{"id":2624,"date":"2026-03-29T10:40:04","date_gmt":"2026-03-29T03:40:04","guid":{"rendered":"https:\/\/kthtx.vn\/?p=2624"},"modified":"2026-03-29T10:46:12","modified_gmt":"2026-03-29T03:46:12","slug":"phan-tich-tinh-hinh-tai-chinh-htx","status":"publish","type":"post","link":"https:\/\/kthtx.vn\/index.php\/2026\/03\/29\/phan-tich-tinh-hinh-tai-chinh-htx\/","title":{"rendered":"Ph\u00e2n t\u00edch t\u00ecnh h\u00ecnh t\u00e0i ch\u00ednh HTX"},"content":{"rendered":"\n

Ph\u00e2n t\u00edch t\u00ecnh h\u00ecnh t\u00e0i ch\u00ednh v\u00e0 \u0111\u01b0a ra m\u1ed9t s\u1ed1 k\u1ebft lu\u1eadn , ki\u1ebfn ngh\u1ecb v\u1ec1 s\u1ee9c kho\u1ebb t\u00e0i ch\u00ednh<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n
\"\"<\/figure>\n\n\n\n

\ud83d\udd0e 1. T\u1ed4NG QUAN NHANH<\/h1>\n\n\n\n

\ud83d\udccc Doanh thu \u2013 chi ph\u00ed<\/h3>\n\n\n\n
    \n
  • Doanh thu (511):<\/strong> 697.404.600<\/li>\n\n\n\n
  • Gi\u00e1 v\u1ed1n (632):<\/strong> 260.249.881
    \ud83d\udc49 L\u1ee3i nhu\u1eadn g\u1ed9p:<\/strong> ~ 437 tri\u1ec7u<\/strong><\/li>\n\n\n\n
  • Chi ph\u00ed qu\u1ea3n l\u00fd (642):<\/strong> 22.568.000<\/li>\n\n\n\n
  • Chi ph\u00ed kh\u00e1c (658):<\/strong> 2.794.000<\/li>\n<\/ul>\n\n\n\n

    \ud83d\udc49 L\u1ee3i nhu\u1eadn thu\u1ea7n \u01b0\u1edbc t\u00ednh:<\/strong> ~ 411 \u2013 415 tri\u1ec7u<\/strong>
    (ph\u00f9 h\u1ee3p v\u1edbi TK 911: 415.813.158)<\/p>\n\n\n\n

    \ud83d\udc49 \ud83d\udc49 => Bi\u00ean l\u1ee3i nhu\u1eadn r\u1ea5t t\u1ed1t (~60%)<\/strong><\/p>\n\n\n\n

    \n\n\n\n

    \ud83d\udcb0 2. PH\u00c2N T\u00cdCH T\u00c0I S\u1ea2N & D\u00d2NG TI\u1ec0N<\/h1>\n\n\n\n

    \ud83d\udccc Ti\u1ec1n & t\u01b0\u01a1ng \u0111\u01b0\u01a1ng ti\u1ec1n<\/h3>\n\n\n\n
      \n
    • Ti\u1ec1n m\u1eb7t: 7.819.119<\/li>\n\n\n\n
    • Ti\u1ec1n g\u1eedi NH: 62.022.300
      \ud83d\udc49 T\u1ed5ng ti\u1ec1n: ~ 70 tri\u1ec7u<\/strong><\/li>\n<\/ul>\n\n\n\n

      \ud83d\udcc9 \u0110\u00e1nh gi\u00e1:<\/strong><\/p>\n\n\n\n

        \n
      • Ti\u1ec1n th\u1ea5p so v\u1edbi quy m\u00f4 doanh thu (~700 tri\u1ec7u)<\/li>\n\n\n\n
      • Thanh kho\u1ea3n ng\u1eafn h\u1ea1n kh\u00f4ng m\u1ea1nh<\/strong><\/li>\n<\/ul>\n\n\n\n
        \n\n\n\n

        \ud83d\udccc \u0110\u1ea7u t\u01b0 t\u00e0i ch\u00ednh<\/h3>\n\n\n\n
          \n
        • Ti\u1ec1n g\u1eedi c\u00f3 k\u1ef3 h\u1ea1n: 380.000.000<\/strong><\/li>\n<\/ul>\n\n\n\n

          \ud83d\udc49 \ud83d\udc49 \u0110\u00e2y l\u00e0 \u0111i\u1ec3m r\u1ea5t quan tr\u1ecdng:<\/p>\n\n\n\n

            \n
          • DN\/HTX \u0111ang gi\u1eef ti\u1ec1n nhi\u1ec1u nh\u01b0ng b\u1ecb “giam” trong \u0111\u1ea7u t\u01b0<\/strong><\/li>\n<\/ul>\n\n\n\n

            \ud83d\udcca Nh\u1eadn x\u00e9t:<\/p>\n\n\n\n

              \n
            • Thanh kho\u1ea3n th\u1ef1c t\u1ebf b\u1ecb b\u00f3p l\u1ea1i<\/strong><\/li>\n\n\n\n
            • C\u00f3 th\u1ec3 g\u00e2y kh\u00f3 kh\u0103n n\u1ebfu c\u1ea7n ti\u1ec1n nhanh<\/li>\n<\/ul>\n\n\n\n
              \n\n\n\n

              \ud83d\udccc T\u00e0i s\u1ea3n c\u1ed1 \u0111\u1ecbnh<\/h3>\n\n\n\n
                \n
              • Nguy\u00ean gi\u00e1: 85.259.300<\/li>\n\n\n\n
              • Hao m\u00f2n: 10.657.412
                \ud83d\udc49 Gi\u00e1 tr\u1ecb c\u00f2n l\u1ea1i: ~ 74.6 tri\u1ec7u<\/strong><\/li>\n<\/ul>\n\n\n\n

                \ud83d\udc49 Quy m\u00f4 TSC\u0110 nh\u1ecf \u2192 m\u00f4 h\u00ecnh d\u1ecbch v\u1ee5\/nh\u1eb9 t\u00e0i s\u1ea3n<\/strong><\/p>\n\n\n\n

                \n\n\n\n

                \ud83d\udccc Chi ph\u00ed SXKD d\u1edf dang<\/h3>\n\n\n\n
                  \n
                • 154: 260.249.881<\/li>\n<\/ul>\n\n\n\n

                  \ud83d\udc49 \u0110i\u1ec1u n\u00e0y kh\u1edbp v\u1edbi gi\u00e1 v\u1ed1n \u2192 OK
                  \ud83d\udc49 Kh\u00f4ng c\u00f3 d\u1ea5u hi\u1ec7u t\u1ed3n \u0111\u1ecdng l\u1edbn<\/p>\n\n\n\n

                  \n\n\n\n

                  \u2696\ufe0f 3. NGU\u1ed2N V\u1ed0N<\/h1>\n\n\n\n

                  \ud83d\udccc V\u1ed1n ch\u1ee7 s\u1edf h\u1eefu<\/h3>\n\n\n\n
                    \n
                  • V\u1ed1n g\u00f3p: 29.000.000<\/li>\n\n\n\n
                  • Qu\u1ef9: ~496 tri\u1ec7u<\/li>\n\n\n\n
                  • L\u1ee3i nhu\u1eadn ch\u01b0a ph\u00e2n ph\u1ed1i: 138.681.165<\/li>\n<\/ul>\n\n\n\n

                    \ud83d\udc49 T\u1ed5ng v\u1ed1n ch\u1ee7 ~ >660 tri\u1ec7u<\/strong><\/p>\n\n\n\n

                    \ud83d\udc49 \ud83d\udc49 C\u1ef1c k\u1ef3 kh\u1ecfe v\u1ec1 v\u1ed1n<\/strong><\/p>\n\n\n\n

                    \n\n\n\n

                    \ud83d\udccc N\u1ee3 ph\u1ea3i tr\u1ea3<\/h3>\n\n\n\n
                      \n
                    • Ph\u1ea3i tr\u1ea3 NL\u0110: 110.160.000<\/li>\n<\/ul>\n\n\n\n

                      \ud83d\udc49 Kh\u00f4ng th\u1ea5y n\u1ee3 vay
                      \ud83d\udc49 \ud83d\udc49 G\u1ea7n nh\u01b0 kh\u00f4ng d\u00f9ng \u0111\u00f2n b\u1ea9y t\u00e0i ch\u00ednh<\/strong><\/p>\n\n\n\n

                      \n\n\n\n

                      \ud83d\udcca 4. CH\u1ec8 S\u1ed0 S\u1ee8C KH\u1eceE T\u00c0I CH\u00cdNH<\/h1>\n\n\n\n

                      \u2705 \u0110i\u1ec3m m\u1ea1nh<\/h3>\n\n\n\n

                      \u2714 L\u1ee3i nhu\u1eadn cao (bi\u00ean l\u1ee3i nhu\u1eadn r\u1ea5t t\u1ed1t)
                      \u2714 Kh\u00f4ng vay n\u1ee3 \u2192 r\u1ee7i ro th\u1ea5p
                      \u2714 T\u00edch l\u0169y v\u1ed1n m\u1ea1nh
                      \u2714 D\u00f2ng ti\u1ec1n \u0111\u1ea7u t\u01b0 an to\u00e0n (g\u1eedi k\u1ef3 h\u1ea1n)<\/p>\n\n\n\n

                      \n\n\n\n

                      \u26a0\ufe0f \u0110i\u1ec3m y\u1ebfu<\/h3>\n\n\n\n

                      \u2757 Ti\u1ec1n m\u1eb7t th\u1ea5p \u2192 thanh kho\u1ea3n y\u1ebfu
                      \u2757 Ti\u1ec1n b\u1ecb \u201c\u0111\u00f3ng b\u0103ng\u201d trong \u0111\u1ea7u t\u01b0 (380 tri\u1ec7u)
                      \u2757 Ch\u01b0a t\u1eadn d\u1ee5ng \u0111\u00f2n b\u1ea9y t\u00e0i ch\u00ednh
                      \u2757 V\u1ed1n ch\u1ee7 l\u1edbn nh\u01b0ng ch\u01b0a t\u1ed1i \u01b0u sinh l\u1eddi<\/p>\n\n\n\n

                      \n\n\n\n

                      \ud83d\udccc 5. K\u1ebeT LU\u1eacN<\/h1>\n\n\n\n

                      \ud83d\udc49 \u0110\u00e2y l\u00e0 m\u1ed9t \u0111\u01a1n v\u1ecb:<\/p>\n\n\n\n

                      \u2705 An to\u00e0n t\u00e0i ch\u00ednh cao<\/strong>
                      \u2705 C\u00f3 l\u00e3i t\u1ed1t, t\u00edch l\u0169y t\u1ed1t<\/strong>
                      \u2757 Nh\u01b0ng \u0111ang \u1edf tr\u1ea1ng th\u00e1i:
                      \u27a1\ufe0f \u201cGi\u00e0u m\u00e0 ch\u01b0a linh ho\u1ea1t\u201d
                      \u27a1\ufe0f \u201cGi\u1eef ti\u1ec1n nhi\u1ec1u nh\u01b0ng ch\u01b0a t\u1ed1i \u01b0u hi\u1ec7u qu\u1ea3\u201d<\/p>\n\n\n\n

                      \n\n\n\n

                      \ud83d\udca1 6. KI\u1ebeN NGH\u1eca QU\u1ea2N TR\u1eca (R\u1ea4T QUAN TR\u1eccNG)<\/h1>\n\n\n\n

                      \ud83d\udd39 1. T\u1ed1i \u01b0u d\u00f2ng ti\u1ec1n<\/h2>\n\n\n\n
                        \n
                      • Gi\u1eef ti\u1ec1n m\u1eb7t t\u1ed1i thi\u1ec3u: 100 \u2013 150 tri\u1ec7u<\/strong><\/li>\n\n\n\n
                      • Gi\u1ea3m b\u1edbt ti\u1ec1n g\u1eedi k\u1ef3 h\u1ea1n n\u1ebfu c\u1ea7n linh ho\u1ea1t<\/li>\n<\/ul>\n\n\n\n

                        \ud83d\udc49 Tr\u00e1nh:<\/p>\n\n\n\n

                        \n

                        C\u00f3 l\u00e3i nh\u01b0ng thi\u1ebfu ti\u1ec1n chi<\/p>\n<\/blockquote>\n\n\n\n

                        \n\n\n\n

                        \ud83d\udd39 2. S\u1eed d\u1ee5ng v\u1ed1n hi\u1ec7u qu\u1ea3 h\u01a1n<\/h2>\n\n\n\n

                        380 tri\u1ec7u g\u1eedi ng\u00e2n h\u00e0ng \u2192 l\u00e3i th\u1ea5p (~5\u20137%)<\/p>\n\n\n\n

                        \ud83d\udc49 C\u00f3 th\u1ec3:<\/p>\n\n\n\n

                          \n
                        • \u0110\u1ea7u t\u01b0 m\u1edf r\u1ed9ng d\u1ecbch v\u1ee5 n\u01b0\u1edbc s\u1ea1ch, cung \u1ee9ng v\u1eadt t\u01b0 n\u00f4ng nghi\u1ec7p, b\u00e1n c\u00e1c h\u00e0ng ho\u00e1 n\u00f4ng s\u1ea3n \u0111\u1ecba ph\u01b0\u01a1ng<\/li>\n\n\n\n
                        • N\u00e2ng c\u1ea5p h\u1ec7 th\u1ed1ng<\/li>\n<\/ul>\n\n\n\n
                          \n\n\n\n

                          \ud83d\udd39 3. Xem x\u00e9t \u0111\u00f2n b\u1ea9y t\u00e0i ch\u00ednh nh\u1eb9<\/h2>\n\n\n\n

                          Hi\u1ec7n t\u1ea1i:<\/p>\n\n\n\n

                            \n
                          • Kh\u00f4ng vay \u2192 an to\u00e0n nh\u01b0ng ch\u01b0a t\u1ed1i \u01b0u ROE<\/strong><\/li>\n<\/ul>\n\n\n\n

                            \ud83d\udc49 C\u00f3 th\u1ec3:<\/p>\n\n\n\n

                              \n
                            • Vay nh\u1ecf \u0111\u1ec3 m\u1edf r\u1ed9ng \u2192 t\u0103ng quy m\u00f4 nhanh h\u01a1n<\/li>\n<\/ul>\n\n\n\n
                              \n\n\n\n

                              \ud83d\udd39 4. Ki\u1ec3m so\u00e1t chi ph\u00ed t\u1ed1t h\u01a1n n\u1eefa<\/h2>\n\n\n\n

                              Chi ph\u00ed hi\u1ec7n t\u1ea1i th\u1ea5p \u2192 r\u1ea5t t\u1ed1t<\/p>\n\n\n\n

                              \ud83d\udc49 N\u00ean:<\/p>\n\n\n\n

                                \n
                              • X\u00e2y KPI chi ph\u00ed\/doanh thu<\/li>\n\n\n\n
                              • Theo d\u00f5i theo t\u1eebng d\u1ecbch v\u1ee5 (n\u01b0\u1edbc s\u1ea1ch, kh\u00e1c)<\/li>\n<\/ul>\n\n\n\n
                                \n\n\n\n

                                \ud83d\udd39 5. Qu\u1ea3n tr\u1ecb l\u1ee3i nhu\u1eadn ch\u01b0a ph\u00e2n ph\u1ed1i<\/h2>\n\n\n\n

                                138 tri\u1ec7u ch\u01b0a ph\u00e2n ph\u1ed1i<\/p>\n\n\n\n

                                \ud83d\udc49 C\u1ea7n quy\u1ebft \u0111\u1ecbnh:<\/p>\n\n\n\n

                                  \n
                                • Tr\u00edch qu\u1ef9<\/li>\n\n\n\n
                                • Chia l\u1ee3i nhu\u1eadn<\/li>\n\n\n\n
                                • Ho\u1eb7c t\u00e1i \u0111\u1ea7u t\u01b0<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"

                                  Ph\u00e2n t\u00edch t\u00ecnh h\u00ecnh t\u00e0i ch\u00ednh v\u00e0 \u0111\u01b0a ra m\u1ed9t s\u1ed1 k\u1ebft lu\u1eadn , ki\u1ebfn ngh\u1ecb v\u1ec1 s\u1ee9c kho\u1ebb t\u00e0i ch\u00ednh \ud83d\udd0e 1. T\u1ed4NG QUAN NHANH \ud83d\udccc Doanh thu \u2013 chi ph\u00ed \ud83d\udc49 L\u1ee3i nhu\u1eadn thu\u1ea7n \u01b0\u1edbc t\u00ednh: ~ 411 \u2013 415 tri\u1ec7u(ph\u00f9 h\u1ee3p v\u1edbi TK 911: 415.813.158) \ud83d\udc49 \ud83d\udc49 => Bi\u00ean l\u1ee3i nhu\u1eadn r\u1ea5t t\u1ed1t (~60%) \ud83d\udcb0 2. … <\/p>\n","protected":false},"author":1,"featured_media":2626,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[7,9,159],"tags":[19],"class_list":["post-2624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ke-toan-hop-tac-xa","category-quan-tri-tai-chinh","category-tai-chinh-doanh-nghiep","tag-phan-tich-tai-chinh-htx","grid-sizer"],"_links":{"self":[{"href":"https:\/\/kthtx.vn\/index.php\/wp-json\/wp\/v2\/posts\/2624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kthtx.vn\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kthtx.vn\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kthtx.vn\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kthtx.vn\/index.php\/wp-json\/wp\/v2\/comments?post=2624"}],"version-history":[{"count":3,"href":"https:\/\/kthtx.vn\/index.php\/wp-json\/wp\/v2\/posts\/2624\/revisions"}],"predecessor-version":[{"id":2630,"href":"https:\/\/kthtx.vn\/index.php\/wp-json\/wp\/v2\/posts\/2624\/revisions\/2630"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kthtx.vn\/index.php\/wp-json\/wp\/v2\/media\/2626"}],"wp:attachment":[{"href":"https:\/\/kthtx.vn\/index.php\/wp-json\/wp\/v2\/media?parent=2624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kthtx.vn\/index.php\/wp-json\/wp\/v2\/categories?post=2624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kthtx.vn\/index.php\/wp-json\/wp\/v2\/tags?post=2624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}