Can Tho Import Export Seafood JSC

Can Tho Import Export Seafood JSC maintains a debt-to-equity ratio of 1.63, indicating a moderate reliance on debt financing. The company's liquidity position is assessed as medium, with a current ratio of 1.25, suggesting it can cover its short-term obligations but with limited buffer. Despite a negative operating cash flow of -15,457.57 million VND, the company generates positive free cash flow of 7,602.41 million VND, which supports operational flexibility.

The company's profitability is modest, with a return on equity (ROE) of 1.91% and a return on assets (ROA) of 0.49%. These figures are below the typical thresholds for high-performing food processing firms, indicating that the company is not efficiently converting its equity or asset base into profit. Gross profit of 41,673.57 million VND represents 12.93% of total revenue, which is in line with industry norms but leaves room for improvement in cost control.

The company's revenue is concentrated in a single business segment, seafood processing and export, with no disclosed geographic diversification. This concentration increases vulnerability to regional economic shifts or supply chain disruptions. The company's exposure to the Vietnamese market and its dependence on seafood exports make it sensitive to global demand fluctuations and trade policy changes.

The company's growth trajectory is constrained by its current financial performance. With a net income of 4,759.36 million VND and a revenue of 322,412.22 million VND, the company is not showing significant top-line or bottom-line expansion. The absence of disclosed revenue growth rates or future projections suggests a lack of clear growth drivers. The company's capital expenditure of -2,367.34 million VND indicates a reduction in investment, which may signal a conservative approach to expansion.

The company's risk profile is characterized by a medium liquidity risk and a low dilution risk. The negative net cash position after subtracting total debt raises concerns about short-term liquidity, but the low dilution risk suggests that the company is not likely to issue additional shares in the near term. The absence of recent filings or transcripts indicates a lack of newsworthy events or strategic announcements.

The company has not disclosed any recent events such as earnings calls, regulatory filings, or strategic announcements. This lack of recent activity may indicate a stable but uneventful operational environment. The absence of new information makes it difficult to assess the company's response to market changes or its strategic direction.

Net income surged 364.9% year-over-year to 43.5 billion VND, demonstrating significant profitability recovery.

Free cash flow improved dramatically by 220.7% to 18.9 billion VND, indicating stronger operational cash generation.

Revenue grew 13.8% year-over-year to 147.7 billion VND, showing consistent top-line expansion momentum.

Long-term debt decreased to 262.7 billion VND, reflecting a deliberate deleveraging strategy over recent periods.

The company achieved a 4-year revenue CAGR of 11.8%, suggesting sustained long-term growth trajectory.

Operating margin of 1.6% ranks in the bottom quartile of the Food Processing cohort, indicating weak pricing power.

Debt-to-equity ratio of 1.63 is significantly higher than the cohort median of 0.32, signaling high financial leverage.

The company faces high credit risk, posing potential challenges for future borrowing and financial stability.

Return on equity of 1.9% is well below the cohort median of 5.0%, showing inefficient capital utilization.

Cash conversion metric of -3.25 is in the bottom quartile, highlighting poor cash flow generation relative to peers.