Hang Xanh Motor Services JSC
HHOSE:HAX8,550.00
VND
+10.00
(+0.12%)
ISIN
VN000000HAX1
Return %
Stock
S&P 500
1Y
-15.76
14.20
3Y
-32.19
81.12
5Y
-41.11
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- Full Time Employees
- 1,280
- Sector
- Retail trade
- Industry
- Specialty stores
- Address
- Ho Chi Minh City Vietnam
- IPO Date
- Dec 26, 2006
- Website
- haxaco.com.vn
- Similar Companies
- Business
- Hang Xanh Motors Service Joint Stock Company is a Vietnam-based automotive retail and technical services company primarily engaged in the authorized distribution, retail sales, maintenance, and repair of luxury passenger automobiles, commercial vehicles, and automotive components. Founded in 1989 and headquartered in Ho Chi Minh City, Vietnam, the company operates as a leading authorized distributor and dealership network for global automotive brands, most notably Mercedes-Benz and Morris Garages (MG). The company operates through three principal business segments: Vehicle Sales, Technical Repair and Maintenance Services, and Spare Parts and Accessories. Its core product and service portfolio includes the retail distribution of new internal combustion engine and battery-electric passenger cars, executive sedans, sport utility vehicles (SUVs), and light commercial vehicles; the inspection, valuation, trade-in, and certified retail of pre-owned automobiles; the provision of scheduled maintenance, mechanical repair, collision restoration, computerized vehicle diagnostics, and auto detailing services; the distribution of genuine replacement components, automotive lubricants, tires, and manufacturer-certified accessories; and the provision of integrated support services, including automotive insurance brokerage, extended warranty programs, vehicle registration support, auto financing facilitation, and automotive leasing. Hang Xanh Motors Service Joint Stock Company operates a nationwide network of manufacturer-certified 3S and 4S dealership facilities, modern showrooms, and specialized service workshops across major metropolitan centers in Vietnam, including Ho Chi Minh City, Hanoi, Da Nang, and Can Tho. In recent strategic developments, the company has significantly diversified its market reach by expanding into the mass-market passenger vehicle segment through an expanded distribution alliance for SAIC Motor's MG brand, scaling operations via specialized automotive retail subsidiaries such as Premium Auto Joint Stock Company and launching multiple new MG dealership locations across northern, central, and southern Vietnam. In addition, the company has accelerated its transition toward sustainable mobility by modernizing service center infrastructure to incorporate dedicated electric vehicle (EV) charging stations, high-voltage battery diagnostic tools, and technician certification programs to support new electric and hybrid vehicle models. The company has also executed capital restructuring initiatives across its operating subsidiaries and optimized warehouse logistics to enhance parts inventory availability and recurring aftermarket revenue generation.