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CITICOM COMMERCIAL JOINT STOCK COMPANY

Active

Business ID 0101370014

84-24 / 3766 4117 / 3766 5365

CITICOM COMMERCIAL JOINT STOCK COMPANY

Active

Business ID 0101370014

84-24 / 3766 4117 / 3766 5365

CITICOM COMMERCIAL JOINT STOCK COMPANY

Active

Summary

Name:

CITICOM COMMERCIAL JOINT STOCK COMPANY

Business ID (TIN):

0101370014

Date of Registration:

23 May 2003

Registered Office:

Ha Noi City Department of Finance

Address:

24th Floor, ICON 4 Building, No. 243A, De La Thanh Street, Ha Noi City, Vietnam

Phone:

84-24 / 3766 4117 / 3766 5365

Financial Statement:

2020, 2021, 2022, 2023, 2024

CITICOM COMMERCIAL JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN THƯƠNG MẠI CITICOM) – A Steel and Metal Products Trader Under Financial Pressure

Founded on 23 May 2003, CITICOM COMMERCIAL JOINT STOCK COMPANY operates as a joint stock company specializing in the manufacturing, processing, and trading of structural steel products. Headquartered on the 24th Floor, ICON 4 Building, No. 243A De La Thanh Street, Lang Thuong Ward, Dong Da District, Ha Noi City, CITICOM has developed a wide business network with representative offices in Hai Phong and Ho Chi Minh City. With over 22 years of experience and a workforce of 140 employees, CITICOM remains a well-known supplier of steel and metal products to various industrial and construction sectors.

The company is led by Le P. T., who serves as both Chairman and General Director, with support from Pham V. V. and Le P. T. as Deputy General Directors. The company’s ownership is dominated by its founder Le P. T. (49.92%), alongside Le P. T. (27.6%) and other individual shareholders. This family-oriented ownership structure provides stability but also consolidates decision-making power within a small circle.

Financially, CITICOM COMMERCIAL JOINT STOCK COMPANY presents a mixed picture of growth and challenge. In 2023, total assets rose to USD 48.63 million, an increase of 12.06% year-on-year, while sales climbed slightly to USD 133.4 million, marking a 4.12% improvement. However, the company continues to struggle with profitability, recording a loss of USD 2.66 million, even though this is a 40.66% improvement compared to the 2022 loss. Equity also declined slightly by 1.34% to USD 11.02 million, highlighting potential pressure on the company’s financial structure despite positive sales growth. Working capital improved significantly to USD 2.4 million, indicating stronger liquidity management compared to prior years.

Operating in a highly competitive steel market, CITICOM faces constant price volatility and tight margins, which have impacted its profitability in recent years. Despite these challenges, its strategic location, established distribution network, and diversified activities—including warehousing, logistics, and property trading—provide a foundation for potential recovery if market conditions improve.

For suppliers, contractors, and investors, verifying the credibility and financial health of CITICOM COMMERCIAL JOINT STOCK COMPANY is crucial before engaging in large-scale contracts or partnerships. Vanguard Business Information LLC (VBI) offers detailed risk analysis, company verification, and financial performance evaluations, helping stakeholders minimize exposure to risks while making informed decisions.

Legal Profile

English Name:

CITICOM COMMERCIAL JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN THƯƠNG MẠI CITICOM

Short Name:

CITICOM .,JSC

Business ID (TIN):

0101370014

Date of Registration:

23 May 2003

Registered Office:

Ha Noi City Department of Finance

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ LE P.T

+ PHAM V.V

+ LE P.T

Address:

24th Floor, ICON 4 Building, No. 243A, De La Thanh Street, Ha Noi City, Vietnam

Phone:

84-24 / 3766 4117 / 3766 5365

Representative office:

No. 109, Lane 53, Duc Giang Street, Viet Hung Ward, Ha Noi City, Vietnam

Representative office:

Nam Cau Kien Industrial Park, Thien Huong Ward, Hai Phong City, Vietnam

Representative office:

No. 151, Road No. 8, Binh Tan Ward, Ho Chi Minh City, Vietnam

Business Sector

Key business lines:

VSIC:

2511 Manufacture of structural metal products

NACE:

25.1 Manufacture of structural metal products

Industry Sales Growth

CAGR (2019 - 2023)

8.05%

YoY (2023)

4.42%

Companies by industry

Company distribution and propportions

6,830

0.2349%

Key Industry Players

Top 10 companies in manufacture of structural metal products industry

zamil steel buildings vietnam company limited citicom commercial joint stock company natsteelvina co.,ltd hai long construction joint stock company steel 568 company limited qh plus corporation east asia aluminum company limited vietnam japan international metal wares joint stock company atad dong nai steel structure corporation sonha ssp vietnam sole member company limited

Payment History

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Financial Performance

Assets	-78.02%
Owner’s Equity	-79.04%
Working Capital	-56.03%
Net Worth	84.12%
Sales	-89.39%
Operating income	36.92%
EBIT	-64.16%
Gross Profit Margin	71.22%
Debt to EBITDA	-79.75%

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Negative Payment Records

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Opinion from Analysts

Specific Questions About CITICOM COMMERCIAL JOINT STOCK COMPANY

When did CITICOM COMMERCIAL JSC start operating?

CITICOM COMMERCIAL JSC was started in 23 May 2003

What industry does CITICOM COMMERCIAL JSC operate in?

CITICOM COMMERCIAL JSC is operating in "Manufacture of structural metal products" industry

How can I contact CITICOM COMMERCIAL JSC?

CITICOM COMMERCIAL JSC phone numbers is 84-24 / 3766 4117 / 3766 5365

What adverse news is there about CITICOM COMMERCIAL JSC?

CITICOM COMMERCIAL JSC’s has no negative news

What is stock symbol of CITICOM COMMERCIAL JSC?

CITICOM COMMERCIAL JSC is not listed company

Where is the location of CITICOM COMMERCIAL JSC?

CITICOM COMMERCIAL JSC is located at 24th Floor, ICON 4 Building, No. 243A, De La Thanh Street, Ha Noi City, Vietnam

What is CITICOM COMMERCIAL JSC’s business registration?

CITICOM COMMERCIAL JSC business registration is 0101370014

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