StockNote
IPA
I.P.A Investment Group Joint Stock Company (IPA), formerly IPA Investment and Finance Co., Ltd., was established in 1998. In 2007, it was equitized and renamed IPA Investment Group Joint Stock Company. The company operates mainly in two areas: (i) Personal financial services and (ii) Commercial electricity sales. One of the typical member companies is VNDIRECT Securities Joint Stock Company, one of the top 4 retail securities companies in Vietnam operating in the field of financial services. In the field of commercial electricity, IPA owns Nam Phang hydropower plant with a capacity of 36MW in Lao Cai province. Annually, Nam Phang hydropower is connected to the national grid with an average capacity of 146 million KWh/year. In addition to the two main business lines, the Company is currently investing in real estate development, providing technology solutions and processing and mining. In 2021, IPA was officially listed on the Hanoi Stock Exchange (HNX).
IPA currently has a market capitalization of roughly VND 2.994 billion, placing it in the mid-cap group on the Vietnamese stock market. Its current P/E of 5,5x is 49% below its own 8-year average (10,9x), suggesting the stock is trading cheaper than its historical norm. P/B stands at 0,6x, 48% below its multi-year average of 1,2x. Return on equity (ROE) is at 11,5%, up from 10,1% the year before. Its debt-to-equity ratio of 1,1x is moderate, reflecting a balanced capital structure. In 2025, revenue grew 5% year-on-year while after-tax profit grew 7%.
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.