
29 Engineering and Construction Investment Joint Stock Company (E29), formerly Regiment 29 - Division 327 - Left Ngan Military Region (now Military Region 3), was established in 1976. In 2018, the Company transformed its operating business model as a Joint Stock Company. The Company's main business areas are: Construction of houses of all kinds, construction of railways, roads, construction of other civil engineering works; Production of concrete, construction materials... With the advantage of being a member unit of Corporation 39 - Ministry of Defense, due to the fact that the Company has always received attention and direction, support in terms of capital, business development strategy, material supplier system, and long-term customers from the Corporation. The company has participated in the implementation of many major bidding packages such as: Solar Power Project in Ben Cau, Hong Phong Solar Power Project, Thanh Long Solar Power Project... On November 5, 2019, E29 officially traded on UPCOM market.
E29 currently has a market capitalization of roughly VND 45 billion, placing it in the small-cap group on the Vietnamese stock market. Its current P/E of 14,2x is 36% below its own 6-year average (22,2x), suggesting the stock is trading cheaper than its historical norm. P/B stands at 0,8x, 9% below its multi-year average of 0,9x. Return on equity (ROE) is at 5,8%, down from 9,9% the year before. Its debt-to-equity ratio of 0,7x is moderate, reflecting a balanced capital structure. In 2025, revenue fell 48% year-on-year while after-tax profit fell 41%.
This note is generated automatically from the stock's real financial data, for reference only — not investment advice.
Unit: VND billion. Growth (%) vs. previous period.
Unit: VND billion. Year-end values; current year uses latest session.
Unit: x. Financial debt over shareholders' equity.
Data aggregated from cafef.vn and VNDirect, for reference only, not investment advice.