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ICN.HNO — — Construction & Engineering

IDICO Investment Construction Oil and Natural Gas JSC

$31 000,00
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Mcap
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P/E
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EV / Rev
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Div yield
5,90 %
Op margin
50,3 %
ROE
22,9 %
Net margin
40,8 %
Debt / equity
0,28
Beta
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52w range
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Volume
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Day range
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Prev close
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Open
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Next earnings
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Ex-dividend
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TR 1Y
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About

IDICO Investment Construction Oil and Natural Gas JSC provides construction and engineering services, primarily generating revenue through project-based contracts in the oil and natural gas sectors.

Business. IDICO Investment Construction Oil and Natural Gas JSC is a construction and engineering firm operating within the Industrial & Commercial Services sector. The company is headquartered in Vietnam and is listed on the Ho Chi Minh Stock Exchange under the ticker symbol ICN.HNO. Specific details regarding its operating segments and geographic revenue mix are not available.

Classification92 %
SectorIndustrials
Business sectorIndustrial & Commercial Services
IndustryConstruction & Engineering
ActivityIndustrial & Commercial Services
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
— missing data
See all catalysts →

At a glance

Score
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not yet scored
Valuation
—
valuation pending
Analysts
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not yet wired
Ownership
—
not yet wired
Profitability→
22,9 %
return on equity
Quality
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not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning ICN.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials · THIS SECTOR−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to ICN.HNO. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    IDICO Investment Construction Oil and Natural Gas JSC is a construction and engineering firm operating within the Industrial & Commercial Services sector. The company is headquartered in Vietnam and is listed on the Ho Chi Minh Stock Exchange under the ticker symbol ICN.HNO. Specific details regarding its operating segments and geographic revenue mix are not available.

    Classification92 %
    SectorIndustrials
    Business sectorIndustrial & Commercial Services
    IndustryConstruction & Engineering
    ActivityIndustrial & Commercial Services
    AI synthesis
    GENERATED

    IDICO maintains a relatively strong liquidity position, with a current ratio of 2.94, indicating the company can cover its short-term liabilities nearly three times over. However, the company's liquidity is assessed as medium risk, primarily due to a negative net cash position after accounting for total debt. The company's cash and equivalents amount to 49 billion VND, while its long-term debt stands at 89.7 billion VND, suggesting a need for careful debt management.

    In terms of profitability, IDICO demonstrates a return on equity (ROE) of 22.94%, which is a strong indicator of efficient use of shareholders' equity to generate profits. The return on assets (ROA) of 6.04% is also favorable, suggesting the company is effectively utilizing its assets to generate earnings. These metrics align with the industry's preference for high ROE and ROA as key performance indicators.

    The company's revenue is primarily concentrated in the oil and natural gas sectors, with no disclosed geographic diversification in the provided data. This concentration may expose the company to sector-specific risks, such as fluctuations in commodity prices or regulatory changes affecting the energy industry.

    IDICO's growth trajectory is supported by a strong operating cash flow of 111.25 billion VND and a free cash flow of 73.95 billion VND, indicating the company has sufficient cash to fund operations and potentially reinvest in growth opportunities. The capital expenditure of -1.38 billion VND suggests the company is not currently investing heavily in new projects, which may affect long-term growth.

    The risk assessment highlights a medium liquidity risk and a low dilution risk. The company's debt-to-equity ratio of 0.28 is relatively low, indicating a conservative capital structure. However, the negative net cash position after subtracting total debt is a key flag that may require monitoring. The dilution risk is assessed as low, with no significant dilution potential identified in the basic shares outstanding.

    Recent events and filings have not been disclosed in the provided data, so no specific recent developments can be cited. The company's financial health appears stable, but ongoing monitoring of its liquidity and debt management strategies is recommended.

    Key takeaways
    • IDICO has a strong return on equity (22.94%) and return on assets (6.04%), indicating efficient use of equity and assets to generate profits.
    • The company's liquidity is assessed as medium risk, with a current ratio of 2.94 but a negative net cash position after accounting for total debt.
    • IDICO's revenue is primarily concentrated in the oil and natural gas sectors, which may expose the company to sector-specific risks.
    • The company has a strong operating cash flow of 111.25 billion VND and a free cash flow of 73.95 billion VND, supporting its growth and operational needs.
    • The debt-to-equity ratio of 0.28 is relatively low, indicating a conservative capital structure with low dilution risk.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 2

    Revenue grew at a 34.5% CAGR over four years, indicating strong historical top-line expansion momentum.

    Debt-to-equity ratio of 0.28 is below the 0.29 cohort median, suggesting a conservative capital structure.

    BEAR CASE · 1

    The company faces medium liquidity risk, which could constrain short-term financial flexibility and operations.

    In focus — financials by report

    Valuation FY

    Market price
    $31 000,00
    Market cap
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    Enterprise valueⓘ
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    P/Eⓘ
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    Non-GAAP P/Eⓘ
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    EV / Revenueⓘ
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    EV / Op incomeⓘ
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    EV / OCFⓘ
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    P / Bⓘ
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    P / Tangible bookⓘ
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    Tangible book
    $323.13B
    Net cashⓘ
    -$40.72B
    Current ratioⓘ
    2.9
    Debt / equityⓘ
    0.3
    ROAⓘ
    6.0%
    ROEⓘ
    22.9%
    Cash conversionⓘ
    150.0%
    CapEx / revenueⓘ
    -0.8%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin50,2 %Best in class
    Net Margin40,8 %Best in class
    ROE22,9 %Best in class
    Capex / Rev-0,8 %Above median
    D/E0,28Above median
    Cash Conv1,50Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • IDICO Investment Construction Oil and Natural Gas JSC Market data — financials · 2026-05-28

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    ICN.HNOCanonical
    — · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage