
Thai Nguyen Iron and Steel Joint Stock Company (TIS), formerly known as Thai Nguyen Iron and Steel Area, was established in 1959. In 2009, the Company transformed its operating business model as a Joint Stock Company. The company specializes in the production and trading of steel and iron. Currently, the company's production capacity of billets and rolled steel is 1,000,000 tons/year and annual revenue is over VND 9,000 billion. The company has 15 branches of member units located in provinces such as Thai Nguyen, Tuyen Quang, Phu Tho, Quang Ninh,... the main production plants are located in Luu Xa area in the south of Thai Nguyen city, Thai Nguyen province. TISCO steel products have been selected and used in most key national projects such as Terminal T2 of Noi Bai International Airport, Nhat Tan Bridge, National Assembly Building, National Convention Center, My Dinh National Stadium, and many other projects; penetrated into international markets such as Canada, Singapore, Indonesia, Laos, Cambodia...On March 24, 2011, TIS officially traded on UPCOM market.
TIS currently has a market capitalization of roughly VND 787 billion, placing it in the small-cap group on the Vietnamese stock market. Its current P/E of 41,4x is 24% below its own 6-year average (54,8x), suggesting the stock is trading cheaper than its historical norm. P/B stands at 0,5x, 36% below its multi-year average of 0,8x. Return on equity (ROE) is at 1,3%, up from 0,1% the year before. Its debt-to-equity ratio of 2,8x is relatively high, reflecting a leveraged capital structure. In 2025, revenue grew 13% year-on-year while after-tax profit grew 114%.
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.