Dry Cell & Storage Battery JSC
HHOSE:PAC15,150.00
VND
-150.00
(-0.98%)
Dry Cell & Storage Battery JSC
HOSE:PAC
(Ho Chi Minh Stock Exchange)
Recent
price
15,150.00
P/E
ratio
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yld
- -
ROIC.AI
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- Business
- Dry Cell and Storage Battery Joint Stock Company (PINACO) is a Vietnam-based manufacturer and distributor of lead-acid storage batteries and dry cell batteries. Founded in 1976 and headquartered in Ho Chi Minh City, Vietnam, the company operates as a key subsidiary of the state-owned Vietnam National Chemical Group (Vinachem), with strategic equity participation and technical backing from Japan-based Furukawa Battery Co., Ltd. The company operates through two primary product segments: Storage Batteries and Dry Cell Batteries. Its core product portfolio comprises automotive, commercial vehicle, and motorcycle starting-lighting-ignition (SLI) batteries marketed under the Dongnai and JP brand names, encompassing conventional dry-charged lead-acid batteries, sealed maintenance-free (SMF/CMF) batteries, and enhanced flooded batteries (EFB); industrial storage batteries, including valve-regulated lead-acid (VRLA), deep-cycle, traction, and standby power units utilized in telecommunications infrastructure, uninterruptible power supply (UPS) systems, electric golf carts, lighting networks, and solar energy storage systems; and consumer dry cell batteries marketed under the Eagle (Pin Con O) brand name, comprising carbon-zinc and alkaline primary batteries across standard cylindrical and block formats including AA (R6), AAA (R03), D (R20), and 9V sizes engineered for household appliances, flashlights, toys, and portable electronics. PINACO serves both original equipment manufacturers (OEM) and aftermarket replacement segments, supplying Tier-1 automotive and motorcycle assemblers such as Honda, Yamaha, Suzuki, Ford, Thaco, Hyundai Thanh Cong, and Piaggio, while maintaining an extensive distribution network of authorized dealers and service centers across Vietnam. Geographically, the company exports its products to more than 30 international markets across Southeast Asia, the Middle East, South Asia, Africa, and Oceania. In recent operational and strategic developments, PINACO has intensified its manufacturing modernization and technical collaboration with Furukawa Battery, deploying upgraded automated assembly lines to expand the production of specialized sealed maintenance-free and advanced start-stop automotive batteries. Furthermore, the company has expanded its overseas distribution networks into high-growth emerging markets across the Middle East and Africa, accelerated the development of auxiliary 12V battery solutions tailored for electric and hybrid vehicle platforms, and advanced industrial sustainability programs focused on energy-efficient manufacturing processes and eco-compliant lead recycling standards.