StockNote
THS
Thanh Hoa Song Da Joint Stock Company (MSC), formerly Thanh Hoa Technology and Products Company, was established in the 1970s. In 2003, the company was officially equitized. The company does business in two main areas: trading household goods and office leasing. Thanh Hoa Song Da Joint Stock Company has confirmed its position in Thanh Hoa market. Specifically, the company always holds the leading position, accounting for over 50% of the market of Thanh Hoa province. The company has always been selected as the number one distributor by major partners such as Rang Dong, Song Hong, Hoa Phat Refrigeration. MSC has built an extensive distribution network of over 200 agents. Office for rent in many large companies including Agribank branch in Thanh Hoa, NEM Company branch in Thanh Hoa, Son Anh Co., Ltd. (selling electronic products). MSC owns 4 factories trading in aluminum, ceramics, furniture ... On November 12, 2013, MSC officially traded on Hanoi Stock Exchange (HNX).
THS currently has a market capitalization of roughly VND 25 billion, placing it in the small-cap group on the Vietnamese stock market. Its current P/E of 45x is 132% above its own 8-year average (19,4x), suggesting the stock is trading richer than its historical norm. P/B stands at 0,7x, 17% below its multi-year average of 0,8x. Return on equity (ROE) is at 1,5%. Its debt-to-equity ratio of 3,3x is relatively high, reflecting a leveraged capital structure. In 2025, revenue grew 31% year-on-year while after-tax profit fell 53%.
This note is generated automatically from the stock's real financial data, for reference only — not investment advice.
Revenue & Profit
Unit: VND billion. Growth (%) vs. previous period.
Market Cap
Unit: VND billion. Year-end values; current year uses latest session.
Debt / Equity
Unit: x. Financial debt over shareholders' equity.
Data aggregated from cafef.vn and VNDirect, for reference only, not investment advice.