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FULIN PLASTIC INDUSTRY JOINT STOCK COMPANY

Active

Business ID 0200109445

84-225 / 3 860 399 / 3 860 375 / 3 860 376

FULIN PLASTIC INDUSTRY JOINT STOCK COMPANY

Active

Business ID 0200109445

84-225 / 3 860 399 / 3 860 375 / 3 860 376

FULIN PLASTIC INDUSTRY JOINT STOCK COMPANY

Active

Summary

Name:

FULIN PLASTIC INDUSTRY JOINT STOCK COMPANY

Business ID (TIN):

0200109445

Date of Registration:

30 Jun 2008

Registered Office:

Hai Phong City Department of Planning and Investment

Address:

Km 9, Pham Van Dong Street, Hai Thanh Ward, Duong Kinh District, Hai Phong City, Vietnam

Phone:

84-225 / 3 860 399 / 3 860 375 / 3 860 376

Fax:

(84-225) 3 860 500/ 3 860 373

Financial Statement:

2020, 2021, 2022, 2023, 2024

Fulin Plastic Industry Joint Stock Company is a foreign invested enterprise operating in Vietnam’s large scale plastics manufacturing sector. Established in 2008, the company specializes in the production of a diverse range of plastic materials and finished goods including PVC leather, PU leather, clear sheets, opaque sheets, decorative films, floor tiles, and industrial tarpaulin. Over more than 17 years of operation, Fulin has developed into one of the notable plastic material suppliers in northern Vietnam serving both domestic manufacturers and export oriented clients. Supported by a workforce of 900 employees, the company operates its main manufacturing facility in Hai Phong and maintains additional branches in Dong Nai, Ho Chi Minh City, and Ha Noi for nationwide coverage.

One particularly interesting aspect of Fulin is its product breadth. Unlike many local competitors that focus on a narrow set of items, Fulin operates across multiple segments within the plastics ecosystem, enabling broader customer reach and resilience across market cycles. This wide diversification is uncommon in Vietnam’s plastics industry and offers insight into the company’s long term strategic positioning.

Leadership and Shareholders

The company is led by Wang Y. L., Chairman and General Director, who oversees corporate strategy, operational management, and group level coordination across all Vietnam based facilities. His leadership integrates both local operations and the strategic direction set by the foreign parent company.

Financial oversight is managed by Do T. T. T., Chief Accountant, who supervises reporting, cost control, and compliance with Vietnamese accounting regulations.

Fulin is wholly controlled by foreign shareholders. Fulin Plastic Industry Cayman Holding Co., Ltd holds 100 percent ownership, reflecting a centralized structure directed by overseas investors. Additional individuals connected to the group include Huang C. L. and Hsu N., both of whom maintain ties to the parent company’s extended network.

Financial Growth and Market Risks

Fulin Plastic Industry Joint Stock Company generated revenue of USD 79.04 million in 2023, although this represented a contraction compared to the prior year as global demand for synthetic materials softened and customers adjusted inventories. While the company maintained solid equity growth, profitability declined due to higher material costs and tighter margins across several product categories.

Key risks remain centered on fluctuations in crude oil prices which directly impact PVC and PU feedstock costs, competitive pressure from both domestic and regional manufacturers, and the sensitivity of downstream industries such as footwear, furniture, and construction. The company’s multi product model provides some cushion against single market volatility, but a deeper analysis of its credit strength, working capital trend, and long term liquidity is best assessed through the VNBIS Company Comprehensive Report.

Business Intelligence and Risk Outlook

Fulin operates in a sector influenced by global raw material pricing, export demand, and changes in consumer manufacturing cycles. Short term performance will depend on input cost stability and the recovery of export orders from sectors such as furniture, garments, and industrial goods. The company’s long term outlook will be shaped by its ability to maintain product diversification, modernize production technology, and strengthen its distribution footprint across Vietnam.

What distinguishes Fulin is its integrated geographic presence, with facilities and offices in Hai Phong, Dong Nai, Ho Chi Minh City, and Ha Noi. This structure allows efficient servicing of customers across key industrial corridors and positions the company as a multi regional plastics supplier with strong logistical flexibility.

VNBIS Support and Business Services

Vanguard Business Information LLC (VNBIS) provides a comprehensive range of business intelligence solutions to support investors and partners evaluating the financial and operational standing of Fulin Plastic Industry Joint Stock Company.

VNBIS services include:

Company Credit Reports evaluating solvency, liquidity, and financial health
Risk Management Solutions analyzing exposure to raw material pricing, working capital pressure, and competitive dynamics in the plastics industry
Business Verification and Due Diligence Reports confirming ownership structure, compliance, and governance records

Through these services, VNBIS helps clients make secure, transparent, and data driven business decisions.

Legal Profile

English Name:

FULIN PLASTIC INDUSTRY JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN CÔNG NGHIỆP NHỰA PHÚ LÂM

Business ID (TIN):

0200109445

Date of Registration:

30 Jun 2008

Registered Office:

Hai Phong City Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ WANG Y.L

+ DO T.T.T

Address:

Km 9, Pham Van Dong Street, Hai Thanh Ward, Duong Kinh District, Hai Phong City, Vietnam

Phone:

84-225 / 3 860 399 / 3 860 375 / 3 860 376

Fax:

(84-225) 3 860 500/ 3 860 373

Branch:

Lot 109, Amata Industrial Park, Long Binh Ward, Bien Hoa City, Dong Nai Province, Vietnam

Representative office:

No. 21, Ly Thuong Kiet Street, Ward 7, District 11, Ho Chi Minh City, Vietnam

Representative office:

Phu O Hamlet, Binh Phu Commune, Thach That District, Ha Noi City, Vietnam

Representative office:

No. 129, Dien Bien Phu Street, Chinh Gian Ward, Thanh Khe District, Da Nang City, Vietnam

Business Sector

Key business lines:

VSIC:

2220 Manufacture of plastics products

NACE:

22.22 Manufacture of plastics products

NAICS:

3261 Plastics Product Manufacturing

Industry Sales Growth

CAGR (2019 - 2023)

4.40%

YoY (2023)

-5.15%

Companies by industry

Company distribution and propportions

13,108

0.4509%

Key Industry Players

Top 10 companies in manufacture of plastics products industry

plastic chemicals group joint stock company binh minh plastics joint stock company tien phong plastic joint stock company an phat bioplastics joint stock company duy tan plastics manufacturing corporation phan minh investment production trading services company limited an tien industries joint stock company continent packaging corporation stavian chemical joint stock company segyung vina company limited

Payment History

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Financial Performance

Assets	-70.28%
Owner’s Equity	-72.72%
Working Capital	-73.14%
Net Worth	-31.93%
Sales	-12.44%
Operating income	31.14%
EBIT	-5.15%
Gross Profit Margin	-46.46%
Debt to EBITDA	58.72%

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Comprehensive Report

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Subsidiary and Affiliated Company

Management and Directors

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Business Operation

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Industry Information

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Negative Payment Records

Banking Information

Litigation Records; Negative News

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Profit and Loss Statement

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Opinion from Analysts

Specific Questions About FULIN PLASTIC INDUSTRY JOINT STOCK COMPANY

When did FULIN PLASTIC INDUSTRY JSC start operating?

FULIN PLASTIC INDUSTRY JSC was started in 30 Jun 2008

What industry does FULIN PLASTIC INDUSTRY JSC operate in?

FULIN PLASTIC INDUSTRY JSC is operating in "Manufacture of plastics products" industry

How can I contact FULIN PLASTIC INDUSTRY JSC?

FULIN PLASTIC INDUSTRY JSC phone numbers is 84-225 / 3 860 399 / 3 860 375 / 3 860 376

What adverse news is there about FULIN PLASTIC INDUSTRY JSC?

FULIN PLASTIC INDUSTRY JSC’s has no negative news

What is stock symbol of FULIN PLASTIC INDUSTRY JSC?

FULIN PLASTIC INDUSTRY JSC is not listed company

Where is the location of FULIN PLASTIC INDUSTRY JSC?

FULIN PLASTIC INDUSTRY JSC is located at Km 9, Pham Van Dong Street, Hai Thanh Ward, Duong Kinh District, Hai Phong City, Vietnam

What is FULIN PLASTIC INDUSTRY JSC’s business registration?

FULIN PLASTIC INDUSTRY JSC business registration is 0200109445

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FULIN PLASTIC INDUSTRY JOINT STOCK COMPANY

FULIN PLASTIC INDUSTRY JOINT STOCK COMPANY

FULIN PLASTIC INDUSTRY JOINT STOCK COMPANY

Leadership and Shareholders

Financial Growth and Market Risks

Business Intelligence and Risk Outlook

VNBIS Support and Business Services

Company Profile Report

Company Standard Report

Comprehensive Report

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FULIN PLASTIC INDUSTRY JOINT STOCK COMPANY

FULIN PLASTIC INDUSTRY JOINT STOCK COMPANY

FULIN PLASTIC INDUSTRY JOINT STOCK COMPANY

Leadership and Shareholders

Financial Growth and Market Risks

Business Intelligence and Risk Outlook

VNBIS Support and Business Services

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

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