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DUONG HIEU TRADING AND MINING JOINT STOCK COMPANY

Active

Business ID 4600341471

84-208 / 3832 410

DUONG HIEU TRADING AND MINING JOINT STOCK COMPANY

Active

Business ID 4600341471

84-208 / 3832 410

DUONG HIEU TRADING AND MINING JOINT STOCK COMPANY

Active

Summary

Name:

DUONG HIEU TRADING AND MINING JOINT STOCK COMPANY

Business ID (TIN):

4600341471

Date of Registration:

30 Jun 2003

Registered Office:

Thai Nguyen Province Department of Finance

Ticker:

DHM

Address:

Group 5, Gia Sang Ward, Thai Nguyen Province, Vietnam

Phone:

84-208 / 3832 410

Financial Statement:

2020, 2021, 2022, 2023, 2024

At first glance, DUONG HIEU TRADING AND MINING JOINT STOCK COMPANY appears to be a booming enterprise. With reported revenue more than doubling within a year to over USD 112 million, the company may attract attention from investors, suppliers, or partners looking for growth stories in Vietnam’s industrial landscape. However, as a marketing team member at VANGUARD BUSINESS INFORMATION LLC (VNBIS), we believe it’s essential to look beneath the surface and give our clients a realistic, risk-aware picture — not just flashy top-line numbers.

Despite the rapid revenue growth, profitability remains alarmingly weak. Net profit for the year hovered around USD 245,000, less than 0.25% of revenue — a skinny margin by any standard. To put it in perspective, a company earning over one hundred million dollars in revenue but retaining less than half a million in profit should prompt immediate concern about cost structures, operational inefficiencies, or potential mismanagement.

This isn’t a one-off issue. While the profit did rise sharply compared to the previous year, it’s still far below historical levels. In 2021, the company posted more than ten times higher profits. That steep decline suggests a structural problem or increasing pressure from competition, costs, or non-core business distractions.

DHM’s activities span an extensive range from machinery, wholesale and mining, forestry, real estate, and even fertilizer manufacturing. This level of diversification might suggest flexibility, but it often signals a lack of strategic focus, which can dilute resources and management attention. In volatile industries like mining and machinery, such fragmentation could increase risk instead of mitigating it.

Even with significant asset growth and active status on the stock exchange, net worth has grown only modestly. Meanwhile, working capital remains limited, and employee headcount is relatively small for such high reported revenue, raising further questions about where and how value is truly being created.

At VNBIS, we specialize in uncovering these inconsistencies and helping clients differentiate hype from reality. Our independent reports are crafted to minimize your financial risk — not by selling feel-good stories, but by delivering the honest, critical insights you need. If you're considering any engagement with this company or others like it, we encourage you to obtain a full VNBIS report to see what the numbers tell you before it’s too late.

Legal Profile

English Name:

DUONG HIEU TRADING AND MINING JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN THƯƠNG MẠI & KHAI THÁC KHOÁNG SẢN DƯƠNG HIẾU

Short Name:

DƯƠNG HIẾU JSC

Business ID (TIN):

4600341471

Date of Registration:

30 Jun 2003

Registered Office:

Thai Nguyen Province Department of Finance

Ticker:

DHM

Ownership Status:

Publicly held

Operation Status:

Active

Contacts

Key Decision Makers:

NGUYEN T.D

Address:

Group 5, Gia Sang Ward, Thai Nguyen Province, Vietnam

Phone:

84-208 / 3832 410

Branch:

No. 1, Lane 30, Nghia Do Street, Nghia Do Ward, Ha Noi City, Vietnam

Branch:

Lot 1A14-6 and Lot 02A14-6, Bac Tuong Dai Residential Area, 2/9 Street, Hoa Cuong Ward, Da Nang City, Vietnam

Business Sector

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Key Industry Players

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Payment History

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Financial Performance

Assets	-68.85%
Owner’s Equity	-56.32%
Working Capital	-34.63%
Net Worth	-37.04%
Sales	-41.09%
Operating income	-78.26%
EBIT	-37.78%
Gross Profit Margin	27.29%
Debt to EBITDA	6.56%

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Specific Questions About DUONG HIEU TRADING AND MINING JOINT STOCK COMPANY

When did DUONG HIEU TRADING AND MINING JSC start operating?

DUONG HIEU TRADING AND MINING JSC was started in 30 Jun 2003

What industry does DUONG HIEU TRADING AND MINING JSC operate in?

DUONG HIEU TRADING AND MINING JSC don't share industry information

How can I contact DUONG HIEU TRADING AND MINING JSC?

DUONG HIEU TRADING AND MINING JSC phone numbers is 84-208 / 3832 410

What adverse news is there about DUONG HIEU TRADING AND MINING JSC?

DUONG HIEU TRADING AND MINING JSC’s has no negative news

What is stock symbol of DUONG HIEU TRADING AND MINING JSC?

DUONG HIEU TRADING AND MINING JSC’s stock symbol is DHM

Where is the location of DUONG HIEU TRADING AND MINING JSC?

DUONG HIEU TRADING AND MINING JSC is located at Group 5, Gia Sang Ward, Thai Nguyen Province, Vietnam

What is DUONG HIEU TRADING AND MINING JSC’s business registration?

DUONG HIEU TRADING AND MINING JSC business registration is 4600341471

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DUONG HIEU TRADING AND MINING JOINT STOCK COMPANY

DUONG HIEU TRADING AND MINING JOINT STOCK COMPANY

DUONG HIEU TRADING AND MINING JOINT STOCK COMPANY

Summary

Legal Profile

Contacts

Related Entity

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