Taseco Land Investment JSC

Taseco Land Investment JSC

HHOSE:TAL
22,250.00
VND
-100.00
(-0.45%)
13.38TMarket Cap
Dec 02Next Earn
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
10,637.67
4,051.11
8,255.93
- -
Basic EPS, GAAP
1,500.85
1,598.88
1,422.62
- -
Free Cash Flow per Basic Share
-6,316.03
-6,219.28
-3,791.44
2,097.93
Dividend per Share
240.09
1,097.79
1,120.2
333.83
Book Value per Share
11,610.1
12,241.49
10,968.91
11,138.93
Tangible Book Value per Share
10,352.27
11,051.24
10,284.58
10,469.8
Basic Weighted Avg Shares
304
416
452
472
Sales/Revenue/Turnover
3,237,612
1,684,453
3,730,125
- -
Operating Margin (%)
19.36
9.74
26.2
- -
Depreciation Expense
36,651
59,614
64,120
65,656
Net Income, GAAP
456,789
664,816
642,757
- -
Effective Tax Rate (%)
24.65
21.76
22.64
- -
Profit Margin (%)
14.11
39.47
17.23
- -
Working Capital
2,237,944
4,089,850
7,323,019
6,830,084
LT Debt
2,136,654
2,694,715
3,223,829
3,343,568
Total Equity
4,077,266
4,224,215
6,514,050
6,578,761
Return on Invested Capital (%)
- -
8.84
6.8
- -
Return on Capital (%)
- -
10.34
7.92
- -
Return on Common Equity (%)
- -
18.32
13.89
- -

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,103,530
1,042,199
1,363,602
LT Borrowings
3,223,829
3,557,898
3,343,568
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
504
504
504
Market Capitalization
18,576,000
16,560,000
13,381,200

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
12,572,384
14,151,947
18,165,046
Cash, Cash Equivalents & STI
1,537,849
1,636,687
2,770,398
Accounts Receivable, Net
1,637,725
1,394,957
918,990
Inventories
7,305,549
8,043,604
11,648,217
Total Current Liabilities
5,249,366
6,390,852
11,334,962
Payables & Accruals
- -
- -
- -
ST Debt
1,103,530
1,042,199
1,363,602
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
54.21%
Free Cash Flow
- -
- -
-33.76%
Net Income, GAAP
- -
- -
-3.32%
Sales/Revenue/Turnover
- -
- -
121.44%
Total Cash Common Dividend
- -
- -
10.88%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
309,023
629,576
310,582
435,272
1,684,453
2025
375,862
556,926
- -
1,559,162
3,730,125
2026
692,800
886,296
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
22.02
-7.94
595.95
1,577.24
1,598.88
2025
64.92
80.39
- -
862.14
1,422.62
2026
302.14
281
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.6
1.87
1,456.37
40.25
1,097.79
2025
49.89
- -
- -
348.96
1,120.2
2026
- -
- -
- -
- -
- -

Company Description

CEO
Tung Tran Nguyen
Full Time Employees
651
Sector
Finance
Industry
Real estate development
Address
Hanoi Vietnam
IPO Date
Aug 1, 2024
Business
Taseco Land Investment Joint Stock Company is a Vietnam-based real estate development and investment company engaged in residential, commercial, hospitality, and industrial property development and asset management. The company operates through four principal business segments: Real Estate Investment and Development, Construction and Engineering, Property Management and Leasing Services, and Hotel and Hospitality Operations. Its core product and service portfolio comprises: residential real estate developments, including luxury high-rise condominium towers, integrated master-planned townships, standalone villas, townhouses, and shophouses featured in projects such as the Diplomatic Corps Area complexes (An Binh Complex, Taseco Complex, Phu My Complex, and Han Jardin), Taseco Trung Van, Long Bien Central, Nam Song Cau Urban Area, and Nghi Son Central Park; commercial and mixed-use assets, encompassing Grade-A office towers, retail malls, and high-rise commercial centers, prominently including the Landmark 55 tower in the Starlake Tay Ho Tay urban development; hospitality and leisure properties, encompassing oceanfront hotels, condotels, and serviced apartment complexes operated under the À La Carte brand, such as À La Carte Da Nang Beach and À La Carte Halong Bay; industrial real estate infrastructure, consisting of the development, construction, leasing, and operation of industrial parks, ready-built factories, and logistics facilities centered on the Dong Van III Supporting Industrial Park; and auxiliary real estate services, covering general construction contracting, building operation and facility management, commercial leasing brokerage, and hospitality catering services. Originally founded in 2009 as An Binh Real Estate Investment Joint Stock Company and rebranded as Taseco Land in 2016, the company is headquartered in Hanoi, Vietnam, and functions as the real estate development flagship of Taseco Group, managing a network of over ten subsidiaries and a consolidated land bank exceeding 650 hectares across 14 provinces and centrally managed cities in Vietnam. In recent major corporate developments, Taseco Land officially graduated from the Unlisted Public Company Market (UPCoM) and listed its shares on the main board of the Ho Chi Minh City Stock Exchange (HOSE: TAL) on August 1, 2025, followed by its inclusion in the MSCI Frontier Markets Index in 2026. The company also commenced the development and tenant handover of the 223-hectare Dong Van III Supporting Industrial Park in Ha Nam province to diversify recurring revenue into industrial infrastructure, while establishing strategic cooperation and capital restructuring initiatives with international institutional investors—including Japanese and Singaporean investment partners—to co-fund and develop high-profile mixed-use assets such as the Landmark 55 complex.