中文

QCG

₫9,920
+0.00% 2026-09-15 · Close
AI Composite Signal
3.3 / 10
Bearish — 5-signal composite
Mkt Cap
3.1T
₫3.1T
P/E
18.0
P/B
0.7
ROE
3.7%
ROA
2.1%
EPS
647
Price Chart
What matters now

QCG (QCG) is a company in Vietnam's Real Estate sector, listed on HOSE. The stock last traded at 9,920 VND, little changed on the session, giving a market capitalization of 3.1 trillion VND.

On valuation, QCG trades at a price-to-earnings ratio of 18.0 and a price-to-book of 0.7. That is a discount to the Real Estate sector average P/E of 66.2. Return on equity of 3.7% points to weak profitability relative to the company's equity base, below the sector average of 11.0%. Trailing earnings per share stand at 647 VND.

Aveluro tracks 28 news items mentioning QCG, where recent coverage skews mixed (36% of articles). The most recent catalyst was an earnings beat event — "Quoc Cuong Gia Lai H1 Profit Jumps 18x on Hydropower Sale, Core Losses Persist". Aveluro's composite model rates QCG 3.3/10 (Bearish), blending news sentiment, price momentum, and fundamentals.

Comparable names in the Real Estate sector include AAV, AGG and API.

Latest catalyst

Quoc Cuong Gia Lai H1 Profit Jumps 18x on Hydropower Sale, Core Losses Persist

Recent Developments

Recent developments around QCG include 5 notable classified events. On Sep 02, 2026, an earnings beat was reported: QCG reported H1 2026 net profit of VND 182B, up 18x year-on-year, but core operations posted a loss of VND 15B. On Aug 16, 2026, a leadership change was reported: Quoc Cuong Gia Lai (QCG) replaced Nguyen Quoc Cuong with Lai The Ha as its capital representative at Ben Du Thuyen Da Nang, the Marina Complex developer, covering a 65.48% stake worth over VND 506 billion. On Aug 15, 2026, a leadership change was reported: Quoc Cuong Gia Lai (QCG) removed Nguyen Quoc Cuong as its capital representative at Da Nang Marina JSC, replacing him with Chairman Lai The Ha. On Aug 03, 2026, a market event was reported: QCG reported Q2 net profit of VND 165 billion, up 25x year-on-year, but the gain came from selling hydropower plants, not core operations, which posted a loss. On Aug 02, 2026, an earnings beat was reported: QCG reported Q2/2026 net profit of VND 167 billion, up 9,356% YoY, driven by a one-time gain from transferring hydropower plants.

Recent coverage shows a mixed sentiment balance across events.

AI Signal Breakdown
Bearish Neutral Bullish
3.3 / 10
Bearish
Sentiment
-1.00
Impact
0.30
Momentum
-0.69
Fundamentals
-0.30
Volume
0.71
Sentiment 30% · Impact 20% · Momentum 20% · Fundamentals 15% · Volume 15%
News Sentiment
28
Articles Analyzed
Mixed 10
Negative 9
Positive 5
Neutral 4
Recent News
Sep 02, 2026 Full Analysis Mixed earnings beat
QCG reported H1 2026 net profit of VND 182B, up 18x year-on-year, but core operations posted a loss of VND 15B. The gain came from selling three hydropower plants, while the company still owes VND 1,471B for the Bac Phuoc Kien project.
Aug 16, 2026 Full Analysis Neutral leadership change
Quoc Cuong Gia Lai (QCG) replaced Nguyen Quoc Cuong with Lai The Ha as its capital representative at Ben Du Thuyen Da Nang, the Marina Complex developer, covering a 65.48% stake worth over VND 506 billion. The move follows a Q2/2026 report showing revenue down 90% but net profit up to VND 167 billion, driven by a one-off gain of VND 242 billion.
Aug 15, 2026 Full Analysis Neutral leadership change
Quoc Cuong Gia Lai (QCG) removed Nguyen Quoc Cuong as its capital representative at Da Nang Marina JSC, replacing him with Chairman Lai The Ha. The change affects a 65.48% stake worth over VND 506 billion in the Marina Complex project, which has been stalled since 2019 amid regulatory checks.
Aug 03, 2026 Full Analysis Mixed earnings beat smallcap
QCG reported Q2 net profit of VND 165 billion, up 25x year-on-year, but the gain came from selling hydropower plants, not core operations, which posted a loss. The company still owes over VND 1,470 billion to Sunny Island, linked to the Phuoc Kien dispute.
Aug 02, 2026 Full Analysis Mixed earnings beat
QCG reported Q2/2026 net profit of VND 167 billion, up 9,356% YoY, driven by a one-time gain from transferring hydropower plants. Core revenue fell 91% to VND 11 billion, with no real estate revenue.
Aug 01, 2026 Full Analysis Mixed earnings beat
Quoc Cuong Gia Lai (QCG) reported Q2/2026 net profit of VND 167 billion, up 9,723% year-on-year, despite a 90% revenue decline, thanks to a one-off other gain of VND 242 billion. The company also paid an additional VND 111.4 billion to Sunny Island in July, reducing its related liability.
Jul 31, 2026 Full Analysis Positive earnings beat
POW reported Q2 2026 pre-tax profit of VND 4,152 billion, up 413% year-on-year, lifting H1 profit to VND 5,559 billion (+321%). VNZ also surged 701% in Q2, while BCM and DXS posted sharp declines, highlighting divergent earnings across HOSE-listed sectors.
May 24, 2026 Full Analysis Negative regulation change
Ho Chi Minh City has removed over 2,000 hectares of land from the pilot list for commercial housing projects under Resolution 171, citing planning and legal deficiencies. The decision impacts several listed developers, including Quoc Cuong Gia Lai (QCG) and Hoa Sen Group (HSG), whose proposed projects were excluded.
May 20, 2026 Full Analysis Negative regulation change
Ho Chi Minh City's Department of Agriculture and Environment has excluded 259 projects from its pilot land list, including those by THACO (THA), Quoc Cuong Gia Lai (QCG), Hoa Sen Group (HSG), and Sabeco (SAB). The exclusions stem from planning inconsistencies or incomplete documentation, potentially delaying or derailing these real estate developments.
May 20, 2026 Full Analysis Negative regulation change
THA, QCG, HSG, and HDC are among firms whose HCMC projects were excluded from the pilot commercial housing list under Resolution 171, as announced by the city's Department of Agriculture and Environment. The exclusions, due to planning or documentation gaps, delay potential land monetization and highlight regulatory hurdles in Vietnam's largest real estate market.
Related Stocks — Real Estate
Stock Analysis

By Aveluro Research Team · Editorial policy · Caveat: Not investment advice. · How Aveluro computed this

Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.

Last updated: 2026-09-15T16:22:54Z.