Development Investment Joint Stock Corporation

Development Investment Joint Stock Corporation

HHOSE:DIG
10,150.00
VND
-50.00
(-0.49%)
9.35TMarket Cap
Dec 02Next Earn
2013 Y
2014 Y
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
1,710.7
1,557.04
1,537.2
2,668.35
3,169.01
4,782.13
3,664.36
4,350.47
4,084.78
2,934.04
1,586.75
2,012.59
7,210.92
- -
Basic EPS, GAAP
123.69
110.39
20.9
135.39
390.2
660.71
677.17
1,244.07
1,568.2
222.96
183.66
177.18
988.11
- -
Free Cash Flow per Basic Share
- -
- -
-912.36
-895.61
-558.48
764.92
-511.46
-902.35
-3,168.46
-3,473.91
4,386.07
-913.84
2,411.09
- -
Dividend per Share
129.04
5.63
176.76
- -
226.07
3.12
306.1
5.33
2.25
0.07
1.62
0.01
2.88
2.81
Book Value per Share
5,898.76
5,947.24
5,838.78
5,940.86
6,128.67
6,812.99
7,473.47
8,866.16
11,466.47
11,660.75
11,833.61
12,059.76
12,522.76
12,690.4
Tangible Book Value per Share
5,875.04
5,923.7
5,814.94
5,915.12
6,090.96
6,662.46
7,352.31
8,757.77
11,180.39
11,369.48
11,582.19
11,751.91
12,274.58
12,471.13
Basic Weighted Avg Shares
440
444
426
432
503
490
577
572
629
646
646
646
654
784
Sales/Revenue/Turnover
753,024
691,031
655,225
1,151,929
1,593,711
2,345,008
2,115,744
2,487,174
2,568,689
1,896,689
1,025,747
1,300,999
4,717,667
- -
Operating Margin (%)
3.15
5.31
-0.75
14.04
13.1
13.38
18.58
13.35
18.98
19.28
10.54
8.63
18.41
- -
Depreciation Expense
- -
- -
24,904
22,497
19,228
22,807
37,441
44,887
51,221
64,799
65,689
68,328
72,607
- -
Net Income, GAAP
54,444
48,991
10,461
58,446
196,235
323,992
390,990
711,238
986,154
144,128
118,727
114,536
646,459
- -
Effective Tax Rate (%)
25.4
25.1
57.02
28.51
20.74
22.27
21.1
19.78
22.75
3.73
32.71
35.54
26.43
- -
Profit Margin (%)
7.23
7.09
1.6
5.07
12.31
13.82
18.48
28.6
38.39
7.6
11.57
8.8
13.7
- -
Working Capital
1,624,639
2,145,431
2,215,233
2,883,653
3,202,109
2,636,276
3,861,364
1,312,492
6,544,186
6,931,276
6,170,169
8,023,898
8,812,017
8,680,370
LT Debt
352,542
1,163,243
1,079,327
1,430,868
1,395,464
424,027
729,659
834,765
4,295,452
2,838,327
961,364
2,276,905
914,451
626,247
Total Equity
2,418,914
2,440,468
2,656,336
2,798,061
2,890,561
3,219,360
4,009,446
4,790,129
7,671,483
7,794,735
7,893,558
8,041,311
10,025,617
10,181,173
Return on Invested Capital (%)
0.02
1.05
0.48
1.5
3.54
5.5
8.09
3.84
3.84
1.44
0.82
0.91
4.9
- -
Return on Capital (%)
2.7
1.44
0.26
1.46
4.43
7
8.68
12.59
11.18
2.73
1.69
1.38
6.28
- -
Return on Common Equity (%)
2.25
2.06
0.36
2.19
7.07
10.89
11.05
16.39
16.17
1.92
1.56
1.48
7.28
- -

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,323,041
702,194
695,672
LT Borrowings
914,100
722,323
626,247
LT Finance Leases
351
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
796
796
796
Market Capitalization
12,585,116
10,706,740
9,354,310

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
16,636,365
15,336,390
18,170,565
Cash, Cash Equivalents & STI
3,530,178
2,462,830
5,575,511
Accounts Receivable, Net
1,723,354
1,230,552
1,222,701
Inventories
6,627,355
6,804,904
6,512,825
Total Current Liabilities
7,824,348
6,652,417
9,490,196
Payables & Accruals
- -
- -
- -
ST Debt
1,323,041
702,194
695,672
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.36%
17.92%
24.68%
Free Cash Flow
-78.07%
-83.04%
-367.03%
Net Income, GAAP
125.87%
79.31%
464.42%
Sales/Revenue/Turnover
38.97%
44.13%
262.62%
Total Cash Common Dividend
- -
8,175.21%
38,916.29%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
489
821,250
47,281
445,505
1,300,999
2025
152,827
274,311
- -
2,959,702
4,717,667
2026
144,555
613,248
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-181.3
195.54
10.95
137.22
177.18
2025
-54.69
75.11
- -
531.28
988.11
2026
-8.27
175.24
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.01
2025
- -
- -
- -
2.36
2.88
2026
0.39
0.02
- -
- -
- -

Company Description

CEO
Tin Quang Nguyen
Full Time Employees
1,787
Sector
Producer manufacturing
Industry
Industrial conglomerates
Address
Vung Tau Vietnam
IPO Date
Aug 19, 2009
Website
dic.vn
Business
Development Investment Construction Joint Stock Corporation (DIC Group) is a Vietnam-based diversified enterprise primarily engaged in real estate development, infrastructure construction, building materials manufacturing, and tourism services. Founded in 1990 and headquartered in Vung Tau City, Ba Ria - Vung Tau Province, Vietnam, the corporation operates nationwide across northern, central, and southern Vietnam, executing projects through an integrated network of subsidiaries, joint ventures, and affiliated entities. The corporation operates across four primary business segments: Real Estate Development, Construction and Engineering, Building Materials and Manufacturing, and Hospitality and Commercial Services. In Real Estate Development, the company invests in, plans, and constructs large-scale master-planned urban developments, high-rise residential condominiums, social housing, industrial parks, and eco-tourism resorts; key development projects include the Chi Linh Urban Area, Nam Vinh Yen New Urban Area, Long Tan Tourism Urban Area, Dai Phuoc Eco-Tourism Urban Area, Bac Vung Tau Urban Area, DIC Phoenix, DIC Gateway, and Chi Linh Center. In Construction and Engineering, the company provides general contracting for civil and industrial construction; develops transport, technical, and irrigation infrastructure; installs electrical and mechanical systems; and delivers architectural finishing and interior decoration services. In Building Materials and Manufacturing, the corporation manufactures and supplies ready-mix concrete, prefabricated concrete structural components, concrete block bricks, ceramic tiles, wooden and plastic doors, and hot asphalt; engages in mineral exploitation and processing of construction aggregates including stone, sand, gravel, and clay; and conducts commercial trading and distribution of clinker, cement, timber, and structural steel. In Hospitality and Commercial Services, the company provides hotel and resort operations, golf course management, real estate brokerage and appraisal, commercial space leasing, property asset management, travel services, and passenger transportation. In recent corporate developments, Development Investment Construction Joint Stock Corporation has executed a comprehensive balance-sheet restructuring and financial deleveraging program aimed at strengthening capital safety and liquidity. The corporation accelerated the early redemption and repurchase of multiple tranches of corporate bonds, including the full settlement of the DIGH2124002, DIGH2326001, and DIGH2326002 bond series to effectively clear its outstanding bond debt. To optimize asset efficiency and generate non-debt capital, the company has completed targeted project transfers and secondary divestments, notably within the Dai Phuoc Eco-Tourism Urban Area and Lam Ha Center Point developments, reallocating proceeds to advance high-priority flagship developments, particularly the Long Tan Tourism Urban Area in Dong Nai Province. Furthermore, the corporation continues to streamline operations across its construction and materials subsidiaries while integrating corporate governance reforms aligned with national sustainability and green building initiatives.