External broker reports(aggregated public sources), Rong Viet Securities

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External broker reports(aggregated public sources)

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Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

Hang Xanh Motors Service Jsc / Equity Bottom-Up

<ul><li>Q4 2021 sales reached the peak producing a negative growth rate for Q4 2022 sales.</li><li>We suppose that a lack of inventory is another main reason for lower sales in Q4 2022.</li><li>HAX's inventories went down continuously during the quarters since Q3 2021 and remained at the low level during the first three quarters of 2022.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Q4 2021 sales reached the peak producing a negative growth rate for Q4 2022 sales.We suppose that a lack of inventory is another main reason for lower sales in Q4 2022.HAX's inventories went down continuously during the quarters since Q3 2021 and remained at the low level during the first three quarters of 2022.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

HAX ­- On the way to strengthen its market share

Hang Xanh Motors Service Jsc

HAX ­- On the way to strengthen its market share

HAX - On the way to strengthen its market share