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HAENGSUNG ELECTRONICS VIET NAM CO.,LTD

Active

Business ID 0201635899

+84 965 450 008

HAENGSUNG ELECTRONICS VIET NAM CO.,LTD

Active

Business ID 0201635899

+84 965 450 008

HAENGSUNG ELECTRONICS VIET NAM CO.,LTD

Active

Summary

Name:

HAENGSUNG ELECTRONICS VIET NAM CO.,LTD

Business ID (TIN):

0201635899

Date of Registration:

27 May 2015

Registered Office:

Hai Phong City Department of Finance

Address:

Lot K1, Trang Due Industrial Park, belonging to Dinh Vu - Cat Hai Economic Zone, An Phong Ward, Hai Phong City, Vietnam

Phone:

+84 965 450 008

Financial Statement:

2020, 2021, 2022, 2023, 2024

HAENGSUNG ELECTRONICS VIET NAM CO., LTD, officially registered under tax code 0201635899, is a wholly foreign-owned enterprise operating in the heart of Vietnam’s northern electronics manufacturing hub. The company was founded on May 27, 2015, as a one-member limited liability company, and is 100% owned by EUJIN WINSYS CO., LTD of South Korea. It is headquartered at Lot K1, Trang Due Industrial Park, within the Dinh Vu – Cat Hai Economic Zone, An Phong Ward, Hai Phong City, Vietnam.

Led by General Director Mr. Choi Soo Heun, a South Korean national, the company employs more than 1,300 workers. It is engaged primarily in the manufacturing and assembly of electronic circuit boards and components. Its core production serves global electronics and consumer device supply chains. HAENGSUNG ELECTRONICS also holds licenses across a wide range of supporting sectors, from specialized retail to food services and short-term accommodation, suggesting the presence of worker dormitories and integrated factory support infrastructure.

In 2023, the company recorded USD 119.27 million in total revenue, slightly down from the previous year, reflecting modest pressure on top-line growth. However, the company reported a remarkable turnaround in profitability, with net profit surging to USD 6.3 million, up over 1,500% year-over-year. This impressive recovery comes after a modest profit of just USD 387,590 in 2022, indicating strong cost optimization or operational efficiency gains. Total assets reached USD 76.99 million, and equity rose sharply to USD 39.46 million, underlining solid internal financial health and reinvestment capability.

Despite this, the company still operated with a negative working capital of USD -1.91 million, a sign that liquidity management remains tight, possibly due to rapid turnover or high short-term liabilities. Nonetheless, the substantial rise in equity and profit signals a renewed phase of financial strength and operational maturity.

As part of Hai Phong’s booming industrial ecosystem—strategically located near ports, highways, and global trade lanes—HAENGSUNG ELECTRONICS is ideally positioned for export growth, supply chain integration, and long-term partnerships in high-tech manufacturing. For investors, vendors, and international buyers seeking reliable production partners in Vietnam, understanding the detailed credit and financial background of firms like this is essential.

Through VNBIS (Vanguard Business Information LLC), clients can access comprehensive company reports, risk assessments, and financial analysis tools that enable safer and smarter engagement across Vietnam’s electronics manufacturing sector.

Legal Profile

English Name:

HAENGSUNG ELECTRONICS VIET NAM CO.,LTD

Vietnamese Name:

CÔNG TY TNHH HAENGSUNG ELECTRONICS VIỆT NAM

Short Name:

HSEVN

Business ID (TIN):

0201635899

Date of Registration:

27 May 2015

Registered Office:

Hai Phong City Department of Finance

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ KANG C

+ CHOI S.H

Address:

Lot K1, Trang Due Industrial Park, belonging to Dinh Vu - Cat Hai Economic Zone, An Phong Ward, Hai Phong City, Vietnam

Phone:

+84 965 450 008

Branch:

Lot 22, Seoul Ecohome Urban Area, An Duong Ward, Hai Phong City, Vietnam

Business Sector

Key business lines:

VSIC:

2610 Manufacture of electronic components and boards

NACE:

26.1 Manufacture of electronic components and boards

Industry Sales Growth

CAGR (2019 - 2023)

4.75%

YoY (2023)

3.18%

Companies by industry

Company distribution and propportions

3,355

0.1154%

Key Industry Players

Top 10 companies in manufacture of electronic components and boards industry

jabil vietnam company limited canon vietnam company limited fuhong precision component(bac giang) company limited intel products vietnam co., ltd samsung electro-mechanics vietnam co.,ltd samsung display vietnam co., ltd. new wing interconnect technology (bac giang) co.,ltd bhflex vina company limited lg innotek vietnam haiphong company limited luxshare - ict (van trung) company limited

Payment History

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Financial Performance

Assets	-44.91%
Owner’s Equity	-77.38%
Working Capital	-39.18%
Net Worth	-20.32%
Sales	-19.80%
Operating income	-48.37%
EBIT	92.99%
Gross Profit Margin	-12.20%
Debt to EBITDA	43.49%

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Specific Questions About HAENGSUNG ELECTRONICS VIET NAM CO.,LTD

When did HAENGSUNG ELECTRONICS VIET NAM CO.,LTD start operating?

HAENGSUNG ELECTRONICS VIET NAM CO.,LTD was started in 27 May 2015

What industry does HAENGSUNG ELECTRONICS VIET NAM CO.,LTD operate in?

HAENGSUNG ELECTRONICS VIET NAM CO.,LTD is operating in "Manufacture of electronic components and boards" industry

How can I contact HAENGSUNG ELECTRONICS VIET NAM CO.,LTD?

HAENGSUNG ELECTRONICS VIET NAM CO.,LTD phone numbers is +84 965 450 008

What adverse news is there about HAENGSUNG ELECTRONICS VIET NAM CO.,LTD?

HAENGSUNG ELECTRONICS VIET NAM CO.,LTD’s has no negative news

What is stock symbol of HAENGSUNG ELECTRONICS VIET NAM CO.,LTD?

HAENGSUNG ELECTRONICS VIET NAM CO.,LTD is not listed company

Where is the location of HAENGSUNG ELECTRONICS VIET NAM CO.,LTD?

HAENGSUNG ELECTRONICS VIET NAM CO.,LTD is located at Lot K1, Trang Due Industrial Park, belonging to Dinh Vu - Cat Hai Economic Zone, An Phong Ward, Hai Phong City, Vietnam

What is HAENGSUNG ELECTRONICS VIET NAM CO.,LTD’s business registration?

HAENGSUNG ELECTRONICS VIET NAM CO.,LTD business registration is 0201635899

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