South Basic Chemicals Joint Stock Company

South Basic Chemicals Joint Stock Company

HHOSE:CSV
23,850.00
VND
+400.00
(+1.71%)
2.57TMarket Cap
South Basic Chemicals Joint Stock Company
HOSE:CSV
(Ho Chi Minh Stock Exchange)

Recent

price

23,850.00

P/E

ratio

- -

div

yld

4.99%

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
TTM
VND
14,174.43
12,121.39
14,269.4
19,043
14,375.05
16,792.58
19,548.83
- -
Revenue per Share
2,223.05
1,617.38
1,893.77
3,207.59
1,892.66
2,159.61
1,890.94
- -
Basic EPS, GAAP
-1,400
2,172.87
768.35
1,997.71
2,806.18
1,891.32
49.94
-1,505
Free Cash Flow per Basic Share
1,241.91
828.6
400.91
673.48
1,782.63
1,095.88
1,191.32
1,191.09
Dividend per Share
8,212.87
8,853.28
10,181.26
12,218.31
12,576.93
13,523.86
14,169.2
15,686.29
Book Value per Share
4,894.65
5,621.44
7,049.26
9,185.65
9,640.37
13,507.97
14,153.31
15,670.4
Tangible Book Value per Share
111
111
111
111
110
110
110
111
Basic Weighted Avg Shares
1,566,274
1,339,414
1,576,769
2,104,252
1,588,441
1,855,579
2,160,144
- -
Sales/Revenue/Turnover
19.74
16.92
16.93
23.63
15.95
16.14
11.67
- -
Operating Margin (%)
32,447
46,192
51,521
63,520
61,414
44,596
33,896
- -
Depreciation Expense
245,647
178,721
209,261
354,439
209,139
238,636
208,948
- -
Net Income, GAAP
20.17
20.09
20.09
20.13
20.16
21.31
21.76
- -
Effective Tax Rate (%)
15.68
13.34
13.27
16.84
13.17
12.86
9.67
- -
Profit Margin (%)
524,357
537,190
639,601
958,455
1,017,900
1,159,055
1,257,233
1,417,024
Working Capital
111,960
52,137
- -
- -
- -
- -
- -
- -
LT Debt
935,747
1,004,410
1,159,711
1,428,917
1,436,227
1,554,016
1,621,619
1,793,489
Total Equity
- -
15.66
18
28.67
14.39
15.58
12.83
- -
Return on Invested Capital (%)
- -
16.5
17.34
21.78
12.36
13.74
11.21
- -
Return on Capital (%)
- -
18.95
19.9
28.64
15.27
16.55
13.66
- -
Return on Common Equity (%)

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
157,786
206,259
249,647
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
110
110
110
Market Capitalization
3,016,648
2,983,498
2,569,123

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,678,566
1,734,110
1,927,343
Cash, Cash Equivalents & STI
718,717
679,973
752,567
Accounts Receivable, Net
371,010
480,958
485,229
Inventories
484,720
475,022
549,210
Total Current Liabilities
421,334
437,220
510,319
Payables & Accruals
- -
- -
- -
ST Debt
157,786
206,259
249,647
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
10.35%
4.35%
Free Cash Flow
- -
1.17%
-97.36%
Net Income, GAAP
- -
9.43%
-12.44%
Sales/Revenue/Turnover
- -
11.98%
16.41%
Total Cash Common Dividend
- -
30.25%
8.71%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
351,247
480,504
- -
516,075
1,855,579
2025
482,475
523,585
- -
644,015
2,160,144
2026
628,311
687,300
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
422.28
604
- -
474
2,159.61
2025
474.11
567
- -
323
1,890.94
2026
388.11
1,175
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
696.7
1,095.88
2025
- -
- -
- -
1,190.95
1,191.32
2026
- -
- -
- -
- -
- -
Business
South Basic Chemicals Joint Stock Company is a Vietnam-based chemical manufacturing enterprise that specializes in the production, processing, and commercial distribution of basic inorganic chemicals, water treatment agents, and industrial chemical compounds. The company operates as a core subsidiary of the state-owned Vietnam National Chemical Group (Vinachem) and supplies raw materials to a wide spectrum of industrial sectors across Vietnam and export markets in Southeast Asia, including municipal water treatment, pulp and paper, metallurgy, textile processing, detergent manufacturing, food and beverage processing, energy generation, and electronics manufacturing. The company organizes its product offerings across several primary business lines: Chlor-Alkali and Chlorine Derivatives, comprising liquid caustic soda (sodium hydroxide), liquid chlorine, sodium hypochlorite (Javel water), and calcium hypochlorite; Industrial Acids, including hydrochloric acid, technical- and food-grade phosphoric acid, and sulfuric acid; Water Treatment Chemicals and Coagulants, comprising aluminum sulfate (alum), polyaluminum chloride (PAC), and ferric chloride; and Specialty Inorganic Salts and Industrial Chemicals, featuring sodium silicate (water glass), potassium hydroxide, magnesium sulfate, sodium bisulfite, ammonium hydroxide solution, phosphate compounds, and food additives. In addition to chemical synthesis, the company engages in mineral extraction through a bauxite mining operation located in Bao Loc, Lam Dong Province. In recent strategic developments, South Basic Chemicals initiated a comprehensive manufacturing modernization and consolidation program. In September 2025, the company broke ground on the Nhon Trach Chemical Plant Project in the Nhon Trach 6 Industrial Park, Dong Nai Province. This project facilitates the strategic relocation and integration of the company's legacy production facilities from the Bien Hoa 1 Industrial Park into a centralized, advanced manufacturing complex. The new facility is engineered to expand annual output capacity to 100,000 metric tons of caustic soda and 100,000 metric tons of sulfuric acid, while establishing production lines for high-purity, chlorine-based specialty chemicals engineered for the semiconductor, electronics, and green energy industries. To support its operational expansion and strategic capital expenditure programs, the company executed a corporate capital restructuring in 2024 through a 150 percent bonus share distribution, expanding its charter capital from VND 442 billion to over VND 1.1 trillion. South Basic Chemicals Joint Stock Company was established in 1976 and is headquartered in Ho Chi Minh City, Vietnam.