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ALWAYS CO., LTD

Active

Business ID 0302035390

84-28 / 3770 1500

ALWAYS CO., LTD

Active

Business ID 0302035390

84-28 / 3770 1500

ALWAYS CO., LTD

Active

Summary

Name:

ALWAYS CO., LTD

Business ID (TIN):

0302035390

Date of Registration:

09 Jun 2000

Registered Office:

Ho Chi Minh City Department of Planning and Investment

Address:

Lot AM 43a-44a-45-50, Tan Thuan Street, Tan Thuan Export Processing Zone, Tan Thuan Dong Ward, District 7, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3770 1500

Fax:

(84-28) 3770 1456

Financial Statement:

2020, 2021, 2022, 2023, 2024

ALWAYS CO., LTD
CÔNG TY TRÁCH NHIỆM HỮU HẠN ALWAYS

Based in the Tan Thuan Export Processing Zone of District 7, Ho Chi Minh City, ALWAYS is a foreign-invested enterprise (FDI) that has been actively contributing to Vietnam’s industrial landscape for over 25 years. Established on 09 June 2000, the company specializes in the processing and assembly of bicycles, electric bicycles, motorcycles, sports bikes, and related accessories—marking its strong presence in the manufacturing sector under the classification of “Other manufacturing n.e.c.”

Chaired and managed by Mr. Chuang C. K., a Taiwanese national, ALWAYS operates under the legal structure of a one-member limited liability company. The firm’s registered charter capital stands at approximately USD 27.6 million, while its paid-up capital reached over USD 34.3 million as of the end of 2023. It is wholly owned by IRONMAN CO., LIMITED, a company incorporated in the British Virgin Islands, reflecting its status as a 100% foreign-owned manufacturing entity.

Despite its robust capital base and operational scale, the company has recently encountered financial headwinds. In the fiscal year ending December 2024, its total assets declined to USD 134.9 million—a notable 19.5% drop from the previous year. Revenues also slipped to USD 102.6 million, down nearly 9%, following a steeper 29% plunge in 2023. While the net loss narrowed from over USD 4 million in 2023 to USD 3.1 million in 2024, the company has now recorded two consecutive years of negative profit after a peak performance in 2022. Nevertheless, its equity base remained relatively stable at USD 33.3 million, suggesting a resilient capital foundation even amid challenging business cycles.

ALWAYS maintains both a registered office and a transaction office within the Tan Thuan EPZ. The manufacturing location covers multiple lots across Road 16 and Tan Thuan Street, providing extensive production capacity. Its long-standing activity in Vietnam and its integrated infrastructure place it in a strong position to rebound once market conditions stabilize.

The company’s continued investment in local operations and diversified assembly lines underscores its long-term vision and commitment to the Vietnamese manufacturing ecosystem. For clients or partners interested in deeper due diligence, VANGUARD BUSINESS INFORMATION LLC (VNBIS) provides comprehensive financial and operational insights through its tailored reports.

Legal Profile

English Name:

ALWAYS CO., LTD

Vietnamese Name:

CÔNG TY TRÁCH NHIỆM HỮU HẠN ALWAYS

Short Name:

ALWAYS

Business ID (TIN):

0302035390

Date of Registration:

09 Jun 2000

Registered Office:

Ho Chi Minh City Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

CHUANG, C

Address:

Lot AM 43a-44a-45-50, Tan Thuan Street, Tan Thuan Export Processing Zone, Tan Thuan Dong Ward, District 7, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3770 1500

Fax:

(84-28) 3770 1456

Registration Address:

Zone A, Lot P.65-66-01-15b, Lot P.63-64-02-04-06-08-10-12b and Lot P.12a-14-16b, Road 16, Tan Thuan Export Processing Zone, Tan Thuan Dong Ward, District 7, Ho Chi Minh City, Vietnam

Business Sector

Key business lines:

VSIC:

3290 Other manufacturing n.e.c.

NACE:

32.99 Other manufacturing n.e.c.

Industry Sales Growth

CAGR (2019 - 2023)

-3.40%

YoY (2023)

-2.40%

Companies by industry

Company distribution and propportions

13,777

0.4739%

Key Industry Players

Top 10 companies in other manufacturing n.e.c. industry

ever global (viet nam) enterprise corporation always co., ltd aroma bay candles company limited 3m vietnam limited aidi vietnam candles arts & crafts company limited minebea accesssolutions vietnam ltd. timberland company limited samju vina company limited techtronic industries vietnam manufacturing company limited fortune brands security co., ltd

Payment History

Purchase the report to access company details.

Financial Performance

Assets	-70.14%
Owner’s Equity	-96.93%
Working Capital	59.04%
Net Worth	-97.08%
Sales	91.50%
Operating income	-87.04%
EBIT	36.50%
Gross Profit Margin	30.56%
Debt to EBITDA	-1.09%

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Specific Questions About ALWAYS CO., LTD

When did ALWAYS CO., LTD start operating?

ALWAYS CO., LTD was started in 09 Jun 2000

What industry does ALWAYS CO., LTD operate in?

ALWAYS CO., LTD is operating in "Other manufacturing n.e.c." industry

How can I contact ALWAYS CO., LTD?

ALWAYS CO., LTD phone numbers is 84-28 / 3770 1500

What adverse news is there about ALWAYS CO., LTD?

ALWAYS CO., LTD’s has 2 bad news

What is stock symbol of ALWAYS CO., LTD?

ALWAYS CO., LTD is not listed company

Where is the location of ALWAYS CO., LTD?

ALWAYS CO., LTD is located at Lot AM 43a-44a-45-50, Tan Thuan Street, Tan Thuan Export Processing Zone, Tan Thuan Dong Ward, District 7, Ho Chi Minh City, Vietnam

What is ALWAYS CO., LTD’s business registration?

ALWAYS CO., LTD business registration is 0302035390

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