Coteccons Construction JSC

Coteccons Construction JSC

HHOSE:CTD
65,500.00
VND
-1,000.00
(-1.50%)
7.74TMarket Cap
Dec 02Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
92,437.62
157,018.93
216,293.06
240,643.29
248,557.04
211,786.58
129,811.21
83,203.25
133,890.48
- -
188,194.59
248,564.39
307,088.47
- -
Basic EPS, GAAP
3,765.81
7,284.41
14,060.71
14,634.01
13,144.65
6,341.59
2,981.54
220.04
190.77
- -
2,768.31
4,536.51
7,045.54
- -
Free Cash Flow per Basic Share
1,195.56
11,329.98
7,406.09
8,301.21
-9,295.64
-3,708.2
-5,099.66
3,428.66
-16,779.87
- -
-4,706.93
-16,197.76
2,562.67
- -
Dividend per Share
873.6
1,921.42
2,676.63
3,389.01
3,402.35
2,043.78
2,042.9
676.35
- -
- -
- -
998.16
906.42
- -
Book Value per Share
30,603.06
35,356.37
55,084.16
64,944.75
71,763.95
75,037.53
75,352.35
75,457.81
75,648.57
75,612.75
77,975.06
80,144.24
90,621.15
90,621.15
Tangible Book Value per Share
29,396.17
34,271.17
54,267.24
64,107.97
70,903.12
74,165.23
74,512.5
74,466.52
74,624.29
74,638.43
76,062.15
76,212.78
86,736.02
86,736.02
Basic Weighted Avg Shares
83
87
96
113
115
112
112
109
109
109
112
100
112
108
Sales/Revenue/Turnover
7,633,622
13,668,916
20,782,721
27,176,837
28,560,857
23,733,028
14,558,086
9,077,915
14,536,949
- -
21,045,159
24,866,699
34,339,621
- -
Operating Margin (%)
4.47
5.48
7.32
6.14
4.69
2.55
1.47
-2.37
-1.42
- -
0.7
1.96
2.28
- -
Depreciation Expense
34,952
45,202
53,782
76,497
93,962
108,514
107,825
104,511
106,289
- -
43,545
113,700
110,788
- -
Net Income, GAAP
327,353
666,081
1,422,144
1,652,679
1,510,408
710,645
334,375
24,007
20,712
- -
309,570
453,838
787,855
- -
Effective Tax Rate (%)
23.01
20.92
19.33
19.8
19.36
20.19
21.83
36.81
40.3
- -
19.91
17.34
22.76
- -
Profit Margin (%)
4.29
4.87
6.84
6.08
5.29
2.99
2.3
0.26
0.14
- -
1.47
1.83
2.29
- -
Working Capital
1,518,156
1,926,742
4,448,266
5,763,329
6,472,086
7,017,122
7,114,573
7,076,552
7,238,416
7,280,960
6,232,862
7,257,358
9,167,627
9,167,627
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
497,729
21,117
2,826
1,541,673
1,541,673
Total Equity
2,709,392
3,242,536
6,233,628
7,306,688
7,962,493
8,469,521
8,398,669
8,247,561
8,213,962
8,271,711
8,591,267
8,962,818
9,651,884
9,651,884
Return on Invested Capital (%)
13.21
22.85
28
22.79
17.87
8.2
3.69
-0.06
-0.38
- -
2.49
3.94
4.69
- -
Return on Capital (%)
11.48
20.14
30.02
24.41
19.78
8.65
4.04
0.3
0.8
- -
3.91
5.18
7.49
- -
Return on Common Equity (%)
12.88
21.98
28.51
24.41
19.78
8.68
3.99
0.29
0.25
- -
3.67
5.17
8.47
- -

Capital Structure

VND

•

in mil. unless spec.
Dec'26
Mar'26
Jun'26
ST Debt
5,218,025
5,812,151
5,131,175
LT Borrowings
179,918
1,563,304
1,538,982
LT Finance Leases
- -
- -
2,691
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
112
107
107
Market Capitalization
8,094,115
8,662,123
7,742,660

Working Capital

VND

•

in mil. unless spec.
Dec'26
Mar'26
Jun'26
Total Current Assets
32,364,954
32,611,007
36,697,279
Cash, Cash Equivalents & STI
6,284,203
6,164,534
7,822,810
Accounts Receivable, Net
14,309,918
12,304,704
14,066,403
Inventories
7,569,293
9,067,240
9,905,753
Total Current Liabilities
24,847,828
23,593,386
27,529,651
Payables & Accruals
- -
- -
- -
ST Debt
5,218,025
5,812,151
5,131,175
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.61%
3.23%
7.69%
Free Cash Flow
- -
- -
-117.68%
Net Income, GAAP
- -
- -
73.6%
Sales/Revenue/Turnover
- -
- -
38.09%
Total Cash Common Dividend
- -
- -
1.5%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,123,956
5,659,931
4,665,852
6,595,420
21,045,159
2025
4,758,909
6,885,597
5,002,815
8,350,685
24,866,699
2026
- -
10,007,247
6,409,416
10,471,181
34,339,621

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
608.41
605.9
1,092.97
625.96
2,768.31
2025
843.4
1,011.43
543.81
1,896
4,536.51
2026
- -
2,139.05
1,116.19
1,373.47
7,045.54

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
950.47
-965.61
998.16
2026
- -
- -
951.3
-951.71
906.42

Company Description

CEO
Lam Hoang Vo
Full Time Employees
4,080
Sector
Industrial services
Industry
Engineering & construction
Address
Ho Chi Minh City Vietnam
IPO Date
Oct 21, 2010
Business
Coteccons Construction Joint Stock Company is a Vietnam-based general construction contractor and engineering services provider specializing in comprehensive building, civil engineering, and infrastructure solutions. Founded in 2004 and headquartered in Ho Chi Minh City, Vietnam, the company operates across civil, commercial, industrial, and infrastructure sectors, delivering turnkey solutions to domestic and international corporations, real estate developers, and public entities. Coteccons operates through an integrated corporate ecosystem comprising specialized subsidiaries and affiliates, including its core construction arm Unicons Investment Construction Joint Stock Company, Covestcons, Sinh Nam Metal (Vietnam) Company Limited, UG M&E (Vietnam) Limited, and GEO Foundations Vietnam Company Limited. The company’s core service and product portfolio comprises Design and Build (D&B) turnkey general contracting; civil and residential construction covering high-rise residential complexes, urban townships, luxury condominiums, and mixed-use master plans; commercial and hospitality construction encompassing grade-A office towers, retail shopping malls, integrated resorts, and hotels; industrial construction spanning advanced manufacturing facilities, high-tech cleanrooms, data centers, and logistics warehouses; specialized mechanical, electrical, and plumbing (MEP) engineering, procurement, and installation services; architectural aluminum, glass facade, and exterior building envelope systems; geotechnical engineering, deep foundation works, and underground structure construction; infrastructure contracting for airport terminals, transportation networks, and public utilities; interior fit-out and architectural finishing works; and construction project management, structural engineering, and technical consultancy services. In recent strategic developments, Coteccons has accelerated its Go Global international expansion strategy, establishing operational footprints and corporate entities across overseas markets including the United States, India, Taiwan, Saudi Arabia, Kazakhstan, and Cambodia to secure cross-border industrial and engineering contracts. To vertically integrate its specialized supply chain and capture major public infrastructure projects, the company completed the 100% equity acquisitions of Sinh Nam Metal (Vietnam) Company Limited, an architectural facade and aluminum-glass specialist, and UG M&E (Vietnam) Limited, a mechanical and electrical engineering contractor with extensive airport and mass transit project credentials, followed by the acquisition of GEO Foundations Vietnam Company Limited to reinforce deep foundation and specialized geotechnical capabilities. Furthermore, Coteccons has expanded its strategic focus on sustainable green construction and high-tech industrial manufacturing, serving as the general contractor for major landmark industrial developments, including the LEGO Group's large-scale carbon-neutral manufacturing facility in Binh Duong as well as facilities for multinational automotive and electronics manufacturers.