Dashboard
1
With a growth in Net Profit of 11.08%, the company declared Very Positive results in Mar 25
- The company has declared positive results in Jan 70 after 4 consecutive negative quarters
- NET PROFIT(HY) Higher at VND -144.33 MM
- RAW MATERIAL COST(Y) Fallen by -62.16% (YoY)
2
With ROE of 4.87%, it has a expensive valuation with a 1.07 Price to Book Value
3
Market Beating Performance
Stock DNA
Transport Services
VND 584,755 Million (Micro Cap)
22.00
NA
0.00%
-0.18
21.84%
0.85
Revenue and Profits:
Net Sales:
2,761 Million
(Quarterly Results - Mar 2025)
Net Profit:
-15,331 Million
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-10.0%
0%
-10.0%
6 Months
59.34%
0%
59.34%
1 Year
89.4%
0%
89.4%
2 Years
44.69%
0%
44.69%
3 Years
212.2%
0%
212.2%
4 Years
-2.12%
0%
-2.12%
5 Years
139.97%
0%
139.97%
MHC JSC for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
12.42%
EBIT Growth (5y)
-173.98%
EBIT to Interest (avg)
-0.25
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.27
Sales to Capital Employed (avg)
0.11
Tax Ratio
15.12%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0
ROE (avg)
13.06%
Valuation key factors
Factor
Value
P/E Ratio
22
Industry P/E
Price to Book Value
1.07
EV to EBIT
-20.84
EV to EBITDA
-23.58
EV to Capital Employed
1.11
EV to Sales
7.96
PEG Ratio
0.97
Dividend Yield
0.68%
ROCE (Latest)
-5.31%
ROE (Latest)
4.87%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
No Trend
Mildly Bearish
OBV
Mildly Bullish
Mildly Bearish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Mar'25 - QoQ
Mar'25
Dec'24
Change(%)
Net Sales
2,760.80
3,338.10
-17.29%
Operating Profit (PBDIT) excl Other Income
-3,126.40
-4,193.60
25.45%
Interest
8,250.80
6,754.30
22.16%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-15,330.60
15,124.40
-201.36%
Operating Profit Margin (Excl OI)
-1,391.60%
-1,398.50%
0.69%
USD in Million.
Net Sales
QoQ Growth in quarter ended Mar 2025 is -17.29% vs 7.62% in Dec 2024
Consolidated Net Profit
QoQ Growth in quarter ended Mar 2025 is -201.36% vs 261.67% in Dec 2024
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
14,288.90
131,567.40
-89.14%
Operating Profit (PBDIT) excl Other Income
-14,628.70
-2,536.30
-476.77%
Interest
20,780.40
46,283.00
-55.10%
Exceptional Items
0.00
0.00
Consolidate Net Profit
11,816.40
25,682.60
-53.99%
Operating Profit Margin (Excl OI)
-1,130.50%
-54.50%
-107.60%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is -89.14% vs 159.27% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is -53.99% vs 183.40% in Dec 2023
About MHC JSC 
MHC JSC
Transport Services
MHC Joint Stock Co, formerly Marina Holding Company, is a Vietnam-based company engaged in the freight transportation industry. The Company provides marine transportation and inland water transportation services, trucking services and multimodal transportation services. It is also involved in port operations and the offering of marine port services, such as cargo handling services and tugboat services. Other activities include the provision of warehousing and container services. It is also involved in real estate trading and management, along with construction of traffic works.
Company Coordinates 
Company Details
Level 7, Hai An Building, Km 2, Dinh Vu Street, Dong Hai 2 Ward, Hai An District, HANOI None : None
Registrar Details






