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    Consumer durables

  3. •

    Other consumer specialties
Phu Nhuan Jewelry JSC

Phu Nhuan Jewelry JSC

HHOSE:PNJ
18,600.00
VND
-600.00
(-3.12%)
32.24TMarket Cap
Oct 26Next 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
23,522.69
23,402
19,603.47
21,787.56
26,716.37
37,768.51
37,474.47
38,494.93
42,985.78
72,297.44
67,351.56
75,225.85
68,840.86
- -
Basic EPS, GAAP
430.58
536
141.38
1,095.81
1,608.57
2,488.13
2,631.76
2,350.72
2,262.96
3,864.29
4,006.3
4,202.38
5,567.13
- -
Free Cash Flow per Basic Share
-216.4
-986.07
8.5
-291.67
-14.51
-1,655.05
-1,950.48
3,102.93
-1,723.37
102.86
2,895.58
-14.36
-190.23
3,909.53
Dividend per Share
246.98
615.39
57.69
625
450.74
695.62
762.62
783.46
393.42
1,316.07
1,250.9
1,335.91
1,325.98
1,575.39
Book Value per Share
3,353.39
3,298.19
3,345.89
3,816.7
7,004.09
8,409.48
10,163.2
11,523.47
13,222.34
17,162.65
19,931.28
22,206.04
25,941.57
27,153.65
Tangible Book Value per Share
2,397.8
2,557.29
2,602.13
3,286.03
6,353.09
7,301.73
8,697.67
10,093.72
11,791.06
15,856.36
18,658.23
21,005.14
24,730.9
25,850.31
Basic Weighted Avg Shares
379
393
393
393
411
386
454
455
455
469
492
503
508
515
Sales/Revenue/Turnover
8,914,183
9,199,218
7,706,035
8,564,590
10,976,837
14,571,136
17,000,681
17,510,789
19,547,058
33,876,455
33,136,929
37,822,837
34,976,043
- -
Operating Margin (%)
7.5
4.4
8.13
8.46
8.65
8.67
9.55
8.61
7.21
7.16
7.63
7.06
10.11
- -
Depreciation Expense
23,809
31,012
30,451
34,398
39,340
42,102
61,066
72,155
75,118
79,516
81,257
80,822
85,291
- -
Net Income, GAAP
163,171
242,495
75,546
450,488
724,856
959,923
1,193,925
1,069,310
1,029,042
1,810,692
1,971,099
2,112,916
2,828,497
- -
Effective Tax Rate (%)
27.45
23.63
59.63
23.73
20.12
20.37
20.76
20.56
19.56
21.69
20.8
20.3
20.28
- -
Profit Margin (%)
1.83
2.64
0.98
5.26
6.6
6.59
7.02
6.11
5.26
5.34
5.95
5.59
8.09
- -
Working Capital
302,111
422,782
683,779
1,080,919
2,407,384
2,727,939
3,315,504
3,912,022
4,729,190
7,083,293
8,346,162
9,750,716
11,739,712
12,337,961
LT Debt
129,583
137,129
72,388
58,994
46,235
7,800
3,700
- -
- -
- -
- -
- -
- -
- -
Total Equity
1,406,018
1,296,523
1,315,253
1,500,327
3,028,603
3,745,073
4,577,266
5,241,862
6,012,634
8,444,095
9,806,181
11,255,307
13,274,913
13,912,521
Return on Invested Capital (%)
6.52
9.51
3
14.46
20.17
20.15
18.57
14.6
12.86
17.88
16.42
15.33
16.84
- -
Return on Capital (%)
8.51
11.02
4.21
18.13
22.19
21.85
20.56
16.7
14.07
18.98
17.71
16.05
18.22
- -
Return on Common Equity (%)
12.75
16.12
4.26
30.6
29.19
28.34
28.69
21.78
18.29
25.05
21.6
20.06
23.06
- -

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
4,223,386
2,893,622
3,989,128
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
512
512
512
Market Capitalization
33,091,463
36,844,104
32,238,591

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
18,614,031
18,163,448
19,430,865
Cash, Cash Equivalents & STI
2,529,513
4,509,952
4,001,985
Accounts Receivable, Net
48,760
70,317
46,832
Inventories
15,835,335
13,419,012
15,149,356
Total Current Liabilities
6,874,319
5,277,291
7,092,904
Payables & Accruals
- -
- -
- -
ST Debt
4,223,386
2,893,622
3,989,128
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
28.03%
20.8%
17.94%
Free Cash Flow
1,049.66%
746.43%
1,238.47%
Net Income, GAAP
72.57%
24.42%
33.87%
Sales/Revenue/Turnover
18.11%
17.87%
-7.53%
Total Cash Common Dividend
855.44%
40.83%
0.3%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12,593,839
9,518,699
7,129,611
8,580,688
37,822,837
2025
9,635,096
7,582,450
- -
9,622,993
34,976,043
2026
17,245,231
8,483,734
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,376
788.67
430
1,337.33
4,202.38
2025
1,236
1,204
- -
2,240.67
5,567.13
2026
2,678
-664
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
862.89
1,335.91
2025
368.6
- -
- -
866.88
1,325.98
2026
618.91
2.11
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Tri Thong Le
Full Time Employees
8,164
Sector
Consumer durables
Industry
Other consumer specialties
Address
Ho Chi Minh City Vietnam
IPO Date
Feb 18, 2009
Website
pnj.com.vn
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Business
Phu Nhuan Jewelry Joint Stock Company (HOSE: PNJ) is a Vietnam-based jewelry manufacturing and retail enterprise engaged in the design, fabrication, wholesale, retail distribution, and export of fine jewelry, gemstones, precious metal items, and fashion accessories. Founded in 1988 and headquartered in Ho Chi Minh City, Vietnam, the company operates across the personal goods, luxury retail, and precious metals sectors, serving retail consumers, high-net-worth individuals, and institutional clients through an extensive nationwide store network and omnichannel e-commerce platforms. The company structures its offerings through specialized product categories, brands, and operating subsidiaries, providing fine gold, platinum, and diamond jewelry encompassing rings, necklaces, earrings, bracelets, pendants, and bridal sets under the flagship PNJ Gold and PNJ Diamond lines; high-end luxury fine jewelry, bespoke creations, and rare gemstone pieces under CAO Fine Jewellery; contemporary sterling silver and youth-oriented fashion jewelry under PNJSilver and Style by PNJ; multi-brand retail distribution of international timepieces, luxury watches, and wrist accessories under PNJ Watch; 24K gold investment bullion, commemorative medallions, and wealth-storage gold products; gemological testing, diamond certification, and precious stone appraisal services through its subsidiary PNJ Laboratory Company Limited (PNJL); and large-scale industrial jewelry manufacturing, stone-setting, and export operations to overseas markets across Asia, Europe, and North America. In recent developments, the company has expanded its multi-format retail footprint by launching large-scale PNJ Center and experiential PNJ Next concept stores while penetrating tier-2 and tier-3 regional markets; broadened strategic licensing and co-branding partnerships with global entertainment properties, including The Walt Disney Company and Sanrio, to introduce branded themed collections; and implemented comprehensive digital transformation and supply chain modernization initiatives integrating artificial intelligence-driven inventory management, advanced enterprise resource planning, and omnichannel customer relationship management systems to enhance operational agility and retail productivity.