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Hanoi Metallurgical Joint Stock Company - VNSTEEL (HMG), formerly known as Hanoi Metallurgical Department (HMG), was established in 1960. The company operates in the field of business, import and export of steel, construction materials and other spare parts. In addition, the Company also provides kiosks, shops and warehouses for rent. HMG has officially operated as a joint stock company since 2006. As a member unit of Vietnam Steel Corporation, Hanoi Metal Joint Stock Company is allowed to create favorable conditions to supply raw materials to production units under Vietnam Steel Corporation. Currently, HMG has 6 affiliated enterprises, 1 branch in Hai Phong, 1 branch in Ho Chi Minh City and 1 associated company in Hung Yen. HMG is a major supplier of domestically produced and imported steel grades for factories and industrial as well as civil construction works; is the official distributor of many leading steel brands in Vietnam. On September 9, 2016, HMG officially traded on the UPCOM market.
HMG currently has a market capitalization of roughly VND 124 billion, placing it in the small-cap group on the Vietnamese stock market. Its current P/E of 2,3x is 95% below its own 5-year average (47,4x), suggesting the stock is trading cheaper than its historical norm. P/B stands at 0,4x, 72% below its multi-year average of 1,3x. Return on equity (ROE) is at 16,4%, up from 10,6% the year before. Its debt-to-equity ratio of 1,7x is relatively high, reflecting a leveraged capital structure. In 2025, revenue grew 22% year-on-year while after-tax profit grew 63%.
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.