QH INVESTMENT JOINT STOCK COMPANY

QH INVESTMENT JOINT STOCK COMPANY, Business ID 0316132940, is an active Vietnamese enterprise operating from the 4th Floor, G8 Golden Building, 113–115 Ung Van Khiem, Ward 25, Binh Thanh District, Ho Chi Minh City. The company engages primarily in the wholesale of metals and metal ores, positioning itself within one of Vietnam’s most volatile and economically sensitive sectors.

Established on 07 February 2020, QH INVESTMENT JSC has exceeded five years of operation—long enough for the company to show clear patterns of growth, financial exposure, and internal capability. Governance is led by Nguyen L. D. Q., who serves as General Director, and is also a major shareholder holding 49 per cent of equity. Two additional shareholders—Dinh T. H. (49 per cent) and Phan T. T. (2 per cent)—complete the ownership structure.

Business Position and Operations

The company’s core activity, metals and ores wholesale, is inherently linked to global commodity cycles, construction activity, and manufacturing demand. Companies in this sector often operate with thin margins and high working-capital requirements, making financial discipline critical.

QH INVESTMENT JSC recorded USD 109.45 million in sales, indicating meaningful scale for a relatively young enterprise. Sales growth has been strong, particularly in 2024, with an 18.61% year-on-year increase, signaling persistent market demand and efficient distribution channels.

However, revenue growth alone does not reflect financial health—especially in a sector exposed to price volatility and cash-flow pressures.

Financial Outlook and Risk Considerations

The latest financial statements reveal a mixed performance:

• Total Assets declined sharply in 2024 from USD 84.14 million to USD 46.06 million, a 45.26% drop.

• Profit fell significantly, decreasing from USD 1.32 million to only USD 98,620, a 92.52% contraction.

• Equity, however, showed a slight increase of 1.16%, reaching USD 8.62 million.

This combination—shrinking assets and collapsing profits while equity rises slightly—often indicates restructuring, asset divestment, or tightened credit lines. It may also suggest liquidity pressure that typically affects trading firms that are heavily dependent on bank financing.

Working capital is modest at USD 8.61 million, insufficient for large-scale, high-frequency metals trading without strong banking relationships or supplier credit. The drastic decline in profitability also signals that the company’s gross margin or pricing power may have been squeezed during the period.

From a risk-management perspective, these indicators merit deeper due diligence before entering partnerships, especially considering:

• High exposure to global commodity price fluctuations

• Dependence on short-term funding

• Concentrated ownership structure

• Sharp volatility in both assets and profitability

These patterns underscore the importance of obtaining an updated, full-scope commercial intelligence report before any credit, procurement, or investment decision.

Governance and Shareholding Structure

The ownership is highly concentrated:

• Nguyen L. D. Q. – 49%

• Dinh T. H. – 49%

• Phan T. T. – 2%

Such a structure often allows fast decision-making but may increase governance risks due to limited checks and balances. For external partners, transparency, reporting quality, and credit behavior become essential areas for validation.

Why Independent Verification Matters

Given the notable fluctuations in financial performance and the capital-intensive nature of the metals sector, businesses pursuing partnerships with QH INVESTMENT JOINT STOCK COMPANY should ensure comprehensive due diligence.

Vanguard Business Information (VNBIS) specializes in providing independent risk assessment, business verification, litigation screening, and financial analysis for companies in Vietnam and worldwide. For investors, lenders, and procurement teams seeking clarity, an updated full report from VNBIS provides the intelligence needed to evaluate counterparties with confidence and minimize transactional risk.