中文

SZC

₫19,300
+0.00% 2026-10-30 · Close
AI Composite Signal
8.3 / 10
Very Bullish — 5-signal composite
Mkt Cap
3.6T
₫3.6T
P/E
16.0
P/B
1.2
ROE
7.3%
ROA
2.8%
EPS
1.3K
Price Chart
What matters now

SZC (SZC) is a company in Vietnam's Real Estate sector, listed on HOSE. The stock last traded at 19,300 VND, little changed on the session, giving a market capitalization of 3.6 trillion VND.

On valuation, SZC trades at a price-to-earnings ratio of 16.0 and a price-to-book of 1.2. That is a discount to the Real Estate sector average P/E of 66.2. Return on equity of 7.3% points to modest profitability relative to the company's equity base, below the sector average of 10.5%. Trailing earnings per share stand at 1,309 VND.

Aveluro tracks 16 news items mentioning SZC, where recent coverage skews mixed (31% of articles). The most recent catalyst was a sector sentiment event — "SZC Leads Real Estate Liquidity Surge as VN-Index Jumps 4% to 1,774". Aveluro's composite model rates SZC 8.3/10 (Very Bullish), blending news sentiment, price momentum, and fundamentals.

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

Latest catalyst

SZC Leads Real Estate Liquidity Surge as VN-Index Jumps 4% to 1,774

Recent Developments

Recent developments around SZC include 5 notable classified events. On Oct 26, 2026, a market event was reported: Sonadezi Châu Đức (SZC) led a broad real-estate liquidity surge in the week of Oct 19-23, with average daily volume up more than 100% week-on-week alongside BCM, IJC, NLG and HDC. On Oct 11, 2026, a market event was reported: Vietnam drew USD 50.4bn in registered FDI in 9M2026, up 76.4%, yet SSI Research shows H1 net profit for listed industrial park developers fell 40% to about VND 4,000bn. On Oct 09, 2026, a market event was reported: Sonadezi Châu Đức (SZC) posted a sharp profit decline in H1/2026 after switching to straight-line revenue recognition for land leases, part of a 40% sector-wide after-tax profit drop and 20.2% revenue fall. On Oct 09, 2026, a market event was reported: Vietnam drew USD 50.4bn in registered FDI in 9M2026, up 76.4% YoY, but industrial park developers' H1 net profit fell 40% as BCM, KBC and SZC each dropped more than 80%. On Sep 14, 2026, a dividend announcement was reported: Duc Giang Chemicals (DGC) will finalize an 80% cash dividend on 15 September 2026, comprising a 30% 2026 interim and 50% final 2025 payout, equal to VND 8,000 per share.

The overall tone of recent coverage is positive, with 1 of 5 events carrying bullish sentiment.

AI Signal Breakdown
Bearish Neutral Bullish
8.3 / 10
Very Bullish
Sentiment
+1.00
Impact
0.40
Momentum
-0.45
Fundamentals
+0.20
Volume
0.54
Sentiment 30% · Impact 20% · Momentum 20% · Fundamentals 15% · Volume 15%
News Sentiment
16
Articles Analyzed
Mixed 5
Negative 5
Positive 5
Neutral 1
Recent News
Oct 26, 2026 Full Analysis Positive sector sentiment
Sonadezi Châu Đức (SZC) led a broad real-estate liquidity surge in the week of Oct 19-23, with average daily volume up more than 100% week-on-week alongside BCM, IJC, NLG and HDC. The rotation came as VN-Index rose 4% to 1,774 points and HOSE turnover climbed over 20% to VND 15.8 trillion per session.
Oct 11, 2026 Full Analysis Mixed sector sentiment
Vietnam drew USD 50.4bn in registered FDI in 9M2026, up 76.4%, yet SSI Research shows H1 net profit for listed industrial park developers fell 40% to about VND 4,000bn. BCM, KBC and SZC each posted declines of 79-84% on land-sale timing, interest costs and revenue-recognition changes, while new IP margins may settle at 30-35% versus over 50% for existing parks.
Oct 09, 2026 Full Analysis Mixed sector sentiment
Sonadezi Châu Đức (SZC) posted a sharp profit decline in H1/2026 after switching to straight-line revenue recognition for land leases, part of a 40% sector-wide after-tax profit drop and 20.2% revenue fall. Northern industrial absorption rebounded to 217 ha in Q2/2026, but IDC and VGC were the only large names still growing earnings.
Oct 09, 2026 Full Analysis Mixed sector sentiment
Vietnam drew USD 50.4bn in registered FDI in 9M2026, up 76.4% YoY, but industrial park developers' H1 net profit fell 40% as BCM, KBC and SZC each dropped more than 80%. IDC and VGC grew profit, and SSI Research highlights both as preferred picks.
Sep 14, 2026 Full Analysis Neutral dividend announcement
Duc Giang Chemicals (DGC) will finalize an 80% cash dividend on 15 September 2026, comprising a 30% 2026 interim and 50% final 2025 payout, equal to VND 8,000 per share. It is the highest ratio among roughly 39 Vietnamese listed companies closing dividend rights during the 14-18 September 2026 window.
Aug 24, 2026 Full Analysis Negative sector sentiment
During the Aug 17-21 trading week, liquidity on HOSE and HNX dropped 12-16%, with real estate stocks like HQC, IJC, FIR, SZC, and VHM seeing trading volume fall 50-65%. Securities and oil & gas names also saw outflows, while food stocks such as TCO attracted strong buying interest.
Aug 23, 2026 Full Analysis Positive dividend announcement
Sonadezi Chau Duc (SZC) will pay a 10% cash dividend (VND 1,000/share) for 2025, with record date September 14, 2026 and payment from October 12, 2026. The payout comes despite a sharp 83.6% drop in H1 2026 net profit, reflecting a high payout ratio and parent Sonadezi (SNZ) receiving VND 84.3 billion.
Aug 07, 2026 Full Analysis Positive macro policy
GAS and other state-owned enterprise stocks rallied after Vietnam issued Decision 40/2026, granting more autonomy in equitization and divestment. The VN-Index rose slightly, but low liquidity and continued foreign net selling suggest the uptrend may lack sustainability.
Jun 03, 2026 Full Analysis Positive macro policy
The State Bank of Vietnam's Circular 4551 excludes incremental loans for social housing and industrial parks from real estate credit growth limits, effectively channeling capital to these priority sectors. Industrial park developers like KBC, IDI, SZC, BCM, and VGC are direct beneficiaries, with VGC also gaining from its social housing exposure.
Apr 22, 2026 Full Analysis Mixed sector sentiment
One year after the April 2025 tariff shock, over 40% of monitored industrial zone stocks remain below pre-shock prices. NTC (-34.82%), MH3 (-34%), and SZC (-28.38%) are among the hardest hit, while TAL (+67.3%), TIX (+20%), and KBC (+18.81%) have outperformed.
Apr 21, 2026 Full Analysis Negative earnings miss
Chuong Duong Beverage (SZC) warns it may exhaust operating cash by year-end after five consecutive years of losses, projecting a 2024 net loss of VND 74 billion despite targeting 50% revenue growth. To address the crisis, management proposes selling its beverage factory and Saxi brand to F&N Ventures for VND 93 billion, aiming to pivot the company's core business toward real estate development.
Apr 18, 2026 Full Analysis Negative guidance cut
Thuduc House (TDH) targets 2026 net profit of VND 38.5B, down 64% year-on-year, while DIC Corp (DIG) expects revenue to fall 37% and Sonadezi Chau Duc (SZC) projects an 84% profit drop. The coordinated guidance cuts reflect persistent challenges in Vietnam's real estate sector, despite continued capital expenditure plans.
Apr 18, 2026 Full Analysis Negative guidance cut
Thuduc House (TDH) projects a 64% drop in 2026 net profit to VND 38.5B, while DIC Corp (DIG) expects a 27% decline in pre-tax profit to VND 600B, as part of a broader trend among listed real estate firms. This coordinated guidance cut reflects persistent sector headwinds despite ongoing project investment, with Sonadezi Châu Đức (SZC) planning the steepest profit reduction at 84%.
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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: 2026-10-30T17:44:48Z.