TDF

UPCOMReal Estate & Construction

Trung Đô Joint Stock Company

Original Name: Công ty Cổ phần Trung Đô

Reference Price9.000 ₫

Interactive Stock Chart

Exchange Ticker: UPCOM:TDF

Listing Information

Exchange MarketUPCOM

Live SectorGạch, gạch men, ngói

First Trading Date12/05/2020

First Close Price₫19,000

Capital Structure

Charter Capital375 Billion VND

Listed Shares30,000,000

Outstanding Shares37,500,000

Treasury Shares-

Professional Advisors & Auditors

Independent Auditing History

Fiscal Year	Auditing Organization
2024	Kiểm toán Nhân tâm Việt Co., Ltd.
2023	Kiểm toán Nhân tâm Việt Co., Ltd.
2022	Kiểm toán Nhân tâm Việt Co., Ltd.
2021	Kiểm toán Nhân tâm Việt Co., Ltd.
2020	Kiểm toán Nhân tâm Việt Co., Ltd.

IPO & Listing Consultant

Securities FPT JSCListing Ticker Symbol: FTS

Detailed Corporate Timeline & Sectors

Timeline of Establishment & Development:

Trung Do Joint Stock Company, formerly known as Vinh Architecture Company, was established in 1958 by the Ministry of Architecture (formerly the Ministry of Construction), to expand the scope of operations and develop the field of construction and architecture in Vinh City, Nghe An province. With more than 60 years of operation in the field of construction and construction materials, the Company has undergone 5 name changes and 3 corporate form changes to suit the mechanism, history, changes in organization, management, and fluctuations in the world economy and the Vietnamese economy.
In 1958: Vinh Architecture Company was established by the Ministry of Architecture.
In 1973: Vinh Architecture Company changed its name to Vinh Construction Company, after the Ministry of Architecture was renamed the Ministry of Construction.
In 1976: Vinh Construction Company was renamed Construction Company No. 6, directly under the Ministry of Construction with the main business lines of construction and construction materials production.
September 1, 1995: The company officially became a member of Hanoi Construction Corporation, ending 37 years as an enterprise under the Ministry of Construction.
In 2005: The company was equitized and changed its name to Construction Joint Stock Company No. 6.
June 22, 2007: The company registered to become a public company with the State Securities Commission.
In 2008: The company issued shares to increase charter capital to 37 billion VND, to meet the needs of expanding production, business and investment.
May 2008: The company changed its name to Trung Do Joint Stock Company.
2010: The company issued shares to existing shareholders, increasing charter capital to 80 billion VND.
2016: The company issued shares to pay dividends, increasing charter capital to 92.63 billion VND.
In 2017, the Company issued private shares to strategic investors, increasing charter capital to 150 billion VND.
On March 20, 2020, the Company was granted a certificate of securities registration by the Vietnam Securities Depository Center.

Business Sectors:

Construction of civil, industrial, transportation, irrigation, hydroelectric projects, airports, ports, power lines and transformer stations.
Production and sale of construction materials.
Production of all types of precast concrete structures.
Real estate business activities.

Address: 205 Le Duan, Trung Do Ward, Vinh City, Nghe An Province

Phone: (84.238) 384 4410 - Fax: (84.238) 383 0431

Disclosure Officer: Mr. Doan Quang Le - Deputy Director

Email: [email protected]

Website: http://trungdo.vn/

Ratio / Financial Indicator	2022	2023	2024	2025
Earnings Per Share (EPS)	₫2,481	₫928	₫363	₫138
Price-to-Earnings (P/E)	3.63x	9.69x	24.80x	65.31x
Book Value Per Share (BVPS)	₫20,567	₫20,479	₫20,389	₫20,523
Price-to-Book (P/B)	0.44x	0.44x	0.44x	0.44x
Return on Equity (ROE)	12.06%	4.53%	1.78%	0.67%
Return on Assets (ROA)	5.76%	2.04%	0.86%	0.33%
Net Profit Margin	13.55%	6.71%	2.84%	1.11%
Debt-to-Equity Ratio	1.10	1.22	1.07	1.06
Current Ratio	0.88	1.28	1.33	1.30

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

-32.2% YoY

Lợi nhuận sau thuế thu nhập doanh nghiệpNet profit after tax

-94.4% YoY

TỔNG CỘNG TÀI SẢNTOTAL ASSETS

-1.9% YoY

Financial Indicator (VND)	2025	2024	2023	2022
1. Doanh thu bán hàng và cung cấp dịch vụ 1. Revenue	467,955,022,000	483,049,215,000	522,796,155,000	696,344,217,000
2. Các khoản giảm trừ doanh thu2. Deduction from revenue	2,597,526,000	3,376,377,000	4,200,645,000	9,706,350,000
3. Doanh thu thuần về bán hàng và cung cấp dịch vụ3. Net revenue	465,357,496,000	479,672,839,000	518,595,510,000	686,637,867,000
4. Giá vốn hàng bán 4. Cost of goods sold	384,946,936,000	407,194,231,000	392,138,820,000	491,376,108,000
5. Lợi nhuận gộp về bán hàng và cung cấp dịch vụ5. Gross profit	80,410,560,000	72,478,607,000	126,456,690,000	195,261,759,000
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	82,637,000	248,229,000	1,570,726,000	7,902,063,000
8. Chi phí tài chính 8. Financial expenses	42,602,244,000	44,386,794,000	39,241,193,000	15,880,996,000
Trong đó: Chi phí đi vay Of which: Interest expense	42,436,943,000	43,809,672,000	39,179,840,000	15,696,760,000
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	19,586,036,000	22,183,870,000	23,984,973,000	38,472,565,000
10. Chi phí quản lý doanh nghiệp 10. General and administrative expenses	11,178,054,000	20,576,504,000	21,943,888,000	32,110,962,000
11. Lợi nhuận thuần từ hoạt động kinh doanh11. Operating profit	7,126,863,000	-14,420,331,000	42,857,362,000	116,699,298,000
12. Thu nhập khác 12. Other income	1,883,726,000	37,124,031,000	2,173,936,000	1,604,700,000
13. Chi phí khác 13. Other expenses	1,982,790,000	1,313,621,000	1,534,033,000	2,072,896,000
14. Lợi nhuận khác14. Other profit	-99,064,000	35,810,409,000	639,903,000	-468,196,000
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	7,027,799,000	21,390,078,000	43,497,265,000	116,231,101,000
16. Chi phí thuế TNDN hiện hành16. Current corporate income tax expenses	1,860,521,000	7,782,084,000	8,680,876,000	23,188,234,000
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	5,167,279,000	13,607,994,000	34,816,389,000	93,042,867,000
Lợi ích của cổ đông thiểu sốMinority Interest	198,554,000	-	-	-
Lợi nhuận sau thuế của cổ đông của Công ty mẹProfit after tax for shareholders of parent company	4,968,724,000	13,607,994,000	34,816,389,000	93,042,867,000
19. Lãi cơ bản trên cổ phiếu (VNÐ)19. Earnings per share (VND)	172	454	1,161	3,101
20. Lãi suy giảm trên cổ phiếu (*)20. Diluted earnings per share	-	0	1,000	3,000

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.

TDF

Trung Đô 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

TDF — Financial Data Summary (2022–2025)

Executive Summary

Operating Performance & Profitability

Asset Structure & Financial Leverage

Cash Flow Quality