SD8

Checks measured on Vietnamese companies · FY2013

Receivables outside the trade cyclePrepayments to suppliers, loans and other long-term receivables / total assets

0.5%32nd pctile

Accumulated losses / paid-in capitalUndistributed earnings below zero

2.12×Statutory test met

Consecutive years of net lossProfit after tax of the parent

1

Owner's equityWithout the non-controlling interest

NegativeStatutory test met

Percentiles rank each fiscal year against Vietnamese non-financial companies (0 lowest, 100 highest). Over FY2015-2024, low cash conversion and a large share of receivables outside the trade cycle came before more listing trouble and more net losses the next year.

Statutory loss tests (Decree 155/2020/NĐ-CP, Art. 120(1)(e), amended by Decree 245/2025/NĐ-CP): a HOSE or HNX listing is cancelled when the audited annual statements show net losses in each of the latest 3 years, accumulated losses above the paid-in charter capital, or negative owner's equity. Read here from the annual statements as the data vendor publishes them. The company trades on UPCoM, where these tests do not apply.