
Tien Than Power Construction Joint Stock Company is a Centrifugal Concrete and Power Construction Enterprise under the Power Construction Company, established in 1988. On July 11, 2003, the Company equitized and transferred to operate under the model of a joint stock company. The company operates mainly in the field of construction of power works, power sources, construction and installation of power grid systems and transformer stations up to 500 kV. Currently, the company has 1 fleet of vehicles - construction machines and 5 electrical construction teams. Some works that VE3 has constructed such as: Construction of 500kV Son La - Hoa Binh and Son La - Nho Quan lines; 220kV O Mon - Soc Trang lines; 220kV Kien Luong - Chau Doc lines...
VE3 currently has a market capitalization of roughly VND 32 billion, placing it in the small-cap group on the Vietnamese stock market. Its current P/E of 225,2x is 115% above its own 7-year average (104,9x), suggesting the stock is trading richer than its historical norm. P/B stands at 1x, 43% above its multi-year average of 0,7x. Return on equity (ROE) is at -21,3%, down from 0,4% the year before. Its debt-to-equity ratio of 2,6x is relatively high, reflecting a leveraged capital structure. In 2025, revenue fell 67% year-on-year while after-tax profit fell 1685%.
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.