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Binh Minh Plastics JSC

Binh Minh Plastics JSC

HHOSE:BMP
138,100.00
VND
+100.00
(+0.07%)
12.52TMarket Cap
Mar 03Next Earn
Binh Minh Plastics JSC
HOSE:BMP
(Ho Chi Minh Stock Exchange)

Recent

price

138,100.00

P/E

ratio

- -

div

yld

4.71%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
VND
17,308.02
22,311.14
23,096.96
25,508.34
29,507.88
34,101.77
72,754.05
46,721.41
47,881.66
52,984.24
57,239.03
55,615.74
70,953.8
62,996.89
56,384.39
67,304.11
- -
Revenue per Share
3,362.97
3,597.9
4,404.11
4,519
4,603.05
6,338.78
13,795.63
5,676.64
5,223.62
5,164.44
6,383.82
2,618.79
8,481.08
12,716.77
12,102.99
15,010.03
- -
Basic EPS, GAAP
364.53
1,017.05
4,285.29
1,614.99
4,369.35
5,124.46
2,017.3
3,977.27
304.62
9,225.58
10,047.83
-2,321.27
8,907.26
18,871.77
9,669.53
13,351.54
5,147.64
Free Cash Flow per Basic Share
852.08
854.43
1,282.15
1,410.25
1,666.67
1,388.89
6,000
3,722.23
4,000
4,500
5,840
3,480
5,700
11,800
11,840
12,750
6,500.41
Dividend per Share
10,478.02
12,818.36
15,564.08
18,190.2
20,989.91
24,618.23
28,064.23
29,317.47
29,973.42
30,164.37
30,191.75
28,016.72
32,021.6
32,857.29
33,003.51
35,150.56
34,839.13
Book Value per Share
10,092.48
12,444.49
15,199.52
17,834.96
20,643.98
24,277.48
24,980.74
26,175.63
26,811.16
29,931.09
30,054.29
27,902.69
31,933.68
32,785.13
32,926.35
35,074.81
32,433.77
Tangible Book Value per Share
82
82
82
82
82
82
45
82
82
82
82
82
82
82
82
82
82
Basic Weighted Avg Shares
1,416,860
1,826,423
1,890,746
2,088,145
2,415,553
2,791,614
3,308,744
3,824,659
3,919,637
4,337,339
4,685,640
4,552,757
5,808,344
5,156,984
4,615,679
5,509,578
- -
Sales/Revenue/Turnover
21.82
20.64
24.6
23.29
19.55
23.97
23.52
17.33
15.52
13.86
14.9
7.36
16.84
25.83
28.5
30.2
- -
Operating Margin (%)
53,707
69,368
73,495
68,127
70,611
66,049
87,290
98,883
172,420
187,572
208,500
190,936
170,147
172,109
111,113
92,525
- -
Depreciation Expense
275,298
294,530
360,526
369,931
376,812
518,901
627,404
464,695
427,610
422,766
522,586
214,377
694,269
1,041,006
990,762
1,228,735
- -
Net Income, GAAP
12.25
23.36
24.81
25.94
21.68
21.98
19.97
20.29
19.31
20.12
20.4
20.07
20.32
20.36
20.13
20.16
- -
Effective Tax Rate (%)
19.43
16.13
19.07
17.72
15.6
18.59
18.96
12.15
10.91
9.75
11.15
4.71
11.95
20.19
21.47
22.3
- -
Profit Margin (%)
580,126
672,868
903,780
1,032,194
1,275,710
1,463,620
1,592,396
1,342,978
1,448,142
1,144,266
1,601,141
1,485,340
1,811,674
2,047,750
2,115,114
2,274,702
2,250,976
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
852,491
1,049,330
1,274,099
1,489,073
1,718,260
2,015,279
2,297,374
2,399,956
2,453,653
2,469,284
2,471,525
2,293,475
2,621,319
2,689,729
2,701,699
2,877,458
2,851,964
Total Equity
34.92
29.71
29.51
25.71
22.51
26.98
27.76
19.06
17.04
16.61
20.34
8.8
27.05
37.3
34.71
41.92
- -
Return on Invested Capital (%)
35.7
30.71
30.92
26.44
23.01
27.1
28.23
19.14
17.2
16.79
20.69
8.79
27.62
38.4
36.02
43.2
- -
Return on Capital (%)
36.12
30.97
31.03
26.78
23.5
27.8
29.1
19.79
17.62
17.18
21.15
9
28.25
39.2
36.75
44.05
- -
Return on Common Equity (%)

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
54,900
54,900
54,900
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
82
82
82
Market Capitalization
14,325,664
10,568,247
12,516,537

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,758,364
3,180,637
2,736,844
Cash, Cash Equivalents & STI
2,057,408
2,510,472
1,599,876
Accounts Receivable, Net
63,689
69,147
107,548
Inventories
524,732
475,849
805,593
Total Current Liabilities
483,662
616,409
485,868
Payables & Accruals
- -
- -
- -
ST Debt
54,900
54,900
54,900
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.81%
3.33%
6.51%
Free Cash Flow
251.63%
-101.13%
38.08%
Net Income, GAAP
24.35%
46.8%
24.02%
Sales/Revenue/Turnover
7.77%
4.48%
19.37%
Total Cash Common Dividend
33.98%
27.69%
7.69%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,002,851
1,153,200
1,406,831
1,052,797
4,615,679
2025
1,383,100
1,308,130
- -
1,286,058
5,509,578
2026
1,457,311
1,319,560
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,319.48
3,424
3,538
2,821
12,102.99
2025
3,504.85
4,030
- -
3,193
15,010.03
2026
3,713.08
4,486
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
5,739.37
11,840
2025
- -
- -
- -
6,500.96
12,750
2026
- -
- -
- -
- -
- -
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Business
Binh Minh Plastics Joint Stock Company is a Vietnam-based manufacturer specializing in the production and distribution of plastic piping systems, technical fittings, and building materials. The company's core product portfolio comprises unplasticized polyvinyl chloride (uPVC) pipes and fittings for civil drainage, electrical conduit protection, and water distribution; high-density polyethylene (HDPE) smooth-wall and corrugated pipes and fittings for municipal infrastructure, mining, and telecommunications ducting; polypropylene random copolymer (PP-R) pipes and fittings designed for hot and cold domestic and industrial water delivery; oriented unplasticized polyvinyl chloride (PVC-O) pipes engineered for high-pressure fluid transmission; solvent cements, jointing lubricants, and elastomeric rubber sealing rings; and auxiliary plastic products including industrial safety helmets, agricultural sprayers, and precision-molded components. In addition to manufacturing, the company provides technical testing, piping network design consultation, and installation support services. Binh Minh Plastics operates multiple production facilities located in Ho Chi Minh City, Binh Duong, Hung Yen, and Long An, serving civil construction, residential plumbing, municipal water supply, agricultural irrigation, and industrial infrastructure sectors across Vietnam and select export markets in Southeast Asia. Founded in 1977 and headquartered in Ho Chi Minh City, Vietnam, the company operates as a subsidiary of Nawaplastic Industries Co., Ltd., a member of Thailand's Siam Cement Group (SCG). In recent developments, Binh Minh Plastics has expanded its automated extrusion and molding capacities for large-diameter HDPE and advanced PVC-O product lines, introduced eco-friendly lead-free uPVC formulations certified to international potable water standards, implemented rooftop solar photovoltaic systems across its primary manufacturing plants to reduce carbon intensity, and deepened supply chain integration with SCG Chemicals to optimize raw material procurement and operational efficiency.