BAL

UPCOMConsumer Goods

Bao bì Bia – Rượu – Nước giải khát Joint Stock Company

Original Name: Công ty cổ phần Bao bì Bia – Rượu – Nước giải khát

Reference Price7.100 ₫

Interactive Stock Chart

Exchange Ticker: UPCOM:BAL

Listing Information

Exchange MarketUPCOM

Live SectorFood & Beverage

First Trading Date12/01/2018

First Close Price-

Capital Structure

Charter Capital20 Billion VND

Listed Shares2,000,000

Outstanding Shares2,000,000

Treasury Shares-

Professional Advisors & Auditors

Independent Auditing History

Fiscal Year	Auditing Organization
2025	kiểm toán NVA Co., Ltd.
2024	kiểm toán NVA Co., Ltd.
2023	Kiểm toán FAC Co., Ltd.
2022	Dịch vụ Tư vấn Tài chính Kế toán và Kiểm toán Nam Việt Co., Ltd.
2021	Dịch vụ Tư vấn Tài chính Kế toán và Kiểm toán Nam Việt Co., Ltd.
2020	Dịch vụ Tư vấn Tài chính Kế toán và Kiểm toán Nam Việt Co., Ltd.
2019	Dịch vụ Tư vấn Tài chính Kế toán và Kiểm toán Nam Việt Co., Ltd.
2018	Dịch vụ Tư vấn Tài chính Kế toán và Kiểm toán Nam Việt Co., Ltd.

IPO & Listing Consultant

Securities Rồng Việt JSCListing Ticker Symbol: Công ty Cổ phần Chứng khoán Rồng Việt

Detailed Corporate Timeline & Sectors

Timeline of Establishment & Development:

The predecessor of Beer - Alcohol - Beverage Packaging Joint Stock Company was Hai Phong Glass Company.
Hai Phong Glass Company was built with the help of the German Democratic Republic in 1958 and inaugurated on March 26, 1963 with the name Hai Phong Glass Factory, a central factory of the northern glass industry. According to the proposal of the Director of Hai Phong Glass Factory and Chairman of the Board of Directors of Vietnam Alcohol - Beer - Beverage Corporation, on August 1, 1996, the Ministry of Industry issued Decision No. 2134/QD-TCCB on changing the name of Hai Phong Glass Factory to Hai Phong Glass Company under Vietnam Alcohol - Beer - Beverage Corporation, with the task of organizing the production and trading of glass products and business of raw materials services. materials serving the glass industry.
Hai Phong Glass Company is a state-owned enterprise under the Vietnam Alcohol - Beer - Beverage Corporation, with independent accounting, full legal status, a bank account and a separate seal for transactions according to State regulations.
On May 12, 2004, the Minister of Industry issued Decision No. 1034/QD-TCCB on the equitization of Hai Phong Glass Company. Hai Phong Glass Company transformed into Beer - Alcohol - Beverage Packaging Joint Stock Company based on Decision No. 166/2004/QD-BCN dated December 8, 2004 of the Minister of Industry.
On May 16, 2005, the Company officially operated in the form of a Joint Stock Company under business license No. 0203001481 issued by the Department of Planning and Investment of Hai Phong City for the first time with a charter capital of 20 billion VND and the second Change of Registration Certificate issued on August 18, 2015 under business code 0200159453.

Business Sectors:

Producing and trading packaging for the beer, wine, and beverage industries;
Production and trading of specialized materials for the glass industry;
Trading in beer, wine, beverage products, raw materials, supplies and equipment for the beer, wine, and beverage industry;
Warehouse rental, loading and unloading service.

Address: No. 38 Ngo Quyen Street, May Chai Ward, Ngo Quyen District, Hai Phong City, Vietnam

Phone: 0225 3837257 Fax: 0225 3837137

Disclosure Officer:

Email: [email protected]

Website: http://www.balpac.com.vn/

Ratio / Financial Indicator	2022	2023	2024	2025
Earnings Per Share (EPS)	₫1,195	₫811	₫725	₫776
Price-to-Earnings (P/E)	5.94x	8.75x	9.79x	9.15x
Book Value Per Share (BVPS)	₫15,177	₫15,526	₫15,308	₫15,286
Price-to-Book (P/B)	0.47x	0.46x	0.46x	0.46x
Return on Equity (ROE)	7.87%	5.23%	4.74%	5.08%
Return on Assets (ROA)	7.25%	4.43%	4.13%	4.49%
Net Profit Margin	3.51%	3.61%	3.05%	4.11%
Debt-to-Equity Ratio	0.09	0.18	0.15	0.13
Current Ratio	10.66	5.52	6.78	7.75

Audited Financial Statements

Source: KB Securities (KBS) Datafeed • Updated dynamically

Show absolute values (VND)

Doanh thu thuần về bán hàng và cung cấp dịch vụNet revenue

-44.5% YoY

Lợi nhuận sau thuế thu nhập doanh nghiệpNet profit after tax

-35.1% YoY

TỔNG CỘNG TÀI SẢNTOTAL ASSETS

+4.8% YoY

Financial Indicator (VND)	2025	2024	2023	2022
1. Doanh thu bán hàng và cung cấp dịch vụ 1. Revenue	37,764,400,000	47,501,652,000	44,967,811,000	68,060,422,000
2. Các khoản giảm trừ doanh thu2. Deduction from revenue	-	-	-	-
3. Doanh thu thuần về bán hàng và cung cấp dịch vụ3. Net revenue	37,764,400,000	47,501,652,000	44,967,811,000	68,060,422,000
4. Giá vốn hàng bán 4. Cost of goods sold	28,614,016,000	37,407,070,000	37,202,291,000	59,105,947,000
5. Lợi nhuận gộp về bán hàng và cung cấp dịch vụ5. Gross profit	9,150,384,000	10,094,582,000	7,765,519,000	8,954,475,000
6. Lãi/Lỗ của hoạt động bán, thanh lý bất động sản đầu tư6. Gain/(Loss) on disposal of investment property	-	-	-	-
7. Doanh thu hoạt động tài chính 7. Financial income	646,880,000	801,679,000	942,443,000	348,394,000
8. Chi phí tài chính 8. Financial expenses	9,013,000	1,681,000	1,836,000	208,000
Trong đó: Chi phí đi vay Of which: Interest expense	-	-	-	-
8. Phần lãi/lỗ trong công ty liên doanh, liên kết8. Share of associates and joint ventures' result	-	-	-	-
9. Chi phí bán hàng 9. Selling expenses	1,429,618,000	1,673,117,000	1,127,802,000	1,273,590,000
10. Chi phí quản lý doanh nghiệp 10. General and administrative expenses	6,389,845,000	7,231,142,000	5,516,162,000	4,981,386,000
11. Lợi nhuận thuần từ hoạt động kinh doanh11. Operating profit	1,968,787,000	1,990,322,000	2,062,162,000	3,047,685,000
12. Thu nhập khác 12. Other income	-	2,761,000	1,025,000	2,572,000
13. Chi phí khác 13. Other expenses	-	121,843,000	5,850,000	32,789,000
14. Lợi nhuận khác14. Other profit	-	-119,083,000	-4,825,000	-30,217,000
Phần lợi nhuận/lỗ từ công ty liên kết liên doanhShare of associates and joint ventures' result	-	-	-	-
15. Tổng lợi nhuận kế toán trước thuế15. Profit before tax	1,968,787,000	1,871,239,000	2,057,337,000	3,017,468,000
16. Chi phí thuế TNDN hiện hành16. Current corporate income tax expenses	417,157,000	421,217,000	434,637,000	627,379,000
17. Chi phí thuế TNDN hoãn lại 17. Deferred income tax expenses (*)	-	-	-	-
18. Lợi nhuận sau thuế thu nhập doanh nghiệp18. Net profit after tax	1,551,630,000	1,450,023,000	1,622,700,000	2,390,089,000
Lợi ích của cổ đông thiểu sốMinority Interest	-	-	-	-
Lợi nhuận sau thuế của cổ đông của Công ty mẹProfit after tax for shareholders of parent company	1,551,630,000	1,450,023,000	1,622,700,000	2,390,089,000
19. Lãi cơ bản trên cổ phiếu (VNÐ)19. Earnings per share (VND)	776	725	811	1,195
20. Lãi suy giảm trên cổ phiếu (*)20. Diluted earnings per share	1,000	1,000	1,000	1,000

Data Source & Disclaimer

Data Source: Financial statement data is automatically aggregated from official disclosure feeds of listed companies through the analysis system of KB Securities Vietnam JSC (KB Securities).

Disclaimer: All financial data displayed on this website is provided for general reference purposes only. We make every effort to update accurate data but do not provide any warranty regarding its completeness or absolute reliability. The displayed figures do not constitute investment advice or an offer to trade securities. Users assume all risks and responsibilities for any financial decisions made based on the data on this website.

BAL

Bao bì Bia – Rượu – Nước giải khát Joint Stock Company

Interactive Stock Chart

Listing Information

Capital Structure

Professional Advisors & Auditors

Independent Auditing History

IPO & Listing Consultant

Detailed Corporate Timeline & Sectors

Key Financial Ratios (2025)

Historical Financial Metrics (YoY)

Financial Ratios Reference & Interpretation Guide

Audited Financial Statements

BAL — Financial Data Summary (2022–2025)

Executive Summary

Operating Performance & Profitability

Asset Structure & Financial Leverage

Cash Flow Quality