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Bao Viet Holdings is a leading financial services company in Vietnam, with a market capitalization of over $1.5 billion.
The company has a diverse range of businesses, including life insurance, non-life insurance, and asset management.
Company Information
Bao Viet Holdings is a company with a rich history. It was established on December 17, 1964, with a charter capital of VND10 million.
The company's main business scope includes life insurance, non-life insurance, investment consulting, fund management, and securities investment. This diverse range of services allows Bao Viet Holdings to cater to a wide range of clients and provide comprehensive financial solutions.
Bao Viet Holdings was formed in 2008 through the consolidation of Bao Viet Insurance Corporation, Bao Viet Life Insurance Group, and Bao Viet Fund Management Company. This move marked a significant milestone in the company's history, enabling it to expand its services and reach a broader customer base.
In 2012, Sumitomo Life of Japan became a strategic partner of Bao Viet Holdings, acquiring an 18% stake in the company. This partnership was facilitated by the transfer of HSBC Insurance's stake in BVH, valued at USD 340 million (VND7 billion).
Here are some key dates related to Bao Viet Holdings' shareholder meetings and dividend payments:
- 12/26/2024: BVH Extraordinary General Meeting of Shareholders for 2024
- 11/19/2024: BVH Dividend payment in cash with 10.04% (Record date)
- 06/26/2024: BVH General Meeting of Shareholders for 2024
- 11/27/2023: BVH Dividend payment in cash with 9.54% for 2022 (Record date)
Financials
Bao Viet Holdings has a market capitalization of 38,006.93. This gives investors an idea of the company's size and value.
The current market activity is reflected in the remaining bid price of 51,400. This is a significant increase from the 52-week low of 37,600.
The average trading volume over the past 52 weeks is 617,309 shares. This is a substantial amount of trading activity, indicating a high level of interest in the company's stock.
The dividend yield is a mere 0.02, suggesting that investors are not currently being rewarded with significant dividend payments. In contrast, the company's earnings per share (EPS) is a substantial 2,809.
Financial Plan
The financial plan for BVH is a crucial aspect of their overall strategy. BVH's financial statements for Quarter 4.2024 are available, with a link provided on February 4, 2025.
BVH's Board of Directors (BOD) has been actively involved in shaping their financial plan. A BOD resolution dated January 14, 2025, was made public on January 17, 2025.
The financial plan includes real estate investments, which are a key component of BVH's strategy. Approving the transaction with related parties in 2025 was a significant decision made by BVH's BOD on January 13, 2025.
BVH's financial plan is regularly updated with new information. A BOD resolution dated January 8, 2025, was made public on January 10, 2025.
BVH's financial plan highlights their commitment to transparency and accountability. BVH's explanation for Quarter 4.2024 financial statements was provided on February 5, 2025.
Here's a summary of BVH's financial plan milestones:
Financials
The company's market performance is quite impressive, with a market cap of 38,006.93. This is a significant indicator of its overall value.
Let's take a look at some key financial metrics. The current 52-week high is 53,600, while the low is 37,600.
Here are some important financial metrics to consider:
The company's dividend yield is a relatively small 0.02, indicating that it may not be a primary source of income for investors.
2021 3Q Earnings: EPS 570 (Vs 606 in 3Q 2020)
The third quarter of 2021 brought a decline in earnings per share for BVH, with a reported EPS of ₫570, compared to ₫606 in the same quarter of 2020.
This marks a decrease in earnings, which may be a cause for concern for investors.
BVH's dividend payments have been steadily decreasing over the past 10 years, indicating a trend of shrinking returns for shareholders.
Trading History
Bao Viet Holdings has a trading history that's worth noting. The company's stock price has fluctuated over the past few days, with a high of 51,400 on February 4, 2025, and a low of 50,700 on February 3, 2025.
The average buy price of Bao Viet Holdings' stock has been around 1,400, with a high of 1,694 on January 24, 2025, and a low of 1,095 on February 6, 2025. This suggests that investors have been buying the stock at a relatively consistent price.
Here's a breakdown of the trading activity for Bao Viet Holdings over the past few days:
A Transaction Office
A transaction office of Bao Viet Holdings, like the one in the photo, is a hub of activity where deals get made and transactions take place.
The company's net revenue from insurance business in the third quarter was over VND10,048 billion ($404.13 million), marking an 11.8% increase from the same period last year.
Selling expenses grew by 12% in Q3, reaching VND603 billion ($39.69 million), while administrative expenses declined by 7.5% to VND987 billion ($39.69 million).
The corporation's after-tax profits in Q3 were VND408 billion ($16.41 million), a 13.8% drop from the same period last year.
By the end of Q3, the company's total assets were over VND190,853 billion ($7.68 billion), up 12.6% from the beginning of the year, with short-term financial investments accounting for 53% at more than VND100,317 billion ($4.03 billion).
Trading History
Trading History can be a valuable tool for traders, providing insights into market trends and patterns. It's essential to analyze the data to make informed decisions.
The table below shows the trading history for the dates provided, highlighting key statistics such as the closing price, change, and volume.
Analyzing the data, we can see that on February 4th, 2025, the closing price increased by 700, or 1.38%, to 51,400. This significant increase suggests a positive trend in the market.
Dividend and Shareholder Information
Bao Viet Holdings is a dividend-paying company with a current yield of 1.96%. This yield is well covered by earnings, which is a good sign for investors.
The company has a reasonably low payout ratio of 37%, indicating that its dividend payments are well covered by earnings. This is a key factor to consider when evaluating a company's dividend sustainability.
Bao Viet Holdings' dividend yield is not particularly notable compared to the bottom 25% of dividend payers in the VN market, which has a yield of 3.21%. However, it's lower compared to the top 25% of dividend payers in the VN market, which has a yield of 7.86%.
Here's a summary of the company's dividend information:
The company has a history of paying dividends, with the most recent payment being 10.04% of the share price in November 2024.
Sources
- https://finance.vietstock.vn/bvh-tap-doan-bao-viet.htm
- https://www.statista.com/statistics/1423848/bvh-total-consolidated-revenue/
- https://www.bvsc.com.vn/en/category/about/introduction/
- https://simplywall.st/stocks/vn/insurance/hose-bvh/bao-viet-holdings-shares/dividend
- https://theinvestor.vn/insurance-giant-bao-viet-earns-50-mln-profit-in-9-months-d2410.html
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