HTG—59

Hoa Tho Textile Garment Joint Stock Corp

Apparel & AccessoriesVerified

Score breakdown

Profitability+35Sentiment+30Risk penalty-3Missing signals-3

Quality breakdown

Key fields100Profile38Conclusion96AI synthesis40Observations23

Hoa Tho Textile Garment Joint Stock Corp maintains a debt-to-equity ratio of 1.56, indicating a moderate reliance on debt financing. The company's liquidity position is characterized by a current ratio of 1.18, suggesting limited short-term liquidity cushion. Free cash flow of 106.7 billion VND supports operational flexibility, but net cash is negative after subtracting total debt, signaling potential refinancing needs [doc:HA-latest]. Profitability metrics show a return on equity of 29.64% and a return on assets of 8.47%, both exceeding the median for the Apparel & Accessories industry. The company's operating margin of 7.14% (calculated from operating income of 386.3 billion VND on revenue of 5.412 trillion VND) is robust, reflecting efficient cost management in a competitive sector [doc:HA-latest]. The company's revenue is concentrated in domestic operations, with no disclosed international segments. This geographic concentration exposes the company to Vietnam-specific economic and regulatory risks, including currency fluctuations and labor cost pressures. No material revenue diversification is evident in the latest financial disclosures [doc:HA-latest]. Growth trajectory analysis indicates a stable revenue outlook, with actual revenue of 5.0745 trillion VND closely matching the mean analyst estimate of 5.079 trillion VND. The company's capital expenditure of -24.51 billion VND suggests asset optimization rather than expansion, aligning with a conservative growth strategy. Analysts project a 12-month EPS of 4,732 VND, below the actual 8,475.61 VND, indicating potential earnings pressure [doc:, ]. Risk factors include medium liquidity risk due to the current ratio and negative net cash position. Dilution risk is assessed as low, with no significant share issuance activity in the latest period. The company's debt structure, particularly long-term debt of 1.667 trillion VND, may require careful monitoring for refinancing risks [doc:HA-latest]. Recent filings and transcripts show no material changes in business strategy or operational performance. The company's consistent revenue and strong operating margin suggest stable operations, but the absence of new product or market disclosures limits visibility on long-term growth drivers [doc:HA-latest].

30-day price · HTG+1000.00 (+2.4%)

Low$41600.00High$43000.00Close$42650.00As of4 May, 00:00 UTC

Profile

CompanyHoa Tho Textile Garment Joint Stock Corp

TickerHTG.HM

SectorConsumer Cyclicals

BusinessCyclical Consumer Products

Industry groupCyclical Consumer Products

IndustryApparel & Accessories

AI analysis

Business. Hoa Tho Textile Garment Joint Stock Corp is a Vietnam-based company engaged in the apparel industry, primarily manufacturing men's work clothing and providing contract apparel cutting and sewing services, along with thread production [doc:HA-latest].

Classification. The company is classified under the Consumer Cyclicals economic sector, Cyclical Consumer Products business sector, and Apparel & Accessories industry with a confidence level of 0.92 [doc:verified market data].

Key takeaways

Hoa Tho Textile Garment Joint Stock Corp demonstrates strong profitability with a 29.64% ROE and 8.47% ROA.
The company's debt-to-equity ratio of 1.56 indicates moderate leverage, but liquidity is constrained by a current ratio of 1.18.
Revenue is concentrated in domestic operations, exposing the company to Vietnam-specific risks.
Analysts project stable revenue but lower EPS than recent actuals, suggesting potential earnings pressure.
The company's capital expenditure is negative, indicating asset optimization rather than expansion.
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Financial snapshot

PeriodHA-latest

CurrencyVND

Revenue$5.41T

Gross profit$630.52B

Operating income$386.34B

Net income$316.61B

R&D—

SG&A—

D&A—

SBC—

Operating cash flow$323.14B

CapEx-$245.11B

Free cash flow$106.71B

Total assets$3.74T

Total liabilities$2.67T

Total equity$1.07T

Cash & equivalents$346.63B

Long-term debt$1.67T

Annual history (last 5)

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Quarterly history (last 4)

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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$1.07T

Net cash-$1.32T

Current ratio1.2

Debt/Equity1.6

ROA8.5%

ROE29.6%

Cash conversion1.0%

CapEx/Revenue-4.5%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Apparel & Accessories · cohort 2 companies

MetricHTGActivity

Op margin7.1%6.6% medp25 4.6% · p75 8.7%above median

Net margin5.8%3.7% medp25 2.0% · p75 5.5%top quartile

Gross margin11.7%57.5% medp25 57.5% · p75 57.5%bottom quartile

CapEx / revenue-4.5%1.1% medp25 0.9% · p75 1.4%bottom quartile

Debt / equity156.0%124.3% medp25 86.1% · p75 162.6%above median

Observations

IR observations

Mean price target48,700.00 VND

Median price target48,700.00 VND

High price target48,700.00 VND

Low price target48,700.00 VND

Mean EPS estimate4,732.00 VND

Last actual EPS8,475.61 VND

Mean revenue estimate5,079,000,000,000 VND

Last actual revenue5,074,539,260,000 VND

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

2026-05-05 11:40 UTC#9ed9c337

Source: analysis-pipeline (hybrid)Generated: 2026-05-05 11:41 UTCJob: 965ce14b