Macstar Group Corp
Macstar Group Corp operates in the Marine Freight & Logistics industry, providing transportation services and generating revenue primarily through freight and logistics operations.
Business. Macstar Group Corp (MAC.HN) is an industrial company operating in the marine freight and logistics sector. The firm provides transportation services, with its business performance typically evaluated through industry metrics such as fleet utilization and time-charter equivalent rates. Specific details regarding operating segments, headquarters location, and primary stock exchange listings are not available in the provided data.
At a glance
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- 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
Macstar Group Corp (MAC.HN) is an industrial company operating in the marine freight and logistics sector. The firm provides transportation services, with its business performance typically evaluated through industry metrics such as fleet utilization and time-charter equivalent rates. Specific details regarding operating segments, headquarters location, and primary stock exchange listings are not available in the provided data.
Macstar Group Corp maintains a strong liquidity position, with a current ratio of 11.19, indicating a high ability to meet short-term obligations. The company has no long-term debt and holds significant cash and equivalents of VND 29,000,100,000. This liquidity is further supported by a positive operating cash flow of VND 31,118,583,170.
In terms of profitability, the company's return on equity (ROE) is 2.82%, and its return on assets (ROA) is 2.63%. These figures are below the typical thresholds for high-performing companies in the Marine Freight & Logistics industry, suggesting that the company is generating moderate returns relative to its equity and asset base.
The company's revenue is concentrated in a single business segment, as disclosed in its financials, with no geographic diversification provided in the available data. This lack of segment and geographic diversification could expose the company to higher operational and market risks.
Looking at the growth trajectory, the company has shown a net income of VND 5,409,470,120 and an operating income of VND 6,540,856,070. While these figures indicate a profitable operation, the absence of specific growth projections or historical revenue trends makes it difficult to assess the company's future performance.
The risk assessment indicates a low liquidity risk and a low dilution risk, with no immediate filing-based liquidity or dilution flags detected. The company's capital structure is robust, with no long-term debt and a high equity base, reducing the likelihood of financial distress.
Recent events, as reflected in the latest financial filing, show a strong operating cash flow and a positive net income. However, there are no specific recent events or filings mentioned that would indicate significant changes in the company's operations or strategic direction.
- Macstar Group Corp has a strong liquidity position with a current ratio of 11.19 and no long-term debt.
- The company's ROE and ROA are moderate, indicating room for improvement in profitability.
- The company's revenue is concentrated in a single segment, which may increase operational risk.
- There are no immediate liquidity or dilution risks, and the company's financial structure is robust.
- "margin_outlook_rationale": "The company's gross profit is negative, indicating potential cost management issues that could affect future margins.",
Bull / Bear case
Generated · model-assistedRevenue surged 103.7% year-over-year to 253.6 billion VND, demonstrating exceptional top-line growth momentum.
Cash conversion score of 5.75 is best-in-class, far surpassing the cohort median of 1.65.
Dilution, liquidity, and credit risks are all assessed at low levels, indicating a stable risk profile.
Debt-to-equity ratio of 2.07 places the company in the high leverage band as of late 2025.
Net income growth of only 8.7% year-over-year significantly trails the 103.7% revenue expansion rate.
In focus — financials by report
Revenue VND 76.24B, −7,0% YoY; Operating income +346,5% YoY.
- ▍Revenue VND 76.24B, −7,0% YoY
- ▍Operating income +346,5% YoY
- ▍Net income +371,0% YoY
- ▍Free cash flow +84,1% YoY
- ▍Net margin 55.5%
Valuation FY
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 · Phantom Stock Units → Common StockAcquired 784grant · 2026-06-30
- Director · Phantom Stock Units → Common StockAcquired 33grant · 2026-06-30
- Senior EVP, Head of Leasing · LTIP Units → Common StockAcquired 41 411grant · 2026-02-16
- Senior EVP, Head of Leasing · LTIP Units → Common StockAcquired 51 585grant · 2026-02-16
- Chief Legal Officer/Secretary · LTIP Units → Common StockAcquired 51 585grant · 2026-02-16
- Chief Legal Officer/Secretary · LTIP Units → Common StockAcquired 41 411grant · 2026-02-16
- SEVP, Chief Financial Officer · LTIP Units → Common StockAcquired 41 411grant · 2026-02-16
- Chief Accounting Officer · LTIP Units → Common StockAcquired 11 043grant · 2026-02-16
- Director · Phantom Stock Units → Common StockAcquired 3 860grant · 2026-01-01
- Director · Phantom Stock Units → Common StockAcquired 6 230grant · 2026-01-01
Physical assets
1 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| Kings Plaza Total Energy Plant (TEP) | Power | Power | US | Registered owner |
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
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- 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
- Macstar Group Corp Market data — financials · 2026-05-28
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,09 %$0M
- Institutional Investor · as of 2026-03-310,02 %$454M
- Institutional Investor · as of 2026-03-310,02 %$40M
- Investment Managers · as of 2026-03-310,02 %$96M
- Investment Managers · as of 2026-03-310,02 %$51M
- Investment Managers · as of 2026-03-310,02 %$73M
- Investment Managers · as of 2026-03-310,02 %$99M
- Investment Managers · as of 2024-06-300,01 %$616M
- Investment Managers · as of 2026-03-310,01 %$24M
- Institutional Investor · as of 2026-03-310,01 %$53M
- Investment Managers · as of 2026-03-310,01 %$84M
- Investment Managers · as of 2025-12-310,01 %$712M
- Investment Managers · as of 2026-03-310,01 %$279M
- Investment Managers · as of 2026-03-310,01 %$66M
- Investment Managers · as of 2026-03-310,01 %$130M
- Institutional Investor · as of 2026-03-310,01 %$41M
- Investment Managers · as of 2026-03-310,01 %$34M
- Investment Managers · as of 2024-12-310,00 %$17M
- Investment Managers · as of 2026-03-310,00 %$49M
- Investment Managers · as of 2026-03-310,00 %$8M
- Investment Managers · as of 2026-03-310,00 %$9M
- Investment Managers · as of 2026-03-310,00 %$3M
- Funds · as of 2026-03-310,00 %$11M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$5M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
Insider activity
- Director · Common StockOther 6 720 · 2026-06-01
- Director · Common StockOther 6 720 · 2026-06-01
- Director · Common StockOther 6 720 · 2026-06-01
- Director · Common StockOther 6 720 · 2026-06-01
- Director · Common StockOther 6 720 · 2026-06-01
- Director · Common StockOther 6 720 · 2026-06-01
- Director · Common StockOther 9 520 · 2026-06-01
- Director · Common StockSold 6 000 @ $17,13$103K · 2025-09-24
- Chief Accounting Officer · Common StockSold 9 500 @ $17,16$163K · 2025-08-15
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Return on equity (FY 2025-12-31): -8.0%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 2.0%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): -2.3%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -11.2%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): 10.4%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): 13.5%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): -1.1%Derived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): 3.6%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 11.4%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 11.4%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 211.9%Derived (calculated)
- Debt-to-equity (FY 2025-12-31): 2.39xDerived (calculated)
- Return on assets (FY 2025-12-31): -2.4%Derived (calculated)
- Net margin (FY 2025-12-31): -19.4%Derived (calculated)
- Shareholders' equity (annual): USD 2.45BSEC XBRL filing
- Revenue (annual): USD 1.01BSEC XBRL filing
- EPS (basic) (annual): USD-PER-SHARES -1SEC XBRL filing
- Operating cash flow (annual): USD 321.6MSEC XBRL filing
- Shares outstanding (annual): 256.99MSEC XBRL filing
- Total liabilities (annual): USD 5.84BSEC XBRL filing
- EPS (diluted) (annual): USD-PER-SHARES -1SEC XBRL filing
- Total assets (annual): USD 8.37BSEC XBRL filing
- Cash & equivalents (annual): USD 280.25MSEC XBRL filing
- Long-term debt (annual): USD 5.07BSEC XBRL filing