Saigon Vi Na Real Estate JSC (HSTC:LSG) Net-Net Working Capital: ₫-11,504.02 (As of Mar. 2026)

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HSTC:LSG Saigon Vi Na Real Estate JSC HSTC:LSG
31 GF Score
Price ₫34,000.00
! 3 Warning Signs
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What is Saigon Vi Na Real Estate JSC Net-Net Working Capital?

Saigon Vi Na Real Estate JSC HSTC:LSG -2.58% 31 Net-Net Working Capital is ₫-11,504.02 as of Mar. 2026. GuruFocus rates HSTC:LSG with a GF Score™ of 31/100. The stock has 3 warning signs investors should review. Among 330 Real Estate companies, Saigon Vi Na Real Estate JSC ranks worse than 303030% on this metric.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Saigon Vi Na Real Estate JSC's Net-Net Working Capital for the quarter that ended in Mar. 2026 was ₫-11,504.02.

The industry rank for Saigon Vi Na Real Estate JSC's Net-Net Working Capital or its related term are showing as below:

HSTC:LSG's Price-to-Net-Net-Working-Capital is not ranked *
in the Real Estate industry.
Industry Median: 4.625
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Saigon Vi Na Real Estate JSC  (HSTC:LSG) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Saigon Vi Na Real Estate JSC Net-Net Working Capital Related Terms


Saigon Vi Na Real Estate JSC Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Saigon Vi Na Real Estate JSC's Net-Net Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Saigon Vi Na Real Estate JSC Net-Net Working Capital Chart

Saigon Vi Na Real Estate JSC Annual Data
Trend Dec24 Dec25
Net-Net Working Capital
-13,763.97 -11,262.65

Saigon Vi Na Real Estate JSC Quarterly Data
Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only -14,102.48 -12,558.95 -11,793.78 -11,262.65 -11,504.02

Saigon Vi Na Real Estate JSC Net-Net Working Capital Competitor Comparison

For the Real Estate - Development subindustry, Saigon Vi Na Real Estate JSC's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Saigon Vi Na Real Estate JSC Price-to-Net-Net-Working-Capital vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Saigon Vi Na Real Estate JSC's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Saigon Vi Na Real Estate JSC's Price-to-Net-Net-Working-Capital falls into.


HSTC:LSG
31GF Score
Saigon Vi Na Real Estate JSC HSTC:LSG
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Saigon Vi Na Real Estate JSC Net-Net Working Capital Calculation

Saigon Vi Na Real Estate JSC's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(48593.317+0.75 * 1728.3+0.5 * 0-1063527.714
-0-0)/90.000
=-11,262.65

Saigon Vi Na Real Estate JSC's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(17162.452+0.75 * 1350.3+0.5 * 472.897-1053773.443
-0-0)/90.000
=-11,504.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.

What does a Net-Net Working Capital of ₫-11,504.02 mean?
Saigon Vi Na Real Estate JSC (HSTC:LSG) has a Net-Net Working Capital of ₫-11,504.02 as of Mar. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Saigon Vi Na Real Estate JSC According to the industry distribution chart, Saigon Vi Na Real Estate JSC ranks #999999 out of 330 companies in the Real Estate industry.
Is Saigon Vi Na Real Estate JSC's Net-Net Working Capital too high?
Saigon Vi Na Real Estate JSC's current Net-Net Working Capital is ₫-11,504.02. Based on the distribution chart, Saigon Vi Na Real Estate JSC ranks #999999 out of 330 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Saigon Vi Na Real Estate JSC has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Saigon Vi Na Real Estate JSC's Net-Net Working Capital compare to competitors?
According to the Real Estate industry distribution chart, Saigon Vi Na Real Estate JSC ranks #999999 out of 330 companies for Net-Net Working Capital. This places Saigon Vi Na Real Estate JSC in the lower half of its industry. The industry median Net-Net Working Capital is 4.63. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Real Estate company?
The median Net-Net Working Capital among Real Estate companies is 4.63, based on 330 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Saigon Vi Na Real Estate JSC For the Real Estate industry, the median Net-Net Working Capital is 4.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saigon Vi Na Real Estate JSC's current Net-Net Working Capital is ₫-11,504.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saigon Vi Na Real Estate JSC stock overvalued right now?
Saigon Vi Na Real Estate JSC (HSTC:LSG) has a current Net-Net Working Capital of ₫-11,504.02. The current Net-Net Working Capital is ₫-11,504.02. Saigon Vi Na Real Estate JSC's overall GF Score™ is 31/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Saigon Vi Na Real Estate JSC (HSTC:LSG), the current Net-Net Working Capital is ₫-11,504.02 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Saigon Vi Na Real Estate JSC Business Description

Address 628-630 Vo Van Kiet Street, Ward 1, Cho Quan Ward, District 5, Ho Chi Minh, VNM
Saigon Vi Na Real Estate JSC is a real estate investment and development company. The company's objective is to develop into a real estate company with Powerful project execution. The company's principal activities includes Real Estate business which is Apartment and high-rise building management services, Real Estate Advertising services, Real Estate Brokerage; Construction Consulting which excluding project design, construction supervision, construction survey. The company's projects includes Dragon Riverside City Project, Linh Trung Apartment project, Bao-Loc Lam Dong project, Phu Hoang Anh project, Ngoc Lan Apartment project.
31GF Score

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