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FU-LUH SHOES CO., LTD

Active

Business ID 1100733122

84-272 / 3732 386

FU-LUH SHOES CO., LTD

Active

Business ID 1100733122

84-272 / 3732 386

FU-LUH SHOES CO., LTD

Active

Summary

Name:

FU-LUH SHOES CO., LTD

Business ID (TIN):

1100733122

Date of Registration:

20 Jun 2008

Registered Office:

Long An Province Department of Planning and Investment

Address:

Tri Yen Quarter, Can Giuoc Town, Can Giuoc District, Long An Province, Vietnam

Phone:

84-272 / 3732 386

Financial Statement:

2020, 2021, 2022, 2023, 2024

FU-LUH Shoes Co., Ltd: Resilient Export Manufacturer in Vietnam’s Footwear Supply Chain

Located in Can Giuoc District, Long An Province, FU-LUH SHOES CO., LTD (CÔNG TY TNHH GIẦY FU-LUH) has been a reliable name in Vietnam’s export footwear industry for over 16 years. Established in June 2008, the company operates as a 100% foreign direct investment (FDI) enterprise, owned by ETERNITY INTERNATIONAL LTD, headquartered in Samoa. Its specialization in manufacturing and processing sport shoes for Nike highlights its integration into the global supply chain of premium sportswear.

In 2023, FU-LUH reported total revenue of USD 114.71 million, a slight decline of 1.96% compared to the previous year, indicating relatively stable sales despite global headwinds. The company’s net profit stood at USD 4.28 million, down from USD 6.63 million in 2022, reflecting a 35.5% drop in profitability. This contraction could be attributed to rising material and labor costs or foreign exchange impacts, a common concern in export manufacturing. However, even with this drop, FU-LUH remained firmly profitable.

The company's total assets as of the end of 2023 were USD 91.32 million, showing a 3.8% decline from the previous year. On the other hand, owner’s equity increased by 6.81%, reaching USD 67.07 million, signaling continued capital reinvestment and financial resilience. Notably, working capital surged by 354.52%, reaching USD 16.14 million, which reflects improved short-term liquidity and operational stability — a positive sign for creditors, suppliers, and logistics partners.

With a workforce of 12,000 employees, FU-LUH is one of the significant employers in southern Vietnam’s industrial belt. Its manufacturing capability and consistency in order fulfillment make it a strategic partner for international buyers. The company’s General Director, Mr. Kenji Umemura, brings Japanese management discipline to the business, aligning with global standards in compliance, labor practices, and quality control.

Beyond footwear, the company has registered interests in related sectors including luggage manufacturing, printing, property trading, and even electric power generation and distribution. While this diversified registration does not necessarily reflect active operations in all fields, it suggests a long-term vision that goes beyond shoes alone.

That said, FU-LUH does face several challenges. The profit decline in 2023 and modest dip in total assets show vulnerability to macroeconomic shifts and industry volatility. Continued focus on cost control, ESG compliance, and sustainable sourcing will be essential as major brands tighten standards and consumers demand greater transparency from manufacturers.

In conclusion, FU-LUH SHOES CO., LTD is a well-established, mid-to-large scale footwear producer in Vietnam, with deep integration in global supply chains and a stable financial base. Despite recent profit fluctuations, the company remains a dependable supplier for top-tier brands and shows signs of strategic endurance in a highly competitive industry.

Legal Profile

English Name:

FU-LUH SHOES CO., LTD

Vietnamese Name:

CÔNG TY TNHH GIẦY FU-LUH

Short Name:

Business ID (TIN):

1100733122

Date of Registration:

20 Jun 2008

Registered Office:

Long An Province Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

UMEMURA, K

Address:

Tri Yen Quarter, Can Giuoc Town, Can Giuoc District, Long An Province, Vietnam

Phone:

84-272 / 3732 386

Business Sector

Key business lines:

VSIC:

3512 Electricity transmission and distribution

Industry Sales Growth

CAGR (2019 - 2023)

-16.57%

YoY (2023)

-29.10%

Companies by industry

Company distribution and propportions

984

0.0338%

Key Industry Players

Top 10 companies in electricity transmission and distribution industry

hanoi power corporation national power transmission corporation central power corporation dong nai power company limited bac ninh power company - branch of northern power corporation quang ninh power company - branch of northern power corporation haiphong power company limited hai duong power company limited - northern power corporation thanh hoa power company - branch of northern power corporation binh duong power company limited

Payment History

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Financial Performance

Assets	-90.56%
Owner’s Equity	5.72%
Working Capital	63.84%
Net Worth	-78.80%
Sales	-14.85%
Operating income	-69.03%
EBIT	46.75%
Gross Profit Margin	35.45%
Debt to EBITDA	-33.02%

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Specific Questions About FU-LUH SHOES CO., LTD

When did FU-LUH SHOES CO., LTD start operating?

FU-LUH SHOES CO., LTD was started in 20 Jun 2008

What industry does FU-LUH SHOES CO., LTD operate in?

FU-LUH SHOES CO., LTD is operating in "Electricity transmission and distribution" industry

How can I contact FU-LUH SHOES CO., LTD?

FU-LUH SHOES CO., LTD phone numbers is 84-272 / 3732 386

What adverse news is there about FU-LUH SHOES CO., LTD?

FU-LUH SHOES CO., LTD’s has no negative news

What is stock symbol of FU-LUH SHOES CO., LTD?

FU-LUH SHOES CO., LTD is not listed company

Where is the location of FU-LUH SHOES CO., LTD?

FU-LUH SHOES CO., LTD is located at Tri Yen Quarter, Can Giuoc Town, Can Giuoc District, Long An Province, Vietnam

What is FU-LUH SHOES CO., LTD’s business registration?

FU-LUH SHOES CO., LTD business registration is 1100733122

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FU-LUH SHOES CO., LTD

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FU-LUH Shoes Co., Ltd: Resilient Export Manufacturer in Vietnam’s Footwear Supply Chain

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FU-LUH SHOES CO., LTD

FU-LUH SHOES CO., LTD

FU-LUH SHOES CO., LTD

FU-LUH Shoes Co., Ltd: Resilient Export Manufacturer in Vietnam’s Footwear Supply Chain

Company Profile Report

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