
Viet Bac Mining Industry Corporation TKV - Joint Stock Company (MVB), formerly known as Coal Company III, was established on July 1, 1980. MVB operates in the fields of coal mining, cement production, construction materials, mechanical production and general business. The Corporation has officially operated in the form of a joint stock company since 2015. MVB currently manages and operates Nui Hong, Khanh Hoa and Na Duong coal mines, accounting for two-thirds of the total reserves of Vietnam's domestic coal shelf. Consumption output: Hong Mountain Coal Mine: 400,000 tons/year; Na Duong Coal Mine: 600,000 tons/year. MVB is listed and traded on the Hanoi Stock Exchange (HNX) since 2020.
MVB currently has a market capitalization of roughly VND 1.827 billion, placing it in the mid-cap group on the Vietnamese stock market. Its current P/E of 9,2x is 19% above its own 8-year average (7,7x), suggesting the stock is trading richer than its historical norm. P/B stands at 1x, 7% below its multi-year average of 1,1x. Return on equity (ROE) is at 9,4%, down from 10,8% the year before. Its debt-to-equity ratio of 0,2x is low, reflecting a conservative capital structure. In 2025, revenue grew 4% year-on-year while after-tax profit grew 4%.
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.