Net Detergent JSC (NET) 주식 개요Net Detergent JSC는 베트남 및 해외에서 세제, 세제 및 홈 케어 제품을 제조, 거래 및 판매하는 회사입니다. 자세히 보기NET 펀더멘털 분석스노우플레이크 점수가치 평가4/6미래 성장0/6과거 실적3/6재무 건전성5/6배당5/6강점공정 가치 추정치보다 낮은 70.7% 에서 거래위험 분석불안정한 배당 실적의미 있는 시가총액이 없습니다(₫1,503B)이익 마진 (8.7%)이 지난해 (12.7%)보다 낮습니다.모든 위험 점검 보기NET Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value₫Current Price₫67.10k35.7% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture02t2016201920222025202620282031Revenue ₫2.0tEarnings ₫170.2bAdvancedSet Fair ValueView all narrativesNet Detergent JSC 경쟁사Lix DetergentSymbol: HOSE:LIXMarket cap: ₫1.9tUnilever CaribbeanSymbol: TTSE:UCLMarket cap: TT$392.3mPrimotec GroupSymbol: TASE:PRMGMarket cap: ₪190.8mNVC International HoldingsSymbol: SEHK:2222Market cap: HK$334.8m가격 이력 및 성과Net Detergent JSC 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가₫67,100.0052주 최고가₫91,700.0052주 최저가₫61,100.00베타0.0141개월 변동3.23%3개월 변동5.84%1년 변동-17.87%3년 변동56.05%5년 변동1.67%IPO 이후 변동218.09%최근 뉴스 및 업데이트Reported Earnings • Apr 23First quarter 2026 earnings released: EPS: ₫1,705 (vs ₫2,301 in 1Q 2025)First quarter 2026 results: EPS: ₫1,705 (down from ₫2,301 in 1Q 2025). Revenue: ₫435.6b (up 13% from 1Q 2025). Net income: ₫38.2b (down 26% from 1Q 2025). Profit margin: 8.8% (down from 13% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Jan 22Full year 2025 earnings released: EPS: ₫7,085 (vs ₫9,225 in FY 2024)Full year 2025 results: EPS: ₫7,085 (down from ₫9,225 in FY 2024). Revenue: ₫1.62t (down 2.0% from FY 2024). Net income: ₫158.7b (down 23% from FY 2024). Profit margin: 9.8% (down from 13% in FY 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 16% per year.Reported Earnings • Oct 23Third quarter 2025 earnings released: EPS: ₫1,430 (vs ₫1,727 in 3Q 2024)Third quarter 2025 results: EPS: ₫1,430 (down from ₫1,727 in 3Q 2024). Revenue: ₫406.1b (down 3.4% from 3Q 2024). Net income: ₫32.0b (down 17% from 3Q 2024). Profit margin: 7.9% (down from 9.2% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₫70,200, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 20x in the Household Products industry in Asia. Total returns to shareholders of 83% over the past three years.Upcoming Dividend • Sep 24Upcoming dividend of ₫6,500 per shareEligible shareholders must have bought the stock before 01 October 2025. Payment date: 15 October 2025. Trailing yield: 4.2%. Lower than top quartile of Vietnamese dividend payers (7.6%). Higher than average of industry peers (3.0%).Reported Earnings • Jul 22Second quarter 2025 earnings released: EPS: ₫1,344 (vs ₫2,251 in 2Q 2024)Second quarter 2025 results: EPS: ₫1,344 (down from ₫2,251 in 2Q 2024). Revenue: ₫352.3b (down 9.5% from 2Q 2024). Net income: ₫30.1b (down 40% from 2Q 2024). Profit margin: 8.5% (down from 13% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.더 많은 업데이트 보기Recent updatesReported Earnings • Apr 23First quarter 2026 earnings released: EPS: ₫1,705 (vs ₫2,301 in 1Q 2025)First quarter 2026 results: EPS: ₫1,705 (down from ₫2,301 in 1Q 2025). Revenue: ₫435.6b (up 13% from 1Q 2025). Net income: ₫38.2b (down 26% from 1Q 2025). Profit margin: 8.8% (down from 13% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Jan 22Full year 2025 earnings released: EPS: ₫7,085 (vs ₫9,225 in FY 2024)Full year 2025 results: EPS: ₫7,085 (down from ₫9,225 in FY 2024). Revenue: ₫1.62t (down 2.0% from FY 2024). Net income: ₫158.7b (down 23% from FY 2024). Profit margin: 9.8% (down from 13% in FY 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 16% per year.Reported Earnings • Oct 23Third quarter 2025 earnings released: EPS: ₫1,430 (vs ₫1,727 in 3Q 2024)Third quarter 2025 results: EPS: ₫1,430 (down from ₫1,727 in 3Q 2024). Revenue: ₫406.1b (down 3.4% from 3Q 2024). Net income: ₫32.0b (down 17% from 3Q 2024). Profit margin: 7.9% (down from 9.2% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₫70,200, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 20x in the Household Products industry in Asia. Total returns to shareholders of 83% over the past three years.Upcoming Dividend • Sep 24Upcoming dividend of ₫6,500 per shareEligible shareholders must have bought the stock before 01 October 2025. Payment date: 15 October 2025. Trailing yield: 4.2%. Lower than top quartile of Vietnamese dividend payers (7.6%). Higher than average of industry peers (3.0%).Reported Earnings • Jul 22Second quarter 2025 earnings released: EPS: ₫1,344 (vs ₫2,251 in 2Q 2024)Second quarter 2025 results: EPS: ₫1,344 (down from ₫2,251 in 2Q 2024). Revenue: ₫352.3b (down 9.5% from 2Q 2024). Net income: ₫30.1b (down 40% from 2Q 2024). Profit margin: 8.5% (down from 13% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 22First quarter 2025 earnings released: EPS: ₫2,301 (vs ₫2,052 in 1Q 2024)First quarter 2025 results: EPS: ₫2,301 (up from ₫2,052 in 1Q 2024). Revenue: ₫386.3b (up 6.2% from 1Q 2024). Net income: ₫51.5b (up 12% from 1Q 2024). Profit margin: 13% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.공시 • Apr 01Net Detergent JSC, Annual General Meeting, Apr 18, 2025Net Detergent JSC, Annual General Meeting, Apr 18, 2025, at 08:30 SE Asia Standard Time. Location: company office, d4 road, loc an binh son industrial park, binh son commune, long thanh district, dong nai province, VietnamValuation Update With 7 Day Price Move • Jan 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₫87,500, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 18x in the Household Products industry in Asia. Total returns to shareholders of 101% over the past three years.Reported Earnings • Jan 21Full year 2024 earnings released: EPS: ₫9,225 (vs ₫7,966 in FY 2023)Full year 2024 results: EPS: ₫9,225 (up from ₫7,966 in FY 2023). Revenue: ₫1.65t (down 8.7% from FY 2023). Net income: ₫206.6b (up 16% from FY 2023). Profit margin: 13% (up from 9.9% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 22Third quarter 2024 earnings released: EPS: ₫1,727 (vs ₫2,273 in 3Q 2023)Third quarter 2024 results: EPS: ₫1,727 (down from ₫2,273 in 3Q 2023). Revenue: ₫420.5b (up 4.2% from 3Q 2023). Net income: ₫38.7b (down 24% from 3Q 2023). Profit margin: 9.2% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. 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 • Sep 13New 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 6.3% 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 High level of non-cash earnings (26% accrual ratio). 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 (6.3% average weekly change). Market cap is less than US$100m (₫2.04t market cap, or US$83.7m).New Risk • Jul 23New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 26% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₫2.21t market cap, or US$88.5m).Reported Earnings • Jul 23Second quarter 2024 earnings released: EPS: ₫2,251 (vs ₫2,638 in 2Q 2023)Second quarter 2024 results: EPS: ₫2,251 (down from ₫2,638 in 2Q 2023). Revenue: ₫389.4b (down 16% from 2Q 2023). Net income: ₫50.4b (down 15% from 2Q 2023). Profit margin: 13% (in line with 2Q 2023). 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 13% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₫101,200, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 18x in the Household Products industry in Asia. Total returns to shareholders of 97% over the past three years.Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: ₫2,052 (vs ₫743 in 1Q 2023)First quarter 2024 results: EPS: ₫2,052 (up from ₫743 in 1Q 2023). Revenue: ₫363.8b (down 9.7% from 1Q 2023). Net income: ₫46.0b (up 176% from 1Q 2023). Profit margin: 13% (up from 4.1% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 14Full year 2023 earnings released: EPS: ₫7,966 (vs ₫3,936 in FY 2022)Full year 2023 results: EPS: ₫7,966 (up from ₫3,936 in FY 2022). Revenue: ₫1.81t (up 18% from FY 2022). Net income: ₫178.4b (up 102% from FY 2022). Profit margin: 9.9% (up from 5.8% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jan 23Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₫80,100, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 24x in the Household Products industry in Asia. Total returns to shareholders of 75% over the past three years.Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: ₫2,273 (vs ₫802 in 3Q 2022)Third quarter 2023 results: EPS: ₫2,273 (up from ₫802 in 3Q 2022). Revenue: ₫403.5b (up 3.6% from 3Q 2022). Net income: ₫50.9b (up 183% from 3Q 2022). Profit margin: 13% (up from 4.6% in 3Q 2022). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Reported Earnings • Jul 25Second quarter 2023 earnings released: EPS: ₫2,638 (vs ₫1,058 in 2Q 2022)Second quarter 2023 results: EPS: ₫2,638 (up from ₫1,058 in 2Q 2022). Revenue: ₫461.3b (up 23% from 2Q 2022). Net income: ₫59.1b (up 149% from 2Q 2022). Profit margin: 13% (up from 6.3% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Reported Earnings • Apr 23First quarter 2023 earnings released: EPS: ₫743 (vs ₫992 in 1Q 2022)First quarter 2023 results: EPS: ₫743 (down from ₫992 in 1Q 2022). Revenue: ₫403.0b (up 15% from 1Q 2022). Net income: ₫16.6b (down 25% from 1Q 2022). Profit margin: 4.1% (down from 6.3% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 7% per year.Buying Opportunity • Apr 05Now 22% undervaluedOver the last 90 days, the stock is up 2.1%. The fair value is estimated to be ₫56,155, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years, while earnings per share has been flat.Buying Opportunity • Mar 06Now 23% undervaluedOver the last 90 days, the stock is up 3.3%. The fair value is estimated to be ₫56,155, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years, while earnings per share has been flat.Reported Earnings • Mar 04Full year 2022 earnings released: EPS: ₫3,936 (vs ₫5,061 in FY 2021)Full year 2022 results: EPS: ₫3,936 (down from ₫5,061 in FY 2021). Revenue: ₫1.53t (up 3.4% from FY 2021). Net income: ₫88.2b (down 22% from FY 2021). Profit margin: 5.8% (down from 7.7% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 2% per year.Reported Earnings • Jan 20Full year 2022 earnings released: EPS: ₫3,936 (vs ₫5,061 in FY 2021)Full year 2022 results: EPS: ₫3,936 (down from ₫5,061 in FY 2021). Revenue: ₫1.53t (up 3.4% from FY 2021). Net income: ₫88.2b (down 22% from FY 2021). Profit margin: 5.8% (down from 7.7% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 2% per year.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). Director Thai Thi Yen was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Oct 25Third quarter 2022 earnings released: EPS: ₫802 (vs ₫737 in 3Q 2021)Third quarter 2022 results: EPS: ₫802 (up from ₫737 in 3Q 2021). Revenue: ₫389.4b (up 45% from 3Q 2021). Net income: ₫18.0b (up 8.8% from 3Q 2021). Profit margin: 4.6% (down from 6.2% in 3Q 2021). The decrease in margin was driven by higher expenses. 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 14% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Sep 22Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₫48,000, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 20x in the Household Products industry in Asia. Total returns to shareholders of 70% over the past three years.Reported Earnings • Jul 26Second quarter 2022 earnings released: EPS: ₫1,058 (vs ₫1,561 in 2Q 2021)Second quarter 2022 results: EPS: ₫1,058 (down from ₫1,561 in 2Q 2021). Revenue: ₫376.1b (up 5.0% from 2Q 2021). Net income: ₫23.7b (down 32% from 2Q 2021). Profit margin: 6.3% (down from 9.8% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year.Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: ₫992 (vs ₫1,452 in 1Q 2021)First quarter 2022 results: EPS: ₫992 (down from ₫1,452 in 1Q 2021). Revenue: ₫351.6b (down 7.9% from 1Q 2021). Net income: ₫22.2b (down 32% from 1Q 2021). Profit margin: 6.3% (down from 8.5% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 27% per year.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Chairman of Supervisory Board Nguyen Chau was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Mar 28Full year 2021 earnings released: EPS: ₫5,061 (vs ₫5,956 in FY 2020)Full year 2021 results: EPS: ₫5,061 (down from ₫5,956 in FY 2020). Revenue: ₫1.48t (flat on FY 2020). Net income: ₫113.4b (down 15% from FY 2020). Profit margin: 7.7% (down from 9.1% in FY 2020). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jan 21Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ₫5,061 (down from ₫5,956 in FY 2020). Revenue: ₫1.48t (flat on FY 2020). Net income: ₫113.4b (down 15% from FY 2020). Profit margin: 7.7% (down from 9.1% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 24Third quarter 2021 earnings released: EPS ₫737 (vs ₫1,323 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₫268.4b (down 30% from 3Q 2020). Net income: ₫16.5b (down 44% from 3Q 2020). Profit margin: 6.2% (down from 7.8% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 06Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to ₫56,200, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 24x in the Household Products industry in Asia. Total returns to shareholders of 153% over the past three years.Upcoming Dividend • Sep 23Upcoming dividend of ₫6,000 per shareEligible shareholders must have bought the stock before 30 September 2021. Payment date: 20 October 2021. Trailing yield: 4.2%. Lower than top quartile of Vietnamese dividend payers (6.5%). Higher than average of industry peers (1.5%).Valuation Update With 7 Day Price Move • Sep 22Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₫77,000, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 21x in the Household Products industry in Asia. Total returns to shareholders of 226% over the past three years.Reported Earnings • Jul 21Second quarter 2021 earnings released: EPS ₫1,561 (vs ₫1,870 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₫358.2b (down 3.1% from 2Q 2020). Net income: ₫35.0b (down 17% from 2Q 2020). Profit margin: 9.8% (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 42% per year and the company’s share price has also increased by 42% per year.Reported Earnings • Apr 25First quarter 2021 earnings released: EPS ₫1,452 (vs ₫1,436 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: ₫381.8b (up 7.0% from 1Q 2020). Net income: ₫32.5b (up 1.1% from 1Q 2020). Profit margin: 8.5% (down from 9.0% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 43% per year whereas the company’s share price has increased by 38% per year.Reported Earnings • Mar 24Full year 2020 earnings released: EPS ₫5,956 (vs ₫3,251 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₫1.47t (up 27% from FY 2019). Net income: ₫133.4b (up 83% from FY 2019). Profit margin: 9.1% (up from 6.3% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jan 27Full year 2020 earnings released: EPS ₫5,956 (vs ₫3,333 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₫1.47t (up 27% from FY 2019). Net income: ₫133.4b (up 79% from FY 2019). Profit margin: 9.1% (up from 6.4% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year whereas the company’s share price has increased by 36% per year.Is New 90 Day High Low • Jan 19New 90-day low: ₫55,200The company is down 6.0% from its price of ₫59,000 on 20 October 2020. The Vietnamese market is up 25% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Household Products industry, which is down 2.0% over the same period.Is New 90 Day High Low • Dec 23New 90-day high: ₫61,000The company is up 4.0% from its price of ₫58,500 on 24 September 2020. The Vietnamese market is up 17% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Household Products industry, which is flat over the same period.Reported Earnings • Oct 22Third quarter earnings releasedOver the last 12 months the company has reported total profits of ₫124.7b, up 89% from the prior year. Total revenue was ₫1.46t over the last 12 months, up 33% from the prior year.주주 수익률NETVN Household ProductsVN 시장7D3.4%-0.03%2.0%1Y-17.9%-5.8%34.7%전체 주주 수익률 보기수익률 대 산업: NET은 지난 1년 동안 -5.8%의 수익을 기록한 VN Household Products 산업보다 저조한 성과를 냈습니다.수익률 대 시장: NET은 지난 1년 동안 34.7%를 기록한 VN 시장보다 저조한 성과를 냈습니다.주가 변동성Is NET's price volatile compared to industry and market?NET volatilityNET Average Weekly Movement3.8%Household Products Industry Average Movement4.9%Market Average Movement4.2%10% most volatile stocks in VN Market7.2%10% least volatile stocks in VN Market2.2%안정적인 주가: NET는 지난 3개월 동안 VN 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: NET의 주간 변동성(4%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트1968248Lam Mainetcovn.com.vnNet Detergent JSC는 베트남 및 해외에서 세제, 세제 및 홈 케어 제품을 제조, 거래 및 판매하는 회사입니다. 또한 창고와 공장을 임대하기도 합니다. 이 회사는 1968년에 설립되었으며 베트남 롱탄에 본사를 두고 있습니다.더 보기Net Detergent JSC 기초 지표 요약Net Detergent JSC의 순이익과 매출은 시가총액과 어떻게 비교됩니까?NET 기초 통계시가총액₫1.50t순이익 (TTM)₫145.33b매출 (TTM)₫1.67t10.3x주가수익비율(P/E)0.9x주가매출비율(P/S)NET는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표NET 손익계산서 (TTM)매출₫1.67t매출원가₫1.31t총이익₫357.06b기타 비용₫211.74b순이익₫145.33b최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)6.49k총이익률21.40%순이익률8.71%부채/자본 비율18.1%NET의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당9.7%현재 배당 수익률79%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/19 18:23종가2026/06/19 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Net Detergent JSC는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • Apr 23First quarter 2026 earnings released: EPS: ₫1,705 (vs ₫2,301 in 1Q 2025)First quarter 2026 results: EPS: ₫1,705 (down from ₫2,301 in 1Q 2025). Revenue: ₫435.6b (up 13% from 1Q 2025). Net income: ₫38.2b (down 26% from 1Q 2025). Profit margin: 8.8% (down from 13% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Jan 22Full year 2025 earnings released: EPS: ₫7,085 (vs ₫9,225 in FY 2024)Full year 2025 results: EPS: ₫7,085 (down from ₫9,225 in FY 2024). Revenue: ₫1.62t (down 2.0% from FY 2024). Net income: ₫158.7b (down 23% from FY 2024). Profit margin: 9.8% (down from 13% in FY 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 16% per year.
Reported Earnings • Oct 23Third quarter 2025 earnings released: EPS: ₫1,430 (vs ₫1,727 in 3Q 2024)Third quarter 2025 results: EPS: ₫1,430 (down from ₫1,727 in 3Q 2024). Revenue: ₫406.1b (down 3.4% from 3Q 2024). Net income: ₫32.0b (down 17% from 3Q 2024). Profit margin: 7.9% (down from 9.2% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₫70,200, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 20x in the Household Products industry in Asia. Total returns to shareholders of 83% over the past three years.
Upcoming Dividend • Sep 24Upcoming dividend of ₫6,500 per shareEligible shareholders must have bought the stock before 01 October 2025. Payment date: 15 October 2025. Trailing yield: 4.2%. Lower than top quartile of Vietnamese dividend payers (7.6%). Higher than average of industry peers (3.0%).
Reported Earnings • Jul 22Second quarter 2025 earnings released: EPS: ₫1,344 (vs ₫2,251 in 2Q 2024)Second quarter 2025 results: EPS: ₫1,344 (down from ₫2,251 in 2Q 2024). Revenue: ₫352.3b (down 9.5% from 2Q 2024). Net income: ₫30.1b (down 40% from 2Q 2024). Profit margin: 8.5% (down from 13% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 23First quarter 2026 earnings released: EPS: ₫1,705 (vs ₫2,301 in 1Q 2025)First quarter 2026 results: EPS: ₫1,705 (down from ₫2,301 in 1Q 2025). Revenue: ₫435.6b (up 13% from 1Q 2025). Net income: ₫38.2b (down 26% from 1Q 2025). Profit margin: 8.8% (down from 13% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Jan 22Full year 2025 earnings released: EPS: ₫7,085 (vs ₫9,225 in FY 2024)Full year 2025 results: EPS: ₫7,085 (down from ₫9,225 in FY 2024). Revenue: ₫1.62t (down 2.0% from FY 2024). Net income: ₫158.7b (down 23% from FY 2024). Profit margin: 9.8% (down from 13% in FY 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 16% per year.
Reported Earnings • Oct 23Third quarter 2025 earnings released: EPS: ₫1,430 (vs ₫1,727 in 3Q 2024)Third quarter 2025 results: EPS: ₫1,430 (down from ₫1,727 in 3Q 2024). Revenue: ₫406.1b (down 3.4% from 3Q 2024). Net income: ₫32.0b (down 17% from 3Q 2024). Profit margin: 7.9% (down from 9.2% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₫70,200, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 20x in the Household Products industry in Asia. Total returns to shareholders of 83% over the past three years.
Upcoming Dividend • Sep 24Upcoming dividend of ₫6,500 per shareEligible shareholders must have bought the stock before 01 October 2025. Payment date: 15 October 2025. Trailing yield: 4.2%. Lower than top quartile of Vietnamese dividend payers (7.6%). Higher than average of industry peers (3.0%).
Reported Earnings • Jul 22Second quarter 2025 earnings released: EPS: ₫1,344 (vs ₫2,251 in 2Q 2024)Second quarter 2025 results: EPS: ₫1,344 (down from ₫2,251 in 2Q 2024). Revenue: ₫352.3b (down 9.5% from 2Q 2024). Net income: ₫30.1b (down 40% from 2Q 2024). Profit margin: 8.5% (down from 13% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 22First quarter 2025 earnings released: EPS: ₫2,301 (vs ₫2,052 in 1Q 2024)First quarter 2025 results: EPS: ₫2,301 (up from ₫2,052 in 1Q 2024). Revenue: ₫386.3b (up 6.2% from 1Q 2024). Net income: ₫51.5b (up 12% from 1Q 2024). Profit margin: 13% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
공시 • Apr 01Net Detergent JSC, Annual General Meeting, Apr 18, 2025Net Detergent JSC, Annual General Meeting, Apr 18, 2025, at 08:30 SE Asia Standard Time. Location: company office, d4 road, loc an binh son industrial park, binh son commune, long thanh district, dong nai province, Vietnam
Valuation Update With 7 Day Price Move • Jan 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₫87,500, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 18x in the Household Products industry in Asia. Total returns to shareholders of 101% over the past three years.
Reported Earnings • Jan 21Full year 2024 earnings released: EPS: ₫9,225 (vs ₫7,966 in FY 2023)Full year 2024 results: EPS: ₫9,225 (up from ₫7,966 in FY 2023). Revenue: ₫1.65t (down 8.7% from FY 2023). Net income: ₫206.6b (up 16% from FY 2023). Profit margin: 13% (up from 9.9% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 22Third quarter 2024 earnings released: EPS: ₫1,727 (vs ₫2,273 in 3Q 2023)Third quarter 2024 results: EPS: ₫1,727 (down from ₫2,273 in 3Q 2023). Revenue: ₫420.5b (up 4.2% from 3Q 2023). Net income: ₫38.7b (down 24% from 3Q 2023). Profit margin: 9.2% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. 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 • Sep 13New 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 6.3% 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 High level of non-cash earnings (26% accrual ratio). 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 (6.3% average weekly change). Market cap is less than US$100m (₫2.04t market cap, or US$83.7m).
New Risk • Jul 23New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 26% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₫2.21t market cap, or US$88.5m).
Reported Earnings • Jul 23Second quarter 2024 earnings released: EPS: ₫2,251 (vs ₫2,638 in 2Q 2023)Second quarter 2024 results: EPS: ₫2,251 (down from ₫2,638 in 2Q 2023). Revenue: ₫389.4b (down 16% from 2Q 2023). Net income: ₫50.4b (down 15% from 2Q 2023). Profit margin: 13% (in line with 2Q 2023). 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 13% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₫101,200, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 18x in the Household Products industry in Asia. Total returns to shareholders of 97% over the past three years.
Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: ₫2,052 (vs ₫743 in 1Q 2023)First quarter 2024 results: EPS: ₫2,052 (up from ₫743 in 1Q 2023). Revenue: ₫363.8b (down 9.7% from 1Q 2023). Net income: ₫46.0b (up 176% from 1Q 2023). Profit margin: 13% (up from 4.1% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 14Full year 2023 earnings released: EPS: ₫7,966 (vs ₫3,936 in FY 2022)Full year 2023 results: EPS: ₫7,966 (up from ₫3,936 in FY 2022). Revenue: ₫1.81t (up 18% from FY 2022). Net income: ₫178.4b (up 102% from FY 2022). Profit margin: 9.9% (up from 5.8% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jan 23Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₫80,100, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 24x in the Household Products industry in Asia. Total returns to shareholders of 75% over the past three years.
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: ₫2,273 (vs ₫802 in 3Q 2022)Third quarter 2023 results: EPS: ₫2,273 (up from ₫802 in 3Q 2022). Revenue: ₫403.5b (up 3.6% from 3Q 2022). Net income: ₫50.9b (up 183% from 3Q 2022). Profit margin: 13% (up from 4.6% in 3Q 2022). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Reported Earnings • Jul 25Second quarter 2023 earnings released: EPS: ₫2,638 (vs ₫1,058 in 2Q 2022)Second quarter 2023 results: EPS: ₫2,638 (up from ₫1,058 in 2Q 2022). Revenue: ₫461.3b (up 23% from 2Q 2022). Net income: ₫59.1b (up 149% from 2Q 2022). Profit margin: 13% (up from 6.3% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 23First quarter 2023 earnings released: EPS: ₫743 (vs ₫992 in 1Q 2022)First quarter 2023 results: EPS: ₫743 (down from ₫992 in 1Q 2022). Revenue: ₫403.0b (up 15% from 1Q 2022). Net income: ₫16.6b (down 25% from 1Q 2022). Profit margin: 4.1% (down from 6.3% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 7% per year.
Buying Opportunity • Apr 05Now 22% undervaluedOver the last 90 days, the stock is up 2.1%. The fair value is estimated to be ₫56,155, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years, while earnings per share has been flat.
Buying Opportunity • Mar 06Now 23% undervaluedOver the last 90 days, the stock is up 3.3%. The fair value is estimated to be ₫56,155, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years, while earnings per share has been flat.
Reported Earnings • Mar 04Full year 2022 earnings released: EPS: ₫3,936 (vs ₫5,061 in FY 2021)Full year 2022 results: EPS: ₫3,936 (down from ₫5,061 in FY 2021). Revenue: ₫1.53t (up 3.4% from FY 2021). Net income: ₫88.2b (down 22% from FY 2021). Profit margin: 5.8% (down from 7.7% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 2% per year.
Reported Earnings • Jan 20Full year 2022 earnings released: EPS: ₫3,936 (vs ₫5,061 in FY 2021)Full year 2022 results: EPS: ₫3,936 (down from ₫5,061 in FY 2021). Revenue: ₫1.53t (up 3.4% from FY 2021). Net income: ₫88.2b (down 22% from FY 2021). Profit margin: 5.8% (down from 7.7% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 2% per year.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). Director Thai Thi Yen was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Oct 25Third quarter 2022 earnings released: EPS: ₫802 (vs ₫737 in 3Q 2021)Third quarter 2022 results: EPS: ₫802 (up from ₫737 in 3Q 2021). Revenue: ₫389.4b (up 45% from 3Q 2021). Net income: ₫18.0b (up 8.8% from 3Q 2021). Profit margin: 4.6% (down from 6.2% in 3Q 2021). The decrease in margin was driven by higher expenses. 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 14% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Sep 22Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₫48,000, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 20x in the Household Products industry in Asia. Total returns to shareholders of 70% over the past three years.
Reported Earnings • Jul 26Second quarter 2022 earnings released: EPS: ₫1,058 (vs ₫1,561 in 2Q 2021)Second quarter 2022 results: EPS: ₫1,058 (down from ₫1,561 in 2Q 2021). Revenue: ₫376.1b (up 5.0% from 2Q 2021). Net income: ₫23.7b (down 32% from 2Q 2021). Profit margin: 6.3% (down from 9.8% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year.
Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: ₫992 (vs ₫1,452 in 1Q 2021)First quarter 2022 results: EPS: ₫992 (down from ₫1,452 in 1Q 2021). Revenue: ₫351.6b (down 7.9% from 1Q 2021). Net income: ₫22.2b (down 32% from 1Q 2021). Profit margin: 6.3% (down from 8.5% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 27% per year.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Chairman of Supervisory Board Nguyen Chau was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 28Full year 2021 earnings released: EPS: ₫5,061 (vs ₫5,956 in FY 2020)Full year 2021 results: EPS: ₫5,061 (down from ₫5,956 in FY 2020). Revenue: ₫1.48t (flat on FY 2020). Net income: ₫113.4b (down 15% from FY 2020). Profit margin: 7.7% (down from 9.1% in FY 2020). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jan 21Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ₫5,061 (down from ₫5,956 in FY 2020). Revenue: ₫1.48t (flat on FY 2020). Net income: ₫113.4b (down 15% from FY 2020). Profit margin: 7.7% (down from 9.1% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 24Third quarter 2021 earnings released: EPS ₫737 (vs ₫1,323 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₫268.4b (down 30% from 3Q 2020). Net income: ₫16.5b (down 44% from 3Q 2020). Profit margin: 6.2% (down from 7.8% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 06Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to ₫56,200, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 24x in the Household Products industry in Asia. Total returns to shareholders of 153% over the past three years.
Upcoming Dividend • Sep 23Upcoming dividend of ₫6,000 per shareEligible shareholders must have bought the stock before 30 September 2021. Payment date: 20 October 2021. Trailing yield: 4.2%. Lower than top quartile of Vietnamese dividend payers (6.5%). Higher than average of industry peers (1.5%).
Valuation Update With 7 Day Price Move • Sep 22Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₫77,000, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 21x in the Household Products industry in Asia. Total returns to shareholders of 226% over the past three years.
Reported Earnings • Jul 21Second quarter 2021 earnings released: EPS ₫1,561 (vs ₫1,870 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₫358.2b (down 3.1% from 2Q 2020). Net income: ₫35.0b (down 17% from 2Q 2020). Profit margin: 9.8% (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 42% per year and the company’s share price has also increased by 42% per year.
Reported Earnings • Apr 25First quarter 2021 earnings released: EPS ₫1,452 (vs ₫1,436 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: ₫381.8b (up 7.0% from 1Q 2020). Net income: ₫32.5b (up 1.1% from 1Q 2020). Profit margin: 8.5% (down from 9.0% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 43% per year whereas the company’s share price has increased by 38% per year.
Reported Earnings • Mar 24Full year 2020 earnings released: EPS ₫5,956 (vs ₫3,251 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₫1.47t (up 27% from FY 2019). Net income: ₫133.4b (up 83% from FY 2019). Profit margin: 9.1% (up from 6.3% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jan 27Full year 2020 earnings released: EPS ₫5,956 (vs ₫3,333 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₫1.47t (up 27% from FY 2019). Net income: ₫133.4b (up 79% from FY 2019). Profit margin: 9.1% (up from 6.4% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year whereas the company’s share price has increased by 36% per year.
Is New 90 Day High Low • Jan 19New 90-day low: ₫55,200The company is down 6.0% from its price of ₫59,000 on 20 October 2020. The Vietnamese market is up 25% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Household Products industry, which is down 2.0% over the same period.
Is New 90 Day High Low • Dec 23New 90-day high: ₫61,000The company is up 4.0% from its price of ₫58,500 on 24 September 2020. The Vietnamese market is up 17% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Household Products industry, which is flat over the same period.
Reported Earnings • Oct 22Third quarter earnings releasedOver the last 12 months the company has reported total profits of ₫124.7b, up 89% from the prior year. Total revenue was ₫1.46t over the last 12 months, up 33% from the prior year.
