Upcoming Dividend • Jun 15
Upcoming dividend of ₫500 per share Eligible shareholders must have bought the stock before 22 June 2026. Payment date: 15 July 2026. The company last paid an ordinary dividend in July 2021. The average dividend yield among industry peers is 4.1%. Announcement • Apr 03
Thanh Dat Investment Development Joint Stock Company, Annual General Meeting, Apr 22, 2026 Thanh Dat Investment Development Joint Stock Company, Annual General Meeting, Apr 22, 2026, at 07:01 SE Asia Standard Time. Location: company headquarters - nguyen thi dinh street, phu ly ward, ninh binh province, Vietnam New Risk • Mar 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 6.1% 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 (6.1% average weekly change). Market cap is less than US$100m (₫1.02t market cap, or US$38.8m). Reported Earnings • Feb 05
Full year 2025 earnings released: EPS: ₫4,170 (vs ₫2,110 in FY 2024) Full year 2025 results: EPS: ₫4,170 (up from ₫2,110 in FY 2024). Revenue: ₫824.8b (up 67% from FY 2024). Net income: ₫252.5b (up 110% from FY 2024). Profit margin: 31% (up from 24% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 02
Third quarter 2025 earnings released: EPS: ₫457 (vs ₫775 in 3Q 2024) Third quarter 2025 results: EPS: ₫457 (down from ₫775 in 3Q 2024). Revenue: ₫149.7b (down 7.8% from 3Q 2024). Net income: ₫27.7b (down 36% from 3Q 2024). Profit margin: 19% (down from 27% in 3Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% 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 • Oct 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₫19,200, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 18x in the Construction industry in Vietnam. Total returns to shareholders of 139% over the past three years. Reported Earnings • Aug 07
Second quarter 2025 earnings released: EPS: ₫1,771 (vs ₫283 in 2Q 2024) Second quarter 2025 results: EPS: ₫1,771 (up from ₫283 in 2Q 2024). Revenue: ₫288.0b (up 333% from 2Q 2024). Net income: ₫101.8b (up ₫87.9b from 2Q 2024). Profit margin: 35% (up from 21% in 2Q 2024). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₫20,100, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 19x in the Construction industry in Vietnam. Total returns to shareholders of 62% over the past three years. New Risk • Apr 08
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 5.9% 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: Minor Risks Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (₫873.8b market cap, or US$34.1m). Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₫18,600, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 21x in the Construction industry in Vietnam. Total loss to shareholders of 26% over the past three years. Reported Earnings • Jan 27
Full year 2024 earnings released: EPS: ₫2,247 (vs ₫4,221 in FY 2023) Full year 2024 results: EPS: ₫2,247 (down from ₫4,221 in FY 2023). Revenue: ₫494.6b (down 37% from FY 2023). Net income: ₫119.6b (down 44% from FY 2023). Profit margin: 24% (down from 27% in FY 2023). The decrease in margin was driven by lower revenue. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: ₫775 (vs ₫325 in 3Q 2023) Third quarter 2024 results: EPS: ₫775 (up from ₫325 in 3Q 2023). Revenue: ₫162.4b (up 97% from 3Q 2023). Net income: ₫43.3b (up 172% from 3Q 2023). Profit margin: 27% (up from 19% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 7% per year. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₫24,100, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 19x in the Construction industry in Vietnam. Total returns to shareholders of 23% over the past three years. Reported Earnings • Jul 30
Second quarter 2024 earnings released: EPS: ₫283 (vs ₫479 in 2Q 2023) Second quarter 2024 results: EPS: ₫283 (down from ₫479 in 2Q 2023). Revenue: ₫66.5b (down 50% from 2Q 2023). Net income: ₫14.0b (down 48% from 2Q 2023). Profit margin: 21% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 10% per year. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₫34,100, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 21x in the Construction industry in Vietnam. Total returns to shareholders of 103% over the past three years. Buy Or Sell Opportunity • Jul 02
Now 18% undervalued Over the last 90 days, the stock has risen 14% to ₫29,100. The fair value is estimated to be ₫35,670, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 22%. Buy Or Sell Opportunity • Jun 24
Now 22% undervalued Over the last 90 days, the stock has risen 7.6% to ₫27,600. The fair value is estimated to be ₫35,523, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 22%. Buy Or Sell Opportunity • May 24
Now 22% undervalued Over the last 90 days, the stock has risen 14% to ₫31,600. The fair value is estimated to be ₫40,740, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 22%. Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₫30,800, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 22x in the Construction industry in Vietnam. Total returns to shareholders of 61% over the past three years. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₫23,800, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 22x in the Construction industry in Vietnam. Total returns to shareholders of 19% over the past three years. Buy Or Sell Opportunity • Mar 18
Now 25% undervalued Over the last 90 days, the stock has risen 19% to ₫29,000. The fair value is estimated to be ₫38,590, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 22%. New Risk • Oct 02
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Vietnamese stocks, typically moving 8.5% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (8.5% average weekly change). Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (₫1.16t market cap, or US$47.9m). Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₫36,000, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 31x in the Construction industry in Vietnam. Total returns to shareholders of 402% over the past three years. Reported Earnings • Apr 05
Full year 2021 earnings released Full year 2021 results: EPS: ₫4,132. Revenue: ₫693.3b (down 6.9% from FY 2020). Net income: ₫119.2b (up 3.0% from FY 2020). Profit margin: 17% (up from 16% in FY 2020). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment improved over the past week After last week's 20% share price gain to ₫51,500, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 23x in the Construction industry in Vietnam. Total returns to shareholders of 498% over the past three years. Reported Earnings • Nov 04
Third quarter 2021 earnings released: EPS ₫1,684 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₫274.3b (down 4.4% from 3Q 2020). Net income: ₫46.3b (up 24% from 3Q 2020). Profit margin: 17% (up from 13% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improved over the past week After last week's 16% share price gain to ₫47,100, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 18x in the Construction industry in Vietnam. Total returns to shareholders of 314% over the past three years. Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment improved over the past week After last week's 15% share price gain to ₫37,400, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 16x in the Construction industry in Vietnam. Total returns to shareholders of 338% over the past three years. Reported Earnings • May 02
First quarter 2021 earnings released: EPS ₫761 (vs ₫236 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: ₫130.4b (up 268% from 1Q 2020). Net income: ₫20.9b (up 228% from 1Q 2020). Profit margin: 16% (down from 18% in 1Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment improved over the past week After last week's 17% share price gain to ₫34,100, the stock is trading at a trailing P/E ratio of 17.7x, up from the previous P/E ratio of 15.2x. This compares to an average P/E of 16x in the Construction industry in Vietnam. Total returns to shareholders over the past three years are 273%. Is New 90 Day High Low • Mar 10
New 90-day high: ₫34,100 The company is up 28% from its price of ₫26,600 on 10 December 2020. The Vietnamese market is up 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 77% over the same period. Is New 90 Day High Low • Jan 05
New 90-day high: ₫29,400 The company is up 54% from its price of ₫19,100 on 07 October 2020. The Vietnamese market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 30% over the same period. Is New 90 Day High Low • Dec 15
New 90-day high: ₫27,800 The company is up 49% from its price of ₫18,700 on 15 September 2020. The Vietnamese market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 15% over the same period. Is New 90 Day High Low • Nov 25
New 90-day high: ₫25,900 The company is up 37% from its price of ₫18,900 on 27 August 2020. The Vietnamese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 16% over the same period. Valuation Update With 7 Day Price Move • Oct 27
Market bids up stock over the past week After last week's 16% share price gain to ₫23,600, the stock is trading at a trailing P/E ratio of 15.6x, up from the previous P/E ratio of 13.5x. This compares to an average P/E of 11x in the Construction industry in Vietnam. Total returns to shareholders over the past year are 92%. Valuation Update With 7 Day Price Move • Oct 24
Market bids up stock over the past week After last week's 16% share price gain to ₫23,800, the stock is trading at a trailing P/E ratio of 15.7x, up from the previous P/E ratio of 13.5x. This compares to an average P/E of 11x in the Construction industry in Vietnam. Total returns to shareholders over the past year are 94%. Is New 90 Day High Low • Oct 22
New 90-day high: ₫23,300 The company is up 74% from its price of ₫13,364 on 24 July 2020. The Vietnamese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 21% over the same period. Valuation Update With 7 Day Price Move • Oct 14
Market bids up stock over the past week After last week's 15% share price gain to ₫22,000, the stock is trading at a trailing P/E ratio of 14.5x, up from the previous P/E ratio of 12.6x. This compares to an average P/E of 11x in the Construction industry in Vietnam. Total returns to shareholders over the past year are 68%. Is New 90 Day High Low • Oct 05
New 90-day high: ₫19,400 The company is up 67% from its price of ₫11,636 on 07 July 2020. The Vietnamese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 21% over the same period.