KHG.VN Khai Hoan Land Group JSC
- Market cap
- VND 2.02T
- P/E
- 31.7x
- P/B
- 0.38x
- ROE
- 1.2%
- Dividend yield
- -
- Fundamental score
- 1.6/5
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Jun 2026.
Is KHG.VN undervalued?
Graham numberKHG.VN trades 27.0% 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?
Khai Hoan Land Group JSC fundamental analysis
7 of 22 checks passedROE 0/2
Low return on equity (1.2%), below 10%.
ROA 0/1
Return on assets (0.9%) is below the industry median (1.4%).
Profit Consistency 2/2
Profitable for 6 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 (23.3%) is above the 5-year average (-17.1% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (23.3%) is below the industry median (66.4%).
Revenue Growth 0/2
Revenue shrank 24.5% 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 2/2
Low debt to equity (15.6%), 40% or less.
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 1.2x against interest expense, below 5x.
PE vs Market 0/1
PE (31.7x) is above the market median (11.2x).
PE vs Industry 0/1
PE (31.7x) is above the industry median (13.2x).
PBV 1/1
Price to book (0.4x) is below the industry median (0.9x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 12.0, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 0/2
No dividend paid in the last reported year.
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 0/1
No dividend, or no profit to pay it from.
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
Khai Hoan Land Group JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Khai Hoan Land Group JSC
Khai Hoan Land Group Joint Stock Company, together with its subsidiaries, provides real estate brokerage services in Vietnam. The company engages in real estate consulting; brokerage services; auction of real estate and land use rights; housing construction; site preparation; construction of other civil engineering works; trading of real estate; civil design activities; and landscape maintenance services. It is also involved in hotel services; trade promotion; restaurants an…
Full company profileKhai Hoan Land Group JSC financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Jun 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Khai Hoan Land Group JSC annual financial statements (VND; K = thousand, M = million, B = billion, T = trillion)
| Item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 303B | 1.29T | 1.40T | 331B | 310B | 601B | 690B |
| Gross Profit | 143B | 582B | 526B | 27.7B | 45.4B | 114B | 86.1B |
| Operating Income | 99.3B | 504B | 353B | -59.6B | -40.0B | 11.0B | -170B |
| EBITDA | - | - | 687B | 217B | 144B | 158B | 402B |
| Net Income | 96.7B | 414B | 442B | 25.4B | 55.7B | 68.7B | 61.3B |
| EPS | 390 | - | 984 | 56 | 124 | 153 | 136 |
| Balance Sheet | |||||||
| Total Assets | 2.37T | 6.42T | 7.04T | 6.39T | 6.59T | 6.99T | 6.83T |
| Total Liabilities | 612B | 1.72T | 1.90T | 1.23T | 1.37T | 1.70T | 1.51T |
| Shareholders' Equity | 1.76T | 4.70T | 5.14T | 5.17T | 5.22T | 5.29T | 5.32T |
| Cash & Short-term Investments | 162B | 564B | 196B | 50.1B | 107B | 94.7B | 104B |
| Cash Flow | |||||||
| Operating Cash Flow | 192B | -2.49T | -1.02T | -321B | -61.1B | -442B | -1.49T |
| Capital Expenditure | 0.00 | 344M | 1.12B | 274M | 1.40B | 505M | 384B |
| Free Cash Flow | 192B | -2.49T | -1.02T | -321B | -62.5B | -443B | -1.87T |
| Ratios | |||||||
| ROE | 5.5% | 8.8% | 8.6% | 0.5% | 1.1% | 1.3% | 1.2% |
| ROA | 4.1% | 6.4% | 6.3% | 0.4% | 0.8% | 1.0% | 0.9% |
| Net Profit Margin | 31.9% | 32.1% | 31.7% | 7.7% | 18.0% | 11.4% | 8.9% |
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.
Khai Hoan Land Group JSC dividends
Khai Hoan Land Group JSC has not paid dividends in the last 7 fiscal years.
Last stock split: 1419:1000 on Apr 21, 2022.
Who owns Khai Hoan Land Group JSC
- Insiders 48.35%
- Institutions 0.00%
- Public & others 51.65%
- Shares outstanding 449M
- Free float 241M
Khai Hoan Land Group JSC company profile
- Company name
- Khai Hoan Land Group JSC
- Ticker
- KHG.VN
- Exchange
- Vietnam Stocks
- Sector
- Real Estate
- Industry
- Real Estate - Development
- Employees
- 5,513
- Fiscal year end
- September
- Address
- Khai Hoan Building, Ho Chi Minh City, Vietnam
- Phone
- 84 28 5411 0088
- Website
- khaihoanland.vn
About Khai Hoan Land Group JSC
Khai Hoan Land Group Joint Stock Company, together with its subsidiaries, provides real estate brokerage services in Vietnam. The company engages in real estate consulting; brokerage services; auction of real estate and land use rights; housing construction; site preparation; construction of other civil engineering works; trading of real estate; civil design activities; and landscape maintenance services. It is also involved in hotel services; trade promotion; restaurants and catering services; retailing other goods in specialized stores; wholesale of other household appliances; career education; and other recreational activities. The company was incorporated in 2009 and is headquartered in Ho Chi Minh City, Vietnam.
Khai Hoan Land Group JSC management
4- Ms. Hanh Thi Nhat DinhCEO, Member of Management board & Vice Chairwoman
- Ms. Phu Thi Minh PhamDeputy CEO, Member of Management Board & Director
- Mr. Duong Van TranDeputy CEO & Member of Management Board
- Nghia Viet KhuChief Accountant