Business Information Service

Factsheet:

CONG TY CO PHAN PHONG PHU SAC VIET

Date of report:
Dec 31 2021

Table Of Contents
KEY INFORMATION ....................................................................................................................................... 2
OWNERSHIP STRUCTURE ........................................................................................................................... 3

MANAGEMENT INFORMATION ..................................................................................................................... 3

BRANCHES & SUBSIDIARIES ....................................................................................................................... 4

Z-SCORE ........................................................................................................................................................ 5
M – SCORE ..................................................................................................................................................... 5

FINANCIAL HIGHLIGHTS ............................................................................................................................... 6

FINANCIAL STATEMENTS ............................................................................................................................. 8

BALANCE SHEET .................................................................................................................................... 8

INCOME STATEMENT ............................................................................................................................ 9
CASH FLOW STATEMENT.................................................................................................................... 10
DISCLAIMER ................................................................................................................................................. 10

Headquarter Ho Chi Minh City Branch

Level 10, Peakview Tower, 36 Hoang Cau, Level 3, Profomilk Plaza Building, 51-53 Vo Van Tan,
Dong Da District, Hanoi, Vietnam Ward 6, District 3, Ho Chi Minh
T: +84 - 24 - 3562 6962 T: +84 - 28 - 3823 3485
E: support.fiingate@fiingroup.vn E: support.fiingate@fiingroup.vn
 FACTSHEET
CONG TY CO PHAN PHONG PHU SAC VIET

KEY INFORMATION
KEY FINANCIAL
Unit VND Million
FY: 2020

Total Assets Contributed Capital Net Debts Net Revenue Net Profit

257,634.65 1,200.00 103,991.16 278,379.94 (134,085.79)

+79.30% y-o-y - +0.48% y-o-y -8.87% y-o-y -1,640.34% y-o-y

CONG TY CO PHAN PHONG PHU SAC

Company Name
VIET
CÔNG TY CỔ PHẦN PHONG PHÚ SẮC
COMPANY RANK
FY: 2020
#34
VIỆT By Revenue

4th Floor, Block A, Viettel Building, No. 285 TOP COMPANIES

Unit VND Million
Registered Address Cach Mang Thang 8, Ward 12, District 10, FY: 2020
Ho Chi Minh City, Viet Nam
Company name Rank Revenue
Tax Code 0305709591 MMS COMMUNICATIONS
1 2,508,732.68
Business Registration VIETNAM COMPANY LIMITED
4103010358
No. DAT VIET MEDIA
2 1,616,874.08
Date of Registration May 21, 2008 CORPORATION

Legal Form Joint Stock Company TK-L MEDIA CORPORATION 3 1,310,963.27

Ownership Type Non-state Joint Stock Company DENTSU SERVICES

4 1,169,265.97
(VIETNAM) CO., LTD.
ICB: 2700 VCCORP CORPORATION 5 900,075.66
Industry Classification Advertising and market
FiinGroup Company/Bank Rankings are the performance tables that judge size
(Main) research of companies/banks which register to operate in Vietnam. We use typical
VSIC: 73 indicators to provide general comparisons.
Companies/Banks are basically grouped into registered industries, then ranked
by scale to suggest the position of the subject among its peers.
The result is for reference only.
ICB: 2791
Sector (Main) Advertising FINANCIAL SUMMARY
VSIC: 73100 Profit Margin (FY: 2020)

Listing Status Private Entity

Status Active
Charter Capital VND Million 1,200.00
Employees Size 210 (2020)
NGUYEN ESTHER (NGUYEN TRUC)
Nationality American Cash Flow Breakdown (FY: 2020)
Legal Representative
YOB 1976
ID No. -
CONTACT INFORMATION
Telephone +84 28 62921652
Fax 028 6292 1653
Website http://www.popsww.com
Email info@pops.com.vn

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 FACTSHEET
CONG TY CO PHAN PHONG PHU SAC VIET
OWNERSHIP STRUCTURE
Country/ Ownership Update 2.00%
Name
Nationality (%) Date
POPS WORLD WIDE Caymanian 98.00 09/2019
OTHERS - 2.00 12/2021
98.00%
Last updated on 23 Aug 2021

POPS WORLD WIDE OTHERS

MANAGEMENT INFORMATION
BOARD OF DIRECTOR

Name Year of Birth Nationality Position

NGUYEN ESTHER (NGUYEN TRUC) 1976 American Chairman of Management Board

BOARD OF MANAGEMENT

Name Year of Birth Nationality Position

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 FACTSHEET
CONG TY CO PHAN PHONG PHU SAC VIET
BRANCHES & SUBSIDIARIES
BRANCH(ES)
Name Tax Code Address

SUBSIDIARY(IES)
Name Address Ownership (%)

ASSOCIATE(S)
Name Address Ownership (%)

RELATED COMPANY(IES)
Co-legal
Name Co-directors Co-owners Status
representative
MEKONG TRADING CORPORATION 0 1 No Active
MEKONG HOME COMPANY LIMITED 0 1 No Terminated

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 FACTSHEET
CONG TY CO PHAN PHONG PHU SAC VIET
Z-SCORE
Altman Z-score is the output of a credit-strength test that predicts a company’s likelihood of bankruptcy. The Altman Z-score is based on five
financial ratios calculated from the data in the company’s financial statements.

Z-SCORE MODEL
ZScore in 03 years
2020 Z=6.56T1 + 3.26T2 + 6.72T3 + 1.05T4

2019 Z=6.56T1 + 3.26T2 + 6.72T3 + 1.05T4 2018

2018 Z=6.56T1 + 3.26T2 + 6.72T3 + 1.05T4 2019
CALCULATION 2020
2020 2019 2018
-12 -10 -8 -6 -4 -2 0
T1 (0.71) (0.38) (0.14)
T2 (0.84) (0.57) (0.63)
T3 (0.52) (0.05) (0.17)
T4 (0.45) (0.36) (0.38) "Safe" Zones - low default risk Z > 2.60
"Grey" Zones – medium default risk 1.10 <= Z <= 2.60
T5 - - - "Distress" Zones - high default risk Z < 1.10
ZScore (11.34) (5.12) (4.49)

M – SCORE
Beneish M-Score is a mathematical model that uses financial ratios and eight variables to identify whether a company has manipulated its
earnings. The variables are constructed from the data in the Company’s financial statement.

M-SCORE MODEL
MScore in 03 years
M = −4.84 + 0.92DSRI + 0.528GMI + 0.404AQI + 0.892SGI +
0.115DEPI − 0.172SGAI + 4.679TATA − 0.327LVGI
CALCULATION 2018
2020 2019 2018 2019
DSRI 12.14 0.46 0.50
2020
GMI 0.78 0.58 0.81
AQI 0.50 1.28 1.48 -4 -2 0 2 4 6 8
SGI 0.91 1.19 1.84
Not Manipulator M < -2.22
DEPI 0.58 5.81 0.59
Manipulator M > -2.22
SGAI 2.08 1.31 0.75
LVGI 1.17 0.96 1.04
TATA (0.29) (0.05) (0.16)
MScore 5.72 (2.65) (2.89)

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 FACTSHEET
CONG TY CO PHAN PHONG PHU SAC VIET
FINANCIAL HIGHLIGHTS

QUICK ANALYSIS

Status Be alert Neutral Good

REVENUE GROWTH
Revenue was fluctuated in the period 2018 - 2020
NET PROFIT GROWTH
The Company recorded lost in 03 consecutive years
NET PROFIT MARGIN
Net Profit Margin was negative in 02 lastest years
RETURN ON EQUITY (ROE)
The Company recorded lost and negative owner's equity in 2020
CASH FLOW QUALITY
Cash Flows from Operating Activities was positive in 02 lastest years
FREE CASH FLOW QUALITY
Free Cash Flow was negative in the lastest year
DEBT PRESSURE
Owner's Equity was negative in 03 consecutive years
OPERATIONAL EFFICIENCY
Current Ratio was lower than 1 in 2020 and 2019
ASSETS MANAGEMENT EFFICIENCY - DSO
Days Sales Oustanding in the lastest year increased by over 30 days
ASSETS MANAGEMENT EFFICIENCY - DPO
3-year Average of Days Payables Outstanding was lower than 90 days

FINANCIAL HIGHLIGHTS

Name Unit 2020 2019 2018

Financial Health Ratios
Cash Ratio Times 0.02 0.06 0.02
Quick Ratio Times 0.46 0.27 0.42
Current Ratio Times 0.50 0.52 0.80
Tangible Net Worth VND Million (272,121.06) (152,737.13) (113,816.09)
Gearing Ratio Times (0.52) (1.37) (1.51)
Total Debt/Total Assets Times 0.43 0.77 0.94
Long-term Debt/Equity Times (0.51) (1.36) (1.50)
Long-term Debt/Total Assets Times 0.43 0.76 0.93
Total Liabilities/ Equity Times (2.20) (2.78) (2.61)
Total Liabilities/Total Assets Times 1.83 1.56 1.62
Management Efficiency Ratios
ROA % (66.82) (5.90) (18.34)
ROCE % 351.65 (23.50) (42.95)
ROE % 90.67 10.02 30.77
Interest & Tax Burden Times 1.00 1.00 1.00
EBIT Margin % (24.44) 0.25 (5.58)
Assets Turnover Times 1.39 2.34 2.41
Equity Multiplier Times (1.20) (1.78) (1.61)
Days Sales Outstanding Days 98.04 21.03 34.08
Days of Inventory on Hands Days 39.39 47.82 50.35
Days Payable Outstanding Days 2.96 3.72 7.05
Cash Conversion Cycle Days 134.46 65.13 77.39

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CONG TY CO PHAN PHONG PHU SAC VIET

FINANCIAL HIGHLIGHTS

Free Cash Flow VND Million (305.45) 4,969.01 (831.14)

EBITDA VND Million - - -
EBIT VND Million (68,046.14) 749.22 (14,292.91)
Profitability Ratios
Gross Profit Margin % 40.20 31.27 18.05
EBITDA Margin % - - -
Operating Profit Margin % (25.28) 0.16 (6.54)
Pre-Tax Profit Margin % (48.17) (2.52) (7.60)
Net Profit Margin % (48.17) (2.52) (7.60)
Growth Ratios (yoy)
Sale Growth Rate % (8.87) 19.29 83.72
Gross Profit Growth Rate % 17.18 106.62 127.55
EBITDA Growth Rate % - - -
EBIT Growth Rate % (9,182.24) 105.24 39.57
Pre-tax Profit Growth Rate % (1,640.34) 60.43 32.50
Net Profit Growth Rate % (1,640.34) 60.43 32.50
Total Assets Growth Rate % 79.30 22.34 23.79
Equity Growth Rate % (166.24) (10.60) (36.37)

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 FACTSHEET
CONG TY CO PHAN PHONG PHU SAC VIET
FINANCIAL STATEMENTS
BALANCE SHEET
As at
FY 31/12/2020 31/12/2019 31/12/2018
Unit VND Million VND Million VND Million
Audit status Unaudited Unaudited Unaudited
Type Single Entity Single Entity Single Entity
Legal Regulation 200/2014/TT-BTC/LT 200/2014/TT-BTC/LT 200/2014/TT-BTC/LT
Source Tax Filing Tax Filing Tax Filing
A. CURRENT ASSETS 181,019.85 59,681.84 64,247.77
I. Cash and cash equivalents 6,779.38 6,883.83 1,914.82
Cash 6,779.38 6,883.83 1,914.82
II. Short-term financial investments 3,000.00 3,201.00 3,000.00
Held-to-maturity investments 3,000.00 3,201.00 3,000.00
III. Accounts receivable – short-term 158,611.00 20,665.44 29,009.24
Trade receivables 137,146.33 12,393.30 22,804.29
Prepayments to suppliers 20,681.74 7,647.31 4,939.29
Other receivables 782.93 624.83 1,265.67
IV. Inventories 9,954.83 25,970.78 29,044.60
Inventories 9,954.83 25,970.78 29,044.60
V. Other current assets 2,674.65 2,960.79 1,279.11
Short-term prepaid expenses 2,674.65 832.84 870.46
Deductible value added tax - - 408.65
Taxes and others receivable from State Treasury - 2,127.96 -
B. NON-CURRENT ASSETS 76,614.80 84,005.06 53,199.09
I. Accounts receivable – long-term 4,871.64 1,865.64 2,221.93
Other long-term receivables 4,871.64 1,865.64 2,221.93
II. Fixed assets 59,299.36 73,002.54 40,826.09
Tangible fixed assets 2,179.33 1,018.87 21.15
- Cost 3,334.22 1,513.25 357.76
- Accumulated depreciation (1,154.89) (494.38) (336.61)
Finance leases - - -
Intangible fixed assets 57,120.03 71,983.67 40,804.93
- Cost 69,708.68 84,302.26 46,176.51
- Accumulated depreciation (12,588.65) (12,318.59) (5,371.58)
III. Investment properties - - -
IV. Long term assets in progress - - -
V. Long-term investments - - -
VI. Other long-term assets 12,443.80 9,136.89 10,151.07
Long-term prepaid expenses 12,443.80 9,136.89 10,151.07
TOTAL ASSETS 257,634.65 143,686.90 117,446.85
C. LIABILITIES 472,635.68 224,440.37 190,458.01
I. Current liabilities 362,691.89 114,890.08 80,680.16
Short-term trade payables 261.18 2,441.59 1,838.33
Short-term advances from customers 297,883.55 44,773.62 14,098.14
Statutory obligations 4,600.85 2,467.97 8,873.16
Payables to employees 7,182.49 5,099.73 3,238.45
Short-term accrued expenses 48,625.93 56,489.68 50,115.67
Other ST payables 3,311.14 2,790.75 1,689.66
Short-term loan and finance lease obligations 826.75 826.75 826.75
II. Non-current liabilities 109,943.79 109,550.29 109,777.86
Long-term loans and finance lease obligations 109,943.79 109,550.29 109,777.86
D. OWNERS’ EQUITY (215,001.03) (80,753.46) (73,011.16)
I. Equity (215,001.03) (80,753.46) (73,011.16)
Contributed capital 1,200.00 1,200.00 1,200.00
- Ordinary shares 1,200.00 1,200.00 1,200.00
Retained earnings (216,201.03) (81,953.46) (74,211.16)
- Retained earnings accumulated to prior year- (82,115.24) (74,248.89) (54,738.43)
end
- Retained earnings of this period (134,085.79) (7,704.57) (19,472.72)
II. Non-business expenditure fund and other funds - - -
TOTAL RESOURCES 257,634.65 143,686.90 117,446.85

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 FACTSHEET
CONG TY CO PHAN PHONG PHU SAC VIET

INCOME STATEMENT
For the year ended
FY 31/12/2020 31/12/2019 31/12/2018
Unit VND Million VND Million VND Million
Audit status Unaudited Unaudited Unaudited
Type Single Entity Single Entity Single Entity
Legal Regulation 200/2014/TT-BTC/LT 200/2014/TT-BTC/LT 200/2014/TT-BTC/LT
Source Tax Filing Tax Filing Tax Filing
Revenue from sales of goods and provision of services 278,379.94 305,476.96 256,080.65
Revenue deductions - - -
Net revenue 278,379.94 305,476.96 256,080.65
Cost of sales 166,467.36 209,969.51 209,855.92
Gross profit/(loss) 111,912.58 95,507.45 46,224.73
Financial income 215.69 555.69 606.41
Financial expenses 2,534.28 822.51 3,058.67
- In which: Interest expense - - -
Share of profit/(loss) in associates and jointly controlled - - -
entities
Selling expenses 90,061.41 52,378.06 31,415.78
General and administration expenses 89,897.30 42,380.17 29,101.86
Net operating profit/(loss) (70,364.73) 482.40 (16,745.17)
Other income 108.09 263.96 11.40
Other expenses 63,829.15 8,450.94 2,738.96
Results of other activities (63,721.06) (8,186.97) (2,727.56)
Accounting profit/(loss) before tax (134,085.79) (7,704.57) (19,472.72)
Income tax expense – current - - -
Income tax expense/(benefit) – deferred - - -
Net profit/(loss) after tax (134,085.79) (7,704.57) (19,472.72)
Attributable to equity holders of the Company - - -
Attributable to non-controlling interest - - -
Basic earnings per share - - -
Diluted earnings per share - - -

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 FACTSHEET
CONG TY CO PHAN PHONG PHU SAC VIET

CASH FLOW STATEMENT

For the year ended
FY 31/12/2020 31/12/2019 31/12/2018
Unit VND Million VND Million VND Million
Audit status Unaudited Unaudited Unaudited
Type Single Entity Single Entity Single Entity
Legal Regulation 200/2014/TT-BTC/LT 200/2014/TT-BTC/LT 200/2014/TT-BTC/LT
Source Tax Filing Tax Filing Tax Filing
Method Direct Direct Direct
Proceeds from sales and services rendered and other 426,610.38 363,627.07 286,166.19
revenues
Expenditures paid to suppliers (182,511.20) (101,297.42) (72,571.95)
Expenditures paid to employees (78,406.44) (53,564.17) (34,443.25)
Corporate income tax paid (157.39) - (165.10)
Other cash inflows from operating activities 7,553.74 6,168.00 3,764.93
Other cash outflows from operating activities (168,456.05) (207,206.99) (180,178.60)
Net cash flow from (used in) operating activities 4,633.04 7,726.49 2,572.22
Purchases of fixed assets and other non- current assets (4,938.49) (2,757.48) (3,403.37)
Loans granted, purchases of debt instruments (3,000.00) - (6,000.00)
Collection of loans, proceeds from sales of debts instruments 3,201.00 - 4,212.88
Net cash flow from (used in) investing activities (4,737.49) (2,757.48) (5,190.49)
Net increase/(decrease) in cash and cash equivalents (104.45) 4,969.01 (2,618.26)
Cash and cash equivalents at the beginning of the period 6,883.83 1,914.82 4,520.86
Cash and cash equivalents at the end of the period 6,779.38 6,883.83 1,902.60

---End of Report on CONG TY CO PHAN PHONG PHU SAC VIET---

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***Disclaimer***

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