Reported Earnings • Apr 26
First quarter 2026 earnings released First quarter 2026 results: Net income: ₫15.7m (up ₫15.2b from 1Q 2025). 공시 • Mar 31
MHC Joint Stock Company, Annual General Meeting, Apr 22, 2026 MHC Joint Stock Company, Annual General Meeting, Apr 22, 2026, at 09:00 SE Asia Standard Time. Location: function room no. 7, 2nd floor, melia hanoi hotel, no. 44, ly thuong kiet street, cua nam ward, Vietnam Reported Earnings • Feb 02
Full year 2025 earnings released: EPS: ₫3,959 (vs ₫271 in FY 2024) Full year 2025 results: EPS: ₫3,959 (up from ₫271 in FY 2024). Net income: ₫172.1b (up ₫160.4b from FY 2024). Reported Earnings • Nov 03
Third quarter 2025 earnings released Third quarter 2025 results: Net income: ₫112.1b (up ₫97.0b from 3Q 2024). Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₫14,150, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 15x in the Shipping industry in Vietnam. Total returns to shareholders of 112% over the past three years. New Risk • Aug 07
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 47% 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 Revenue has declined by 32% over the past year. High level of non-cash earnings (47% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Revenue is less than US$5m (₫50b revenue, or US$1.9m). Market cap is less than US$100m (₫519.5b market cap, or US$19.7m). Reported Earnings • Aug 01
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: ₫40.9b (up ₫36.1b from 2Q 2024). Net income: ₫37.2b (up ₫62.1b from 2Q 2024). Profit margin: 91% (up from net loss in 2Q 2024). New Risk • Jul 31
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 5.8% 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 Revenue has declined by 87% over the past year. Revenue is less than US$1m (₫13b revenue, or US$492k). Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (₫528.2b market cap, or US$20.1m). New Risk • Nov 19
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 4.6% 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 Latest financial reports are more than 1 year old (reported September 2015 fiscal period end). High level of non-cash earnings (39% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (4.6% average weekly change). Market cap is less than US$100m (₫272.2b market cap, or US$10.6m). 공시 • May 31
MHC Joint Stock Company, Annual General Meeting, Jun 20, 2024 MHC Joint Stock Company, Annual General Meeting, Jun 20, 2024, at 09:00 SE Asia Standard Time. Location: lot 22a, le hong phong street, ngo quyen district, hai phong Vietnam 공시 • Jul 12
MHC Joint Stock Company Announces CEO Changes MHC Joint Stock Company announced the appointment of Mr. Nguyen Duc Loi as CEO, effective July 01, 2023. Former position in the organization: a member of the BOD. The Company announced the resignation of Mrs. Nguyen Thi Thuy Linh as CEO, effective July 01, 2023. 공시 • May 27
MHC Joint Stock Company, Annual General Meeting, Jun 15, 2023 MHC Joint Stock Company, Annual General Meeting, Jun 15, 2023, at 02:00 Coordinated Universal Time. Location: The Sun 1 Conference Room, floor 2, the Shine Hotel No.1 , Lot 22A, Le Hong Phong, Ngo Quyen district Hai Phong City Vietnam Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 11 non-independent directors. Chairman of the Board Huy Pham was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jul 15
Upcoming dividend of ₫500 per share Eligible shareholders must have bought the stock before 22 July 2022. Payment date: 10 August 2022. Trailing yield: 5.5%. Lower than top quartile of Vietnamese dividend payers (7.7%). Higher than average of industry peers (3.8%). 공시 • Jul 14
MHC Joint Stock Company Approves Cash Dividend for 2021, Payable on August 10, 2022 MHC Joint Stock Company approved the plan to pay cash dividend for 2021 as Exercise ratio: 5%/par value (500 dongs/share). Record date: July 25, 2022. Payment date: August 10, 2022. 공시 • Jun 10
MHC Joint Stock Company Announces Executive Changes MHC Joint Stock Company announced the resignation of Ms. Nguyen Thuy Nga as Head of the Board of Supervisors and appointed Ms. Nguyen Tu Uyen as Head of the Board of Supervisors, effective June 3, 2022. 공시 • May 27
An unknown buyer acquired a 24.8% stake in Transport Engineering Design Inc (UNQ-VNM : TED) from MHC Joint Stock Company (HOSE:MHC). An unknown buyer acquired a 24.8% stake in Transport Engineering Design Inc (UNQ-VNM : TED) from MHC Joint Stock Company (HOSE:MHC) on May 19, 2022. Following the disposal of 3.1 million shares, MHC’s shareholding in TED decreased from 30.11% to 5.31%.
An unknown buyer completed the acquisition of a 24.8% stake in Transport Engineering Design Inc (UNQ-VNM : TED) from MHC Joint Stock Company (HOSE:MHC) on May 19, 2022. 공시 • May 25
MHC Joint Stock Company, Annual General Meeting, May 31, 2022 MHC Joint Stock Company, Annual General Meeting, May 31, 2022, at 02:00 Coordinated Universal Time. Location: Hai An Building, Km2, Dinh Vu street, Dong Hai 2 ward Hai An district, Hai Phong Vietnam Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 11 non-independent directors. Chairman of the Board Huy Pham was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Is New 90 Day High Low • Jan 22
New 90-day high: ₫8,780 The company is up 51% from its price of ₫5,830 on 23 October 2020. The Vietnamese market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 47% over the same period. Is New 90 Day High Low • Dec 25
New 90-day high: ₫7,000 The company is up 5.0% from its price of ₫6,690 on 25 September 2020. The Vietnamese market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is up 34% over the same period. Is New 90 Day High Low • Oct 15
New 90-day low: ₫5,750 The company is down 21% from its price of ₫7,300 on 17 July 2020. The Vietnamese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is up 16% over the same period. 공시 • Sep 22
An unknown buyer agreed to acquire 51% stake in Wallem Shipping Vietnam Co., Ltd. from MHC Joint Stock Company (HOSE:MHC). An unknown buyer agreed to acquire 51% stake in Wallem Shipping Vietnam Co., Ltd. from MHC Joint Stock Company (HOSE:MHC) on September 18, 2020. As per terms, MHC Joint Stock Company will transfer its whole stake in Wallem Shipping Vietnam Co., Ltd. The board of directors of MHC Joint Stock Company has approved the transaction. 공시 • Sep 04
MHC Joint Stock Company Announces CEO Changes MHC Joint Stock Company announced personnel change as follows: Approved the resignation of Mr. Le Viet Dung as CEO as from September 01, 2020. Mrs. Nguyen Thi Thuy Linh was appointed as CEO as from September 01, 2020. 공시 • Aug 15
MHC Joint Stock Company Announces Executive Changes MHC Joint Stock Company's board approved the resignation of Pham Ba Huy as Chief Executive Officer (CEO) of the Company from August 01, 2020. The board also approved the appointment of Le Viet Dung as Chief Executive Officer (CEO) of the Company from August 01, 2020.