CII.VN Ho Chi Minh City Infrastructure Investment JSC
- Market cap
- VND 9.04T
- P/E
- 79.0x
- P/B
- 0.94x
- ROE
- 0.7%
- Dividend yield
- 6.61%
- Fundamental score
- 1.3/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is CII.VN undervalued?
Graham numberCII.VN trades 81.4% above its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Ho Chi Minh City Infrastructure Investment JSC fundamental analysis
6 of 22 checks passedROE 0/2
Low return on equity (0.7%), below 10%.
ROA 0/1
Return on assets (0.2%) is below the industry median (3.0%).
Profit Consistency 1/2
Profitable for 4 consecutive years.
Earnings Growth 5Y 0/1
Earnings per share did not grow over the past 5 years.
Earnings Acceleration 0/1
Last year's EPS growth (-72.2%) is not above the 5-year average (-28.5% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (-72.2%) is below the industry median (46.0%).
Revenue Growth 0/2
Revenue shrank 19.8% a year over the past 3 years.
Short-term Liquidity 1/1
Current assets cover short-term liabilities.
Long-term Liabilities 0/1
Current assets do not cover long-term liabilities.
Debt to Equity 0/2
High debt to equity (224.5%), above 100%.
Debt Trend 1/1
Debt to equity has not risen over the past 5 years.
Debt Coverage 0/1
Operating cash flow does not cover 20% of total debt.
Interest Coverage 0/1
EBIT is 1.2x against interest expense, below 5x.
PE vs Market 0/1
PE (80.5x) is above the market median (11.2x).
PE vs Industry 0/1
PE (80.5x) is above the industry median (11.8x).
PBV 1/1
Price to book (1.0x) is below the industry median (1.0x).
Graham Number 0/1
The price is above the Graham number (PE x PB = 76.9, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 2/2
Dividend yield (6.6%) is in the top 25% of dividend payers in the market.
Dividend Stability 0/2
Dividends were not paid steadily for the past 5 years.
Dividend Growth 1/1
Dividends paid grew over the past 5 years.
Payout Ratio 0/1
Payout ratio is 481.6%, above 90% of earnings.
Each check is worth 1 or 2 points by how much it says about the quality of the company. The score is the share of points earned, out of 5. Ask AI to explain this score
Ho Chi Minh City Infrastructure Investment JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Ho Chi Minh City Infrastructure Investment JSC
Ho Chi Minh City Infrastructure Investment Joint Stock Company engages in the infrastructure development business in Vietnam. It operates under build-operate-transfer (BOT) contracts; build-transfer (BT) contracts; collects road traffic toll fees; real estate business; and water distribution networks. The company is also involved in production and sale of specialized equipment related to traffic toll collection and construction; installing and maintaining traffic toll statio…
Full company profileHo Chi Minh City Infrastructure Investment JSC financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 2 quarters up to Jun 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Ho Chi Minh City Infrastructure Investment JSC annual financial statements (VND; K = thousand, M = million, B = billion, T = trillion)
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 1.81T | 5.37T | 2.86T | 5.75T | 3.09T | 3.03T | 2.96T | 3.17T |
| Gross Profit | 570B | 1.14T | 824B | 1.34T | 1.16T | 1.66T | 1.66T | 1.83T |
| Operating Income | 178B | 450B | 251B | 796B | 583B | 1.00T | 1.10T | 1.34T |
| EBITDA | 1.84T | 2.14T | 1.73T | 2.93T | 2.43T | 1.98T | 2.03T | 2.73T |
| Net Income | 196B | 254B | -332B | 695B | 178B | 260B | 124B | 66.2B |
| EPS | 790 | 1,063 | -1,391 | 2,756 | 560 | 712 | 198 | 99 |
| Balance Sheet | ||||||||
| Total Assets | 29.2T | 29.5T | 30.9T | 28.6T | 33.2T | 36.7T | 37.5T | 43.5T |
| Total Liabilities | 20.5T | 21.8T | 22.5T | 20.3T | 24.7T | 27.6T | 25.6T | 30.5T |
| Shareholders' Equity | 5.13T | 4.79T | 4.82T | 5.39T | 6.32T | 6.03T | 8.94T | 9.68T |
| Cash & Short-term Investments | 637B | 439B | 689B | 276B | 1.20T | 1.35T | 763B | 1.62T |
| Cash Flow | ||||||||
| Operating Cash Flow | 135B | -1.39T | -882B | 973B | 225B | 472B | -502B | -1.69T |
| Capital Expenditure | 1.33T | 391B | 436B | 251B | 312B | 411B | 188B | 4.78T |
| Free Cash Flow | -1.20T | -2.90T | -1.32T | 722B | -86.9B | 61.0B | -690B | -6.47T |
| Ratios | ||||||||
| ROE | 3.8% | 5.3% | -6.9% | 12.9% | 2.8% | 4.3% | 1.4% | 0.7% |
| ROA | 0.7% | 0.9% | -1.1% | 2.4% | 0.5% | 0.7% | 0.3% | 0.2% |
| Net Profit Margin | 10.8% | 4.7% | -11.6% | 12.1% | 5.8% | 8.6% | 4.2% | 2.1% |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
Ho Chi Minh City Infrastructure Investment JSC dividends
- Dividend yield
- 6.61%
- Forward dividend
- -
- Payout ratio
- 481.6%
- Ex-dividend date
- Sep 12, 2025
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 597B | 955 | 481.6% |
| 2024 | VND 507B | 1,392 | 195.4% |
| 2023 | VND 145B | 456 | 81.4% |
| 2022 | VND 1.39B | 5.51 | 0.2% |
| 2021 | VND 16.6B | 69 | - |
| 2020 | VND 415B | 1,737 | 163.4% |
| 2019 | VND 2.45M | 0.01 | 0.0% |
| 2018 | - | - | - |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 114:100 on Aug 5, 2025.
Who owns Ho Chi Minh City Infrastructure Investment JSC
- Insiders 4.37%
- Institutions 0.09%
- Public & others 95.54%
- Shares outstanding 672M
- Free float 669M
Ho Chi Minh City Infrastructure Investment JSC company profile
- Company name
- Ho Chi Minh City Infrastructure Investment JSC
- Ticker
- CII.VN
- ISIN
- VN000000CII6
- Exchange
- Vietnam Stocks
- Sector
- Industrials
- Industry
- Engineering & Construction
- Employees
- 500
- Fiscal year end
- December
- Address
- 152 Dien Bien Phu Street, Ho Chi Minh City, Vietnam
- Phone
- 84 28 3622 1025
- Website
- cii.com.vn
About Ho Chi Minh City Infrastructure Investment JSC
Ho Chi Minh City Infrastructure Investment Joint Stock Company engages in the infrastructure development business in Vietnam. It operates under build-operate-transfer (BOT) contracts; build-transfer (BT) contracts; collects road traffic toll fees; real estate business; and water distribution networks. The company is also involved in production and sale of specialized equipment related to traffic toll collection and construction; installing and maintaining traffic toll station; construction of civil, industrial, traffic and road works, and drain pipes; planting trees; landscape care and maintenance services; and undertakes bridge and residential infrastructure projects, as well as real estate projects; and provision of clean water. The company was incorporated in 2001 and is headquartered in Ho Chi Minh City, Vietnam.
Ho Chi Minh City Infrastructure Investment JSC management
10- Mr. Binh Quoc LeCEO, General Director, Member of Executive Board & Director · born 1972
- Ms. Tra Thi Thu NguyenCFO & Member of Executive Board · born 1978
- Ms. Tram Mai Bao NguyenDeputy General Director, Member of Executive Board & Director · born 1963
- Ms. Huong Quynh NguyenDeputy CEO, Deputy General Director & Member of Executive Board · born 1980
- Mr. Hoang Truong NguyenDirector of Project Development & Member of Executive Board
- Mr. Thanh Van NguyenDeputy CEO, Deputy General Director & Member of Executive Board
- Ms. Vy Yen TranAdministrative Director & Member of Executive Board
- Mr. Hieu Trung LeDirector of Capital Management & Member of Executive Board
- Mr. Minh Duy NguyenDirector of Infrastructure Construction Management
- Mr. Thinh Van NguyenDirector of Technology & Digital Transformation