SSH

UPCOMReal Estate & Construction

Development Sunshine Homes Joint Stock Company

Original Name: Công ty cổ phần Phát triển Sunshine Homes

Reference Price60.100 ₫

Interactive Stock Chart

Exchange Ticker: UPCOM:SSH

Listing Information

Exchange MarketUPCOM

Live SectorReal Estate

First Trading Date04/08/2021

First Close Price₫30,200

Capital Structure

Charter Capital3,750 Billion VND

Listed Shares375,000,000

Outstanding Shares974,787,308

Treasury Shares-

Detailed Corporate Timeline & Sectors

Timeline of Establishment & Development:

Sunshine Homes Development Joint Stock Company was established on March 9, 2015 with a charter capital of 100 billion VND.
In January 2016 and October 2018, Sunshine Homes increased capital through issuance to existing shareholders. Current charter capital is VND 2,500 billion

Business Sectors:

Building a house to live in
Specialized design activities Details: Interior decoration activities (excluding construction design services)
Short-day accommodation service. Details: Hotels Villas or apartments providing short-term accommodation services Guest houses, motels providing short-term accommodation services
Wholesale of metals and metal ores
Restaurants and mobile food services
Real estate business, land use rights belonging to the owner, user or tenant Details: Real estate business
Consulting, brokerage, real estate auction, land use rights auction Details: -Real estate brokerage services; -Real estate trading floor services; -Real estate consulting services; -Real estate management (For conditional business lines, Enterprises only do business when they meet the conditions prescribed by law)
Demolition
...

Address: 9th floor, Sunshine Center building, 16 Pham Hung, My Dinh 2 ward, Nam Tu Liem district, Hanoi city

Phone: 0247.302.5888

Disclosure Officer:

Email: ''

Website: https://ssh.vn/

Ratio / Financial Indicator	2022	2023	2024	2025
Earnings Per Share (EPS)	₫338	₫1,333	₫838	-₫422
Price-to-Earnings (P/E)	177.93x	45.08x	71.70x	-
Book Value Per Share (BVPS)	₫5,407	₫5,992	₫6,688	₫6,266
Price-to-Book (P/B)	11.12x	10.03x	8.99x	9.59x
Return on Equity (ROE)	6.25%	22.25%	12.53%	-6.74%
Return on Assets (ROA)	1.70%	9.84%	5.68%	-3.39%
Net Profit Margin	38.36%	44.79%	27.85%	-68.97%
Debt-to-Equity Ratio	2.67	1.26	1.21	0.99
Current Ratio	1.55	1.88	1.90	2.13

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

-30.4% YoY

Lợi nhuận sau thuế thu nhập doanh nghiệpNet profit after tax

-225.1% YoY

TỔNG CỘNG TÀI SẢNTOTAL ASSETS

-37.2% YoY

Financial Indicator (VND)	2025	2024	2023	2022
1. Doanh thu bán hàng và cung cấp dịch vụ 1. Revenue	597,089,354,000	2,933,922,873,000	2,901,240,375,000	858,351,282,000
2. Các khoản giảm trừ doanh thu2. Deduction from revenue	-	-	-	56,578,000
3. Doanh thu thuần về bán hàng và cung cấp dịch vụ3. Net revenue	597,089,354,000	2,933,922,873,000	2,901,240,375,000	858,294,705,000
4. Giá vốn hàng bán 4. Cost of goods sold	324,210,928,000	1,574,376,287,000	1,099,120,870,000	617,620,938,000
5. Lợi nhuận gộp về bán hàng và cung cấp dịch vụ5. Gross profit	272,878,426,000	1,359,546,586,000	1,802,119,505,000	240,673,767,000
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	486,416,917,000	429,608,569,000	957,687,072,000	1,538,161,130,000
8. Chi phí tài chính 8. Financial expenses	561,572,775,000	403,659,669,000	742,165,325,000	1,018,855,899,000
Trong đó: Chi phí đi vay Of which: Interest expense	506,647,193,000	338,070,241,000	533,011,393,000	732,005,653,000
8. Phần lãi/lỗ trong công ty liên doanh, liên kết8. Share of associates and joint ventures' result	-321,795,987,000	-6,739,374,000	2,316,692,000	5,072,119,000
9. Chi phí bán hàng 9. Selling expenses	41,339,601,000	209,308,454,000	256,354,944,000	83,717,702,000
10. Chi phí quản lý doanh nghiệp 10. General and administrative expenses	154,205,463,000	138,060,408,000	133,381,248,000	149,936,730,000
11. Lợi nhuận thuần từ hoạt động kinh doanh11. Operating profit	-319,618,484,000	1,031,387,250,000	1,630,221,752,000	531,396,685,000
12. Thu nhập khác 12. Other income	6,312,863,000	34,367,142,000	28,688,560,000	2,953,141,000
13. Chi phí khác 13. Other expenses	33,458,716,000	36,587,681,000	32,020,970,000	95,158,591,000
14. Lợi nhuận khác14. Other profit	-27,145,853,000	-2,220,538,000	-3,332,410,000	-92,205,450,000
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	-346,764,337,000	1,029,166,712,000	1,626,889,342,000	439,191,235,000
16. Chi phí thuế TNDN hiện hành16. Current corporate income tax expenses	43,940,958,000	212,269,464,000	330,382,140,000	106,771,867,000
17. Chi phí thuế TNDN hoãn lại 17. Deferred income tax expenses (*)	21,098,585,000	-172,164,000	-2,986,596,000	3,158,760,000
18. Lợi nhuận sau thuế thu nhập doanh nghiệp18. Net profit after tax	-411,803,880,000	817,069,411,000	1,299,493,798,000	329,260,609,000
Lợi ích của cổ đông thiểu sốMinority Interest	-12,517,929,000	12,716,766,000	138,258,501,000	18,436,226,000
Lợi nhuận sau thuế của cổ đông của Công ty mẹProfit after tax for shareholders of parent company	-399,285,950,000	804,352,645,000	1,161,235,297,000	310,824,383,000
19. Lãi cơ bản trên cổ phiếu (VNÐ)19. Earnings per share (VND)	-1,065	2,145	3,097	848
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.

SSH

Development Sunshine Homes 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

SSH — Financial Data Summary (2022–2025)

Executive Summary

Operating Performance & Profitability

Asset Structure & Financial Leverage

Cash Flow Quality