공시 • Feb 25
Techno - Agricultural Supplying Joint Stock Company, Annual General Meeting, Apr 16, 2026 Techno - Agricultural Supplying Joint Stock Company, Annual General Meeting, Apr 16, 2026. Reported Earnings • Jan 31
Full year 2025 earnings released: ₫104 loss per share (vs ₫5.23 profit in FY 2024) Full year 2025 results: ₫104 loss per share (down from ₫5.23 profit in FY 2024). Revenue: ₫747.4b (up 19% from FY 2024). Net loss: ₫20.4b (down ₫21.4b from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: ₫16.00 (vs ₫15.00 loss in 3Q 2024) Third quarter 2025 results: EPS: ₫16.00 (up from ₫15.00 loss in 3Q 2024). Revenue: ₫200.7b (up 24% from 3Q 2024). Net income: ₫3.07b (up ₫5.99b from 3Q 2024). Profit margin: 1.5% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 31
Second quarter 2025 earnings released: EPS: ₫6.00 (vs ₫7.00 in 2Q 2024) Second quarter 2025 results: EPS: ₫6.00 (down from ₫7.00 in 2Q 2024). Revenue: ₫206.0b (up 23% from 2Q 2024). Net income: ₫1.13b (down 23% from 2Q 2024). Profit margin: 0.5% (down from 0.9% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Reported Earnings • May 03
First quarter 2025 earnings released First quarter 2025 results: Revenue: ₫183.6b (up 43% from 1Q 2024). Net loss: ₫1.32b (loss widened 426% from 1Q 2024). 공시 • Apr 19
Techno - Agricultural Supplying Joint Stock Company Announces Board Changes, Effective April 16, 2025 Pursuant to Resolution No. 01/2025/NQ-DHDCD dated April 16, 2025 of the 2025 Annual General Meeting of Shareholders of Techno-Agricultural Supplying Joint Stock Company, announced the Company's personnel changes as follows: Dismissal of the position of Independent Member of the Board of Directors: Mr. Nguyen Tuan Tu; Dismissed position: Independent Member of the Board of Directors. According to the Resolution of the Annual General Meeting of Shareholders in 2025, Effective date: April 16, 2025. Election of additional personnel for the position of Independent Member of the Board of Directors: Ba Can Thi Bich; Elected positions: Independent Member of the Board of Directors; Term of office: 2024 - 2029; Effective date: April 16, 2025. Reported Earnings • Mar 27
Full year 2024 earnings released: EPS: ₫5.23 (vs ₫99.81 loss in FY 2023) Full year 2024 results: EPS: ₫5.23 (up from ₫99.81 loss in FY 2023). Revenue: ₫627.3b (up 32% from FY 2023). Net income: ₫1.03b (up ₫20.7b from FY 2023). Profit margin: 0.2% (up from net loss in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 41 percentage points per year, which is a significant difference in performance. New Risk • Feb 23
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 1,073% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 35% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₫517.7b market cap, or US$20.2m). 공시 • Feb 15
Techno - Agricultural Supplying Joint Stock Company, Annual General Meeting, Apr 09, 2025 Techno - Agricultural Supplying Joint Stock Company, Annual General Meeting, Apr 09, 2025. Location: times tower - hacc1 complex, no. 35 le van luong, nhan chinh ward, thanh xuan district, ha noi Vietnam Reported Earnings • Oct 30
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: ₫161.8b (up 29% from 3Q 2023). Net loss: ₫2.93b (loss narrowed 65% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. 공시 • Aug 26
Techno - Agricultural Supplying Joint Stock Company (HOSE:TSC) agreed to acquire an additional 4.11% stake in JSC FIT Consumer for VND 54.0 billion. Techno - Agricultural Supplying Joint Stock Company (HOSE:TSC) agreed to acquire an additional 4.11% stake in JSC FIT Consumer for VND 54.0 billion on August 22, 2024. Upon completion, Techno - Agricultural Supplying Joint Stock Company will own 76.95% stake in JSC FIT Consumer. New Risk • Aug 02
New major risk - Revenue and earnings growth Earnings have declined by 25% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 have declined by 25% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₫559.1b market cap, or US$22.4m). Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: ₫7.00 (vs ₫89.00 in 2Q 2023) Second quarter 2024 results: EPS: ₫7.00 (down from ₫89.00 in 2Q 2023). Revenue: ₫168.2b (up 34% from 2Q 2023). Net income: ₫1.47b (down 92% from 2Q 2023). Profit margin: 0.9% (down from 14% in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. 공시 • Mar 29
Techno - Agricultural Supplying Joint Stock Company, Annual General Meeting, Apr 16, 2024 Techno - Agricultural Supplying Joint Stock Company, Annual General Meeting, Apr 16, 2024, at 06:30 Coordinated Universal Time. Location: HACC 1 Complex Building, No. 35 Le Van Luong street, Nhan Chinh ward, Thanh Xuan district Ha Noi Vietnam Reported Earnings • Feb 04
Full year 2023 earnings released: ₫100.00 loss per share (vs ₫233 loss in FY 2022) Full year 2023 results: ₫100.00 loss per share (improved from ₫233 loss in FY 2022). Revenue: ₫474.9b (down 47% from FY 2022). Net loss: ₫19.6b (loss narrowed 53% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 31
Second quarter 2023 earnings released: EPS: ₫89.00 (vs ₫55.00 loss in 2Q 2022) Second quarter 2023 results: EPS: ₫89.00 (up from ₫55.00 loss in 2Q 2022). Revenue: ₫125.8b (down 72% from 2Q 2022). Net income: ₫17.5b (up ₫27.2b from 2Q 2022). Profit margin: 14% (up from net loss in 2Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. New Risk • Jun 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 6.6% 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 Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (₫962.6b market cap, or US$40.9m). Reported Earnings • Apr 30
First quarter 2023 earnings released: ₫103 loss per share (vs ₫120 profit in 1Q 2022) First quarter 2023 results: ₫103 loss per share (down from ₫120 profit in 1Q 2022). Revenue: ₫97.6b (down 30% from 1Q 2022). Net loss: ₫20.3b (down 214% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Reported Earnings • Feb 03
Full year 2022 earnings released: ₫236 loss per share (vs ₫778 profit in FY 2021) Full year 2022 results: ₫236 loss per share (down from ₫778 profit in FY 2021). Revenue: ₫897.7b (up 74% from FY 2021). Net loss: ₫42.3b (down 137% from profit in FY 2021). 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. Board Change • Nov 16
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Bui Huong is the most experienced director on the board, commencing their role in 2015. Independent Director Hanh Thi Tuong 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 board continuity. Lack of experienced directors. Reported Earnings • Nov 06
Third quarter 2022 earnings released: ₫49.00 loss per share (vs ₫28.00 loss in 3Q 2021) Third quarter 2022 results: ₫49.00 loss per share (further deteriorated from ₫28.00 loss in 3Q 2021). Revenue: ₫185.2b (up 42% from 3Q 2021). Net loss: ₫9.73b (loss widened 135% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Oct 18
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Bui Huong is the most experienced director on the board, commencing their role in 2015. Independent Director Hanh Thi Tuong 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 board continuity. Lack of experienced directors. 공시 • Oct 14
Techno - Agricultural Supplying Joint Stock Company Announces Executive Changes Techno - Agricultural Supplying Joint Stock Company announced the resignation of Mr. Nguyen Thi Minh Nguyet as Chairman of the BOD effective October 10, 2022 and approved the appointment of Ms. Nguyen Thi Hoai as Chairman of the BOD cum the legal representative effective October 10, 2022. Reported Earnings • Aug 04
Second quarter 2022 earnings released: ₫55.00 loss per share (vs ₫778 profit in 2Q 2021) Second quarter 2022 results: ₫55.00 loss per share (down from ₫778 profit in 2Q 2021). Revenue: ₫441.4b (up 307% from 2Q 2021). Net loss: ₫9.70b (down 108% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 62% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment improved over the past week After last week's 17% share price gain to ₫7,100, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 23x in the Trade Distributors industry in Vietnam. Total returns to shareholders of 391% over the past three years. Board Change • Jun 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Bui Huong was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment deteriorated over the past week After last week's 23% share price decline to ₫7,370, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 23x in the Trade Distributors industry in Vietnam. Total returns to shareholders of 436% over the past three years. 공시 • Jun 10
Techno - Agricultural Supplying Joint Stock Company Announces Board Changes Techno - Agricultural Supplying Joint Stock Company announced that it received the Resignation Letter of Independent member of Board of Directors Mrs. Tuong Thi Thu Hanh, member of Board Mr. Do The Cao and member of Supervisory Board Mrs. Nguyen Thi Hong Anh. 공시 • Jun 03
Techno - Agricultural Supplying Joint Stock Company Announces Board Changes Techno - Agricultural Supplying Joint Stock Company announced the resignation of Mrs. Nguyen Thi Trang as Chief Accountant of the Company from May 26, 2022. Also approved the appointment of Mrs. Le Thi Thuong as Chief Accountant of the Company from May 26, 2022. 공시 • May 19
Techno - Agricultural Supplying Joint Stock Company has completed a Follow-on Equity Offering in the amount of VND 492.10841 billion. Techno - Agricultural Supplying Joint Stock Company has completed a Follow-on Equity Offering in the amount of VND 492.10841 billion.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 49,210,841
Price\Range: VND 10000
Transaction Features: Rights Offering Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₫9,940, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 24x in the Trade Distributors industry in Vietnam. Total returns to shareholders of 690% over the past three years. Reported Earnings • May 06
First quarter 2022 earnings released First quarter 2022 results: Revenue: ₫138.4b (up 8.9% from 1Q 2021). Net income: ₫17.8b (down 69% from 1Q 2021). Profit margin: 13% (down from 46% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 132% per year but the company’s share price has only increased by 102% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₫15,100, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 29x in the Trade Distributors industry in Vietnam. Total returns to shareholders of 1,067% over the past three years. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₫17,450, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 36x in the Trade Distributors industry in Vietnam. Total returns to shareholders of 964% over the past three years. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improved over the past week After last week's 16% share price gain to ₫21,100, the stock trades at a trailing P/E ratio of 27.1x. Average trailing P/E is 39x in the Trade Distributors industry in Vietnam. Total returns to shareholders of 1,244% over the past three years. Reported Earnings • Feb 11
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ₫778 (up from ₫114 in FY 2020). Revenue: ₫517.5b (up 13% from FY 2020). Net income: ₫114.8b (up ₫97.9b from FY 2020). Profit margin: 22% (up from 3.7% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 126% per year but the company’s share price has increased by 140% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₫16,500, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 28x in the Trade Distributors industry in Vietnam. Total returns to shareholders of 1,210% over the past three years. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improved over the past week After last week's 19% share price gain to ₫18,150, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 21x in the Trade Distributors industry in Vietnam. Total returns to shareholders of 1,178% over the past three years. Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improved over the past week After last week's 22% share price gain to ₫13,600, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 19x in the Trade Distributors industry in Vietnam. Total returns to shareholders of 772% over the past three years. Reported Earnings • Oct 28
Third quarter 2021 earnings released: ₫28.00 loss per share (vs ₫45.00 profit in 3Q 2020) The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: ₫130.8b (up 2.3% from 3Q 2020). Net loss: ₫4.15b (down 162% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 136% per year but the company’s share price has only increased by 100% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improved over the past week After last week's 16% share price gain to ₫12,300, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 13x in the Trade Distributors industry in Vietnam. Total returns to shareholders of 624% over the past three years. Reported Earnings • Aug 04
Second quarter 2021 earnings released: EPS ₫778 (vs ₫40.00 in 2Q 2020) Second quarter 2021 results: Revenue: ₫108.5b (up 18% from 2Q 2020). Net income: ₫114.8b (up ₫108.9b from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 137% per year but the company’s share price has only increased by 87% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Dec 28
New 90-day high: ₫3,400 The company is up 23% from its price of ₫2,770 on 29 September 2020. The Vietnamese market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 15% over the same period. Is New 90 Day High Low • Dec 09
New 90-day high: ₫3,100 The company is up 3.0% from its price of ₫3,010 on 10 September 2020. The Vietnamese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 6.0% over the same period. 
