お知らせ • Feb 13
Hanoi Beer Alcohol and Beverage Joint Stock Corporation, Annual General Meeting, Apr 22, 2026 Hanoi Beer Alcohol and Beverage Joint Stock Corporation, Annual General Meeting, Apr 22, 2026. Reported Earnings • Jan 31
Full year 2025 earnings released: EPS: ₫2,021 (vs ₫1,599 in FY 2024) Full year 2025 results: EPS: ₫2,021 (up from ₫1,599 in FY 2024). Revenue: ₫8.52t (up 3.7% from FY 2024). Net income: ₫468.5b (up 26% from FY 2024). Profit margin: 5.5% (up from 4.5% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 01
Third quarter 2025 earnings released: EPS: ₫954 (vs ₫535 in 3Q 2024) Third quarter 2025 results: EPS: ₫954 (up from ₫535 in 3Q 2024). Revenue: ₫2.51t (up 7.4% from 3Q 2024). Net income: ₫221.0b (up 78% from 3Q 2024). Profit margin: 8.8% (up from 5.3% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 31
Second quarter 2025 earnings released: EPS: ₫618 (vs ₫664 in 2Q 2024) Second quarter 2025 results: EPS: ₫618 (down from ₫664 in 2Q 2024). Revenue: ₫2.36t (up 2.2% from 2Q 2024). Net income: ₫143.3b (down 6.9% from 2Q 2024). Profit margin: 6.1% (down from 6.7% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. New Risk • Jul 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.3% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (107% payout ratio). Share price has been volatile over the past 3 months (6.5% average weekly change). Upcoming Dividend • Jun 02
Upcoming dividend of ₫1,150 per share Eligible shareholders must have bought the stock before 09 June 2025. Payment date: 10 July 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.0%. Lower than top quartile of Vietnamese dividend payers (8.0%). Lower than average of industry peers (6.9%). お知らせ • May 17
Hanoi Beer Alcohol and Beverage Joint Stock Corporation announces Annual dividend, payable on July 10, 2025 Hanoi Beer Alcohol and Beverage Joint Stock Corporation announced Annual dividend of VND 1150.0000 per share payable on July 10, 2025, ex-date on June 09, 2025 and record date on June 10, 2025. Reported Earnings • Apr 06
Full year 2024 earnings released: EPS: ₫1,599 (vs ₫1,426 in FY 2023) Full year 2024 results: EPS: ₫1,599 (up from ₫1,426 in FY 2023). Revenue: ₫8.22t (up 6.0% from FY 2023). Net income: ₫370.7b (up 12% from FY 2023). Profit margin: 4.5% (up from 4.3% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Mar 21
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at ₫37,200. The fair value is estimated to be ₫46,733, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years, while earnings per share has been flat. お知らせ • Mar 05
Hanoi Beer Alcohol and Beverage Joint Stock Corporation, Annual General Meeting, Apr 24, 2025 Hanoi Beer Alcohol and Beverage Joint Stock Corporation, Annual General Meeting, Apr 24, 2025. Buy Or Sell Opportunity • Mar 04
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.6% to ₫37,000. The fair value is estimated to be ₫46,733, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years, while earnings per share has been flat. Buy Or Sell Opportunity • Feb 17
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.9% to ₫37,000. The fair value is estimated to be ₫46,733, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years, while earnings per share has been flat. New Risk • Feb 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.3% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (107% payout ratio). Share price has been volatile over the past 3 months (5.2% average weekly change). お知らせ • Feb 04
Hanoi Beer Alcohol and Beverage Joint Stock Corporation Approves Dividend Plan for 2023 Hanoi Beer Alcohol and Beverage Joint Stock Corporation approved Dividend Plan for 2023. For the period, the company reported Dividend payment of VND 266,570,000,000. Funds of the holding company: VND 56,932,252,605
Remaining undistributed profit: VND 10,769,050,005. Upcoming Dividend • Aug 08
Upcoming dividend of ₫1,500 per share Eligible shareholders must have bought the stock before 15 August 2024. Payment date: 15 October 2024. Payout ratio is on the higher end at 98%, however this is supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Vietnamese dividend payers (8.4%). Lower than average of industry peers (7.1%). Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: ₫664 (vs ₫761 in 2Q 2023) Second quarter 2024 results: EPS: ₫664 (down from ₫761 in 2Q 2023). Revenue: ₫2.31t (up 11% from 2Q 2023). Net income: ₫153.8b (down 13% from 2Q 2023). Profit margin: 6.7% (down from 8.5% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 10% per year. お知らせ • Jul 31
Hanoi Beer Alcohol and Beverage Joint Stock Corporation Appoints Pham Trung Kien as Deputy CEO Hanoi Beer Alcohol and Beverage Joint Stock Corporation announces the change in personnel as follows: Appointment: Mr. Pham Trung Kien. Newly appointed position: Deputy CEO. Term: 12 months. Effective date: July 29, 2024. Reported Earnings • May 02
First quarter 2024 earnings released: ₫23.00 loss per share (vs ₫49.33 profit in 1Q 2023) First quarter 2024 results: ₫23.00 loss per share (down from ₫49.33 profit in 1Q 2023). Revenue: ₫1.31t (up 12% from 1Q 2023). Net loss: ₫5.24b (down 146% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 17% per year. お知らせ • Mar 10
Hanoi Beer Alcohol and Beverage Joint Stock Corporation, Annual General Meeting, Apr 26, 2024 Hanoi Beer Alcohol and Beverage Joint Stock Corporation, Annual General Meeting, Apr 26, 2024. Reported Earnings • Feb 02
Full year 2023 earnings released: EPS: ₫1,447 (vs ₫1,895 in FY 2022) Full year 2023 results: EPS: ₫1,447 (down from ₫1,895 in FY 2022). Revenue: ₫7.76t (down 7.6% from FY 2022). Net income: ₫335.4b (down 24% from FY 2022). Profit margin: 4.3% (down from 5.2% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year whereas the company’s share price has fallen by 20% per year. お知らせ • Nov 11
Hanoi Beer Alcohol and Beverage Joint Stock Corporation Approves Plan for 2021 Cash Dividend Payment, Payable on December 20, 2023 The Board of Directors of Hanoi Beer Alcohol and Beverage Joint Stock Corporation approved the plan to pay cash dividend for 2021 as follows: Exercise ratio: 12%/share (1,200 dongs/share). Record date: November 20, 2023. Payment date: December 20, 2023. Reported Earnings • Aug 02
Second quarter 2023 earnings released: EPS: ₫761 (vs ₫787 in 2Q 2022) Second quarter 2023 results: EPS: ₫761 (down from ₫787 in 2Q 2022). Revenue: ₫2.08t (down 2.6% from 2Q 2022). Net income: ₫176.3b (down 3.4% from 2Q 2022). Profit margin: 8.5% (in line with 2Q 2022). 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 4% per year. お知らせ • Jul 07
Hanoi Beer Alcohol and Beverage Joint Stock Corporation Announces Personnel Changes Hanoi Beer Alcohol and Beverage Joint Stock Corporation announces the change in personnel as follows: Appointment: Mr. Tran Dinh Thanh: Newly appointed position: member of the BOD cum Chairman of the BOD. Term: 2023-2028. Effective date: June 28, 2023. Mr. Ngo Que Lam: Newly appointed position: member of the BOD cum CEO. Term: 2023-2028. Effective date: June 28, 2023. Mr. Bui Huu Quang: Newly appointed position: member of the BOD. Term: 2023-2028. Effective date: June 28, 2023. Mr. Tran Danh Dang: Newly appointed position: independent member of the BOD. Term: 2023-2028. Effective date: June 28, 2023. Mrs. Chu Thi Thu Trang: Newly appointed position: Head of the Supervisory Board. Term: 2023-2028. Effective date: June 28, 2023. Mr. Tran Duc Giang: Newly appointed position: member of the Supervisory Board. Term: 2023-2028. Effective date: June 28, 2023. Resignation: Mr. Tran Minh Tuan: Resigned position: member of the Supervisory Board. Effective date: June 28, 2023. Reported Earnings • May 03
First quarter 2023 earnings released: EPS: ₫49.00 (vs ₫197 in 1Q 2022) First quarter 2023 results: EPS: ₫49.00 (down from ₫197 in 1Q 2022). Revenue: ₫1.17t (down 14% from 1Q 2022). Net income: ₫11.4b (down 75% from 1Q 2022). Profit margin: 1.0% (down from 3.4% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 8% per year. Reported Earnings • Feb 05
Full year 2022 earnings released: EPS: ₫2,009 (vs ₫1,299 in FY 2021) Full year 2022 results: EPS: ₫2,009 (up from ₫1,299 in FY 2021). Revenue: ₫8.40t (up 21% from FY 2021). Net income: ₫465.6b (up 55% from FY 2021). Profit margin: 5.5% (up from 4.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings. Board Change • Nov 16
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. 7 non-independent directors. Director Nhung Thieu was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: ₫884 (vs ₫550 in 3Q 2021) Third quarter 2022 results: EPS: ₫884 (up from ₫550 in 3Q 2021). Revenue: ₫2.44t (up 44% from 3Q 2021). Net income: ₫204.9b (up 61% from 3Q 2021). Profit margin: 8.4% (up from 7.5% 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 3% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 03
Second quarter 2022 earnings released: EPS: ₫787 (vs ₫638 in 2Q 2021) Second quarter 2022 results: EPS: ₫787 (up from ₫638 in 2Q 2021). Revenue: ₫2.13t (up 10% from 2Q 2021). Net income: ₫182.5b (up 24% from 2Q 2021). Profit margin: 8.6% (up from 7.6% 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 3% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. お知らせ • Jul 23
Hanoi Beer Alcohol and Beverage Joint Stock Corporation Announces Change in Personnel Hanoi Beer Alcohol and Beverage Joint Stock Corporation announced the change in personnel as Resignation of Mr. Tran Van Trung. Resigned position: The person in charge of corporate governance and HABECO’s Secretary. Effective date: July 18, 2022. Appointment: Mr. Tran Minh Tuan. Former position in the organization: The person in charge of the Board of Directors’ Office, Supervisor. Newly appointed position: HABECO’s Secretary, the person in charge of corporate governance. Term: HABECO’s Secretary: from July 18, 2022; The person in charge of corporate governance: Term 2022-2027 (from July 18, 2022) Effective date: July 18, 2022. Reported Earnings • May 04
First quarter 2022 earnings released: EPS: ₫197 (vs ₫274 in 1Q 2021) First quarter 2022 results: EPS: ₫197 (down from ₫274 in 1Q 2021). Revenue: ₫1.36t (down 1.5% from 1Q 2021). Net income: ₫45.7b (down 28% from 1Q 2021). Profit margin: 3.4% (down from 4.6% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Board Change • Apr 27
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: No independent directors. 7 non-independent directors. Director Nhung Thieu was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Upcoming Dividend • Feb 03
Upcoming dividend of ₫2,380 per share Eligible shareholders must have bought the stock before 10 February 2022. Payment date: 09 March 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.0%. Lower than top quartile of Vietnamese dividend payers (6.6%). Higher than average of industry peers (1.2%). Reported Earnings • Jan 30
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ₫1,353 (down from ₫2,793 in FY 2020). Revenue: ₫6.96t (down 6.6% from FY 2020). Net income: ₫317.1b (down 51% from FY 2020). Profit margin: 4.6% (down from 8.7% in FY 2020). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. 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 11% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 04
Third quarter 2021 earnings released: EPS ₫550 (vs ₫1,310 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₫1.70t (down 38% from 3Q 2020). Net income: ₫127.5b (down 58% from 3Q 2020). Profit margin: 7.5% (down from 11% 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 12% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment improved over the past week After last week's 16% share price gain to ₫65,100, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 29x in the Beverage industry in Asia. Total loss to shareholders of 11% over the past three years. Reported Earnings • Aug 04
Second quarter 2021 earnings released: EPS ₫633 (vs ₫965 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₫1.94t (down 8.6% from 2Q 2020). Net income: ₫146.7b (down 34% from 2Q 2020). Profit margin: 7.6% (down from 11% in 2Q 2020). 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 15% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 04
New 90-day low: ₫68,800 The company is down 6.0% from its price of ₫73,400 on 04 December 2020. The Vietnamese market is up 16% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Beverage industry, which is also down 6.0% over the same period. Is New 90 Day High Low • Dec 30
New 90-day high: ₫78,200 The company is up 6.0% from its price of ₫73,900 on 01 October 2020. The Vietnamese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Beverage industry, which is up 8.0% over the same period. Is New 90 Day High Low • Dec 08
New 90-day high: ₫75,500 The company is up 34% from its price of ₫56,300 on 09 September 2020. The Vietnamese market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Beverage industry, which is up 11% over the same period. Reported Earnings • Nov 05
Third quarter 2020 earnings released: EPS ₫1,310 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ₫2.72t (up 1.7% from 3Q 2019). Net income: ₫312.5b (up 110% from 3Q 2019). Profit margin: 12% (up from 5.6% in 3Q 2019). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 17% per year.