TVN

UPCOMMaterials

Thép Việt Nam - Joint Stock Company Corporation

Original Name: Tổng Công ty Thép Việt Nam - CTCP

Reference Price9.300 ₫

Interactive Stock Chart

Exchange Ticker: UPCOM:TVN

Listing Information

Exchange MarketUPCOM

Live SectorIndustrial Manufacturing

First Trading Date18/01/2016

First Close Price₫12,700

Capital Structure

Charter Capital6,780 Billion VND

Listed Shares678,000,000

Outstanding Shares678,000,000

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.
2018	Deloitte Vietnam Co., Ltd.
2017	Hãng Kiểm toán AASC Co., Ltd.

IPO & Listing Consultant

Securities Ngân hàng Công thương Vietnam JSCListing Ticker Symbol: CTS

Detailed Corporate Timeline & Sectors

Timeline of Establishment & Development

Vietnam Steel Corporation was established on April 29, 1995 on the basis of the merger between Metal Corporation and Steel Corporation according to Decision No. 255/TTg of the Prime Minister.
Vietnam Steel Corporation was established and operates under the State Corporation model with the goal of building and developing a multi-industry business model based on steel production and trading as the foundation
The date of establishment of the Corporation according to the model of Corporation 91 (April 29 every year) was chosen by the Board of Directors of the Corporation as the anniversary of the establishment of Vietnam Steel Corporation.
On April 18, 2011, the Prime Minister signed Decision No. 552/QD-TTg on approving the equitization plan of the Parent Company - Vietnam Steel Corporation. Implementing the above Decision, Vietnam Steel Corporation conducted the initial public auction of shares.
On June 10, 2011, Hanoi Stock Exchange held an auction to sell shares for the initial public offering (IPO) of Vietnam Steel Corporation - JSC, with an average successful initial price of 10,101 VND/share.
On September 20, 2011, Vietnam Steel Corporation held a General Meeting of Shareholders to establish a joint stock company.
On October 1, 2011, Vietnam Steel Corporation was granted a joint stock company business registration certificate by the Department of Planning and Investment of Hanoi City No. 0100100047 (old number 0106000848) with charter capital of 6,780,000,000,000 copper.

Main business lines: Mining iron ore, coking coal, flux materials; production cast iron, steel and other metals and steel products; import and export of steel, materials and equipment metallurgical equipment, technology transfer and technical support; design, manufacture, construction installation of equipment for metallurgical and civil construction projects.

Address: No. 91 Lang Ha - Dong Da District - Hanoi

Phone: 84.4 3856 1767| Fax: 84.4 38561815

Disclosure Officer: Mr. Pham Cong Thao - Deputy General Director

Email: [email protected]

Website: http://www.vnsteel.vn

Ratio / Financial Indicator	2022	2023	2024	2025
Earnings Per Share (EPS)	-₫1,121	-₫425	₫457	₫852
Price-to-Earnings (P/E)	-	-	20.34x	10.92x
Book Value Per Share (BVPS)	₫14,589	₫13,685	₫13,837	₫15,232
Price-to-Book (P/B)	0.64x	0.68x	0.67x	0.61x
Return on Equity (ROE)	-7.69%	-3.11%	3.30%	5.59%
Return on Assets (ROA)	-3.27%	-1.23%	1.23%	2.06%
Net Profit Margin	-1.98%	-0.95%	0.86%	1.30%
Debt-to-Equity Ratio	1.35	1.52	1.68	1.72
Current Ratio	0.98	0.98	1.03	1.06

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

+15.5% YoY

Lợi nhuận sau thuế thu nhập doanh nghiệpNet profit after tax

TỔNG CỘNG TÀI SẢNTOTAL ASSETS

+20.8% YoY

Financial Indicator (VND)	2025	2024	2023	2022
1. Doanh thu bán hàng và cung cấp dịch vụ 1. Revenue	44,766,761,819,000	36,479,916,932,000	30,459,170,329,000	38,703,295,376,000
2. Các khoản giảm trừ doanh thu2. Deduction from revenue	308,395,250,000	325,269,659,000	154,060,008,000	211,139,730,000
3. Doanh thu thuần về bán hàng và cung cấp dịch vụ3. Net revenue	44,458,366,569,000	36,154,647,274,000	30,305,110,321,000	38,492,155,647,000
4. Giá vốn hàng bán 4. Cost of goods sold	42,638,727,572,000	34,964,804,784,000	29,305,857,206,000	37,765,574,514,000
5. Lợi nhuận gộp về bán hàng và cung cấp dịch vụ5. Gross profit	1,819,638,997,000	1,189,842,490,000	999,253,115,000	726,581,133,000
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	488,177,276,000	285,151,495,000	487,416,088,000	664,318,998,000
8. Chi phí tài chính 8. Financial expenses	391,799,507,000	360,491,183,000	421,362,181,000	476,987,878,000
Trong đó: Chi phí đi vay Of which: Interest expense	335,571,489,000	303,665,060,000	353,718,903,000	340,949,723,000
8. Phần lãi/lỗ trong công ty liên doanh, liên kết8. Share of associates and joint ventures' result	92,340,292,000	122,997,749,000	-459,267,137,000	-696,176,809,000
9. Chi phí bán hàng 9. Selling expenses	471,282,016,000	304,939,696,000	284,529,711,000	298,979,810,000
10. Chi phí quản lý doanh nghiệp 10. General and administrative expenses	912,792,786,000	725,061,572,000	614,427,319,000	673,538,162,000
11. Lợi nhuận thuần từ hoạt động kinh doanh11. Operating profit	624,282,256,000	207,499,283,000	-292,917,146,000	-754,782,529,000
12. Thu nhập khác 12. Other income	91,641,560,000	173,377,710,000	67,786,338,000	69,180,415,000
13. Chi phí khác 13. Other expenses	55,821,535,000	23,382,966,000	26,660,205,000	37,491,228,000
14. Lợi nhuận khác14. Other profit	35,820,025,000	149,994,744,000	41,126,133,000	31,689,187,000
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	660,102,281,000	357,494,027,000	-251,791,013,000	-723,093,341,000
16. Chi phí thuế TNDN hiện hành16. Current corporate income tax expenses	83,453,995,000	50,271,875,000	33,553,535,000	34,153,346,000
17. Chi phí thuế TNDN hoãn lại 17. Deferred income tax expenses (*)	-891,926,000	-2,785,479,000	2,932,478,000	3,109,019,000
18. Lợi nhuận sau thuế thu nhập doanh nghiệp18. Net profit after tax	577,540,212,000	310,007,632,000	-288,277,026,000	-760,355,705,000
Lợi ích của cổ đông thiểu sốMinority Interest	31,145,593,000	23,559,997,000	-30,586,185,000	10,832,917,000
Lợi nhuận sau thuế của cổ đông của Công ty mẹProfit after tax for shareholders of parent company	546,394,620,000	286,447,635,000	-257,690,841,000	-771,188,622,000
19. Lãi cơ bản trên cổ phiếu (VNÐ)19. Earnings per share (VND)	806	422	-380	-1,137
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.

TVN

Thép Việt Nam - Joint Stock Company Corporation

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

TVN — Financial Data Summary (2022–2025)

Executive Summary

Operating Performance & Profitability

Asset Structure & Financial Leverage

Cash Flow Quality