Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-2.78%
0%
-2.78%
6 Months
-7.16%
0%
-7.16%
1 Year
-12.5%
0%
-12.5%
2 Years
-16.27%
0%
-16.27%
3 Years
-45.4%
0%
-45.4%
4 Years
-54.43%
0%
-54.43%
5 Years
-54.78%
0%
-54.78%
Thong Nhat 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)
-19.74%
EBIT Growth (5y)
-30.04%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-1.08
Sales to Capital Employed (avg)
0.37
Tax Ratio
21.73%
Dividend Payout Ratio
78.55%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0
ROE (avg)
25.86%
Valuation key factors
Factor
Value
P/E Ratio
Industry P/E
Price to Book Value
NA
EV to EBIT
-9.20
EV to EBITDA
-6.31
EV to Capital Employed
10.03
EV to Sales
-2.51
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-109.06%
ROE (Latest)
13.74%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQ
Dec'25
Sep'25
Change(%)
Net Sales
26,866.00
23,892.20
12.45%
Operating Profit (PBDIT) excl Other Income
9,846.30
11,497.50
-14.36%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Consolidate Net Profit
10,673.70
7,142.70
49.44%
Operating Profit Margin (Excl OI)
251.50%
351.10%
-9.96%
USD in Million.
Net Sales
QoQ Growth in quarter ended Dec 2025 is 12.45% vs -40.72% in Sep 2025
Consolidated Net Profit
QoQ Growth in quarter ended Dec 2025 is 49.44% vs -41.83% in Sep 2025
Annual Results Snapshot (Consolidated) - Dec'25
Dec'25
Dec'24
Change(%)
Net Sales
110,181.20
72,989.80
50.95%
Operating Profit (PBDIT) excl Other Income
43,884.40
34,033.20
28.95%
Interest
7.70
0.00
Exceptional Items
0.00
0.00
Consolidate Net Profit
35,824.60
26,098.70
37.27%
Operating Profit Margin (Excl OI)
288.00%
290.10%
-0.21%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2025 is 50.95% vs -2.06% in Dec 2024
Consolidated Net Profit
YoY Growth in year ended Dec 2025 is 37.27% vs 5.58% in Dec 2024
About Thong Nhat JSC 
Thong Nhat JSC
Miscellaneous
Thong Nhat Joint Stock Company is a Vietnam-based company primarily engaged in real estate development and operations sector. Its business activities include the development of industrial zones infrastructure, the leasing of vacant land lots and manufacturing facilities in Bau Xeo industrial park, as well as the provision of support activities to the Company's tenants, such as clean water supply, waste collection and sewage treatment. The Company is also involved in the construction of residential properties, office towers and other civil buildings for rent.
Company Coordinates 
Company Details
KCN Bau Xeo, Huyen Trang Bom , DONG NAI None : None
Registrar Details






