StockNote
APP
Petroleum Additives and Products Development Joint Stock Company (APP) was established in 1996 on the basis of separating the Petroleum Additives Center from the Institute of Industrial Chemistry. In 2003, the Company moved to operate under the model of a Joint Stock Company. The company is a unit specializing in the production of lubricating grease products, brake fluid, specialized fluids such as metal cutting emulsions, oven-resistant emulsions, cooling water; trading supplies and chemical products, implementing scientific and technological research projects and performing technology transfer. Currently, the company has factories and workshops located in Hanoi, Hai Phong, Quang Ninh with a capacity of over 16,500 tons/year/shift. Every year, the Company produces and supplies about 300 - 400 tons of brake fluid meeting DOT3 standards. The Company's competitors are multinational companies such as Castrol, Shell, Esso and some domestic manufacturing enterprises such as PLC JSC.
APP currently has a market capitalization of roughly VND 20 billion, placing it in the small-cap group on the Vietnamese stock market. Its current P/E of 5,5x is 99% below its own 5-year average (520,6x), suggesting the stock is trading cheaper than its historical norm. P/B stands at 0,5x, 20% below its multi-year average of 0,6x. Return on equity (ROE) is at 8,7%, up from -13,9% the year before. Its debt-to-equity ratio of 1,1x is moderate, reflecting a balanced capital structure. In 2025, revenue grew 76% year-on-year while after-tax profit grew 161%.
This note is generated automatically from the stock's real financial data, for reference only — not investment advice.
Revenue & Profit
Unit: VND billion. Growth (%) vs. previous period.
Market Cap
Unit: VND billion. Year-end values; current year uses latest session.
Debt / Equity
Unit: x. Financial debt over shareholders' equity.
Data aggregated from cafef.vn and VNDirect, for reference only, not investment advice.