Anuncio • Jan 20
Bien Hoa Packaging Company, Annual General Meeting, Mar 27, 2026 Bien Hoa Packaging Company, Annual General Meeting, Mar 27, 2026. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₫39,000, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 12x in the Packaging industry in Vietnam. Total loss to shareholders of 32% over the past three years. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₫52,500, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 12x in the Packaging industry in Vietnam. Total loss to shareholders of 12% over the past three years. Reported Earnings • Oct 20
Third quarter 2025 earnings released: ₫23.00 loss per share (vs ₫1,093 profit in 3Q 2024) Third quarter 2025 results: ₫23.00 loss per share (down from ₫1,093 profit in 3Q 2024). Revenue: ₫371.5b (flat on 3Q 2024). Net loss: ₫296.6m (down 102% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₫56,500, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 15x in the Packaging industry in Vietnam. Total loss to shareholders of 7.4% over the past three years. Buy Or Sell Opportunity • Sep 18
Now 26% overvalued Over the last 90 days, the stock has fallen 7.2% to ₫55,600. The fair value is estimated to be ₫44,177, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.6% over the last 3 years. Earnings per share has declined by 19%. Buy Or Sell Opportunity • Aug 18
Now 23% overvalued Over the last 90 days, the stock has fallen 5.8% to ₫54,900. The fair value is estimated to be ₫44,504, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.6% over the last 3 years. Earnings per share has declined by 19%. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₫51,400, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 15x in the Packaging industry in Vietnam. Total loss to shareholders of 16% over the past three years. Board Change • May 06
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Chairman Jakjit Klomsing was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 23
First quarter 2025 earnings released: EPS: ₫1,151 (vs ₫1,634 in 1Q 2024) First quarter 2025 results: EPS: ₫1,151 (down from ₫1,634 in 1Q 2024). Revenue: ₫355.4b (flat on 1Q 2024). Net income: ₫14.8b (down 30% from 1Q 2024). Profit margin: 4.2% (down from 5.9% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₫63,700, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 12x in the Packaging industry in Vietnam. Negligible returns to shareholders over past three years. Board Change • Jan 23
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Chairman Jakjit Klomsing was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 23
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Chairman Jakjit Klomsing was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 29
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Chairman Jakjit Klomsing was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 23
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: ₫354.4b (down 8.5% from 2Q 2023). Net income: ₫13.1b (down 66% from 2Q 2023). Profit margin: 3.7% (down from 9.9% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 20
Upcoming dividend of ₫2,600 per share Eligible shareholders must have bought the stock before 27 May 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Vietnamese dividend payers (8.6%). Lower than average of industry peers (5.8%). Board Change • May 20
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Chairman Jakjit Klomsing was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: ₫1,634 (vs ₫2,325 in 1Q 2023) First quarter 2024 results: EPS: ₫1,634 (down from ₫2,325 in 1Q 2023). Revenue: ₫356.6b (up 2.2% from 1Q 2023). Net income: ₫21.0b (down 30% from 1Q 2023). Profit margin: 5.9% (down from 8.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Anuncio • Apr 23
Bien Hoa Packaging Joint Stock Company Announces Cash Dividend for the Payment for the 2023, Payable on June 28, 2024 Bien Hoa Packaging Joint Stock Company announced cash dividend of pay-out ratio: 26% par value (VND 2,600/share) for the payment for the 2023. Payable on June 28, 2024. Record date: May 28, 2024. Anuncio • Mar 08
Bien Hoa Packaging Company, Annual General Meeting, Mar 29, 2024 Bien Hoa Packaging Company, Annual General Meeting, Mar 29, 2024, at 06:00 Coordinated Universal Time. Location: Street No.7, Bien Hoa 1 Industrial zone An Binh ward, Bien Hoa Dong Nai Vietnam Reported Earnings • Jan 21
Full year 2023 earnings released: EPS: ₫10,319 (vs ₫9,086 in FY 2022) Full year 2023 results: EPS: ₫10,319 (up from ₫9,086 in FY 2022). Revenue: ₫1.51t (down 20% from FY 2022). Net income: ₫132.4b (up 14% from FY 2022). Profit margin: 8.8% (up from 6.2% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 20
Second quarter 2023 earnings released: EPS: ₫2,998 (vs ₫2,536 in 2Q 2022) Second quarter 2023 results: EPS: ₫2,998 (up from ₫2,536 in 2Q 2022). Revenue: ₫387.1b (down 25% from 2Q 2022). Net income: ₫38.5b (up 18% from 2Q 2022). Profit margin: 9.9% (up from 6.3% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 4% per year. Upcoming Dividend • Jun 07
Upcoming dividend of ₫2,340 per share at 4.1% yield Eligible shareholders must have bought the stock before 14 June 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of Vietnamese dividend payers (8.4%). Lower than average of industry peers (5.4%). Anuncio • Feb 01
Bien Hoa Packaging Company, Annual General Meeting, Mar 24, 2023 Bien Hoa Packaging Company, Annual General Meeting, Mar 24, 2023. Reported Earnings • Jan 20
Full year 2022 earnings released: EPS: ₫9,086 (vs ₫7,179 in FY 2021) Full year 2022 results: EPS: ₫9,086 (up from ₫7,179 in FY 2021). Revenue: ₫1.88t (up 2.2% from FY 2021). Net income: ₫116.6b (up 27% from FY 2021). Profit margin: 6.2% (up from 5.0% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 5% per year. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment improved over the past week After last week's 18% share price gain to ₫68,300, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 13x in the Packaging industry in Vietnam. Total returns to shareholders of 24% over the past three years. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₫60,500, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 11x in the Packaging industry in Vietnam. Total returns to shareholders of 4.0% over the past three years. Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment improved over the past week After last week's 23% share price gain to ₫65,400, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 14x in the Packaging industry in Vietnam. Total returns to shareholders of 1.6% over the past three years. Valuation Update With 7 Day Price Move • Oct 26
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₫57,600, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 14x in the Packaging industry in Vietnam. Total loss to shareholders of 9.2% over the past three years. Reported Earnings • Oct 21
Third quarter 2022 earnings released: EPS: ₫1,772 (vs ₫967 in 3Q 2021) Third quarter 2022 results: EPS: ₫1,772 (up from ₫967 in 3Q 2021). Revenue: ₫462.6b (up 11% from 3Q 2021). Net income: ₫22.7b (up 83% from 3Q 2021). Profit margin: 4.9% (up from 3.0% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 2% per year. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₫66,100, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 13x in the Packaging industry in Vietnam. Total returns to shareholders of 52% over the past three years. Reported Earnings • Jul 23
Second quarter 2022 earnings released: EPS: ₫2,536 (vs ₫1,827 in 2Q 2021) Second quarter 2022 results: EPS: ₫2,536 (up from ₫1,827 in 2Q 2021). Revenue: ₫514.5b (up 9.1% from 2Q 2021). Net income: ₫32.5b (up 24% from 2Q 2021). Profit margin: 6.3% (up from 5.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improved over the past week After last week's 16% share price gain to ₫73,500, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 10x in the Packaging industry in Vietnam. Total returns to shareholders of 60% over the past three years. Upcoming Dividend • May 31
Upcoming dividend of ₫1,800 per share Eligible shareholders must have bought the stock before 07 June 2022. Payment date: 22 June 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Vietnamese dividend payers (7.1%). Lower than average of industry peers (4.8%). Anuncio • Jan 28
Bien Hoa Packaging Company, Annual General Meeting, Mar 25, 2022 Bien Hoa Packaging Company, Annual General Meeting, Mar 25, 2022. Reported Earnings • Jan 26
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ₫7,179 (down from ₫10,032 in FY 2020). Revenue: ₫1.84t (up 8.9% from FY 2020). Net income: ₫92.1b (down 37% from FY 2020). Profit margin: 5.0% (down from 8.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 12% per year. Upcoming Dividend • Nov 12
Upcoming dividend of ₫2,000 per share Eligible shareholders must have bought the stock before 19 November 2021. Payment date: 06 December 2021. Trailing yield: 2.6%. Lower than top quartile of Vietnamese dividend payers (5.8%). Lower than average of industry peers (4.5%). Reported Earnings • Oct 23
Third quarter 2021 earnings released: EPS ₫967 (vs ₫2,716 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₫415.2b (down 7.2% from 3Q 2020). Net income: ₫12.4b (down 64% from 3Q 2020). Profit margin: 3.0% (down from 7.8% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year and the company’s share price has also increased by 23% per year. Reported Earnings • Jul 22
Second quarter 2021 earnings released: EPS ₫1,929 (vs ₫2,144 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: ₫471.4b (up 30% from 2Q 2020). Net income: ₫27.3b (down 13% from 2Q 2020). Profit margin: 5.8% (down from 8.6% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improved over the past week After last week's 16% share price gain to ₫86,200, the stock is trading at a trailing P/E ratio of 8.6x, up from the previous P/E ratio of 7.4x. This compares to an average P/E of 7x in the Packaging industry in Vietnam. Total returns to shareholders over the past three years are 131%. Is New 90 Day High Low • Jan 28
New 90-day low: ₫74,000 The company is down 7.0% from its price of ₫80,000 on 28 October 2020. The Vietnamese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 4.0% over the same period. Reported Earnings • Jan 21
Full year 2020 earnings released: EPS ₫10,032 The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: ₫1.69t (flat on FY 2019). Net income: ₫146.3b (up 18% from FY 2019). Profit margin: 8.7% (up from 7.3% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Anuncio • Dec 20
TCG Solutions Pte. Ltd. completed the acquisition of 94.11% stake in Bien Hoa Packaging Company (HOSE:SVI) for VND 2.1 trillion. TCG Solutions Pte. Ltd. made an offer to acquire an unknown majority stake in Bien Hoa Packaging Company (HOSE:SVI) on April 3, 2020. Thai Containers Group Company Limited, parent of TCG Solutions Pte. Ltd., will send a letter of intention to acquire shares to Bien Hoa Packaging Company board of directors for a general shareholders’ meeting to approve the acquisition of a stake more than 25% without the required mandatory tender offer. The transaction is subject to all other related regulations.
TCG Solutions Pte. Ltd. completed the acquisition of 94.11% stake in Bien Hoa Packaging Company (HOSE:SVI) for VND 2.1 trillion on April 3, 2020. TCG Solutions acquired 12.076 million Bien Hoa Packaging shares ata a price of VND 171,450 per share. Is New 90 Day High Low • Dec 16
New 90-day high: ₫89,800 The company is up 43% from its price of ₫63,000 on 17 September 2020. The Vietnamese market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 11% over the same period. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 19% share price gain to ₫89,800, the stock is trading at a trailing P/E ratio of 8.3x, up from the previous P/E ratio of 6.9x. This compares to an average P/E of 6x in the Packaging industry in Vietnam. Total returns to shareholders over the past three years are 156%. Anuncio • Dec 02
Bien Hoa Packaging Company Announces Board and Executive Changes Bien Hoa Packaging Company at it's 2020 EGM approved the resignation of member and Chairman of BOD cum Legal Representative – Mr. Trinh Thanh Can, approved the resignation of member and Deputy Chairman of BOD – Mr. Tran Trang Binh, approved the resignation of member of BOD – Mr. Dang Ngoc Diep, approved the resignation of member of BOD – Mr. Nguyen Duc Minh, approved the resignation of Independent member of BOD – Mr. Vu Duc Tien, approved the resignation of Independent member of BOD – Mr. Hoang Hieu Tri, approved the resignation of member and Head of Supervisory Board – Mrs. Do Thi Ngoc Hanh, approved the resignation of member of Supervisory Board – Mrs. Nguyen Thi Hong Phuc and approved the resignation of member of Supervisory Board – Mrs. Nguyen Phuong Thao. Is New 90 Day High Low • Oct 26
New 90-day high: ₫85,000 The company is up 36% from its price of ₫62,700 on 28 July 2020. The Vietnamese market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 31% over the same period. Reported Earnings • Oct 22
Third quarter earnings released Over the last 12 months the company has reported total profits of ₫149.7b, up 80% from the prior year. Total revenue was ₫1.61t over the last 12 months, down 7.5% from the prior year. Anuncio • Jul 30
An unknown buyer acquired 19.4% stake in Bien Hoa Packaging Company (HOSE : SVI) from Bao Viet Investment Fund managed by Baoviet Fund Management Company. An unknown buyer acquired 19.4% stake in Bien Hoa Packaging Company (HOSE : SVI) from Bao Viet Investment Fund managed by Baoviet Fund Management Company on April 6, 2020. Under the terms, 2.5 million shares were sold as a part of the acquisition.
An unknown buyer completed the acquisition of 19.40% stake in Bien Hoa Packaging Company (HOSE : SVI) from Bao Viet Investment Fund managed by Baoviet Fund Management Company on April 6, 2020. 
