1. Vietnam Stocks

  2. •

    Producer manufacturing

  3. •

    Electrical products
Dien Quang Lamp JSC

Dien Quang Lamp JSC

HHOSE:DQC
9,280.00
VND
-20.00
(-0.22%)
736.93EPS
13.66P/E
261.80BMarket Cap
Dien Quang Lamp JSC
HOSE:DQC
(Ho Chi Minh Stock Exchange)

Recent

price

9,280.00

P/E

ratio

13.66

div

yld

-0.16%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
VND
19,801.46
21,351.78
23,756.78
30,128.66
39,498.64
33,869.17
32,429.95
33,759.62
42,171.37
29,933.52
34,117.84
26,628.55
35,911.25
31,171.21
29,524.13
33,375.13
38,882.49
Revenue per Share
1,486.08
1,373.41
1,848.43
4,595.41
7,640.42
6,467.66
6,367.97
3,491.91
3,155.82
1,035.45
574.4
786.84
499.44
-1,248.22
-4,447.49
123.23
695.36
Basic EPS, GAAP
2,935.63
10,772.34
9,596.68
1,941.62
14,956.53
1,984.55
6,334.31
-2,139.33
-4,689.09
-718.58
-2,727.6
-2,435.22
-3,193.81
-1,147.8
5,025.02
2,405.05
-451.35
Free Cash Flow per Basic Share
638.4
1,054.21
1,633.66
1,594.56
684.37
1,678.85
2,369.93
2,535.56
4,901.7
1,532.31
1,001.09
0.77
1,025.66
586.33
926.2
56.02
-14.77
Dividend per Share
26,176.92
29,705.77
29,222.01
31,816.76
38,062.25
33,974.36
36,021.63
36,226.12
34,547.17
35,092.64
33,199.98
33,972.41
33,460.51
32,212.28
27,764.79
27,853.5
28,021.68
Book Value per Share
25,256.5
28,694.81
28,225.27
30,766.5
34,948.75
31,398.8
32,963.11
33,156.34
31,525.27
31,815.17
29,918.97
30,713.45
30,080.39
28,876.61
24,472.68
24,919.42
25,110.24
Tangible Book Value per Share
29
29
27
26
31
32
32
31
28
28
28
28
28
28
28
28
28
Basic Weighted Avg Shares
583,023
612,828
630,279
795,050
1,223,120
1,082,832
1,035,067
1,056,463
1,187,383
824,910
940,222
733,831
989,645
859,018
813,628
919,754
1,071,526
Sales/Revenue/Turnover
10.71
2.74
0.59
13.44
18.41
16.03
10.31
7.17
6.78
3.5
-0.68
-0.46
2.8
-3.24
-13.01
2.05
4.41
Operating Margin (%)
23,645
20,575
13,935
20,529
24,310
26,244
22,083
18,385
14,022
12,240
17,107
29,048
29,962
30,626
26,953
23,057
23,477
Depreciation Expense
43,755
39,419
49,040
121,266
236,594
206,778
203,247
109,275
88,856
28,535
15,829
21,684
13,764
-34,399
-122,564
3,396
19,163
Net Income, GAAP
13.98
31.63
28.43
25.04
21.08
21.63
19.79
18.49
20.08
19.9
18.55
8.23
5.69
- -
- -
68.46
15.95
Effective Tax Rate (%)
7.5
6.43
7.78
15.25
19.34
19.1
19.64
10.34
7.48
3.46
1.68
2.95
1.39
-4
-15.06
0.37
1.79
Profit Margin (%)
711,428
742,415
739,428
780,653
906,669
839,715
823,741
865,134
825,936
686,559
498,065
501,004
493,005
464,556
337,711
379,344
453,763
Working Capital
4,725
- -
- -
- -
468
270
72
2,685
99,468
66,312
49,734
47,867
28,116
7,692
3,846
- -
1,923
LT Debt
783,125
797,260
782,021
833,539
994,768
1,088,402
1,154,406
1,139,096
1,084,840
972,466
923,188
944,433
933,958
900,544
778,637
780,096
783,901
Total Equity
3.17
2.83
3.7
9.71
18.13
16.93
17.56
8.85
6.79
2.19
1.25
2.13
1.17
- -
- -
-0.09
1.73
Return on Invested Capital (%)
6.57
5.57
6.26
11.11
18.7
17.22
17.75
8.81
7.08
2.61
1.62
2.3
1.96
- -
- -
0.48
2.62
Return on Capital (%)
5.97
5.06
6.27
15.15
26.23
20.05
18.2
9.57
8.03
2.79
1.68
2.34
1.48
-3.8
-14.83
0.44
2.49
Return on Common Equity (%)

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
87,946
92,088
107,624
LT Borrowings
- -
2,884
1,923
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
28
28
28
Market Capitalization
287,982
258,770
261,802

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
727,057
753,018
803,325
Cash, Cash Equivalents & STI
113,595
134,515
114,054
Accounts Receivable, Net
256,187
225,149
206,213
Inventories
296,782
310,957
304,879
Total Current Liabilities
347,713
335,763
349,562
Payables & Accruals
- -
- -
- -
ST Debt
87,946
92,088
107,624
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-3.12%
-3.15%
0.19%
Free Cash Flow
-25.63%
-126.71%
-52.14%
Net Income, GAAP
-37.5%
-39.18%
-102.77%
Sales/Revenue/Turnover
0.1%
1.49%
13.04%
Total Cash Common Dividend
13,243.81%
26,484.48%
-93.95%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
169,133
176,556
214,640
228,696
813,628
2025
170,700
185,122
- -
321,711
919,754
2026
278,865
285,827
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.4
31.43
-186.03
-3,500.45
-4,447.49
2025
105.51
133.52
- -
46.14
123.23
2026
368.91
146.79
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
889.91
926.2
- -
- -
926.2
2025
- -
- -
- -
-14.77
56.02
2026
- -
- -
- -
- -
- -
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Business
Dien Quang Lamp Joint Stock Company is a Vietnam-based company engaged in the manufacturing, development, and distribution of lighting products, electrical equipment, and integrated smart technology solutions. Founded in 1973 and headquartered in Ho Chi Minh City, Vietnam, the company serves residential, commercial, industrial, and infrastructure sectors across domestic and international markets. The company operates through a comprehensive product and service portfolio comprising indoor and outdoor LED lighting solutions, including LED bulbs, LED tubes, panel lights, downlights, ceiling fixtures, floodlights, industrial high-bay lamps, and solar-powered street lighting; electrical devices and power accessories, including wall switches, sockets, extension cords, circuit breakers, conduit systems, and connection hardware; smart home, smart building, and IoT automation platforms, featuring the Dien Quang Apollo and DQSmart ecosystems, intelligent lighting controllers, motion and environmental sensors, wireless communication gateways, and cloud-connected management software; and specialized technical services, including architectural lighting design, building management system integration, turnkey energy efficiency retrofitting, and original equipment and design manufacturing services. In recent years, the company has accelerated a comprehensive strategic repositioning, transitioning from a conventional lighting and electrical hardware manufacturer into a technology solutions and smart ecosystem provider. Significant operational and strategic developments include expanding advanced manufacturing capabilities at its specialized facility in the Saigon Hi-Tech Park, which integrates automated surface-mount technology assembly lines, precision tooling, and electronics testing for IoT hardware; forming strategic partnerships with real estate developers, industrial zone operators, and healthcare providers to implement comprehensive smart lighting, smart hospital, and smart city infrastructure; launching next-generation connected lighting platforms integrated with artificial intelligence and wireless control protocols; and restructuring business units to focus on integrated smart solutions, consumer products, and engineered projects. Alongside its nationwide distribution network in Vietnam, Dien Quang Lamp Joint Stock Company distributes and exports its products and solutions across Southeast Asia, the Americas, Europe, and the Middle East.