TLG

HOSEConsumer Goods

Thiên Long Joint Stock Company Group

Original Name: Công ty Cổ phần Tập đoàn Thiên Long

Reference Price49.800 ₫

Interactive Stock Chart

Exchange Ticker: HOSE:TLG

Listing Information

Exchange MarketHOSE

Live SectorVăn phòng phẩm

First Trading Date26/03/2010

First Close Price₫35,000

Capital Structure

Charter Capital965.28 Billion VND

Listed Shares96,528,340

Outstanding Shares96,528,340

Treasury Shares-

Professional Advisors & Auditors

Independent Auditing History

Fiscal Year	Auditing Organization
2025	PwC Vietnam Co., Ltd.
2024	PwC Vietnam Co., Ltd.
2023	PwC Vietnam Co., Ltd.
2022	PwC Vietnam Co., Ltd.
2021	PwC Vietnam Co., Ltd.
2020	PwC Vietnam Co., Ltd.
2019	Deloitte Vietnam Co., Ltd.
2018	Deloitte Vietnam Co., Ltd.

IPO & Listing Consultant

Securities Bảo Việt JSCListing Ticker Symbol: BVS

Detailed Corporate Timeline & Sectors

Establishment History:

1981: Thien Long ballpoint pen facility was established with the first ballpoint pen product.
1996: Thien Long Production - Trading Co., Ltd. was officially established, marking a new stage of development in improving product quality, production productivity, and diversifying product designs. Advanced production technology is applied to the production process, with many modern equipment.
Year 2000: New factory in Tan Tao Industrial Park (Binh Tan District) came into operation.
2001: Awarded ISO 9002 quality certificate by DNV (Norway).
2003: Increased factory area from 0.5 hectares to more than 1.6 hectares, re-certified with ISO certificate according to the new version (ISO 9001:2000).
2005: Thien Long Production - Trading Company Limited converted into Thien Long Production - Trading Joint Stock Company with charter capital of 100 billion VND.
In 2006: The company increased its charter capital to 120 billion VND, established Thien Long Long Thanh Production - Trading Company Limited with a charter capital of 40 billion VND, achieved certification of ISO 14001:2004 Environmental Management System standards, OHSAS 18001 Occupational Health and Safety standards, SA 8000 Social Responsibility standards, Safety standards security CTPAT...
2007: Established Thien Long Hoan Cau Trading - Service Company Limited, specializing in stationery business, with charter capital of 20 billion VND.
2008: Initial public offering (IPO) increased charter capital to 155 billion VND.
Year 2010: On March 26, 2010, TLG shares were officially listed on the Ho Chi Minh City Stock Exchange (HOSE).
Year 2012-2016: Apply SAP - ERP system. After issuing shares in the form of dividends and bonus shares, charter capital increased from 177 billion VND to 383 billion VND.
2018: Charter capital increased to 657 billion VND, completing the export map in Southeast Asia.
Year 2019-2020: Established a trading company in Singapore, FlexOffice Pte. Ltd.
Charter capital increased to 778 billion VND.
2022: Increase capital contribution at Nam Thien Long Production - Trading Co., Ltd. to 650 billion VND; Inauguration of new factory B2 belonging to Thien Long Long Thanh Production - Trading Company Limited; Contribute capital (25% of charter capital) to establish Pega Holding Company; FlexOffice Pte. Ltd. Contributing capital (60% of charter capital) to establish ICCO Marketing (M) SDN. BHD; Tan Luc Southern Company Limited contributes capital (70% of charter capital) to establish Clever World Joint Stock Company.
2023: Thien Long promotes presence in 71 countries around the world. Charter capital increased to 786 billion VND.
2024: Thien Long achieves highest revenue and profit ever. Capitalization reached 220 million USD. Brand value reaches ~40 million USD. Charter capital increased to 864 billion VND. Increase capital contribution at Tan Luc Southern Company Limited from 80 billion VND to 150 billion VND.

Business Sectors:

Production and sales of stationery, school supplies, plastic teaching aids, plastic household goods, label printing, tampon (pad) printing, silk printing, flexo printing and foil pressing on products.

Address: 10th Floor, Sofic Tower, No. 10 Mai Chi Tho Street, An Khanh Ward, Ho Chi Minh City, Vietnam.

Phone: +(84.28) 3750 5555 - Fax: +(84.28) 3750 5577

Disclosure Officer:

Email: [email protected]

Website: http://www.thienlonggroup.com/

Ratio / Financial Indicator	2022	2023	2024	2025
Earnings Per Share (EPS)	₫4,154	₫3,690	₫4,767	₫4,611
Price-to-Earnings (P/E)	11.99x	13.50x	10.45x	10.80x
Book Value Per Share (BVPS)	₫20,283	₫21,693	₫24,316	₫26,134
Price-to-Book (P/B)	2.46x	2.30x	2.05x	1.91x
Return on Equity (ROE)	20.48%	17.01%	19.61%	17.64%
Return on Assets (ROA)	13.97%	12.68%	13.70%	12.47%
Net Profit Margin	11.39%	10.29%	12.24%	10.66%
Debt-to-Equity Ratio	0.47	0.34	0.43	0.41
Current Ratio	2.57	3.15	2.71	2.72

Audited Financial Statements

Source: KB Securities (KBS) Datafeed • Updated dynamically

Show absolute values (VND)

Doanh thu thuần về bán hàng và cung cấp dịch vụNet revenue

+18.5% YoY

Lợi nhuận sau thuế thu nhập doanh nghiệpNet profit after tax

+11.0% YoY

TỔNG CỘNG TÀI SẢNTOTAL ASSETS

+24.4% YoY

Financial Indicator (VND)	2025	2024	2023	2022
1. Doanh thu bán hàng và cung cấp dịch vụ 1. Revenue	4,186,212,267,000	3,772,752,572,000	3,496,671,801,000	3,550,405,692,000
2. Các khoản giảm trừ doanh thu2. Deduction from revenue	12,282,129,000	14,167,235,000	34,798,584,000	29,547,743,000
3. Doanh thu thuần về bán hàng và cung cấp dịch vụ3. Net revenue	4,173,930,139,000	3,758,585,337,000	3,461,873,216,000	3,520,857,949,000
4. Giá vốn hàng bán 4. Cost of goods sold	2,105,352,140,000	2,083,184,661,000	1,949,334,545,000	1,996,781,933,000
5. Lợi nhuận gộp về bán hàng và cung cấp dịch vụ5. Gross profit	2,068,577,998,000	1,675,400,676,000	1,512,538,671,000	1,524,076,016,000
6. Lãi/Lỗ của hoạt động bán, thanh lý bất động sản đầu tư6. Gain/(Loss) on disposal of investment property	-	-	-	-
7. Doanh thu hoạt động tài chính 7. Financial income	56,923,913,000	58,322,770,000	48,462,393,000	62,117,465,000
8. Chi phí tài chính 8. Financial expenses	35,647,807,000	28,050,598,000	25,638,775,000	29,129,203,000
Trong đó: Chi phí đi vay Of which: Interest expense	21,879,954,000	13,516,023,000	17,849,958,000	8,881,717,000
8. Phần lãi/lỗ trong công ty liên doanh, liên kết8. Share of associates and joint ventures' result	2,197,435,000	1,200,000,000	-4,000,000,000	-
9. Chi phí bán hàng 9. Selling expenses	1,238,932,070,000	769,661,526,000	740,549,102,000	738,522,526,000
10. Chi phí quản lý doanh nghiệp 10. General and administrative expenses	330,162,565,000	357,185,352,000	346,843,180,000	319,389,280,000
11. Lợi nhuận thuần từ hoạt động kinh doanh11. Operating profit	522,956,904,000	580,025,970,000	443,970,008,000	499,152,473,000
12. Thu nhập khác 12. Other income	55,479,915,000	10,939,784,000	9,198,977,000	10,163,649,000
13. Chi phí khác 13. Other expenses	6,455,034,000	4,105,148,000	1,206,329,000	2,649,474,000
14. Lợi nhuận khác14. Other profit	49,024,881,000	6,834,636,000	7,992,648,000	7,514,175,000
Phần lợi nhuận/lỗ từ công ty liên kết liên doanhShare of associates and joint ventures' result	-	-	-	-
15. Tổng lợi nhuận kế toán trước thuế15. Profit before tax	571,981,785,000	586,860,606,000	451,962,656,000	506,666,648,000
16. Chi phí thuế TNDN hiện hành16. Current corporate income tax expenses	121,700,050,000	114,197,366,000	93,999,786,000	122,426,717,000
17. Chi phí thuế TNDN hoãn lại 17. Deferred income tax expenses (*)	5,225,047,000	12,465,382,000	1,788,597,000	-16,697,469,000
18. Lợi nhuận sau thuế thu nhập doanh nghiệp18. Net profit after tax	445,056,689,000	460,197,857,000	356,174,273,000	400,937,401,000
Lợi ích của cổ đông thiểu sốMinority Interest	-1,418,198,000	-1,469,886,000	-2,766,265,000	-433,491,000
Lợi nhuận sau thuế của cổ đông của Công ty mẹProfit after tax for shareholders of parent company	446,474,887,000	461,667,744,000	358,940,537,000	401,370,891,000
19. Lãi cơ bản trên cổ phiếu (VNÐ)19. Earnings per share (VND)	3,993	4,806	4,147	4,643
20. Lãi suy giảm trên cổ phiếu (*)20. Diluted earnings per share	4,000	5,000	4,000	5,000

Data Source & Disclaimer

Data Source: Financial statement data is automatically aggregated from official disclosure feeds of listed companies through the analysis system of KB Securities Vietnam JSC (KB Securities).

Disclaimer: All financial data displayed on this website is provided for general reference purposes only. We make every effort to update accurate data but do not provide any warranty regarding its completeness or absolute reliability. The displayed figures do not constitute investment advice or an offer to trade securities. Users assume all risks and responsibilities for any financial decisions made based on the data on this website.

TLG

Thiên Long Joint Stock Company Group

Interactive Stock Chart

Listing Information

Capital Structure

Professional Advisors & Auditors

Independent Auditing History

IPO & Listing Consultant

Detailed Corporate Timeline & Sectors

Key Financial Ratios (2025)

Historical Financial Metrics (YoY)

Financial Ratios Reference & Interpretation Guide

Audited Financial Statements

TLG — Financial Data Summary (2022–2025)

Executive Summary

Operating Performance & Profitability

Asset Structure & Financial Leverage

Cash Flow Quality