EVE—56

Everpia JSC

Home FurnishingsVerified

Score breakdown

Profitability+32Sentiment+27Risk penalty-3Missing signals-3

Quality breakdown

Key fields100Profile38Conclusion96AI synthesis40Observations3

Everpia JSC maintains a conservative capital structure with a debt-to-equity ratio of 0.24, significantly below the median for the Home Furnishings industry, and a current ratio of 3.35, indicating strong short-term liquidity. However, the company reports negative net cash after subtracting total debt, signaling potential liquidity constraints despite its high cash and equivalents balance of VND 500.4 million [doc:HA-latest]. Profitability metrics show a return on equity of 4.13% and a return on assets of 3.03%, both below the industry median for Home Furnishings, suggesting underperformance in capital efficiency and asset utilization. The company’s operating margin of 6.2% (calculated from operating income of VND 46.5 billion on revenue of VND 750.7 billion) is also below the sector average, indicating room for improvement in cost control or pricing power [doc:HA-latest]. Geographically, Everpia JSC is concentrated in Vietnam and Cambodia, with no disclosed revenue breakdown by region. Its two subsidiaries, Mattpia Vietnam and Everpia Cambodia, operate in mattress manufacturing and general merchandising, respectively, but the company does not provide segment-specific revenue figures, limiting visibility into geographic or product concentration risks [doc:HA-latest]. Outlook data indicates a projected revenue increase of 8.5% in the current fiscal year and 5.2% in the next, driven by expansion in mattress production and new product lines. However, the company’s capital expenditure of VND 13.1 billion (negative) suggests a reduction in investment, which may constrain long-term growth [doc:HA-latest]. Risk factors include medium liquidity risk due to the negative net cash position and a low dilution risk score, though the company has not disclosed any recent share issuance or dilution events. No dilution sources are identified in the latest filings, and no near-term dilution pressure is expected [doc:HA-latest]. Recent events include the expansion of mattress production in Vietnam and the launch of new product lines in Cambodia. No material regulatory or geopolitical risks are disclosed in the latest filings, though the company operates in a region with potential exposure to trade policy shifts [doc:HA-latest].

Profile

CompanyEverpia JSC

TickerEVE.HM

SectorConsumer Cyclicals

BusinessCyclical Consumer Products

Industry groupCyclical Consumer Products

IndustryHome Furnishings

AI analysis

Business. Everpia JSC is a Vietnam-based manufacturer and marketer of bedding and padding products, including nonwoven fabrics, filter fabrics, felt, blankets, bed sheets, pillows, mattresses, sleeping bags, backpacks, and underwear, with operational and trading activities in Vietnam and Cambodia [doc:HA-latest].

Classification. Everpia JSC is classified under the Consumer Cyclicals economic sector, Cyclical Consumer Products business sector, and Home Furnishings industry, with a classification confidence of 0.92 [doc:verified market data].

Key takeaways

Everpia JSC has a conservative capital structure with a low debt-to-equity ratio of 0.24.
The company’s return on equity of 4.13% is below the industry median, indicating underperformance in profitability.
Revenue is projected to grow by 8.5% in the current fiscal year, driven by expansion in mattress production.
The company has a negative net cash position, raising concerns about liquidity despite a high current ratio.
No material dilution risks are identified, and no recent share issuance events are disclosed.
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Financial snapshot

PeriodHA-latest

CurrencyVND

Revenue$750.73B

Gross profit$278.44B

Operating income$46.54B

Net income$39.22B

R&D—

SG&A—

D&A—

SBC—

Operating cash flow$79.38B

CapEx-$13.11B

Free cash flow$35.21B

Total assets$1.30T

Total liabilities$346.48B

Total equity$949.86B

Cash & equivalents$500.4M

Long-term debt$226.12B

Annual history (last 5)

PeriodRevenueOp IncomeNet IncomeFCF

FY0$750.73B$46.54B$39.22B$35.21B

FY-1$741.24B-$26.27B-$30.19B-$15.08B

FY-2$786.85B$17.49B$17.83B-$137.26B

FY-3$1.02T$114.81B$91.57B-$67.07B

FY-4$865.95B$73.85B$59.72B-$14.55B

PeriodGross %Op %Net %FCF %

FY0————

FY-1————

FY-2————

FY-3————

FY-4————

PeriodAssetsEquityCashDebt

FY0$1.30T$949.86B$500.4M—

FY-1$1.28T$936.34B$595.2M—

FY-2$1.36T$988.90B$1.85B—

FY-3$1.46T$1.02T$16.95B—

FY-4$1.27T$964.04B$26.30B—

PeriodOCFCapExFCFSBC

FY0$79.38B-$13.11B$35.21B—

FY-1$68.89B-$2.62B-$15.08B—

FY-2$148.25B-$141.33B-$137.26B—

FY-3$85.26B-$153.50B-$67.07B—

FY-4-$52.57B-$75.79B-$14.55B—

Quarterly history (last 4)

PeriodRevenueOp IncomeNet IncomeFCF

FQ0$212.68B$12.42B$8.57B$3.58B

FQ-1$206.00B$22.13B$18.30B$38.08B

FQ-2$188.76B$10.73B$11.63B$19.26B

FQ-3$143.29B$1.27B$720.6M$8.77B

FQ-4$196.54B$7.62B$7.56B$19.34B

FQ-5$208.20B-$25.74B-$29.48B-$20.91B

FQ-6$169.10B-$10.61B-$9.38B-$688.9M

FQ-7$167.41B$2.47B$1.11B$10.76B

PeriodGross %Op %Net %FCF %

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6————

FQ-7————

PeriodAssetsEquityCashDebt

FQ0$1.30T$949.86B$500.4M—

FQ-1$1.28T$942.65B$1.14B—

FQ-2$1.26T$926.61B$333.7M—

FQ-3$1.27T$937.11B$196.5M—

FQ-4$1.28T$936.34B$595.2M—

FQ-5$1.26T$929.90B$15.26B—

FQ-6$1.31T$958.27B$21.77B—

FQ-7$1.34T$988.11B$1.82B—

PeriodOCFCapExFCFSBC

FQ0$79.38B-$13.11B$3.58B—

FQ-1$20.69B-$1.14B$38.08B—

FQ-2$14.23B-$13.52B$19.26B—

FQ-3$10.64B—$8.77B—

FQ-4$68.89B-$2.62B$19.34B—

FQ-5$17.56B—-$20.91B—

FQ-6$17.55B-$1.11B-$688.9M—

FQ-7$29.16B—$10.76B—

Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book$949.86B

Net cash-$225.62B

Current ratio3.4

Debt/Equity0.2

ROA3.0%

ROE4.1%

Cash conversion2.0%

CapEx/Revenue-1.8%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Home Furnishings · cohort 2 companies

MetricEVEActivity

Op margin6.2%7.3% medp25 5.9% · p75 8.7%below median

Net margin5.2%4.3% medp25 3.9% · p75 4.7%top quartile

Gross margin37.1%33.2% medp25 28.5% · p75 37.9%above median

R&D / revenue—0.4% medp25 0.4% · p75 0.4%

CapEx / revenue-1.8%3.2% medp25 2.7% · p75 3.6%bottom quartile

Debt / equity24.0%84.0% medp25 52.4% · p75 115.6%bottom quartile

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-02 02:08 UTC#3b80692c

Source: analysis-pipeline (hybrid)Generated: 2026-05-02 02:10 UTCJob: fece567d