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VNECO8 Power Construction Joint Stock Company (VE8), formerly known as Grid 7 Construction Team of Line and Station 3 Construction Company (Power Construction Company 3 ), was established in March 1987 with an office located in the Central Highlands since then. The team was established for the purpose of constructing a power grid system in the Central Highlands, the first of which was to bring light from the Dak H'Linh hydropower plant to the villages. The company operates in two main areas: electrical construction and industrial production. For the electrical construction industry, VNECO 8 together with 18 other specialized construction units in the Electricity of Vietnam Construction Joint Stock Corporation accounted for about 35% - 40% of the market share. The company operates mainly in the Southern, Central and Central Highlands markets. On June 9, 2025, VE8 officially traded on the UPCOM market.
VE8 currently has a market capitalization of roughly VND 4 billion, placing it in the small-cap group on the Vietnamese stock market. Its current P/E of 16,4x is 33% above its own 3-year average (12,3x), suggesting the stock is trading richer than its historical norm. P/B stands at 14,4x, 242% above its multi-year average of 4,2x. Return on equity (ROE) is at -129,2%, down from -41,3% the year before. Its debt-to-equity ratio of 67,4x is relatively high, reflecting a leveraged capital structure. In 2024, revenue fell 19% year-on-year while after-tax profit fell 71%.
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.