New Risk • Jul 20
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₫261.0b (US$9.92m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₫261.0b market cap, or US$9.92m). Minor Risks High level of debt (77% net debt to equity). Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₫3,400, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 13x in the Industrials industry in Vietnam. Total loss to shareholders of 14% over the past three years. New Risk • Jun 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 362% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Share price has been highly volatile over the past 3 months (8.4% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Large one-off items impacting financial results. Market cap is less than US$100m (₫313.9b market cap, or US$11.9m). Announcement • Apr 27
Halcom VietNam Joint Stock Company, Annual General Meeting, Jun 25, 2026 Halcom VietNam Joint Stock Company, Annual General Meeting, Jun 25, 2026. Announcement • Apr 17
Halcom VietNam Joint Stock Company Provides Earnings Guidance for the Year of 2026 Halcom VietNam Joint Stock Company provided earnings guidance for the year of 2026. For the year, the company expects net operating profit of VND 18,578 million. New Risk • Nov 11
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 6.7% 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 Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (₫336.2b market cap, or US$12.8m). Announcement • Jul 24
Halcom VietNam Joint Stock Company, Annual General Meeting, Sep 12, 2025 Halcom VietNam Joint Stock Company, Annual General Meeting, Sep 12, 2025. Location: 9th floor, hoa binh building, no. 106, hoang quoc viet street, nghia do ward, cau giay district, hanoi Vietnam Announcement • Jul 30
Halcom VietNam Joint Stock Company, Annual General Meeting, Sep 26, 2024 Halcom VietNam Joint Stock Company, Annual General Meeting, Sep 26, 2024. New Risk • Oct 06
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₫241.0b (US$9.88m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (₫241.0b market cap, or US$9.88m). Minor Risk Shareholders have been diluted in the past year (31% increase in shares outstanding). Announcement • Jul 29
Halcom VietNam Joint Stock Company, Annual General Meeting, Sep 29, 2023 Halcom VietNam Joint Stock Company, Annual General Meeting, Sep 29, 2023. 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. 4 non-independent directors. Member of Supervisory Board Giang Nguyen was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 29
Halcom Vietnam Joint Stock Company Announces Resignation of Mr. Vo Tien Dung as Deputy CEO, Effective November 01, 2022 Halcom VietNam Joint Stock Company announces the change in personnel as follows: Mr. Vo Tien Dung resigned as Deputy CEO. Effective date: November 01, 2022. Announcement • Oct 15
Halcom Vietnam Joint Stock Company Approve the Plan for 2021 Profit Distribution Halcom VietNam Joint Stock Company approved the plan for 2021 profit distribution, to pay cash dividend for 2021 (3%). Announcement • Oct 10
Halcom Vietnam Joint Stock Company Announces Board Changes Halcom VietNam Joint Stock Company announces the change in personnel as follows: The company appointed Mr. Nguyen Truong Giang as member of the BOS effective October 4, 2022 and also announced the resignation of Ms. Vo Huyen My as member of the BOS effective October 4, 2022. Announcement • Sep 23
Halcom Vietnam Joint Stock Company Announces Executive Changes Halcom VietNam Joint Stock Company announced personnel change as follows: Approving the resignation of Mr. Nguyen Viet Dung as Deputy CEO as from September 19, 2022 and Mr. Nguyen Viet Dung was appointed as Deputy Chairman of the Board of directors as from September 19, 2022. Announcement • Sep 17
Halcom Vietnam Joint Stock Company Announces Resignation of Mrs. Vo Huyen My as Member of Supervisory Board On September 15, 2022, Halcom VietNam Joint Stock Company announced the resignation of Mrs. Vo Huyen My as member of Supervisory Board of the Company from October 04, 2022. Announcement • Sep 01
Halcom VietNam Joint Stock Company Announces Changes to its Board, Effective September 01, 2022 The Board resolution dated August 30, 2022, The Board of Directors of Halcom VietNam Joint Stock Company approved the following contents: Approved the resignation of Mr. Nguyen Quang Huan as Chairman of Board of Directors as Representative of contributed capital of HID in Thuan Thanh Water Joint Stock Company from September 01, 2022. Approved the appointment of Mr. Nguyen Viet Dung as Member of Board of Directors as Representative of contributed capital of HID in Thuan Thanh Water Joint Stock Company from September 01, 2022. Announcement • Aug 17
Halcom VietNam Joint Stock Company, Annual General Meeting, Sep 30, 2022 Halcom VietNam Joint Stock Company, Annual General Meeting, Sep 30, 2022. Location: Hoa Binh Building, No. 106 Hoang Quoc Viet, Nghia Do ward, Cau Giay district Ha Noi Vietnam Announcement • Jul 13
Halcom Vietnam Joint Stock Company Appoints Vo Tien Dung as Deputy CEO BOD of Halcom VietNam Joint Stock Company announces a personnel change as follows: Appointing Mr. Vo Tien Dung to Deputy CEO. Effective date is July 01, 2022. 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. 4 non-independent directors. Founder, President, General Director, Chairman of Board & Member of Management Board Nguyen Huan 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. Announcement • Apr 13
Halcom VietNam Joint Stock Company Approves the Appointment of Mr. Pham Anh Duc as Chief Executive Officer The Board resolution dated April 07, 2022, the BOD of Halcom VietNam Joint Stock Company approved the appointment of Mr. Pham Anh Duc as Chief Executive Officer (CEO) of the Company from April 12, 2022. Is New 90 Day High Low • Mar 12
New 90-day high: ₫4,100 The company is up 61% from its price of ₫2,540 on 11 December 2020. The Vietnamese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is up 24% over the same period. Is New 90 Day High Low • Jan 11
New 90-day high: ₫3,220 The company is up 21% from its price of ₫2,660 on 13 October 2020. The Vietnamese market is up 24% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Industrials industry, which is up 31% over the same period. Is New 90 Day High Low • Dec 23
New 90-day high: ₫2,890 The company is up 6.0% from its price of ₫2,730 on 24 September 2020. The Vietnamese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Industrials industry, which is up 25% over the same period. Announcement • Oct 02
Halcom VietNam Joint Stock Company Appoints Nguyen Quang Huan as Chairman of BOD The board of directors of Halcom VietNam Joint Stock Company approved the appointment of Nguyen Quang Huan as Chairman of BOD for the term 2020 – 2025. 
