PROLooking for more than just a company report? Upgrade to Pro now

ATAD DONG NAI STEEL STRUCTURE CORPORATION

Active

Business ID 3603288619

84-251 / 3788 288

ATAD DONG NAI STEEL STRUCTURE CORPORATION

Active

Business ID 3603288619

84-251 / 3788 288

ATAD DONG NAI STEEL STRUCTURE CORPORATION

Active

Summary

Name:

ATAD DONG NAI STEEL STRUCTURE CORPORATION

Business ID (TIN):

3603288619

Date of Registration:

10 Jun 2015

Registered Office:

Dong Nai Province Department of Planning and Investment

Address:

Lot F, Long Khanh Industrial Park, Binh Loc Commune, Long Khanh City, Dong Nai Province, Vietnam

Phone:

84-251 / 3788 288

Financial Statement:

2020, 2021, 2022, 2023, 2024

ATAD DONG NAI STEEL STRUCTURE CORPORATION (CÔNG TY CỔ PHẦN KẾT CẤU THÉP ATAD ĐỒNG NAI) operates under Business ID 3603288619, headquartered in Long Khánh Industrial Park, Đồng Nai. With charter capital exceeding USD 8.2 million and a workforce of 450 employees, the company is part of the broader ATAD Group ecosystem, supported by the majority shareholder, ATAD Steel Structure Corporation, which holds a 52% ownership stake.

From a governance standpoint, the shareholder structure is highly concentrated, with the remaining forty-eight percent split evenly between two individual shareholders. This concentration ensures fast decision-making but also increases governance risk, especially if one shareholder faces liquidity strain or strategic disagreements.

Financial Stability Under Pressure

A risk manager’s first concern is the trendline rather than the headline figures. Total assets have been shrinking for two consecutive years, falling from USD 88.6 million to USD 82.3 million. Although equity rebounded mildly in 2023, the broader picture is concerning. The company continues to operate with limited financial buffers, especially given the nature of heavy steel fabrication, where cash cycles are long, receivables are significant, and capital expenditure is ongoing.

Sales remain high at USD 97 million, but the revenue trajectory is negative. After a substantial increase in 2022, sales dropped nearly seven percent in 2023, indicating a project slowdown. More importantly, profit has contracted sharply for three consecutive years, falling by more than 37% in the latest period. This erosion suggests rising input costs, reduced pricing power, or cost overruns in project execution. Profitability compression is a major red flag in industrial construction, as it reduces the company’s resilience against delayed payments and cost spikes.

Operational Risks and Market Exposure

ATAD DONG NAI’s business model exposes it heavily to cyclical sectors such as industrial construction, warehousing, public infrastructure, and factory development. These sectors are currently under financial pressure due to tightened credit, delayed investor decisions, and higher borrowing costs across Vietnam. Steel structure projects also rely on large advance payments, and the falling profit ratios raise concerns that the company is absorbing greater working capital strain to keep projects moving.

Working capital increased slightly in 2023, yet it remains low relative to the company’s operational scale. A small working capital cushion in a project-based business can quickly translate into liquidity stress when receivables age or clients face slow cash flows.

Legal Profile

English Name:

ATAD DONG NAI STEEL STRUCTURE CORPORATION

Vietnamese Name:

CÔNG TY CỔ PHẦN KẾT CẤU THÉP ATAD ĐỒNG NAI

Short Name:

ATAD DONG NAI

Business ID (TIN):

3603288619

Date of Registration:

10 Jun 2015

Registered Office:

Dong Nai Province Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ NGUYEN L.A.T

+ HUYNH N.D

+ NGUYEN N.N

+ LAI T.L

Address:

Lot F, Long Khanh Industrial Park, Binh Loc Commune, Long Khanh City, Dong Nai Province, Vietnam

Phone:

84-251 / 3788 288

Representative office:

10th Floor, Lapen Asset Building, No. 99, Nguyen Thi Minh Khai Street, Ben Thanh Ward, Ho Chi Minh City, Vietnam

Business Sector

Key business lines:

VSIC:

4669 Other specialized wholesale n.e.c

Industry Sales Growth

CAGR (2019 - 2023)

3.19%

YoY (2023)

-2.59%

Companies by industry

Company distribution and propportions

50,623

1.7412%

Key Industry Players

Top 10 companies in other specialized wholesale n.e.c industry

handicraft and art articles export-import corporation sai gon beer trading company limited asia chemical corporation vietnam general corporation of agricultural materials - joint stock company tuong nguyen import export trading service company limited a dong adg corporation serveone (vietnam) company limited an thanh bicsol joint stock company (translated name) hung thanh agricultural materials company limited gad vietnam joint stock company

Payment History

Purchase the report to access company details.

Financial Performance

Assets	13.59%
Owner’s Equity	9.89%
Working Capital	-5.00%
Net Worth	-0.25%
Sales	-4.28%
Operating income	56.17%
EBIT	52.67%
Gross Profit Margin	-99.07%
Debt to EBITDA	7.76%

📈 📊

Company Reports

Company Profile Report

Legal Profile

Contact and Location

Legal Representative

Shareholders

Business Operation

Assets

Owner's Equity

Sales

Profit

Company Standard Report

Legal Profile

Business Locations

Legal Representative

EBT

EBITDA

Working Capital

Tangible Net Worth

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Comprehensive Report

Report Summary

Legal Profile

Historical Information

Business Locations

Subsidiary and Affiliated Company

Management and Directors

Shareholders

Business Operation

Suppliers

Buyers

Credit Limit

Industry Information

Key Industry Players

Competitors

Negative Payment Records

Banking Information

Litigation Records; Negative News

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Opinion from Analysts

Specific Questions About ATAD DONG NAI STEEL STRUCTURE CORPORATION

When did ATAD DONG NAI STEEL STRUCTURE CORPORATION start operating?

ATAD DONG NAI STEEL STRUCTURE CORPORATION was started in 10 Jun 2015

What industry does ATAD DONG NAI STEEL STRUCTURE CORPORATION operate in?

ATAD DONG NAI STEEL STRUCTURE CORPORATION is operating in "Other specialized wholesale n.e.c" industry

How can I contact ATAD DONG NAI STEEL STRUCTURE CORPORATION?

ATAD DONG NAI STEEL STRUCTURE CORPORATION phone numbers is 84-251 / 3788 288

What adverse news is there about ATAD DONG NAI STEEL STRUCTURE CORPORATION?

ATAD DONG NAI STEEL STRUCTURE CORPORATION’s has 3 bad news

What is stock symbol of ATAD DONG NAI STEEL STRUCTURE CORPORATION?

ATAD DONG NAI STEEL STRUCTURE CORPORATION is not listed company

Where is the location of ATAD DONG NAI STEEL STRUCTURE CORPORATION?

ATAD DONG NAI STEEL STRUCTURE CORPORATION is located at Lot F, Long Khanh Industrial Park, Binh Loc Commune, Long Khanh City, Dong Nai Province, Vietnam

What is ATAD DONG NAI STEEL STRUCTURE CORPORATION’s business registration?

ATAD DONG NAI STEEL STRUCTURE CORPORATION business registration is 3603288619

My Order (0)

ATAD DONG NAI STEEL STRUCTURE CORPORATION

ATAD DONG NAI STEEL STRUCTURE CORPORATION

ATAD DONG NAI STEEL STRUCTURE CORPORATION

Financial Stability Under Pressure

Operational Risks and Market Exposure

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

We've just released an update!

Don’t miss any of our insights

ATAD DONG NAI STEEL STRUCTURE CORPORATION

ATAD DONG NAI STEEL STRUCTURE CORPORATION

ATAD DONG NAI STEEL STRUCTURE CORPORATION

Financial Stability Under Pressure

Operational Risks and Market Exposure

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

Access Required

Notification