Hai Phat Invest – Brand mark crystallized from experience

With big profits, prestigious brands, clear development strategies and abundant land, HPX of Hai Phat Investment JSC (Hai Phat Invest) is expected to become a hot stock on HOSE next time after officially having the first trading session on the coming 24/7.

Overall perspective of Roman Plaza Project

From a solid financial foundation

Accordingly, 150 million shares HPX of Hai Phat Invest traded at the reference price in the first trading day is 26,800 VND/ share, with the price fluctuation range on the first trading day is +/- 20%. With this price, HPX capitalization reaches more than 4,000 billion VND.

Compared to the initial price offered by the consultancy organizations, as well as the actual value of the shares, basing on the financial data, the price level selected by Hai Phat Invest’s Board of Directors for the session HPX’s first floor offering was clearly lower. However, this is in line with the general market movement, as well as being suitable to bring more opportunities for investors, when stock prices are rumored to rise sharply after listing by many factors. .

In there, the first and most important factor is the stable financial foundation of Hai Phat Invest. As of the end of quarter 1/2018, Hai Phat Invest has a total assets of over 6,500 billion VND, with liabilities accounting for only 31% of the total capital, while the ratios of solvency and profitability, ROA and ROE remained at a relatively high level, not only compared to Hai Phat itself in recent years but also compared to the overall rate.

In addition, Hai Phat Invest’s business revenue also grows steadily over the years, with the revenue structure of real estate accounting for over 90% of total revenue over the years, reflecting the business strategy orientation that Hai Phat Invest orientating with its main business field is to invest in real estate business.

In the period 2016-2017, Hai Phat Invest’s after-tax profit achieved a double growth of 196%, from 166 billionVND  at the end of 2016 to more than 325.1 billion VND, of which average ROE of this period also reached the middle level, up to nearly 18%.

Analysis of market members showed that Hai Phat Invest had a stable growth in addition to taking advantage of strong market recovery opportunities, in recent years, Hai Phat Invest has focused on restructuring, shaping and creating a good foundation. Pursuing the true value strategy for customers, Hai Phat Invest has brought to the market with high quality products, good prices, optimal designs and especially always guaranteed progress and legal.

Along with a strong brand that is covered, with a professional distribution and sales system that has been affirmed in the market, the projects launched are quickly received by customers, and bring about optimal efficiency about revenue and profit of Hai Phat Invest.

To the appropriate development orientation

The year of 2018 is the year accelerated by Hai Phat Invest after Hai Phat Invest officially became a public company and listed on HOSE. In the period of 2013 – 2017, it is the period of restructuring, stabilizing financial internal resources, shaping key areas, creating competitive advantages, then the years of 2018 – 2022 is a period of breakthrough and reaching to become the leading real estate development, not only in the North but also across the country.

Hai Phat Invest currently holds nearly 400 hectares – a clean land fund, of which 158 land areas were built in the previous period, the rest is at the end of this year, after Hai Phat Invest has completed some projects key project on infrastructure. A special feature of these projects is that they are large-scale, prime locations located in many different provinces such as Hanoi, Nha Trang, Da Nang, Hoi An, Binh Thuan, Nam Dinh, Bac Ninh, Thai Binh …

However, according to Mr. Doan Hoa Thuan, Deputy General Director of Hai Phat Invest shared, not stopping there, the long-term plan that Hai Phat Invest aims to expand investment strategy into the industrial and resort  real estate segment. Accordingly, for the next 5 years’s target, Hai Phat Invest will accumulate land fund stretching from North to South with an area of about 10,000ha with reasonable cost and located in prime locations through various forms such as cooperating with company partner, auction, bidding, project implementation …

In the immediate future, BT projects can bring about 250 hectares, while projects of complex coastal areas such as houses, tourism services, industry … each project’s scale is 3,000-7,000 hectares. Hai Phat will negotiate to become the investor of BT project in the southern axis with a reciprocal fund of nearly 200 ha, namely My Hung – Thanh Ha project in phase 2. It is known that My Hung urban area project has a total level of invest 17,075 billion VND, implementation time in the period of 2018-2022 and recognize revenue from 2021.

In addition, Hai Phat Invest is also cooperating with a partner to implement the 198 hectares Ham Tien project (Binh Thuan) with a total investment of 9,831 billion VND, the completion time from 2018-2024 and start to recognize the business. revenue from 2020 with 1,800 billion VND. Also in this year, Hai Phat Invest plans to implement the Thuan Phuoc S.E.A project with a scale of 1.16ha, total investment of 3,000 billion VND in Da Nang. Next is the condotel TM1 Con Tan Lap project in Nha Trang with a total investment of 3,945 billion VND, which is also expected to be deloyed in the late 2018 period.

In the field of industrial real estate, there are basically potential customers in the project in Nam Dinh. With the aim of encroaching on more of the resort and industrial real estate segment, in the period of 2018-2019, Hai Phat’s revenue is mainly from on-going projects and land plots, beside deloying some important projects for 2019-2020. And from 2020 onwards, the revenue will come from industrial and resorts real estate, plus traditional projects.

In there, only in 2018, Hai Phat planned revenue of  3,200 billion VND and after-tax profit of 450 billion VND. According to Hai Phat’s Board of Directors, in the first 6 months, the company expects to achieve 180 billion VND in profit after tax, but the profit dropping point will be in the fourth quarter, so the whole year after tax profit, 450 billion VND, definely achieved.

(According to CafeF at the link: http://cafef.vn/hai-phat-invest-dau-an-thuong-hieu-ket-tinh-tu-kinh-nghiem-20180720174638808.chn)