
Thang Long Corporation - Joint Stock Company (TTL), formerly known as Thang Long Bridge Complex Enterprise, was established in 1973. The Corporation operates in 03 main areas including: (i) Construction of traffic, civil works and industrial park infrastructure, (ii) Provision of warehouse leasing services and (iii) Production of construction materials. The construction and installation sector is a traditional industry, contributing largely to the total annual revenue of TTL. Currently, TTL is also focusing on expanding the market to build and install works in the Central provinces. Typical works of TTL include: Thang Long Bridge, Hoang Long Bridge and Ham Rong Bridge for Package 4 (contract value 165.5 billion VND), Package 1, Hanoi – Vinh section (310 billion VND), Ho Chi Minh Road Construction Project, section from Km164 +000 – Km321 +000, Thanh Hoa - Quang Tri province (677 billion VND), Ho Chi Minh City – Trung Luong Expressway Project (1,200 billion VND), Ring Road Construction Project 3 – Phase 2 – Package 3 (1,338 billion VND). In 2018, TTL was officially traded at the Hanoi Stock Exchange (HNX).
TTL currently has a market capitalization of roughly VND 297 billion, placing it in the small-cap group on the Vietnamese stock market. Its current P/E of 6,2x is 80% below its own 8-year average (30,9x), suggesting the stock is trading cheaper than its historical norm. P/B stands at 0,5x, 34% below its multi-year average of 0,8x. Return on equity (ROE) is at 7,2%, down from 7,8% the year before. Its debt-to-equity ratio of 1,6x is relatively high, reflecting a leveraged capital structure. In 2025, revenue grew 11% year-on-year while after-tax profit grew 2835%.
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.