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VEA

Vietnam Power Machinery and Agricultural Machinery Corporation (VEA), formerly known as Power Machinery and Agricultural Machinery Corporation, was established on May 12, 1990. VEA operates in the field of production and business of dynamic equipment, agricultural machines, tractors, cars, motorcycles, land transport vehicles and other mechanical equipment. With the current capacity, VEA can produce 60 per year. 000 internal combustion engine products, 5,500 tractor products of all kinds, 3,000 generator products, 2,000 agricultural machine products, 3,000 truck products and over 50,000,000 spare parts products of all kinds. The company's engine and agricultural machinery products are not only consumed domestically but also exported to many countries around the world such as Sri Lanka, Myanmar, the Philippines, Indonesia. In addition, the Corporation is also the partner of many foreign-invested joint ventures in Vietnam such as Toyota Vietnam Company (TMV), Vietnam Suzuki Corporation (Visuco), Vietnam Japan Mechanical Company (J.V.E), and Ford Vietnam Ltd. VEA has been traded on the UPCOM market since July 2018.

Quick Take

VEA currently has a market capitalization of roughly VND 45.344 billion, placing it in the large-cap group on the Vietnamese stock market. Its current P/E of 5,9x is 28% below its own 8-year average (8,2x), suggesting the stock is trading cheaper than its historical norm. P/B stands at 1,6x, 24% below its multi-year average of 2,1x. Return on equity (ROE) is at 26,4%, up from 25,2% the year before. Its debt-to-equity ratio of 0x is low, reflecting a conservative capital structure. In 2025, revenue grew 9% year-on-year while after-tax profit fell 3%.

This note is generated automatically from the stock's real financial data, for reference only — not investment advice.

Revenue & Profit

Unit: VND billion. Growth (%) vs. previous period.

Market Cap

Unit: VND billion. Year-end values; current year uses latest session.

Debt / Equity

Unit: x. Financial debt over shareholders' equity.

Data aggregated from cafef.vn and VNDirect, for reference only, not investment advice.