KBC.VN Kinh Bac City Development Share Holding Corp
- Market cap
- VND 24.6T
- P/E
- 13.9x
- P/B
- 0.97x
- ROE
- 5.9%
- Dividend yield
- 0.00%
- Fundamental score
- 2.5/5
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is KBC.VN undervalued?
Graham numberKBC.VN trades 22.5% 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?
Kinh Bac City Development Share Holding Corp fundamental analysis
12 of 22 checks passedROE 0/2
Low return on equity (5.9%), below 10%.
ROA 1/1
Return on assets (2.0%) is above the industry median (1.2%).
Profit Consistency 2/2
Profitable for 7 consecutive years.
Earnings Growth 5Y 1/1
Earnings per share grew over the past 5 years.
Earnings Acceleration 1/1
Last year's EPS growth (348.9%) is above the 5-year average (44.2% a year).
Earnings Growth vs Industry 1/1
Last year's EPS growth (348.9%) is above the industry median (33.4%).
Revenue Growth 2/2
Revenue grew 91.6% a year over the past 3 years.
Short-term Liquidity 1/1
Current assets cover short-term liabilities.
Long-term Liabilities 1/1
Current assets cover long-term liabilities.
Debt to Equity 0/2
High debt to equity (118.2%), above 100%.
Debt Trend 0/1
Debt to equity has 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 4.2x against interest expense, below 5x.
PE vs Market 0/1
PE (14.0x) is above the market median (11.2x).
PE vs Industry 1/1
PE (14.0x) is below the industry median (39.4x).
PBV 0/1
Price to book (1.0x) is above the industry median (1.0x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 13.7, limit 22.5).
PEG 1/1
PEG on 5-year earnings growth is 0.32, growth is cheap.
Dividend Yield 0/2
Dividend yield (0.0%) 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 0.0%, 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
Kinh Bac City Development Share Holding Corp stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Kinh Bac City Development Share Holding Corp
KinhBac City Development Holding Corporation invests in, construct, and trades in infrastructure inside and outside industrial parks in Vietnam. The company develops industrial land, ready-built factory and offices, and residential estate. It also leases and sells factory plants. The company was formerly known as Kinh Bac City Development Share Holding Corporation. KinhBac City Development Holding Corporation was incorporated in 2002 and is headquartered in Que Vo, Vietnam.
Full company profileKinh Bac City Development Share Holding Corp 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.
Kinh Bac City Development Share Holding Corp 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 | 3.21T | 2.15T | 4.25T | 950B | 5.62T | 2.78T | 6.69T | 6.82T |
| Gross Profit | 1.85T | 689B | 2.47T | 266B | 3.70T | 1.28T | 3.19T | 3.43T |
| Operating Income | 1.53T | 412B | 2.02T | -245B | 2.93T | 726B | 2.44T | 2.73T |
| EBITDA | 1.61T | 738B | 1.92T | 2.30T | 3.40T | 1.16T | 3.79T | 3.29T |
| Net Income | 918B | 224B | 782B | 1.53T | 2.03T | 382B | 2.10T | 1.53T |
| EPS | 1,466 | 358 | 1,249 | 1,988 | 2,646 | 498 | 2,234 | 1,629 |
| Balance Sheet | ||||||||
| Total Assets | 16.4T | 23.8T | 30.6T | 34.9T | 33.4T | 44.7T | 69.8T | 76.7T |
| Total Liabilities | 6.05T | 13.1T | 14.4T | 17.1T | 13.2T | 24.1T | 43.0T | 48.8T |
| Shareholders' Equity | 9.48T | 9.70T | 13.9T | 16.1T | 18.2T | 18.6T | 24.8T | 25.9T |
| Cash & Short-term Investments | 652B | 1.05T | 2.56T | 1.68T | 841B | 6.57T | 8.39T | 5.14T |
| Cash Flow | ||||||||
| Operating Cash Flow | 1.54T | -2.91T | -1.23T | -1.22T | 2.12T | 1.15T | -17.3T | -9.69T |
| Capital Expenditure | 275B | 213B | 240B | 274B | 1.44T | 530B | 130B | 358B |
| Free Cash Flow | 1.26T | -3.13T | -1.47T | -1.49T | 684B | 621B | -17.5T | -10.0T |
| Ratios | ||||||||
| ROE | 9.7% | 2.3% | 5.6% | 9.5% | 11.2% | 2.1% | 8.5% | 5.9% |
| ROA | 5.6% | 0.9% | 2.6% | 4.4% | 6.1% | 0.9% | 3.0% | 2.0% |
| Net Profit Margin | 28.6% | 10.4% | 18.4% | 160.6% | 36.1% | 13.8% | 31.5% | 22.5% |
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.
Kinh Bac City Development Share Holding Corp dividends
- Dividend yield
- 0.00%
- Forward dividend
- -
- Payout ratio
- 0.0%
- Ex-dividend date
- Oct 24, 2019
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 375M | 0.40 | 0.0% |
| 2024 | VND 11.0M | 0.01 | 0.0% |
| 2023 | VND 130B | 170 | 6.4% |
| 2022 | VND 159M | 0.21 | 0.0% |
| 2021 | VND 19.1B | 30 | 2.4% |
| 2020 | VND 62.1B | 99 | 27.7% |
| 2019 | VND 455B | 726 | 49.5% |
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: 4:3 on Jun 21, 2022.
Who owns Kinh Bac City Development Share Holding Corp
- Insiders 35.20%
- Institutions 8.98%
- Public & others 55.83%
- Shares outstanding 942M
- Free float 771M
Kinh Bac City Development Share Holding Corp company profile
- Company name
- Kinh Bac City Development Share Holding Corp
- Ticker
- KBC.VN
- ISIN
- VN000000KBC7
- Exchange
- Vietnam Stocks
- Sector
- Real Estate
- Industry
- Real Estate Services
- Employees
- 306
- Fiscal year end
- December
- Address
- Lot B7 Que Vo Industrial Park, Que Vo, Vietnam
- Phone
- 84 2 223 634034
- Website
- kinhbaccity.vn
About Kinh Bac City Development Share Holding Corp
KinhBac City Development Holding Corporation invests in, construct, and trades in infrastructure inside and outside industrial parks in Vietnam. The company develops industrial land, ready-built factory and offices, and residential estate. It also leases and sells factory plants. The company was formerly known as Kinh Bac City Development Share Holding Corporation. KinhBac City Development Holding Corporation was incorporated in 2002 and is headquartered in Que Vo, Vietnam.
Kinh Bac City Development Share Holding Corp management
5- Ms. Huong Thi Thu NguyenCEO, General Director & Director · born 1971
- Mr. Pham Phuc HieuChief Accountant, Member of Management Board & Deputy General Director of Finance · born 1978
- Mr. Phan Anh DungDeputy General Director of Technology & Member of Management Board · born 1969
- Ms. Nguyen My NgocDeputy General Director of Sales & Member of Management Board · born 1972
- Mr. Nam Anh Dang NguyenHead of HCMC Representative Office