VINSCHOOL JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN VINSCHOOL), tax code 0106156871, is a private education company operating under the umbrella of Vingroup, one of Vietnam’s most prominent conglomerates. Registered on April 17, 2013, the company is headquartered at No. 7, Bang Lang 1 Street, Vinhomes Riverside Urban Area, Viet Hung Ward, Long Bien District, Hanoi, and also maintains branches in Ho Chi Minh City and Hai Phong, serving a wide national student base.
Vinschool operates a comprehensive inter-level education system that spans from preschool to high school, and also engages in a range of educational and support services, including cultural, sports, and creative training. As of 2023, the company employed 1,185 staff and has grown into one of Vietnam’s largest private education providers.
The company’s financial growth over the past three years has been extraordinary. In 2023, total assets more than doubled to USD 336.51 million, marking a 105.72% year-over-year increase. Meanwhile, sales reached USD 190.42 million, up 38.1%, and net profit surged by 117.4% to USD 42.01 million. These figures indicate both expanding capacity and improved profitability across its educational services.
VINSCHOOL JOINT STOCK COMPANY also reported a significant increase in owner’s equity, rising to USD 98.69 million—a 146.84% increase from 2022. This indicates strong reinvestment and retained earnings, further reflected in its net worth of USD 96.57 million. However, it is important to note that working capital remains negative at USD -110.56 million, which may point to short-term liquidity pressure, particularly in balancing operational expansion with receivables or debt obligations.
The company's charter capital is USD 4.1 million, while its paid-up capital stands at USD 20.8 million, suggesting ongoing capital injections to support growth. Leadership is under General Director Ms. PHAN HA THUY, and the dominant shareholder is VINGROUP JOINT STOCK COMPANY, holding a 61.43% stake.
In summary, VINSCHOOL JOINT STOCK COMPANY stands out as a rapidly growing, highly profitable educational enterprise. However, despite robust financial gains, its negative working capital warrants attention for those assessing the company’s short-term financial resilience. With strong brand backing and aggressive expansion, Vinschool is poised for continued leadership in Vietnam’s private education sector.
16.01%
32.43%
905
0.0312%
Assets | 25.51% |
Owner’s Equity | -64.13% |
Working Capital | 16.63% |
Net Worth | 5.42% |
Sales | -16.48% |
Operating income | -15.83% |
EBIT | 69.19% |
Gross Profit Margin | 33.99% |
Debt to EBITDA | -82.51% |
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