Hoang Huy Investment Services JSC

Hoang Huy Investment Services JSC

HHOSE:HHS
9,420.00
VND
+20.00
(+0.21%)
4.90TMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5,534.56
15,176.3
18,558.49
4,463.44
3,400.19
3,321.3
1,755.95
1,686.21
1,403.18
1,087.41
996.17
1,552.3
2,206.35
- -
Basic EPS, GAAP
910.13
1,446.21
2,544.66
392.08
253.31
529.33
565.92
791.35
632.54
626.53
946.09
997.84
8,781.34
- -
Free Cash Flow per Basic Share
1,500.29
7,259.89
-3,880.29
1,575.13
-1,216.29
1,852.81
-284.18
2,224.57
-221.93
-474.85
-493.14
717.27
4,914.21
478.19
Dividend per Share
- -
- -
890.68
305.65
- -
- -
- -
306.89
- -
- -
0.08
0.03
488.7
- -
Book Value per Share
4,617.94
6,348.66
8,375.82
8,442.28
8,678.25
9,479.17
9,982.27
9,818.34
10,500.17
11,109.72
12,055.92
13,008.76
20,826.38
20,922.6
Tangible Book Value per Share
4,617.94
6,348.66
8,375.82
8,442.28
8,668.56
9,468.7
9,971.8
9,781.42
10,463.72
11,073.93
12,030.34
12,983.59
20,798.66
20,895.4
Basic Weighted Avg Shares
90
94
189
353
363
347
336
359
368
354
368
368
405
432
Sales/Revenue/Turnover
498,950
1,423,761
3,507,998
1,576,843
1,234,787
1,151,745
590,396
605,482
516,363
385,295
366,575
571,225
892,760
- -
Operating Margin (%)
16.99
9.47
10.78
4.77
0.04
10.62
15.63
10.72
11.3
5.31
2.28
4.17
-8.42
- -
Depreciation Expense
535
391
-118,062
1,928
2,071
2,557
7,021
12,215
10,831
12,972
16,096
18,664
30,948
37,490
Net Income, GAAP
82,050
135,676
481,001
138,515
91,989
183,558
190,279
284,156
232,770
221,997
348,148
367,193
3,553,215
- -
Effective Tax Rate (%)
0.39
1.58
5.65
10.81
29.5
11.47
13.67
6.36
4.62
1.52
2.48
3.45
0.65
- -
Profit Margin (%)
16.44
9.53
13.71
8.78
7.45
15.94
32.23
46.93
45.08
57.62
94.97
64.28
398
- -
Working Capital
299,450
529,842
2,173,008
2,127,815
2,306,598
2,195,957
2,338,280
456,303
511,493
916,416
864,739
926,273
15,902,007
15,755,114
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
390,000
- -
Total Equity
497,166
747,509
2,761,169
3,067,125
3,220,194
3,260,230
3,432,064
3,706,105
3,942,043
4,166,137
4,501,281
4,846,403
16,452,359
16,700,506
Return on Invested Capital (%)
18.91
21.7
20.41
4.06
2.9
5.82
5.74
7.95
5.96
5.19
7.76
7.7
32.52
- -
Return on Capital (%)
18.92
21.86
27.3
4.71
2.92
5.34
5.55
7.9
5.93
5.47
7.86
7.83
32.99
- -
Return on Common Equity (%)
18.92
21.8
27.43
4.76
2.96
5.79
5.82
8.13
6.21
5.58
8.17
7.96
51.56
- -

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
30,000
LT Borrowings
390,000
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
432
432
432
Market Capitalization
5,399,825
6,004,605
4,903,041

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
20,296,779
20,871,463
20,927,463
Cash, Cash Equivalents & STI
3,189,955
2,527,177
1,102,031
Accounts Receivable, Net
307,481
216,046
214,023
Inventories
16,078,611
17,210,032
18,899,660
Total Current Liabilities
4,394,772
4,939,989
5,172,349
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
30,000
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
29.78%
53.45%
239.48%
Free Cash Flow
-124%
82.31%
653.36%
Net Income, GAAP
95.5%
181.45%
867.67%
Sales/Revenue/Turnover
-6.25%
13.43%
56.29%
Total Cash Common Dividend
- -
- -
1,600,060.22%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
126,521
104,464
124,232
216,009
571,225
2025
98,903
186,341
- -
282,725
892,760
2026
244,440
233,812
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
448.15
292.58
112.43
185.49
997.84
2025
183.17
8,122.95
- -
10.44
8,781.34
2026
92.98
58.67
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.03
2025
- -
- -
- -
- -
488.7
2026
- -
- -
- -
- -
- -

Company Description

CEO
Hung The Nguyen
Full Time Employees
178
Sector
Consumer durables
Industry
Motor vehicles
Address
Haiphong Vietnam
IPO Date
Dec 13, 2011
Business
Hoang Huy Investment Services Joint Stock Company is a Vietnam-based company engaged in the distribution of commercial vehicles and the investment, development, and trading of real estate properties. Founded in 2008 and headquartered in Hai Phong, Vietnam, the company operates as a key member of Hoang Huy Group under the majority control and strategic umbrella of its parent entity, Hoang Huy Financial Services Investment Joint Stock Company (TCH). The company operates primarily through two core business segments: Automotive Trading and Real Estate Development. The Automotive segment serves as the exclusive authorized distributor of Dongfeng commercial vehicles in Vietnam, offering a comprehensive lineup of heavy-duty and medium-duty vehicles, including tractor trucks across various engine configurations (KR270, KL385, KL420, KL465, and GX450); multi-axle dump trucks (two-axle, three-axle, and four-axle tipper trucks); long-haul cargo and chassis platform trucks (ranging from two to five axles); heavy-duty concrete mixer trucks; and specialized utility vehicles, including hydraulic truck-mounted cranes, petroleum tankers, water sprinkler trucks, and heavy machinery transporters. Complementing its vehicle sales, the company provides after-sales support, including genuine Dongfeng replacement parts and components, warranty inspection, automotive mechanical overhaul, body repair, and fleet maintenance services. The Real Estate segment develops, constructs, markets, and manages residential, commercial, and mixed-use urban properties. Its real estate portfolio encompasses social housing developments, master-planned urban townships, low-rise shophouses, row houses, luxury villas, mid-to-high-rise residential condominiums, and retail-commercial podiums. Key projects developed or managed across its operating footprint include the Hoang Huy Pruksa Town social housing community in An Dong, the Hoang Huy Commerce luxury apartment and commercial complex, the Hoang Huy Grand Tower mixed-use residential development in Hong Bang, and large-scale master-planned communities such as Hoang Huy New City and Hoang Huy Green River in Thuy Nguyen, Hai Phong. Additionally, the company engages in land development, real estate leasing, property brokerage, and facility management services. Geographically, the company conducts its business across Vietnam, operating a nationwide distribution and service network comprising authorized showrooms, direct sales centers, spare parts warehouses, and certified repair stations in major industrial and commercial hubs, while focusing its real estate investments predominantly in the northern growth corridor centered around Hai Phong and Hanoi. The company caters to a diverse customer base, including logistics operators, civil and industrial construction contractors, transportation fleets, retail commercial vehicle buyers, residential homebuyers, and institutional property investors. In recent developments, the company has accelerated its strategic transition from a vehicle-centric trading business into an integrated, large-scale property developer. In a significant corporate reorganization, Hoang Huy Investment Services JSC expanded its consolidated balance sheet and property pipeline by acquiring a 51.03% controlling equity interest in CRV Real Estate Joint Stock Company, converting CRV into an official subsidiary and integrating its multi-trillion-dong real estate assets. Operationally, the company achieved key construction and delivery milestones, including the completion and phased handover of residential units at Hoang Huy Commerce and the delivery of the initial phase of the Hoang Huy New City urban project in Thuy Nguyen. The company continues to advance the planning and development of major upcoming projects, including Hoang Huy New City Phase II and Hoang Huy Green River, while leveraging sustained commercial vehicle sales driven by national public infrastructure investment to fund its real estate expansion.