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GALAXY TECHNOLOGY COMPANY LIMITED

Active

Business ID 5701732829

+84 865 885 052

GALAXY TECHNOLOGY COMPANY LIMITED

Active

Business ID 5701732829

+84 865 885 052

GALAXY TECHNOLOGY COMPANY LIMITED

Active

Summary

Name:

GALAXY TECHNOLOGY COMPANY LIMITED

Business ID (TIN):

5701732829

Date of Registration:

13 Sep 2014

Registered Office:

Quang Ninh Province Department of Finance

Address:

Plot 04.02, Lot CN36, Hai Ha Industrial Park, Quang Ha Commune, Quang Ninh Province, Vietnam

Phone:

+84 865 885 052

Financial Statement:

2020, 2021, 2022, 2023, 2024

GALAXY TECHNOLOGY COMPANY LIMITED: A Leading FDI Textile Enterprise in Vietnam

GALAXY TECHNOLOGY COMPANY LIMITED (CÔNG TY TNHH CÔNG NGHỆ KỸ THUẬT NGÂN HÀ) is a prominent foreign-invested enterprise operating in Vietnam’s textile manufacturing industry. With a decade of experience and a solid industrial presence in Quảng Ninh Province, GALAXY TECHNOLOGY COMPANY LIMITED has become a key player in the spinning and weaving sector.

Legal Status and Registration

GALAXY TECHNOLOGY COMPANY LIMITED is a one-member limited liability company officially registered on September 13, 2014. The company’s Tax Identification Number (TIN) is 5701732829, issued by the Quang Ninh Province Department of Planning and Investment. This FDI entity is wholly owned by YINGUANG TECHNOLOGY INVESTMENT LIMITED, a Hong Kong-based corporation holding 100% equity.

The company is headquartered at Plot 04.02, Lot CN36, Texhong Hai Ha Industrial Park, Quang Ha Town, Hai Ha District, Quang Ninh Province, Vietnam, and employs approximately 3,400 workers.

Key Personnel

At the helm of GALAXY TECHNOLOGY COMPANY LIMITED is Mr. TAO HUI, a Chinese national serving as the General Director. Under his leadership, the company has maintained active operations despite recent financial headwinds.

Financial Overview

In the fiscal year ending December 31, 2023, GALAXY TECHNOLOGY COMPANY LIMITED reported the following key financial data (all figures in USD):

Total Assets: $362.81 million
Sales Revenue: $414.16 million
Owner’s Equity: $132.57 million
Net Profit: -$39.28 million
Working Capital: -$37.25 million

These figures reflect a decline in year-over-year performance, with sales down 18.11% and equity dropping by 22.98%. Despite a negative profit margin in 2023, the company remains operational and holds significant asset value.

Business Activities

GALAXY TECHNOLOGY COMPANY LIMITED is primarily engaged in:

Spinning of textile fibres
Weaving yarn and fabric
Finishing of textiles
Wholesale and retail of textiles, machinery, and non-metallic mineral products
Electric power generation
Leasing of machinery and equipment

The company also operates retail and e-commerce channels for textile and clothing products.

With strong foreign backing, a decade-long track record, and substantial production capacity, GALAXY TECHNOLOGY COMPANY LIMITED continues to shape Vietnam’s textile sector. While recent financial figures show challenges, its asset base, workforce, and operational infrastructure position it well for potential recovery and long-term growth.

GALAXY TECHNOLOGY COMPANY LIMITED represents the resilience and scale of Vietnam’s FDI-led industrial expansion.

Legal Profile

English Name:

GALAXY TECHNOLOGY COMPANY LIMITED

Vietnamese Name:

CÔNG TY TNHH CÔNG NGHỆ KỸ THUẬT NGÂN HÀ

Short Name:

GALAXY TECHNOLOGY

Business ID (TIN):

5701732829

Date of Registration:

13 Sep 2014

Registered Office:

Quang Ninh Province Department of Finance

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

ZHOU, B

Address:

Plot 04.02, Lot CN36, Hai Ha Industrial Park, Quang Ha Commune, Quang Ninh Province, Vietnam

Phone:

+84 865 885 052

Business Sector

Key business lines:

VSIC:

1311 Spinning of textile fibres

NACE:

13.10 Preparation and spinning of textile fibres

Industry Sales Growth

CAGR (2019 - 2023)

2.75%

YoY (2023)

-7.45%

Companies by industry

Company distribution and propportions

1,268

0.0436%

Key Industry Players

Top 10 companies in spinning of textile fibres industry

formosa industries corporation hs hyosung viet nam company limited coats phong phu limited liability company renze textile joint stock company brotex (vietnam) co., ltd yinlong technology company limited hyosung dong nai company limited galaxy technology company limited far eastern polytex (viet nam) limited shundao (vietnam) industrial company limited

Payment History

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Financial Performance

Assets	-97.68%
Owner’s Equity	-36.35%
Working Capital	-69.25%
Net Worth	-60.00%
Sales	-40.60%
Operating income	-45.85%
EBIT	-51.41%
Gross Profit Margin	-51.38%
Debt to EBITDA	2.05%

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Negative Payment Records

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Opinion from Analysts

Specific Questions About GALAXY TECHNOLOGY COMPANY LIMITED

When did GALAXY TECHNOLOGY COMPANY LIMITED start operating?

GALAXY TECHNOLOGY COMPANY LIMITED was started in 13 Sep 2014

What industry does GALAXY TECHNOLOGY COMPANY LIMITED operate in?

GALAXY TECHNOLOGY COMPANY LIMITED is operating in "Spinning of textile fibres" industry

How can I contact GALAXY TECHNOLOGY COMPANY LIMITED?

GALAXY TECHNOLOGY COMPANY LIMITED phone numbers is +84 865 885 052

What adverse news is there about GALAXY TECHNOLOGY COMPANY LIMITED?

GALAXY TECHNOLOGY COMPANY LIMITED’s has 1 bad news

What is stock symbol of GALAXY TECHNOLOGY COMPANY LIMITED?

GALAXY TECHNOLOGY COMPANY LIMITED is not listed company

Where is the location of GALAXY TECHNOLOGY COMPANY LIMITED?

GALAXY TECHNOLOGY COMPANY LIMITED is located at Plot 04.02, Lot CN36, Hai Ha Industrial Park, Quang Ha Commune, Quang Ninh Province, Vietnam

What is GALAXY TECHNOLOGY COMPANY LIMITED’s business registration?

GALAXY TECHNOLOGY COMPANY LIMITED business registration is 5701732829

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GALAXY TECHNOLOGY COMPANY LIMITED