RAL.VN Rangdong Light source and Vacuum flask JSC
- Market cap
- VND 1.70T
- P/E
- 4.0x
- P/B
- 0.49x
- ROE
- 13.4%
- Dividend yield
- 6.61%
- Fundamental score
- 3.2/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is RAL.VN undervalued?
Graham numberThe Graham number of Rangdong Light source and Vacuum flask JSC cannot be estimated reliably (the estimate is too far from the market price).
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?
Rangdong Light source and Vacuum flask JSC fundamental analysis
15 of 22 checks passedROE 1/2
Moderate return on equity (13.4%), between 10% and 20%.
ROA 1/1
Return on assets (5.0%) is above the industry median (4.2%).
Profit Consistency 2/2
Profitable for 6 consecutive years.
Earnings Growth 5Y 0/1
Earnings per share did not grow over the past 5 years.
Earnings Acceleration 0/1
Last year's EPS growth (-39.1%) is not above the 5-year average (-7.3% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (-39.1%) is below the industry median (4.9%).
Revenue Growth 0/2
Revenue shrank 2.7% 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 (0.0%), 40% or less.
Debt Trend 1/1
Debt to equity has not risen over the past 5 years.
Debt Coverage 1/1
Operating cash flow covers 20% of total debt.
Interest Coverage 0/1
EBIT is 4.9x against interest expense, below 5x.
PE vs Market 1/1
PE (4.0x) is below the market median (11.2x).
PE vs Industry 1/1
PE (4.0x) is below the industry median (20.1x).
PBV 1/1
Price to book (0.5x) is below the industry median (2.5x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 1.9, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 2/2
Dividend yield (6.6%) is in the top 25% of dividend payers in the market.
Dividend Stability 0/2
Dividends were not paid steadily for the past 5 years.
Dividend Growth 1/1
Dividends paid grew over the past 5 years.
Payout Ratio 1/1
Payout ratio is 31.0%, 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
Rangdong Light source and Vacuum flask JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Rangdong Light source and Vacuum flask JSC
Rang Dong Light Source & Vacuum Flask Joint Stock Company manufactures and sells general lighting products in Vietnam. The company offers lamps and tubes; indoor luminaires, including LED panels, battens, ceiling products, cross and linear lights, parking and high bay lights, downlights, and track lights, as well as LED home lighting products; and outdoor luminaires, such as LED flood and streetlights. It also provides professional lighting solutions comprising LED grow ligh…
Full company profileRangdong Light source and Vacuum flask 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.
Rangdong Light source and Vacuum flask 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 | - | 4.92T | 5.71T | 6.91T | 8.32T | 8.36T | 6.36T | 6.74T |
| Gross Profit | - | 1.51T | 1.68T | 1.83T | 2.01T | 1.91T | 1.45T | 1.69T |
| Operating Income | - | 487B | 550B | 690B | 720B | 725B | 505B | 647B |
| EBITDA | - | - | - | 775B | 821B | 813B | 625B | 754B |
| Net Income | - | 336B | 398B | 486B | 584B | 593B | 361B | 467B |
| EPS | - | 22,412 | 25,292 | - | 24,813 | 25,187 | 15,336 | 19,848 |
| Balance Sheet | ||||||||
| Total Assets | - | 4.03T | 5.39T | 6.72T | 7.75T | 8.31T | 8.14T | 9.30T |
| Total Liabilities | - | 2.95T | 4.02T | 4.09T | 4.78T | 5.01T | 4.74T | 5.82T |
| Shareholders' Equity | - | 1.08T | 1.37T | 2.62T | 2.97T | 3.30T | 3.40T | 3.48T |
| Cash & Short-term Investments | - | 979B | 950B | 796B | 802B | 1.57T | 1.85T | 2.49T |
| Cash Flow | ||||||||
| Operating Cash Flow | 70.1B | 8.19B | -238B | -931B | -589B | 546B | 1.47T | 937B |
| Capital Expenditure | 80.5B | 88.4B | 216B | 113B | 106B | 141B | 465B | 530B |
| Free Cash Flow | - | -80.2B | -454B | -1.04T | -695B | 404B | 1.00T | 406B |
| Ratios | ||||||||
| ROE | - | 31.1% | 29.1% | 18.5% | 19.6% | 18.0% | 10.6% | 13.4% |
| ROA | - | 8.3% | 7.4% | 7.2% | 7.5% | 7.1% | 4.4% | 5.0% |
| Net Profit Margin | - | 6.8% | 7.0% | 7.0% | 7.0% | 7.1% | 5.7% | 6.9% |
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.
Rangdong Light source and Vacuum flask JSC dividends
- Dividend yield
- 6.61%
- Forward dividend
- 5,000.00 VND
- Payout ratio
- 31.0%
- Ex-dividend date
- Aug 18, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 112B | 4,762 | 31.0% |
| 2024 | VND 82.5B | 3,503 | 13.9% |
| 2023 | VND 116B | 4,936 | 19.9% |
| 2022 | VND 145B | - | 29.8% |
| 2021 | VND 30.2B | 1,917 | 7.6% |
| 2020 | VND 57.5B | 3,834 | 17.1% |
| 2019 | VND 57.5B | - | - |
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: 459:352 on Dec 28, 2021.
Who owns Rangdong Light source and Vacuum flask JSC
- Insiders 66.24%
- Institutions 0.00%
- Public & others 33.76%
- Shares outstanding 23.5M
- Free float 18.8M
Rangdong Light source and Vacuum flask JSC company profile
- Company name
- Rangdong Light source and Vacuum flask JSC
- Ticker
- RAL.VN
- ISIN
- VN000000RAL5
- Exchange
- Vietnam Stocks
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- Employees
- 2,515
- Fiscal year end
- December
- Address
- No. 87-89 Ha Dinh Street, Hanoi, Vietnam
- Phone
- 84 24 3858 4310
- Website
- rangdong.com.vn
About Rangdong Light source and Vacuum flask JSC
Rang Dong Light Source & Vacuum Flask Joint Stock Company manufactures and sells general lighting products in Vietnam. The company offers lamps and tubes; indoor luminaires, including LED panels, battens, ceiling products, cross and linear lights, parking and high bay lights, downlights, and track lights, as well as LED home lighting products; and outdoor luminaires, such as LED flood and streetlights. It also provides professional lighting solutions comprising LED grow light high bay lights, LED fishing lights, underwater lights, LED light for dragon fruit growing, and grow lights; human centric lighting products; smart home, city, and farm products. In addition, it is involved in producing and trading high-tech agriculture lighting, and producing and trading vacuum flasks; and producing, glass products and thermos, scientific and technical services, technology transfer, direct import and export, consulting and lighting design in civil and industrial sectors, repair and installation of lighting equipment in civil, and industrial sectors. Further it offers household appliances, renewable energy lighting products, and professional ODM/OEM services for lighting products. Rang Dong Light Source & Vacuum Flask Joint Stock Company was founded in 1958 and is headquartered in Hanoi, Vietnam.
Rangdong Light source and Vacuum flask JSC management
6- Mr. Tuong Trung TranDeputy CEO & Chairman
- Mr. Thang Doan NguyenCEO & Director
- Mr. Ket Doan NguyenVice Chairman & Deputy CEO
- Mr. Chuong Thanh QuachDeputy Chief Executive Officer
- Mr. Kien Hoang NguyenDeputy CEO & Director
- Mr. Hoang TrungCorporate Governance, Secretary, Shareholder Relationship & Chief Accountant