Dashboard
1
The company has declared negative results for the last 2 consecutive quarters
- The company has declared negative results in Dec 25 after 2 consecutive negative quarters
- NET SALES(Q) At VND 15,612.17 MM has Fallen at -24.13%
- PRE-TAX PROFIT(Q) At VND 736.26 MM has Fallen at -83.34%
- NET PROFIT(Q) At VND 736.26 MM has Fallen at -83.34%
2
Consistent Underperformance against the benchmark over the last 3 years
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-26.23%
0%
-26.23%
6 Months
-30.77%
0%
-30.77%
1 Year
-21.05%
0%
-21.05%
2 Years
-18.18%
0%
-18.18%
3 Years
-15.09%
0%
-15.09%
4 Years
-16.67%
0%
-16.67%
5 Years
-29.69%
0%
-29.69%
Riverway Management Joint Stock No. 3 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)
4.36%
EBIT Growth (5y)
10.81%
EBIT to Interest (avg)
14.35
Debt to EBITDA (avg)
1.66
Net Debt to Equity (avg)
0.44
Sales to Capital Employed (avg)
0.32
Tax Ratio
0
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
6.85%
ROE (avg)
8.98%
Valuation key factors
Factor
Value
P/E Ratio
Industry P/E
Price to Book Value
NA
EV to EBIT
2.18
EV to EBITDA
2.11
EV to Capital Employed
0.23
EV to Sales
0.43
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
10.32%
ROE (Latest)
9.57%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
No Trend
OBV
No Trend
Mildly Bearish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Mar'26 - QoQ
Mar'26
Dec'25
Change(%)
Net Sales
2,888.00
15,612.20
-81.50%
Operating Profit (PBDIT) excl Other Income
-262.40
929.70
-128.22%
Interest
632.50
774.50
-18.33%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-1,006.40
736.30
-236.68%
Operating Profit Margin (Excl OI)
-128.50%
59.50%
-18.80%
USD in Million.
Net Sales
QoQ Growth in quarter ended Mar 2026 is -81.50% vs 33.69% in Dec 2025
Consolidated Net Profit
QoQ Growth in quarter ended Mar 2026 is -236.68% vs -77.25% in Dec 2025
Annual Results Snapshot (Consolidated) - Dec'25
Dec'25
Dec'24
Change(%)
Net Sales
67,824.80
51,242.90
32.36%
Operating Profit (PBDIT) excl Other Income
14,043.70
11,914.30
17.87%
Interest
3,184.70
1,678.10
89.78%
Exceptional Items
0.00
0.00
Consolidate Net Profit
9,663.10
8,826.70
9.48%
Operating Profit Margin (Excl OI)
198.80%
202.30%
-0.35%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2025 is 32.36% vs 72.86% in Dec 2024
Consolidated Net Profit
YoY Growth in year ended Dec 2025 is 9.48% vs 212.04% in Dec 2024
About Riverway Management Joint Stock No. 3 
Riverway Management Joint Stock No. 3
Transport Services
Riverway Management Joint Stock Company No.3 is a Vietnam-based company primarily engaged in the water transport sector. The Company's leading business activities are the management and maintenance of inland waterway in Quang Ninh province, including activities such as dredging, obstacles removal, embankment repair and waterway adjustment. The Company is also involved in the manufacture of buoys and other water transport safety equipment, the provision of cruise tours in Halong Bay, as well as the operation of hotels in Hanoi.
Company Coordinates 
Company Details
To 2, khu 2, phuong Hong Ha , HA LONG None : None
Registrar Details






