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Hai An Transport & Stevedoring JSC

Hai An Transport & Stevedoring JSC

HHOSE:HAH
51,300.00
VND
+400.00
(+0.79%)
9.70TMarket Cap
Dec 02Next Earn
Hai An Transport & Stevedoring JSC
HOSE:HAH
(Ho Chi Minh Stock Exchange)

Recent

price

51,300.00

P/E

ratio

- -

div

yld

1.45%

ROIC.AI

2014
2015
2016
2018
2019
2020
2021
2022
2023
2024
2025
TTM
VND
2,845.46
3,122.06
2,898.33
8,148.98
7,326.73
7,962.82
12,987.21
20,678.64
16,562.64
24,902.13
30,483.6
- -
Revenue per Share
869.35
993.21
795.21
1,044.7
801.95
924.11
2,959.12
5,302.12
2,440
4,057.72
7,224.18
- -
Basic EPS, GAAP
-655.11
815.07
866.4
-2,693.31
-89.9
-481.58
1,130.72
-1,993.69
-2,090.07
-1,754.87
872.74
3,395.67
Free Cash Flow per Basic Share
426.4
411.54
408.77
262.3
477.78
315.9
445.58
442.26
61.89
0.1
939.37
742.4
Dividend per Share
- -
14,574.8
5,094.7
6,319.22
6,580.17
7,182.96
10,428.96
14,650
16,868.25
20,773.44
26,704.29
27,512.23
Book Value per Share
- -
14,481.36
5,059.31
6,278.32
6,551.3
7,165.37
10,402.51
14,628
16,848.23
20,748.97
26,687.99
25,324.82
Tangible Book Value per Share
151
168
168
129
151
150
151
155
158
160
167
175
Basic Weighted Avg Shares
430,673
524,839
487,582
1,054,283
1,108,933
1,191,667
1,955,301
3,205,610
2,612,690
3,992,095
5,091,077
- -
Sales/Revenue/Turnover
30.61
35.41
27.55
14.96
13.69
14.35
32.15
40.73
18.17
26.46
35.7
- -
Operating Margin (%)
41,960
63,426
76,511
94,187
116,852
137,201
163,542
278,066
364,344
457,172
588,366
- -
Depreciation Expense
131,581
166,966
133,778
135,159
121,378
138,296
445,513
821,937
384,901
650,499
1,206,513
- -
Net Income, GAAP
2.53
8.51
9.98
15.41
14.97
13.85
16.87
18.2
20.49
18.12
18.72
- -
Effective Tax Rate (%)
30.55
31.81
27.44
12.82
10.95
11.61
22.78
25.64
14.73
16.29
23.7
- -
Profit Margin (%)
- -
104,265
140,885
340,109
378,852
374,589
666,634
834,172
662,925
542,743
49,852
293,868
Working Capital
- -
142,329
108,841
164,633
236,960
348,392
558,712
1,004,423
992,608
1,797,937
1,489,157
1,819,082
LT Debt
- -
520,272
574,458
1,218,676
1,254,682
1,335,797
1,902,030
2,886,921
3,170,746
4,046,009
5,394,803
6,097,398
Total Equity
- -
- -
16.37
12.51
8.51
8.6
23.41
30.06
7.92
14.41
19.92
- -
Return on Invested Capital (%)
- -
- -
18.98
10.7
8.2
8.91
16.35
18.83
10.73
10.68
16.02
- -
Return on Capital (%)
- -
- -
24.63
17.76
12.43
13.4
34
42.56
15.48
21.91
30.99
- -
Return on Common Equity (%)

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
711,045
745,457
842,227
LT Borrowings
1,489,157
1,087,333
1,747,847
LT Finance Leases
35,487
97,071
71,235
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
169
186
186
Market Capitalization
9,912,153
10,537,151
9,700,869

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,563,782
1,771,818
2,295,419
Cash, Cash Equivalents & STI
587,595
1,013,398
1,324,951
Accounts Receivable, Net
403,408
341,695
444,079
Inventories
155,247
163,093
200,750
Total Current Liabilities
1,513,930
1,373,655
2,001,551
Payables & Accruals
- -
- -
- -
ST Debt
711,045
745,457
842,227
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
32.99%
33.34%
Free Cash Flow
-101.49%
-155.51%
-151.81%
Net Income, GAAP
41.97%
81.59%
85.47%
Sales/Revenue/Turnover
33.35%
37.97%
27.53%
Total Cash Common Dividend
98,277.6%
196,548.31%
982,883.04%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
704,101
948,786
1,128,554
1,210,654
3,992,095
2025
1,169,134
1,274,665
- -
1,299,586
5,091,077
2026
1,264,962
1,533,552
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
375.55
531.38
1,172
1,677
4,057.72
2025
1,465.89
2,141.49
- -
1,746
7,224.18
2026
1,739.65
2,002.27
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.1
2025
- -
- -
- -
737.27
939.37
2026
- -
- -
- -
- -
- -
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Business
Hai An Transport & Stevedoring Joint Stock Company is a Vietnam-based maritime logistics enterprise primarily engaged in marine container transportation, seaport operations, and integrated logistics services. Founded in 2009 and headquartered in Hai Phong, Vietnam, the company operates across three primary business segments: Maritime Transportation, Port Operations, and Logistics Services. The company offers an extensive portfolio of maritime and supply chain solutions, including domestic coastal container shipping along North-South corridors connecting Hai Phong, Da Nang, Quy Nhon, and Ho Chi Minh City; intra-Asian regional feeder container transport connecting Vietnam to China, Hong Kong, and Southeast Asia; container vessel time chartering and spot chartering services to domestic and international carriers; seaport terminal operations and stevedoring at Hai An Port, encompassing container loading and unloading, breakbulk cargo handling, vessel mooring, and wharf management; inland container depot and container yard operations; container maintenance, cleaning, and structural repair services; container freight station and bonded warehousing operations; freight forwarding and multimodal inland freight transport by road, inland waterways, and rail; and customs clearance, vessel agency, and cargo brokerage services. The company conducts its operations through its own fleet and specialized subsidiaries and joint ventures, including Hai An Container Lines Company Limited, Hai An Port Company Limited, Hai An Agency and Logistics Company Limited, and Pan Hai An Company Limited. In recent operational developments, the company has executed a major fleet expansion program by receiving and commissioning several newbuild 1,800-TEU container vessels from Huanghai Shipbuilding to expand its intra-Asia route network and vessel chartering business. In addition, the company has expanded its international shipping footprint through Lotus Link, a strategic joint venture with ZIM Integrated Shipping Services to operate direct regional shipping routes, while securing capital financing via convertible bond issuances to fund ongoing fleet acquisitions and logistics infrastructure enhancements.