Dashboard
1
Weak Long Term Fundamental Strength as the company has not declared results in the last 6 months
- Poor long term growth as Operating profit has grown by an annual rate -238.93% of over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at times
2
With a fall in Net Profit of -19554.61%, the company declared Very Negative results in Mar 25
3
Risky -
Stock DNA
Construction
VND 481,664 Million (Small Cap)
NA (Loss Making)
NA
0.00%
2.16
-48.51%
0.83
Revenue and Profits:
Net Sales:
65,899 Million
(Quarterly Results - Mar 2025)
Net Profit:
-23,454 Million
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-17.13%
0%
-17.13%
6 Months
8.85%
0%
8.85%
1 Year
56.79%
0%
56.79%
2 Years
-15.9%
0%
-15.9%
3 Years
-38.61%
0%
-38.61%
4 Years
-52.24%
0%
-52.24%
5 Years
17.43%
0%
17.43%
Vietnam Electricity Construction 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)
-15.03%
EBIT Growth (5y)
-238.93%
EBIT to Interest (avg)
0.94
Debt to EBITDA (avg)
2,950.08
Net Debt to Equity (avg)
2.24
Sales to Capital Employed (avg)
0.40
Tax Ratio
2.71%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
2.89%
ROE (avg)
0.87%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
0.98
EV to EBIT
-19.09
EV to EBITDA
-41.04
EV to Capital Employed
0.99
EV to Sales
4.09
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-5.21%
ROE (Latest)
-42.22%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bullish
RSI
No Signal
Bearish
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bearish
Mildly Bullish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Mar'25 - YoY
Mar'25
Mar'24
Change(%)
Net Sales
65,898.60
164,344.20
-59.90%
Operating Profit (PBDIT) excl Other Income
22,216.90
40,465.20
-45.10%
Interest
30,393.40
23,540.90
29.11%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-23,453.90
1,461.10
-1,705.22%
Operating Profit Margin (Excl OI)
109.70%
151.50%
-4.18%
USD in Million.
Net Sales
YoY Growth in quarter ended Mar 2025 is -59.90% vs -34.51% in Mar 2024
Consolidated Net Profit
YoY Growth in quarter ended Mar 2025 is -1,705.22% vs -47.32% in Mar 2024
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
700,626.50
1,057,690.60
-33.76%
Operating Profit (PBDIT) excl Other Income
-31,193.70
166,089.30
-118.78%
Interest
166,809.20
127,884.90
30.44%
Exceptional Items
1,963.50
0.00
Consolidate Net Profit
-265,801.30
-28,540.00
-831.33%
Operating Profit Margin (Excl OI)
-132.20%
96.60%
-22.88%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is -33.76% vs -50.41% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is -831.33% vs -383.15% in Dec 2023
About Vietnam Electricity Construction JSC 
Vietnam Electricity Construction JSC
Construction
Vietnam Electricity Construction Joint Stock Corporation (VNECO) is a Vietnam-based company engaged in the construction of electricity works. It constructs electricity transmission networks, hydroelectricity plants, transformer stations and other related structures, as well as manufactures and installs fabricated steel structures. The Company is also engaged in electricity generation and trading, along with the construction of residential, industrial, manufacturing and commercial buildings. It is involved in real estate operations and the leasing of houses, offices and retail spaces. Other activities include hotel and tour operations. As of December 31, 2011, the Company had nine subsidiaries and six affiliates.
Company Coordinates 
Company Details
So 344 Phan Chau Trinh, Phuong Binh Thuan, Quan Hai Chau DA NANG None : None
Registrar Details






