Tu Liem Urban Development JSC

Tu Liem Urban Development JSC

HHOSE:NTL
12,250.00
VND
-100.00
(-0.81%)
1.87TMarket Cap
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
3,721.48
1,871.73
3,879.63
3,552.71
2,256.51
5,854.44
6,846.19
5,352.13
4,728.02
3,207.72
7,493.23
11,816
143.61
- -
Basic EPS, GAAP
753.2
285.91
731.72
612.85
769.38
829.37
1,916.78
2,421.75
1,950.78
873.1
2,985.66
5,083.59
142.88
- -
Free Cash Flow per Basic Share
-569.77
21.25
185.65
-281.06
-1,054.27
19.14
1,320.24
2,750.67
2,678.01
-1,160.35
5,711.24
8,235.45
-5,431.76
- -
Dividend per Share
480.16
519.71
500.01
- -
- -
- -
1,274.11
1,226
1,250
1,250
1,250
2,450
1,000
- -
Book Value per Share
6,971.53
6,971.51
7,223.69
7,676.83
7,793.42
8,148.75
8,757.14
9,544.71
10,075.98
10,312.52
11,987.06
14,411.65
13,198.73
13,510.54
Tangible Book Value per Share
6,971.53
6,971.51
7,223.69
7,676.83
7,793.42
8,148.75
8,754.45
9,542.92
10,075.08
10,312.52
11,987.06
14,411.01
13,198.35
13,510.29
Basic Weighted Avg Shares
122
122
122
122
122
122
122
122
122
122
122
122
122
121
Sales/Revenue/Turnover
453,946
228,313
473,237
433,359
275,249
714,124
835,098
652,853
576,724
391,277
914,024
1,441,314
17,517
- -
Operating Margin (%)
18.24
15.16
25.71
14.23
17.94
20.92
36.59
55.94
51.3
32.69
52.78
57.45
-240.03
- -
Depreciation Expense
5,442
5,483
5,230
4,387
2,041
2,572
2,679
3,126
3,141
3,515
3,764
4,686
4,657
- -
Net Income, GAAP
91,875
36,676
93,953
74,756
93,849
101,166
233,809
295,405
237,956
106,500
364,190
620,095
17,428
- -
Effective Tax Rate (%)
21.86
22.44
22.49
20.69
22.86
20.4
21.39
20.21
20.84
20.28
20.97
26.09
46.78
- -
Profit Margin (%)
20.24
16.06
19.85
17.25
34.1
14.17
28
45.25
41.26
27.22
39.84
43.02
99.49
- -
Working Capital
809,718
889,048
872,227
700,927
990,277
939,165
931,847
1,090,255
1,190,771
1,190,157
1,400,358
1,708,514
1,582,371
1,747,587
LT Debt
- -
- -
- -
- -
130,140
41,290
- -
- -
- -
- -
- -
- -
14,367
165,437
Total Equity
868,026
861,747
892,604
947,657
960,385
993,984
1,068,195
1,164,263
1,229,067
1,257,920
1,462,180
1,757,931
1,609,980
1,648,015
Return on Invested Capital (%)
10.98
3.98
10.18
8.4
9.37
8.69
19.55
22.34
18.23
8.3
24.91
34.04
1.76
- -
Return on Capital (%)
10.31
4.18
10.67
7.92
9.14
10.07
19.42
23.48
18.97
8.56
25.88
36.81
1.03
- -
Return on Common Equity (%)
10.57
4.1
10.31
8.23
9.95
10.4
22.68
26.46
19.88
8.56
26.78
38.51
1.03
- -

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
14,367
63,294
165,437
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
122
122
122
Market Capitalization
2,238,331
1,976,074
1,872,391

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,831,519
1,868,101
1,983,181
Cash, Cash Equivalents & STI
1,112,008
1,015,732
896,651
Accounts Receivable, Net
29,229
29,232
29,229
Inventories
567,214
646,057
772,277
Total Current Liabilities
249,148
221,042
235,594
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.34%
7.19%
-8.42%
Free Cash Flow
596.78%
-171.99%
-165.96%
Net Income, GAAP
31.07%
28.07%
-97.19%
Sales/Revenue/Turnover
15.83%
9.74%
-98.78%
Total Cash Common Dividend
- -
- -
-59.18%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
36,783
1,379,518
3,762
21,251
1,441,314
2025
3,481
6,141
- -
4,035
17,517
2026
4,468
4,748
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
43.26
5,301.38
29
-290
5,083.59
2025
52
12
- -
3
142.88
2026
119
39
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
1,198.46
2,450
2025
- -
- -
- -
- -
1,000
2026
- -
- -
- -
- -
- -

Company Description

CEO
Cuong Gia Vu
Full Time Employees
97
Sector
Finance
Industry
Real estate development
Address
Ha Noi Vietnam
IPO Date
Dec 21, 2007
Website
lideco.vn
Business
Tu Liem Urban Development Joint Stock Company (Lideco) is a Vietnam-based real estate investment, development, and civil construction enterprise engaged in the planning, construction, sales, and management of residential, commercial, and municipal infrastructure projects. The company operates through three principal business segments: Real Estate Development, Construction and Civil Engineering, and Property Management and Ancillary Services. Its comprehensive portfolio of products and services comprises the master planning, development, and sale of integrated new urban areas, low-rise residential housing, detached and semi-detached luxury villas, duplexes, garden townhouses, high-rise apartment complexes, and social housing units; commercial real estate properties, including retail centers, office spaces for lease, and mixed-use facilities; civil and industrial construction contracting, encompassing site clearance, ground leveling, road networks, municipal drainage and technical infrastructure, advanced wastewater treatment facilities, and industrial building projects; property management and building operation services for residential subdivisions and apartment towers; real estate brokerage, consulting, and valuation services; and the trading and distribution of building materials. The company serves individual home purchasers, commercial tenants, and institutional clients across Northern Vietnam, concentrating its development footprint in the Hanoi and Quang Ninh metropolitan markets through key projects such as the North National Highway 32 New Urban Area (Lideco Tram Troi) and Dich Vong New Urban Area in Hanoi, as well as the Bai Muoi and Nui Ham Urban Areas in Ha Long. In recent operational and corporate developments, the company completed a 1:1 bonus share issuance that increased its charter capital to approximately VND 1.22 trillion, maintained consistent cash dividend payouts to shareholders, and prioritized the phased sales commercialization, inventory monetization, and final handovers of its flagship 43.67-hectare Bai Muoi project in Ha Long, while advancing legal procedures and preliminary development groundwork for its 68-hectare Nui Ham Urban Area expansion pipeline. Founded in 1974 as Tu Liem Construction Enterprise, privatized into a joint stock company in 2004, and listed on the Ho Chi Minh City Stock Exchange under the ticker NTL in 2007, Tu Liem Urban Development Joint Stock Company is headquartered in Hanoi, Vietnam.