Research on Business Performance of Listed Enterprises on Vietnam Stock Market by Cycletical Analysis

Based on data from quarterly financial statements of enterprises listed on the Vietnam Security Market for the period 2019 - 2023, this research focuses on analyzing the corporate performance of listed enterprises. The analysis results show that the fluctuations in corporate performance of listed enterprises show a clear cyclical nature, Asset turnover and ROA usually increase in the third and fourth quarters every year, then decrease deeply in the first quarter of the next year, ROE of listed companies is more stable, ROE volatility does not show a clear cyclical nature. The asset turnover of enterprises in the Wholesale Trade and Retail Trade industries is higher than that of companies in the remaining industries.