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Bluemarq Group Joint Stock Company

Bluemarq Group Joint Stock Company

HHOSE:DXG
10,450.00
VND
-150.00
(-1.42%)
16.04TMarket Cap
Dec 02Next Earn
Bluemarq Group Joint Stock Company
HOSE:DXG
(Ho Chi Minh Stock Exchange)

Recent

price

10,450.00

P/E

ratio

- -

div

yld

0.03%

ROIC.AI

2009
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
VND
1,445.54
2,740.74
2,075.02
1,424.13
1,707.57
4,039.17
5,066.81
3,774.8
6,451.87
7,561.62
3,303.15
11,529.13
6,542.26
4,391.85
4,842.15
3,485.47
- -
Revenue per Share
649.34
235.34
297.55
344.04
566.18
916.54
1,031.64
984.45
1,636.71
1,582.3
-566.49
1,322.4
255.04
202.78
258.43
191.97
- -
Basic EPS, GAAP
-625.81
-252.58
554.04
-548.99
1,032.26
265.05
-999.78
-1,503.82
-1,483.81
-2,437.59
-993.42
1,356.3
-4,809.93
-1,154.63
-1,473.21
1,067.4
1,127.21
Free Cash Flow per Basic Share
80
490.51
27.06
8.68
53.23
92.29
95.09
392.81
661.05
623.58
492.45
342.34
400.7
89.63
10.45
82.79
3.01
Dividend per Share
2,098.42
2,222.49
2,200.54
2,458.49
2,743.32
3,260.91
4,293.57
5,000.2
6,414.94
7,978.35
7,032.32
10,020.87
10,321.87
10,498.28
10,446.36
11,220.72
11,281.38
Book Value per Share
1,602.27
1,910.3
2,139.84
2,408.84
2,741.38
3,199.01
4,230.86
4,835.77
6,257.48
7,841.67
6,727.53
9,702.7
10,058
10,267.78
10,257.5
11,097.31
11,170.21
Tangible Book Value per Share
59
104
194
241
296
345
495
763
720
769
875
875
842
848
990
1,203
1,128
Basic Weighted Avg Shares
84,909
286,386
403,503
342,591
506,181
1,394,505
2,506,517
2,879,241
4,645,319
5,813,578
2,890,654
10,089,385
5,511,715
3,724,826
4,795,471
4,191,885
- -
Sales/Revenue/Turnover
42.83
26.93
17.39
18.15
32.63
27.95
25.66
41.45
39.9
36.38
32.91
32.87
22.38
22.33
25.68
25.03
- -
Operating Margin (%)
989
3,860
3,896
3,540
3,289
3,618
8,209
15,341
24,427
38,993
56,505
69,449
85,661
81,825
58,298
67,034
- -
Depreciation Expense
38,141
24,591
57,860
82,764
167,834
336,629
537,204
750,891
1,178,427
1,216,515
-495,745
1,157,260
214,869
171,983
255,935
230,881
- -
Net Income, GAAP
19.6
40.32
25.3
25.53
20.02
17.54
19.09
18.71
18.03
21.03
747.33
36.6
30.49
66.85
37.91
17.89
- -
Effective Tax Rate (%)
44.92
8.59
14.34
24.16
33.16
24.14
21.43
26.08
25.37
20.93
-17.15
11.47
3.9
4.62
5.34
5.51
- -
Profit Margin (%)
65,907
172,205
347,666
402,806
862,626
1,470,043
3,099,422
5,113,577
6,698,143
9,789,590
9,404,521
11,998,319
15,115,931
14,612,182
15,667,035
19,622,412
19,737,627
Working Capital
7,207
12,115
116
69,714
119,109
282,586
494,135
1,871,224
2,394,395
3,336,531
3,876,368
1,517,105
3,748,480
2,698,544
3,325,422
2,650,742
2,860,773
LT Debt
150,435
457,175
579,594
663,615
1,072,227
1,771,359
3,537,355
4,653,845
6,199,094
9,227,821
9,084,041
13,381,475
14,084,932
14,186,368
15,202,281
20,882,509
21,113,456
Total Equity
15.44
7.62
8.36
12.56
20.84
22.65
19.11
18.1
20.36
15.31
0.18
9.29
2.75
0.71
1.99
2.42
- -
Return on Invested Capital (%)
18.69
9.14
10.63
11.58
12.74
13.79
13.55
8.17
9.59
6.2
-22.07
7.04
1.41
1.95
1.53
0.44
- -
Return on Capital (%)
35.66
9.37
12.09
13.92
20.52
24.47
21.14
21.28
26.74
20.29
-7.54
15.51
2.39
1.84
2.58
1.87
- -
Return on Common Equity (%)

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,145,043
2,201,796
2,306,062
LT Borrowings
2,650,742
2,618,596
2,860,773
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,268
1,268
1,268
Market Capitalization
19,021,770
16,185,190
16,041,528

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
33,913,372
34,319,278
35,409,565
Cash, Cash Equivalents & STI
3,808,185
2,278,093
5,106,411
Accounts Receivable, Net
1,346,839
1,363,576
1,345,189
Inventories
15,657,589
15,800,681
15,985,699
Total Current Liabilities
14,290,960
14,650,412
15,671,938
Payables & Accruals
- -
- -
- -
ST Debt
2,145,043
2,201,796
2,306,062
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
30.96%
19.56%
37.36%
Free Cash Flow
-138.64%
-178.55%
-187.99%
Net Income, GAAP
-37.7%
-79.16%
-9.79%
Sales/Revenue/Turnover
31.82%
37.48%
-12.59%
Total Cash Common Dividend
218.75%
136.04%
861.84%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,064,682
1,125,936
1,013,080
1,591,773
4,795,471
2025
924,929
734,007
- -
1,437,098
4,191,885
2026
1,352,551
787,618
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
33.32
33.64
31.38
164.37
258.43
2025
47.55
80.08
- -
5.65
191.97
2026
34.81
41.86
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.28
0.58
3.63
6.1
10.45
2025
1.26
-0.34
- -
3.12
82.79
2026
- -
- -
- -
- -
- -
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Business
Bluemarq Group Joint Stock Company, formerly known as Dat Xanh Group Joint Stock Company, is a Vietnam-based real estate investment, property development, and asset management corporation. Founded in 2003 and headquartered in Ho Chi Minh City, Vietnam, the company operates across the real estate and financial services sectors through four core business divisions: Bluemarq Investment, Bluemarq Development, Bluemarq Asset Management, and Dat Xanh Real Estate Services. The company provides a diversified portfolio of products and solutions, comprising residential and commercial property development, including luxury condominiums, mid-to-high-end residential apartments, transit-oriented developments, and master-planned urban townships under brand portfolios such as Gem Sky World, The Prive, Opal, Lux, and Sunview; real estate investment and capital management, including investment structuring, capital mobilization, and fund management; property and asset management services, including commercial leasing, retail space administration, and facility operations for recurring cash flow; real estate agency and transaction services, encompassing primary project marketing, nationwide sales brokerage, real estate valuation, and secondary market distribution via its Dat Xanh Services platform; and infrastructure, general construction, and building materials supply. Bluemarq Group primarily serves institutional and individual property investors, residential homebuyers, and corporate tenants across key economic regions in Vietnam, including Ho Chi Minh City, Dong Nai, Binh Duong, Long An, Bac Giang, Khanh Hoa, and Vinh Phuc. In May 2026, the company executed a major corporate restructuring and officially rebranded from Dat Xanh Group Joint Stock Company to Bluemarq Group Joint Stock Company, signaling a strategic transition from a conventional property builder into an international investment and multi-asset management platform. Alongside this reorganization, the group realigned its project pipeline to focus on high-liquidity assets situated near major transportation corridors, expanded institutional capital partnerships, streamlined landbank holdings by divesting non-core peripheral assets, and scaled its Dat Xanh brokerage network to accelerate project distribution and cash recovery.