DQC.VN Dien Quang JSC
- Market cap
- VND 261B
- P/E
- 16.1x
- P/B
- 0.33x
- ROE
- 3.7%
- Dividend yield
- 0.59%
- Fundamental score
- 2.0/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is DQC.VN undervalued?
Graham numberDQC.VN trades 51.1% below its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Dien Quang JSC fundamental analysis
10 of 22 checks passedROE 0/2
Low return on equity (3.7%), below 10%.
ROA 0/1
Return on assets (2.4%) is below the industry median (3.6%).
Profit Consistency 0/2
Not profitable for at least 3 consecutive years.
Earnings Growth 5Y 0/1
Earnings per share did not grow over the past 5 years.
Earnings Acceleration 1/1
Last year's EPS growth (102.8%) is above the 5-year average (-26.5% a year).
Earnings Growth vs Industry 1/1
Last year's EPS growth (102.8%) is above the industry median (17.5%).
Revenue Growth 0/2
Revenue shrank 2.4% a year over the past 3 years.
Short-term Liquidity 1/1
Current assets cover short-term liabilities.
Long-term Liabilities 1/1
Current assets cover long-term liabilities.
Debt to Equity 2/2
Low debt to equity (0.2%), 40% or less.
Debt Trend 1/1
Debt to equity has not risen over the past 5 years.
Debt Coverage 0/1
Operating cash flow does not cover 20% of total debt.
Interest Coverage 1/1
EBIT is 5.4x against interest expense, well covered.
PE vs Market 0/1
PE (16.1x) is above the market median (11.2x).
PE vs Industry 0/1
PE (16.1x) is above the industry median (11.2x).
PBV 1/1
Price to book (0.3x) is below the industry median (1.2x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 5.4, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 0/2
Dividend yield (0.6%) is in the bottom 25% of dividend payers in the market.
Dividend Stability 0/2
Dividends were not paid steadily for the past 5 years.
Dividend Growth 0/1
Dividends paid did not grow over the past 5 years.
Payout Ratio 1/1
Payout ratio is 45.5%, covered by earnings.
Each check is worth 1 or 2 points by how much it says about the quality of the company. The score is the share of points earned, out of 5. Ask AI to explain this score
Dien Quang JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Dien Quang JSC
Dien Quang Group Joint Stock Company provides electrical equipment and smart controls; and lighting products, services, and solutions in Vietnam and internationally. The company manufactures and trades in various types of light bulbs, ballasts, starters, electrical wires, lighting equipment, glass tubes, and other glass products; and trades in raw materials, supplies, spare parts for lighting equipment, civil and industrial equipment, and chemicals. It also provides commerci…
Full company profileDien Quang JSC financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 2 quarters up to Jun 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Dien Quang JSC annual financial statements (VND; K = thousand, M = million, B = billion, T = trillion)
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 825B | 940B | 734B | 990B | 859B | 814B | 920B | 1.13T |
| Gross Profit | 214B | 232B | 223B | 321B | 279B | 184B | 200B | 252B |
| Operating Income | 31.0B | -6.41B | -3.40B | 28.1B | -27.8B | -106B | 18.9B | 64.8B |
| EBITDA | 54.1B | 44.2B | 57.9B | 55.5B | 19.6B | -87.8B | 46.2B | 63.6B |
| Net Income | 28.5B | 15.8B | 21.7B | 13.8B | -34.4B | -123B | 3.40B | 28.4B |
| EPS | 1,035 | 574 | 787 | 499 | -1,248 | -4,447 | 123 | 1,031 |
| Balance Sheet | ||||||||
| Total Assets | 1.50T | 1.41T | 1.41T | 1.49T | 1.44T | 1.21T | 1.13T | 1.17T |
| Total Liabilities | 530B | 486B | 466B | 551B | 544B | 431B | 351B | 382B |
| Shareholders' Equity | 967B | 915B | 936B | 922B | 888B | 765B | 768B | 772B |
| Cash & Short-term Investments | 150B | 113B | 56.5B | 20.4B | 22.6B | 35.6B | 38.4B | 24.2B |
| Cash Flow | ||||||||
| Operating Cash Flow | 21.7B | 48.9B | -36.0B | -76.7B | -4.36B | 140B | 75.9B | -85.3B |
| Capital Expenditure | 41.5B | 124B | 31.1B | 5.76B | 4.88B | 1.04B | 9.67B | 7.02B |
| Free Cash Flow | -19.8B | -75.2B | -67.1B | -88.0B | -9.24B | 138B | 66.3B | -92.3B |
| Ratios | ||||||||
| ROE | 3.0% | 1.7% | 2.3% | 1.5% | -3.9% | -16.0% | 0.4% | 3.7% |
| ROA | 1.9% | 1.1% | 1.5% | 0.9% | -2.4% | -10.1% | 0.3% | 2.4% |
| Net Profit Margin | 3.5% | 1.7% | 3.0% | 1.4% | -4.0% | -15.1% | 0.4% | 2.5% |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
Dien Quang JSC dividends
- Dividend yield
- 0.59%
- Forward dividend
- 500.00 VND
- Payout ratio
- 45.5%
- Ex-dividend date
- Aug 14, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 1.54B | 56 | 45.5% |
| 2024 | VND 25.5B | 926 | - |
| 2023 | VND 24.9B | 903 | - |
| 2022 | VND 42.4B | 1,537 | 307.8% |
| 2021 | VND 21.3M | 0.77 | 0.1% |
| 2020 | VND 27.6B | 1,001 | 174.3% |
| 2019 | VND 42.2B | 1,532 | 148.0% |
| 2018 | - | - | - |
| 2017 | - | - | - |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 11:10 on Jun 10, 2016.
Who owns Dien Quang JSC
- Insiders 54.51%
- Institutions 0.00%
- Public & others 45.49%
- Shares outstanding 27.6M
- Free float 12.9M
Dien Quang JSC company profile
- Company name
- Dien Quang JSC
- Ticker
- DQC.VN
- ISIN
- VN000000DQC0
- Exchange
- Vietnam Stocks
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- Employees
- 262
- Fiscal year end
- December
- Address
- 121-123-125 Ham Nghi Street, Ho Chi Minh City, Vietnam
- Phone
- 84 1 900 1257
- Website
- dqc.vn
About Dien Quang JSC
Dien Quang Group Joint Stock Company provides electrical equipment and smart controls; and lighting products, services, and solutions in Vietnam and internationally. The company manufactures and trades in various types of light bulbs, ballasts, starters, electrical wires, lighting equipment, glass tubes, and other glass products; and trades in raw materials, supplies, spare parts for lighting equipment, civil and industrial equipment, and chemicals. It also provides commercial brokerage; vocational training; and travel services. In addition, the company engages in consulting, construction, and maintenance of electrical systems and lighting systems in industrial and civil works; and medium and low-voltage electrical, public lighting, industrial and civil works, refrigeration, fire prevention and fighting and water supply and drainage, automated electrical, and information electrical systems. Further, it undertakes civil, industrial, and infrastructure works; engages in consulting, designing, and constructing of information technology infrastructure; installs electrical systems; and provides interior decoration design services, as well as electronic components and devices. The company was formerly known as Dien Quang Lamp Joint Stock Company and changed its name to Dien Quang Group Joint Stock Company in May 2023. Dien Quang Group Joint Stock Company was founded in 1973 and is headquartered in Ho Chi Minh City, Vietnam.
Dien Quang JSC management
9- Mr. Toan Quoc TranGeneral Director & Member of Board of Management Board
- Mr. Thang Ho DuongDeputy General Director, Member of Board of Management Board & Director
- Ms. Nga Thai NguyenDeputy CEO, Deputy General Director, Member of Board of Management Board & Director
- Mr. Trung Thanh NguyenChief Legal Officer & Secretary
- Mr. Le Thai Quynh NguyenDeputy General Director & Member of Board of Management Board
- Ms. Chi Thi Kim LeChief Accountant
- Mr. Le Minh PhamChief Technology Officer
- Ms. Hien Thi PhamHR Director
- Mr. Hien Ba NgoHead of Dien Quang Lamp-Nam Me Kong distribution warranty Center