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

HA LONG - CFG FLOAT GLASS COMPANY LIMITED

Active

Business ID 2700674142

+84 985 070 909

HA LONG - CFG FLOAT GLASS COMPANY LIMITED

Active

Business ID 2700674142

+84 985 070 909

HA LONG - CFG FLOAT GLASS COMPANY LIMITED

Active

Summary

Name:

HA LONG - CFG FLOAT GLASS COMPANY LIMITED

Business ID (TIN):

2700674142

Date of Registration:

30 Sep 2013

Registered Office:

Ninh Binh Province Department of Planning and Investment

Address:

Khanh Cu Industrial Park, Khanh Cu Commune, Yen Khanh District, Ninh Binh Province, Vietnam

Phone:

+84 985 070 909

Financial Statement:

2020, 2021, 2022, 2023, 2024

HA LONG - CFG FLOAT GLASS COMPANY LIMITED (Vietnamese name: CÔNG TY TNHH KÍNH NỔI HẠ LONG - CFG) is a privately held one-member limited liability company operating under Business ID and Tax Identification Number 2700674142. The enterprise was registered on September 30, 2013, with the Ninh Binh Province Department of Planning and Investment. Its registered address is located in Khanh Cu Industrial Park, Khanh Cu Commune, Yen Khanh District, Ninh Binh Province, Vietnam.

The company is led by Mr. Do T. V., General Director, and Ms. Phan T. N. L., Chief Accountant, both of whom are Vietnamese nationals. With a workforce of approximately 700 employees and a paid-up charter capital of over USD 98.1 million, HA LONG - CFG FLOAT GLASS is a substantial manufacturer of float glass, primarily serving the construction and architectural sectors.

As of the fiscal year ending December 31, 2023, the company’s total assets reached USD 212.15 million, reflecting a 9.01% year-over-year increase. Sales revenue also climbed to USD 140.96 million, a 5.11% increase from the previous year, indicating moderate growth in operational output. However, net profit declined slightly to USD 1.92 million, down 2% from 2022. While the business remains profitable, the margin has tightened considerably from its peak in 2021, and profitability appears to have plateaued in recent years. The company's working capital also contracted significantly, falling by 62.07% to USD 2.71 million, signaling a potential need for improved liquidity and capital allocation strategies.

Despite the decline in earnings, HA LONG - CFG FLOAT GLASS maintains a stable equity position, with owner’s equity standing at approximately USD 101.98 million, barely changed from the previous year. The enterprise's net worth remains robust at USD 85.6 million, backed by tangible assets and a long-term industrial presence. These figures suggest that the company is financially stable but may be facing margin pressure, possibly due to rising input costs, competition, or cyclical shifts in construction demand.

CFG fully owns the company - Chu Lai Float Glass Joint Stock Company, a domestic Vietnamese investor. This backing provides continuity and regional industrial synergies, especially considering the strategic importance of glass manufacturing in Vietnam's growing infrastructure sector.

From a risk management perspective, the company appears to be navigating a transition phase. While its sales performance is positive and assets are growing, stakeholders should monitor the steady erosion in profits and liquidity. Businesses using business verification services or analyzing Vietnam private financial data should regard HA LONG—CFG FLOAT GLASS as a stable but efficiency-sensitive enterprise, where cost controls and demand dynamics will likely define its future trajectory.

VANGUARD BUSINESS INFORMATION LLC (VBI) continues to monitor HA LONG - CFG FLOAT GLASS COMPANY LIMITED as part of its commitment to providing objective financial intelligence, enabling clients to make informed decisions backed by reliable risk management service and transparent data on Vietnamese enterprises.

Legal Profile

English Name:

HA LONG - CFG FLOAT GLASS COMPANY LIMITED

Vietnamese Name:

CÔNG TY TNHH KÍNH NỔI HẠ LONG - CFG

Business ID (TIN):

2700674142

Date of Registration:

30 Sep 2013

Registered Office:

Ninh Binh Province Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ DO T.V

+ PHAN T.N.L

Address:

Khanh Cu Industrial Park, Khanh Cu Commune, Yen Khanh District, Ninh Binh Province, Vietnam

Phone:

+84 985 070 909

Business Sector

Key business lines:

VSIC:

2310 Manufacture of glass and glass products

NAICS:

3272 Glass and Glass Product Manufacturing

Industry Sales Growth

CAGR (2019 - 2023)

0.70%

YoY (2023)

17.83%

Companies by industry

Company distribution and propportions

408

0.0140%

Key Industry Players

Top 10 companies in manufacture of glass and glass products industry

malaya - vietnam glass limited (translated name) viglacera float glass company - branch of viglacera corporation - jsc hai long kyoto company cfg - chu lai float glass joint stock company the branch of malaya - vietnam glass limited jntc vina company limited viet nhat safety glass joint stock company ha long - cfg float glass company limited phu my ultra clear float glass co., ltd flat (vietnam) company limited

Payment History

Purchase the report to access company details.

Financial Performance

Assets	-74.34%
Owner’s Equity	16.31%
Working Capital	-48.20%
Net Worth	14.94%
Sales	4.68%
Operating income	93.10%
EBIT	-73.16%
Gross Profit Margin	46.89%
Debt to EBITDA	1.52%

📈 📊

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 HA LONG - CFG FLOAT GLASS COMPANY LIMITED

When did HA LONG - CFG FLOAT GLASS COMPANY LIMITED start operating?

HA LONG - CFG FLOAT GLASS COMPANY LIMITED was started in 30 Sep 2013

What industry does HA LONG - CFG FLOAT GLASS COMPANY LIMITED operate in?

HA LONG - CFG FLOAT GLASS COMPANY LIMITED is operating in "Manufacture of glass and glass products" industry

How can I contact HA LONG - CFG FLOAT GLASS COMPANY LIMITED?

HA LONG - CFG FLOAT GLASS COMPANY LIMITED phone numbers is +84 985 070 909

What adverse news is there about HA LONG - CFG FLOAT GLASS COMPANY LIMITED?

HA LONG - CFG FLOAT GLASS COMPANY LIMITED’s has no negative news

What is stock symbol of HA LONG - CFG FLOAT GLASS COMPANY LIMITED?

HA LONG - CFG FLOAT GLASS COMPANY LIMITED is not listed company

Where is the location of HA LONG - CFG FLOAT GLASS COMPANY LIMITED?

HA LONG - CFG FLOAT GLASS COMPANY LIMITED is located at Khanh Cu Industrial Park, Khanh Cu Commune, Yen Khanh District, Ninh Binh Province, Vietnam

What is HA LONG - CFG FLOAT GLASS COMPANY LIMITED’s business registration?

HA LONG - CFG FLOAT GLASS COMPANY LIMITED business registration is 2700674142

My Order (0)

HA LONG - CFG FLOAT GLASS COMPANY LIMITED

HA LONG - CFG FLOAT GLASS COMPANY LIMITED

HA LONG - CFG FLOAT GLASS COMPANY LIMITED

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

We've just released an update!

Don’t miss any of our insights

HA LONG - CFG FLOAT GLASS COMPANY LIMITED

HA LONG - CFG FLOAT GLASS COMPANY LIMITED

HA LONG - CFG FLOAT GLASS COMPANY LIMITED

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

Access Required

Notification