New Risk • Jul 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₫1.25t market cap, or US$47.4m). New Risk • May 05
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 49% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₫982.6b market cap, or US$37.3m). Announcement • Apr 22
1369 Construction Joint Stock Company, Annual General Meeting, Jun 20, 2026 1369 Construction Joint Stock Company, Annual General Meeting, Jun 20, 2026. New Risk • Feb 13
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (₫1.03t market cap, or US$40.0m). Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₫14,900, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 12x in the Construction industry in Vietnam. Total returns to shareholders of 174% over the past three years. Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₫14,900, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 14x in the Construction industry in Vietnam. Total returns to shareholders of 122% over the past three years. Reported Earnings • Nov 07
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: ₫172.2b (down 40% from 3Q 2024). Net income: ₫6.31b (up 487% from 3Q 2024). Profit margin: 3.7% (up from 0.4% in 3Q 2024). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₫11,200, the stock trades at a trailing P/E ratio of 34.5x. Average trailing P/E is 19x in the Construction industry in Vietnam. Total returns to shareholders of 7.8% over the past three years. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₫7,500, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 19x in the Construction industry in Vietnam. Total loss to shareholders of 24% over the past three years. New Risk • Jul 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 5.8% 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 (5.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₫395.5b market cap, or US$15.0m). Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₫7,000, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 19x in the Construction industry in Vietnam. Total loss to shareholders of 39% over the past three years. New Risk • May 29
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 29% 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: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₫370.8b market cap, or US$14.1m). Reported Earnings • Apr 07
Full year 2024 earnings released: EPS: ₫274 (vs ₫155 in FY 2023) Full year 2024 results: EPS: ₫274 (up from ₫155 in FY 2023). Revenue: ₫1.15t (down 8.0% from FY 2023). Net income: ₫16.9b (up 76% from FY 2023). Profit margin: 1.5% (up from 0.8% in FY 2023). The increase in margin was driven by lower expenses. Announcement • Mar 12
1369 Construction Joint Stock Company, Annual General Meeting, Apr 25, 2025 1369 Construction Joint Stock Company, Annual General Meeting, Apr 25, 2025. Reported Earnings • Feb 05
Full year 2024 earnings released: EPS: ₫272 (vs ₫156 in FY 2023) Full year 2024 results: EPS: ₫272 (up from ₫156 in FY 2023). Revenue: ₫1.14t (down 8.4% from FY 2023). Net income: ₫16.8b (up 75% from FY 2023). Profit margin: 1.5% (up from 0.8% in FY 2023). The increase in margin was driven by lower expenses. Reported Earnings • Nov 05
Third quarter 2024 earnings released: EPS: ₫17.40 (vs ₫60.78 in 3Q 2023) Third quarter 2024 results: EPS: ₫17.40 (down from ₫60.78 in 3Q 2023). Revenue: ₫286.4b (down 22% from 3Q 2023). Net income: ₫1.08b (down 71% from 3Q 2023). Profit margin: 0.4% (down from 1.0% in 3Q 2023). The decrease in margin was driven by lower revenue. Reported Earnings • Aug 01
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: ₫209.2b (down 43% from 2Q 2023). Net income: ₫8.14b (up 117% from 2Q 2023). Profit margin: 3.9% (up from 1.0% in 2Q 2023). The increase in margin was driven by lower expenses. New Risk • Jun 15
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 6.9% 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 No financial data reported. Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (₫463.5b market cap, or US$19.7m). Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₫13,000, the stock trades at a trailing P/E ratio of 46.6x. Average trailing P/E is 26x in the Construction industry in Vietnam. Total returns to shareholders of 114% over the past three years. Announcement • Mar 31
An unknown buyer acquired a 6.58% stake in 1369 Construction Joint Stock Company (HNX:C69) from Pham Anh Duc. An unknown buyer acquired a 6.58% stake in 1369 Construction Joint Stock Company (HNX:C69) from Pham Anh Duc on March 24, 2022.
An unknown buyer completed the acquisition of a 6.58% stake in 1369 Construction Joint Stock Company (HNX:C69) from Pham Anh Duc on March 24, 2022. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improved over the past week After last week's 20% share price gain to ₫22,000, the stock trades at a trailing P/E ratio of 78.8x. Average trailing P/E is 23x in the Construction industry in Vietnam. Total returns to shareholders of 495% over the past three years. Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment improved over the past week After last week's 20% share price gain to ₫16,800, the stock trades at a trailing P/E ratio of 60.2x. Average trailing P/E is 17x in the Construction industry in Vietnam. Total returns to shareholders of 289% over the past three years. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improved over the past week After last week's 27% share price gain to ₫13,500, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 14x in the Construction industry in Vietnam. Total returns to shareholders of 230% over the past three years. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improved over the past week After last week's 17% share price gain to ₫12,600, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 13x in the Construction industry in Vietnam. Total returns to shareholders of 248% over the past three years. Reported Earnings • Aug 03
Second quarter 2021 earnings released: EPS ₫63.10 (vs ₫80.77 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₫95.1b (up 44% from 2Q 2020). Net income: ₫1.89b (up 56% from 2Q 2020). Profit margin: 2.0% (up from 1.8% 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 21% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₫9,300, the stock trades at a trailing P/E ratio of 17.1x. Average trailing P/E is 13x in the Construction industry in Vietnam. Total returns to shareholders of 127% over the past three years. Reported Earnings • Feb 02
Full year 2020 earnings released: EPS ₫855 (vs ₫445 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ₫327.4b (down 16% from FY 2019). Net income: ₫12.8b (up 161% from FY 2019). Profit margin: 3.9% (up from 1.3% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 19% share price gain to ₫16,900, the stock is trading at a trailing P/E ratio of 59.8x, up from the previous P/E ratio of 50.3x. This compares to an average P/E of 14x in the Construction industry in Vietnam. Total returns to shareholders over the past three years are 278%. Is New 90 Day High Low • Jan 15
New 90-day high: ₫14,800 The company is up 121% from its price of ₫6,700 on 16 October 2020. The Vietnamese market is up 25% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 42% over the same period. Is New 90 Day High Low • Dec 29
New 90-day high: ₫10,300 The company is up 16% from its price of ₫8,900 on 30 September 2020. The Vietnamese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 29% over the same period. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improved over the past week After last week's 27% share price gain to ₫10,300, the stock is trading at a trailing P/E ratio of 36.5x, up from the previous P/E ratio of 28.7x. This compares to an average P/E of 12x in the Construction industry in Vietnam. Total returns to shareholders over the past three years are 134%. Valuation Update With 7 Day Price Move • Nov 25
Market bids up stock over the past week After last week's 18% share price gain to ₫7,900, the stock is trading at a trailing P/E ratio of 28x, up from the previous P/E ratio of 23.7x. This compares to an average P/E of 10x in the Construction industry in Vietnam. Total returns to shareholders over the past three years are 69%. Reported Earnings • Oct 31
Third quarter earnings released Over the last 12 months the company has reported total profits of ₫4.24b, down 19% from the prior year. Total revenue was ₫374.3b over the last 12 months, up 42% from the prior year. Valuation Update With 7 Day Price Move • Oct 15
Market pulls back on stock over the past week After last week's 17% share price decline to ₫7,200, the stock is trading at a trailing P/E ratio of 26.1x, down from the previous P/E ratio of 31.5x. This compares to an average P/E of 11x in the Construction industry in Vietnam. Total returns to shareholders over the past three years are 30%. Announcement • Aug 29
1369 Construction Joint Stock Company announced that it expects to receive VND 150 billion in funding 1369 Construction Joint Stock Company (HNX:C69) announced a private placement of 15,000,000 shares at a price of VND 10,000 per share for gross proceeds of VND 150,000,000,000 on July 21, 2020. The transaction has been approved by board of directors under Board Resolution No. 08/NQ-HDQT. The shares will be issued at par having face value of VND 10,000 per share. 
