Vingroup Consumer Market and VinFast EV Global Premiere slide image

Vingroup Consumer Market and VinFast EV Global Premiere

3 Vinhomes - the leading residential platform Largest Land Bank Delivers Sustainable Growth Land bank (1) (ha) Superior Returns Return-on-Equity(3) (%) 16,800 ~3x the land bank of our next largest developers 5,000 Vinhomes 650 600 (2) (2) Developer A Developer B (2) Developer C Unparalleled Execution Capabilities Land Acquisition Master Planning and Design Land Clearance Infrastructure and Ecosystem Sales and Marketing Quality Control Ability to secure the best land banks in Vietnam Master planning capabilities and integrated developments Accelerated land clearance process (9-12 months) Vingroup ecosystem of retail malls, schools, hospitals, etc. High take up rates during presales with high % of upfront payments In-house construction management, ability to control costs, quality and speed Vinhomes Novaland Land & Houses 30.4% 22.4% 18.8% Ayala Land 7.4% BSD 3.2% Diversified Product Offerings US$22.9bn (4) total addressable market per annum Diamond-Luxury apartment units that offer the most privileged living standard Ruby-High-end apartments for young affluent families Sapphire Modern apartment units catered for young and savvy % of households in total population (5) 1.3% 0.4mm Households 4.4% 1.2mn Households 19.4% 5.2mn Households Average Selling Prices (US$/sqm) (6) Luxury > US$4.0k High-end US$2.0k $4.0k Mid-end US$1.0k-2.0k Property Management Strong after sales service and management of facilities 44.2% 12.0mn Households Affordable < US$1.k Source: Company information (1) as at 30 Sep 2021. Including apartments, office-tels, shop-houses, shop office, villa, commercial for sale, beach villa and condo-tel. Excludes completed projects. Not including GFA from Vinhomes Hoc Mon and Industrial land bank. (2) Land bank of next largest listed residential developers based on latest available public filings (3) Refers to net profit after minority interests divided by shareholder's equity in 2020. (4) For condominium market only; based on CBRE condominium demand model and annual condominium demand of c.186,000 units in 2022F at an assumed price of US$127,000 per unit. (5) JLL report as at March 2018. Percentages shown exclude 30.8% of households within the segment of household below affordable. Segments include households within the respective income ranges: Luxury (more than US$85k), Premium (US$55k - US$85k), Mid-end (US$25k- US$55k), Affordable (US$10k-US$25k) and Below Affordable (below US$10k). (6) Based on net saleable area. 23
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