CAMAU TRADING JOINT STOCK COMPANY

CAMAU TRADING JOINT STOCK COMPANY
(CÔNG TY CỔ PHẦN THƯƠNG NGHIỆP CÀ MAU, also known as CAMEX) is a public company listed on the Ho Chi Minh Stock Exchange (HOSE) under the stock symbol CMV. Established in December 2007 and headquartered at No. 70-72, Đề Thám Street, Ward 2, Cà Mau City, the company has more than 17 years of operational history in the retail and general trading industry. It operates under Business ID and Tax Code 2000110221.

The company engages in a wide range of trading activities including consumer goods, petroleum fuels, electronic products, construction materials, textiles, and food items. It also provides services in construction, agricultural product trading, and freight water transport. Its business model reflects diversification rather than specialization, which may create both opportunities and managerial challenges.

As of the end of 2023, CAMEX reported total revenue of USD 175.04 million, which represents a 5.83% declinecompared to 2022. Net profit also dropped significantly by 38.27% to USD 608,058, despite a moderate increase of 8.65% in total assets, reaching USD 21.81 million. Owner’s equity slightly declined by 2.25% to USD 10.06 million, and the company maintained a positive working capital of USD 5.4 million.

The company’s deteriorating profit margins raise concerns, especially when sales contraction is paired with shrinking equity and declining earnings over two consecutive years. From a financial risk standpoint, CAMEX is still solvent and operational, but the trend suggests increasing cost pressures or inefficiencies that need to be addressed to maintain shareholder value.

The majority shareholder is LONG HUNG TRADING AND SERVICE CO., LTD, which holds 51% ownership. Another significant shareholder is PETROVIETNAM OIL CORPORATION with a 16.17% stake. The rest (32.83%) is distributed among other shareholders. Leadership is headed by Mr. Nguyễn Tuấn Quỳnh (Chairman) and Mr. Nguyễn Hữu Long (General Director).

From the perspective of VANGUARD BUSINESS INFORMATION LLC (VBI), any future engagement with CAMAU TRADING JOINT STOCK COMPANY should involve standard Business Verification Services, with an emphasis on Private Financial Data analysis and ongoing Credit Risk Monitoring. The drop in profitability combined with a stagnant capital base indicates moderate operational risk. For sensitive engagements or high-value supply contracts, VBI also recommends obtaining a Vietnam Litigation Report to assess any legal history or pending obligations.

In summary, CAMEX continues to operate in a stable but low-growth trajectory, with decreasing profitability and flat equity performance. Its diversified business model may help weather short-term volatility, but the company currently shows no clear financial momentum, and caution is advised for any credit-based or long-term commercial engagements.