EUROPEAN PLASTIC JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN NHỰA CHÂU ÂU), commonly referred to as EUROPEAN PLASTIC COMPANY, stands as one of Vietnam's leading producers of plastic materials and additives. Founded on September 28, 2007, and registered with the Ha Nam Province Department of Planning and Investment under Business ID and TIN 0700253609, the company has been in continuous operation for over 17 years. Its head office is strategically located in Dong Van Industrial Park, Dong Van Ward, Duy Tien Town, Ha Nam Province, with representative offices in both Ho Chi Minh City and Hanoi, enabling it to serve clients across Vietnam and abroad.
With a strong base of 450 employees and a paid-up charter capital of USD 41.53 million, the company is privately held and spearheaded by Mr. Hoang Quoc Huy, who holds the dual role of Chairman and General Director. Mr. Huy also holds a controlling 52.56% ownership stake in the company. Other notable shareholders include Mr. Vu Duc Hau, Mr. Huynh Song Tra, and Mr. Nguyen Duc Vu, each holding around 5%, while 56 other individual shareholders contribute to the company’s capital structure.
The company specializes in the manufacture and trade of filler masterbatch, color masterbatch, plastic additives, and plastic compounds, and operates within a wide spectrum of business lines that extend to the manufacture of electronics, lighting equipment, and electrical components, as well as mining, wholesale trade, and real estate activities. This broad business portfolio positions European Plastic as a diversified industrial entity with a strong grip on material science and manufacturing.
Financially, the company had a robust performance in 2023. It reported total sales of USD 184.36 million, a 14.41% increase compared to 2022. Total assets grew to USD 110.41 million, while owner’s equity surged by 58.36%, reaching USD 56.95 million, reflecting a significant capital reinforcement. Although the net profit dipped slightly by 4.42% to USD 4.92 million, the firm maintained a healthy working capital of USD 19.35 million, demonstrating strong liquidity and financial stability. Its net worth stood at USD 56.1 million, affirming its status as a financially sound organization.
Under the leadership of Mr. Huy and his executive team, including Mr. Huynh Song Tra and Mr. Nguyen Duc Vu, the company continues to innovate and grow in the competitive landscape of plastic manufacturing. Their strategic investments in production capacity, product diversification, and market expansion have solidified their reputation as a key player in both domestic and international markets.
For stakeholders seeking a deeper understanding of the company’s operations, structure, and financial integrity, VANGUARD BUSINESS INFORMATION LLC (VBI) offers detailed Company Reports, inclusive of risk analysis, financial reviews, and due diligence services. These insights are critical for investors, suppliers, and partners looking to engage confidently with EUROPEAN PLASTIC JOINT STOCK COMPANY.
+ HOANG Q.H
+ NGUYEN D.V
+ VU D.H
+ HUYNH S.T
+ NGUYEN T.B
4.66%
-9.31%
1,269
0.0438%
Assets | 42.79% |
Owner’s Equity | -80.92% |
Working Capital | -41.74% |
Net Worth | -44.98% |
Sales | 95.70% |
Operating income | 3.15% |
EBIT | -53.35% |
Gross Profit Margin | 53.28% |
Debt to EBITDA | 51.05% |
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