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 598,612.01 MM
- NET PROFIT(HY) At VND 254,781.03 MM has Grown at 90.66%
- NET SALES(HY) At VND 2,464,552.21 MM has Grown at 27.89%
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 -0.25%, 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
-4.79%
-0.02
50.58%
Vietnam VN Ho Chi Minh Index
29.95%
1.61
21.07%
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
Mildly Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
No Trend
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 598,612.01 MM
NET PROFIT(HY)
At VND 254,781.03 MM has Grown at 90.66%
NET SALES(HY)
At VND 2,464,552.21 MM has Grown at 27.89%
ROCE(HY)
Highest at 26.34%
RAW MATERIAL COST(Y)
Fallen by -58.81% (YoY
CASH AND EQV(HY)
Highest at VND 3,068,865.57 MM
-6What is not working for the Company
NET SALES(Q)
At VND 1,036,175.97 MM has Fallen at -21.51%
INTEREST(HY)
At VND 27,318.4 MM has Grown at 25.56%
NET PROFIT(Q)
At VND 84,427.31 MM has Fallen at -23.1%
Here's what is working for Song Hong Garment JSC
Operating Cash Flow
Highest at VND 598,612.01 MM and Grown
In each year 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 3,068,865.57 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Raw Material Cost
Fallen by -58.81% (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
Here's what is not working for Song Hong Garment JSC
Net Sales
At VND 1,036,175.97 MM has Fallen at -21.51%
over average net sales of the previous four periods of VND 1,320,100.79 MMMOJO Watch
Near term sales trend is extremely negative
Net Sales (VND MM)
Interest
At VND 27,318.4 MM has Grown at 25.56%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (VND MM)
Net Profit
At VND 84,427.31 MM has Fallen at -23.1%
over average net sales of the previous four periods of VND 109,788.07 MMMOJO Watch
Near term Net Profit trend is negative
Net Profit (VND MM)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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