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New House Trading Joint Stock Company (Vietnam)

Main Activities: Offices of Real Estate Agents and Brokers
Secondary Activities: Building Finishing Contractors | Printing | Automobile and Other Motor Vehicle Merchant Wholesalers
Full name: New House Trading Joint Stock Company Profile Updated: February 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Being founded in 2003 as a major member of the La Vong Group, the subject participates in real estate investment. It is known as the investor of typical projects in Hanoi City such as New House City (in Quoc Oai District), Louis City Urban Area (in South Tu Liem District), New House Xa La (in Ha Dong District)…Especially, some joint ventures of the subject and other members of La Vong Group have had some new remarkable projects like Trung Minh B New Urban Area (in Hoa Binh City of Hoa Binh Province), Santa Barbara Phu My entertainment and eco-villa complex (in Phu My Town of Ba Ria - Vung Tau Province), 7ha Residential Area (in Nhon Trach District of Dong Nai Province), Bac Phuoc Thang Eco Urban Area (in Vung Tau City of Ba Ria - Vung Tau Province), European Village Amusement Complex (in Di Linh and Lam Ha District of Lam Dong Province)… However, these new projects have just existed on paper mainly.Noticeably, the subject had many construction violations when it performed two BT (Building - Transfer) projects in Hanoi city in order to benefit the land use rights of the Louis City Urban Area project. Besides, the subject received the New House City (in Quoc Oai District) without bidding.

Headquarters
Area 5B, Floor 5, 25T2 Building, Southeast Tran Duy Hung Street Urban Area, Trung Hoa Ward
Ha Noi (municipality); Red River Delta; Postal Code: 10000-14000

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
November 13, 2003
Key Executives
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General Director
Ownership Details
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Subsidiaries
Green Real Estate Investment Company Limited
97.902%
Louis Land Investment Company Limited
20%
Hoang Mai Urban Investment Development Joint Stock Company
Company Performance
Financial values in the chart are available after New House Trading Joint Stock Company report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VND. Absolute financial data is included in the purchased report.
Net sales revenue
-6.24%
Total operating revenue
-6.24%
Operating profit (EBIT)
-59.99%
Net Profit (Loss) for the Period
-56.18%
Total assets
-8.55%
Total equity
1.46%
Operating Profit Margin (ROS)
-10.74%
Net Profit Margin
-7.08%
Return on Equity (ROE)
-2.82%
Debt to Equity Ratio
0.06%
Quick Ratio
-0.49%
Cash Ratio
-0.01%

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