Kinh Bac City Development Holding Corporation

Kinh Bac City Development Holding Corporation

HHOSE:KBC
27,100.00
VND
+50.00
(+0.18%)
28.72TMarket Cap
Mar 03Next 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
2,776.83
2,224.9
2,314.58
3,149.15
2,011.98
3,977.31
5,124.81
3,434.14
6,455.28
1,240.6
7,319.49
3,616.15
7,787.18
- -
Basic EPS, GAAP
187.65
677.68
987.08
889.87
933.22
1,191.28
1,466.22
357.68
1,664.58
1,992.69
2,645.5
497.55
2,449.68
- -
Free Cash Flow per Basic Share
449.13
990.46
-190.86
1,360.68
-53.37
207.01
2,018.11
-4,990.86
-2,238.77
-1,947.91
2,281.02
809.57
-20,348.46
-17,586.02
Dividend per Share
- -
- -
- -
- -
9.98
15.42
726.42
99.18
29.04
0.21
169.83
0.01
0.44
- -
Book Value per Share
10,484.05
10,345.01
11,440.1
12,297.93
13,232.99
14,424.27
15,140.49
15,487.3
22,676.86
20,932.79
23,678.81
24,176.36
26,335.02
26,589.48
Tangible Book Value per Share
10,484.05
10,345.01
11,440.1
12,297.93
13,232.99
14,423.87
15,140.19
15,487.06
22,676.76
20,932.72
23,678.51
24,176.12
26,334.87
26,589.36
Basic Weighted Avg Shares
386
480
620
626
626
626
626
626
658
766
768
768
859
949
Sales/Revenue/Turnover
1,072,821
1,069,035
1,434,852
1,972,459
1,260,199
2,491,179
3,209,906
2,150,963
4,245,982
950,266
5,618,475
2,775,773
6,687,126
- -
Operating Margin (%)
39.71
45.77
31.05
48.33
37.52
46.64
48.03
19.12
47.52
-18.09
52.21
26.14
36.44
- -
Depreciation Expense
34,248
32,882
28,361
27,312
39,804
39,457
53,169
88,966
75,692
76,156
132,516
165,080
181,751
175,403
Net Income, GAAP
72,499
325,617
611,911
557,370
584,522
746,155
918,362
224,033
1,094,883
1,526,351
2,030,699
381,924
2,103,625
- -
Effective Tax Rate (%)
8.14
8.59
17.52
22.8
23.75
22.76
23.71
29.43
23.28
7.08
22.35
41.45
24.62
- -
Profit Margin (%)
6.76
30.46
42.65
28.26
46.38
29.95
28.61
10.42
25.79
160.62
36.14
13.76
31.46
- -
Working Capital
3,468,866
8,074,642
9,058,359
9,637,727
10,404,126
10,929,413
9,844,716
14,441,083
19,173,102
16,989,915
18,450,667
28,982,725
43,097,978
45,597,032
LT Debt
553,469
3,035,662
1,351,536
1,104,599
1,590,658
1,282,865
1,121,898
4,218,162
5,539,264
3,687,089
3,322,050
9,741,096
26,351,226
28,958,315
Total Equity
4,914,775
6,256,482
8,036,005
8,621,090
9,038,107
9,837,358
10,381,131
10,652,995
16,569,222
17,845,519
20,220,873
20,644,906
26,725,844
26,994,590
Return on Invested Capital (%)
0.92
3.23
5.71
6.58
5.48
6.76
8.48
2.19
7.17
6.35
8.95
1.98
45.12
- -
Return on Capital (%)
3.99
5.85
6.66
4.4
5.65
6.96
7.68
1.85
6.03
7.99
8.55
1.82
5.83
- -
Return on Common Equity (%)
1.81
6.91
9.76
7.5
7.31
8.61
9.92
2.34
9.16
10.08
11.86
2.08
9.7
- -

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,287,010
3,045,964
3,718,330
LT Borrowings
26,351,226
27,108,113
28,958,315
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
942
942
942
Market Capitalization
33,291,031
30,041,977
28,723,520

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
55,045,529
57,181,303
59,209,312
Cash, Cash Equivalents & STI
10,246,471
13,630,435
12,545,292
Accounts Receivable, Net
1,264,874
1,232,761
640,299
Inventories
27,073,128
29,521,066
33,357,373
Total Current Liabilities
11,947,552
13,178,472
13,612,280
Payables & Accruals
- -
- -
- -
ST Debt
2,287,010
3,045,964
3,718,330
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.72%
21.62%
29.45%
Free Cash Flow
-412.99%
-649.06%
-2,911.89%
Net Income, GAAP
80.19%
166.16%
450.8%
Sales/Revenue/Turnover
69.62%
120.27%
140.91%
Total Cash Common Dividend
- -
16,999.92%
3,309.09%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
152,334
891,725
950,374
781,341
2,775,773
2025
3,049,192
509,612
- -
1,648,488
6,687,126
2026
1,335,907
588,717
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-111.64
314
256
40
497.55
2025
1,019.68
514
- -
692
2,449.68
2026
237.99
16
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.01
2025
- -
- -
- -
- -
0.44
2026
- -
- -
- -
- -
- -

Company Description

CEO
Thu Huong Thi Nguyen
Full Time Employees
255
Sector
Consumer durables
Industry
Homebuilding
Address
Bac Ninh Vietnam
IPO Date
Nov 20, 2007
Business
Kinh Bac City Development Holding Corporation is a Vietnam-based real estate development and infrastructure management company primarily engaged in the investment, development, construction, leasing, and operation of industrial parks, integrated townships, and commercial and residential properties. Founded in 2002 and headquartered in Bac Ninh Province, Vietnam, the company operates across key northern, central, and southern economic corridors, including Bac Ninh, Hai Phong, Hung Yen, Bac Giang, Da Nang, and Long An. The company operates through three principal business segments: Industrial Real Estate, Urban and Residential Real Estate, and Utility and Support Services. Its Industrial Real Estate segment provides fully serviced industrial land plots with complete technical infrastructure; standard ready-built factories and ready-built warehouses; custom built-to-suit industrial facilities; and logistics hubs across flagship developments such as Que Vo Industrial Park, Nam Son Hap Linh Industrial Park, Quang Chau Industrial Park, Trang Due Industrial Park, and Tan Phu Trung Industrial Park, serving global electronics and high-tech manufacturing tenants including LG Electronics, Foxconn, Luxshare-ICT, Goertek, and Canon. Its Urban and Residential Real Estate segment develops and sells master-planned integrated urban zones, commercial centers, residential shophouses, townhouses, luxury villas, and social and worker housing complexes, including the Phuc Ninh Urban Area, Trang Cat Urban Area, and Trang Due Urban Area. Its Utility and Support Services segment provides clean water treatment and supply; industrial wastewater processing; power distribution and substation maintenance; industrial park security and facility management; logistics and bonded warehousing services; and real estate investment consulting and leasing brokerage. In recent developments, Kinh Bac City Development Holding Corporation entered into a landmark strategic partnership with The Trump Organization to develop a multi-billion-dollar luxury hospitality, golf course, and residential complex in Hung Yen Province; accelerated the infrastructure development and land preparation of the 687-hectare Trang Due 3 Industrial Park in Hai Phong; advanced the master development and commercialization of the 585-hectare Trang Cat Urban and Industrial Zone; executed strategic private placement capital raises to fund high-tech industrial park expansions and optimize capital structure; and expanded its regional footprint in southern Vietnam through new industrial and logistics cluster investments in Long An Province.