V

Vincom Retail JSC
VN:VRE

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Vincom Retail JSC
VN:VRE
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Price: 29 150 VND 2.1% Market Closed
Market Cap: ₫66.2T

Gross Margin

53.5%
Current
Declining
by 0.4%
vs 3-y average of 53.9%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
53.5%
=
Gross Profit
₫4.7T
/
Revenue
₫8.8T

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
53.5%
=
Gross Profit
₫4.7T
/
Revenue
₫8.8T

Peer Comparison

Country Company Market Cap Gross
Margin
VN
Vincom Retail JSC
VN:VRE
66.2T VND
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DE
Vonovia SE
XETRA:VNA
23.8B EUR
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HK
Swire Properties Ltd
HKEX:1972
152.1B HKD
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BM
Hongkong Land Holdings Ltd
SGX:H78
18.9B USD
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IL
Azrieli Group Ltd
TASE:AZRG
52.9B ILS
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CH
Swiss Prime Site AG
SIX:SPSN
11.6B CHF
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CN
China Resources Mixc Lifestyle Services Ltd
HKEX:1209
111.6B HKD
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SG
Capitaland Investment Ltd
SGX:9CI
15.3B SGD
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CN
Zhejiang China Commodities City Group Co Ltd
SSE:600415
82.3B CNY
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DE
Deutsche Wohnen SE
XETRA:DWNI
9.4B EUR
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HK
Wharf Real Estate Investment Company Ltd
HKEX:1997
86.7B HKD
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Market Distribution

Higher than 90% of companies in Vietnam
Percentile
90th
Based on 632 companies
90th percentile
53.5%
Low
-798.7% — 9.6%
Typical Range
9.6% — 28%
High
28% — 206.1%
Distribution Statistics
Vietnam
Min -798.7%
30th Percentile 9.6%
Median 15.6%
70th Percentile 28%
Max 206.1%

Vincom Retail JSC
Glance View

Vincom Retail JSC, a prominent subsidiary of the Vingroup conglomerate, stands as the jewel in Vietnam's crown of commercial real estate. As a masterful architect of retail experiences, the company has strategically anchored itself in the urban fabric of Vietnam's burgeoning cities. Think of Vincom Retail as a maestro orchestrating a symphony of shopping centers—large, modern complexes that incorporate both familiar global brands and local favorites. These complexes, branded under the "Vincom" name, serve as bustling epicenters for shopping, dining, and entertainment, drawing legions of consumers eager for variety and quality under a single roof. By carefully crafting an engaging environment, the company not only captivates visitors but also secures the recurring foot traffic essential for retailers to thrive. The magic lies in Vincom Retail's refined business model, which delicately balances leasing space to high-demand retail tenants with innovative customer engagement strategies. The company collects substantial lease payments from local and international brands keen on leveraging Vietnam's expanding middle class and increasing consumer spending power. However, Vincom Retail doesn’t stop at just providing space; it continually enhances its malls with strategic marketing campaigns, events, and promotions aimed at boosting visitor numbers and enhancing customer experience. In essence, Vincom Retail JSC is more than a landlord—it's a dynamic partner to retailers, offering them an integrated platform to reach an eager audience while ensuring a seamless and enjoyable consumer journey for shoppers.

VRE Intrinsic Value
31 042.41 VND
Undervaluation 6%
Intrinsic Value
Price
V
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
53.5%
=
Gross Profit
₫4.7T
/
Revenue
₫8.8T
What is Vincom Retail JSC's current Gross Margin?

The current Gross Margin for Vincom Retail JSC is 53.5%, which is below its 3-year median of 53.9%.

How has Gross Margin changed over time?

Over the last 3 years, Vincom Retail JSC’s Gross Margin has increased from 51.8% to 53.5%. During this period, it reached a low of 51.8% on Dec 31, 2022 and a high of 55.4% on Mar 31, 2023.

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