i hi ng c ng thng nin

Phn trnh by ca Tng Gim c

Ngy 25 thng 4 nm 2011

Nu ti l mt ngi nghim tc, l ra ti c mt cng vic thc s. Harrison Ford

Tm nhn dn u trong 3 nm sp ti

GDP ca Vit Nam v dng tin 500 triu USD

5%

V th dn u mi ngnh

30% #1
Li nhun hng nm cho c ng

S la chn hng u Vit Nam dnh cho cc ti nng

#1

A: Vit Nam Hm Nay Trong Tm Vc Mai Sau Q: Chin lc v tm nhn no t c iu ny?

V tr ny mang tnh bt i xng.

Louis Pasteur

Mi ngi u nhn ra cu chuyn tiu dng qu r rng ca Vit Nam

Tiu dng bnh qun u ngi 2010 cho thc phm v gii kht ng gi USD mi nm

GDP qun u ngi 2010 Ngn USD (Ngang gi sc mua)

Ngun: Euromonitor; Global Financial Stock database; USGS; BGR Coal; Austrade; Vinacomin; Lit search

Nhng khu vc kinh t t nhn qu phn mnh

2,9%
Quy m trung bnh ca 20 cng ty t nhn hng u theo % GDP 2010

2,2% 1,5%

2,2%

0,5%

Vit Nam

Indonesia

Philippines

Thi Lan

Ngun: EIU; Euromonitor; Global Insight; MGI; WDI; Bloomberg; CSDL Trin vng Kinh t Th gii IMF; Phn tch ni b

Th trng vn cha pht trin

Quy m trung bnh ca 20 cng ty nim yt (triu USD)

33.367

9.643 5.221
1.081
Vit Nam Philippines Thi Lan

11.565

Indonesia

Ngun: EIU; Euromonitor; Global Insight; MGI; WDI; Bloomberg; CSDL Trin vng Kinh t Th gii IMF; Phn tch ni b

V mc cnh tranh qu cao

Doanh thu thun Li nhun trc thu T sut li nhun trc thu trung bnh = 5,2%

5,8%

Doanh nghip nh nc Khu vc kinh t t nhn ni a Doanh nghip nc ngoi/ Lin doanh

1,2%
12,2%

Ngun: EIU; Euromonitor; Global Insight; MGI; WDI; Bloomberg; CSDL Trin vng Kinh t Th gii IMF; Phn tch ni b

A: Khu vc Kinh t t nhn cn mt ngi hp nht. Q: Masan c th xy dng mt ngi hp nht bng cch no?

Hy thay i trc khi bn b p buc.

Jack Welch

Ch la chn nhng ngnh c quy m ln m mt cng ty t nhn ni a c th duy tr s dn u

Nhng cng ty t nhn ni a ln nht nhng nn kinh t pht trin chu l nhng cng ty c mc vn ha th trng hng t -la

Hng tiu dng

3,0 t USD

Dch v Ti chnh
28,3 t USD

Ti nguyn
9,0 t USD

14,5 t USD

56,1 t USD

16,2 t USD

5,5 t USD

21,0 t USD

8,2 t USD

Ngun: Bloomberg

Hot ng hp hn nhng su hn
Cc sn phm ch cht chim hn 70% th phn

Tc tng trng ATM v mng li chi nhnh nhanh nht, S 1 v ROAE

Mt trong nhng m vonfram ln nht th gii nm ngoi Trung Quc

Trn tm Vit Nam l cha , chng ta phi t Tiu chun quc t

Qun l Chuyn nghip

Qun l Ri ro

Chin lc

i tc Uy tn

Nn tng Vn hnh

Qun tr Doanh nghip

Cng c

Cng c t l s hu trong cc doanh nghip hin hu

Cng c lnh vc hot ng trong cc doanh nghip hin hu

Cng c khu vc kinh t t nhn Vit Nam bng nhng ngnh mi

Phng cch Masan

Tm kim ti nng gii nht cho mi cng vic v hp tc thc thi

Qun l ri ro & Phn b ngun vn

Tip cn & Thc thi a phng Nhng nh vn hnh chuyn nghip

A: Xy dng nhng nn tng vn hnh tt nht.

Q: Nhng lm cch no chng ta tn ti c trong mi trng v m bt n?

Bn vn phi n khi ang m c.

Jack Welch

Cc doanh nghip phi pht trin v to ra li nhun

77%
Tng trng doanh thu 2006-2010, S 1 VN

69% 43%
T sut li nhun gp 2010, S 1 VN Tc tng trng li nhun thun 2006-2010, Hng u khu vc

25%
Thu nhp trn vn ch s hu trung bnh, S 1 VN

Quan h i tc vi nhng ngun vn khng l kh nng tip cn vn

Phn b ngun vn cht ch

K t 2009
Tin mt huy ng (triu USD)
Tng lng tin huy ng ~555

Tin mt chi (triu USD)

Tng t l s hu trong cc cng ty hin hu v gim n vay ~212

Lng tin do ni b to ra

~138

Cc cam kt ti tr cho d n Ni Pho

Chi ph ti sn c nh ca Masan Consumer Khon tr n theo k hoch ca Masan Consumer

~130

~57

~49 ~448

~693

Lng tin mt cho hot ng mua bn v sp nhp cng ty v hot ng u t: 245 triu USD

A: Kim tin l iu quan trng, nhng tit kim cn quan trng hn. Q: Nhng liu Trn tm Vit Nam ?

Chng ta sn sng ni i th mun.

Thuyn trng James T Kirk Starship Enterprise

Th gii phng nhng cng ty hng u khu vc ang tin n

Hng tiu dng
8,1 t USD Nestle India
14,5 t USD Tingyi 5,5 t USD Indofood 4,9 t USD Asia Pacific Breweries 6,9 t USD CP Group 11,2 t USD IOI Corp Bhd

Dch v Ti chnh
39,1 t USD State Bank
260,1 t USD ICBC 21,0 t USD BCA 26,9 t USD DBS Group 13,0 t USD Siam Comm 21,9 t USD Maybank

Ti nguyn
25,1 t USD NMDC
93,2 t USD China Shenhua 8,2 t USD Adaro Energy 26,6 t USD Wilmar 7,0 t USD Banpu Pub 7,5 t USD Petronas Gas

Ngun: Bloomberg

Chng ta phi so snh vi nhng cng ty tt nht

Chng ta to ra li nhun v tc tng trng cao

2010 ROE

33%
Tc tng trng li nhun thun 2006-2010

29%

37%

11%

10%

155%
Tc tng trng li nhun thun 2006-2010

34%

30%

24%

37%

69%

28%

21%

19%

40%

Ngun : Bloomberg; bo co kim ton

Nhng chng ta cha t c quy m tng ng

EV / GDP

2.2%
Vn ha th trng t USD

7.8%

3.7%

23.3%

6.3%

1.6
Gi tr s sch t USD

14.5

11.9

4.1

10.2

0.5

4.8

2.1

3.8

20.3

Ngun : Bloomberg; bo co kim ton

A: Chng ta phi t c quy m ln m khng hy sinh thu nhp Q: Tt c u l trung hn ti sao ti nn mua c phiu ny t hm nay?

Hy s hi khi mi ngi tham lam, v tham lam khi mi ngi s hi.

Warren Buffet

Thanh khon ang cn kit

Li sut vay gia tng

Khi lng giao dch suy gim

Chng ta sn sng i ph vi bt n
3 doanh nghip nn tng ang dn u th trng

Ngn qu 250-500 triu USD cho u t, mua bn & sp nhp doanh nghip

Nn tng qun l ri ro c kim nghim

A: Cng ty c bn vng chc + ngun vn

Q: Nhng cng cn n nhiu iu kin khc ngoi chin lc Masan thnh cng ch?

Ti nng c th ginh chin thng trong cc trn u, nhng tinh thn ng i v s thng minh s ginh chc v ch.
Michael Jordan

Mt v Ch tch c tm nhn
Tin s Nguyn ng Quang

i ng lnh o

ng H Hng Anh
Ph Ch Tch Masan Group

ng Nguyn c Vinh
Tng Gim c Techcombank

ng Trng Cng Thng

Tng Gim c Masan Consumer

ng Dominic Heaton
Tng Gim c Masan Resources

ng Nguyn Thiu Nam

Ph Tng Gim c Masan Group

i ng ca chng ti

Ti ngh y l s khi u ca mt iu rt ln lao. i khi, bc i u tin l kh nht, nhng chng ta thc hin c.
Steve Jobs