Century 21 JSC

Capital Structure and Liquidity Century 21 JSC maintains a strong liquidity position with a current ratio of 2.59, indicating the company has more than double the current assets to cover its current liabilities [doc:HA-latest]. The company's cash and equivalents amount to VND 23,559,643,470, and its free cash flow is VND 20,502,857,160, suggesting robust cash generation [doc:HA-latest]. The debt-to-equity ratio is 0.0, indicating no long-term debt obligations, which is a significant advantage in terms of financial flexibility [doc:HA-latest]. ### Profitability and Returns The company's return on equity (ROE) is 1.45%, and its return on assets (ROA) is 1.31%, both of which are below the typical thresholds for high-performing real estate firms [doc:HA-latest]. The net income of VND 12,811,965,070 and operating income of VND 18,848,169,460 suggest a profitable operation, but the returns are modest relative to the company's asset base [doc:HA-latest]. The gross profit margin is 62.3%, which is relatively high for the real estate development industry [doc:HA-latest]. ### Segments and Geographic Exposure Century 21 JSC's primary revenue source is residential property development, with additional income from office leasing, spa resorts, and travel tours [doc:HA-latest]. The company's geographic exposure is concentrated in Vietnam, with no disclosed international operations [doc:HA-latest]. The lack of international diversification may expose the company to local economic and regulatory risks [doc:HA-latest]. ### Growth Trajectory The company's revenue for the latest period is VND 81,089,484,160, and while there are no specific growth projections provided, the company's strong cash flow and low debt position suggest potential for expansion [doc:HA-latest]. The capital expenditure is minimal at VND -80,000, indicating limited investment in new projects or infrastructure [doc:HA-latest]. ### Risk Factors The risk assessment indicates low liquidity and dilution risks, with no immediate filing-based flags detected [doc:HA-latest]. The company's lack of long-term debt and strong cash reserves mitigate financial risk [doc:HA-latest]. However, the company's reliance on the Vietnamese real estate market may expose it to local economic fluctuations [doc:HA-latest]. ### Recent Events There are no specific recent events or filings mentioned in the provided data that would significantly impact the company's operations or financial position [doc:HA-latest].