Traphaco Joint Stock Company

Traphaco Joint Stock Company

HHOSE:TRA
36,000.00
VND
0.00
(0.00%)
3.28TMarket Cap
Dec 02Next 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
20,958.82
19,911.66
23,811.35
24,105.04
22,562.33
21,692.72
20,632.29
23,025.88
26,065.28
28,937.11
27,734.69
28,313.52
32,052.78
- -
Basic EPS, GAAP
1,861.5
1,758.92
2,182.91
2,540.33
2,908.32
1,885.11
1,850.73
2,361.7
2,914.2
3,246.58
3,175.45
2,883.16
3,011.47
- -
Free Cash Flow per Basic Share
2,127.87
1,688.07
1,689.86
-830.07
594.66
1,508.09
2,233.16
3,644.83
3,124.8
2,279.32
2,261.07
881.12
2,092.59
2,216.78
Dividend per Share
337.33
333.61
891.35
1,015.35
1,422.87
1,690.21
1,703.16
1,652.41
1,665.67
2,680.5
682.06
2,140.91
2,015.89
1,190.11
Book Value per Share
8,249.58
8,803.9
10,632.59
11,207.18
12,434.79
12,313.03
12,442.16
13,018.79
14,091.3
15,381.02
16,638.2
17,121.34
18,730.9
17,955.46
Tangible Book Value per Share
7,453.73
8,167.21
9,823.76
10,576.02
11,768.03
11,607.3
11,746.67
12,333.61
13,372
14,661.72
15,928.63
16,397.64
18,037.85
17,289.87
Basic Weighted Avg Shares
80
83
83
83
83
83
83
83
83
83
83
83
83
83
Sales/Revenue/Turnover
1,682,364
1,650,722
1,974,002
1,998,334
1,870,442
1,798,350
1,710,439
1,908,870
2,160,840
2,398,918
2,299,235
2,347,221
2,657,210
- -
Operating Margin (%)
14.45
15.41
16.1
17.44
17.27
12.61
13.32
14.1
15.11
14.61
14.5
13.06
12.19
- -
Depreciation Expense
22,156
25,584
28,954
35,256
42,063
79,439
82,099
81,764
84,646
86,857
94,499
91,408
93,615
- -
Net Income, GAAP
149,422
145,818
180,967
210,596
241,103
156,278
153,427
195,787
241,591
269,145
263,248
239,017
249,655
- -
Effective Tax Rate (%)
25.86
22.63
20.01
19.41
19.29
19.17
20.6
18.71
20.03
20.34
20.91
20.73
19.91
- -
Profit Margin (%)
8.88
8.83
9.17
10.54
12.89
8.69
8.97
10.26
11.18
11.22
11.45
10.18
9.4
- -
Working Capital
442,602
541,888
636,599
486,815
365,103
547,210
544,532
576,349
654,405
790,793
895,649
957,821
1,111,744
1,052,636
LT Debt
118
- -
300
7,864
10,041
170,404
109,990
44,556
- -
- -
- -
- -
- -
2,132
Total Equity
752,973
870,762
966,856
1,014,763
1,118,848
1,107,214
1,118,030
1,172,449
1,267,526
1,380,559
1,489,055
1,532,700
1,686,286
1,622,834
Return on Invested Capital (%)
19.98
17.99
20.48
21.91
23.12
13.79
13
16.76
20.42
21.21
18.17
14.94
15.22
- -
Return on Capital (%)
17.76
14.82
16.9
19.26
20.49
11.96
11.67
14.65
17.52
18.1
15.88
13.24
12.79
- -
Return on Common Equity (%)
26.32
19.8
21.67
23.26
24.6
15.23
14.95
18.55
21.5
22.03
19.83
17.08
16.8
- -

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
133,228
225,139
127,034
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
2,132
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
83
83
83
Market Capitalization
3,108,791
2,893,248
3,282,883

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,745,129
1,837,569
1,787,169
Cash, Cash Equivalents & STI
705,464
719,203
632,227
Accounts Receivable, Net
354,271
380,322
387,534
Inventories
562,574
575,036
609,923
Total Current Liabilities
633,385
835,103
734,533
Payables & Accruals
- -
- -
- -
ST Debt
133,228
225,139
127,034
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.79%
7.57%
10.02%
Free Cash Flow
-2.15%
6.87%
137.49%
Net Income, GAAP
4.93%
5.57%
4.45%
Sales/Revenue/Turnover
3.3%
7.07%
13.21%
Total Cash Common Dividend
26.59%
39.05%
-5.84%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
547,493
620,090
563,762
605,543
2,347,221
2025
554,902
705,173
- -
749,330
2,657,210
2026
632,847
737,392
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
650.83
814.13
460.91
957.39
2,883.16
2025
503.21
834.49
- -
853.76
3,011.47
2026
743.21
696.57
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,006.11
11.46
1,029.94
93.4
2,140.91
2025
1,011.67
-3.34
- -
-21.94
2,015.89
2026
998.83
213.22
- -
- -
- -

Company Description

CEO
Ma Tuc Tran
Full Time Employees
1,546
Sector
Health technology
Industry
Pharmaceuticals: other
Address
Ha Noi Vietnam
IPO Date
Nov 12, 2008
Business
Traphaco Joint Stock Company is a Vietnam-based pharmaceutical enterprise primarily engaged in the research, development, manufacture, distribution, and commercialization of traditional herbal medicines, modern chemical pharmaceuticals, dietary supplements, cosmeceuticals, and medical supplies. Founded in 1972 and headquartered in Hanoi, Vietnam, the company operates across over-the-counter (OTC) and prescription hospital tender (ETC) segments, serving domestic healthcare providers, retail pharmacy networks, and international export markets. Traphaco conducts its manufacturing and research operations through specialized subsidiaries and production facilities, including Traphaco CNC Joint Stock Company and Traphaco Hung Yen Company Limited, supported by GACP-WHO certified medicinal plant cultivation areas. The company organizes its commercial operations into three core business divisions: Herbal Pharmaceuticals (Phytomedicines), Modern Pharmaceuticals, and Health Supplements and Personal Care. Its comprehensive product and service portfolio includes: traditional herbal and natural medicines, featuring hepatoprotective agents under the Boganic and Boganic Premium brand names, cerebral circulatory tonics under the Hoat Huyet Duong Nao and Cebraton brands, hemorrhoid remedies under the Totri brand, gastrointestinal treatments under the Ampelop brand, and herbal antitussives under the Methorphan brand; modern chemical pharmaceuticals, comprising cardiovascular therapies, antidiabetic drugs, central nervous system medications, analgesics, antipyretics, antibiotics, and digestive treatments; dietary and health supplements, including nutritional tonics and immune support formulations under the Antot and Antot Thymo brands, as well as vitamin and mineral supplements; personal care and antiseptic solutions, including T-B brand mouthwashes, physiological saline solutions, and ophthalmic drops; and contract manufacturing, quality testing, packaging, warehousing, and nationwide distribution services across a network of tens of thousands of pharmacies and healthcare institutions. In recent developments, Traphaco is executing a dual-engine growth strategy designed to sustain its market-leading position in traditional phytomedicines while rapidly scaling its capabilities in modern Western pharmaceuticals. The company has deepened its strategic alliance and technology transfer cooperation with South Korea-based Daewoong Pharmaceutical and major institutional shareholders, enabling the domestic transfer, technical validation, and manufacturing of advanced prescription formulations across cardiovascular, metabolic, and gastrointestinal therapeutic areas. To support this expansion, Traphaco has upgraded its smart pharmaceutical plant in Hung Yen toward EU-GMP compliance, enhancing production automation and sterile formulation capacity to increase penetration in the hospital prescription channel. Furthermore, the company has expanded its product catalog with high-value functional supplements and premium brand extensions, while optimizing its supply chain and digital sales platforms to improve distribution efficiency across retail and institutional healthcare channels.