Dashboard
1
High Management Efficiency with a high ROE of 12.53%
2
Company has very low debt and has enough cash to service the debt requirements
3
With a growth in Net Profit of 290.63%, the company declared Very Positive results in Jun 25
4
With ROE of 12.46%, it has a very attractive valuation with a 1.55 Price to Book Value
Stock DNA
Realty
VND 1,071,195 Million (Small Cap)
12.00
NA
23.73%
-999,999.00
12.29%
1.49
Revenue and Profits:
Net Sales:
551,522 Million
(Quarterly Results - Jun 2025)
Net Profit:
206,822 Million
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-6.17%
0%
-6.17%
6 Months
4.01%
0%
4.01%
1 Year
10.58%
0%
10.58%
2 Years
37.52%
0%
37.52%
3 Years
42.86%
0%
42.86%
4 Years
-41.37%
0%
-41.37%
5 Years
-37.5%
0%
-37.5%
Industrial Urban Development JSC No. 2 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)
-14.60%
EBIT Growth (5y)
-23.45%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
20.32%
Dividend Payout Ratio
288.16%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
715.88%
ROE (avg)
12.53%
Valuation key factors
Factor
Value
P/E Ratio
12
Industry P/E
Price to Book Value
1.55
EV to EBIT
7.21
EV to EBITDA
6.06
EV to Capital Employed
1.95
EV to Sales
2.28
PEG Ratio
0.04
Dividend Yield
23.24%
ROCE (Latest)
27.12%
ROE (Latest)
12.46%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
Bullish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ
Jun'25
Mar'25
Change(%)
Net Sales
551,522.50
92,017.70
499.37%
Operating Profit (PBDIT) excl Other Income
262,784.10
17,717.70
1,383.17%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Consolidate Net Profit
206,822.00
8,308.30
2,389.34%
Operating Profit Margin (Excl OI)
462.30%
104.90%
35.74%
USD in Million.
Net Sales
QoQ Growth in quarter ended Jun 2025 is 499.37% vs -65.44% in Mar 2025
Consolidated Net Profit
QoQ Growth in quarter ended Jun 2025 is 2,389.34% vs -90.86% in Mar 2025
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
346,321.40
194,833.20
77.75%
Operating Profit (PBDIT) excl Other Income
130,516.50
45,057.40
189.67%
Interest
12.40
1,836.00
-99.32%
Exceptional Items
0.00
0.00
Consolidate Net Profit
88,209.20
22,581.20
290.63%
Operating Profit Margin (Excl OI)
316.90%
83.10%
23.38%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is 77.75% vs 48.79% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is 290.63% vs 64.28% in Dec 2023
About Industrial Urban Development JSC No. 2 
Industrial Urban Development JSC No. 2
Realty
Industrial Urban Development Joint Stock Company No. 2 is a Vietnam-based company engaged in the real estate development and operations industry. The Company develops houses, industrial and urban zones, residential areas, offices for rent and commercial centers for sale or lease. It also performs construction activities for such projects. In addition, it is involved in the provision of hotel, restaurant, tourism and educational services. The Company is a subsidiary of Industrial Zone Development Corporation (SONADEZI). It also announces that after acquiring more shares in Nhon Trach 2 Concrete Joint Stock Company (N2C), the Company has turned this former affiliate into its 62.16%-owned subsidiary.
Company Coordinates 
Company Details
H22 Vo Thi Sau, phuong Thong Nhat , BIEN HOA None : None
Registrar Details






