ALERON VIET NAM FOOTWEAR LIMITED

ALERON VIET NAM FOOTWEAR LIMITED (Vietnamese name: CÔNG TY TNHH GIÀY ALERON VIỆT NAM) is a foreign-invested limited liability company registered under Business ID 2801572588. The company’s head office is located at Hoang Long Industrial Park, Tao Xuyen Ward, Thanh Hoa City, Thanh Hoa Province, Vietnam.

Established on 02 June 2010, ALERON VIET NAM FOOTWEAR LIMITED has more than 15 years of operational history in Vietnam’s footwear manufacturing industry. The company maintains an active legal status and operates with a large workforce of approximately 11,000 employees, positioning itself as a major employer in Thanh Hoa Province.

Business Activities and Industry Position

ALERON VIET NAM FOOTWEAR LIMITED specializes in the manufacture of sports footwear, serving export-oriented markets. In addition to footwear production, the company is licensed to wholesale machinery and engage in certain other manufacturing activities, supporting its vertically integrated production model.

The company is 100% owned by NICE ELITE INTERNATIONAL LIMITED (Hong Kong), reinforcing its FDI profile and connection to regional manufacturing supply chains. With a charter capital exceeding USD 66 million, ALERON demonstrates substantial long-term capital commitment in Vietnam.

Management

The company is led by Chang C. P., serving as Chairman cum General Director. Supporting executive management are Tseng J. H. and Lo H. S., both serving as Deputy General Directors. The leadership team reflects strong international management involvement, particularly from Taiwanese and Chinese backgrounds.

Financial Highlights and Risk Considerations

ALERON VIET NAM FOOTWEAR LIMITED reports total assets of approximately USD 98 million, reflecting steady asset growth and operational scale. Owner’s equity stands at around USD 65 million, indicating a solid capital base and relatively low leverage structure.

Total sales are recorded at nearly USD 74 million, indicating a notable recovery following a prior decline. The company returned to profitability, reporting a net profit of approximately USD 560 thousand, marking a significant improvement from the prior loss period.

Working capital has increased sharply to about USD 39.6 million, signaling strong liquidity and improved short-term financial stability. This level of positive working capital suggests the company maintains sufficient current assets to support its large-scale manufacturing operations.

However, profit margins remain relatively thin compared to the company’s asset and revenue size. Historical volatility in revenue and earnings indicates sensitivity to global footwear demand, fluctuations in export markets, and production cost pressures. Maintaining margin efficiency and cost competitiveness will be critical for long-term sustainability.

Overall Assessment

ALERON VIET NAM FOOTWEAR LIMITED is a large-scale FDI footwear manufacturer with strong capital backing, substantial workforce scale, and improving financial performance. While revenue has rebounded and liquidity is strong, profitability remains moderate relative to operational size.

For investors, suppliers, and credit partners seeking deeper financial due diligence, ownership transparency, liquidity benchmarking, and a comprehensive financial risk assessment, the updated, detailed company report available at VNBIS.COM provides valuable insights and credit intelligence.