CMC JOINT STOCK COMPANY
ActiveCMC JOINT STOCK COMPANY
ActiveCMC JOINT STOCK COMPANY
ActiveSummary
CMC Joint Stock Company is one of Vietnam’s leading producers of ceramic and granite tiles, operating for nearly two decades in the construction materials industry. With total assets of USD 136.05 million and sales of USD 75.26 million in 2023, the company maintains a strong industrial position despite challenging market conditions. During the same year, CMC’s revenue declined by 9.39% and profit dropped by 57.22% to USD 1.67 million; however, equity increased by 4.57%, reaching USD 37.45 million, highlighting prudent financial management and stable capitalization. With a workforce of 860 employees and operations extending across Vietnam, the company plays a vital role in supplying ceramic products, granite materials, and related building solutions to the domestic construction market.
As a publicly listed company on the Ho Chi Minh Stock Exchange (HOSE) under the ticker symbol CVT, CMC Joint Stock Company is required to maintain high levels of financial transparency, corporate governance, and accountability. Vanguard Business Information LLC provides Risk Management, Company Credit Reports, and Business Verification Services to assist investors and partners in assessing CMC’s financial strength, business performance, and operational reliability before entering commercial or investment relationships.
Leadership and Shareholders
CMC Joint Stock Company is led by Tran D. H., who serves as Chairman, responsible for strategic oversight, business expansion, and corporate governance. Nguyen T. H., General Director, manages production, distribution, and daily operations, while Vu T. L., Deputy General Director, supports internal management and planning. This experienced leadership team has maintained stable growth through shifting market conditions.
The company’s ownership structure consists of both institutional and individual shareholders. DNP Holding Joint Stock Company holds 51.14 percent of total shares, serving as the primary strategic investor and majority owner. Bui T. N. Q. is the second-largest shareholder with 5.48 percent. This structure allows CMC to benefit from the financial strength and industrial experience of its parent group while maintaining operational independence. The company’s charter capital stands at USD 15.07 million, fully paid in.
Financial Growth & Market Risks
In 2023, CMC recorded total revenue of approximately USD 75 million, confirming its position among Vietnam’s prominent ceramic tile manufacturers. Despite challenges in the domestic construction market, the company maintained stable operations supported by strong equity and prudent financial management.
While the industry faced weaker real estate demand and higher input costs, CMC demonstrated financial resilience and operational discipline. Detailed analysis of its liquidity, working capital efficiency, and profit margins is presented in the full report prepared by Vanguard Business Information LLC (VNBIS). These insights allow investors and suppliers to assess the company’s financial structure and long term stability with greater precision.
Business Intelligence and Risk Outlook
CMC Joint Stock Company is positioned to benefit from Vietnam’s gradual recovery in construction and infrastructure investment. The company’s production base in Phu Tho Province provides logistical advantages for nationwide distribution, while its advanced manufacturing systems ensure quality consistency and competitive pricing.
Looking ahead, CMC is focusing on product innovation, expansion of export markets, and greater automation to improve cost efficiency. Backed by its strategic partnership with DNP Holding, the company continues to enhance financial resources and supply chain integration. As Vietnam’s demand for high quality building materials continues to rise, CMC is expected to remain one of the country’s most reliable tile producers, balancing growth with disciplined financial management.
VNBIS Support and Business Services
Vanguard Business Information LLC (VNBIS) provides a comprehensive range of professional business intelligence solutions to support investors and partners in evaluating CMC Joint Stock Company’s financial and operational standing.
VNBIS services include:
• Company Credit Reports evaluating solvency, liquidity, and financial health.
• Risk Management Solutions analyzing market exposure, debt structure, and profitability trends.
• Business Verification and Due Diligence Reports confirming ownership, compliance, and governance records.
Through these services, VNBIS helps clients make secure, transparent, and data driven business decisions.
Legal Profile
Contacts
+ NGO D.V
+ TRAN D.H
+ NGUYEN Q.H
+ NGUYEN V.H
Business Sector
Key business lines:
Industry Sales Growth
0.71%
-9.26%
Companies by industry
2,698
0.0928%
Key Industry Players
Payment History
Financial Performance
| Assets | -41.96% |
| Owner’s Equity | -0.82% |
| Working Capital | 14.81% |
| Net Worth | 53.74% |
| Sales | -82.94% |
| Operating income | -93.41% |
| EBIT | -49.43% |
| Gross Profit Margin | 87.18% |
| Debt to EBITDA | -79.31% |