HLA

Cyclicals

Công ty Cổ phần Hữu Liên Á Châu

Tài nguyên Cơ bản/Kim loạiCT

400

VND · Last close

No valuation yet

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Earnings Quality

Fiscal year 2020

Poor

Accrual QualityLow accruals vs reported earnings

Cash ConversionOperating cash flow vs net income

ReceivablesDSO trend vs revenue growth

Margin StabilityConsistency of profit margins

Revenue QualityConsistency of revenue growth

Financial Forensics

Beneish M-Score · 2017

-10.21

Low Risk

DSRI

0.744

GMI

-4.205

AQI

1.419

SGI

0.512

DEPI

0.000

SGAI

1.014

TATA

-0.892

LVGI

1.564

HLA exhibits significant red flags indicating potential earnings manipulation, with a Beneish M-Score of -10.2073, well below the manipulation threshold of -1.78. The low Earnings Quality Score of 13.5/100 further highlights concerns regarding the company's financial health and reporting integrity.

Red Flags

Beneish M-Score of -10.2073 indicates strong likelihood of earnings manipulation.
Earnings Quality Score of 13.5/100 suggests severe issues with earnings quality, particularly in accruals (0.0/100) and receivables (0.0/100).

Positive Signals

SGI of 0.5118 indicates a potential for revenue growth relative to the previous period, which could signal positive operational performance.

Ownership Risk

The ownership structure is somewhat concentrated, with the largest shareholder holding 14.2%. This could lead to governance risks, particularly if the interests of major shareholders do not align with minority shareholders.

Recommendation

Investors should exercise caution and conduct further due diligence before considering an investment in HLA, focusing on verifying the integrity of financial reporting and assessing the company's operational performance.

Generated by AI based on quantitative data. Not financial advice.

Quantitative Scores

F-Score

2/9

Weak

Sharpe

-0.87

Negative

Price Risk

Momentum

-42.9%

Volatility

0.0%

Max Drawdown

-42.9%

Key Ratios

Fiscal year 2020

-0.48P/E

P/B0.00

P/S9.46

ROE8.7%

ROA-57.9%

EPS-3928.37

BVPS0.00

Gross Margin-12.5%

Net Margin-1956.4%

D/E-1.14

Current Ratio0.03

Rev Growth-31.0%

Profit Growth-11.1%

EV/EBITDA-78.27

Div Yield0.0%

Company Overview

Issued Shares

—

Charter Capital

—

Sector (ICB L2)

Tài nguyên Cơ bản

Industry (ICB L3)

Kim loại

Sub-industry

Thép và sản phẩm thép

Company Type

// OWNERSHIP_NETWORK

> mapping common ownership for HLA — hover nodes for intel, click to navigate

Shareholders

Công ty TNHH Đầu tư Xảo Cơ Lang Phương

Inst

14.2%

4.9 trieu

Trần Xảo Cơ

Indiv

10.1%

3.5 trieu

Trần Tuấn Nghiệp

Indiv

5.2%

1.8 trieu

Công ty Cổ phần Chứng khoán Bảo Việt

Inst

4.4%

1.5 trieu

Trần Tuấn Minh

Indiv

3.1%

1.1 trieu

Ngân hàng Thương mại Cổ phần Sài Gòn Thương Tín

Inst

2.9%

1.0 trieu

Công ty Cổ phần Chứng khoán SBS

Inst

2.9%

1.0 trieu

Bùi Quang Hiệp

Indiv

0.5%

185.000

Khưu Kim Hòa

Indiv

0.5%

155.600

Phan Văn Dũng

Indiv

0.3%

108.780

Công ty Cổ phần Đầu tư Hữu Liên

Inst

0.2%

54.410

Board & Management

Trần Xảo Cơ10.1%

Chủ tịch Hội đồng Quản trị

Trần Tuấn Nghiệp5.2%

Phó Chủ tịch Hội đồng Quản trị/Tổng Giám đốc

TRẦN TUẤN MINH3.1%

Giám đốc Kỹ thuật

Bùi Quang Hiệp0.5%

Giám đốc Kinh doanh/Thành viên Hội đồng Quản trị

Khưu Kim Hòa0.5%

Trưởng Ban kiểm soát

Nguyễn Thị Thanh Loan

Kế toán trưởng/Giám đốc Tài chính

Nguyễn Thị Hoàng Vân

Thành viên Ban kiểm soát

Lê Anh Hải

Thành viên Ban kiểm soát

Lê Thị Hương Giang

Thành viên Hội đồng Quản trị

Top connections

DCV51.0%SBS16.0%GPC14.4%LG911.0%NAS10.7%CAT10.0%CK810.0%MHL7.9%SPM7.6%VNR6.6%JOS6.4%PVO5.6%