Choose 5 stocks which are currently listed on

Ho Chi Minh Stock Exchange (HOSE) &

primarily create an equally - weighted portfolio

(mỗi người 1 stock)

Kinh Bac City Development Holding Corporation
1. Brief description
The Kinh Bac City Development Holding Corporation has its core business in investment, development,
and trade of industrial real estate properties. December 18, 2007, marked a turning point in the
corporation's history when 88,000 shares of the company were listed at the Hanoi Stock Exchange with the
code Stock: KBC. Through 10 years of operation and development, Kinh Bac has striven and ultimately
succeeded in its business goals and become a top corporation in attracting FDI corporations to Vietnam.
Nowadays, the company is one of the most prominent real estate enterprises in Vietnam and has expanded
its influence by investing in joint ventures in different fields such as finance, banking, energy and
telecommunication.
2. History of the company
Kinh Bac City Development ShareHolding Corporation was established on 27 March 2002 with a charter
capital of 20 million under the name of Kinh Bac City development Joint-stock company. Kinh Bac's first
activities are investing and doing business in the infrastructure, which became the investor for investment
and construction for Que Vo industrial park in Bac Ninh province in December 2002. From 2004 to 2007,
thanks to the constant effort to enhance the project, Kinh Bac has attracted many worldwide high-tech
corporations for investment, such as Canon from Japan and Foxconn from Taiwan. In addition, the
company was also officially listed on HaNoi stock exchange (HNX) with 88,000 shares in 2007 and
changed into a list on the Ho Chi Minh City Exchange (HOSE) in 2009 (vcbs, n.d). In recent years, Kinh
Bac City (KBC VN) is a leading industrial-park company in the North of Vietnam, focusing on developing the
high-tech industrial parks with a scale of 5,278 hectares and attracting many large enterprises such as
Samsung, LG, and satellite companies.
3. The company’s ownership structure
Shareholder Shares Percentage %

Major shareholders 119,821,590 25.51%

Foreign shareholders 116,932,607 24.89%

Long-term shareholders 193,390,259 41.17%

Kinh Bac Consultancy 44,656,290 9.49%

and Investment.,JSC
 Other shareholders 39,616,033 8.43%

Dang Thanh Tam 75,250,000 16,02%

(Chairman)

Nguồn: https://www.kinhbaccity.vn/download/kbc-annual-report-2019.pdf

4. Total financial performance

1. Total assets and capital structures

2019 2020 2021

Total assets and capital structures

Total asset 16,432,989,802,701 23,785,878,249,949 30,605,110,397

Total liability 6,051,858,701,629 13,132,883,122,220 14,432,440,314

Total equity 10,381,131,101,072 10,652,995,127,729 16,172,670,083

Total revenue and profit

Operating revenue (from 3,209,906,030,157 2,150,962,555,356 4,308,616,914

goods and services)

Profit before tax 1,364,174,909,478 453,172,376,342 1,364,654,553

Profit after corporate income 1,040,758,864,229 319,813,966,112 955,144,955

tax

Profit after parent company’s 918,361,874,953 224,032,834,488 783,708,745

tax

Financial indicators

EPS (thousand dongs) 1.995 477 1.585

BV (thousand dongs) 22.10 22.68 28,39

ROA (%) 5.51 1.11 2.88

P/E ratio (%) 7.90 51.18 38.37

ROE (%) 9.08 2.13 5.84

nguồn : https://finance.vietstock.vn/KBC/financials.htm

https://s.cafef.vn/bao-cao-tai-chinh/KBC/CashFlow/2021/0/0/0/ket-qua-hoat-dong-kinh-doanh-tong-cong-ty-
phat-trien-do-thi-kinh-bacctcp.chn
Vietnam Dairy Products Joint Stock Company - VNM
1. Brief description:
Vietnam Dairy Products Joint Stock Company, also known as Vinamilk is one of the leading nutrition
companies in Vietnam, holding approximately 50 percent of the dairy market (Nguyen, 2021).
Furthermore, Vinamilk currently majors in processing, manufacturing and trading dairy products as
well as breeding dairy cows. Recently, the company has expanded its business to not only the
domestic market but also the international market, specifically in some neighboring countries
Cambodia, Laos as well as the potential market of New Zealand. The firm is now listed on the
HOSE Vietnamese Stock Exchange with the stock ticker VNM (CaFef, n.d).
2. History of the company
After taking over three predecessor milk factories: Thong Nhat, Truong Tho and Milk Powder Dielac,
Vinamilk was founded in 1976. The company's shares were officially traded on the Ho Chi Minh City
Stock Exchange on January 19, 2006, with a listed volume of 159 million shares. According to
CaFef (n.d), from 2007 to 2009, the company concentrated on developing within domestic markets
by expanding and developing a series of dairy factories and farms in Hanoi, Nghe An, Tuyen
Quang. In 2010, Vinamilk successfully implemented the strategy of investing abroad, particularly in
New Zealand. With these achievements, the firm was honored by Forbes Asia and awarded the Top
200 Best Enterprises in Asia in 2012.
3. The company’s ownership structure:

Shareholder Shares Percentages (%)

Major shareholders 1,400,518,390 67.01%

Domestic shareholders 752,476,602 36.00%

Foreign shareholders 648,041,788 31.01%

Treasury shares 279,099 0.01%

Other shareholders 689,157,956 32.97%

Domestic shareholders 130,274,408 6.23%

Foreign shareholders 558,883,548 26.74%

4. Brief introduction about the companies’ financial performance for the last 3 years (total
assets, capital structure, total revenue, profit, share price, etc.)

2019 2020 2021

Total assets and capital structures

Total assets 44,699,873,386,034 48,432,480,673,629 53,332,403,438,219

Total Liabilities 14,968,618,181,670 14,785,358,443,807 17,482,289,188,835

Total Equity 29,731,255,204,364 33,647,122,229,822 35,850,114,249,384

Total revenue and profit

Operating revenue 56,318,122,762,744 59,636,286,225,547 60,919,164,846,146

(from goods and
services)
Profit before tax 12,795,709,638,557 13,518,536,087,024 12,922,235,486,919

Profit after corporate 10,554,331,880,891 11,235,732,234,125 10,632,535,972,478

income tax

Profit after parent 10,581,175,671,989 11,098,936,856,369 10,532,477,099,899

company’s tax

Financial indicators

EPS (thousand dong) 5.48 4.77 4.52

BV (thousand dong) 17.07 16.1 17.15

P/E ratio (%) 21.26 22.81 19.12

ROA (%) 23.67 22.92 19.75

ROE (%) 35.39 32.99 29.38

5. KDH_QUỐC DUY

LINK THAM KHẢO KDH:

- Phân tích cổ phiếu KDH: dự án đẹp, quỹ đất tiềm
năng, giá hợp lý 40.000 đ/cp

- Cập nhật Cổ phiếu KDH - Công ty Cổ phần Đầu

tư Kinh doanh nhà Khang Điền

- Báo cáo phân tích cổ phiếu Khang Điền (KDH)

(khangdienhcm.com)

- Phân tích cổ phiếu KDH (Nhà Khang Điền): Triển

vọng 2022-2023 tích cực, giá mục tiêu 43.400
đồng/cp

- GetReport (vcbs.com.vn)

-BÁO CÁO PHÂN TÍCH KINH DOANH NHÀ

KHANG ĐIỀN
 1. Brief description.

Established in 2001, Khang Dien House Trading and Investment JSC has become a professional real
estate developer with total assets of VND 13,934 billion. The company focuses on developing townhouses,
townhouses, and villas with green space trends. Currently, the company's charter capital is VND 5,786
billion and provides about 20,000 products to the market with a consumption rate of nearly 100%. As a
result, the company continuously develops its land bank, diversifying products and expanding cooperation
with strategic partners. With the stock ticker KDH on the HOSE Vietnamese Stock Exchange, Khang Dien
is a prestigious brand loved and trusted by many shareholders, partners, and customers.

2. History of the company.

With the goal of becoming a comprehensive real estate supplier and leading the housing market, Khang
Dien has become a leading enterprise with a stable growth rate in the context of the epidemic and
economic situations. The company has 23 subsidiaries operating in the field of real estate investment and
consulting. Equity in 2018 is 6,899 billion VND. In 2014, 2015, the company succeeded with the Mega
product chain. The company's current land bank is 606 hectares, concentrated in the East and Southwest
of Ho Chi Minh City. In 2020, Khang Dien achieved VND 1,152 billion in profit after tax, exceeding 5% of the
plan, up 24% compared to 2019. The current stock price of KDH is 52.00, fluctuating at a high level. With
the advantage of land banks and many real estate projects in Thu Duc, the new KDH will be a bright
prospect. KDH's gross margin is forecasted to increase in 2022-2023 to 59% from 43% in 2021.

3. The company’s owner structure:

N Shareholder Structure Number Of Shares Percentages

O (%)
1 Treasury shares 19,850,640 3.43

2 Major shareholders 338,130,036 58.43

11,650,698 20.68
Domestic shareholders

218,479,388 37.75
Foreign shareholders

3 Other shareholders 220,676,543 38.14

621,641 0.11
Domestic shareholders

220,054,902 38.03
Foreign shareholders

TOTAL 578,657,219 100

LINK ĐIỀN SỐ LIỆU
4. Brief introduction about the companies’ financial performance for the last 3 years (total assets,
capital structure, total revenue, profit, share price, etc.)

2019 2020 2021

Total assets and capital structures

Total assets 13,237,325,073 13,934,472,240 14,348,882,587

Total Liabilities 5,572,964,711 5,776,372,073 4,127,825,882

Total Equity 7,664,360,362 8,158,100,167 10,221,056,705

Total revenue and profit

Operating revenue (from 2,813,353,428 4,532,068,519 3,737,749,614

goods and services)

Profit before tax 1,189,840,157 1,458,408,134 1,539,841,443

Profit after corporate 916,876,662 1,154,467,461 1,204,400,675

income tax

Profit after parent 915,232,845 1,152,765,513 1,202,431,387

company’s tax

Financial indicators

EPS (thousand dong) 1,880 2,120 2,006

BV (thousand dong) 14,078 14,599 15,897

P/E ratio (%) 14.32 13.83 25.43

ROA (%) 7.80 8.49 8.50

ROE (%) 12.57 14.57 13.08

 Thảo Nguyên - VCB Bank of Foreign Trade of Vietnam
1. Brief description
Being the first state commercial bank chosen for pilot privatization by the Government, Joint Stock
Commercial Bank for Foreign Trade of Vietnam officially came into operation on 02/06/2008 after the
successful implementation of the equitization plan through initial public offering (IPO). Originated as a
specialized bank for foreign trade, Vietcombank nowadays has become a multiple sector bank, providing
customers with a wide range of leading financial services in international trade; traditional services such as
capital trading, capital mobilization, credit, project financing…etc., and modern banking segment such as
forex trading and derivatives, card services, e-banking and so on.
2. History of the company

JSC Bank for Foreign Trade of Vietnam, formerly known as Bank for Foreign trade of Vietnam, was
established on 01/04/1963 from the Foreign Exchange Bureau (of the State Bank of Vietnam). On
30/06/2009 Vietcombank (ticker symbol: VCB) was officially listed on Ho Chi Minh City Stock Exchange.
During its 58 years of growth and development, Vietcombank has contributed significantly to the stability
and growth of national economy, upholding the role of a major foreign trade bank in facilitating efficient
domestic economic growth as well as influencing considerably on regional and global financial community.
Originated as a specialized bank for foreign trade, Vietcombank nowadays has become a multiple sector
bank, providing customers with a wide range of leading financial services in international trade; traditional
services such as capital trading, capital mobilization, credit, project financing…etc., and modern banking
segment such as forex trading and derivatives, card services, e-banking and so on.

3. The company’s ownership structure (2020)

4. The company’s ownership structure (2020)(annual report)
 Shareholder Shares Percentage %

Major shareholders (SBV – State Bank of 2,774,353,387 74.8%

Vietnam)

Foreign Individuals 2,132,851 0.06%

Foreign shareholders
Foreign institutions 878,165,457 23.68

Domestic Individuals 26,109,735 0.7%

Domestic
Domestic Institutions 28,116,018 0.76%
shareholders
 5. Brief introduction about the companies’ financial performance for the last 3 years (total
assets, capital structure, total revenue, profit, share price, etc.)

2019 2020 2021

Total assets and capital structures

Total assets 1,222,718,858,000 1,326,230,092,000 1,414,765,480,000

Total Liabilities 1,141,835,876,000 1,232,135,113,000 1,303,594,825,000

Total Equity 1,222,718,858,000 1,326,230,092,000 1,414,765,480,000

Total revenue and profit

Operating revenue 4,306,844,000 6,607,317,000 7,407,073,000

(from goods and
services)

Profit before tax 23,122,377,000 23,049,561,000 27,375,696,000

Profit after corporate 18,525,988,000 18,472,518,000 21,928,284,000

income tax

Profit after parent 18,510,898,000 18,451,311,000 21,908,052,000

company’s tax

Financial indicators

EPS (thousand dong) 4,996,000 4,975000 5,907,000

BV (thousand dong) 21,808,000 25,370,000 29,974,000

P/E ratio (%) 18.06 19.68 13.34

ROA (%) 1.61 1.45 1.60

ROE (%) 25.88 21.09 21.35

 Unit: thousand dong

6. Dũng - KSB
1. Brief description:
Binh Duong Minerals and Construction Joint Stock Company (BIMICO) has main business activities
including mining and mineral processing, production of building materials. On January 20, 2010, Binh
Duong Minerals and Construction Joint Stock Company was listed on the HSX with the stock code KSB.
Besides the main business activities for long-term company development, KSB also invests in
accompanying services such as real estate business, industrial park development services including
infrastructure business, housing services, warehousing services, wastewater treatment services to meet the
needs of investors in the industrial park. After more than 10 years of listing on the stock exchange, the
value per share of KSB has not grown significantly, but KSB is still one of the influential enterprises in the
mining sector in Vietnam.

2. Brief introduction:
Binh Duong Minerals and Construction Joint Stock Company (BIMICO), formerly known as Mineral
Exploitation Company, is a state-owned enterprise established on January 13, 1993, in Binh Duong. The
company officially changed its name to Binh Duong Mineral and Construction Joint Stock Company
(BIMICO) in 1998. On May 1, 2006, the company was equitized and went into operation under the form of
JSC with charter capital. as fast as 70 billion dong. In 2010, the Company increased its charter capital to
107 billion for the first time, listed shares on HOSE with stock code KSB, 50.5% state capital. Next, the
company increased its charter capital for the second time to VND 180 billion, 50.5% of state capital in 2012.
In July 2015, the Company issued an additional 5,400,000 shares from equity. ownership, increased charter
capital to 234 billion dongs, state capital ratio (SCIC) is 50.05%. And from February 24 - 26, 2016, SCIC
sold all of its shares in the company, BIMICO became a non-state enterprise. Shares are held by
companies, funds, insiders, and shareholders. BIMICO proves itself to be the leading enterprise in the field
of quarrying and construction in the market.
3. The company’s owner structure:

Shareholders Share Percentage (%)

Foreign individuals 571,057 0.69

Domestic individuals 39,086,522 62.18

Foreign organizations 8,100,154 8.03

Domestic organization 19,210,745 29.10

4. Total financial performance:

2019 2020 2021

Total assets and capital structures

Total Asset 3,959,325 3,924,850 3,984,963

Total Liabilities 2,669,982 2,340,883 2,197,316

Total Equity 1,289,343 1,583,967 1,787,646

Total revenue and profit

Operating Revenue (from 1,313,989,722 1,322,455,489 884,201,488

goods and services)

Profit before tax 415,174 401,953 301,355

Profit after corporate 330,134 327,761 252,603

income tax

Profit after parent 330,134 327,761 252,603

company's tax

Financial indicators
EPS (The last 4 quarters) 6,143 5,922 3,620

BV 24,079 23,771 24,389

P/E ratio (%) 2,77 5,36 12,51

ROE 25.6 20.69 14,13

ROA 8.34 8.35 6,34