ADVANCED INTERNATIONAL MULTITECH (VIETNAM) CORPORATION LTD
ActiveADVANCED INTERNATIONAL MULTITECH (VIETNAM) CORPORATION LTD
ActiveADVANCED INTERNATIONAL MULTITECH (VIETNAM) CORPORATION LTD
ActiveSummary
ADVANCED INTERNATIONAL MULTITECH (VIETNAM) CORPORATION LTD, established on December 17, 2004, is a foreign-invested company (FDI) under Business ID: 3600711988, registered with the Dong Nai Department of Planning and Investment. The company’s head office and leading production site are located in Nhon Trach III Industrial Park (Formosa Subdivision), Hiep Phuoc Town, Nhon Trach District, Dong Nai Province, employing approximately 5,000 workers. With a charter capital of USD 28.13 million, it is a 100% subsidiary of Advanced International Multitech Co., Ltd., Taiwan, a globally recognized manufacturer of golf equipment and composite materials.
Under the leadership of Chairman Cheng H. C. and General Director Chen C. C., the company specializes in producing golf club shafts, heads, and complete golf sets, supplying major international brands across Asia, Europe, and North America. Beyond its core production, the company also engages in plastics manufacturing, textile weaving, and property trading, reflecting a diversified industrial portfolio.
Financially, ADVANCED INTERNATIONAL MULTITECH (VIETNAM) recorded total assets of USD 83.24 million in 2023, an increase of 19.9% compared with 2022. Owner’s equity remained stable at USD 21.34 million, while sales revenue decreased to USD 106.88 million, down 12.3% year-on-year, following a post-pandemic adjustment in global golf equipment demand. Despite this, the company’s long-term capital position remains solid. However, the year closed with a net loss of USD 539,130, reversing a profit of USD 2.95 million in 2022, signaling margin pressures from rising production costs and a slowdown in export orders.
The company’s working capital stood at USD –24.23 million, indicating liquidity constraints and increased reliance on supplier financing. Nevertheless, its asset expansion and workforce scale demonstrate an ongoing commitment to the Vietnamese market as a key manufacturing base.
In summary, ADVANCED INTERNATIONAL MULTITECH (VIETNAM) CORPORATION LTD is essential in the global sporting goods supply chain, particularly in high-end golf equipment manufacturing. While short-term profitability has been affected, its strong capital backing and operational capacity provide a foundation for future recovery.
For verified financial insights, partnership evaluations, or due diligence on this company, detailed Financial and Credit Reports are available from VNBIS (https://www.vnbis.com), a trusted provider of business intelligence that helps global clients minimize risks and make informed decisions when engaging with enterprises in Vietnam.
Legal Profile
Contacts
+ CHENG, H
+ CHEN C.C
+ CHANG C.H
+ NGUYEN T.T.D
Business Sector
Key business lines:
Industry Sales Growth
18.59%
2.89%
Companies by industry
287
0.0099%
Key Industry Players
Payment History
Financial Performance
| Assets | -80.78% |
| Owner’s Equity | 8.19% |
| Working Capital | 14.17% |
| Net Worth | 12.39% |
| Sales | -53.73% |
| Operating income | 53.05% |
| EBIT | 63.42% |
| Gross Profit Margin | 78.72% |
| Debt to EBITDA | -40.53% |