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BINH DUONG POWER COMPANY LIMITED

Active

Business ID 0300942001-014

BINH DUONG POWER COMPANY LIMITED

Active

Business ID 0300942001-014

BINH DUONG POWER COMPANY LIMITED

Active

Summary

Name:

BINH DUONG POWER COMPANY LIMITED

Business ID (TIN):

0300942001-014

Date of Registration:

21 May 2010

Registered Office:

Binh Duong Department of Planning and Investment

Address:

No. 233, April 30 Street,, Thu Dau Mot City, Binh Duong Province, Vietnam

Financial Statement:

2020, 2021, 2022, 2023, 2024

BINH DUONG POWER COMPANY LIMITED (CÔNG TY ĐIỆN LỰC BÌNH DƯƠNG) is a key player in Vietnam’s electricity transmission and distribution sector. Established on May 21, 2010, the company operates under Business ID: 0300942001-014, registered with the Binh Duong Department of Planning and Investment. Over the past 14 years, BINH DUONG POWER COMPANY LIMITED has contributed significantly to Vietnam’s growing energy infrastructure, ensuring stable electricity supply to businesses and households.

The company is privately owned by LE MINH QUOC VIET, who plays a vital role in its strategic direction. The company’s headquarters is located at No. 233, April 30 Street, Thu Dau Mot City, Binh Duong Province, Vietnam. In addition to electricity transmission and distribution, BINH DUONG POWER COMPANY LIMITED is involved in manufacturing electric motors, transformers, and power distribution systems, as well as providing freight transport, IT services, industrial equipment installation, and engineering consultancy.

Financially, BINH DUONG POWER COMPANY LIMITED has demonstrated strong growth in recent years. As of December 31, 2023, the company’s total assets reached USD 166.17 million, a 17.73% increase compared to the previous year. Sales revenue stood at USD 1.19 billion, reflecting 1.42% growth. Most notably, the company’s profit surged by 298.66%, reaching USD 1.85 million, indicating a significant recovery from previous declines. However, equity slightly decreased by 0.11% to USD 48.38 million, signaling the need for further capital optimization.

As a major energy provider, BINH DUONG POWER COMPANY LIMITED plays a crucial role in Vietnam’s industrial and economic expansion. Its diversified operations in electrical manufacturing, infrastructure development, and technical consultancy make it a valuable asset in the country’s energy sector. The company's ability to sustain growth despite economic challenges highlights its strong operational management and market adaptability.

VANGUARD BUSINESS INFORMATION LLC (VBI), a leading provider of financial and business intelligence, identifies BINH DUONG POWER COMPANY LIMITED as a key enterprise in Vietnam’s power sector. The company's steady asset growth and impressive profit rebound indicate long-term potential. However, its slight decline in equity suggests the need for financial restructuring and investment strategies to maintain stability. Investors and industry analysts looking at Vietnam’s energy market should closely monitor BINH DUONG POWER COMPANY LIMITED as it continues to expand its presence and enhance its financial performance.

Legal Profile

English Name:

BINH DUONG POWER COMPANY LIMITED

Vietnamese Name:

CÔNG TY ĐIỆN LỰC BÌNH DƯƠNG

Short Name:

CONG TY DIEN LUC BINH DUONG

Business ID (TIN):

0300942001-014

Date of Registration:

21 May 2010

Registered Office:

Binh Duong Department of Planning and Investment

Operation Status:

Active

Contacts

Key Decision Makers:

LE M.Q.V

Address:

No. 233, April 30 Street,, Thu Dau Mot City, Binh Duong Province, Vietnam

Old Address:

No. 233, Road 30 Thang 4, Phu Tho Ward, Thu Dau Mot City, Binh Duong Province, Vietnam

Business Sector

Key business lines:

VSIC:

3512 Electricity transmission and distribution

Industry Sales Growth

CAGR (2019 - 2023)

-16.57%

YoY (2023)

-29.10%

Companies by industry

Company distribution and propportions

984

0.0338%

Key Industry Players

Top 10 companies in electricity transmission and distribution industry

hanoi power corporation national power transmission corporation central power corporation dong nai power company limited bac ninh power company - branch of northern power corporation quang ninh power company - branch of northern power corporation haiphong power company limited hai duong power company limited - northern power corporation thanh hoa power company - branch of northern power corporation binh duong power company limited

Payment History

Purchase the report to access company details.

Financial Performance

Assets	-81.19%
Owner’s Equity	-47.89%
Working Capital	65.62%
Net Worth	-94.39%
Sales	96.61%
Operating income	69.43%
EBIT	98.68%
Gross Profit Margin	-12.10%
Debt to EBITDA	2.69%

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Specific Questions About BINH DUONG POWER COMPANY LIMITED

When did BINH DUONG POWER COMPANY LIMITED start operating?

BINH DUONG POWER COMPANY LIMITED was started in 21 May 2010

What industry does BINH DUONG POWER COMPANY LIMITED operate in?

BINH DUONG POWER COMPANY LIMITED is operating in "Electricity transmission and distribution" industry

How can I contact BINH DUONG POWER COMPANY LIMITED?

BINH DUONG POWER COMPANY LIMITED don't share phone numbers information

What adverse news is there about BINH DUONG POWER COMPANY LIMITED?

BINH DUONG POWER COMPANY LIMITED’s has no negative news

What is stock symbol of BINH DUONG POWER COMPANY LIMITED?

BINH DUONG POWER COMPANY LIMITED is not listed company

Where is the location of BINH DUONG POWER COMPANY LIMITED?

BINH DUONG POWER COMPANY LIMITED is located at No. 233, April 30 Street,, Thu Dau Mot City, Binh Duong Province, Vietnam

What is BINH DUONG POWER COMPANY LIMITED’s business registration?

BINH DUONG POWER COMPANY LIMITED business registration is 0300942001-014

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