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Phat Dat Real Estate Development Corp.

Phat Dat Real Estate Development Corp.

HHOSE:PDR
12,050.00
VND
+50.00
(+0.42%)
14.72TMarket Cap
Dec 02Next Earn
Phat Dat Real Estate Development Corp.
HOSE:PDR
(Ho Chi Minh Stock Exchange)

Recent

price

12,050.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
VND
2,446.09
196.16
162.32
61.57
772.93
641.96
1,887.04
1,672.65
2,707.9
4,287.07
4,931.41
4,508.96
1,873.94
762.43
937.77
1,432.01
- -
Revenue per Share
511.19
6.81
7.67
36.4
71.1
234.54
305.78
554.61
811.11
1,102.14
1,538.63
2,322.85
1,416.45
844.58
177
556.68
- -
Basic EPS, GAAP
-459.77
-1,234.5
-496.37
-7.06
105.07
-610.26
-345.29
4,096.95
394.42
-1,410.93
4,917.51
936.52
-4,807.17
395.59
-5,355.91
-3,245.14
-2,080.97
Free Cash Flow per Basic Share
363.44
203.14
- -
- -
- -
- -
126.86
0.15
- -
- -
495.45
0.06
- -
- -
- -
- -
- -
Dividend per Share
2,426.91
2,210.02
2,216.28
2,218.6
2,281.95
2,863.11
3,030.77
3,564.21
4,345.01
5,417.89
6,433.17
8,785.68
10,151.51
10,780.55
11,665.33
12,400.23
12,601.2
Book Value per Share
2,077.02
2,025.9
2,032.53
2,035.4
2,281.94
2,860.55
3,025.32
3,557.53
4,342.66
5,416.57
6,432.67
8,773.34
10,141.86
10,776.17
11,240.45
11,998.85
12,199.82
Tangible Book Value per Share
643
643
643
643
537
627
793
793
793
793
793
803
803
810
876
925
1,011
Basic Weighted Avg Shares
1,573,906
126,219
104,440
39,618
415,282
402,514
1,496,666
1,326,626
2,147,709
3,400,186
3,911,212
3,620,224
1,504,575
617,515
821,691
1,324,975
- -
Sales/Revenue/Turnover
28.33
-9.53
6.57
108.09
12.88
25.5
20.4
27.13
25.84
32.38
40.24
69.73
64.9
53.41
20.3
34.65
- -
Operating Margin (%)
5,209
3,121
1,598
1,233
786
789
604
2,393
3,912
6,011
7,319
9,538
13,990
12,685
16,698
12,522
- -
Depreciation Expense
328,922
4,384
4,938
23,418
41,642
155,728
242,520
439,880
643,317
874,139
1,220,324
1,865,004
1,137,263
684,059
155,088
515,070
- -
Net Income, GAAP
25.27
32.92
23.49
39.41
22.22
22.36
20.34
20.15
15.14
20.91
20.77
20.63
21.7
23.26
40.7
20.94
- -
Effective Tax Rate (%)
20.9
3.47
4.73
59.11
10.03
38.69
16.2
33.16
29.95
25.71
31.2
51.52
75.59
110.78
18.87
38.87
- -
Profit Margin (%)
2,384,073
3,639,606
3,868,655
4,686,671
4,522,397
5,210,865
6,422,563
6,779,169
7,258,315
7,281,945
6,542,874
6,605,890
7,187,749
7,739,382
12,920,152
13,917,981
11,455,895
Working Capital
1,265,189
2,220,975
2,285,191
2,567,314
2,156,922
2,243,873
2,807,288
- -
- -
970,301
485,245
2,620,095
1,771,913
2,290,488
3,960,640
4,438,056
3,161,436
LT Debt
1,562,947
1,422,010
1,426,036
1,427,534
1,468,294
2,270,832
2,403,797
2,826,881
3,511,626
4,368,929
5,194,277
8,144,511
9,260,530
9,579,392
11,058,509
12,423,939
12,609,850
Total Equity
11.15
0.11
0.06
-0.02
0.96
1.67
4.51
6.72
14.65
16.97
17.16
19.34
9.6
4.9
0.79
3.31
- -
Return on Invested Capital (%)
11.39
0.23
0.19
0.58
1.01
3.39
4.58
10.34
20.15
17.39
18.17
21.37
11.95
7.29
2.26
4.67
- -
Return on Capital (%)
21.69
0.29
0.35
1.64
2.64
7.87
10.38
16.82
20.51
22.58
25.97
30.68
14.96
7.74
1.51
4.41
- -
Return on Common Equity (%)

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,106,136
1,106,652
989,885
LT Borrowings
4,438,056
3,299,039
3,161,436
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
998
998
998
Market Capitalization
18,758,816
16,314,183
14,717,688

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
24,175,703
23,450,439
23,252,692
Cash, Cash Equivalents & STI
375,924
185,231
1,700,572
Accounts Receivable, Net
1,929,692
2,043,939
2,060,377
Inventories
16,714,675
15,061,666
13,555,764
Total Current Liabilities
10,257,722
10,595,628
11,796,797
Payables & Accruals
- -
- -
- -
ST Debt
1,106,136
1,106,652
989,885
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19.27%
20.35%
12.35%
Free Cash Flow
-471.46%
-480.61%
-36.02%
Net Income, GAAP
38.76%
25.75%
232.12%
Sales/Revenue/Turnover
36.52%
-6.11%
61.25%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
162,197
8,255
2,628
648,610
821,691
2025
437,944
19,927
- -
360,579
1,324,975
2026
104,332
53,511
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
63.89
63.89
60
1.62
177
2025
56
69
- -
307
556.68
2026
131
78
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Phat Dat Real Estate Development Corporation is a Vietnam-based real estate investment, development, and construction enterprise primarily engaged in the development of residential, commercial, hospitality, and industrial property projects. Founded in 2004 and headquartered in Ho Chi Minh City, Vietnam, the company operates across key urban and coastal economic centers in Vietnam, including Ho Chi Minh City, Binh Duong, Binh Dinh, Quang Ngai, Da Nang, and Ba Ria-Vung Tau. Phat Dat Real Estate Development Corporation operates through three principal business segments: Real Estate Development, Construction and Infrastructure, and Real Estate Services. The company's core product and service portfolio comprises: the investment, development, and sale of high-rise residential apartment buildings, luxury condominiums, villas, townhouses, urban master-planned communities, and residential land plots under prominent project brands such as The EverRich, Millennium, Astral City, Quy Nhon Iconic, and La Pura; the development, operation, and leasing of hospitality and commercial assets, including beachfront resort complexes, condotels, hotels, and retail shopping centers; the development and management of industrial real estate assets, including industrial park infrastructure, logistics hubs, and ready-built factory and warehouse facilities; civil engineering and transport infrastructure development under build-transfer framework agreements; and real estate auxiliary services, encompassing property brokerage, trading floor operations, real estate valuation, investment consultancy, and property and asset management services tailored to individual homebuyers, commercial tenants, and institutional investors. In recent corporate developments, Phat Dat Real Estate Development Corporation expanded its urban project pipeline through major international strategic partnerships, including acquiring a 35 percent equity stake in Lotte Properties HCMC Co., Ltd. for approximately VND 7.666 trillion to co-develop the Lotte Eco Smart City Thu Thiem mixed-use urban project in Ho Chi Minh City, as well as establishing strategic project cooperation with Mitsubishi Corporation for the Thuan An high-rise complex in Binh Duong. Additionally, the company executed a strategic portfolio restructuring by divesting non-core assets, including its holdings in the Bac Cuong project in Da Nang and Ngo May Real Estate Investment JSC, while expediting construction and revenue recognition across core developments including the Quy Nhon Iconic (Bac Ha Thanh) and La Pura projects. To support large-scale project execution and optimize capital structure, Phat Dat Real Estate Development Corporation has implemented equity capital expansion through rights offerings to existing shareholders alongside aggressive corporate debt reduction programs.