
VNECO Steel Structure Manufacturing Joint Stock Company (SSM), formerly known as Da Nang Steel Structure Manufacturing Factory, was established in 2001. In 2006, the Company transformed its operating business model as a Joint Stock Company. The company operates in the field of design and manufacture of mechanical products: prefabricated house frames, high towers, power poles, power transmission lines, post brackets for electrical equipment and other mechanical products. The Company is a member unit of Vietnam Electricity Construction Joint Stock Corporation and the third unit of the Corporation equipped with automatic digital control machine tools and advanced hot-dip galvanized lines of Germany. The company currently owns many modern machines and technologies. The company has participated in the construction of works for Power Company 3, Central Power Project Management Unit, Southern Power Project Management Unit, Power Transmission Company 2, Power Construction Company 3. On November 17, 2008, SSM officially traded on the Hanoi Stock Exchange (HNX).
SSM currently has a market capitalization of roughly VND 22 billion, placing it in the small-cap group on the Vietnamese stock market. Its current P/E of 16,3x is 89% above its own 5-year average (8,6x), suggesting the stock is trading richer than its historical norm. P/B stands at 0,4x, 0% above its multi-year average of 0,4x. Return on equity (ROE) is at -17,4%, down from -15,9% the year before. Its debt-to-equity ratio of 1,1x is moderate, reflecting a balanced capital structure. In 2025, revenue fell 40% year-on-year while after-tax profit fell 313%.
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.