PAN

HOSEAgriculture

PAN Joint Stock Company Group

Original Name: Công ty Cổ phần Tập đoàn PAN

Reference Price32.750 ₫

Interactive Stock Chart

Exchange Ticker: HOSE:PAN

Listing Information

Exchange MarketHOSE

Live SectorAgriculture & Fisheries

First Trading Date22/12/2006

First Close Price-

Capital Structure

Charter Capital2,163.59 Billion VND

Listed Shares216,294,580

Outstanding Shares208,894,750

Treasury Shares-

Professional Advisors & Auditors

Independent Auditing History

Fiscal Year	Auditing Organization
2025	Deloitte Vietnam Co., Ltd.
2024	Deloitte Vietnam Co., Ltd.
2023	EY Vietnam Co., Ltd.
2022	EY Vietnam Co., Ltd.
2021	EY Vietnam Co., Ltd.
2020	EY Vietnam Co., Ltd.
2020	EY Vietnam Co., Ltd.
2019	EY Vietnam Co., Ltd.

IPO & Listing Consultant

Securities SSI JSCListing Ticker Symbol: SSI

Detailed Corporate Timeline & Sectors

Establishment History:

Cong The PAN Group Joint Stock Company (The PAN Group), formerly known as Xuyen Thai Binh Joint Stock Company, operates in the field of agriculture and food. The company was established in 1998 and started its business with utility services, including industrial cleaning services, comprehensive management support services, and providing cleaning equipment and chemicals through 02 subsidiaries, PAN Pacific Service Company (PAN Service) and PAN Pacific Trading Company (PAN Trading).

Year In 2013, PAN announced its investment strategy in the Agriculture and Food sector with the vision of becoming a leading corporation in the region. With the aspiration to bring agriculture and food to speak the same language under the same roof, The PAN Group sets out on a mission to develop and enhance the position of Vietnamese agriculture by providing high quality, traceable products in a complete value chain.

Currently, PAN owns leading companies in the field of agriculture and food through two platforms PAN Farm (including Vinaseed, PAN-HULIC, VFC) and PAN Food (including Bibica, Lafooco, Aquatex Ben Tre, 584 Nha Trang, Golden Beans). In addition, PAN Consumer Goods Distribution Joint Stock Company (PAN CG) was born as a puzzle piece to help complete the Group's Farm-Food-Family value chain. PAN's existing major shareholders include domestic investors: NDH Invest, SSI, CSC Vietnam and foreign investors: TAEL Two Partners, IFC, GIC, PYN.

Business Sectors:

Mixed crop and livestock farming (Not operating at headquarters)
Cultivation service activities
Livestock service activities
Post-harvest service activities
Market research and public opinion polls. Details: Market research services (CPC 864, except CPC 86402)

Address: 81B, National Highway 62, Long An Ward, Tay Ninh Province

Phone: 84-(8) 384 068 68 - Fax: 84-(8) 251 4 67 21

Disclosure Officer:

Email: [email protected]

Website: https://thepangroup.vn/gioi-thieu.htm

Ratio / Financial Indicator	2022	2023	2024	2025
Earnings Per Share (EPS)	₫3,802	₫3,912	₫5,587	₫5,577
Price-to-Earnings (P/E)	8.61x	8.37x	5.86x	5.87x
Book Value Per Share (BVPS)	₫37,715	₫39,941	₫42,411	₫43,454
Price-to-Book (P/B)	0.87x	0.82x	0.77x	0.75x
Return on Equity (ROE)	10.08%	9.79%	13.17%	12.83%
Return on Assets (ROA)	4.94%	4.05%	4.90%	7.47%
Net Profit Margin	5.82%	6.19%	7.21%	6.62%
Debt-to-Equity Ratio	1.04	1.42	1.69	0.72
Current Ratio	1.29	1.31	1.27	1.80

Audited Financial Statements

Source: KB Securities (KBS) Datafeed • Updated dynamically

Show absolute values (VND)

Doanh thu thuần về bán hàng và cung cấp dịch vụNet revenue

+28.8% YoY

Lợi nhuận sau thuế thu nhập doanh nghiệpNet profit after tax

+46.7% YoY

TỔNG CỘNG TÀI SẢNTOTAL ASSETS

-3.0% YoY

Financial Indicator (VND)	2025	2024	2023	2022
1. Doanh thu bán hàng và cung cấp dịch vụ 1. Revenue	18,010,170,014,000	16,757,498,727,000	13,716,602,098,000	14,094,610,979,000
2. Các khoản giảm trừ doanh thu2. Deduction from revenue	423,949,311,000	575,866,314,000	512,005,412,000	439,507,989,000
3. Doanh thu thuần về bán hàng và cung cấp dịch vụ3. Net revenue	17,586,220,703,000	16,181,632,413,000	13,204,596,687,000	13,655,102,990,000
4. Giá vốn hàng bán 4. Cost of goods sold	14,046,304,042,000	12,799,997,631,000	10,544,753,393,000	10,918,623,215,000
5. Lợi nhuận gộp về bán hàng và cung cấp dịch vụ5. Gross profit	3,539,916,661,000	3,381,634,782,000	2,659,843,294,000	2,736,479,774,000
6. Lãi/Lỗ của hoạt động bán, thanh lý bất động sản đầu tư6. Gain/(Loss) on disposal of investment property	-	-	-	-
7. Doanh thu hoạt động tài chính 7. Financial income	625,823,000,000	601,520,023,000	577,845,967,000	316,812,459,000
8. Chi phí tài chính 8. Financial expenses	541,380,079,000	561,547,865,000	576,022,184,000	361,667,096,000
Trong đó: Chi phí đi vay Of which: Interest expense	404,124,740,000	353,993,462,000	456,474,137,000	242,407,268,000
8. Phần lãi/lỗ trong công ty liên doanh, liên kết8. Share of associates and joint ventures' result	-	152,324,864,000	10,748,903,000	8,812,468,000
9. Chi phí bán hàng 9. Selling expenses	1,571,271,271,000	1,501,575,485,000	1,061,117,016,000	1,216,075,906,000
10. Chi phí quản lý doanh nghiệp 10. General and administrative expenses	689,289,930,000	718,077,265,000	659,230,459,000	650,246,965,000
11. Lợi nhuận thuần từ hoạt động kinh doanh11. Operating profit	1,363,798,381,000	1,354,279,053,000	952,068,504,000	834,114,734,000
12. Thu nhập khác 12. Other income	27,471,467,000	14,595,981,000	21,486,041,000	115,789,438,000
13. Chi phí khác 13. Other expenses	27,285,017,000	15,697,254,000	17,543,091,000	17,546,196,000
14. Lợi nhuận khác14. Other profit	186,451,000	-1,101,273,000	3,942,950,000	98,243,242,000
Phần lợi nhuận/lỗ từ công ty liên kết liên doanhShare of associates and joint ventures' result	-	-	-	-
15. Tổng lợi nhuận kế toán trước thuế15. Profit before tax	1,363,984,832,000	1,353,177,781,000	956,011,454,000	932,357,976,000
16. Chi phí thuế TNDN hiện hành16. Current corporate income tax expenses	228,408,694,000	194,537,404,000	159,066,811,000	168,116,705,000
17. Chi phí thuế TNDN hoãn lại 17. Deferred income tax expenses (*)	-29,455,644,000	-8,427,730,000	-20,172,693,000	-30,061,007,000
18. Lợi nhuận sau thuế thu nhập doanh nghiệp18. Net profit after tax	1,165,031,781,000	1,167,068,107,000	817,117,336,000	794,302,277,000
Lợi ích của cổ đông thiểu sốMinority Interest	492,366,805,000	558,179,029,000	411,195,866,000	420,333,744,000
Lợi nhuận sau thuế của cổ đông của Công ty mẹProfit after tax for shareholders of parent company	672,664,976,000	608,889,078,000	405,921,470,000	373,968,533,000
19. Lãi cơ bản trên cổ phiếu (VNÐ)19. Earnings per share (VND)	3,067	2,704	1,943	1,790
20. Lãi suy giảm trên cổ phiếu (*)20. Diluted earnings per share	-	-	2,000	2,000

Data Source & Disclaimer

Data Source: Financial statement data is automatically aggregated from official disclosure feeds of listed companies through the analysis system of KB Securities Vietnam JSC (KB Securities).

Disclaimer: All financial data displayed on this website is provided for general reference purposes only. We make every effort to update accurate data but do not provide any warranty regarding its completeness or absolute reliability. The displayed figures do not constitute investment advice or an offer to trade securities. Users assume all risks and responsibilities for any financial decisions made based on the data on this website.

PAN

PAN Joint Stock Company Group

Interactive Stock Chart

Listing Information

Capital Structure

Professional Advisors & Auditors

Independent Auditing History

IPO & Listing Consultant

Detailed Corporate Timeline & Sectors

Key Financial Ratios (2025)

Historical Financial Metrics (YoY)

Financial Ratios Reference & Interpretation Guide

Audited Financial Statements

PAN — Financial Data Summary (2022–2025)

Executive Summary

Operating Performance & Profitability

Asset Structure & Financial Leverage

Cash Flow Quality