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FUYU PRECISION COMPONENT COMPANY LIMITED

Active

Business ID 2400879766

84-204 / 3662 888

FUYU PRECISION COMPONENT COMPANY LIMITED

Active

Business ID 2400879766

84-204 / 3662 888

FUYU PRECISION COMPONENT COMPANY LIMITED

Active

Summary

Name:

FUYU PRECISION COMPONENT COMPANY LIMITED

Business ID (TIN):

2400879766

Date of Registration:

20 Dec 2019

Registered Office:

Bac Giang Province Department of Planning and Investment

Address:

Lot M1, Lot F, and Lot T1, Quang Chau Industrial Park, Van Trung Ward, Viet Yen District, Bac Giang Province, Vietnam

Phone:

84-204 / 3662 888

Financial Statement:

2020, 2021, 2022, 2023, 2024

FUYU PRECISION COMPONENT COMPANY LIMITED is a major player in Vietnam’s communication equipment and consumer electronics manufacturing sector. Established on December 20, 2019, the company operates in Quang Chau Industrial Park, Bac Giang Province, strategically located within one of Vietnam’s most important industrial hubs. With its focus on precision technology, metal processing, and plastic component manufacturing, the company has rapidly expanded, making significant contributions to the country’s electronics supply chain. Given its remarkable growth trajectory, VANGUARD BUSINESS INFORMATION (VBI) recognizes FUYU PRECISION COMPONENT COMPANY LIMITED as a key contributor to Vietnam’s manufacturing sector.

Financially, FUYU PRECISION COMPONENT COMPANY LIMITED has demonstrated exceptional growth, with total sales reaching USD 2.73 billion in 2023, representing a 13.91% increase year-over-year. Despite a slight decline in total assets (-8.42%), the company saw a 107.74% increase in equity and a 67.26% increase in profit, bringing net earnings to USD 162.49 million. The company’s charter capital and paid-up capital stand at USD 145.77 million, highlighting its strong financial foundation. These figures reflect steady expansion and strategic investment, positioning it among Vietnam’s top technology manufacturers. VBI monitors FUYU PRECISION COMPONENT COMPANY LIMITED closely, as it remains an important entity in the global supply chain for electronic components.

FUYU PRECISION COMPONENT COMPANY LIMITED specializes in manufacturing communication equipment, processing metal and plastic components, and assembling consumer electronics. Additionally, the company operates in optical instrument manufacturing, peripheral computing equipment production, and repair services for electronic devices. With 16,000 employees, it plays a significant role in Vietnam’s labor market, contributing to the growth of high-tech industries. Situated in Bac Giang Province, FUYU PRECISION COMPONENT COMPANY LIMITED benefits from Vietnam’s competitive manufacturing environment, allowing it to cater to both domestic and international clients. Given its scale and specialization, VBI considers it an essential player in Vietnam’s high-tech industry.

The company is structured as a foreign direct investment (FDI) enterprise, jointly owned by FUHONG PRECISION COMPONENT (BAC GIANG) COMPANY LIMITED (50%) and FUNING PRECISION COMPONENT COMPANY LIMITED (50%). This ownership structure underscores its strong ties to international markets and technological expertise. The General Director, Mr. CHUANG, TZU-YI, leads the company’s operations with a focus on innovation and efficiency. The company’s close collaboration with international electronics firms positions it as a crucial supplier for global technology giants. Due to its significant foreign ownership, VBI tracks FUYU PRECISION COMPONENT COMPANY LIMITED’s performance to assess its impact on Vietnam’s FDI-driven manufacturing economy.

Despite its strong financial standing, FUYU PRECISION COMPONENT COMPANY LIMITED faces challenges such as fluctuating global demand, supply chain disruptions, and evolving trade regulations. The company’s ability to maintain profitability and sustain high growth rates will depend on technological advancements, operational efficiency, and strategic partnerships. Additionally, its continued focus on high-value electronic components and sustainable manufacturing practices will be key factors in maintaining its competitive edge. As an industry leader, VBI continues to monitor FUYU PRECISION COMPONENT COMPANY LIMITED for insights into Vietnam’s expanding electronics sector.

In conclusion, FUYU PRECISION COMPONENT COMPANY LIMITED stands as a powerhouse in Vietnam’s electronics industry, with a strong financial position, a highly skilled workforce, and a strategic location in one of Vietnam’s most developed industrial zones. While it faces some market challenges, its technological capabilities, expansion potential, and strong ownership structure position it for continued success. For businesses and investors looking for insights into Vietnam’s electronics and precision manufacturing industries, VBI’s in-depth reports provide comprehensive analyses of market trends, financial risks, and business opportunities.

Legal Profile

English Name:

FUYU PRECISION COMPONENT COMPANY LIMITED

Vietnamese Name:

CÔNG TY TNHH CÔNG NGHỆ CHÍNH XÁC FUYU

Short Name:

FUYU PRECISION COMPONENT CO., LTD.

Business ID (TIN):

2400879766

Date of Registration:

20 Dec 2019

Registered Office:

Bac Giang Province Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

CHUANG, T

Address:

Lot M1, Lot F, and Lot T1, Quang Chau Industrial Park, Van Trung Ward, Viet Yen District, Bac Giang Province, Vietnam

Phone:

84-204 / 3662 888

Transaction office:

The Center Accounting Department - Hon Hai Technology Group, B11 Building, Lot B, Que Vo Industrial Park, Bac Ninh Province, Vietnam

Business Sector

Key business lines:

VSIC:

2599 Manufacture of other fabricated metal products n.e.c.

NACE:

25.91 Manufacture of other fabricated metal products

Industry Sales Growth

CAGR (2019 - 2023)

8.57%

YoY (2023)

-4.18%

Companies by industry

Company distribution and propportions

6,511

0.2240%

Key Industry Players

Top 10 companies in manufacture of other fabricated metal products n.e.c. industry

crown beverage cans saigon limited vision international co., ltd crown beverage cans (dong nai) limited dai dung metallic manufacture construction and trade corporation kim tin group corporation hyundai aluminum vina shareholding company shin-etsu magnetic materials vietnam co., ltd global vietnam aluminium company limited my viet trading and industries company limited seojin viet nam limited company

Payment History

Purchase the report to access company details.

Financial Performance

Assets	41.98%
Owner’s Equity	81.97%
Working Capital	73.21%
Net Worth	-40.31%
Sales	-68.94%
Operating income	-94.93%
EBIT	-8.43%
Gross Profit Margin	-21.97%
Debt to EBITDA	18.05%

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Specific Questions About FUYU PRECISION COMPONENT COMPANY LIMITED

When did FUYU PRECISION COMPONENT COMPANY LIMITED start operating?

FUYU PRECISION COMPONENT COMPANY LIMITED was started in 20 Dec 2019

What industry does FUYU PRECISION COMPONENT COMPANY LIMITED operate in?

FUYU PRECISION COMPONENT COMPANY LIMITED is operating in "Manufacture of other fabricated metal products n.e.c." industry

How can I contact FUYU PRECISION COMPONENT COMPANY LIMITED?

FUYU PRECISION COMPONENT COMPANY LIMITED phone numbers is 84-204 / 3662 888

What adverse news is there about FUYU PRECISION COMPONENT COMPANY LIMITED?

FUYU PRECISION COMPONENT COMPANY LIMITED’s has no negative news

What is stock symbol of FUYU PRECISION COMPONENT COMPANY LIMITED?

FUYU PRECISION COMPONENT COMPANY LIMITED is not listed company

Where is the location of FUYU PRECISION COMPONENT COMPANY LIMITED?

FUYU PRECISION COMPONENT COMPANY LIMITED is located at Lot M1, Lot F, and Lot T1, Quang Chau Industrial Park, Van Trung Ward, Viet Yen District, Bac Giang Province, Vietnam

What is FUYU PRECISION COMPONENT COMPANY LIMITED’s business registration?

FUYU PRECISION COMPONENT COMPANY LIMITED business registration is 2400879766

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