Ha Noi - Thanh Hoa Beer JSC (HNX:THB)

HNX:THB Ratios and Metrics

Market cap in millions VND. Fiscal year is January - December.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 6, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	105,106	105,106	131,383	125,670	143,950	174,796
Market Cap Growth	-36.55%	-20.00%	4.54%	-12.70%	-17.65%	62.77%
Enterprise Value	73,035	33,222	35,560	29,848	18,521	81,512
Last Close Price	9200.00	9200.00	11203.61	10395.92	11258.52	13265.99
PE Ratio	31.62	24.54	50.89	31.43	14.33	31.19
PS Ratio	0.06	0.06	0.08	0.08	0.09	0.14
PB Ratio	0.71	0.71	0.89	0.84	0.94	1.17
P/TBV Ratio	0.73	0.73	0.92	0.87	0.96	1.20
P/FCF Ratio	-	-	8.66	8.44	-	5.55
P/OCF Ratio	-	-	6.84	5.39	-	5.23
EV/Sales Ratio	0.04	0.02	0.02	0.02	0.01	0.06
EV/EBITDA Ratio	-	-	-	-	-	2.79
EV/EBIT Ratio	-	-	-	-	-	9.07
EV/FCF Ratio	-1.39	-	2.35	2.00	-	2.59
Debt / Equity Ratio	0.03	0.03	-	-	-	-
Net Debt / Equity Ratio	-0.22	-0.22	-0.56	-0.47	-0.39	-0.73
Net Debt / EBITDA Ratio	0.51	0.51	1.63	1.61	1.64	-3.75
Net Debt / FCF Ratio	0.61	0.61	-5.45	-4.67	1.18	-3.49
Asset Turnover	5.81	5.81	5.44	4.76	5.18	4.25
Inventory Turnover	24.49	24.49	24.03	24.28	29.34	23.90
Quick Ratio	1.23	1.23	1.24	1.17	1.12	1.27
Current Ratio	1.73	1.73	1.81	1.58	1.63	1.63
Return on Equity (ROE)	2.90%	2.90%	2.57%	3.34%	6.63%	3.78%
Return on Assets (ROA)	-15.32%	-15.32%	-12.71%	-10.77%	-10.28%	1.84%
Return on Invested Capital (ROIC)	-43.62%	-54.42%	-54.04%	-49.08%	-55.63%	11.14%
Return on Capital Employed (ROCE)	-43.70%	-43.70%	-38.60%	-33.90%	-30.70%	5.60%
Earnings Yield	4.07%	4.08%	2.90%	4.02%	6.98%	3.21%
FCF Yield	-50.00%	-49.99%	11.54%	11.86%	-34.99%	18.01%
Dividend Yield	2.72%	-	2.23%	-	5.33%	-
Payout Ratio	-	-	103.46%	136.53%	45.98%	55.62%
Buyback Yield / Dilution	-28.82%	-28.82%	-	-	-	-
Total Shareholder Return	-26.10%	-28.82%	2.23%	-	5.33%	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.