Dashboard
1
The company has declared Negative results for the last 6 consecutive quarters
- NET PROFIT(HY) At VND -7,058.72 MM has Grown at -419.36%
- INTEREST(HY) At VND 1,489.81 MM has Grown at 62.83%
- NET SALES(Q) At VND 29,347.16 MM has Fallen at -47.37%
2
Risky -
3
Consistent Underperformance against the benchmark over the last 3 years
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-11.54%
0%
-11.54%
6 Months
-8.0%
0%
-8.0%
1 Year
-23.33%
0%
-23.33%
2 Years
-20.69%
0%
-20.69%
3 Years
-42.5%
0%
-42.5%
4 Years
-23.33%
0%
-23.33%
5 Years
-24.59%
0%
-24.59%
Steel Structure Manufacture 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)
5.33%
EBIT Growth (5y)
-193.62%
EBIT to Interest (avg)
-1.24
Debt to EBITDA (avg)
3.52
Net Debt to Equity (avg)
0.73
Sales to Capital Employed (avg)
2.30
Tax Ratio
0
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
2.23%
ROE (avg)
3.79%
Valuation key factors
Factor
Value
P/E Ratio
Industry P/E
Price to Book Value
NA
EV to EBIT
-6.52
EV to EBITDA
-9.74
EV to Capital Employed
0.44
EV to Sales
0.18
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-6.77%
ROE (Latest)
-17.90%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
No Trend
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
29,347.20
85,266.00
-65.58%
Operating Profit (PBDIT) excl Other Income
53.20
-4,953.60
101.07%
Interest
672.50
817.30
-17.72%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-1,133.50
-5,925.20
80.87%
Operating Profit Margin (Excl OI)
-14.50%
-63.20%
4.87%
USD in Million.
Net Sales
QoQ Growth in quarter ended Mar 2026 is -65.58% vs 8.81% in Dec 2025
Consolidated Net Profit
QoQ Growth in quarter ended Mar 2026 is 80.87% vs -309.03% in Dec 2025
Annual Results Snapshot (Consolidated) - Dec'25
Dec'25
Dec'24
Change(%)
Net Sales
223,048.00
369,577.40
-39.65%
Operating Profit (PBDIT) excl Other Income
-4,634.60
8,570.50
-154.08%
Interest
3,091.30
2,486.30
24.33%
Exceptional Items
-302.90
0.00
Consolidate Net Profit
-9,682.30
4,549.40
-312.83%
Operating Profit Margin (Excl OI)
-31.00%
16.80%
-4.78%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2025 is -39.65% vs 168.67% in Dec 2024
Consolidated Net Profit
YoY Growth in year ended Dec 2025 is -312.83% vs 206.11% in Dec 2024
About Steel Structure Manufacture JSC 
Steel Structure Manufacture JSC
Ferrous Metals
Steel Structure Manufacture Joint Stock Company (VNECO.SSM) is a Vietnam-based company engaged in the engineering industry. The Company is specialized in the design, manufacturing and marketing of fabricated steel structures, prefabricated metal buildings and components, along with other mechanical modules. It also provides zinc coating services to mechanical spare parts, as well as freight transportation services, and trades, imports and exports electrical materials and equipment, construction materials and vehicles. In addition, the Company is engaged in the construction of power systems and wiring networks, as well as commercial and manufacturing buildings. It is also involved in real estate operations and development.
Company Coordinates 
Company Details
Duong so 9 Khu CN Hoa Khanh, Quan Lien Chieu DA NANG None : None
Registrar Details






