VNECO 3 Electricity Construction JSC

  • Market Cap: Micro Cap
  • Industry: Construction
  • ISIN: VN000000VE37
VND
6,400.00
500 (8.47%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

N/A

Shareholding

FII

N/A

DII

N/A

Promoter

N/A

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

Poor Management Efficiency with a low ROCE of 8.04%

  • The company has been able to generate a Return on Capital Employed (avg) of 8.04% signifying low profitability per unit of total capital (equity and debt)
2

High Debt Company with a Debt to Equity ratio (avg) at times

3

With a growth in Operating Profit of 45.06%, the company declared Very Positive results in Dec 25

4

With ROE of 1.91%, it has a fair valuation with a 0.59 Price to Book Value

5

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters

Mojo Parameters

Stock DNA

stock-summary
Industry

Construction

stock-summary
Market cap

VND 7,786 Million (Micro Cap)

stock-summary
P/E

31.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

3.79

stock-summary
Return on Equity

6.27%

stock-summary
Price to Book

0.19

Revenue and Profits:
Net Sales:
58,562 Million
(Quarterly Results - Dec 2025)
Net Profit:
4,547 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-25.58%
0%
-25.58%
6 Months
-27.27%
0%
-27.27%
1 Year
-35.35%
0%
-35.35%
2 Years
-35.35%
0%
-35.35%
3 Years
-28.09%
0%
-28.09%
4 Years
-35.35%
0%
-35.35%
5 Years
-24.71%
0%
-24.71%

VNECO 3 Electricity Construction JSC for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryNews & Corporate Actions

News

Icon
No Recent News for the Company

Announcements stock-summary

Icon
No announcement available

Corporate Actions stock-summary

Icon
No corporate action available
stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
33.13%
EBIT Growth (5y)
51.01%
EBIT to Interest (avg)
1.59
Debt to EBITDA (avg)
4.05
Net Debt to Equity (avg)
3.16
Sales to Capital Employed (avg)
1.91
Tax Ratio
62.05%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
8.04%
ROE (avg)
2.84%

Valuation key factors

Factor
Value
P/E Ratio
31
Industry P/E
Price to Book Value
0.59
EV to EBIT
15.25
EV to EBITDA
12.67
EV to Capital Employed
0.90
EV to Sales
0.40
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
5.88%
ROE (Latest)
1.91%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
Bullish
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bullish
Bearish
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshotstock-summary
Icon
No data for shareholding present.
Shareholding Compare (%holding) stock-summary
Icon
No data for shareholding present.
stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'25 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2025 is -12.02% vs 50.85% in Dec 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2025 is 2,493.84% vs -70.69% in Dec 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "58,562.20",
          "val2": "66,561.00",
          "chgp": "-12.02%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "6,834.40",
          "val2": "1,530.70",
          "chgp": "346.49%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1,580.80",
          "val2": "1,020.00",
          "chgp": "54.98%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "4,547.00",
          "val2": "175.30",
          "chgp": "2,493.84%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "115.60%",
          "val2": "22.40%",
          "chgp": "9.32%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Dec'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2025 is -0.78% vs 91.36% in Dec 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2025 is -49.47% vs 11.52% in Dec 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "169,543.50",
          "val2": "170,871.00",
          "chgp": "-0.78%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "6,995.00",
          "val2": "4,936.80",
          "chgp": "41.69%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "5,708.90",
          "val2": "3,485.00",
          "chgp": "63.81%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "128.60",
          "val2": "254.50",
          "chgp": "-49.47%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "37.10%",
          "val2": "24.90%",
          "chgp": "1.22%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Dec'25 - YoYstock-summary

Dec'25
Dec'24
Change(%)
Net Sales
58,562.20
66,561.00
-12.02%
Operating Profit (PBDIT) excl Other Income
6,834.40
1,530.70
346.49%
Interest
1,580.80
1,020.00
54.98%
Exceptional Items
0.00
0.00
Consolidate Net Profit
4,547.00
175.30
2,493.84%
Operating Profit Margin (Excl OI)
115.60%
22.40%
9.32%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2025 is -12.02% vs 50.85% in Dec 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2025 is 2,493.84% vs -70.69% in Dec 2024

Annual Results Snapshot (Consolidated) - Dec'25stock-summary

Dec'25
Dec'24
Change(%)
Net Sales
169,543.50
170,871.00
-0.78%
Operating Profit (PBDIT) excl Other Income
6,995.00
4,936.80
41.69%
Interest
5,708.90
3,485.00
63.81%
Exceptional Items
0.00
0.00
Consolidate Net Profit
128.60
254.50
-49.47%
Operating Profit Margin (Excl OI)
37.10%
24.90%
1.22%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in year ended Dec 2025 is -0.78% vs 91.36% in Dec 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Dec 2025 is -49.47% vs 11.52% in Dec 2024

stock-summaryCompany CV
About VNECO 3 Electricity Construction JSC stock-summary
stock-summary
VNECO 3 Electricity Construction JSC
Construction
VNECO 3 Electricity Construction Joint Stock Company (VNECO 3) is a Vietnam-based company engaged in the construction and engineering industry. The Company constructs power systems, power transmission lines, transformer stations of up to 500 Kilovolts (kV), civil and industrial projects, as well as traffic and irrigational projects. It is also involved in the manufacture of centrifugal concrete piles and pipes, as well as metalworking activities of steel structures, including coating and heat treating. In addition, it is involved in the mining and trading of sand, stones and gravels, as well as freight trucking.
Company Coordinates stock-summary
Company Details
Khoi 3 - Phuong Trung Do , VINH None : None
Registrar Details