CRE

HOSEReal Estate & Construction

Bất động sản Thế Kỷ Joint Stock Company

Original Name: Công ty Cổ phần Bất động sản Thế Kỷ

Reference Price7.450 ₫

Interactive Stock Chart

Exchange Ticker: HOSE:CRE

Listing Information

Exchange MarketHOSE

Live SectorReal Estate

First Trading Date05/09/2018

First Close Price₫47,000

Capital Structure

Charter Capital4,636.79 Billion VND

Listed Shares463,678,534

Outstanding Shares463,678,426

Treasury Shares-

Professional Advisors & Auditors

Independent Auditing History

Fiscal Year	Auditing Organization
2025	Hãng Kiểm toán AASC Co., Ltd.
2024	Hãng Kiểm toán AASC Co., Ltd.
2023	Hãng Kiểm toán AASC Co., Ltd.
2022	Hãng Kiểm toán AASC Co., Ltd.
2021	Hãng Kiểm toán AASC Co., Ltd.
2020	Hãng Kiểm toán AASC Co., Ltd.
2019	Deloitte Vietnam Co., Ltd.
2018	Deloitte Vietnam Co., Ltd.

IPO & Listing Consultant

Securities SSI JSCListing Ticker Symbol: SSI

Detailed Corporate Timeline & Sectors

Establishment History:

Year 2001: Registered business establishment on August 20, 2001 with the name Truong Thanh Technology Development Joint Stock Company\
Year 2002: Started operating in the field of Real Estate brokerage. Buy a Century 21 franchise and change the company name to. Truong Thanh 21st Century Real Estate Joint Stock Company.
Year 2002 - 2008: Mainly operating in Hanoi, with a system of brokerage offices located in areas with many transactions such as CEN Dong Da, CEN Hai Ba Trung, CEN My Dinh, CEN Tay Ho... Main field of activity is brokerage for secondary sales and apartment rentals household. On September 25, 2007, the company changed its name to Century Real Estate Joint Stock Company.
2008: Century Real Estate Trading Floor was established and is one of the first 15 members of the Vietnam Real Estate Exchange Network - the predecessor of the current Vietnam Real Estate Brokerage Association.
2009: Officially became the distribution and marketing agent for the MegCEnar Residence project. It is one of the most important milestones marking a fundamental change in service strategy. Open a branch in Ho Chi Minh City. Established Century Real Estate Trading Floor - CEN Phu My Hung. The predecessor of CEN Saigon Real Estate Joint Stock Company.
Year 2012: May 19, 2012: officially launched the STDA Real Estate Project Supermarket model. A modern trading floor model, combining many real estate services and simultaneously listing dozens of projects across the country.
2015: STDA officially became the Real Estate Brokerage Champion, with 34% market share in Hanoi, surpassing the G5 alliance.
Year 2016: Officially launched the website Nghemoigioi.vn. Create a technology application platform to manage project warehouses, expand the scale and number of affiliated floors, connectors, and mentors across provinces and cities nationwide.
2017: CENLAND restructured and acquired member companies including: Global Star Real Estate Services Joint Stock Company (Nghemoigioi.vn); Cen Saigon Real Estate Joint Stock Company and New Star Media and Entertainment Joint Stock Company. With this structure, CENLAND has all the forces and means to firmly grasp the brokerage championship position achieved for 3 consecutive years (2015-2017). Successfully offered shares with the participation of 2 strategic shareholders, VinaCapital and Dragon Capital (accounting for 25% of the current shares). Chairman of the Board of Directors, founder of CENLAND - Mr. Nguyen Trung Vu received the Red Star award (Top 10 best entrepreneurs within 3 years).
2018: Official globalization, with the opening of the first foreign representative office in Korea. On February 27, 2018, the Company increased capital from 250 billion VND to 500 billion VND. On March 22, 2018, the number of shareholders of the Company was 110 shareholders, becoming a Public company.

Business Sectors:

Other professional, scientific and technological activities not classified elsewhere. Details: E-commerce services
Consulting, brokerage, real estate auction, land use rights auction. Details: Real estate consulting and brokerage; Real estate management services
Real estate business, land use rights belonging to the owner, user or tenant. Details: Real estate business
Restaurants and mobile food services (CPC codes 642, 643)
Short stay services (CPC code 64110)
Travel agency (CPC code 7471)
Financial services support activities not yet classified. Details: Investment consulting
Market research and public opinion polls (CPC code 864). Details: Market research and analysis
Other education not classified elsewhere (CPC code 929) Details: Consulting and training for real estate brokers, real estate valuation, management and operation of real estate trading floors and training in advanced knowledge of real estate business
General wholesale (CPC code 622). Details: Exercising the right to wholesale distribution (not establishing a wholesale facility) of goods according to the provisions of Vietnamese law
Construction of other civil engineering works. Details: Construction of civil and industrial projects

Address: 82 Nguyen Chi Thanh, Lang Thuong Ward, Dong Da District, Hanoi City

Phone: (84-24) 62636688 Fax: (84 24) 37754599

Disclosure Officer:

Email: [email protected]

Website: https://www.cenland.vn/default.aspx

Ratio / Financial Indicator	2022	2023	2024	2025
Earnings Per Share (EPS)	₫419	₫4	₫90	₫162
Price-to-Earnings (P/E)	17.77x	1680.68x	82.67x	46.00x
Book Value Per Share (BVPS)	₫12,109	₫12,122	₫12,210	₫12,826
Price-to-Book (P/B)	0.62x	0.61x	0.61x	0.58x
Return on Equity (ROE)	3.46%	0.04%	0.74%	1.26%
Return on Assets (ROA)	2.55%	0.03%	0.58%	1.00%
Net Profit Margin	5.59%	0.22%	2.72%	5.67%
Debt-to-Equity Ratio	0.36	0.26	0.27	0.27
Current Ratio	2.56	4.42	2.97	4.99

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

-61.9% YoY

Lợi nhuận sau thuế thu nhập doanh nghiệpNet profit after tax

-61.4% YoY

TỔNG CỘNG TÀI SẢNTOTAL ASSETS

-0.9% YoY

Financial Indicator (VND)	2025	2024	2023	2022
1. Doanh thu bán hàng và cung cấp dịch vụ 1. Revenue	1,323,484,652,000	1,538,002,600,000	1,026,200,764,000	3,670,718,807,000
2. Các khoản giảm trừ doanh thu2. Deduction from revenue	-	-	92,452,222,000	195,004,585,000
3. Doanh thu thuần về bán hàng và cung cấp dịch vụ3. Net revenue	1,323,484,652,000	1,538,002,600,000	933,748,542,000	3,475,714,222,000
4. Giá vốn hàng bán 4. Cost of goods sold	1,031,840,056,000	1,248,568,714,000	750,856,864,000	2,630,339,754,000
5. Lợi nhuận gộp về bán hàng và cung cấp dịch vụ5. Gross profit	291,644,595,000	289,433,886,000	182,891,678,000	845,374,468,000
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	12,323,723,000	49,119,025,000	64,827,392,000	112,485,157,000
8. Chi phí tài chính 8. Financial expenses	74,010,125,000	91,661,140,000	89,178,157,000	149,134,996,000
Trong đó: Chi phí đi vay Of which: Interest expense	74,010,125,000	72,849,382,000	89,178,157,000	149,134,996,000
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	9,382,640,000	19,166,519,000	16,557,024,000	239,862,373,000
10. Chi phí quản lý doanh nghiệp 10. General and administrative expenses	122,250,319,000	133,438,032,000	138,154,848,000	317,901,868,000
11. Lợi nhuận thuần từ hoạt động kinh doanh11. Operating profit	98,325,234,000	94,287,221,000	3,829,040,000	250,960,388,000
12. Thu nhập khác 12. Other income	13,344,188,000	2,215,494,000	9,441,320,000	9,456,036,000
13. Chi phí khác 13. Other expenses	10,268,722,000	39,208,653,000	8,363,048,000	14,463,812,000
14. Lợi nhuận khác14. Other profit	3,075,465,000	-36,993,159,000	1,078,272,000	-5,007,776,000
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	101,400,700,000	57,294,062,000	4,907,313,000	245,952,612,000
16. Chi phí thuế TNDN hiện hành16. Current corporate income tax expenses	26,411,470,000	15,507,559,000	2,851,958,000	53,408,792,000
17. Chi phí thuế TNDN hoãn lại 17. Deferred income tax expenses (*)	-109,736,000	-	-	-1,887,166,000
18. Lợi nhuận sau thuế thu nhập doanh nghiệp18. Net profit after tax	75,098,966,000	41,786,504,000	2,055,355,000	194,430,986,000
Lợi ích của cổ đông thiểu sốMinority Interest	1,796,170,000	738,457,000	51,625,000	3,543,736,000
Lợi nhuận sau thuế của cổ đông của Công ty mẹProfit after tax for shareholders of parent company	73,302,796,000	41,048,046,000	2,003,729,000	190,887,250,000
19. Lãi cơ bản trên cổ phiếu (VNÐ)19. Earnings per share (VND)	158	89	4	631
20. Lãi suy giảm trên cổ phiếu (*)20. Diluted earnings per share	-	-	-	-

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.

CRE

Bất động sản Thế Kỷ 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

CRE — Financial Data Summary (2022–2025)

Executive Summary

Operating Performance & Profitability

Asset Structure & Financial Leverage

Cash Flow Quality