
Northern Garment Fiber Fabric Joint Stock Company (TET), formerly known as Garment Fiber Fabric Corporation, was established in 1957. TET has officially operated under the model of a joint stock company since 2005. The company specializes in manufacturing, trading and importing clothes, cotton, fabrics, dyes, chemicals, leather goods and imitation leather for domestic consumption and export. The company has a system of stores, general warehouses and factories concentrated in Hanoi and Ho Chi Minh City. The company is capable of supplying over 1 million clothing products and 300,000 bags and backpacks per year. The company's products have been exported to Europe, the US, the EU, South Korea and Japan. Currently, due to difficulties in the garment business, TET mainly conducts business, leasing offices and warehouses. The company is providing office rental services at No. 26, Lane 53 Duc Giang Street, Duc Giang Ward, Long Bien District, Hanoi and warehouse rental at 79 Lac Trung, Vinh Tuy, Hai Ba Trung, Hanoi. TET has been listed on the Hanoi Stock Exchange (HNX) since April 2010.
TET currently has a market capitalization of roughly VND 2.892 billion, placing it in the mid-cap group on the Vietnamese stock market. Its current P/E of 402,2x is 492% above its own 8-year average (67,9x), suggesting the stock is trading richer than its historical norm. P/B stands at 25x, 449% above its multi-year average of 4,6x. Return on equity (ROE) is at 6,1%, down from 8,7% the year before. Its debt-to-equity ratio of 0x is low, reflecting a conservative capital structure. In 2025, revenue fell 0% year-on-year while after-tax profit grew 106%.
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.