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DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JOINT STOCK COMPANY

Active

Business ID 0100101322

84-24 / 3882 0386 / 3883 3779 / 3883 3781 / 3882 0384 / 3968 7016

DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JOINT STOCK COMPANY

Active

Business ID 0100101322

84-24 / 3882 0386 / 3883 3779 / 3883 3781 / 3882 0384 / 3968 7016

DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JOINT STOCK COMPANY

Active

Summary

Name:

DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JOINT STOCK COMPANY

Business ID (TIN):

0100101322

Date of Registration:

01 Jun 2005

Registered Office:

Ha Noi City Department of Finance

Ticker:

TBD

Address:

No. 189, Lam Tien Street, Ha Noi City, Vietnam

Phone:

84-24 / 3882 0386 / 3883 3779 / 3883 3781 / 3882 0384 / 3968 7016

Financial Statement:

2020, 2021, 2022, 2023, 2024

DONG ANH ELECTRICAL EQUIPMENT CORPORATION JOINT STOCK COMPANY stands out in Vietnam’s heavy electrical manufacturing sector for its longevity and scale. For more than 20 years, DONG ANH ELECTRICAL EQUIPMENT CORPORATION JOINT STOCK COMPANY has operated in Ha Noi producing transformers and critical power distribution equipment. Today, DONG ANH ELECTRICAL EQUIPMENT CORPORATION JOINT STOCK COMPANY maintains an active footprint in a strategically essential yet capital intensive field where reliability and precision determine long term survival.

Leadership and Shareholding Structure

The company is chaired by Nguyen X. N., with Nguyen T. T. as Deputy Chairman and Nguyen V. C. as General Director. The leadership oversees a workforce of 431 employees and operates under a complex shareholding structure that blends state linked influence with market participation. Major shareholders include GELEX Electricity JSC at 47 percent, Vietnam Electricity at 46.49 percent, and Electrical Equipment JSC at 46.07 percent, with the remainder held by smaller stakeholders. This concentration of ownership suggests clear strategic direction but also signals that operational decisions are influenced by national energy priorities rather than purely commercial incentives.

Industry Position and Strategic Role

The company specializes in manufacturing electric motors, generators, transformers and electricity distribution apparatus. It produces transmission transformers, distribution transformers, industrial switchgear, electrical cabinets and components used across Vietnam’s national grid. As Vietnam expands power infrastructure for industrial zones and urban growth, demand for high quality, domestically produced electrical equipment remains fundamentally strong. Yet this is also a sector where competition from technologically advanced foreign suppliers places constant pressure on local manufacturers to innovate faster than their asset base traditionally allows. The company’s diversified registrations, which include metal machining, technical testing, construction work and even short term accommodation activities, reflect a legacy model of broad operational coverage rather than targeted specialization.

Scale and Revenue Performance

The company recorded revenue of $74.69 million, placing it among Vietnam’s largest transformer and electrical equipment producers. While revenue shows a modest recovery, assets and equity continue to contract, indicating tightening financial capacity while the company attempts to maintain operational breadth. Profit improved to more than $2 million but remains far below earlier performance levels, revealing a business navigating both market volatility and capital constraints. These financial patterns are common among long established technical manufacturers facing rising costs, increasing compliance requirements and stronger competition from imported alternatives.

Operational Reality and Competitive Pressures

Heavy electrical manufacturing demands precision engineering, modern testing systems and stable working capital. With working capital at $12.7 million and assets at roughly $61 million, the company still commands meaningful scale, yet its declining equity base and slower asset growth suggest the need for strategic reinvestment to remain competitive. Vietnam’s energy infrastructure is expanding rapidly, but buyers across utilities and industrial parks are increasingly demanding equipment that meets global performance benchmarks. For any firm without continuous technology upgrades, the risk is not only losing market share but becoming dependent on the purchasing decisions of state affiliates that may prioritize reliability above all else.

Why This Company Matters

The company’s importance lies in its role within Vietnam’s national power ecosystem. Few industries are as foundational as electricity distribution, and domestic manufacturers that supply the grid occupy a unique position of both opportunity and responsibility. DONG ANH ELECTRICAL EQUIPMENT CORPORATION JOINT STOCK COMPANY reflects the path of many long standing Vietnamese industrial firms that grew under state linked guidance and now must navigate a more competitive, more transparent and more demanding marketplace. Its revenue scale signals relevance, but its shrinking equity and mixed performance indicators highlight the tension between legacy operating models and the need to upgrade technology, processes and financial discipline.

VNBIS Insight for Investors, Buyers and Risk Managers

VNBIS delivers a full evaluation of DONG ANH ELECTRICAL EQUIPMENT CORPORATION JOINT STOCK COMPANY, including financial resilience, ownership verification, solvency signals and long term operational sustainability. The VNBIS Company Comprehensive Report provides deeper insight into credit risk, business behavior and capacity to meet large scale procurement demands. For investors, lenders and procurement teams seeking clarity before entering partnerships, GET THE FULL REPORT AT www.vnbis.com

Legal Profile

English Name:

DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JOINT STOCK COMPANY

Vietnamese Name:

TỔNG CÔNG TY THIẾT BỊ ĐIỆN ĐÔNG ANH - CÔNG TY CỔ PHẦN

Short Name:

EEMC

Business ID (TIN):

0100101322

Date of Registration:

01 Jun 2005

Registered Office:

Ha Noi City Department of Finance

Ticker:

TBD

Ownership Status:

Publicly held

Operation Status:

Active

Contacts

Key Decision Makers:

+ NGUYEN T.T

+ NGUYEN V.C

+ NGUYEN Q.H

+ CAO X.K

+ NGUYEN H.Q

+ LE V.D

+ DO T.T.H

Address:

No. 189, Lam Tien Street, Ha Noi City, Vietnam

Phone:

84-24 / 3882 0386 / 3883 3779 / 3883 3781 / 3882 0384 / 3968 7016

Branch:

Group 26, Dong Anh Town, Dong Anh District, Ha Noi City, Vietnam

Branch:

Group 26, Dong Anh Town, Dong Anh District, Ha Noi City, Vietnam

Business Sector

Key business lines:

VSIC:

2732 Manufacture of other electronic and electric wires and cables

NACE:

27.32 Manufacture of other electronic and electric wires and cables

NAICS:

335929 Other Communication and Energy Wire Manufacturing

Industry Sales Growth

CAGR (2019 - 2023)

4.60%

YoY (2023)

-2.23%

Companies by industry

Company distribution and propportions

370

0.0127%

Key Industry Players

Top 10 companies in manufacture of other electronic and electric wires and cables industry

ls-vina cable & system joint stock company thuong dinh electrical wires and cables joint stock company lioa electrical equipment co.,ltd vietnam electric cable corporation cft vina copper co., ltd. tran phu electric mechanical joint stock company lioa dong nai electrical equipment company limited dong phuong industrial and commercial joint stock company cadivi dong nai company limited luxshare - ict (nghe an ) limited

Payment History

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Financial Performance

Assets	88.66%
Owner’s Equity	-75.09%
Working Capital	78.08%
Net Worth	-70.14%
Sales	27.69%
Operating income	-49.96%
EBIT	-64.56%
Gross Profit Margin	98.62%
Debt to EBITDA	-48.52%

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Specific Questions About DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JOINT STOCK COMPANY

When did DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JSC start operating?

DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JSC was started in 01 Jun 2005

What industry does DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JSC operate in?

DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JSC is operating in "Manufacture of other electronic and electric wires and cables" industry

How can I contact DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JSC?

DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JSC phone numbers is 84-24 / 3882 0386 / 3883 3779 / 3883 3781 / 3882 0384 / 3968 7016

What adverse news is there about DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JSC?

DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JSC’s has no negative news

What is stock symbol of DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JSC?

DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JSC’s stock symbol is TBD

Where is the location of DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JSC?

DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JSC is located at No. 189, Lam Tien Street, Ha Noi City, Vietnam

What is DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JSC’s business registration?

DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JSC business registration is 0100101322

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DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JOINT STOCK COMPANY

DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JOINT STOCK COMPANY

DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JOINT STOCK COMPANY

Leadership and Shareholding Structure

Industry Position and Strategic Role

Scale and Revenue Performance

Operational Reality and Competitive Pressures

Why This Company Matters

VNBIS Insight for Investors, Buyers and Risk Managers

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DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JOINT STOCK COMPANY

DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JOINT STOCK COMPANY

DONG ANH ELECTRICAL EQUIPMENT CORPORATION - JOINT STOCK COMPANY

Leadership and Shareholding Structure

Industry Position and Strategic Role

Scale and Revenue Performance

Operational Reality and Competitive Pressures

Why This Company Matters

VNBIS Insight for Investors, Buyers and Risk Managers

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

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