Construction Joint Stock Company No. 1 (HNX:VC1)

Vietnam · Delayed Price · Currency is VND

13,400

+500 (3.88%)

At close: Nov 4, 2026

HNX:VC1 Financials Overview

Financials in millions VND. Fiscal year is January - December.

Millions VND. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	840,797	557,051	508,497	222,688	429,289	307,822
Revenue Growth	45.43%	9.55%	128.35%	-48.13%	39.46%	-32.57%
Gross Profit	56,445	41,214	30,850	16,718	24,658	17,844
Operating Income	20,819	17,602	18,482	15,381	17,397	15,052
Net Income	6,502	6,063	3,588	2,621	8,045	6,933
Earnings Per Share	540.95	505.21	298.99	218.38	670.00	578.00
EPS Growth	78.59%	68.97%	36.91%	-67.41%	15.92%	-42.64%

Revenue by Segment

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
Construction Projects	502,540
Rental and Related Services	16,502
Real Estate Business	38,008
Total	557,051

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	60,195	65,372	30,366	15,801	765.35	13,785
Total Debt	341,287	105,175	142,158	101,836	84,690	116,425
Net Cash (Debt)	-281,092	-39,803	-111,791	-86,035	-83,925	-102,641
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-23386.46	-3316.92	-9315.96	-7169.57	-6989.59	-8556.47

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	-278,450	72,905	-25,937	-3,689	18,469	22,397
Capital Expenditures	-13,896	-	-838.28	-	-	-
Free Cash Flow	-292,346	72,905	-26,775	-3,689	18,469	22,397
Free Cash Flow Growth	-	-	-	-	-17.54%	-79.27%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	6.71%	7.40%	6.07%	7.51%	5.74%	5.80%
Operating Margin	2.48%	3.16%	3.64%	6.91%	4.05%	4.89%
Pretax Margin	1.20%	1.67%	1.21%	2.20%	2.43%	2.97%
Profit Margin	0.77%	1.09%	0.71%	1.18%	1.87%	2.25%
FCF Margin	-34.77%	13.09%	-5.27%	-1.66%	4.30%	7.28%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 4, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	24.77	25.53	28.43	36.17	14.92	38.94
P/FCF Ratio	-	2.12	-	-	6.50	12.06
PS Ratio	0.18	0.28	0.20	0.43	0.28	0.88