PROLooking for more than just a company report? Upgrade to Pro now

FORMOSA HA TINH STEEL CORPORATION

Active

Business ID 3000437821

84-239 / 3722 123

FORMOSA HA TINH STEEL CORPORATION

Active

Business ID 3000437821

84-239 / 3722 123

FORMOSA HA TINH STEEL CORPORATION

Active

Summary

Name:

FORMOSA HA TINH STEEL CORPORATION

Business ID (TIN):

3000437821

Date of Registration:

12 Jun 2008

Registered Office:

Ha Tinh Province Department of Finance

Address:

Vung Ang Economic Zone, Vung Ang Ward, Ha Tinh Province, Vietnam

Phone:

84-239 / 3722 123

Fax:

(84-239) 3722 112

Financial Statement:

2020, 2021, 2022, 2023, 2024

FORMOSA HA TINH STEEL CORPORATION (FHS) is one of Vietnam’s largest foreign-invested enterprises in the steel manufacturing sector. Established on June 12, 2008, the company operates as a one-member limited liability company with Business ID: 3000437821 and is registered under the Ha Tinh Province Department of Planning and Investment. Located in Vung Ang Economic Zone, Ky Anh Town, Ha Tinh Province, the company is a subsidiary of Formosa Plastics Group, headquartered in Taiwan.

Management and Key Personnel

The leadership of FORMOSA HA TINH STEEL CORPORATION consists of:

Chairman: Mr. Chang, Fu-Ning (Taiwanese)
General Director: Mr. Chen, Chun-Liang (Taiwanese)

These key executives oversee the company’s large-scale steel production and expansion projects.

Financial Overview

FORMOSA HA TINH STEEL CORPORATION has a significant economic footprint, with the following financial highlights for 2023:

Total Assets: USD 10.53 billion (-5% YoY)
Total Sales: USD 3.84 billion (-1.5% YoY)
Equity: USD 4.25 billion (-10.96% YoY)
Profit: USD -641.5 million (indicating a net loss)

Despite the financial challenges, the company continues to expand, with investments in additional blast furnaces to increase production capacity.

Business Operations

FORMOSA HA TINH STEEL CORPORATION specializes in the manufacture of iron, steel, and cast iron, as well as electric power generation, cement production, and hazardous waste treatment. Its integrated steel mill is one of the most advanced in the region, supporting Vietnam’s growing demand for steel in construction and infrastructure projects.

Risk Management and Future Outlook

Given its scale and environmental responsibilities, FORMOSA HA TINH STEEL CORPORATION must prioritize risk management, ensure compliance with business information regulations, and maintain transparency in its financial data. Vanguard Business Information LLC (VNBiS) provides crucial insights into these areas, helping companies navigate regulatory landscapes while optimizing financial performance.

FORMOSA HA TINH STEEL CORPORATION remains a critical player in Vietnam’s industrial sector, with ongoing expansion efforts aimed at securing its position as a leading steel producer in Southeast Asia.

Legal Profile

English Name:

FORMOSA HA TINH STEEL CORPORATION

Vietnamese Name:

CÔNG TY TNHH GANG THÉP HƯNG NGHIỆP FORMOSA HÀ TĨNH

Short Name:

FHS

Business ID (TIN):

3000437821

Date of Registration:

12 Jun 2008

Registered Office:

Ha Tinh Province Department of Finance

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ CHEN, C.L

+ NIU, C

Address:

Vung Ang Economic Zone, Vung Ang Ward, Ha Tinh Province, Vietnam

Phone:

84-239 / 3722 123

Fax:

(84-239) 3722 112

Representative office:

U2, 7th Floor, Crescent Plaza, No. 105, Ton Dat Tien Street, Tan My Ward, Ho Chi Minh City, Vietnam

Representative office:

38th Floor, Keangnam Hanoi Landmark Tower, Yen Hoa Ward, Ha Noi City, Vietnam

Business Sector

Key business lines:

VSIC:

4663 Wholesale of construction materials and other installation supplies

NACE:

46.73 Wholesale of wood, construction materials and sanitary equipment

Industry Sales Growth

CAGR (2019 - 2023)

3.64%

YoY (2023)

-5.00%

Companies by industry

Company distribution and propportions

72,171

2.4824%

Key Industry Players

Top 10 companies in wholesale of construction materials and other installation supplies industry

prime trading, import and export one member limited liability company viet hai trading and transportation company limited rita võ group company limited (translated name) hoa binh minh corporation company limited my viet trading company limited viglacera ceramic tiles trading joint stock company nam phuong investment and trading company limited omanco material viet nam company limited scg cement-building materials vietnam limited liability company dong phuong – pdl services and production trading company limited

Payment History

Purchase the report to access company details.

Financial Performance

Assets	-50.83%
Owner’s Equity	-56.75%
Working Capital	-84.62%
Net Worth	-70.25%
Sales	76.03%
Operating income	66.78%
EBIT	51.08%
Gross Profit Margin	24.93%
Debt to EBITDA	-15.87%

📈 📊

Company Reports

Company Profile Report

Legal Profile

Contact and Location

Legal Representative

Shareholders

Business Operation

Assets

Owner's Equity

Sales

Profit

Company Standard Report

Legal Profile

Business Locations

Legal Representative

EBT

EBITDA

Working Capital

Tangible Net Worth

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Comprehensive Report

Report Summary

Legal Profile

Historical Information

Business Locations

Subsidiary and Affiliated Company

Management and Directors

Shareholders

Business Operation

Suppliers

Buyers

Credit Limit

Industry Information

Key Industry Players

Competitors

Negative Payment Records

Banking Information

Litigation Records; Negative News

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Opinion from Analysts

Specific Questions About FORMOSA HA TINH STEEL CORPORATION

When did FORMOSA HA TINH STEEL CORPORATION start operating?

FORMOSA HA TINH STEEL CORPORATION was started in 12 Jun 2008

What industry does FORMOSA HA TINH STEEL CORPORATION operate in?

FORMOSA HA TINH STEEL CORPORATION is operating in "Wholesale of construction materials and other installation supplies" industry

How can I contact FORMOSA HA TINH STEEL CORPORATION?

FORMOSA HA TINH STEEL CORPORATION phone numbers is 84-239 / 3722 123

What adverse news is there about FORMOSA HA TINH STEEL CORPORATION?

FORMOSA HA TINH STEEL CORPORATION’s has 13 bad news

What is stock symbol of FORMOSA HA TINH STEEL CORPORATION?

FORMOSA HA TINH STEEL CORPORATION is not listed company

Where is the location of FORMOSA HA TINH STEEL CORPORATION?

FORMOSA HA TINH STEEL CORPORATION is located at Vung Ang Economic Zone, Vung Ang Ward, Ha Tinh Province, Vietnam

What is FORMOSA HA TINH STEEL CORPORATION’s business registration?

FORMOSA HA TINH STEEL CORPORATION business registration is 3000437821

My Order (0)

FORMOSA HA TINH STEEL CORPORATION