---
title: "越南制造加工出口(控股)有限公司 (00422.HK)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/00422.HK.md"
symbol: "00422.HK"
name: "越南制造加工出口(控股)有限公司"
industry: "摩托车制造商"
---

# 越南制造加工出口(控股)有限公司 (00422.HK)

| Item | Detail |
|------|--------|
| Industry | 摩托车制造商 |
| Location | 港股市场 |
| Website | [www.vmeph.com](https://www.vmeph.com) |

## Company Profile

越南制造加工出口 (控股) 有限公司是一家主要从事制造及销售机车业务的投资控股公司。该公司通过两个分部运营。制造及销售机车分部主要从事在越南市场生产制造机车。制造及销售备用零件及引擎分部主要从事生产机车引擎用作其本身机车产销以及销售至第三方厂商。另外，该分部还生产与机车有关的备用零件并提供机车维修服务。该公司产品销售至马来西亚、菲律宾、泰国、希腊、杜拜及中国台湾等地区。

## Financial Score

> *Longbridge Financial Score™ — Proprietary multi-factor rating model by [Longbridge](https://longbridge.com). This score is independently calculated by Longbridge and is not affiliated with any third-party rating agency.*
> Updated: 2026-02-21T04:30:13.000Z

**Overall: C (0.53)**

**Industry**: Motorcycle Manufacturers

| Metric | Value |
|--------|-------|
| Industry Ranking | 3 / 3 |
| Industry Median | B |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

### Score Analysis

**Style Score**: 

#### Growth Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 12.28% |  |
| Net Profit YoY | 10.57% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 0.78 |  |
| Dividend Ratio | 0.00% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 258.69M |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 675.42M |  |


**Multi Score**: C

#### Profit Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -7.39% | D |
| Profit Margin | -3.87% | D |
| Gross Margin | 6.22% | E |

#### Growth Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 12.28% | B |
| Net Profit YoY | 10.57% | C |
| Total Assets YoY | 4.46% | C |
| Net Assets YoY | -12.10% | E |

#### Cash Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | -2586.82% | E |
| OCF YoY | 12.28% | B |

#### Operating Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.83 | B |

#### Debt Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 60.29% | D |


```chart-data:radar
{
  "title": "Longbridge Financial Score - 越南制造加工出口(控股)有限公司",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "D",
      "indicators": [
        {
          "name": "ROE",
          "value": "-7.39%",
          "rating": "D"
        },
        {
          "name": "Profit Margin",
          "value": "-3.87%",
          "rating": "D"
        },
        {
          "name": "Gross Margin",
          "value": "6.22%",
          "rating": "E"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "B",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "12.28%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "10.57%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "4.46%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "-12.10%",
          "rating": "E"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "D",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "-2586.82%",
          "rating": "E"
        },
        {
          "name": "OCF YoY",
          "value": "12.28%",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "B",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.83",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "D",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "60.29%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | 雅迪控股 (HK.1585) | B | C | A | D | B | B |
| 02 | 绿源集团控股 (HK.2451) | C | B | A | D | B | B |
| 03 | 越南制造加工出口 (HK.422) | D | B | B | D | D | C |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -9.92 | 3/3 | - | - | - |
| PB | 0.78 | 1/3 | 1.25 | 1.10 | 0.78 |
| PS (TTM) | 0.38 | 1/3 | 0.65 | 0.52 | 0.38 |
| Dividend Yield | 0.00% | - | - | - | - |

## References

- [Company Overview](https://longbridge.com/en/quote/00422.HK/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/00422.HK/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/00422.HK/topics.md) - Community topics and discussions

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.