Dashboard
1
Low ability to service debt as the company has a high Debt to EBITDA ratio of 2.26 times
- Poor long term growth as Operating profit has grown by an annual rate 24.33% of over the last 5 years
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 2.26 times
- The company has been able to generate a Return on Equity (avg) of 1.64% signifying low profitability per unit of shareholders funds
2
Poor long term growth as Operating profit has grown by an annual rate 24.33% of over the last 5 years
3
With a fall in Operating Profit of -4.55%, the company declared Very Negative results in Jun 25
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-2.61%
0%
-2.61%
6 Months
-1.64%
0%
-1.64%
1 Year
-7.72%
0%
-7.72%
2 Years
-15.06%
0%
-15.06%
3 Years
-3.55%
0%
-3.55%
4 Years
-67.81%
0%
-67.81%
5 Years
11.99%
0%
11.99%
Mirae 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)
-3.75%
EBIT Growth (5y)
24.33%
EBIT to Interest (avg)
1.61
Debt to EBITDA (avg)
2.26
Net Debt to Equity (avg)
0.22
Sales to Capital Employed (avg)
0.58
Tax Ratio
21.20%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
2.68%
ROE (avg)
1.64%
Valuation key factors
Factor
Value
P/E Ratio
35
Industry P/E
Price to Book Value
0.27
EV to EBIT
16.86
EV to EBITDA
5.99
EV to Capital Employed
0.38
EV to Sales
0.73
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
2.25%
ROE (Latest)
0.76%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
Mildly Bearish
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) - Jun'25 - YoY
Jun'25
Jun'24
Change(%)
Net Sales
102,337.30
127,914.50
-20.00%
Operating Profit (PBDIT) excl Other Income
13,563.90
15,394.30
-11.89%
Interest
2,615.60
3,729.60
-29.87%
Exceptional Items
0.00
0.00
Consolidate Net Profit
460.40
3,374.30
-86.36%
Operating Profit Margin (Excl OI)
31.30%
44.00%
-1.27%
USD in Million.
Net Sales
YoY Growth in quarter ended Jun 2025 is -20.00% vs -12.43% in Jun 2024
Consolidated Net Profit
YoY Growth in quarter ended Jun 2025 is -86.36% vs 1,151.59% in Jun 2024
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
411,624.10
493,678.60
-16.62%
Operating Profit (PBDIT) excl Other Income
58,814.50
66,912.00
-12.10%
Interest
13,882.30
12,102.00
14.71%
Exceptional Items
0.00
0.00
Consolidate Net Profit
7,309.20
9,814.90
-25.53%
Operating Profit Margin (Excl OI)
45.10%
51.20%
-0.61%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is -16.62% vs -17.58% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is -25.53% vs -41.74% in Dec 2023
About Mirae JSC 
Mirae JSC
Garments & Apparels
Mirae Joint Stock Company is a Vietnam-based company engaged in the textile industry. It manufactures cotton and fibers. The Company also manufactures, processes and trades cotton-based and fiber-based products. Its products include padding, ball fibers, carding fibers, quilts, mattresses, sleeping bags, bedspreads and pillows. In addition, the Company is involved in manufacturing, importing and marketing activities of materials, supplies, machinery and equipment for the textile and garment industries.
Company Coordinates 
Company Details
Khu pho 1B, Phuong An Phu, Thanh pho Thuan An BINH DUONG None : None
Registrar Details






