
Hoa Binh Construction and Real Estate Business Joint Stock Company (HBC), formerly known as Hoa Binh Construction Office, was established in 1987. The Company's main business activities are civil and industrial construction. In addition, the Company also manufactures and sells Hodastone paint, finished carpentry products, interior decoration, aluminum and glass, trading in construction materials and real estate, construction and design of bridges, roads, infrastructure and electricity. The company is trusted by Phu My Hung Joint Venture Company, Van Phat Hung Company, Bitexco Land Company, Fico Construction Materials Corporation as the main contractor. The company has constructed typical projects such as Saigon Sky Garden Apartments, Stamford Court, Riverside Apartment, Legend Hotel, Melinh Point Tower, Ocean Place. The company is the main contractor for Vietinbank Tower (Hanoi) – the tallest building in Vietnam (363m high) and Saigon Centre (HO CHI MINH CITY) – the deepest building in Vietnam with 6 basements (28m deep) at the time of construction. On September 18, 2024, HBC officially traded on the UPCOM market.
HBC currently has a market capitalization of roughly VND 1.047 billion, placing it in the mid-cap group on the Vietnamese stock market. Its current P/E of 4,3x is 81% below its own 7-year average (23x), suggesting the stock is trading cheaper than its historical norm. P/B stands at 0,5x, 91% below its multi-year average of 5,8x. Return on equity (ROE) is at 12,5%, down from 13,6% the year before. Its debt-to-equity ratio of 2x is relatively high, reflecting a leveraged capital structure. In 2024, revenue fell 15% year-on-year while after-tax profit grew 186%.
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.