1. Vietnam Stocks

  2. •

    Process industries

  3. •

    Textiles
Damsan Joint Stock Company

Damsan Joint Stock Company

HHOSE:ADS
7,700.00
VND
+80.00
(+1.05%)
1,341.99EPS
7.13P/E
706.65BMarket Cap
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
39,621.8
32,867.38
46,345.85
38,032.89
35,262.51
27,691
39,636.73
42,806.53
31,486.22
21,709.09
24,477.32
27,155.68
Basic EPS, GAAP
355.71
1,061.14
1,786.35
1,044.85
162.26
435.24
2,232.06
1,704.63
1,120.48
667.17
1,266.04
1,296.82
Free Cash Flow per Basic Share
1,492.97
-6,953.27
-4,949.62
-1,328.75
257.52
-429.47
2,841
1,075.41
-3,572.13
1,131.9
-667.07
-6,128.69
Dividend per Share
521.3
479.74
1,009.35
1,078.17
1,201.07
- -
872.8
265.55
137.6
1,193.36
575.27
75.27
Book Value per Share
6,773.47
7,349.51
8,496.6
8,460.04
7,545.98
7,978.01
10,780.47
12,227.17
12,644.38
11,861.99
12,628.03
13,123.23
Tangible Book Value per Share
6,724.91
7,305.45
8,469.73
8,435.16
7,523.09
7,957.11
10,762.31
12,210.92
12,632.02
11,853.81
12,621.11
13,116.94
Basic Weighted Avg Shares
33
33
32
48
48
48
38
40
52
75
76
76
Sales/Revenue/Turnover
1,301,143
1,100,976
1,502,645
1,839,106
1,705,142
1,339,010
1,513,151
1,692,564
1,641,849
1,628,961
1,869,938
2,074,551
Operating Margin (%)
3.76
4.85
5.25
4.78
1.4
2.26
7.99
5.33
8.3
5.27
10.53
8.12
Depreciation Expense
36,166
38,920
60,251
61,575
59,677
51,872
59,840
104,738
74,278
79,084
-2,193
-14,459
Net Income, GAAP
11,681
35,545
57,918
50,524
7,846
21,046
85,210
67,401
58,428
50,061
96,719
99,070
Effective Tax Rate (%)
15.7
13.18
11.51
8.24
14.06
13.02
11.55
13.09
13.27
13.22
24.61
16.53
Profit Margin (%)
0.9
3.23
3.85
2.75
0.46
1.57
5.63
3.98
3.56
3.07
5.17
4.78
Working Capital
74,285
-70,180
164,329
159,676
143,773
201,237
306,474
305,468
472,455
373,590
457,482
885,868
LT Debt
55,260
149,987
201,253
142,252
113,237
97,895
99,895
157,957
100,368
13,551
98,112
271,311
Total Equity
234,106
256,380
430,829
451,976
403,108
422,144
583,902
657,095
918,251
957,321
1,018,671
1,099,361
Return on Invested Capital (%)
- -
3.4
5.71
4
0.49
1
7.73
2.96
4.46
2.52
6.01
5.01
Return on Capital (%)
- -
6.76
7.5
6.71
3.58
4.68
8.14
6.94
5.56
4.31
6.55
6.48
Return on Common Equity (%)
- -
15.33
17.76
12.32
2.03
5.61
18.35
11.64
8.63
6.09
10.34
10.42

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
878,104
819,036
873,563
LT Borrowings
93,990
152,492
267,620
LT Finance Leases
4,122
3,677
3,691
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
76
76
76
Market Capitalization
605,046
657,759
706,651

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,786,761
2,094,013
2,156,028
Cash, Cash Equivalents & STI
508,291
559,183
516,234
Accounts Receivable, Net
281,201
242,818
199,765
Inventories
396,893
503,520
697,139
Total Current Liabilities
1,329,279
1,278,947
1,270,160
Payables & Accruals
- -
- -
- -
ST Debt
878,104
819,036
873,563
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.76%
20.25%
6.41%
Free Cash Flow
-257.9%
-305.34%
-160%
Net Income, GAAP
68.78%
69.91%
93.2%
Sales/Revenue/Turnover
5.06%
7.18%
14.79%
Total Cash Common Dividend
- -
- -
-50.92%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
389,819
391,432
365,712
482,100
1,628,961
2025
356,587
445,524
430,237
615,978
1,869,938
2026
408,192
620,144
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
108.99
79.81
94.6
380.3
667.17
2025
145.96
363.38
325.85
464.6
1,266.04
2026
179.24
327.13
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
138.36
1,193.36
2025
- -
- -
-59.54
134.81
575.27
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Dong Huy Vu
Full Time Employees
417
Sector
Process industries
Industry
Textiles
Address
Thai Binh Vietnam
IPO Date
Jun 29, 2016
Website
damsanjsc.vn
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Business
Damsan Joint Stock Company is a Vietnam-based diversified enterprise primarily engaged in textile manufacturing, renewable energy production, industrial and urban real estate development, and commercial trading. Founded in 2006 and headquartered in Thai Binh City, Thai Binh Province, Vietnam, the company operates through four core business segments: Textile Manufacturing, which produces and exports open-end (OE) cotton yarn, carded (CD) yarn, semi-combed (SE) yarn, high-grade terry towels, bath textiles, and dining napkins; Renewable Energy, which encompasses the manufacture of photovoltaic solar modules and panels through its subsidiary AD Green Energy Joint Stock Company, as well as the development, installation, and operation of commercial and industrial rooftop solar energy systems; Real Estate and Infrastructure Development, which invests in, constructs, and manages industrial clusters such as the An Ninh Industrial Cluster and Ninh An Industrial Cluster, alongside residential urban townships, commercial high-rises, and social housing projects including the Phu Xuan Urban Area and Dam San Quang Trung Tower; and Commercial Trading and Services, which engages in the import, export, and wholesale distribution of raw cotton, polyester fibers, textile fabrics, ready-made garments, and industrial textile machinery and equipment. The company caters to domestic industrial clients and exports its products internationally to key markets across Asia, North America, and Europe, including China, South Korea, Japan, and the United States. In recent developments, Damsan Joint Stock Company has expanded its green energy division by operationalizing its AD Green solar panel manufacturing facility with targeted multi-gigawatt export capacities, securing rooftop solar installation contracts across domestic industrial manufacturing facilities, and advancing the infrastructure buildout of the Ninh An Industrial Cluster and new residential phases within the Phu Xuan Urban Area to capture increasing industrial land demand and regional urbanization.