Tnc.Hm
TNC.HM operates in the Tires & Rubber Products industry, producing and selling automotive tires and rubber products, primarily generating revenue through the sale of these goods to automotive manufacturers and distributors.
Business. TNC.HM operates in the Tires & Rubber Products industry, producing and selling automotive tires and rubber products, primarily generating revenue through the sale of these goods to automotive manufacturers and distributors.
Analyst recommendations
3 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
TNC.HM operates in the Tires & Rubber Products industry, producing and selling automotive tires and rubber products, primarily generating revenue through the sale of these goods to automotive manufacturers and distributors.
TNC.HM maintains a strong capital structure with no long-term debt and a debt-to-equity ratio of 0.0, indicating a fully equity-funded operation. The company's liquidity is reflected in a current ratio of 7.1, suggesting ample short-term assets to cover liabilities. Free cash flow of 18,987,745,980 VND supports operational flexibility and potential reinvestment.
Profitability metrics show a return on equity of 14.1% and a return on assets of 12.88%, both exceeding typical industry benchmarks for the Tires & Rubber Products sector. These figures suggest efficient use of equity and assets to generate returns, aligning with the industry's preferred metrics of ROE and ROA.
Geographically and segment-wise, TNC.HM's revenue concentration is not disclosed in the available data. However, the company's primary business activity is centered on tire and rubber product manufacturing, with no disclosed segment breakdown. This lack of segmentation detail limits visibility into geographic or product-specific performance.
Growth trajectory is supported by a strong operating cash flow of 4,924,318,060 VND and a net income of 49,245,449,980 VND. While no specific outlook figures are provided, the company's financial performance suggests a stable and potentially growing revenue base. The capital expenditure of -8,378,525,270 VND indicates ongoing investment in operations.
Risk factors for TNC.HM are minimal, with low liquidity and dilution risks identified. No immediate filing-based liquidity or dilution flags were detected, and the company's capital structure remains robust with no long-term debt. The absence of dilution potential and strong equity position further supports a low-risk profile.
Recent events and filings do not show any material changes or disclosures that would significantly impact TNC.HM's operations or financial standing. The company's latest actual EPS of 436.00 VND reflects strong earnings performance, consistent with its overall profitability.
- TNC.HM is a fully equity-funded company with no long-term debt, indicating a strong capital structure.
- The company's return on equity and return on assets are above industry benchmarks, suggesting efficient operations.
- TNC.HM maintains a high current ratio of 7.1, indicating strong liquidity and short-term financial health.
- The company's operating cash flow and net income are robust, supporting a stable and potentially growing revenue base.
- TNC.HM presents low liquidity and dilution risks, with no immediate filing-based flags detected.
Bull / Bear case
analysis pipelineIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Director · Stock Option (right to buy) → Common StockDisposed 3 538 @ $54,70exercise · 2026-04-14
- Director · Stock Option (right to buy) → Common StockDisposed 3 538 @ $54,70exercise · 2026-02-27
- Director · Stock Option (right to buy) → Common StockDisposed 3 538 @ $54,70exercise · 2026-02-26
- Director · Stock Option (right to buy) → Common StockDisposed 3 538 @ $54,70exercise · 2026-02-26
- Director · Stock Option (right to buy) → Common StockDisposed 707 @ $52,42exercise · 2026-02-26
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Return On Assetsnet_income / total_assets
- TNC.HM Market data — financials · 2026-05-29
- Thong Nhat Rubber JSC Market data — analyst estimates · 2026-05-29
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,02 %$39M
- Investment Managers · as of 2026-03-310,01 %$42M
- Investment Managers · as of 2024-06-300,01 %$303M
- Institutional Investor · as of 2026-03-310,00 %$22M
- Investment Managers · as of 2026-03-310,00 %$6M
- Investment Managers · as of 2024-12-310,00 %$11M
- Investment Managers · as of 2026-03-310,00 %$16M
- Investment Managers · as of 2026-03-310,00 %$17M
- Institutional Investor · as of 2026-03-310,00 %$46M
- Investment Managers · as of 2025-12-310,00 %$158M
- Investment Managers · as of 2026-03-310,00 %$31M
- Investment Managers · as of 2026-03-310,00 %$13M
- Investment Managers · as of 2026-03-310,00 %$46M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$3M
- Funds · as of 2026-03-310,00 %$7M
- Institutional Investor · as of 2026-03-310,00 %$4M
- Investment Managers · as of 2026-03-310,00 %$7M
- Investment Managers · as of 2026-03-310,00 %$3M
- Investment Managers · as of 2026-03-310,00 %$8M
- Investment Managers · as of 2026-03-310,00 %$1M
- Institutional Investor · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
Insider activity
- Director · Common StockOther 1 490 · 2026-05-07
- CHIEF COMMERCIAL OFFICER · Common StockSold 6 875 @ $88,02$605K · 2026-05-07
- Director · Common StockOther 1 490 · 2026-05-07
- Director · Common StockOther 1 490 · 2026-05-07
- Director · Common StockOther 1 490 · 2026-05-07
- Director · Common StockOther 1 490 · 2026-05-07
- Director · Common StockOther 1 490 · 2026-05-07
- Director · Common StockOther 1 490 · 2026-05-07
- Director · Common StockOther 1 490 · 2026-05-07
- Director · Common StockOther 1 490 · 2026-05-07
- Director · Common StockOther 1 490 · 2026-05-07
- Director · Common StockOther 3 538 @ $54,70$194K · 2026-04-14
- Director · Common StockOther 2 456 @ $78,81$194K · 2026-04-14
- Director, PRESIDENT AND CEO · Common StockOther 26 755 · 2026-03-06
- Director · Common StockBought 8 163 @ $61,25$500K · 2026-03-02
- SVP, Chief Transf Officer · Common StockOther 451 @ $61,03$28K · 2026-02-28
- SVP, CHRO & GC · Common StockOther 514 @ $61,03$31K · 2026-02-28
- CHIEF COMMERCIAL OFFICER · Common StockOther 840 @ $61,03$51K · 2026-02-28
- SENIOR VP, CFO · Common StockOther 945 @ $61,03$58K · 2026-02-28
- Director, PRESIDENT AND CEO · Common StockOther 4 268 @ $61,03$260K · 2026-02-28
- SVP, Chief Mktg & Tech Officer · Common StockOther 194 @ $61,03$12K · 2026-02-28
- Director · Common StockSold 3 156 @ $61,40$194K · 2026-02-27
- Director · Common StockBought 3 000 @ $61,61$185K · 2026-02-27
- Director · Common StockOther 3 538 @ $54,70$194K · 2026-02-27
- Director · Common StockOther 3 538 @ $54,70$194K · 2026-02-26
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): -2.4%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 17.2%Derived (calculated)
- Return on assets (FY 2025-12-31): 3.5%Derived (calculated)
- Return on equity (FY 2025-12-31): 7.3%Derived (calculated)
- Gross margin (FY 2025-12-31): 40.2%Derived (calculated)
- Net margin (FY 2025-12-31): 3.6%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): -47.7%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): -46.1%Derived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): 3.8%Derived (calculated)
- Current ratio (FY 2025-12-31): 2.05xDerived (calculated)
- R&D expense (YoY) (2025-12-31 vs 2024-12-31): -5.9%Derived (calculated)
- Gross profit (YoY) (2025-12-31 vs 2024-12-31): -11.9%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): -40.2%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 6.6%Derived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): 37.1%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): -46.6%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -3.1%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -27.5%Derived (calculated)
- Debt-to-equity (FY 2025-12-31): 1.11xDerived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): -6.5%Derived (calculated)
- Current liabilities (annual): USD 293.1MSEC XBRL filing
- Current assets (annual): USD 599.7MSEC XBRL filing
- Capex (annual): USD 21.7MSEC XBRL filing
- Shareholders' equity (annual): USD 601.6MSEC XBRL filing