AN PHAT BIOPLASTICS JOINT STOCK COMPANY

AN PHAT BIOPLASTICS JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN NHỰA AN PHÁT XANH) is a publicly held joint stock company, registered under tax code 0800373586. Established in 2007, the company specializes in manufacturing plastic products and packaging. It is listed on the Ho Chi Minh Stock Exchange (HOSE) under the stock symbol AAA.

With 2,927 employees, the company operates from Hai Duong Province, Vietnam, and maintains offices in Hanoi. AN PHAT BIOPLASTICS JOINT STOCK COMPANY is one of the key players in Vietnam’s plastic manufacturing sector, focusing on biodegradable plastics, synthetic rubber, and industrial packaging.

Financial Performance and Key Insights

The company reported a 17.45% decline in revenue in 2023, signaling a possible slowdown in demand or market challenges. However, profitability rebounded sharply, increasing by 163.61%, despite a 3.36% drop in owner’s equity.

Notable Financial Trends

• Total assets grew by 7.3%, indicating continued investment and expansion.
• Sales dropped significantly, suggesting weaker market demand or competitive pressures.
• Profitability improved substantially, which may result from cost optimizations or increased efficiency rather than revenue growth.

For a deeper financial breakdown, debt analysis, and cash flow insights, VANGUARD BUSINESS INFORMATION LLC (VBI) provides a comprehensive credit report on AN PHAT BIOPLASTICS JOINT STOCK COMPANY.

Business Operations and Market Scope

The company engages in a wide range of business activities, including:

• Manufacturing and trading of plastic packaging and plastic products
• Trading raw materials for the plastic industry
• Industrial zone infrastructure investment
• Wholesale of machinery, textiles, and household products
• Materials recovery and recycling

The diverse business model helps AN PHAT BIOPLASTICS JOINT STOCK COMPANY expand revenue sources but also increases complexity in financial management and market positioning.

Leadership and Ownership

The company is chaired by Mr. Nguyen Le Thang Long, with Mr. Nguyen Le Trung as General Director. Its largest shareholder is AN PHAT HOLDINGS JOINT STOCK COMPANY, holding 50.17% ownership, followed by PYN ELITE FUND with 4.98% ownership.

For a full shareholder structure, governance model, and management insights, purchasing VBI’s detailed credit report is recommended.

Challenges and Future Outlook

• Revenue Decline: A 17.45% drop in sales raises concerns about market competitiveness or demand fluctuations.
• Profit Volatility: While profitability surged, the company’s financial performance remains inconsistent, requiring stronger cost control measures.
• High Industry Competition: The plastic manufacturing industry is highly competitive, especially with increasing environmental regulations and market shifts toward biodegradable alternatives.

For a complete financial risk assessment, stock market performance analysis, and investment outlook, VBI’s credit report on AN PHAT BIOPLASTICS JOINT STOCK COMPANY provides comprehensive insights.