IPA
IPA (IPA) is a company in Vietnam's Industrial Goods & Services sector, listed on HNX. The stock last traded at 12,500 VND, little changed on the session, giving a market capitalization of 3.4 trillion VND.
On valuation, IPA trades at a price-to-earnings ratio of 5.8 and a price-to-book of 0.7. That is a discount to the Industrial Goods & Services sector average P/E of 14.3. Return on equity of 11.6% points to modest profitability relative to the company's equity base, below the sector average of 15.1%. Trailing earnings per share stand at 2,707 VND.
Aveluro tracks 6 news items mentioning IPA, where recent coverage skews negative (50% of articles). The most recent catalyst was an earnings miss event — "Bac Ha Energy H1 2026 Net Profit Falls 12.5% to VND 26.7B". Aveluro's composite model rates IPA 6.2/10 (Neutral), blending news sentiment, price momentum, and fundamentals.
Comparable names in the Industrial Goods & Services sector include ABR, ACV and ALC.
Bac Ha Energy H1 2026 Net Profit Falls 12.5% to VND 26.7B
Recent developments around IPA include 5 notable classified events. On Sep 01, 2026, an earnings miss was reported: Bac Ha Energy, an 89.81%-owned subsidiary of IPA, posted H1 2026 net profit of nearly VND 26.7 billion, down 12.5% year-on-year. On Aug 11, 2026, a market event was reported: IPA (HNX) will issue nearly 32.1 million bonus shares at a 15:100 ratio, with a record date of August 24, 2026, raising charter capital to over VND 2,459 billion. On Jul 27, 2026, a market event was reported: IPA (HNX) plans to issue 32.08 million bonus shares at a 100:15 ratio, raising charter capital from VND 2,138.4B to VND 2,459.1B, funded from retained earnings. On Jun 10, 2026, a market event was reported: IPA (HNX) was fined VND 65 million by the State Securities Commission for technical bond disclosure deficiencies, including incomplete reporting on fund usage and delayed periodic disclosures. On May 21, 2026, a dividend announcement was reported: VNDirect (VND) will pay a 5% cash dividend for 2025, amounting to VND 761 billion, with record date June 1 and payment June 19.
The overall tone of recent coverage is positive, with 3 of 5 events carrying bullish sentiment.
By Aveluro Research Team · Editorial policy · Caveat: Not investment advice. · How Aveluro computed this