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CHINA STEEL AND NIPPON STEEL VIETNAM JOINT STOCK COMPANY

Active

Business ID 3501382588

84-254 / 393 1168

CHINA STEEL AND NIPPON STEEL VIETNAM JOINT STOCK COMPANY

Active

Business ID 3501382588

84-254 / 393 1168

CHINA STEEL AND NIPPON STEEL VIETNAM JOINT STOCK COMPANY

Active

Summary

Name:

CHINA STEEL AND NIPPON STEEL VIETNAM JOINT STOCK COMPANY

Business ID (TIN):

3501382588

Date of Registration:

12 May 2009

Registered Office:

Ba Ria - Vung Tau Province Department of Finance

Address:

My Xuan A2 Industrial Park, My Xuan Ward, Phu My Town, Ba Ria - Vung Tau Province, Vietnam

Phone:

84-254 / 393 1168

Financial Statement:

2020, 2021, 2022, 2023, 2024

CHINA STEEL AND NIPPON STEEL VIETNAM JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN CHINA STEEL & NIPPON STEEL VIỆT NAM) stands as a prominent name in Vietnam’s heavy industry sector, particularly in the field of steel manufacturing and metal processing. Established on May 12, 2009, and located in My Xuan A2 Industrial Park in Ba Ria - Vung Tau Province, the company has built a strong operational foundation and is backed by significant foreign direct investment. It operates under the legal form of a joint stock company with the official tax code and business registration number 3501382588.

The company’s capital structure is noteworthy, with a paid-up capital of USD 479 million as of December 2023. Its shareholders include industry giants like China Steel Corporation (Taiwan) holding 56%, Nippon Steel Corporation(Japan) with 30%, and Formosa Ha Tinh Steel Corporation from Vietnam contributing 5%, alongside other notable steel industry players. This diversified shareholder base provides both financial strength and strategic global expertise, which have been crucial for the company’s growth and technological advancement.

Over the past 15 years, CHINA STEEL AND NIPPON STEEL VIETNAM JOINT STOCK COMPANY has developed into a key steel processing hub in Southeast Asia. Its main business activities revolve around manufacturing, machining, stamping, rolling, and trading various types of high-quality steel. The company also engages in the treatment and coating of metals, forging, and managing industrial properties. Its products cater to a wide range of sectors including construction, automotive, and infrastructure, contributing significantly to Vietnam’s industrial supply chain.

As of the end of 2023, the company had total assets of USD 535.81 million and working capital of USD 82.55 million, demonstrating a robust operational capacity. While the year witnessed a decline in sales by 30.74% to USD 433.77 million, the company still maintains one of the largest equity bases in the sector at USD 407.38 million. The net loss of USD 27.82 million, although a concern, was an improvement over the previous year’s deficit, showing a 20.75% positive turnaround in profitability. These figures reflect the company’s resilience and strategic adaptation amidst global economic fluctuations and steel price volatility.

The executive leadership is headed by Chairman Mr. Lee Chia-Cheng and General Director Mr. Peng Wei-Yeh, both of Taiwanese nationality, with Japanese executive Mr. Murayama Hiroki serving as Deputy General Director. Together, they lead a workforce of approximately 800 employees across its main plant in Ba Ria - Vung Tau and its representative office in Ho Chi Minh City.

For businesses, investors, or stakeholders seeking to verify the legitimacy, creditworthiness, and risk exposure of CHINA STEEL AND NIPPON STEEL VIETNAM JOINT STOCK COMPANY, it is highly recommended to utilize the Business Verification and Risk Management Service by Vanguard Business Information (VBI). This trusted service provides comprehensive due diligence reports, financial assessments, and business background checks, ensuring you can make informed decisions when engaging with one of Vietnam’s largest steel manufacturers.

In the current era of globalized trade and strategic sourcing, accurate business verification is essential. As such, working with CHINA STEEL AND NIPPON STEEL VIETNAM JOINT STOCK COMPANY through reliable channels and verifying its credentials via VBI helps secure commercial partnerships while minimizing exposure to financial and operational risks. The company remains a pillar of Vietnam’s steel industry and is expected to play a central role in shaping the country’s industrial future.

Legal Profile

English Name:

CHINA STEEL AND NIPPON STEEL VIETNAM JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN CHINA STEEL & NIPPON STEEL VIỆT NAM

Short Name:

CSVC

Business ID (TIN):

3501382588

Date of Registration:

12 May 2009

Registered Office:

Ba Ria - Vung Tau Province Department of Finance

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ LEE, C

+ SUNG, S

+ MURAYAMA H

Address:

My Xuan A2 Industrial Park, My Xuan Ward, Phu My Town, Ba Ria - Vung Tau Province, Vietnam

Phone:

84-254 / 393 1168

Representative office:

Phu My Hung Petroleum Finance Trading Center Building, No. 12, Tan Trao Street, Tan My Ward, Ho Chi Minh City, Vietnam

Business Sector

Key business lines:

VSIC:

2410 Manufacture of iron, steel and cast iron

NACE:

24.10 Manufacture of basic iron and steel and of ferro-alloys

NAICS:

3311 Iron and Steel Mills and Ferroalloy Manufacturing

Industry Sales Growth

CAGR (2019 - 2023)

4.05%

YoY (2023)

-9.69%

Companies by industry

Company distribution and propportions

1,726

0.0594%

Key Industry Players

Top 10 companies in manufacture of iron, steel and cast iron industry

viet nam steel corporation hoa sen group vas group nghi son joint stock company formosa ha tinh steel corporation smc trading investment joint stock company hoa phat group joint stock company hoa phat hai duong steel joint stock company nam kim steel joint stock company hoa phat hung yen steel limited liability company hoa phat dung quat steel joint stock company

Payment History

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Financial Performance

Assets	1.89%
Owner’s Equity	-54.32%
Working Capital	78.85%
Net Worth	44.56%
Sales	-4.38%
Operating income	-45.02%
EBIT	31.21%
Gross Profit Margin	20.18%
Debt to EBITDA	95.79%

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Owner's Equity

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Company Standard Report

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Profit and Loss Statement

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Management and Directors

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Business Operation

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Credit Limit

Industry Information

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Negative Payment Records

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Litigation Records; Negative News

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Balance Sheet

Profit and Loss Statement

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Opinion from Analysts

Specific Questions About CHINA STEEL AND NIPPON STEEL VIETNAM JOINT STOCK COMPANY

When did CHINA STEEL AND NIPPON STEEL VIETNAM JSC start operating?

CHINA STEEL AND NIPPON STEEL VIETNAM JSC was started in 12 May 2009

What industry does CHINA STEEL AND NIPPON STEEL VIETNAM JSC operate in?

CHINA STEEL AND NIPPON STEEL VIETNAM JSC is operating in "Manufacture of iron, steel and cast iron" industry

How can I contact CHINA STEEL AND NIPPON STEEL VIETNAM JSC?

CHINA STEEL AND NIPPON STEEL VIETNAM JSC phone numbers is 84-254 / 393 1168

What adverse news is there about CHINA STEEL AND NIPPON STEEL VIETNAM JSC?

CHINA STEEL AND NIPPON STEEL VIETNAM JSC’s has 2 bad news

What is stock symbol of CHINA STEEL AND NIPPON STEEL VIETNAM JSC?

CHINA STEEL AND NIPPON STEEL VIETNAM JSC is not listed company

Where is the location of CHINA STEEL AND NIPPON STEEL VIETNAM JSC?

CHINA STEEL AND NIPPON STEEL VIETNAM JSC is located at My Xuan A2 Industrial Park, My Xuan Ward, Phu My Town, Ba Ria - Vung Tau Province, Vietnam

What is CHINA STEEL AND NIPPON STEEL VIETNAM JSC’s business registration?

CHINA STEEL AND NIPPON STEEL VIETNAM JSC business registration is 3501382588

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CHINA STEEL AND NIPPON STEEL VIETNAM JOINT STOCK COMPANY

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CHINA STEEL AND NIPPON STEEL VIETNAM JOINT STOCK COMPANY

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