{"id":17852,"date":"2023-02-28T08:50:26","date_gmt":"2023-02-28T01:50:26","guid":{"rendered":"https:\/\/gtjai.com.vn\/?post_type=research&p=17852"},"modified":"2023-02-28T08:50:26","modified_gmt":"2023-02-28T01:50:26","slug":"vea-equity-report_2022-financial-result-update","status":"publish","type":"research","link":"https:\/\/gtjai.com.vn\/en\/research\/vea-equity-report_2022-financial-result-update\/","title":{"rendered":"VEA Equity Report_2022 Financial result update"},"content":{"rendered":"

\u2022 VEA announced Q4\/2022 financial results that are quite close to our estimation: Net profit increased strongly by 33.8% YoY to VN\u0110 2,512 billion \u2013 a record quarterly profit. For the whole year of 2022, VEA’s net revenue and net profit reached VN\u0110 4,748 billion (+18.1% YoY) and VN\u0110 7,602 billion (+32.2% yoy) respectively.<\/span>
\n\u2022 Car and motorbike output exceeded our forecast. VEA’s profit from joint ventures in Q4\/2022 increased sharply by 38.6% YoY, reaching VN\u0110 2,369 billion. This good result was achieved by a strong recovery in car and motorcycle consumption.<\/span>
\n\u2022 Automobile sale: Total sales from 3 joint ventures of VEA (Toyota, Honda and Ford) in Q4\/2022 reached 45,908 vehicles, equivalent to the same period.<\/span>
\n\u2022 Motorcycle sale: Honda’s motorcycle sales in Q4 reached 715,118 units, up 14.6% YoY thanks to improved supply and customer demand. We recommend Buy<\/strong> for VEA stock. Our target price is VN\u011057,300\/share. <\/strong><\/span><\/p>\n","protected":false},"author":12,"featured_media":0,"template":"","cate_research":[80],"specialized":[],"class_list":["post-17852","research","type-research","status-publish","hentry","cate_research-bao-cao-doanh-nghiep-en"],"yoast_head":"VEA Equity Report_2022 Financial result update - GTJA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gtjai.com.vn\/en\/research\/vea-equity-report_2022-financial-result-update\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VEA Equity Report_2022 Financial result update - GTJA\" \/>\n<meta property=\"og:description\" content=\"\u2022 VEA announced Q4\/2022 financial results that are quite close to our estimation: Net profit increased strongly by 33.8% YoY to VN\u0110 2,512 billion \u2013 a record quarterly profit. For the whole year of 2022, VEA’s net revenue and net profit reached VN\u0110 4,748 billion (+18.1% YoY) and VN\u0110 7,602 billion (+32.2% yoy) respectively. \u2022 […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gtjai.com.vn\/en\/research\/vea-equity-report_2022-financial-result-update\/\" \/>\n<meta property=\"og:site_name\" content=\"GTJA\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/gtjai.com.vn\/#website\",\"url\":\"https:\/\/gtjai.com.vn\/\",\"name\":\"GTJA\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/gtjai.com.vn\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/gtjai.com.vn\/en\/research\/vea-equity-report_2022-financial-result-update\/#webpage\",\"url\":\"https:\/\/gtjai.com.vn\/en\/research\/vea-equity-report_2022-financial-result-update\/\",\"name\":\"VEA Equity Report_2022 Financial result update - GTJA\",\"isPartOf\":{\"@id\":\"https:\/\/gtjai.com.vn\/#website\"},\"datePublished\":\"2023-02-28T01:50:26+00:00\",\"dateModified\":\"2023-02-28T01:50:26+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/gtjai.com.vn\/en\/research\/vea-equity-report_2022-financial-result-update\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/gtjai.com.vn\/en\/research\/vea-equity-report_2022-financial-result-update\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/gtjai.com.vn\/en\/research\/vea-equity-report_2022-financial-result-update\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/gtjai.com.vn\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"VEA Equity Report_2022 Financial result update\"}]}]}<\/script>","yoast_head_json":{"title":"VEA Equity Report_2022 Financial result update - GTJA","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/gtjai.com.vn\/en\/research\/vea-equity-report_2022-financial-result-update\/","og_locale":"en_US","og_type":"article","og_title":"VEA Equity Report_2022 Financial result update - GTJA","og_description":"\u2022 VEA announced Q4\/2022 financial results that are quite close to our estimation: Net profit increased strongly by 33.8% YoY to VN\u0110 2,512 billion \u2013 a record quarterly profit. For the whole year of 2022, VEA’s net revenue and net profit reached VN\u0110 4,748 billion (+18.1% YoY) and VN\u0110 7,602 billion (+32.2% yoy) respectively. \u2022 […]","og_url":"https:\/\/gtjai.com.vn\/en\/research\/vea-equity-report_2022-financial-result-update\/","og_site_name":"GTJA","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/gtjai.com.vn\/#website","url":"https:\/\/gtjai.com.vn\/","name":"GTJA","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/gtjai.com.vn\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/gtjai.com.vn\/en\/research\/vea-equity-report_2022-financial-result-update\/#webpage","url":"https:\/\/gtjai.com.vn\/en\/research\/vea-equity-report_2022-financial-result-update\/","name":"VEA Equity Report_2022 Financial result update - GTJA","isPartOf":{"@id":"https:\/\/gtjai.com.vn\/#website"},"datePublished":"2023-02-28T01:50:26+00:00","dateModified":"2023-02-28T01:50:26+00:00","breadcrumb":{"@id":"https:\/\/gtjai.com.vn\/en\/research\/vea-equity-report_2022-financial-result-update\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/gtjai.com.vn\/en\/research\/vea-equity-report_2022-financial-result-update\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/gtjai.com.vn\/en\/research\/vea-equity-report_2022-financial-result-update\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/gtjai.com.vn\/en\/"},{"@type":"ListItem","position":2,"name":"VEA Equity Report_2022 Financial result update"}]}]}},"_links":{"self":[{"href":"https:\/\/gtjai.com.vn\/en\/wp-json\/wp\/v2\/research\/17852\/"}],"collection":[{"href":"https:\/\/gtjai.com.vn\/en\/wp-json\/wp\/v2\/research\/"}],"about":[{"href":"https:\/\/gtjai.com.vn\/en\/wp-json\/wp\/v2\/types\/research\/"}],"author":[{"embeddable":true,"href":"https:\/\/gtjai.com.vn\/en\/wp-json\/wp\/v2\/users\/12\/"}],"wp:attachment":[{"href":"https:\/\/gtjai.com.vn\/en\/wp-json\/wp\/v2\/media\/?parent=17852"}],"wp:term":[{"taxonomy":"cate_research","embeddable":true,"href":"https:\/\/gtjai.com.vn\/en\/wp-json\/wp\/v2\/cate_research\/?post=17852"},{"taxonomy":"specialized","embeddable":true,"href":"https:\/\/gtjai.com.vn\/en\/wp-json\/wp\/v2\/specialized\/?post=17852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}