MZG

UPCOMOther Sector

Miza Joint Stock Company

Original Name: Công ty cổ phần Miza

Reference Price13.000 ₫

Interactive Stock Chart

Exchange Ticker: UPCOM:MZG

Listing Information

Exchange MarketUPCOM

Live SectorBao bì

First Trading Date12/11/2024

First Close Price₫10,000,000

Capital Structure

Charter Capital1,059.15 Billion VND

Listed Shares105,915,068

Outstanding Shares105,915,068

Treasury Shares-

Detailed Corporate Timeline & Sectors

Timeline of Establishment & Development

2010: Established Miza Joint Stock Company according to Business Registration Certificate No. 0105028958 issued by Hanoi Department of Planning and Investment for the first time on December 2, 2010. The company was established with a Green mission and the motto of sustainable development, joining hands with Vietnam and the world to protect the environment by producing recycled paper.
2012: The Company received financial support from the Hanoi Environmental Protection Fund (now the Hanoi City Development Investment Fund) because the Company's business is recycling waste paper with the amount of 10,179,000,000 VND.
2015: The company invested in new high-quality line 2 to increase processing throughout the factory
2017: Line 2 of the Company officially came into operation, increasing Miza's capacity from 7,500 tons/year. Revenue thereby increased dramatically by 100% in the period 2016-2018
2018: Contributing capital to establish Miza Nghi Son Co., Ltd. (Thanh Hoa)
2021: Complete and put into operation Miza Nghi Son Packaging Paper Factory Project

Address: Nguyen Khe small and medium industrial cluster, Nguyen Khe commune, Dong Anh district, Hanoi city

Phone:

Disclosure Officer:

Website: www.miza.vn

Ratio / Financial Indicator	2022	2023	2024	2025
Earnings Per Share (EPS)	₫641	₫590	₫685	₫1,119
Price-to-Earnings (P/E)	20.29x	22.04x	18.97x	11.61x
Book Value Per Share (BVPS)	₫10,640	₫11,230	₫11,915	₫14,031
Price-to-Book (P/B)	1.22x	1.16x	1.09x	0.93x
Return on Equity (ROE)	6.02%	5.25%	5.75%	7.98%
Return on Assets (ROA)	1.88%	1.63%	1.63%	2.28%
Net Profit Margin	2.44%	1.95%	1.63%	2.46%
Debt-to-Equity Ratio	2.21	2.22	2.52	2.51
Current Ratio	1.01	1.04	1.12	1.28

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

+73.6% YoY

Lợi nhuận sau thuế thu nhập doanh nghiệpNet profit after tax

+74.7% YoY

TỔNG CỘNG TÀI SẢNTOTAL ASSETS

+44.2% YoY

Financial Indicator (VND)	2025	2024	2023	2022
1. Doanh thu bán hàng và cung cấp dịch vụ 1. Revenue	4,828,349,841,000	4,447,676,739,000	3,205,529,347,000	2,783,260,613,000
2. Các khoản giảm trừ doanh thu2. Deduction from revenue	545,441,000	2,810,238,000	1,109,864,000	2,036,118,000
3. Doanh thu thuần về bán hàng và cung cấp dịch vụ3. Net revenue	4,827,804,400,000	4,444,866,501,000	3,204,419,483,000	2,781,224,495,000
4. Giá vốn hàng bán 4. Cost of goods sold	4,426,653,942,000	4,107,402,514,000	2,877,807,830,000	2,493,657,381,000
5. Lợi nhuận gộp về bán hàng và cung cấp dịch vụ5. Gross profit	401,150,457,000	337,463,987,000	326,611,653,000	287,567,114,000
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	28,247,308,000	19,449,800,000	22,677,086,000	18,368,247,000
8. Chi phí tài chính 8. Financial expenses	211,717,716,000	197,949,650,000	197,966,553,000	154,037,704,000
Trong đó: Chi phí đi vay Of which: Interest expense	198,357,856,000	174,642,055,000	180,343,184,000	131,754,536,000
8. Phần lãi/lỗ trong công ty liên doanh, liên kết8. Share of associates and joint ventures' result	-	-	-5,588,919,000	157,289,000
9. Chi phí bán hàng 9. Selling expenses	49,075,826,000	55,699,285,000	55,347,632,000	52,680,905,000
10. Chi phí quản lý doanh nghiệp 10. General and administrative expenses	39,251,336,000	31,470,091,000	30,440,882,000	28,117,841,000
11. Lợi nhuận thuần từ hoạt động kinh doanh11. Operating profit	129,352,888,000	71,794,761,000	59,944,753,000	71,256,200,000
12. Thu nhập khác 12. Other income	2,623,701,000	2,307,480,000	4,734,527,000	310,767,000
13. Chi phí khác 13. Other expenses	5,741,993,000	621,330,000	1,267,614,000	1,535,919,000
14. Lợi nhuận khác14. Other profit	-3,118,292,000	1,686,150,000	3,466,913,000	-1,225,152,000
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	126,234,596,000	73,480,912,000	63,411,666,000	70,031,048,000
16. Chi phí thuế TNDN hiện hành16. Current corporate income tax expenses	7,670,253,000	901,007,000	950,196,000	2,174,530,000
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	118,564,343,000	72,579,905,000	62,461,470,000	67,856,518,000
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	118,564,343,000	72,579,905,000	62,461,470,000	67,856,518,000
19. Lãi cơ bản trên cổ phiếu (VNÐ)19. Earnings per share (VND)	1,105	685	625	692
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.

MZG

Miza Joint Stock Company

Interactive Stock Chart

Listing Information

Capital Structure

Detailed Corporate Timeline & Sectors

Key Financial Ratios (2025)

Historical Financial Metrics (YoY)

Financial Ratios Reference & Interpretation Guide

Audited Financial Statements

MZG — Financial Data Summary (2022–2025)

Executive Summary

Operating Performance & Profitability

Asset Structure & Financial Leverage

Cash Flow Quality