View ValuationDong Phu Rubber 将来の成長Future 基準チェック /06Dong Phu Rubberの収益と利益は、それぞれ年間1.8%と1.7%減少すると予測されています。主要情報-1.7%収益成長率n/aEPS成長率Chemicals 収益成長14.0%収益成長率-1.8%将来の株主資本利益率13.46%アナリストカバレッジLow最終更新日02 Apr 2026今後の成長に関する最新情報Price Target Changed • Nov 16Price target decreased to ₫64,500Down from ₫96,300, the current price target is provided by 1 analyst. New target price is 47% above last closing price of ₫43,800. Stock is down 50% over the past year. The company is forecast to post earnings per share of ₫7,894 for next year compared to ₫10,335 last year.Price Target Changed • Oct 11Price target decreased to ₫87,250Down from ₫96,300, the current price target is an average from 2 analysts. New target price is 74% above last closing price of ₫50,200. Stock is down 30% over the past year. The company is forecast to post earnings per share of ₫9,120 for next year compared to ₫10,335 last year.Price Target Changed • Apr 27Price target increased to ₫94,533Up from ₫31,033, the current price target is an average from 2 analysts. New target price is 20% above last closing price of ₫79,100. Stock is up 67% over the past year. The company is forecast to post earnings per share of ₫7,899 for next year compared to ₫10,335 last year.すべての更新を表示Recent updatesお知らせ • May 11Dong Phu Rubber Joint Stock Company, Annual General Meeting, Jun 29, 2026Dong Phu Rubber Joint Stock Company, Annual General Meeting, Jun 29, 2026. Location: dong phu rubber jsc, stock com pany, thuan phu 1 hamlet, thuan loi commune, dong nai VietnamReported Earnings • May 05First quarter 2026 earnings released: EPS: ₫1,203 (vs ₫514 in 1Q 2025)First quarter 2026 results: EPS: ₫1,203 (up from ₫514 in 1Q 2025). Revenue: ₫379.5b (up 122% from 1Q 2025). Net income: ₫104.5b (up 134% from 1Q 2025). Profit margin: 28% (up from 26% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.8% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Vietnam are expected to grow by 5.7%. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.New Risk • May 04New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 25% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 25% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Board Change • Apr 06Less than half of directors are independentThere are 4 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: 4 new directors. 2 experienced directors. 2 highly experienced directors. 1 independent director (4 non-independent directors). CEO, Member of Management Board & Director Cuong Ho is the most experienced director on the board, commencing their role in 2012. Independent Director Thanh Nguyen was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.お知らせ • Jan 09Dong Phu Rubber Joint Stock Company Announces Termination of Operation of BranchDong Phu Rubber Joint Stock Company disclosed termination of operation of the Wood processing Branch - Dong Phu Rubber Joint Stock Company.お知らせ • Jan 07Dong Phu Rubber Joint Stock Company Appoints Mr. Luu Minh Tuyen as Additional Member of the Board of Directors, Effective December 30, 2025Dong Phu Rubber Joint Stock Company held an Extraordinary General Meeting on December 30, 2025, where shareholders approved the additional election of Mr. Luu Minh Tuyen as a member of the Board of Directors for the 2022-2027 period. Mr. Luu Minh Tuyen was elected as a new member of the Board of Directors for the 2022-2027 period.Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: ₫1,580 (vs ₫510 in 3Q 2024)Third quarter 2025 results: EPS: ₫1,580 (up from ₫510 in 3Q 2024). Revenue: ₫482.2b (up 38% from 3Q 2024). Net income: ₫137.3b (up 210% from 3Q 2024). Profit margin: 28% (up from 13% 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 7% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Aug 13Upcoming dividend of ₫2,000 per shareEligible shareholders must have bought the stock before 20 August 2025. Payment date: 29 September 2025. The company last paid an ordinary dividend in February 2016. The average dividend yield among industry peers is 3.2%.Board Change • Jul 29No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Head of the Supervisory Board Vinh Nguyen was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • May 12Dong Phu Rubber Joint Stock Company, Annual General Meeting, Jun 26, 2025Dong Phu Rubber Joint Stock Company, Annual General Meeting, Jun 26, 2025. Location: at the companys office, thuan phu commune, dong phu district, binh phuoc province, VietnamNew Risk • Apr 03New minor risk - Share price stabilityThe 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.2% average weekly change).Valuation Update With 7 Day Price Move • Apr 03Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₫43,200, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 12x in the Chemicals industry in Vietnam. Total returns to shareholders of 6.6% over the past three years.Reported Earnings • Oct 20Third quarter 2024 earnings released: EPS: ₫510 (vs ₫428 in 3Q 2023)Third quarter 2024 results: EPS: ₫510 (up from ₫428 in 3Q 2023). Revenue: ₫348.4b (up 22% from 3Q 2023). Net income: ₫44.3b (up 19% from 3Q 2023). Profit margin: 13% (in line with 3Q 2023). Revenue is forecast to grow 40% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Chemicals industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Oct 14Upcoming dividend of ₫1,500 per shareEligible shareholders must have bought the stock before 21 October 2024. Payment date: 20 December 2024. Payout ratio is a comfortable 52% but the company is paying out more than the cash it is generating. Trailing yield: 3.4%. Lower than top quartile of Vietnamese dividend payers (8.4%). In line with average of industry peers (3.2%).Reported Earnings • Jul 23Second quarter 2024 earnings released: EPS: ₫652 (vs ₫329 in 2Q 2023)Second quarter 2024 results: EPS: ₫652. Revenue: ₫145.9b (flat on 2Q 2023). Net income: ₫28.9b (flat on 2Q 2023). Profit margin: 20% (in line with 2Q 2023). Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the Chemicals industry in Vietnam.Buy Or Sell Opportunity • Jul 19Now 21% undervaluedOver the last 90 days, the stock has risen 19% to ₫42,500. The fair value is estimated to be ₫53,557, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 20% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 94% in a year. Earnings are forecast to grow by 102% in the next year.お知らせ • Jul 05Dong Phu Rubber Joint Stock Company Announces Executive ChangesOn July 1, 2024, Dong Phu Rubber Joint Stock Company announced executive changes. The company appointed Mr. Nguyen Quoc Vinh as Head of the Supervisory Board. Term is from 2022 to 2027. Effective date is June 27, 2024. the company also appointed Mr. Nguyen Thanh Huy as a member of the Supervisory Board. Term is 2024- 2027. Effective date is June 27, 2024. The company announced resignation of Mr. Huynh Minh Tam and Ms. Tran Thi Thu Thuy as a member of the Supervisory Board. Effective date for resignations is June 27, 2024.New Risk • Jun 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 6.0% 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. This is currently the only risk that has been identified for the company.お知らせ • May 09Dong Phu Rubber Joint Stock Company, Annual General Meeting, Jun 27, 2024Dong Phu Rubber Joint Stock Company, Annual General Meeting, Jun 27, 2024. Location: thuan phu commune, dong phu district, binh phuoc province., VietnamReported Earnings • Apr 23First quarter 2024 earnings released: EPS: ₫600 (vs ₫640 in 1Q 2023)First quarter 2024 results: EPS: ₫600 (down from ₫640 in 1Q 2023). Revenue: ₫186.5b (up 3.8% from 1Q 2023). Net income: ₫52.2b (down 5.2% from 1Q 2023). Profit margin: 28% (down from 31% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Chemicals industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₫39,450, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Chemicals industry in Vietnam. Total returns to shareholders of 75% over the past three years.Reported Earnings • Jan 23Full year 2023 earnings released: EPS: ₫4,152 (vs ₫2,972 in FY 2022)Full year 2023 results: EPS: ₫4,152. Revenue: ₫1.02t (down 16% from FY 2022). Net income: ₫206.1b (down 17% from FY 2022). Profit margin: 20% (in line with FY 2022). Revenue is forecast to stay flat during the next 3 years compared to a 4.1% growth forecast for the Chemicals industry in Vietnam.New Risk • Dec 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.9% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (19% net profit margin).Reported Earnings • Oct 22Third quarter 2023 earnings released: EPS: ₫1,978 (vs ₫989 in 3Q 2022)Third quarter 2023 results: EPS: ₫1,978 (up from ₫989 in 3Q 2022). Revenue: ₫340.8b (flat on 3Q 2022). Net income: ₫85.0b (flat on 3Q 2022). Profit margin: 25% (in line with 3Q 2022). Revenue is expected to decline by 9.6% p.a. on average during the next 2 years, while revenues in the Chemicals industry in Vietnam are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 04Upcoming dividend of ₫3,000 per share at 9.0% yieldEligible shareholders must have bought the stock before 11 September 2023. Payment date: 20 November 2023. Payout ratio is a comfortable 17% but the company is paying out more than the cash it is generating. Trailing yield: 9.0%. Within top quartile of Vietnamese dividend payers (8.4%). Higher than average of industry peers (5.2%).New Risk • Aug 24New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 23% Last year net profit margin: 35% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 40% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (163% cash payout ratio). Profit margins are more than 30% lower than last year (23% net profit margin).お知らせ • Aug 19Dong Phu Rubber Joint Stock Company Approves Dividend for 2022, Payable on November 20, 2023The Board of Directors of Dong Phu Rubber Joint Stock Company approved to pay for the 2022 dividend in cash: Payment date: November 20, 2023; Record date: September 12, 2023; Dividend pay-out ratio: 30%/par value (VND3,000/share).New Risk • Aug 16New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 37% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 37% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (132% cash payout ratio).New Risk • Jul 21New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 23% Last year net profit margin: 36% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (132% cash payout ratio). Profit margins are more than 30% lower than last year (23% net profit margin).Reported Earnings • Jul 21Second quarter 2023 earnings released: EPS: ₫768 (vs ₫1,493 in 2Q 2022)Second quarter 2023 results: EPS: ₫768 (down from ₫1,493 in 2Q 2022). Revenue: ₫146.4b (down 51% from 2Q 2022). Net income: ₫33.5b (down 48% from 2Q 2022). Profit margin: 23% (up from 22% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, while revenues in the Chemicals industry in Vietnam are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.New Risk • Jun 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 25% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 25% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (20% net profit margin).お知らせ • May 11Dong Phu Rubber Joint Stock Company, Annual General Meeting, Jun 30, 2023Dong Phu Rubber Joint Stock Company, Annual General Meeting, Jun 30, 2023. Location: Dong Phu Rubber Joint Stock Company Ho Chi Minh City VietnamReported Earnings • Jan 19Full year 2022 earnings released: EPS: ₫5,572 (vs ₫10,335 in FY 2021)Full year 2022 results: EPS: ₫5,572 (down from ₫10,335 in FY 2021). Revenue: ₫1.22t (flat on FY 2021). Net income: ₫239.6b (down 44% from FY 2021). Profit margin: 20% (down from 35% in FY 2021). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 02Dong Phu Rubber Joint Stock Company Approves to Pay for the 2022 Dividend, Payable in First Quarter of 2023The Board of Directors of Dong Phu Rubber Joint Stock Company approved to pay for the 2022 dividend in cash: Dividend pay-out ratio: 20%/par value (VND 2,000/share). Record date: December 20, 2022 and Payment date: Quarter I 2023.Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₫51,000, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Chemicals industry in Vietnam. Total returns to shareholders of 53% over the past three years.Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₫51,000, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Chemicals industry in Vietnam. Total returns to shareholders of 53% over the past three years.Price Target Changed • Nov 16Price target decreased to ₫64,500Down from ₫96,300, the current price target is provided by 1 analyst. New target price is 47% above last closing price of ₫43,800. Stock is down 50% over the past year. The company is forecast to post earnings per share of ₫7,894 for next year compared to ₫10,335 last year.Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Dieu Pham was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Nov 11Upcoming dividend of ₫2,000 per shareEligible shareholders must have bought the stock before 18 November 2022. Payment date: 30 November 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 8.4%. Lower than top quartile of Vietnamese dividend payers (10.0%). Higher than average of industry peers (5.9%).お知らせ • Nov 05Dong Phu Rubber Joint Stock Company Approves Cash Dividend, Payable on November 30, 2022the board of directors of Dong Phu Rubber Joint Stock Company approved the last phase of 2021 cash dividend payment as follows: Exercise ratio: 20% par value (2,000 dongs/share). Record date: November 21, 2022 and Expected payment time: November 30, 2022.Reported Earnings • Oct 22Third quarter 2022 earnings released: EPS: ₫1,598 (vs ₫1,598 in 3Q 2021)Third quarter 2022 results: EPS: ₫1,598 (in line with 3Q 2021). Revenue: ₫300.9b (flat on 3Q 2021). Net income: ₫68.7b (flat on 3Q 2021). Profit margin: 23% (in line with 3Q 2021). Revenue is expected to fall by 6.4% p.a. on average during the next 2 years compared to a 2.0% decline forecast for the Chemicals industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫58,000, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 6x in the Chemicals industry in Vietnam. Total returns to shareholders of 94% over the past three years.Price Target Changed • Oct 11Price target decreased to ₫87,250Down from ₫96,300, the current price target is an average from 2 analysts. New target price is 74% above last closing price of ₫50,200. Stock is down 30% over the past year. The company is forecast to post earnings per share of ₫9,120 for next year compared to ₫10,335 last year.Valuation Update With 7 Day Price Move • Oct 04Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₫57,700, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 7x in the Chemicals industry in Vietnam. Total returns to shareholders of 99% over the past three years.Reported Earnings • Jul 21Second quarter 2022 earnings released: EPS: ₫1,511 (vs ₫738 in 2Q 2021)Second quarter 2022 results: EPS: ₫1,511 (up from ₫738 in 2Q 2021). Revenue: ₫295.9b (up 32% from 2Q 2021). Net income: ₫65.0b (up 111% from 2Q 2021). Profit margin: 22% (up from 14% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.4%, compared to a 5.7% growth forecast for the industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 04Dong Phu Rubber Joint Stock Company, Annual General Meeting, Jun 27, 2022Dong Phu Rubber Joint Stock Company, Annual General Meeting, Jun 27, 2022, at 01:00 Coordinated Universal Time. Location: Thuan Phu commune, Dong Phu district Binh Phuoc province Dong Phu VietnamPrice Target Changed • Apr 27Price target increased to ₫94,533Up from ₫31,033, the current price target is an average from 2 analysts. New target price is 20% above last closing price of ₫79,100. Stock is up 67% over the past year. The company is forecast to post earnings per share of ₫7,899 for next year compared to ₫10,335 last year.Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Deputy CEO & Director Huynh Thuy 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.Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₫100,000, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Chemicals industry in Vietnam. Total returns to shareholders of 239% over the past three years.Upcoming Dividend • Dec 09Upcoming dividend of ₫1,500 per shareEligible shareholders must have bought the stock before 16 December 2021. Payment date: 31 March 2022. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Vietnamese dividend payers (6.4%). In line with average of industry peers (2.0%).Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS ₫1,598 (vs ₫1,740 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: ₫300.9b (down 9.9% from 3Q 2020). Net income: ₫68.7b (down 1.6% from 3Q 2020). Profit margin: 23% (up from 21% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 31Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫68,300, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 14x in the Chemicals industry in Vietnam. Total returns to shareholders of 183% over the past three years.Reported Earnings • Jul 24Second quarter 2021 earnings released: EPS ₫743 (vs ₫646 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₫218.0b (up 11% from 2Q 2020). Net income: ₫32.0b (up 23% from 2Q 2020). Profit margin: 15% (up from 13% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.Upcoming Dividend • Jul 22Upcoming dividend of ₫1,500 per shareEligible shareholders must have bought the stock before 29 July 2021. Payment date: 30 August 2021. Trailing yield: 4.1%. Lower than top quartile of Vietnamese dividend payers (7.8%). Lower than average of industry peers (4.6%).Valuation Update With 7 Day Price Move • Jun 08Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₫61,000, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 13x in the Chemicals industry in Vietnam. Total returns to shareholders of 136% over the past three years.Reported Earnings • Mar 21Full year 2020 earnings released: EPS ₫4,425 (vs ₫4,558 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ₫1.14t (up 10% from FY 2019). Net income: ₫177.5b (down 2.9% from FY 2019). Profit margin: 16% (down from 18% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Jan 12New 90-day high: ₫47,400The company is up 13% from its price of ₫42,000 on 14 October 2020. The Vietnamese market is up 25% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 14% over the same period.Upcoming Dividend • Dec 10Upcoming Dividend of ₫2,500 Per ShareWill be paid on the 31st of March to those who are registered shareholders by the 17th of December. The trailing yield of 5.6% is below the top quartile of Vietnamese dividend payers (8.5%), but is in line with industry peers (6.2%).Is New 90 Day High Low • Dec 04New 90-day high: ₫47,000The company is up 15% from its price of ₫40,800 on 04 September 2020. The Vietnamese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 12% over the same period.Reported Earnings • Nov 04Third quarter 2020 earnings released: EPS ₫534The company reported a mediocre third quarter result with flat earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ₫292.0b (flat on 3Q 2019). Net income: ₫21.4b (flat on 3Q 2019). Profit margin: 7.3% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Oct 23New 90-day high: ₫43,200The company is up 14% from its price of ₫38,000 on 24 July 2020. The Vietnamese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 18% over the same period.Is New 90 Day High Low • Sep 30New 90-day high: ₫42,750The company is up 9.0% from its price of ₫39,100 on 02 July 2020. The Vietnamese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 17% over the same period.業績と収益の成長予測HOSE:DPR - アナリストの将来予測と過去の財務データ ( )VND Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20281,260,000286,200N/A366,000112/31/20271,428,900407,000N/A376,800212/31/20261,505,000484,000N/A373,80013/31/20261,364,908328,128208,825263,556N/A12/31/20251,188,005288,935235,467288,513N/A9/30/20251,374,302322,757189,159267,896N/A6/30/20251,240,475229,771157,588239,451N/A3/31/20251,209,280208,953376,505456,371N/A12/31/20241,224,455216,420271,010356,558N/A9/30/20241,197,089257,364308,421386,963N/A6/30/20241,134,801250,206202,963271,698N/A3/31/20241,166,068270,80792,507177,253N/A12/31/20231,041,122208,841139,998230,157N/A9/30/2023982,222152,563344,635426,703N/A6/30/20231,036,948200,485216,270320,661N/A3/31/20231,099,691191,574293,222376,162N/A1/1/20231,210,732218,568203,431282,861N/A9/30/20221,330,350414,019332,391397,126N/A6/30/20221,290,464397,675463,102532,122N/A3/31/20221,219,181364,322460,487519,563N/A1/1/20221,216,841365,956653,531707,108N/A9/30/20211,232,228139,208-80,235-26,193N/A6/30/20211,265,444140,315276,556316,179N/A3/31/20211,237,409135,40938,936134,718N/A1/1/20211,137,598117,497-7,83586,491N/A9/30/20201,041,128191,959417,398392,016N/A6/30/2020998,952143,593239,979387,300N/A3/31/2020959,042147,851229,420328,046N/A1/1/20201,033,079182,899N/A371,416N/A9/30/20191,040,783161,694N/A505,528N/A6/30/2019970,315175,444N/A211,286N/A3/31/2019954,237188,661N/A348,080N/A12/31/20181,030,051235,348N/A360,900N/A9/30/2018895,163197,944N/A297,837N/A6/30/20181,061,652223,003N/A321,333N/A3/31/20181,077,490228,544N/A300,014N/A1/1/20181,069,907213,144N/A313,305N/A9/30/20171,117,681265,010N/A502,569N/A6/30/2017947,874232,773N/A328,994N/A3/31/2017978,314214,511N/A315,826N/A12/31/2016853,209153,450N/A279,157N/A9/30/2016806,76094,765N/A57,240N/A6/30/2016847,019104,464N/A109,907N/A3/31/2016831,382100,621N/A262,660N/A12/31/2015855,266150,096N/A238,608N/A9/30/2015955,905206,431N/A276,537N/A6/30/2015934,031242,140N/A323,050N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: DPRの収益は今後 3 年間で減少すると予測されています (年間-1.7% )。収益対市場: DPRの収益は今後 3 年間で減少すると予測されています (年間-1.7% )。高成長収益: DPRの収益は今後 3 年間で減少すると予測されています。収益対市場: DPRの収益は今後 3 年間で減少すると予想されています (年間-1.8% )。高い収益成長: DPRの収益は今後 3 年間で減少すると予測されています (年間-1.8% )。一株当たり利益成長率予想将来の株主資本利益率将来のROE: DPRの 自己資本利益率 は、3年後には低くなると予測されています ( 13.5 %)。成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 21:56終値2026/05/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Dong Phu Rubber Joint Stock Company 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関null nullFPT SecuritiesThanh Thi NgoSSI Securities CorporationGiao Thi NguyenViet Dragon Securities Corporation
Price Target Changed • Nov 16Price target decreased to ₫64,500Down from ₫96,300, the current price target is provided by 1 analyst. New target price is 47% above last closing price of ₫43,800. Stock is down 50% over the past year. The company is forecast to post earnings per share of ₫7,894 for next year compared to ₫10,335 last year.
Price Target Changed • Oct 11Price target decreased to ₫87,250Down from ₫96,300, the current price target is an average from 2 analysts. New target price is 74% above last closing price of ₫50,200. Stock is down 30% over the past year. The company is forecast to post earnings per share of ₫9,120 for next year compared to ₫10,335 last year.
Price Target Changed • Apr 27Price target increased to ₫94,533Up from ₫31,033, the current price target is an average from 2 analysts. New target price is 20% above last closing price of ₫79,100. Stock is up 67% over the past year. The company is forecast to post earnings per share of ₫7,899 for next year compared to ₫10,335 last year.
お知らせ • May 11Dong Phu Rubber Joint Stock Company, Annual General Meeting, Jun 29, 2026Dong Phu Rubber Joint Stock Company, Annual General Meeting, Jun 29, 2026. Location: dong phu rubber jsc, stock com pany, thuan phu 1 hamlet, thuan loi commune, dong nai Vietnam
Reported Earnings • May 05First quarter 2026 earnings released: EPS: ₫1,203 (vs ₫514 in 1Q 2025)First quarter 2026 results: EPS: ₫1,203 (up from ₫514 in 1Q 2025). Revenue: ₫379.5b (up 122% from 1Q 2025). Net income: ₫104.5b (up 134% from 1Q 2025). Profit margin: 28% (up from 26% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.8% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Vietnam are expected to grow by 5.7%. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
New Risk • May 04New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 25% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 25% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Board Change • Apr 06Less than half of directors are independentThere are 4 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: 4 new directors. 2 experienced directors. 2 highly experienced directors. 1 independent director (4 non-independent directors). CEO, Member of Management Board & Director Cuong Ho is the most experienced director on the board, commencing their role in 2012. Independent Director Thanh Nguyen was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
お知らせ • Jan 09Dong Phu Rubber Joint Stock Company Announces Termination of Operation of BranchDong Phu Rubber Joint Stock Company disclosed termination of operation of the Wood processing Branch - Dong Phu Rubber Joint Stock Company.
お知らせ • Jan 07Dong Phu Rubber Joint Stock Company Appoints Mr. Luu Minh Tuyen as Additional Member of the Board of Directors, Effective December 30, 2025Dong Phu Rubber Joint Stock Company held an Extraordinary General Meeting on December 30, 2025, where shareholders approved the additional election of Mr. Luu Minh Tuyen as a member of the Board of Directors for the 2022-2027 period. Mr. Luu Minh Tuyen was elected as a new member of the Board of Directors for the 2022-2027 period.
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: ₫1,580 (vs ₫510 in 3Q 2024)Third quarter 2025 results: EPS: ₫1,580 (up from ₫510 in 3Q 2024). Revenue: ₫482.2b (up 38% from 3Q 2024). Net income: ₫137.3b (up 210% from 3Q 2024). Profit margin: 28% (up from 13% 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 7% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Aug 13Upcoming dividend of ₫2,000 per shareEligible shareholders must have bought the stock before 20 August 2025. Payment date: 29 September 2025. The company last paid an ordinary dividend in February 2016. The average dividend yield among industry peers is 3.2%.
Board Change • Jul 29No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Head of the Supervisory Board Vinh Nguyen was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • May 12Dong Phu Rubber Joint Stock Company, Annual General Meeting, Jun 26, 2025Dong Phu Rubber Joint Stock Company, Annual General Meeting, Jun 26, 2025. Location: at the companys office, thuan phu commune, dong phu district, binh phuoc province, Vietnam
New Risk • Apr 03New minor risk - Share price stabilityThe 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.2% average weekly change).
Valuation Update With 7 Day Price Move • Apr 03Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₫43,200, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 12x in the Chemicals industry in Vietnam. Total returns to shareholders of 6.6% over the past three years.
Reported Earnings • Oct 20Third quarter 2024 earnings released: EPS: ₫510 (vs ₫428 in 3Q 2023)Third quarter 2024 results: EPS: ₫510 (up from ₫428 in 3Q 2023). Revenue: ₫348.4b (up 22% from 3Q 2023). Net income: ₫44.3b (up 19% from 3Q 2023). Profit margin: 13% (in line with 3Q 2023). Revenue is forecast to grow 40% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Chemicals industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Oct 14Upcoming dividend of ₫1,500 per shareEligible shareholders must have bought the stock before 21 October 2024. Payment date: 20 December 2024. Payout ratio is a comfortable 52% but the company is paying out more than the cash it is generating. Trailing yield: 3.4%. Lower than top quartile of Vietnamese dividend payers (8.4%). In line with average of industry peers (3.2%).
Reported Earnings • Jul 23Second quarter 2024 earnings released: EPS: ₫652 (vs ₫329 in 2Q 2023)Second quarter 2024 results: EPS: ₫652. Revenue: ₫145.9b (flat on 2Q 2023). Net income: ₫28.9b (flat on 2Q 2023). Profit margin: 20% (in line with 2Q 2023). Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the Chemicals industry in Vietnam.
Buy Or Sell Opportunity • Jul 19Now 21% undervaluedOver the last 90 days, the stock has risen 19% to ₫42,500. The fair value is estimated to be ₫53,557, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 20% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 94% in a year. Earnings are forecast to grow by 102% in the next year.
お知らせ • Jul 05Dong Phu Rubber Joint Stock Company Announces Executive ChangesOn July 1, 2024, Dong Phu Rubber Joint Stock Company announced executive changes. The company appointed Mr. Nguyen Quoc Vinh as Head of the Supervisory Board. Term is from 2022 to 2027. Effective date is June 27, 2024. the company also appointed Mr. Nguyen Thanh Huy as a member of the Supervisory Board. Term is 2024- 2027. Effective date is June 27, 2024. The company announced resignation of Mr. Huynh Minh Tam and Ms. Tran Thi Thu Thuy as a member of the Supervisory Board. Effective date for resignations is June 27, 2024.
New Risk • Jun 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 6.0% 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. This is currently the only risk that has been identified for the company.
お知らせ • May 09Dong Phu Rubber Joint Stock Company, Annual General Meeting, Jun 27, 2024Dong Phu Rubber Joint Stock Company, Annual General Meeting, Jun 27, 2024. Location: thuan phu commune, dong phu district, binh phuoc province., Vietnam
Reported Earnings • Apr 23First quarter 2024 earnings released: EPS: ₫600 (vs ₫640 in 1Q 2023)First quarter 2024 results: EPS: ₫600 (down from ₫640 in 1Q 2023). Revenue: ₫186.5b (up 3.8% from 1Q 2023). Net income: ₫52.2b (down 5.2% from 1Q 2023). Profit margin: 28% (down from 31% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Chemicals industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₫39,450, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Chemicals industry in Vietnam. Total returns to shareholders of 75% over the past three years.
Reported Earnings • Jan 23Full year 2023 earnings released: EPS: ₫4,152 (vs ₫2,972 in FY 2022)Full year 2023 results: EPS: ₫4,152. Revenue: ₫1.02t (down 16% from FY 2022). Net income: ₫206.1b (down 17% from FY 2022). Profit margin: 20% (in line with FY 2022). Revenue is forecast to stay flat during the next 3 years compared to a 4.1% growth forecast for the Chemicals industry in Vietnam.
New Risk • Dec 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.9% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (19% net profit margin).
Reported Earnings • Oct 22Third quarter 2023 earnings released: EPS: ₫1,978 (vs ₫989 in 3Q 2022)Third quarter 2023 results: EPS: ₫1,978 (up from ₫989 in 3Q 2022). Revenue: ₫340.8b (flat on 3Q 2022). Net income: ₫85.0b (flat on 3Q 2022). Profit margin: 25% (in line with 3Q 2022). Revenue is expected to decline by 9.6% p.a. on average during the next 2 years, while revenues in the Chemicals industry in Vietnam are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 04Upcoming dividend of ₫3,000 per share at 9.0% yieldEligible shareholders must have bought the stock before 11 September 2023. Payment date: 20 November 2023. Payout ratio is a comfortable 17% but the company is paying out more than the cash it is generating. Trailing yield: 9.0%. Within top quartile of Vietnamese dividend payers (8.4%). Higher than average of industry peers (5.2%).
New Risk • Aug 24New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 23% Last year net profit margin: 35% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 40% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (163% cash payout ratio). Profit margins are more than 30% lower than last year (23% net profit margin).
お知らせ • Aug 19Dong Phu Rubber Joint Stock Company Approves Dividend for 2022, Payable on November 20, 2023The Board of Directors of Dong Phu Rubber Joint Stock Company approved to pay for the 2022 dividend in cash: Payment date: November 20, 2023; Record date: September 12, 2023; Dividend pay-out ratio: 30%/par value (VND3,000/share).
New Risk • Aug 16New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 37% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 37% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (132% cash payout ratio).
New Risk • Jul 21New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 23% Last year net profit margin: 36% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (132% cash payout ratio). Profit margins are more than 30% lower than last year (23% net profit margin).
Reported Earnings • Jul 21Second quarter 2023 earnings released: EPS: ₫768 (vs ₫1,493 in 2Q 2022)Second quarter 2023 results: EPS: ₫768 (down from ₫1,493 in 2Q 2022). Revenue: ₫146.4b (down 51% from 2Q 2022). Net income: ₫33.5b (down 48% from 2Q 2022). Profit margin: 23% (up from 22% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, while revenues in the Chemicals industry in Vietnam are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
New Risk • Jun 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 25% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 25% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (20% net profit margin).
お知らせ • May 11Dong Phu Rubber Joint Stock Company, Annual General Meeting, Jun 30, 2023Dong Phu Rubber Joint Stock Company, Annual General Meeting, Jun 30, 2023. Location: Dong Phu Rubber Joint Stock Company Ho Chi Minh City Vietnam
Reported Earnings • Jan 19Full year 2022 earnings released: EPS: ₫5,572 (vs ₫10,335 in FY 2021)Full year 2022 results: EPS: ₫5,572 (down from ₫10,335 in FY 2021). Revenue: ₫1.22t (flat on FY 2021). Net income: ₫239.6b (down 44% from FY 2021). Profit margin: 20% (down from 35% in FY 2021). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 02Dong Phu Rubber Joint Stock Company Approves to Pay for the 2022 Dividend, Payable in First Quarter of 2023The Board of Directors of Dong Phu Rubber Joint Stock Company approved to pay for the 2022 dividend in cash: Dividend pay-out ratio: 20%/par value (VND 2,000/share). Record date: December 20, 2022 and Payment date: Quarter I 2023.
Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₫51,000, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Chemicals industry in Vietnam. Total returns to shareholders of 53% over the past three years.
Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₫51,000, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Chemicals industry in Vietnam. Total returns to shareholders of 53% over the past three years.
Price Target Changed • Nov 16Price target decreased to ₫64,500Down from ₫96,300, the current price target is provided by 1 analyst. New target price is 47% above last closing price of ₫43,800. Stock is down 50% over the past year. The company is forecast to post earnings per share of ₫7,894 for next year compared to ₫10,335 last year.
Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Dieu Pham was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Nov 11Upcoming dividend of ₫2,000 per shareEligible shareholders must have bought the stock before 18 November 2022. Payment date: 30 November 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 8.4%. Lower than top quartile of Vietnamese dividend payers (10.0%). Higher than average of industry peers (5.9%).
お知らせ • Nov 05Dong Phu Rubber Joint Stock Company Approves Cash Dividend, Payable on November 30, 2022the board of directors of Dong Phu Rubber Joint Stock Company approved the last phase of 2021 cash dividend payment as follows: Exercise ratio: 20% par value (2,000 dongs/share). Record date: November 21, 2022 and Expected payment time: November 30, 2022.
Reported Earnings • Oct 22Third quarter 2022 earnings released: EPS: ₫1,598 (vs ₫1,598 in 3Q 2021)Third quarter 2022 results: EPS: ₫1,598 (in line with 3Q 2021). Revenue: ₫300.9b (flat on 3Q 2021). Net income: ₫68.7b (flat on 3Q 2021). Profit margin: 23% (in line with 3Q 2021). Revenue is expected to fall by 6.4% p.a. on average during the next 2 years compared to a 2.0% decline forecast for the Chemicals industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫58,000, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 6x in the Chemicals industry in Vietnam. Total returns to shareholders of 94% over the past three years.
Price Target Changed • Oct 11Price target decreased to ₫87,250Down from ₫96,300, the current price target is an average from 2 analysts. New target price is 74% above last closing price of ₫50,200. Stock is down 30% over the past year. The company is forecast to post earnings per share of ₫9,120 for next year compared to ₫10,335 last year.
Valuation Update With 7 Day Price Move • Oct 04Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₫57,700, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 7x in the Chemicals industry in Vietnam. Total returns to shareholders of 99% over the past three years.
Reported Earnings • Jul 21Second quarter 2022 earnings released: EPS: ₫1,511 (vs ₫738 in 2Q 2021)Second quarter 2022 results: EPS: ₫1,511 (up from ₫738 in 2Q 2021). Revenue: ₫295.9b (up 32% from 2Q 2021). Net income: ₫65.0b (up 111% from 2Q 2021). Profit margin: 22% (up from 14% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.4%, compared to a 5.7% growth forecast for the industry in Vietnam. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 04Dong Phu Rubber Joint Stock Company, Annual General Meeting, Jun 27, 2022Dong Phu Rubber Joint Stock Company, Annual General Meeting, Jun 27, 2022, at 01:00 Coordinated Universal Time. Location: Thuan Phu commune, Dong Phu district Binh Phuoc province Dong Phu Vietnam
Price Target Changed • Apr 27Price target increased to ₫94,533Up from ₫31,033, the current price target is an average from 2 analysts. New target price is 20% above last closing price of ₫79,100. Stock is up 67% over the past year. The company is forecast to post earnings per share of ₫7,899 for next year compared to ₫10,335 last year.
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Deputy CEO & Director Huynh Thuy 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.
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₫100,000, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Chemicals industry in Vietnam. Total returns to shareholders of 239% over the past three years.
Upcoming Dividend • Dec 09Upcoming dividend of ₫1,500 per shareEligible shareholders must have bought the stock before 16 December 2021. Payment date: 31 March 2022. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Vietnamese dividend payers (6.4%). In line with average of industry peers (2.0%).
Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS ₫1,598 (vs ₫1,740 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: ₫300.9b (down 9.9% from 3Q 2020). Net income: ₫68.7b (down 1.6% from 3Q 2020). Profit margin: 23% (up from 21% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 31Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫68,300, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 14x in the Chemicals industry in Vietnam. Total returns to shareholders of 183% over the past three years.
Reported Earnings • Jul 24Second quarter 2021 earnings released: EPS ₫743 (vs ₫646 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₫218.0b (up 11% from 2Q 2020). Net income: ₫32.0b (up 23% from 2Q 2020). Profit margin: 15% (up from 13% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jul 22Upcoming dividend of ₫1,500 per shareEligible shareholders must have bought the stock before 29 July 2021. Payment date: 30 August 2021. Trailing yield: 4.1%. Lower than top quartile of Vietnamese dividend payers (7.8%). Lower than average of industry peers (4.6%).
Valuation Update With 7 Day Price Move • Jun 08Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₫61,000, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 13x in the Chemicals industry in Vietnam. Total returns to shareholders of 136% over the past three years.
Reported Earnings • Mar 21Full year 2020 earnings released: EPS ₫4,425 (vs ₫4,558 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ₫1.14t (up 10% from FY 2019). Net income: ₫177.5b (down 2.9% from FY 2019). Profit margin: 16% (down from 18% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Jan 12New 90-day high: ₫47,400The company is up 13% from its price of ₫42,000 on 14 October 2020. The Vietnamese market is up 25% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 14% over the same period.
Upcoming Dividend • Dec 10Upcoming Dividend of ₫2,500 Per ShareWill be paid on the 31st of March to those who are registered shareholders by the 17th of December. The trailing yield of 5.6% is below the top quartile of Vietnamese dividend payers (8.5%), but is in line with industry peers (6.2%).
Is New 90 Day High Low • Dec 04New 90-day high: ₫47,000The company is up 15% from its price of ₫40,800 on 04 September 2020. The Vietnamese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 12% over the same period.
Reported Earnings • Nov 04Third quarter 2020 earnings released: EPS ₫534The company reported a mediocre third quarter result with flat earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ₫292.0b (flat on 3Q 2019). Net income: ₫21.4b (flat on 3Q 2019). Profit margin: 7.3% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Oct 23New 90-day high: ₫43,200The company is up 14% from its price of ₫38,000 on 24 July 2020. The Vietnamese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 18% over the same period.
Is New 90 Day High Low • Sep 30New 90-day high: ₫42,750The company is up 9.0% from its price of ₫39,100 on 02 July 2020. The Vietnamese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 17% over the same period.