Dat Xanh Real Estate Service JSC

Dat Xanh Real Estate Service JSC

HHOSE:DXS
5,260.00
VND
+20.00
(+0.38%)
663.26EPS
18.12P/E
4.22TMarket Cap
Dec 02Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4,318.28
7,125.4
5,659.6
7,782.18
7,135.11
3,449.13
4,209.76
6,849.04
7,776.78
Basic EPS, GAAP
890.51
1,848.78
1,521.06
968.63
600.12
-290.31
242.91
606.99
401.84
Free Cash Flow per Basic Share
178.11
-1,313.08
1,647.45
-1,761.69
-4,617.09
-362.37
308.49
-351.88
-1,078.11
Dividend per Share
1,795.29
2,039.73
1,586.83
536.28
607.5
121.67
6.39
171.94
170.32
Book Value per Share
2,242.62
6,021.95
6,997.17
9,797.71
10,531.14
11,537.65
10,382.04
10,956.09
11,183.01
Tangible Book Value per Share
2,195.48
5,961.33
6,605.4
9,367.53
10,148.49
11,164.02
10,070.67
10,688.76
10,936.73
Basic Weighted Avg Shares
574
574
574
556
574
579
579
579
579
Sales/Revenue/Turnover
2,479,153
4,090,733
3,249,212
4,328,806
4,096,290
1,997,404
2,437,887
3,966,299
4,503,560
Operating Margin (%)
54.05
46.86
43.53
30.71
21.9
6.97
18.23
17
12.35
Depreciation Expense
6,392
12,157
28,416
46,696
52,588
51,855
48,678
43,559
44,040
Net Income, GAAP
511,246
1,061,393
873,251
538,796
344,529
-168,120
140,671
351,512
232,709
Effective Tax Rate (%)
20.79
20.28
21.37
27.21
19.82
- -
27.32
20.97
21.21
Profit Margin (%)
20.62
25.95
26.88
12.45
8.41
-8.42
5.77
8.86
5.17
Working Capital
1,844,477
4,427,126
5,421,091
7,291,506
8,322,960
7,814,132
7,963,188
9,282,675
9,403,871
LT Debt
959
2,263
145,346
97,178
942,179
547,675
377,961
1,026,255
1,010,773
Total Equity
2,235,162
5,078,529
5,839,337
7,763,525
8,284,884
8,102,944
8,316,413
8,832,413
9,062,491
Return on Invested Capital (%)
- -
35.03
16.4
11.06
5.11
- -
2.32
4.26
3.07
Return on Capital (%)
- -
12.54
10.45
3.95
4.05
- -
1
2.29
1.5
Return on Common Equity (%)
- -
44.74
23.37
11.18
5.9
-2.82
2.37
5.69
3.65

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,967,264
2,035,935
1,885,065
LT Borrowings
1,026,255
994,027
1,010,773
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
579
579
579
Market Capitalization
5,252,465
4,302,736
4,215,871

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
16,165,158
15,886,128
15,522,846
Cash, Cash Equivalents & STI
1,111,937
938,067
616,289
Accounts Receivable, Net
1,199,874
1,141,756
1,115,969
Inventories
5,113,029
5,144,786
5,250,251
Total Current Liabilities
6,882,483
6,385,481
6,118,974
Payables & Accruals
- -
- -
- -
ST Debt
1,967,264
2,035,935
1,885,065
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
9.26%
6.2%
Free Cash Flow
- -
-104.88%
-214.07%
Net Income, GAAP
- -
-51.39%
149.88%
Sales/Revenue/Turnover
- -
12.27%
62.69%
Total Cash Common Dividend
- -
473.17%
2,590.72%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
534,187
702,464
581,706
619,529
2,437,887
2025
512,464
965,087
864,111
1,597,074
3,966,299
2026
1,415,717
626,659
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
54.17
65.69
60.35
62.98
242.91
2025
69.17
373.22
134.05
4.57
606.99
2026
326.6
-63.37
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
6.39
2025
1.62
- -
164.46
5.86
171.94
2026
- -
- -
- -
- -
- -

Company Description

CEO
Son Truong Nguyen
Full Time Employees
3,908
Sector
Finance
Industry
Real estate development
Address
Ho Chi Minh City Vietnam
IPO Date
Jul 15, 2021
Business
Dat Xanh Real Estate Services Joint Stock Company is a Vietnam-based company primarily engaged in the provision of comprehensive real estate brokerage, consulting, property management, and project development services. As the real estate services division of Dat Xanh Group (rebranded as Bluemarq Group), the company operates an extensive nationwide distribution network covering Northern, Central, and Southern Vietnam. Dat Xanh Real Estate Services categorizes its core business into several integrated service segments: primary real estate distribution and secondary brokerage services; comprehensive project development consultancy, including market research, master planning, architectural concept design, and land-use legal advisory; project management and supervision, encompassing cost engineering, contractor procurement, and construction oversight; general contracting and turnkey project delivery; project marketing, promotion, and nationwide sales execution; property and asset management, including commercial leasing administration, residential building operations, and facility maintenance; financial advisory and investment capital arrangement services; proptech and fintech digital solutions, notably the iHouzz online-to-offline real estate transaction and rental management ecosystem, and the FINA mortgage brokerage and digital lending platform; and specialized economic forecasting, market intelligence, and valuation advisory provided through the Dat Xanh Services Institute for Economic, Financial, and Real Estate Research (FERI). The company serves a diverse client base consisting of real estate developers, institutional investors, corporate tenants, and individual homebuyers. In recent major developments, Dat Xanh Real Estate Services has executed a strategic business model transformation from a traditional brokerage agency into a comprehensive real estate project developer and service provider, introducing an integrated eight-solution service package for property developers. The company has conducted enterprise-wide operational restructuring to streamline business apparatus across regional markets, divested equity interests in non-core units including Dat Xanh Commercial Real Estate Joint Stock Company and Tulip Real Estate Financial Services Joint Stock Company to optimize capital allocation toward core operations, accelerated the integration of advanced international enterprise management systems and proprietary digital transaction platforms across its network of over 50 subsidiaries, and aligned its strategic expansion with the corporate repositioning of its parent group into a multi-sector investment platform. Founded in 2011, Dat Xanh Real Estate Services Joint Stock Company is headquartered in Ho Chi Minh City, Vietnam.