Dashboard
1
The company has declared negative results for the last 2 consecutive quarters
- OPERATING CASH FLOW(Y) Lowest at VND -95,506.13 MM
- NET SALES(HY) At VND 103,382.08 MM has Grown at -20.71%
- NET PROFIT(Q) At VND 744.02 MM has Fallen at -49.21%
2
With ROE of 6.13%, it has a fair valuation with a 0.00 Price to Book Value
3
Below par performance in long term as well as near term
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-13.85%
0%
-13.85%
6 Months
-20.0%
0%
-20.0%
1 Year
-22.22%
0%
-22.22%
2 Years
-30.86%
0%
-30.86%
3 Years
34.59%
0%
34.59%
4 Years
-47.17%
0%
-47.17%
5 Years
-62.16%
0%
-62.16%
Development Investment Construction No. 2 JSC for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
-1.61%
EBIT Growth (5y)
5.67%
EBIT to Interest (avg)
1.75
Debt to EBITDA (avg)
6.65
Net Debt to Equity (avg)
0.86
Sales to Capital Employed (avg)
0.82
Tax Ratio
29.40%
Dividend Payout Ratio
32.93%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
9.02%
ROE (avg)
9.62%
Valuation key factors
Factor
Value
P/E Ratio
Industry P/E
Price to Book Value
NA
EV to EBIT
7.27
EV to EBITDA
6.73
EV to Capital Employed
0.56
EV to Sales
0.60
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
7.67%
ROE (Latest)
6.13%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
Bearish
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Bearish
No Trend
OBV
Mildly Bearish
Mildly Bearish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Mar'26 - QoQ
Mar'26
Dec'25
Change(%)
Net Sales
53,708.30
49,673.80
8.12%
Operating Profit (PBDIT) excl Other Income
4,021.00
2,490.90
61.43%
Interest
3,825.10
3,426.90
11.62%
Exceptional Items
0.00
0.00
Consolidate Net Profit
744.00
520.10
43.05%
Operating Profit Margin (Excl OI)
65.90%
42.00%
2.39%
USD in Million.
Net Sales
QoQ Growth in quarter ended Mar 2026 is 8.12% vs -21.44% in Dec 2025
Consolidated Net Profit
QoQ Growth in quarter ended Mar 2026 is 43.05% vs -65.13% in Dec 2025
Annual Results Snapshot (Consolidated) - Dec'25
Dec'25
Dec'24
Change(%)
Net Sales
204,338.50
250,229.30
-18.34%
Operating Profit (PBDIT) excl Other Income
20,400.90
22,064.00
-7.54%
Interest
11,736.10
11,841.40
-0.89%
Exceptional Items
0.00
0.00
Consolidate Net Profit
4,951.90
4,737.70
4.52%
Operating Profit Margin (Excl OI)
85.20%
75.80%
0.94%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2025 is -18.34% vs 19.17% in Dec 2024
Consolidated Net Profit
YoY Growth in year ended Dec 2025 is 4.52% vs 365.16% in Dec 2024
About Development Investment Construction No. 2 JSC 
Development Investment Construction No. 2 JSC
Construction
Development Investment Construction Number 2 Joint Stock Company (DIC No 2) is a Vietnam-based company engaged in the construction industry. It constructs commercial, institutional, manufacturing and residential buildings, along with traffic structures and irrigational works. The Company also provides land clearing services, construction equipment rental and leasing services, as well as building equipment installation services. In addition, it manufactures and trades construction materials, such as sand, stones, concrete piles and bricks. During the year ended December 31, 2012, 99.91% of its net revenue came from construction business. As of December 31, 2012, the Company was a 42%-owned affiliate of Development Investment Construction Joint Stock Corporation.
Company Coordinates 
Company Details
So 5 duong 6 khu do thi Chi Linh, Phuong Thang Nhat VUNG TAU None : None
Registrar Details






