HT1.VN Ha Tien 1 Cement JSC
- Market cap
- VND 5.08T
- P/E
- 12.5x
- P/B
- 0.99x
- ROE
- 8.2%
- Dividend yield
- 0.75%
- Fundamental score
- 2.3/5
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is HT1.VN undervalued?
Graham numberHT1.VN trades 25.9% below 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?
Ha Tien 1 Cement JSC fundamental analysis
11 of 22 checks passedROE 0/2
Low return on equity (8.2%), below 10%.
ROA 1/1
Return on assets (5.6%) is above the industry median (5.3%).
Profit Consistency 2/2
Profitable for 7 consecutive years.
Earnings Growth 5Y 0/1
Earnings per share did not grow over the past 5 years.
Earnings Acceleration 1/1
Last year's EPS growth (355.1%) is above the 5-year average (-14.7% a year).
Earnings Growth vs Industry 1/1
Last year's EPS growth (355.1%) is above the industry median (-18.6%).
Revenue Growth 0/2
Revenue shrank 6.2% a year over the past 3 years.
Short-term Liquidity 0/1
Current assets do not cover short-term liabilities.
Long-term Liabilities 1/1
Current assets cover long-term liabilities.
Debt to Equity 2/2
Low debt to equity (0.6%), 40% or less.
Debt Trend 0/1
Debt to equity has risen over the past 5 years.
Debt Coverage 1/1
Operating cash flow covers 20% of total debt.
Interest Coverage 1/1
EBIT is 18.1x against interest expense, well covered.
PE vs Market 0/1
PE (12.9x) is above the market median (11.2x).
PE vs Industry 0/1
PE (12.9x) is above the industry median (7.8x).
PBV 1/1
Price to book (1.0x) is below the industry median (1.0x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 13.1, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 0/2
Dividend yield (0.8%) is in the bottom 25% of dividend payers in the market.
Dividend Stability 0/2
Dividends were not paid steadily for the past 5 years.
Dividend Growth 0/1
Dividends paid did not grow over the past 5 years.
Payout Ratio 1/1
Payout ratio is 13.9%, covered by 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
Ha Tien 1 Cement JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Ha Tien 1 Cement JSC
Vicem Ha Tien Cement Joint Stock Company engages in production and trading of cement, building materials, clinker, construction materials, and supplies in Vietnam. The company offers building materials, including bricks, tiles, mortar, and concrete. It also undertakes civil construction works and construction of traffic works; trades in real estate, such as office building for leasing; exploits stone, sand, gravel, and clay; and collects and disposes waste and recycling scra…
Full company profileHa Tien 1 Cement JSC financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Ha Tien 1 Cement 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 | 8.84T | 7.96T | 7.06T | 8.92T | 7.05T | 6.88T | 7.36T | 8.52T |
| Gross Profit | 1.56T | 1.36T | 869B | 892B | 604B | 645B | 920B | 1.12T |
| Operating Income | 1.19T | 1.00T | 570B | 471B | 188B | 175B | 424B | 609B |
| EBITDA | 1.87T | 1.61T | 1.15T | 973B | 697B | 693B | 975B | 1.14T |
| Net Income | 740B | 608B | 369B | 258B | 17.7B | 60.1B | 274B | 421B |
| EPS | 1,940 | 1,593 | 967 | 675 | 46 | 158 | 717 | 1,102 |
| Balance Sheet | ||||||||
| Total Assets | 10.3T | 10.0T | 8.81T | 9.39T | 8.62T | 8.22T | 7.60T | 7.49T |
| Total Liabilities | 4.92T | 4.65T | 3.63T | 4.27T | 3.79T | 3.35T | 2.51T | 2.36T |
| Shareholders' Equity | 5.36T | 5.38T | 5.17T | 5.10T | 4.82T | 4.87T | 5.08T | 5.12T |
| Cash & Short-term Investments | 818B | 1.08T | 296B | 474B | 607B | 849B | 518B | 449B |
| Cash Flow | ||||||||
| Operating Cash Flow | 1.21T | 1.25T | 736B | 586B | -360B | 572B | 797B | 1.03T |
| Capital Expenditure | 76.1B | 93.3B | 126B | 194B | 152B | 109B | 219B | 326B |
| Free Cash Flow | 1.13T | 1.16T | 610B | 393B | -512B | 463B | 578B | 701B |
| Ratios | ||||||||
| ROE | 13.8% | 11.3% | 7.1% | 5.0% | 0.4% | 1.2% | 5.4% | 8.2% |
| ROA | 7.2% | 6.1% | 4.2% | 2.7% | 0.2% | 0.7% | 3.6% | 5.6% |
| Net Profit Margin | 8.4% | 7.6% | 5.2% | 2.9% | 0.3% | 0.9% | 3.7% | 4.9% |
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.
Ha Tien 1 Cement JSC dividends
- Dividend yield
- 0.75%
- Forward dividend
- 320.00 VND
- Payout ratio
- 13.9%
- Ex-dividend date
- Sep 16, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 38.2B | 100 | 13.9% |
| 2024 | VND 172B | 452 | 286.5% |
| 2023 | VND 179B | 468 | 1,007.6% |
| 2022 | VND 254B | 666 | 98.6% |
| 2021 | VND 637B | 1,670 | 172.7% |
| 2020 | VND 92.5B | 242 | 15.2% |
| 2019 | VND 457B | 1,198 | 61.8% |
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: 120:100 on Oct 26, 2016.
Who owns Ha Tien 1 Cement JSC
- Insiders 85.92%
- Institutions 3.52%
- Public & others 10.56%
- Shares outstanding 382M
- Free float 77.5M
Ha Tien 1 Cement JSC company profile
- Company name
- Ha Tien 1 Cement JSC
- Ticker
- HT1.VN
- ISIN
- VN000000HT12
- Exchange
- Vietnam Stocks
- Sector
- Basic Materials
- Industry
- Building Materials
- Employees
- 2,256
- Fiscal year end
- December
- Address
- No. 604, Vo Van Kiet Street, Ho Chi Minh City, Vietnam
- Phone
- 84 2 83 836 8363
- Website
- vicemhatien.com.vn
About Ha Tien 1 Cement JSC
Vicem Ha Tien Cement Joint Stock Company engages in production and trading of cement, building materials, clinker, construction materials, and supplies in Vietnam. The company offers building materials, including bricks, tiles, mortar, and concrete. It also undertakes civil construction works and construction of traffic works; trades in real estate, such as office building for leasing; exploits stone, sand, gravel, and clay; and collects and disposes waste and recycling scrap. The company was formerly known as Ha Tien 1 Cement Joint Stock Company. Vicem Ha Tien Cement Joint Stock Company was founded in 1964 and is headquartered in Ho Chi Minh City, Vietnam.
Ha Tien 1 Cement JSC management
7- Mr. Thang Quoc NguyenCEO & Director
- Mr. Trung Ngoc VoHead of Strategic Planning & Director · born 1976
- Mr. Vu Truong NguyenChief Accountant and Head of Finance & Accounting Department
- Mr. Viet Duc MaiHead of Legal Examination Department
- Ms. Quynh Nguyen BuiDeputy Chief Executive Officer
- Mr. Phuong Tran Minh DoanHead of Information Technology Department
- Ms. Vuong Thanh Thi NguyenCompany Secretary