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  2. •

    Finance

  3. •

    Real estate development
Quoc Cuong Gia Lai JSC

Quoc Cuong Gia Lai JSC

HHOSE:QCG
10,650.00
VND
0.00
(0.00%)
1,251.43EPS
9.82P/E
3.30TMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
7,655.66
1,902.85
1,402.12
5,773.15
3,113.83
2,661.23
3,120.23
6,789.26
3,816.02
4,600.69
1,571.46
2,650.22
1,720.11
1,133.28
Basic EPS, GAAP
116.34
119.43
79.16
162.96
1,440.3
347.4
214.33
181.19
237.55
82.45
27.09
302.34
622.71
1,222.31
Free Cash Flow per Basic Share
-2,308.35
-1,518.61
-606.7
897.72
7,827.92
797.22
-1,237.22
-257.74
151.97
-442.49
-133.5
314.33
-4,099.93
-3,752.82
Dividend per Share
- -
454.72
- -
- -
431.83
321.89
- -
- -
- -
- -
- -
438.56
9.45
- -
Book Value per Share
18,174.27
13,809.01
14,318.26
13,962.71
14,536.66
14,414.04
14,419.87
14,609.06
14,847.18
14,928.42
14,955.51
15,257.85
15,880.56
16,530.52
Tangible Book Value per Share
17,799.94
13,636.11
14,145.12
13,789.56
13,567.66
14,194.71
14,205.94
14,436.16
14,674.3
14,755.52
14,782.62
15,084.95
15,707.66
16,357.62
Basic Weighted Avg Shares
127
275
275
275
275
275
275
275
275
275
275
275
275
275
Sales/Revenue/Turnover
972,857
523,528
385,765
1,588,363
856,706
732,181
858,467
1,867,924
1,049,898
1,265,783
432,354
729,153
473,254
311,476
Operating Margin (%)
4.53
62.16
6.94
2.77
12.63
10.92
8.97
6.41
15.75
7.44
12.77
19.14
30.18
20.83
Depreciation Expense
14,623
11,756
13,048
13,615
28,095
38,691
46,759
54,954
62,002
72,244
71,541
71,791
67,906
62,190
Net Income, GAAP
14,785
32,858
21,779
44,836
396,269
95,580
58,969
49,850
65,356
22,685
7,455
83,182
171,326
335,943
Effective Tax Rate (%)
51.86
- -
8.67
30.6
22.49
5.21
25.3
19.26
16.2
27.99
36.63
16.49
18.92
17.75
Profit Margin (%)
1.52
6.28
5.65
2.82
46.25
13.05
6.87
2.67
6.22
1.79
1.72
11.41
36.2
107.86
Working Capital
2,791,976
4,148,084
3,475,646
2,594,805
2,737,382
2,439,716
2,407,842
2,279,997
2,470,862
2,534,217
-2,786,688
-1,949,826
-1,683,901
-810,381
LT Debt
1,804,440
1,650,432
1,428,961
81,026
310,846
420,000
393,600
368,400
339,375
307,725
268,238
243,238
14,000
14,000
Total Equity
2,503,842
3,933,837
3,939,369
4,006,927
4,100,004
4,173,048
4,275,725
4,238,578
4,307,355
4,338,619
4,341,807
4,576,543
4,744,691
4,927,360
Return on Invested Capital (%)
-0.09
- -
0.31
0.51
7.73
1.72
0.45
1.73
1.82
0.71
0.15
1.86
4.17
3.43
Return on Capital (%)
1.19
- -
0.57
1.57
7.91
2.57
2.4
1.37
2.37
1.13
0.84
2.49
4.25
6.89
Return on Common Equity (%)
0.64
1.08
0.56
1.15
10.11
2.4
1.49
1.25
1.61
0.55
0.18
2
4
7.67

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
820,093
577,701
587,885
LT Borrowings
14,000
14,000
14,000
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
275
275
275
Market Capitalization
4,154,450
3,659,218
3,301,550

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,240,725
1,902,384
2,126,229
Cash, Cash Equivalents & STI
142,343
123,203
147,732
Accounts Receivable, Net
559,710
286,066
312,228
Inventories
1,270,738
1,261,865
1,290,694
Total Current Liabilities
3,924,627
3,550,837
2,936,610
Payables & Accruals
- -
- -
- -
ST Debt
820,093
577,701
587,885
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.89%
2.3%
3.67%
Free Cash Flow
-225.99%
-471.95%
-1,404.34%
Net Income, GAAP
178.06%
204.1%
105.97%
Sales/Revenue/Turnover
33.05%
-11.1%
-35.1%
Total Cash Common Dividend
- -
- -
-97.85%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
38,742
26,477
178,286
485,754
729,153
2025
111,497
131,062
111,411
119,284
473,254
2026
69,297
11,484
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5.03
-60
94
226
302.34
2025
34.49
24
87
484
622.71
2026
49.2
601
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
438.56
2025
- -
- -
- -
- -
9.45
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Nhu Loan Thi Nguyen
Full Time Employees
103
Sector
Finance
Industry
Real estate development
Address
Pleiku Vietnam
IPO Date
Oct 21, 2010
Website
quoccuonggialai.com.vn
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Business
Quoc Cuong Gia Lai Joint Stock Company is a diversified real estate development and multi-industry enterprise operating primarily in Vietnam and Laos. The company operates through four core business segments: Real Estate, Hydropower, Rubber, and Wood Processing and Construction. Its Real Estate segment engages in the investment, construction, development, and trading of residential and commercial properties; its product portfolio includes high-rise condominiums, luxury villas, townhouses, integrated commercial-residential complexes, and commercial office spaces across major urban markets such as Ho Chi Minh City and Da Nang, featuring developments such as Central Premium, Lavida Plus, De Capella, and The Easter City. Its Hydropower segment invests in, constructs, and operates renewable energy generation facilities; its assets include run-of-river hydroelectric plants such as the Ia Grai 1 Hydropower Plant, supplying electricity to the national power grid. Its Rubber segment manages large-scale industrial plantations and processing operations; its activities encompass the cultivation, harvesting, and processing of natural latex and raw rubber materials across extensive landholdings in Gia Lai Province and southern Laos. Its Wood Processing and Construction segment manufactures and distributes finished wood products and construction components; its offerings include custom interior furniture, wooden doors, kitchen cabinetry, wardrobes, and timber fittings for residential developments and commercial clients. In recent company developments, Quoc Cuong Gia Lai Joint Stock Company has initiated comprehensive corporate and financial restructuring programs under executive leadership transitions, notably the appointment of Nguyen Quoc Cuong as General Director to steer operational stabilization, governance realignment, and legal resolutions. The company has aggressively reduced its institutional banking leverage to historic lows, divested equity interests in selected non-core subsidiaries and project holdings, and prioritized capital deployment toward resolving financial and legal settlement commitments associated with the flagship Bac Phuoc Kieng project to facilitate site recovery and long-term project execution. Founded in 1994 as Quoc Cuong Private Enterprise and transformed into a joint stock company in 2007, Quoc Cuong Gia Lai Joint Stock Company is headquartered in Pleiku, Gia Lai Province, Vietnam, and maintains executive operations in Ho Chi Minh City, Vietnam.