中文

KHG

₫4,490
+0.00% 2026-10-30 · Close
AI Composite Signal
5.4 / 10
Neutral — 5-signal composite
Mkt Cap
2.2T
₫2.2T
P/E
33.5
P/B
0.4
ROE
1.3%
ROA
0.9%
EPS
149
Price Chart
What matters now

KHG (KHG) is a company in Vietnam's Real Estate sector, listed on HOSE. The stock last traded at 4,490 VND, little changed on the session, giving a market capitalization of 2.2 trillion VND.

On valuation, KHG trades at a price-to-earnings ratio of 33.5 and a price-to-book of 0.4. That is a discount to the Real Estate sector average P/E of 66.2. Return on equity of 1.3% points to weak profitability relative to the company's equity base, below the sector average of 10.5%. Trailing earnings per share stand at 149 VND.

Aveluro tracks 13 news items mentioning KHG, where recent coverage skews positive (54% of articles). The most recent catalyst was a legal action event — "KHG Bond Probe: Khai Hoan Land Cited for Disclosure, Use-of-Funds Breaches". Aveluro's composite model rates KHG 5.4/10 (Neutral), blending news sentiment, price momentum, and fundamentals.

Comparable names in the Real Estate sector include AAV, AGG and API.

Latest catalyst

KHG Bond Probe: Khai Hoan Land Cited for Disclosure, Use-of-Funds Breaches

Recent Developments

Recent developments around KHG include 5 notable classified events. On Sep 30, 2026, a market event was reported: The State Securities Commission's inspection (Conclusion No. On Sep 30, 2026, a market event was reported: The State Securities Commission's inspection conclusion 51/KL-TT found Khai Hoan Land (KHG) failed to fully disclose roughly VND 1.26 trillion of related-party transactions across 2023-2025 and used part of a VND 300 billion bond issue outside its stated purpose. On Sep 28, 2026, a market event was reported: MSB led Vietnamese banking liquidity in the week of Sep 21-25, 2026, with average trading volume up more than 360% to 16.6 million shares per session, while TCB rose 86% and NVB gained nearly 150%. On Aug 12, 2026, a market event was reported: Khai Hoan Land (KHG) signed a partnership with Savills Vietnam on August 11, 2026, to manage and operate its Khai Hoan Imperial project, applying international standards to enhance property value and resident experience. On Aug 05, 2026, a market event was reported: KH Invest, a company owned by Khai Hoan Land (KHG) chairman Nguyen Khai Hoan, will receive 44.5 million KHG shares (9.9% of capital) from his wife, Tran Thi Thu Huong, between July 8 and August 4, 2026.

The overall tone of recent coverage is negative, with 2 of 5 events carrying bearish sentiment.

AI Signal Breakdown
Bearish Neutral Bullish
5.4 / 10
Neutral
Sentiment
+0.00
Impact
0.50
Momentum
-0.13
Fundamentals
-0.60
Volume
0.00
Sentiment 30% · Impact 20% · Momentum 20% · Fundamentals 15% · Volume 15%
News Sentiment
13
Articles Analyzed
Positive 7
Neutral 3
Negative 2
Mixed 1
Recent News
Sep 30, 2026 Full Analysis Negative legal action
The State Securities Commission's inspection (Conclusion No. 51/KL-TT) found Khai Hoan Land (KHG) failed to fully disclose roughly VND1.26 trillion of related-party transactions across 2023 and H1 2025, and used part of a VND300 billion bond issue outside its stated purpose.
Sep 30, 2026 Full Analysis Negative legal action
The State Securities Commission's inspection conclusion 51/KL-TT found Khai Hoan Land (KHG) failed to fully disclose roughly VND 1.26 trillion of related-party transactions across 2023-2025 and used part of a VND 300 billion bond issue outside its stated purpose. The findings expose governance gaps at the HOSE-listed developer behind the Khai Hoan Imperial project.
Sep 28, 2026 Full Analysis Mixed sector sentiment
MSB led Vietnamese banking liquidity in the week of Sep 21-25, 2026, with average trading volume up more than 360% to 16.6 million shares per session, while TCB rose 86% and NVB gained nearly 150%. Real estate names NTL and KHG also drew inflows, even as HOSE-Index liquidity fell 14% and oil & gas and securities stocks saw capital withdrawn.
Aug 12, 2026 Full Analysis Positive strategic partnership
Khai Hoan Land (KHG) signed a partnership with Savills Vietnam on August 11, 2026, to manage and operate its Khai Hoan Imperial project, applying international standards to enhance property value and resident experience. The move aims to solidify the project's luxury positioning and long-term asset appeal.
Aug 05, 2026 Full Analysis Neutral stake change
KH Invest, a company owned by Khai Hoan Land (KHG) chairman Nguyen Khai Hoan, will receive 44.5 million KHG shares (9.9% of capital) from his wife, Tran Thi Thu Huong, between July 8 and August 4, 2026. Post-transfer, KH Invest's stake rises to 14.355%, while the chairman's related group holds 44.89% of KHG.
Apr 25, 2026 Full Analysis Positive strategic partnership
Khai Hoan Land (KHG) has signed strategic partnerships with contractor Phuoc Thanh and international brands Duravit, Panasonic, Hafele, and Grohe for its Khai Hoan Imperial luxury apartment project. The move signals KHG's commitment to high-quality construction and premium finishes, potentially enhancing the project's market positioning and sales prospects.
Apr 23, 2026 Full Analysis Neutral capital raise
Khai Hoan Land (KHG) plans to repurchase five bond lots totaling VND 840 billion before maturity between May 12 and July 15, 2026, and acquire 100% of Hoang Thao My Co., Ltd. for VND 750 billion.
Apr 22, 2026 Full Analysis Positive m a announcement
Khai Hoan Land (KHG) acquires 100% of Hoang Thao My Trading Service Co., Ltd. for VND 750 billion and sets ambitious 2026 targets of VND 1,250 billion in net revenue and VND 155 billion in pre-tax profit, representing a doubling of revenue and 77% profit growth from 2025.
Apr 16, 2026 Full Analysis Positive earnings beat
Khải Hoàn Land (KHG) reported 2025 revenue of VND 601.3 billion (+100%) and net profit of VND 68.71 billion (+25.78%), exceeding its annual plan. The company set ambitious 2026 targets of VND 1,250 billion in revenue and VND 155 billion in pre-tax profit, reflecting confidence in its transition to a project developer-investor model.
Related Stocks — Real Estate
Stock Analysis

By Aveluro Research Team · Editorial policy · Caveat: Not investment advice. · How Aveluro computed this

Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.

Last updated: 2026-10-31T01:42:30Z.