
Truong Son 532 Joint Stock Company (TS3), formerly known as 532 Material Supply - Transportation Enterprise, was established in 1989. The company operates in the field of construction of traffic works, irrigation works and other civil works. The company has constructed typical works such as the construction of the concrete carpet of the Dragon Bridge, the revetment of the west bank of the Han River in Da Nang, the EAHRE Irrigation Dam in Gia Lai, Da Nang - Quang Ngai Expressway. In addition, the Company also produces construction stone materials at 02 concrete mixing plants with a total capacity of 200 tons/hour. TS3 has been traded on the UPCOM market since January 2018.
TS3 currently has a market capitalization of roughly VND 19 billion, placing it in the small-cap group on the Vietnamese stock market. Its current P/E of 62,7x is 66% below its own 6-year average (184,7x), suggesting the stock is trading cheaper than its historical norm. P/B stands at 0,5x, 9% below its multi-year average of 0,6x. Return on equity (ROE) is at 0,8%. Its debt-to-equity ratio of 2,5x is relatively high, reflecting a leveraged capital structure. In 2025, revenue grew 27% year-on-year while after-tax profit grew 0%.
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.