StockNote
L40
40 Investment and Construction Joint Stock Company (L40), formerly known as 10 Irrigation Construction Company under the Ministry of Irrigation, was established in 1975. The company operates mainly in the field of construction of agricultural infrastructure and rural development works, hydropower, irrigation works, roads, water supply and drainage systems. L40 has officially operated under the model of a joint stock company since 2001. The company operates mainly in the Southwest, Southeast and Central Highlands provinces. The company has participated in the construction and installation of some of the following typical projects: Binh Nham Canal Tide Control Sewer Project (Binh Duong), Da Si Reservoir Project (Lam Dong), Integrated Climate Resilience Project and Sustainable Livelihoods in the Mekong Delta. L40 has been listed on the Hanoi Stock Exchange (HNX) since December 2020.
L40 currently has a market capitalization of roughly VND 549 billion, placing it in the small-cap group on the Vietnamese stock market. Its current P/E of 1,6x is 98% below its own 5-year average (95,9x), suggesting the stock is trading cheaper than its historical norm. P/B stands at 1,1x, 33% below its multi-year average of 1,7x. Return on equity (ROE) is at 93,1%, down from 122,5% the year before. Its debt-to-equity ratio of 0,1x is low, reflecting a conservative capital structure. In 2025, revenue grew 3% year-on-year while after-tax profit grew 637%.
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.