StockNote
BAX
Thong Nhat Joint Stock Company (Bax) was established in 2004 under the capital contribution of 3 founding shareholders: Tin Nghia Corporation, Dong Nai Rubber Corporation, Vietnam Rubber Industry Group. The company operates mainly in the field of investment, development and business of industrial park infrastructure. Bax manages and trades infrastructure of Bau Xeo Industrial Park with a total area of 499.8657ha in Trang Bom district, Dong Nai province. In addition, Bax is implementing Bau Xeo Industrial Park Service Center with an area of 38.8 hectares with a total infrastructure investment capital of VND 648.69 billion. Bax has officially been traded at the Hanoi Stock Exchange (HNX) since 2017.
BAX currently has a market capitalization of roughly VND 246 billion, placing it in the small-cap group on the Vietnamese stock market. Its current P/E of 6,4x is 24% below its own 8-year average (8,3x), suggesting the stock is trading cheaper than its historical norm. P/B stands at 1x, 46% below its multi-year average of 1,9x. Return on equity (ROE) is at 17,3%, up from 16,4% the year before. Its debt-to-equity ratio of 0x is low, reflecting a conservative capital structure. In 2025, revenue grew 51% year-on-year while after-tax profit grew 35%.
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.