Development Investment Construction No. 2 JSC

  • Market Cap: Micro Cap
  • Industry: Construction
  • ISIN: VN000000DC23
VND
6,800.00
600 (9.68%)
  • 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

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

stock-summaryMojo Parameters

Mojo Parameters

Stock DNA

stock-summary
Industry

Construction

stock-summary
Market cap

VND Million (Micro Cap)

stock-summary
P/E

0

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Industry P/E

NA

stock-summary
Dividend Yield

0.00%

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Debt Equity

1.49

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Return on Equity

3.45%

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Price to Book

0.00

Revenue and Profits:
Net Sales:
53,708 Million
(Quarterly Results - Mar 2026)
Net Profit:
744 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
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 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)
-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
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) - Mar'26 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Mar 2026 is 8.12% vs -21.44% in Dec 2025",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Mar 2026 is 43.05% vs -65.13% in Dec 2025",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'26",
        "Dec'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "53,708.30",
          "val2": "49,673.80",
          "chgp": "8.12%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "4,021.00",
          "val2": "2,490.90",
          "chgp": "61.43%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "3,825.10",
          "val2": "3,426.90",
          "chgp": "11.62%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "744.00",
          "val2": "520.10",
          "chgp": "43.05%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "65.90%",
          "val2": "42.00%",
          "chgp": "2.39%",
          "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 -18.34% vs 19.17% in Dec 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2025 is 4.52% vs 365.16% in Dec 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "204,338.50",
          "val2": "250,229.30",
          "chgp": "-18.34%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "20,400.90",
          "val2": "22,064.00",
          "chgp": "-7.54%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "11,736.10",
          "val2": "11,841.40",
          "chgp": "-0.89%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "4,951.90",
          "val2": "4,737.70",
          "chgp": "4.52%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "85.20%",
          "val2": "75.80%",
          "chgp": "0.94%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Mar'26 - QoQstock-summary

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.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Mar 2026 is 8.12% vs -21.44% in Dec 2025

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Mar 2026 is 43.05% vs -65.13% in Dec 2025

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

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.
Direction Arrows
Net Sales

YoY Growth in year ended Dec 2025 is -18.34% vs 19.17% in Dec 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Dec 2025 is 4.52% vs 365.16% in Dec 2024

stock-summaryCompany CV
About Development Investment Construction No. 2 JSC stock-summary
stock-summary
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 stock-summary
Company Details
So 5 duong 6 khu do thi Chi Linh, Phuong Thang Nhat VUNG TAU None : None
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Tel: 84 25 43613944
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Registrar Details