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AMECC MECHANICAL CONSTRUCTION JOINT STOCK COMPANY

Active

Business ID 0200786983

84-225 / 3922 786

AMECC MECHANICAL CONSTRUCTION JOINT STOCK COMPANY

Active

Business ID 0200786983

84-225 / 3922 786

AMECC MECHANICAL CONSTRUCTION JOINT STOCK COMPANY

Active

Summary

Name:

AMECC MECHANICAL CONSTRUCTION JOINT STOCK COMPANY

Business ID (TIN):

0200786983

Date of Registration:

01 Feb 2008

Registered Office:

Hai Phong City Department of Planning and Investment

Ticker:

AMS

Address:

Km 35, National Road 10, Quoc Tuan Commune, An Lao District, Hai Phong City, Vietnam

Phone:

84-225 / 3922 786

Financial Statement:

2020, 2021, 2022, 2023, 2024

Established in 2008 and headquartered in Hai Phong City, AMECC MECHANICAL CONSTRUCTION JOINT STOCK COMPANY is a leading Vietnamese enterprise in the mechanical construction sector. The company is active in machining and fabricating steel structures, pressure pipeline systems, and non-standard industrial equipment. With over 1,100 employees and an expanding national footprint, AMECC serves clients across Vietnam and internationally in energy, shipbuilding, and heavy industry sectors.

AMECC is publicly listed on the UpCOM exchange under the stock symbol AMS and maintains representative offices in both Hanoi and Ho Chi Minh City. The company operates with a charter capital of approximately USD 24.6 million, fully paid in.

Ownership and Management

The company’s largest shareholder is SANKYU INC. (Japan), holding a 35.05% stake, reflecting strong international collaboration and technical backing. Key Vietnamese shareholders include General Director Nguyen V. T. (19.09%) and Chairman Nguyen V. N. (17.32%). This balanced ownership structure ensures a blend of global expertise and local operational leadership.

Financial Performance (2023)

AMECC achieved USD 123.4 million in revenue in 2023, reflecting a 14.6% increase from the previous year. This marks a reversal from two years of slight sales decline, signaling a recovery in project execution and new contracts. Profit after tax reached USD 2.16 million, a 35.8% year-over-year increase, highlighting improved cost control and margin stabilization.

Total assets grew significantly to USD 137.6 million, up 20.5%, while equity increased by nearly 58%, reaching USD 32.3 million. These figures suggest active reinvestment and strengthening of the company’s balance sheet. Working capital also improved markedly, climbing over 122%, pointing to better liquidity and operational efficiency.

Strategic Positioning

AMECC continues to pursue growth through strategic partnerships, high-quality manufacturing capabilities, and diversification of industrial services. Its core competencies in complex steel fabrication, EPC contracting, and maintenance services position it as a competitive player in infrastructure, energy, and export-oriented manufacturing projects.

Conclusion

AMECC MECHANICAL CONSTRUCTION JOINT STOCK COMPANY is demonstrating clear signs of financial recovery and operational expansion. With strengthened equity, diversified ownership, and strong international collaboration, AMECC appears well-positioned for continued growth in Vietnam’s industrial and mechanical construction sectors. Its improved profitability and asset base in 2023 reflect sound governance and strategic execution in a challenging but opportunity-rich environment.

Legal Profile

English Name:

AMECC MECHANICAL CONSTRUCTION JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN CƠ KHÍ XÂY DỰNG AMECC

Short Name:

AMECC JSC.

Business ID (TIN):

0200786983

Date of Registration:

01 Feb 2008

Registered Office:

Hai Phong City Department of Planning and Investment

Ticker:

AMS

Ownership Status:

Publicly held

Operation Status:

Active

Contacts

Key Decision Makers:

+ NGUYEN V.N

+ NGUYEN V.T

+ LE M.T

+ NGUYEN H.P

Address:

Km 35, National Road 10, Quoc Tuan Commune, An Lao District, Hai Phong City, Vietnam

Phone:

84-225 / 3922 786

Representative office:

No. 127B, Dinh Tien Hoang Street, Gia Dinh Ward, Ho Chi Minh City, Vietnam

Representative office:

No. 60, Lane 69, Bui Huy Bich Street, Hoang Mai Ward, Ha Noi City, Vietnam

Business Sector

Key business lines:

VSIC:

2592 Machining; treatment and coating of metals

NACE:

25.6 Treatment and coating of metals; machining

Industry Sales Growth

CAGR (2019 - 2023)

5.30%

YoY (2023)

1.27%

Companies by industry

Company distribution and propportions

19,790

0.6806%

Key Industry Players

Top 10 companies in machining; treatment and coating of metals industry

ns bluescope vietnam limited ton dong a corporation cl-th steel limited liability company amecc mechanical construction joint stock company minh ngoc company limited smc tan tao company limited siba high-tech mechanical group joint stock company qh plus steel structure corporation yongjin metal technology (vietnam) company limited the anh steel company limited

Payment History

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Financial Performance

Assets	-7.69%
Owner’s Equity	-46.90%
Working Capital	10.47%
Net Worth	-31.27%
Sales	79.66%
Operating income	-51.48%
EBIT	-13.07%
Gross Profit Margin	-27.80%
Debt to EBITDA	8.64%

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Opinion from Analysts

Specific Questions About AMECC MECHANICAL CONSTRUCTION JOINT STOCK COMPANY

When did AMECC MECHANICAL CONSTRUCTION JSC start operating?

AMECC MECHANICAL CONSTRUCTION JSC was started in 01 Feb 2008

What industry does AMECC MECHANICAL CONSTRUCTION JSC operate in?

AMECC MECHANICAL CONSTRUCTION JSC is operating in "Machining; treatment and coating of metals" industry

How can I contact AMECC MECHANICAL CONSTRUCTION JSC?

AMECC MECHANICAL CONSTRUCTION JSC phone numbers is 84-225 / 3922 786

What adverse news is there about AMECC MECHANICAL CONSTRUCTION JSC?

AMECC MECHANICAL CONSTRUCTION JSC’s has 3 bad news

What is stock symbol of AMECC MECHANICAL CONSTRUCTION JSC?

AMECC MECHANICAL CONSTRUCTION JSC’s stock symbol is AMS

Where is the location of AMECC MECHANICAL CONSTRUCTION JSC?

AMECC MECHANICAL CONSTRUCTION JSC is located at Km 35, National Road 10, Quoc Tuan Commune, An Lao District, Hai Phong City, Vietnam

What is AMECC MECHANICAL CONSTRUCTION JSC’s business registration?

AMECC MECHANICAL CONSTRUCTION JSC business registration is 0200786983

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AMECC MECHANICAL CONSTRUCTION JOINT STOCK COMPANY