joint Stock Corporation (PV GAS) is one of the few businesses that continuously achieved 7 times putting its name in the list of the independent and globally reputable Forbes. Oil and gas industry also contributed 3 more companies in the list, namely: PetroVietnam Transportation Corporation, PetroVietnam Fertilizer and Chemicals Corporation - JSC, PetroVietnam Power Corporation.

Vietnam’s 50 best listed companies in 2019
(by sections)

No

Section

Company

Stock

Level 1

Level 2

1

Retail

 

 

Phu Nhuan Jewelry Joint Stock Company

PNJ

Mobile World Investment JSC

MWG

FPT Digital Retail JSC

FRT

Vietnam Petroleum Group

PLX

2

Real Estate &
Construction

 

Real Estate

JSC Green Land Group

DXG

Nam Long Investment JSC

NLG

Khang Dien House Trading and Investment Joint Stock Company

KDH

Kinh Bac Urban Development Joint Stock Company 

KBC

Construction

Coteccons JSC

CTD

Hoa Binh Construction Group 

HBC

3

Technology

 

FPT

FPT

4

Medication

 

Hau Giang Pharmaceutical JSC

DHG

Pymepharco

PME

Domesco Medical Import Export Joint Stock Company

DMC

5

Transport and Logistics Services

 

Vietnam Airlines Corporation

HVN

VietJetAir

VJC

Saigon Cargo Services Joint Stock Company

SCS

JSC Vietnam Container Group

VSC

Dong Nai Port Joint Stock Company

PDN

PetroVietnam Transportation Corporation

PVT

6

Multisection

 

Vingroup

VIC

Masan

MSN

JSC of Vietnam Electrical Equipment

GEX

Phú Tài JSC

PTB

Refrigeration Electrical Engineering JSC

REE

7

Consumer goods

 

JSC Thien Long Group

TLG

Song Hong Garment Joint Stock Company

MSH

8

Agriculture and supplement

 

Vinh Hoan JSC

VHC

PAN

PAN

Dabaco Vietnam

DBC

PetroVietnam Fertilizer and Chemicals Corporation - JSC

DPM

9

Finance

Insurance

Bao Viet Group

BVH

PVI

PVI

Security

SSI

SSI

Hochiminh securities Joint-Stock Company

HCM

Ban Viet Securities

VCI

Banking

Vietcombank

VCB

Techcombank

TCB

Asia Commercial Bank

ACB

VPBank

VPB

MB Bank

MBB

10

Food

 

Vinamilk

VNM

Sabeco

SAB

11

Utilities

 

PetroVietnam Power Corporation

POW

PetroVietnam Gas Joint Stock Corporation

GAS

Biwase 

BWE

12

Construction materials

Steel

Hoa Phat Group JSC

HPG

Plastic 

Binh Minh Plastic JSC

BMP

Tien Phong Plastic Joint Stock Company

NTP

Stone

Vicostone JSC

VCS

© Copyright PETROVIETNAM GAS JOINT STOCK CORPORATION (PV GAS)
Address: Floor 12-15, PV GAS TOWER, No. 673 Nguyen Huu Tho Street, Phuoc Kien Commune, Nha Be District, Ho Chi Minh City.
Phone: +84.28. 3781 6777 Fax: +84.28. 3781 5666 Email: pvgas@pvgas.com.vn

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