New Risk • Jun 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (39% accrual ratio). Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (₫659.4b market cap, or US$25.1m). Valuation Update With 7 Day Price Move • May 28
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₫6,670, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 11x in the Basic Materials industry in Vietnam. Total returns to shareholders of 30% over the past three years. お知らせ • Apr 06
Create Capital Vietnam Joint Stock Company Limited, Annual General Meeting, Apr 25, 2026 Create Capital Vietnam Joint Stock Company Limited, Annual General Meeting, Apr 25, 2026, at 08:30 SE Asia Standard Time. Location: room 205, 2nd floor, national convention center, tu liem ward, hanoi Vietnam New Risk • Apr 05
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 56% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). High level of non-cash earnings (28% accrual ratio). Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (₫1.08t market cap, or US$41.0m). New Risk • Mar 29
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 28% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). High level of non-cash earnings (28% accrual ratio). Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (₫711.4b market cap, or US$27.0m). New Risk • Dec 24
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 100% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₫628.6b market cap, or US$23.9m). お知らせ • Apr 09
Create Capital Vietnam Joint Stock Company Limited, Annual General Meeting, Apr 26, 2025 Create Capital Vietnam Joint Stock Company Limited, Annual General Meeting, Apr 26, 2025, at 08:30 SE Asia Standard Time. Location: room 205 - 2nd floor, national convention center, me tri ward, nam tu liem district, hanoi city, Vietnam お知らせ • May 30
Create Capital Vietnam Joint Stock Company Limited, Annual General Meeting, Jun 17, 2023 Create Capital Vietnam Joint Stock Company Limited, Annual General Meeting, Jun 17, 2023, at 01:30 Coordinated Universal Time. Location: Room HT3, floor 1, Sport Hotel, 15 Le Van Thiem, Nhan Chinh, Thanh Xuan Ho Chi Minh City Vietnam Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Nhan Le was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Nhan Le was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. お知らせ • Apr 16
Create Capital Viet Nam Joint Stock Company Limited Appoints Pham Van Truong as Member of BOD Create Capital Viet Nam Joint Stock Company Limited announced the appointment of Mr. Pham Van Truong as member of BOD of the company from April 09, 2022. Upcoming Dividend • Sep 20
Inaugural dividend of ₫500 per share Eligible shareholders must have bought the stock before 27 September 2021. Payment date: 18 October 2021. This is the first dividend for Create Capital Vietnam since going public. The average dividend yield among industry peers is 4.9%. Is New 90 Day High Low • Jan 28
New 90-day low: ₫8,240 The company is down 40% from its price of ₫13,650 on 30 October 2020. The Vietnamese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 15% over the same period. Is New 90 Day High Low • Dec 10
New 90-day high: ₫18,750 The company is up 53% from its price of ₫12,250 on 11 September 2020. The Vietnamese market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 15% over the same period. Is New 90 Day High Low • Nov 18
New 90-day high: ₫16,050 The company is up 32% from its price of ₫12,150 on 20 August 2020. The Vietnamese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 18% over the same period. Is New 90 Day High Low • Oct 26
New 90-day high: ₫15,700 The company is up 35% from its price of ₫11,650 on 28 July 2020. The Vietnamese market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 29% over the same period. Is New 90 Day High Low • Oct 09
New 90-day high: ₫12,850 The company is up 7.0% from its price of ₫12,000 on 10 July 2020. The Vietnamese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 14% over the same period. お知らせ • Jul 17
Create Capital Vietnam Joint Stock Company Limited Appoints Duong Thi Huyen as Chief Executive Officer Create Capital Viet Nam Joint Stock Company Limited approved the appointment of Mrs. Duong Thi Huyen as Chief Executive Officer (CEO) of the company from July 08, 2020.