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Thien Long Group Corp.

Thien Long Group Corp.

HHOSE:TLG
55,900.00
VND
-200.00
(-0.36%)
4.74TMarket Cap
Dec 02Next Earn
Thien Long Group Corp.
HOSE:TLG
(Ho Chi Minh Stock Exchange)

Recent

price

55,900.00

P/E

ratio

- -

div

yld

1.63%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
VND
11,333.29
12,520.04
14,113.7
18,764.39
14,402.54
21,858.19
25,090.76
28,549.19
30,678.56
34,940.22
28,519.23
28,346.31
37,403.69
36,729.47
39,523.14
43,654.42
- -
Revenue per Share
990.81
966.14
1,162.12
1,555.41
1,315.65
2,179.83
2,785.72
3,064.32
3,162.46
3,750.11
2,547.98
2,939.59
4,263.95
3,808.26
4,854.64
4,669.6
- -
Basic EPS, GAAP
-965.83
-1,133.52
1,803.74
720.27
1,693.21
1,199.43
1,831.86
-294.03
-1,847.76
1,865.22
3,011.56
1,733.13
1,270.25
1,508.02
2,901.4
990.3
- -
Free Cash Flow per Basic Share
387.12
211.4
205.99
282.62
103.95
621.7
1,452.85
657.41
1,086.16
1,975.36
1,629.35
2,065.79
1,653.21
2,888.82
1,653.03
2,274.1
909.1
Dividend per Share
5,452.74
6,049.17
6,402.22
7,305.35
8,495.74
9,533.97
10,724.36
12,116.89
14,502.86
19,196.45
18,937.72
19,393.96
20,787.16
22,015.24
24,690.45
26,150.71
26,381.63
Book Value per Share
5,129.18
5,763.69
5,827.92
6,920.12
8,131.7
9,155.77
9,691.09
11,131.65
14,154.76
18,883.47
18,670.77
19,179.86
20,525.35
21,645.23
24,346.95
25,919.13
26,164.16
Tangible Book Value per Share
72
83
86
75
112
86
86
87
93
93
94
94
94
94
95
96
97
Basic Weighted Avg Shares
813,368
1,043,592
1,216,345
1,406,208
1,613,577
1,883,742
2,162,316
2,497,401
2,855,776
3,252,482
2,684,552
2,668,275
3,520,858
3,461,873
3,758,585
4,173,930
- -
Sales/Revenue/Turnover
14.36
15.79
13.5
12.72
11.85
13.38
13.75
12.56
12.68
12.7
10.69
12.55
13.24
12.28
14.6
11.97
- -
Operating Margin (%)
31,245
37,308
38,700
38,480
37,430
39,215
44,324
49,798
65,990
77,552
80,427
83,919
82,486
89,903
95,214
92,971
- -
Depreciation Expense
71,108
80,531
100,153
116,563
147,398
187,858
240,073
268,058
294,384
349,087
239,845
276,707
401,371
358,941
461,668
446,475
- -
Net Income, GAAP
24.09
23.51
26.2
29.59
23.01
24.62
21.64
19.89
20.06
20.09
21.01
22.83
20.87
21.19
21.58
22.19
- -
Effective Tax Rate (%)
8.74
7.72
8.23
8.29
9.13
9.97
11.1
10.73
10.31
10.73
8.93
10.37
11.4
10.37
12.28
10.7
- -
Profit Margin (%)
141,065
206,933
265,707
385,197
498,802
553,631
612,017
617,393
680,729
1,276,241
1,202,195
1,289,158
1,301,957
1,414,918
1,685,039
1,736,471
1,672,937
Working Capital
24,869
24,987
11,567
11,275
15,967
43,882
20,809
5,059
- -
25,846
31,808
11,689
63,613
33,499
6,196
6,196
6,196
LT Debt
407,978
477,886
551,756
629,589
732,174
821,643
924,226
1,059,955
1,268,668
1,806,987
1,748,260
1,825,578
1,957,872
2,093,980
2,347,228
2,522,689
2,545,159
Total Equity
11.96
11.34
11.61
13.29
15.55
18.64
21.4
21.67
20.85
19.19
11.7
13.78
18.53
15.09
17.17
13.78
- -
Return on Invested Capital (%)
15.51
15.21
15.74
15.55
17.56
19.67
22.78
23.54
22.32
20.36
12.6
14.33
19.4
16.4
18.16
16.01
- -
Return on Capital (%)
18.95
18.52
19.45
19.73
21.65
24.18
27.5
27.02
25.28
22.7
13.49
15.49
21.22
17.72
20.79
18.33
- -
Return on Common Equity (%)

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
439,256
457,924
584,989
LT Borrowings
6,196
6,196
6,196
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
97
97
97
Market Capitalization
4,797,458
4,681,624
4,744,368

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,748,353
2,615,986
2,883,680
Cash, Cash Equivalents & STI
910,757
741,077
840,905
Accounts Receivable, Net
771,187
844,374
910,260
Inventories
814,530
919,130
1,003,990
Total Current Liabilities
1,011,881
1,010,890
1,210,743
Payables & Accruals
- -
- -
- -
ST Debt
439,256
457,924
584,989
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.42%
7.64%
7.48%
Free Cash Flow
34.57%
-4.37%
-65.68%
Net Income, GAAP
11.17%
15.04%
-3.29%
Sales/Revenue/Turnover
9.03%
9.86%
11.05%
Total Cash Common Dividend
29.86%
15.57%
38.32%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
808,630
1,207,170
896,017
846,768
3,758,585
2025
794,431
1,245,885
- -
949,127
4,173,930
2026
1,000,101
1,354,394
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
928.88
2,548.02
965.95
411.74
4,854.64
2025
829.62
2,341.54
- -
762.36
4,669.6
2026
1,199.14
2,065.36
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
826.56
826.45
1,653.03
2025
- -
1,363.64
- -
909.1
2,274.1
2026
- -
- -
- -
- -
- -
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Business
Thien Long Group Corporation is a Vietnam-based manufacturer and distributor of stationery, office supplies, educational products, and industrial materials. Founded in 1981 and headquartered in Ho Chi Minh City, Vietnam, the company provides a comprehensive portfolio of products categorized under specialized brand divisions: writing instruments, including ballpoint pens, gel pens, rollerball pens, fountain pens, fineliners, permanent markers, highlighters, and mechanical pencils marketed primarily under the TL and Bizner brands; art and creative supplies, comprising colored pencils, crayons, oil pastels, watercolor sets, fiber pens, modeling dough, and coloring books under the Colokit brand; educational and school items, consisting of rulers, compasses, erasers, scissors, correction tapes, adhesives, chalks, blackboards, plastic learning aids, and student notebooks under the Diem 10 brand; commercial office tools, encompassing document folders, filing binders, desk organizers, staplers, adhesives, and office paper under the FlexOffice brand; and industrial engineering solutions, including high-precision plastic injection molds, automated machinery, and sustainable raw materials managed by its THIENLONGTEK unit. The company operates major subsidiaries including Nam Thien Long Manufacturing and Trading Company Limited, Thien Long Long Thanh Manufacturing and Trading Company Limited, and Thien Long Global Trading and Service One Member Company Limited. Thien Long Group serves individual consumers, educational institutions, commercial enterprises, and industrial clients through a domestic distribution network of over 65,000 points of sale, e-commerce channels, and export operations spanning more than 65 countries across Southeast Asia, Europe, the Americas, and the Middle East. In recent strategic developments, Japanese stationery corporation Kokuyo Co., Ltd. entered into a landmark agreement to acquire a controlling stake of up to 65.01% in Thien Long Group, integrating manufacturing capabilities, product design, and distribution channels to accelerate international expansion across Asia. To strengthen its direct retail footprint in office supplies and cultural products, Thien Long acquired Phuong Nam Bookstore (PNC), one of Vietnam's largest bookstore chains. Furthermore, the group continues to execute its glocalisation strategy, marked by the expansion of automated production facilities, accelerated digital sales channel growth, and investments in environmentally sustainable, non-toxic, and eco-friendly product lines.