Dashboard
1
High Debt company with Weak Long Term Fundamental Strength
- The company is Net-Debt Free
- The company has been able to generate a Return on Capital Employed (avg) of 9.02% signifying low profitability per unit of total capital (equity and debt)
2
The company has declared negative results for the last 2 consecutive quarters
3
With ROE of 3.45%, it has a very expensive valuation with a 0.00 Price to Book Value
4
Underperformed the market in the last 1 year
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
9.68%
0%
9.68%
6 Months
3.03%
0%
3.03%
1 Year
-8.11%
0%
-8.11%
2 Years
-9.82%
0%
-9.82%
3 Years
38.78%
0%
38.78%
4 Years
-21.84%
0%
-21.84%
5 Years
-44.72%
0%
-44.72%
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)
-9.22%
EBIT Growth (5y)
-7.40%
EBIT to Interest (avg)
1.32
Debt to EBITDA (avg)
7.61
Net Debt to Equity (avg)
0.86
Sales to Capital Employed (avg)
0.79
Tax Ratio
42.88%
Dividend Payout Ratio
43.64%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
7.44%
ROE (avg)
9.62%
Valuation key factors
Factor
Value
P/E Ratio
Industry P/E
Price to Book Value
NA
EV to EBIT
13.28
EV to EBITDA
12.04
EV to Capital Employed
0.63
EV to Sales
0.92
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
4.73%
ROE (Latest)
3.45%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
No Trend
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






