CRV Real Estate Group Joint Stock Company

CRV Real Estate Group Joint Stock Company

HHOSE:CRV
23,000.00
VND
+800.00
(+3.60%)
127.30EPS
204.27P/E
17.87TMarket Cap
2025 Y
2026 Y
TTM
Revenue per Share
3,252.92
491.06
463.09
Basic EPS, GAAP
685.07
112.86
127.28
Free Cash Flow per Basic Share
838.42
1,762.35
- -
Dividend per Share
667.81
597.49
0.07
Book Value per Share
11,178.2
11,024.74
11,070.38
Tangible Book Value per Share
11,021.65
10,888.32
10,939.15
Basic Weighted Avg Shares
675
675
680
Sales/Revenue/Turnover
2,194,917
331,626
315,126
Operating Margin (%)
28.69
13.51
11.84
Depreciation Expense
48,421
48,806
- -
Net Income, GAAP
462,252
76,215
86,615
Effective Tax Rate (%)
24.52
32.57
28.51
Profit Margin (%)
21.06
22.98
27.49
Working Capital
6,516,640
5,990,518
6,075,524
LT Debt
296,158
- -
- -
Total Equity
7,516,686
7,578,640
7,610,019
Return on Invested Capital (%)
- -
0.38
- -
Return on Capital (%)
- -
1.02
- -
Return on Common Equity (%)
- -
1.01
- -

Capital Structure

VND

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
30,000
LT Borrowings
390,000
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
672
687
687
Market Capitalization
19,836,291
19,522,156
17,872,397

Working Capital

VND

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
9,915,831
10,342,811
10,708,185
Cash, Cash Equivalents & STI
2,208,601
1,700,269
408,025
Accounts Receivable, Net
216,580
155,111
121,672
Inventories
6,879,166
7,645,833
9,553,273
Total Current Liabilities
3,891,706
4,352,292
4,632,661
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
30,000
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
0.82%
Free Cash Flow
- -
- -
110.38%
Net Income, GAAP
- -
- -
-83.51%
Sales/Revenue/Turnover
- -
- -
-84.89%
Total Cash Common Dividend
- -
- -
-10.45%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
2,194,917
2026
163,244
- -
25,474
69,437
331,626
2027
56,971
- -
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
685.07
2026
36.52
- -
15.97
28.89
112.86
2027
45.65
- -
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
667.81
2026
0.07
- -
- -
- -
597.49
2027
- -
- -
- -
- -
- -

Company Description

CEO
Thu Huyen Thi Pham
Sector
Finance
Industry
Real estate development
Address
Hanoi Vietnam
IPO Date
Oct 10, 2025
Business
CRV Real Estate Group Joint Stock Company is a Vietnam-based real estate investment, development, and asset management company primarily engaged in the construction, development, leasing, and management of residential, commercial, and integrated mixed-use urban properties. Founded in 2006 and headquartered in Hanoi, Vietnam, the company functions as a core real estate development vehicle within the Hoang Huy Group ecosystem. The company structures its core business operations into three principal divisions: Residential Real Estate Development, which encompasses the development, construction, and sales of high-rise luxury condominiums, mid-to-high-end apartments, townhouses, shophouses, and master-planned ecological urban townships, featuring flagship projects such as the Golden Land Building complex in Hanoi as well as Hoang Huy Commerce, Hoang Huy Grand Tower, Hoang Huy New City, and Hoang Huy Green River in Hai Phong; Commercial Property and Leasing Operations, which manages and leases retail shopping centers, commercial podiums, grade-A and grade-B office spaces, commercial parking facilities, and mixed-use trade centers; and Property Management and Auxiliary Services, which delivers comprehensive building administration, residential facility operations, commercial maintenance, and real estate brokerage services across its portfolio. Geographically, the company focuses its investment and property development footprint in Vietnam, primarily targeting high-growth metropolitan and economic zones across Northern Vietnam, most notably Hanoi and Hai Phong City. In recent major developments, CRV Real Estate Group Joint Stock Company has executed substantial capital structure expansions and strategic asset consolidations within the Hoang Huy Group to centralize key real estate holdings and scale project execution capabilities. The company has actively advanced its equity listing transition to the Ho Chi Minh Stock Exchange (HOSE) to broaden institutional shareholder participation and optimize corporate governance. Operationally, the company has completed construction and progressed phased unit handovers at major high-rise developments including Hoang Huy Commerce, while accelerating site development, infrastructure construction, and pre-development planning for large-scale integrated township projects, including Hoang Huy New City and Hoang Huy Green River in the Thuy Nguyen urban area of Hai Phong.