Dashboard
1
Company has very low debt and has enough cash to service the debt requirements
2
Poor long term growth as Net Sales has grown by an annual rate of -19.78% over the last 5 years
3
Positive results in Jun 25
4
With ROE of 6.60%, it has a fair valuation with a 0.59 Price to Book Value
5
Market Beating performance in long term as well as near term
Stock DNA
Industrial Manufacturing
VND 230,136 Million (Micro Cap)
9.00
NA
8.45%
-0.41
6.08%
1.24
Revenue and Profits:
Net Sales:
39,150 Million
(Quarterly Results - Jun 2025)
Net Profit:
3,812 Million
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
94.61%
0%
94.61%
6 Months
96.53%
0%
96.53%
1 Year
83.8%
0%
83.8%
2 Years
92.72%
0%
92.72%
3 Years
64.05%
0%
64.05%
4 Years
62.7%
0%
62.7%
5 Years
83.8%
0%
83.8%
Viettronics Tan Binh 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)
-19.78%
EBIT Growth (5y)
-16.20%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.40
Sales to Capital Employed (avg)
0.72
Tax Ratio
22.66%
Dividend Payout Ratio
84.26%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
12.08%
ROE (avg)
8.27%
Valuation key factors
Factor
Value
P/E Ratio
9
Industry P/E
Price to Book Value
0.59
EV to EBIT
2.98
EV to EBITDA
2.23
EV to Capital Employed
0.33
EV to Sales
0.29
PEG Ratio
0.55
Dividend Yield
9.00%
ROCE (Latest)
10.99%
ROE (Latest)
6.60%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
Bearish
Bollinger Bands
Mildly Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Bullish
Bullish
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
39,149.60
27,890.00
40.37%
Operating Profit (PBDIT) excl Other Income
5,085.60
3,599.30
41.29%
Interest
22.80
0.00
Exceptional Items
0.00
0.00
Consolidate Net Profit
3,812.40
2,285.40
66.82%
Operating Profit Margin (Excl OI)
95.30%
78.80%
1.65%
USD in Million.
Net Sales
YoY Growth in quarter ended Jun 2025 is 40.37% vs 11.61% in Jun 2024
Consolidated Net Profit
YoY Growth in quarter ended Jun 2025 is 66.82% vs -33.25% in Jun 2024
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
114,584.60
112,960.90
1.44%
Operating Profit (PBDIT) excl Other Income
16,870.90
16,037.80
5.19%
Interest
72.60
159.50
-54.48%
Exceptional Items
0.00
0.00
Consolidate Net Profit
11,330.80
10,709.60
5.80%
Operating Profit Margin (Excl OI)
98.30%
89.00%
0.93%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is 1.44% vs -54.52% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is 5.80% vs -52.20% in Dec 2023
About Viettronics Tan Binh JSC 
Viettronics Tan Binh JSC
Industrial Manufacturing
Viettronics TanBinh Joint Stock Company is a Vietnam-based manufacturer of consumer electronics and informatics devices. The Company also manufactures household electrical appliances, such as television sets, refrigerators, washing machines, air-conditioners and amplifiers. In addition, it provides installation, assembly, and maintenance services for information systems and electronics equipment. Other activities include the trading of office equipment and printing supplies, as well as the offering of warehousing services, logistics services, marine brokerage services and customs clearance services. As of December 31, 2012, the Company was a 55.54%-owned subsidiary of Vietnam Electronics and Informatics Corporation (VEIC), and it had four subsidiaries and one affiliate.
Company Coordinates 
Company Details
248A No Trang Long, Phuong 12, Quan Binh Thanh HO CHI MINH None : None
Registrar Details






