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DO THANH AUTO CORPORATION.

Active

Business ID 3600521183

84-251 / 3559 225

DO THANH AUTO CORPORATION.

Active

Business ID 3600521183

84-251 / 3559 225

DO THANH AUTO CORPORATION.

Active

Summary

Name:

DO THANH AUTO CORPORATION.

Business ID (TIN):

3600521183

Date of Registration:

28 Mar 2008

Registered Office:

Dong Nai Province Department of Finance

Address:

Dat Moi Hamlet, National Road 51, Dong Nai Province, Vietnam

Phone:

84-251 / 3559 225

Financial Statement:

2020, 2021, 2022, 2023, 2024

DO THANH AUTO CORPORATION (Vietnamese name: CÔNG TY CỔ PHẦN Ô TÔ ĐÔ THÀNH) is a veteran in Vietnam’s commercial vehicle manufacturing sector. Registered with Tax Code (TIN): 3600521183, the company was founded on March 28, 2008, and operates from its headquarters in Long Thanh District, Dong Nai Province, with additional locations in Hanoi and Long An.

Chaired by Ms. Nguyen Thi Minh Ky, who also holds the largest share at 43.67%, DO THANH AUTO CORPORATION has specialized for over 17 years in manufacturing, assembling, and distributing commercial vehicles. The company also engages in ancillary industries, including freight transport, warehousing, ceramics, and engineering consultancy.

In 2023, DO THANH AUTO CORPORATION recorded a remarkable 28.95% increase in revenue, reaching USD 243.41 million. This growth reflects rising demand and improved market penetration. However, despite the top-line surge, the company's profit decreased by 13.49%, totaling just USD 453,776, which indicates tightening margins or cost management challenges.

What’s more concerning is the significant drop in owner’s equity—down 22.32% to USD 21.5 million. This is paired with negative working capital of USD -1.42 million, a potential red flag signaling short-term liquidity strain. Although total assets grew to USD 143.78 million, the combination of weak profitability and eroded equity suggests the company may be expanding faster than its capital base can support.

In conclusion, DO THANH AUTO CORPORATION is undeniably scaling in sales, but its financial structure is under stress. Stakeholders should monitor debt levels and liquidity ratios closely before engaging. The strong sales performance cannot mask the rising internal risks.

For deeper financial analysis and real-time credit evaluation, businesses should consult VANGUARD BUSINESS INFORMATION LLC (VBI)—your trusted source for corporate due diligence and risk intelligence in Vietnam.

Legal Profile

English Name:

DO THANH AUTO CORPORATION.

Vietnamese Name:

CÔNG TY CỔ PHẦN Ô TÔ ĐÔ THÀNH

Business ID (TIN):

3600521183

Date of Registration:

28 Mar 2008

Registered Office:

Dong Nai Province Department of Finance

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ NGUYEN T.M.K

+ LE V.M

Address:

Dat Moi Hamlet, National Road 51, Dong Nai Province, Vietnam

Phone:

84-251 / 3559 225

Branch:

Km 14, National Road 1A, Ha Noi City, Vietnam

Representative office:

Binh Quan 2 Quarter, Tay Ninh Province, Vietnam

Representative office:

BL07-08, Vinhomes Riverside Urban Area, Bang Lang Street, Ha Noi City, Vietnam

Transaction office:

No. 30-32, Yersin Street, Ho Chi Minh City, Vietnam

Representative office:

Room 2906, 29th Floor, Asiana Saigon Building, No. 39, Le Duan Street, Ho Chi Minh City, Vietnam

Branch:

No. 81, Cao Thang Street, Ho Chi Minh City, Vietnam

Branch:

National Road 13, Binh Duc Hamlet, Ho Chi Minh City, Vietnam

Factory Address:

On the campus of the company, Dat Moi Hamlet, National Road 51, Dong Nai Province, Vietnam

Business Sector

Key business lines:

VSIC:

2910 Manufacture of motor vehicles and other motor vehicles

NACE:

29.10 Manufacture of motor vehicles

NAICS:

3361 Motor Vehicle Manufacturing

Industry Sales Growth

CAGR (2019 - 2023)

0.41%

YoY (2023)

-4.48%

Companies by industry

Company distribution and propportions

304

0.0105%

Key Industry Players

Top 10 companies in manufacture of motor vehicles and other motor vehicles industry

do thanh auto corporation. ford viet nam limited thaco-kia motors co., ltd thaco - mazda automobile manufacturing one member limited liability company vinfast trading and production joint stock company thaco lorry assembly & manufacturing company limited thaco bus manufacturing company limited hyundai thanh cong viet nam auto manufacturing corporation thaco luxury cars assembly and manufacturing limited liability company thaco limousine passenger car manufacturing limited liability company

Payment History

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Financial Performance

Assets	-75.45%
Owner’s Equity	-91.46%
Working Capital	41.07%
Net Worth	41.41%
Sales	5.42%
Operating income	37.45%
EBIT	-79.03%
Gross Profit Margin	44.42%
Debt to EBITDA	-45.22%

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Negative Payment Records

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Opinion from Analysts

Specific Questions About DO THANH AUTO CORPORATION.

When did DO THANH AUTO CORPORATION. start operating?

DO THANH AUTO CORPORATION. was started in 28 Mar 2008

What industry does DO THANH AUTO CORPORATION. operate in?

DO THANH AUTO CORPORATION. is operating in "Manufacture of motor vehicles and other motor vehicles" industry

How can I contact DO THANH AUTO CORPORATION.?

DO THANH AUTO CORPORATION. phone numbers is 84-251 / 3559 225

What adverse news is there about DO THANH AUTO CORPORATION.?

DO THANH AUTO CORPORATION.’s has 2 bad news

What is stock symbol of DO THANH AUTO CORPORATION.?

DO THANH AUTO CORPORATION. is not listed company

Where is the location of DO THANH AUTO CORPORATION.?

DO THANH AUTO CORPORATION. is located at Dat Moi Hamlet, National Road 51, Dong Nai Province, Vietnam

What is DO THANH AUTO CORPORATION.’s business registration?

DO THANH AUTO CORPORATION. business registration is 3600521183

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