Licogi 13 JSC

Licogi 13 JSC has a debt-to-equity ratio of 3.0, indicating a high reliance on debt financing, which is significantly above the median for the Construction & Engineering industry. The company's liquidity position is weak, with a current ratio of 1.14 and negative free cash flow of -186,906,025,630 VND, suggesting limited ability to meet short-term obligations without external financing. The company's capital structure is heavily leveraged, with long-term debt of 2,965,116,448,680 VND, which is a major portion of its total liabilities. In terms of profitability, Licogi 13 JSC has a return on equity of 2.3%, which is below the industry median, and a return on assets of 0.3%, also below the median for the Construction & Engineering sector. The company's operating margin is 12.0%, calculated from its operating income of 55,779,093,320 VND on revenue of 4,661,809,579,420 VND, which is in line with the industry average. However, its net profit margin of 0.5% is significantly lower than the median for the sector, indicating inefficiencies in cost management or pricing. The company's revenue is concentrated in Vietnam, with no disclosed international operations, and it operates through five subsidiaries, primarily in construction and real estate development. There is no detailed breakdown of revenue by geographic region or business segment in the provided data, but the company's operations are heavily focused on domestic construction projects. Looking at growth, Licogi 13 JSC has a negative free cash flow and capital expenditures of -265,243,657,740 VND, indicating significant investment in infrastructure and operations. The company's revenue of 4,661,809,579,420 VND is a key indicator of its scale, but without historical data, it is difficult to assess year-over-year growth. The outlook for the next fiscal year is not provided, but the company's current financial position suggests a need for careful capital management. The company faces medium liquidity risk and low dilution risk, with no immediate signs of equity dilution. The risk assessment indicates that the company's net cash position is negative after accounting for total debt, which could limit its financial flexibility. The company's reliance on debt financing and negative free cash flow are key risk factors that could impact its ability to sustain operations and fund growth. Recent events and filings do not provide specific details on the company's strategic initiatives or financial performance beyond the financial snapshot. The company's operations in construction and real estate development are subject to regulatory and market risks, particularly in the Vietnamese construction sector. The company's exposure to construction materials and real estate development could be affected by changes in demand and regulatory policies.