Vicem Hai Van Cement JSC (HVX) Stock Analysis | Price, Returns, Financials & Key Metrics

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

N/A

Shareholding

FII

N/A

DII

N/A

Promoter

N/A

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

MarketsMojo — Loved in India, Now Global

The power of Mojo is now in 29 countries. Explore global equities with the same cutting-edge features you love.Unlock 29 Markets

Dashboard

Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 1.32%

Poor long term growth as Net Sales has grown by an annual rate of -10.32% and Operating profit at -167.01% over the last 5 years
Low ability to service debt as the company has a high Debt to EBITDA ratio of 10.30 times

Risky -

Underperformed the market in the last 1 year

Mojo Parameters

Stock DNA

Industry

Building Products

Market cap

VND Million (Micro Cap)

P/E

Industry P/E

Dividend Yield

0.00%

Debt Equity

0.25

Return on Equity

-12.73%

Price to Book

0.00

Revenue and Profits:

Net Sales:

125,614 Million

(Quarterly Results - Jun 2025)

Net Profit:

-9,501 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

4.42%

6 Months

20.39%

1 Year

22.8%

2 Years

0.99%

3 Years

4.42%

4 Years

-61.62%

5 Years

-12.29%

Vicem Hai Van Cement JSC for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

-10.32%

EBIT Growth (5y)

-167.01%

EBIT to Interest (avg)

-3.19

Debt to EBITDA (avg)

10.30

Net Debt to Equity (avg)

0.26

Sales to Capital Employed (avg)

0.98

Tax Ratio

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

1.32%

ROE (avg)

0.33%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

EV to EBIT

-6.17

EV to EBITDA

1.84

EV to Capital Employed

0.20

EV to Sales

0.19

PEG Ratio

Dividend Yield

ROCE (Latest)

-3.23%

ROE (Latest)

-12.15%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

Mildly Bullish

RSI

Bearish

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Bearish

Mildly Bullish

Dow Theory

Mildly Bullish

OBV

Mildly Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot

No data for shareholding present.

Shareholding Compare (%holding)

No data for shareholding present.

Financial

[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is 48.20% vs -1.89% in Mar 2025",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is 30.77% vs -119.42% in Mar 2025",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Jun'25",
        "Mar'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "125,613.70",
          "val2": "84,759.80",
          "chgp": "48.20%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "16,173.20",
          "val2": "9,825.90",
          "chgp": "64.60%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "849.50",
          "val2": "888.40",
          "chgp": "-4.38%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-9,501.50",
          "val2": "-13,725.10",
          "chgp": "30.77%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "17.00%",
          "val2": "-22.90%",
          "chgp": "3.99%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2024 is -32.06% vs -31.81% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is 31.64% vs -3,561.53% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "347,809.20",
          "val2": "511,963.80",
          "chgp": "-32.06%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "12,871.20",
          "val2": "-8,128.70",
          "chgp": "258.34%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "4,120.50",
          "val2": "6,086.40",
          "chgp": "-32.30%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-43,833.80",
          "val2": "-64,121.40",
          "chgp": "31.64%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "9.10%",
          "val2": "-110.50%",
          "chgp": "11.96%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ

Jun'25

Mar'25

Change(%)

Net Sales

125,613.70

84,759.80

48.20%

Operating Profit (PBDIT) excl Other Income

16,173.20

9,825.90

64.60%

Interest

849.50

888.40

-4.38%

Exceptional Items

0.00

Consolidate Net Profit

-9,501.50

-13,725.10

30.77%

Operating Profit Margin (Excl OI)

17.00%

-22.90%

3.99%

USD in Million.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Jun 2025 is 48.20% vs -1.89% in Mar 2025

Consolidated Net Profit

QoQ Growth in quarter ended Jun 2025 is 30.77% vs -119.42% in Mar 2025

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

347,809.20

511,963.80

-32.06%

Operating Profit (PBDIT) excl Other Income

12,871.20

-8,128.70

258.34%

Interest

4,120.50

6,086.40

-32.30%

Exceptional Items

0.00

Consolidate Net Profit

-43,833.80

-64,121.40

31.64%

Operating Profit Margin (Excl OI)

9.10%

-110.50%

11.96%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2024 is -32.06% vs -31.81% in Dec 2023

Consolidated Net Profit

YoY Growth in year ended Dec 2024 is 31.64% vs -3,561.53% in Dec 2023

All Annual Results

Company CV

About Vicem Hai Van Cement JSC

Vicem Hai Van Cement JSC

Building Products

VICEM Haivan Cement Joint Stock Company, formerly Hai Van Cement Joint Stock Company (HVC), is a Vietnam-based company engaged in the production of construction materials. The Company manufactures five types of cement products, including Portland Cement Blended (PCB) 30, PCB 40, Portland Cement (PC) 40, PC 50 and sulfate resistant PCB. It also processes cement for Hoang Thach Cement Company, Bim Son Cement Joint Stock Company and Ha Tien 1 Cement Joint Stock Company. In addition, the Company is involved in the trading, import and export of cement and clinker, as well as the mining of cement additives and raw construction materials. The Company is a 76.55%-owned subsidiary of Vietnam Cement Industry Corporation (Vicem).

Company Coordinates

Company Details

So 65 Nguyen Van Cu, Quan Lien Chieu , DA NANG None : None

Tel: 84 23 6384217284 236 3842172

http://haivancement.vn/

Registrar Details