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PPI

Công ty Cổ phần Đầu tư và Phát triển dự án hạ tầng Thái Bình Dương

VietnamReal EstateBất động sảnUPCOMCT
400
VND · Last close
No valuation yet
There is not enough data yet to estimate an intrinsic value for PPI.
Line item202620252024202320222021202020192018201720162015201420132010
CURRENT ASSETS (Bn. VND)
····4948484711018331031785751·
Cash and cash equivalents (Bn. VND)
····0.20.20.20.70.82228410·
Accounts receivable (Bn. VND)
····656177612024325853222·
Prepayments to suppliers (Bn. VND)
····19181819151527192668·
Net Inventories
····151515152243512016471·
Inventories, Net (Bn. VND)
····151515152243512016471·
Other current assets
····27272613111914111247·
Other current assets (Bn. VND)
····00000000029·
LONG-TERM ASSETS (Bn. VND)
····9311916836552364069898180126·
Long-term trade receivables (Bn. VND)
····3257311002343434275344120·
Other long-term receivables (Bn. VND)
····999422262163670·
Fixed assets (Bn. VND)
····4457111922411514·
Tangible fixed assets
····22357131536109·
Intagible fixed assets
····2222477555·
Long-term investments (Bn. VND)
····00055587611·
Investments in associate companies
····66665555612·
Other long-term assets (Bn. VND)
····0.80.80.80.80.80.8420.80·
Less: Provision for diminuation in value of long term investments
····−7−7−7−2−0.8−0.5−0.5−0.5−0.5−0.5·
Other non-current assets
····0000033331·
Long-term prepayments (Bn. VND)
····0000033331·
TOTAL ASSETS (Bn. VND)
····1421672164126328231,0081,298885777·
LIABILITIES (Bn. VND)
····285307332347364402502753548511·
Current liabilities (Bn. VND)
····107130199216230248317316363448·
Short-term borrowings (Bn. VND)
····282899124160186247271257297·
Advances from customers (Bn. VND)
····2223320.80.4210·
Long-term liabilities (Bn. VND)
····17917713313113315418543718563·
Long-term borrowings (Bn. VND)
····05581619681587263·
OWNER'S EQUITY(Bn.VND)
····−144−140−11664269422506545337266·
Capital and reserves (Bn. VND)
····−144−140−11664269422506545337266·
Paid-in capital (Bn. VND)
····483483483483483483483483250140·
Investment and development funds (Bn. VND)
····00000030222222·
Undistributed earnings (Bn. VND)
····−634−630−606−426−221−68−1333296·
TOTAL RESOURCES (Bn. VND)
····1421672164126328231,0081,298885777·
Common shares (Bn. VND)
····483483483483483483483483250140·

Earnings Quality

Fiscal year 2022
44
Weak
Accrual Quality
100
Cash Conversion
40
Margin Stability
0
Revenue Quality
0

Financial Forensics

Beneish M-Score · 2019
Remainder
M −5.40 · 0th pctile vs VN companies
YoY ▼ −1.26
Conservative vs VN peersUnusual accounting movement
Compare across the whole market

Ranked vs Vietnamese peers. The −1.78 Beneish cutoff is US-calibrated; ~28% of VN stocks exceed it.

DSRI
1.580
GMI
3.364
AQI
1.076
SGI
0.145
DEPI
0.900
SGAI
7.576
TATA
−0.577
LVGI
1.395

Checks measured on Vietnamese companies · FY2022

Receivables outside the trade cyclePrepayments to suppliers, loans and other long-term receivables / total assets
20.1%90th pctile
Accumulated losses / paid-in capitalUndistributed earnings below zero
1.31×Statutory test met
Consecutive years of net lossProfit after tax of the parent
7Statutory test met
Owner's equityWithout the non-controlling interest
NegativeStatutory test met

Percentiles rank each fiscal year against Vietnamese non-financial companies (0 lowest, 100 highest). Over FY2015-2024, low cash conversion and a large share of receivables outside the trade cycle came before more listing trouble and more net losses the next year.

Statutory loss tests (Decree 155/2020/NĐ-CP, Art. 120(1)(e), amended by Decree 245/2025/NĐ-CP): a HOSE or HNX listing is cancelled when the audited annual statements show net losses in each of the latest 3 years, accumulated losses above the paid-in charter capital, or negative owner's equity. Read here from the annual statements as the data vendor publishes them. The company trades on UPCoM, where these tests do not apply.

Quantitative Scores

F-Score
6/9
Neutral
Z-Score
−6.74
Distress Zone
Sharpe
−0.36
Negative
Composite
46
30 to 49
Piotroski F-Score Breakdown
✗Net Income > 0
✓Operating CF > 0
✓ROA Rising
✓OCF > Net Income
✗Lower Leverage
✓Better Liquidity
✓No Dilution
✓Margin Up
✗Turnover Up
DuPont Decomposition
Tax Burden1.00×Interest Burden1.00×Op. Margin−0.22×Turnover0.68×Leverage−1.19=ROE17.4%
Price Risk
Momentum
−42.9%
Volatility
114.1%
Max Drawdown
−42.9%

Key Ratios

Fiscal year 2025
—P/E
P/B
—
P/S
—
ROE
0.0%
ROA
0.0%
Gross Margin
0.0%
Net Margin
0.0%
D/E
—
Current Ratio
0.00
EV/EBITDA
—
Div Yield
—

Company Overview

Shares outstanding
48.3M
Charter Capital
483B VND
Sector (ICB L2)
Bất động sản
Industry (ICB L3)
Bất động sản
Sub-industry
Bất động sản
Company Type
CT
Methodology & Disclosure

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