BXH Share Price | VICEM Haiphong Cement Packing JSC Stock Analysis & Recommendation

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

N/A

Shareholding

FII

N/A

DII

N/A

Promoter

N/A

Compare VICEM Haiphong Cement Packing JSC with Similar Stocks

Bien Hoa Packaging Co.Dong Hai JSC of Bentre

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

With a growth in Net Profit of 202.89%, the company declared Very Positive results in Sep 25

RAW MATERIAL COST(Y) Fallen by -18.3% (YoY)
CASH AND EQV(HY) Highest at VND 37,295.98 MM
DEBT-EQUITY RATIO (HY) Lowest at -34.33 %

With ROE of 1.19%, it has a expensive valuation with a 0.00 Price to Book Value

Below par performance in long term as well as near term

Mojo Parameters

Stock DNA

Industry

Packaging

Market cap

VND Million (Micro Cap)

P/E

Industry P/E

Dividend Yield

0.00%

Debt Equity

-0.34

Return on Equity

1.44%

Price to Book

0.00

Revenue and Profits:

Net Sales:

89,943 Million

(Quarterly Results - Dec 2025)

Net Profit:

270 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-31.67%

6 Months

-20.13%

1 Year

-8.89%

2 Years

-50.0%

3 Years

-11.51%

4 Years

0.0%

5 Years

2.5%

VICEM Haiphong Cement Packing JSC for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

2.88%

EBIT Growth (5y)

-151.93%

EBIT to Interest (avg)

1.57

Debt to EBITDA (avg)

0.84

Net Debt to Equity (avg)

-0.11

Sales to Capital Employed (avg)

3.37

Tax Ratio

26.52%

Dividend Payout Ratio

52.84%

Pledged Shares

Institutional Holding

ROCE (avg)

3.94%

ROE (avg)

3.28%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

EV to EBIT

54.22

EV to EBITDA

-26.72

EV to Capital Employed

-0.51

EV to Sales

-0.09

PEG Ratio

Dividend Yield

ROCE (Latest)

Negative Capital Employed

ROE (Latest)

1.19%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Moving Averages

Mildly Bearish (Daily)

KST

Bearish

Mildly Bullish

Dow Theory

Bearish

OBV

No Trend

Mildly Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot

No data for shareholding present.

Shareholding Compare (%holding)

No data for shareholding present.

Financial

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    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2025 is 31.80% vs 5.61% in Sep 2025",
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      },
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        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2025 is 9.98% vs 37.05% in Sep 2025",
        "dir": -1
      }
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      "header": [
        "Dec'25",
        "Sep'25",
        "Change(%)"
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          "val1": "89,942.90",
          "val2": "68,239.70",
          "chgp": "31.80%",
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        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "820.10",
          "val2": "463.90",
          "chgp": "76.78%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "270.10",
          "val2": "245.60",
          "chgp": "9.98%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.30%",
          "val2": "2.50%",
          "chgp": "0.48%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
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    "header": "Annual Results Snapshot (Consolidated) - Dec'25",
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        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2025 is 55.67% vs -21.65% in Dec 2024",
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      },
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        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2025 is 202.89% vs -74.98% in Dec 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
      ],
      "body": [
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          "field": "Net Sales",
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          "val2": "170,165.90",
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          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2,370.70",
          "val2": "879.70",
          "chgp": "169.49%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "389.40",
          "chgp": "-100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
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          "val1": "912.30",
          "val2": "301.20",
          "chgp": "202.89%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "4.70%",
          "val2": "-2.20%",
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]

Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQ

Dec'25

Sep'25

Change(%)

Net Sales

89,942.90

68,239.70

31.80%

Operating Profit (PBDIT) excl Other Income

820.10

463.90

76.78%

Interest

0.00

Exceptional Items

0.00

Consolidate Net Profit

270.10

245.60

9.98%

Operating Profit Margin (Excl OI)

7.30%

2.50%

0.48%

USD in Million.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Dec 2025 is 31.80% vs 5.61% in Sep 2025

Consolidated Net Profit

QoQ Growth in quarter ended Dec 2025 is 9.98% vs 37.05% in Sep 2025

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'25

Dec'25

Dec'24

Change(%)

Net Sales

264,895.50

170,165.90

55.67%

Operating Profit (PBDIT) excl Other Income

2,370.70

879.70

169.49%

Interest

0.00

389.40

-100.00%

Exceptional Items

0.00

Consolidate Net Profit

912.30

301.20

202.89%

Operating Profit Margin (Excl OI)

4.70%

-2.20%

0.69%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2025 is 55.67% vs -21.65% in Dec 2024

Consolidated Net Profit

YoY Growth in year ended Dec 2025 is 202.89% vs -74.98% in Dec 2024

All Annual Results

Company CV

About VICEM Haiphong Cement Packing JSC

VICEM Haiphong Cement Packing JSC

Packaging

Haiphong Packing VICEM Joint Stock Company is a Vietnam-based company engaged in packaging manufacture. The Company manufactures and trades cement packaging and other types of packing. It also produces, trades, as well as imports and exports materials for the packaging manufacturing industry. In addition, the Company provides rental services of offices, warehouses and grounds. The Company is a subsidiary of Vietnam Cement Industry Corporation.

Company Coordinates

Company Details

So 3 duong Ha Noi, Phuong So Dau, Quan Hong Bang HAIPHONG None : None

Tel: 84 22 53821832

http://hcpc.vn/

Registrar Details