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Binh Duong Trade and Development

HOSE:TDC
Snowflake Description

Adequate balance sheet unattractive dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TDC
HOSE
₫840B
Market Cap
  1. Home
  2. VN
  3. Real Estate
Company description

Binh Duong Trade and Development Joint Stock Company engages in the real estate activities in Vietnam. The last earnings update was 1538 days ago. More info.


Add to Portfolio Compare Print
TDC Share Price and Events
7 Day Returns
0.6%
HOSE:TDC
1.6%
VN Real Estate
1.3%
VN Market
1 Year Returns
11.6%
HOSE:TDC
8.7%
VN Real Estate
8.8%
VN Market
TDC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Binh Duong Trade and Development (TDC) 0.6% -2.3% -1.8% 11.6% 33.1% -12.5%
VN Real Estate 1.6% 1% -1.1% 8.7% 134% 236.3%
VN Market 1.3% 2.9% -0.4% 8.8% 45.9% 84.4%
1 Year Return vs Industry and Market
  • TDC outperformed the Real Estate industry which returned 8.7% over the past year.
  • TDC outperformed the Market in Viet Nam which returned 8.8% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Binh Duong Trade and Development undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Binh Duong Trade and Development to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Binh Duong Trade and Development.

HOSE:TDC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2015-09-30) in VND ₫ 1200.000000
Payout Ratio Company Filings (2015-09-30) 4401.5%
Discount Rate (Cost of Equity) See below 16.3%
Perpetual Growth Rate 10-Year VN Government Bond Rate 3.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for HOSE:TDC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year VN Govt Bond Rate 3.7%
Equity Risk Premium S&P Global 9.3%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 1.09
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.086 (1 + (1- 20%) (0%))
1.353
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.35
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 3.71% + (1.353 * 9.33%)
16.33%

Discounted Cash Flow Calculation for HOSE:TDC using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Binh Duong Trade and Development is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

HOSE:TDC Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= ₫1200 / (16.33% - 3.71%)
₫9507.93
HOSE:TDC Discount to Share Price
Calculation Result
Value per share (VND) From above. ₫9,507.93
Current discount Discount to share price of ₫8,400.00
= -1 x (₫8,400.00 - ₫9,507.93) / ₫9,507.93
11.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Binh Duong Trade and Development is available for.
Intrinsic value
12%
Share price is ₫8400 vs Future cash flow value of ₫9507.93
Current Discount Checks
For Binh Duong Trade and Development to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Binh Duong Trade and Development's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Binh Duong Trade and Development's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Binh Duong Trade and Development's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Binh Duong Trade and Development's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
HOSE:TDC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2015-09-30) in VND Not available
HOSE:TDC Share Price ** HOSE (2020-01-22) in VND ₫8400
Viet Nam Real Estate Industry PE Ratio Median Figure of 34 Publicly-Listed Real Estate Companies 9x
Viet Nam Market PE Ratio Median Figure of 370 Publicly-Listed Companies 9.6x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Binh Duong Trade and Development.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to compare the PE ratio to the industry average as no data exists.
  • Unable to calculate PE ratio for Binh Duong Trade and Development, we can't compare the value of its earnings to the Viet Nam market.
Price based on expected Growth
Does Binh Duong Trade and Development's expected growth come at a high price?
Raw Data
HOSE:TDC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 0x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Viet Nam Real Estate Industry PEG Ratio Median Figure of 8 Publicly-Listed Real Estate Companies 1x
Viet Nam Market PEG Ratio Median Figure of 55 Publicly-Listed Companies 0.79x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Binh Duong Trade and Development, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Binh Duong Trade and Development's assets?
Raw Data
HOSE:TDC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2015-09-30) in VND Not available
HOSE:TDC Share Price * HOSE (2020-01-22) in VND ₫8400
Viet Nam Real Estate Industry PB Ratio Median Figure of 34 Publicly-Listed Real Estate Companies 0.86x
Viet Nam Market PB Ratio Median Figure of 392 Publicly-Listed Companies 1.02x

* Primary Listing of Binh Duong Trade and Development.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to compare the PB ratio to the industry average as no data exists.
X
Value checks
We assess Binh Duong Trade and Development's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. Binh Duong Trade and Development has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Binh Duong Trade and Development expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Binh Duong Trade and Development has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
31.7%
Expected Real Estate industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Binh Duong Trade and Development expected to grow at an attractive rate?
  • Unable to compare Binh Duong Trade and Development's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Binh Duong Trade and Development's earnings growth to the Viet Nam market average as no estimate data is available.
  • Unable to compare Binh Duong Trade and Development's revenue growth to the Viet Nam market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
HOSE:TDC Future Growth Rates Data Sources
Data Point Source Value (per year)
Viet Nam Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 31.7%
Viet Nam Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 32.8%
Viet Nam Market Earnings Growth Rate Market Cap Weighted Average 18.4%
Viet Nam Market Revenue Growth Rate Market Cap Weighted Average 20.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
HOSE:TDC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 years ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in VND Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
HOSE:TDC Past Financials Data
Date (Data in VND Millions) Revenue Cash Flow Net Income *
2015-09-30 1,539,054 -353,613 43,999
2014-12-31 1,746,020 -550,019 116,643
2014-09-30 1,729,593 -46,465 148,859
2014-06-30 1,711,383 -1,780 124,024
2014-03-31 1,460,941 169,099 121,235
2013-12-31 1,618,527 145,713 144,953
2013-09-30 1,507,187 87,011 132,471
2013-06-30 1,680,299 43,690 123,601
2013-03-31 1,770,452 86,513 157,535

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Binh Duong Trade and Development is high growth as no earnings estimate data is available.
  • Unable to determine if Binh Duong Trade and Development is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
HOSE:TDC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 years ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Binh Duong Trade and Development Company Filings, last reported 4 years ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

HOSE:TDC Past Financials Data
Date (Data in VND Millions) EPS *
2015-09-30 439.99
2014-12-31 1,166.43
2014-09-30 1,488.59
2014-06-30 1,237.22
2014-03-31 1,212.35
2013-12-31 1,449.53
2013-09-30 1,324.71
2013-06-30 1,235.04
2013-03-31 1,579.47

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Binh Duong Trade and Development will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Binh Duong Trade and Development's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Binh Duong Trade and Development's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Real Estate companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Binh Duong Trade and Development's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Viet Nam market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Viet Nam market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Binh Duong Trade and Development has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Binh Duong Trade and Development performed over the past 5 years?

In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Binh Duong Trade and Development has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data. You can see them here.

Show me the analysis anyway

  • Binh Duong Trade and Development's last earnings update was 1538 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Binh Duong Trade and Development's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient past earnings data to establish if Binh Duong Trade and Development's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Binh Duong Trade and Development's 1-year growth to the 5-year average as past earnings data has not been reported.
  • Unable to compare Binh Duong Trade and Development's 1-year growth to the VN Real Estate industry average as past earnings data has not been reported.
Earnings and Revenue History
Binh Duong Trade and Development's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Binh Duong Trade and Development Company Filings, last reported 4 years ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

HOSE:TDC Past Revenue, Cash Flow and Net Income Data
Date (Data in VND Millions) Revenue Net Income * G+A Expenses R&D Expenses
2015-09-30 1,539,054.00 43,999.21 132,487.87
2014-12-31 1,746,020.44 116,642.53 144,155.56
2014-09-30 1,729,593.24 148,859.07 160,178.82
2014-06-30 1,711,383.41 124,023.75 157,764.23
2014-03-31 1,460,941.46 121,235.37 162,957.81
2013-12-31 1,618,526.53 144,953.09 153,627.85
2013-09-30 1,507,186.98 132,470.93 136,623.74
2013-06-30 1,680,298.66 123,600.62 144,324.92
2013-03-31 1,770,451.93 157,534.96 140,157.75

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Unable to establish if Binh Duong Trade and Development has efficiently used shareholders’ funds last year as no Return on Equity data is available.
  • Unable to establish if Binh Duong Trade and Development has efficiently used its assets last year compared to the VN Real Estate industry average (Return on Assets) as past financial data has not been reported.
  • Unable to establish if Binh Duong Trade and Development improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.

Next steps:

  1. Examine Binh Duong Trade and Development'sBinh Duong Trade and Development's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Past financial records are usually unavailable for companies that have just been established or recently publicly listed, which makes them inherently riskier. Take a look at a list of well-established companies here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Past performance checks
We assess Binh Duong Trade and Development's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Binh Duong Trade and Development has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Binh Duong Trade and Development's financial health and their level of debt?

In this section we usually analyse Binh Duong Trade and Development's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Binh Duong Trade and Development has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information. You can see them here.

Show me the analysis anyway

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Binh Duong Trade and Development's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Unable to compare short term assets to short term liabilities as Binh Duong Trade and Development has not reported sufficient balance sheet data.
  • Unable to establish if Binh Duong Trade and Development's long term commitments exceed its cash and other short term assets as Binh Duong Trade and Development has not reported sufficient balance sheet data.
Balance sheet
This treemap shows a more detailed breakdown of Binh Duong Trade and Development's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Unable to establish if Binh Duong Trade and Development has a high level of physical assets or inventory without balance sheet data.
  • Binh Duong Trade and Development has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Binh Duong Trade and Development Company Filings, last reported 4 years ago.

HOSE:TDC Past Debt and Equity Data
Date (Data in VND Millions) Total Equity Total Debt Cash & Short Term Investments
2015-09-30 1,032,712.78 1,853,632.59 516,888.80
2014-12-31 1,209,999.06 1,163,159.82 35,304.23
2014-09-30 1,103,427.92 601,656.37 30,341.41
2014-06-30 1,085,642.55 475,809.07 40,279.32
2014-03-31 1,224,906.68 445,910.36 22,512.42
2013-12-31 1,247,833.90 410,747.77 56,229.83
2013-09-30
2013-06-30 1,111,997.49 303,558.70 48,249.59
2013-03-31 1,247,574.69 478,709.55 19,580.80
  • Binh Duong Trade and Development has no debt.
  • Binh Duong Trade and Development currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • Binh Duong Trade and Development has no debt, it does not need to be covered by operating cash flow.
  • Binh Duong Trade and Development has no debt, therefore coverage of interest payments is not a concern.

Next steps:

  1. Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Binh Duong Trade and Development's financial data was last updated here.
  2. Companies with strong financial health are considered a less risky investment. Discover these stocks here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Financial health checks
We assess Binh Duong Trade and Development's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Binh Duong Trade and Development has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Binh Duong Trade and Development's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
14.29%
Current annual income from Binh Duong Trade and Development dividends.
If you bought ₫2,000 of Binh Duong Trade and Development shares you are expected to receive ₫286 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Binh Duong Trade and Development's pays a higher dividend yield than the bottom 25% of dividend payers in Viet Nam (4.5%).
  • Binh Duong Trade and Development's dividend is above the markets top 25% of dividend payers in Viet Nam (10.98%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
HOSE:TDC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Viet Nam Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 20 Stocks 2.8%
Viet Nam Market Average Dividend Yield Market Cap Weighted Average of 244 Stocks 3.3%
Viet Nam Minimum Threshold Dividend Yield 10th Percentile 3%
Viet Nam Bottom 25% Dividend Yield 25th Percentile 4.5%
Viet Nam Top 25% Dividend Yield 75th Percentile 11%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

HOSE:TDC Past Annualized Dividends Data
Date (Data in ₫) Dividend per share (annual) Avg. Yield (%)
2019-08-27 1,200.000 13.621
2018-03-07 1,100.000 13.008
2017-11-15 1,050.000 13.395
2015-05-29 1,000.000 14.947
2014-05-13 1,400.000 13.737
2013-05-22 1,300.000 14.983
2011-02-09 4,000.000 41.766

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Binh Duong Trade and Development has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Binh Duong Trade and Development has only been paying a dividend for 9 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Binh Duong Trade and Development's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Binh Duong Trade and Development has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Binh Duong Trade and Development's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Binh Duong Trade and Development afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Binh Duong Trade and Development has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Binh Duong Trade and Development's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Doan Thuan
TENURE AS CEO 3.4 years
CEO Bio

Mr. Doan Van Thuan serves as the Chief Executive Officer at Binh Duong Trade and Development Joint Stock Company since August 29, 2016 and serves as its General Director and Director.

CEO Compensation
  • Insufficient data for Doan to compare compensation growth.
  • Insufficient data for Doan to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team Tenure

Average tenure of the Binh Duong Trade and Development management team in years:

2.4
Average Tenure
  • The tenure for the Binh Duong Trade and Development management team is about average.
Management Team

Doan Thuan

TITLE
Chief Executive Officer
TENURE
3.4 yrs

Ly Binh

TITLE
Deputy CEO
TENURE
1.4 yrs

Pham Son

TITLE
Head of Construction Management Department
TENURE
4.2 yrs

Le Hien

TITLE
Deputy Chief Executive Officer
TENURE
2.4 yrs

Trinh Thu

TITLE
Secretary
TENURE
2.3 yrs
Board of Directors

Dung Giang

TITLE
Chairman
TENURE
2.8 yrs

Doan Thuan

TITLE
Chief Executive Officer

Nguyen Duong

TITLE
Head of the Board of Supervisors and Non-Executive Director
TENURE
2.8 yrs

Thao Huynh

TITLE
Director

Nguyen Vu

TITLE
Director

Nguyen Phuc

TITLE
Director

Nguyen Cuong

TITLE
Director

Ngo Huong Nguyen

TITLE
Member of Supervisory Board

Thi Dieu Le

TITLE
Member of Supervisory Board
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₫) Value (₫)
X
Management checks
We assess Binh Duong Trade and Development's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Binh Duong Trade and Development has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Binh Duong Trade and Development Joint Stock Company engages in the real estate activities in Vietnam. It builds and distributes apartments, villas, social housing, land lots, and shop houses; and constructs civil and industrial buildings. The company also produces and trades in cement, concrete, iron, steel, and tunnel bricks. Binh Duong Trade and Development Joint Stock Company is based in Thu Dau Mot, Vietnam.

Details
Name: Binh Duong Trade and Development Joint Stock Company
TDC
Exchange: HOSE
Founded:
₫840,000,000,000
100,000,000
Website: http://www.becamextdc.com.vn
Address: Binh Duong Trade and Development Joint Stock Company
No. 26-27, Dong Khoi street,
Lot I,
Thu Dau Mot,
Vietnam
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
HOSE TDC Ordinary Shares Ho Chi Minh Stock Exchange VN VND 04. May 2010
Number of employees
Current staff
Staff numbers
0
Binh Duong Trade and Development employees.
Industry
Diversified Real Estate Activities
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/01/28 15:51
End of day share price update: 2020/01/22 00:00
Last earnings filing: 2015/11/12
Last earnings reported: 2015/09/30
Last annual earnings reported: 2014/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.