ScoreWhy is Song Hong Garment JSC ?
1
Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 21.62%
- Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 14.80
2
The company has declared Positive results for the last 3 consecutive quarters
- OPERATING CASH FLOW(Y) Highest at VND 1,371,992.17 MM
- ROCE(HY) Highest at 29.23%
- RAW MATERIAL COST(Y) Fallen by -43.57% (YoY)
3
With ROE of 28.48%, it has a very expensive valuation with a 1.93 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -5.57%, its profits have risen by 108.7% ; the PEG ratio of the company is 0.2
- At the current price, the company has a high dividend yield of 4.5
Real-Time Research ReportHow much should you buy?
- Overall Portfolio exposure to Song Hong Garment JSC should be less than 10%
- Overall Portfolio exposure to Footwear should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Footwear)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Song Hong Garment JSC for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Song Hong Garment JSC
-5.57%
0.25
51.82%
Vietnam VN Ho Chi Minh Index
43.59%
1.93
22.62%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
6.72%
EBIT Growth (5y)
19.38%
EBIT to Interest (avg)
14.80
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.09
Sales to Capital Employed (avg)
1.68
Tax Ratio
18.47%
Dividend Payout Ratio
63.64%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
29.40%
ROE (avg)
21.62%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
7
Industry P/E
Price to Book Value
1.93
EV to EBIT
6.07
EV to EBITDA
5.06
EV to Capital Employed
2.01
EV to Sales
0.65
PEG Ratio
0.17
Dividend Yield
4.54%
ROCE (Latest)
33.03%
ROE (Latest)
28.48%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend18What is working for the Company
OPERATING CASH FLOW(Y)
Highest at VND 1,371,992.17 MM
ROCE(HY)
Highest at 29.23%
RAW MATERIAL COST(Y)
Fallen by -43.57% (YoY
CASH AND EQV(HY)
Highest at VND 3,567,499.58 MM
DEBT-EQUITY RATIO
(HY)
Lowest at -31.18 %
NET SALES(Q)
At VND 1,646,711.71 MM has Grown at 15.97%
OPERATING PROFIT(Q)
Highest at VND 251,907.57 MM
OPERATING PROFIT MARGIN(Q)
Highest at 15.3 %
PRE-TAX PROFIT(Q)
Highest at VND 244,697.69 MM
NET PROFIT(Q)
Highest at VND 184,625.21 MM
EPS(Q)
Highest at VND 1,640.81
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Here's what is working for Song Hong Garment JSC
Operating Cash Flow
Highest at VND 1,371,992.17 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (VND MM)
Net Sales
At VND 1,646,711.71 MM has Grown at 15.97%
over average net sales of the previous four periods of VND 1,419,956.13 MMMOJO Watch
Near term sales trend is positive
Net Sales (VND MM)
Operating Profit
Highest at VND 251,907.57 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (VND MM)
Operating Profit Margin
Highest at 15.3 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Pre-Tax Profit
Highest at VND 244,697.69 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (VND MM)
Pre-Tax Profit
At VND 244,697.69 MM has Grown at 40.87%
over average net sales of the previous four periods of VND 173,710.01 MMMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (VND MM)
Net Profit
Highest at VND 184,625.21 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (VND MM)
EPS
Highest at VND 1,640.81
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (VND)
Cash and Eqv
Highest at VND 3,567,499.58 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debt-Equity Ratio
Lowest at -31.18 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Raw Material Cost
Fallen by -43.57% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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