Why is Hanoi Plastics JSC ?
1
Healthy long term growth as Net Sales has grown by an annual rate of 16.13% and Operating profit at 14.48%
- OPERATING CASH FLOW(Y) Highest at VND 282,998.95 MM
- NET PROFIT(HY) Higher at VND 99,985.8 MM
- CASH AND EQV(HY) Highest at VND 964,608.56 MM
2
With ROE of 7.10%, it has a fair valuation with a 0.58 Price to Book Value
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -14.21%, its profits have fallen by -21.6%
3
Below par performance in long term as well as near term
- Along with generating -14.21% returns in the last 1 year, the stock has also underperformed Vietnam VN Ho Chi Minh Index in the last 3 years, 1 year and 3 months
How much should you hold?
- Overall Portfolio exposure to Hanoi Plastics JSC should be less than 10%
- Overall Portfolio exposure to Miscellaneous should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Miscellaneous)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Hanoi Plastics JSC for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Hanoi Plastics JSC
-100.0%
-1.27
32.02%
Vietnam VN Ho Chi Minh Index
43.59%
1.93
22.62%
Quality key factors
Factor
Value
Sales Growth (5y)
16.13%
EBIT Growth (5y)
14.48%
EBIT to Interest (avg)
3.53
Debt to EBITDA (avg)
1.81
Net Debt to Equity (avg)
0.05
Sales to Capital Employed (avg)
1.15
Tax Ratio
23.30%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
9.45%
ROE (avg)
10.29%
Valuation Key Factors 
Factor
Value
P/E Ratio
8
Industry P/E
Price to Book Value
0.58
EV to EBIT
4.25
EV to EBITDA
2.67
EV to Capital Employed
0.57
EV to Sales
0.34
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
13.36%
ROE (Latest)
7.10%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Sideways
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
13What is working for the Company
OPERATING CASH FLOW(Y)
Highest at VND 282,998.95 MM
NET PROFIT(HY)
Higher at VND 99,985.8 MM
CASH AND EQV(HY)
Highest at VND 964,608.56 MM
DEBT-EQUITY RATIO
(HY)
Lowest at -15.95 %
INVENTORY TURNOVER RATIO(HY)
Highest at 8.05 times
-5What is not working for the Company
RAW MATERIAL COST(Y)
Grown by 12.68% (YoY
NET SALES(Q)
Lowest at VND 550,633.44 MM
OPERATING PROFIT(Q)
Lowest at VND 64,870.45 MM
OPERATING PROFIT MARGIN(Q)
Lowest at 11.78 %
Here's what is working for Hanoi Plastics JSC
Net Profit
At VND 99,985.8 MM has Grown at 153.05%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very positive
Net Profit (VND MM)
Net Profit
Higher at VND 99,985.8 MM
than preceding 12 month period ended Sep 2025MOJO Watch
In the half year the company has already crossed Net Profit of the previous twelve months
Net Profit (VND MM)
Operating Cash Flow
Highest at VND 282,998.95 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (VND MM)
Cash and Eqv
Highest at VND 964,608.56 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debt-Equity Ratio
Lowest at -15.95 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Inventory Turnover Ratio
Highest at 8.05 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Here's what is not working for Hanoi Plastics JSC
Net Sales
Lowest at VND 550,633.44 MM
in the last five periodsMOJO Watch
Near term sales trend is negative
Net Sales (VND MM)
Operating Profit
Lowest at VND 64,870.45 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (VND MM)
Operating Profit Margin
Lowest at 11.78 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Raw Material Cost
Grown by 12.68% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales






