Thong Nhat Joint Stock Company

HNX:BAX Stock Report

Market Cap: ₫323.9b

Thong Nhat Past Earnings Performance

Past criteria checks 4/6

Thong Nhat's earnings have been declining at an average annual rate of -23.5%, while the Real Estate industry saw earnings declining at 8.5% annually. Revenues have been declining at an average rate of 15.9% per year. Thong Nhat's return on equity is 13.4%, and it has net margins of 38.7%.

Key information

-23.5%

Earnings growth rate

-23.5%

EPS growth rate

Real Estate Industry Growth-4.9%
Revenue growth rate-15.9%
Return on equity13.4%
Net Margin38.7%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Thong Nhat makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

HNX:BAX Revenue, expenses and earnings (VND Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2476,53329,59822,5080
30 Jun 2473,72326,25321,7650
31 Mar 2476,35332,90821,6620
31 Dec 2374,52328,76622,1960
30 Sep 2374,72223,29821,7710
30 Jun 2380,49124,70026,2300
31 Mar 2383,66917,72326,2800
31 Dec 22232,29064,65926,0590
30 Sep 22305,58889,80527,1400
30 Jun 22302,88092,80822,6870
31 Mar 22312,857102,99423,1190
31 Dec 21171,90660,33324,0860
30 Sep 21105,15541,72223,2300
30 Jun 21334,879156,36223,5480
31 Mar 21318,183146,61924,8710
31 Dec 20311,296145,58922,9670
30 Sep 20303,802150,71420,5690
30 Jun 2074,17537,06020,4280
31 Mar 20103,77748,82920,3610
31 Dec 19183,77585,02519,7240
30 Sep 19181,30273,97520,4040
30 Jun 19181,60574,42819,9850
31 Mar 19150,59159,27918,4720
31 Dec 1868,36923,06818,4720
30 Sep 1873,15323,83317,2990
30 Jun 1870,49325,53815,5650
31 Mar 1870,70125,01617,1540
31 Dec 1770,83125,72316,9590

Quality Earnings: BAX has high quality earnings.

Growing Profit Margin: BAX's current net profit margins (38.7%) are higher than last year (31.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BAX's earnings have declined by 23.5% per year over the past 5 years.

Accelerating Growth: BAX's earnings growth over the past year (27%) exceeds its 5-year average (-23.5% per year).

Earnings vs Industry: BAX earnings growth over the past year (27%) exceeded the Real Estate industry -7.5%.


Return on Equity

High ROE: BAX's Return on Equity (13.4%) is considered low.


Return on Assets


Return on Capital Employed


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