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HAILIDE (VIET NAM) CO.,LTD

Active

Business ID 3901269280

84-276 / 3615 884 / +84 362 090 977

HAILIDE (VIET NAM) CO.,LTD

Active

Business ID 3901269280

84-276 / 3615 884 / +84 362 090 977

HAILIDE (VIET NAM) CO.,LTD

Active

Summary

Name:

HAILIDE (VIET NAM) CO.,LTD

Business ID (TIN):

3901269280

Date of Registration:

01 Oct 2018

Registered Office:

Tay Ninh Province Department of Finance

Address:

Lot 10-2, Road N8, Phuoc Dong Industrial Park, Tay Ninh Province, Vietnam

Phone:

84-276 / 3615 884 / +84 362 090 977

Financial Statement:

2020, 2021, 2022, 2023, 2024

HAILIDE (VIET NAM) CO., LTD (CÔNG TY TNHH HAILIDE (VIỆT NAM)): From Bleeding Losses to Multi-Million Profits—An FDI Manufacturer on the Rise

Located in Phuoc Dong Industrial Park, Trang Bang Town, Tay Ninh Province, and registered under tax code 3901269280, HAILIDE (VIET NAM) CO., LTD has become a fascinating turnaround story in Vietnam’s high-tech manufacturing sector. Despite years of losses, this foreign-direct-invested (FDI) enterprise has delivered a remarkable financial recovery in 2023, marking it as one of the standout cases for analysts reviewing Vietnam private financial data and conducting business verification in the synthetic fiber industry.

A wholly owned subsidiary of HAILIDE (HK) FIBERS INVESTMENT CO., LIMITED from Hong Kong (China), the company was incorporated on October 1, 2018, and is headed by Mr. Xue Y. F., who serves as both Chairman and General Director. Operating with approximately 600 employees, the company specializes in producing industrial polyester filament yarn (FDY) and other man-made fiber products, with business lines extending into plastics, synthetic rubber, and technical textile manufacturing.

The most stunning development is in its 2023 financial performance. After reporting a USD 12.96 million loss in 2022and a USD 1.5 million loss in 2021, HAILIDE (VIET NAM) CO., LTD surged back into the black with a net profit of USD 4.07 million, representing a 131.42% year-on-year increase. This dramatic turnaround coincided with sales reaching USD 148.27 million, up nearly 30% from 2022, showing clear signs of regained operational efficiency and improved market positioning.

Its owner’s equity also rose modestly to USD 112.37 million, while total assets climbed to USD 186 million—a 6.86% increase over the prior year. These numbers suggest the company has stabilized after a volatile start in Vietnam’s industrial manufacturing landscape. However, the lingering negative working capital of USD -9.89 million cannot be ignored, signaling tight liquidity conditions that could become problematic if sales growth stalls or input costs surge.

The company commands a solid base for future expansion with a charter capital of USD 140.84 million and a paid-in capital of USD 125.65 million. Still, from a credit risk management perspective, the combination of improved profits and tight short-term resources makes HAILIDE (VIET NAM) CO., LTD a cautiously optimistic case—worthy of interest, but also of close monitoring.

The recovery of HAILIDE (VIET NAM) CO., LTD proves that industrial turnaround is possible even in high-capex sectors, especially when backed by strong foreign investors. The question now is whether this momentum can be sustained, or whether 2023 was just a one-year reprieve in a still-risky operational environment. Either way, this is a company to watch in Vietnam’s synthetic textile supply chain.

Legal Profile

English Name:

HAILIDE (VIET NAM) CO.,LTD

Vietnamese Name:

CÔNG TY TNHH HAILIDE (VIỆT NAM)

Short Name:

HAILIDE VN

Business ID (TIN):

3901269280

Date of Registration:

01 Oct 2018

Registered Office:

Tay Ninh Province Department of Finance

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ XUE Y

Address:

Lot 10-2, Road N8, Phuoc Dong Industrial Park, Tay Ninh Province, Vietnam

Phone:

84-276 / 3615 884 / +84 362 090 977

Business Sector

Key business lines:

VSIC:

2030 Manufacture of man-made fibres

NACE:

20.60 Manufacture of man-made fibres

Industry Sales Growth

CAGR (2019 - 2023)

29.76%

YoY (2023)

5.87%

Companies by industry

Company distribution and propportions

175

0.0060%

Key Industry Players

Top 10 companies in manufacture of man-made fibres industry

vietnam new century polyester fibre company limited. viet nam petrochemical and fiber joint stock company amann (vietnam) company limited smart twine solutions joint stock company concord textile corporation vietnam trung dung investment and production joint stock company yong tai vietnam huan bao special fiber technology company limited billion industrial (viet nam) co.,ltd hailide (viet nam) co.,ltd hyosung dong nai nylon company limited

Payment History

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Financial Performance

Assets	99.63%
Owner’s Equity	42.36%
Working Capital	-67.12%
Net Worth	54.91%
Sales	-80.18%
Operating income	-98.93%
EBIT	-78.19%
Gross Profit Margin	26.43%
Debt to EBITDA	47.83%

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Specific Questions About HAILIDE (VIET NAM) CO.,LTD

When did HAILIDE (VIET NAM) CO.,LTD start operating?

HAILIDE (VIET NAM) CO.,LTD was started in 01 Oct 2018

What industry does HAILIDE (VIET NAM) CO.,LTD operate in?

HAILIDE (VIET NAM) CO.,LTD is operating in "Manufacture of man-made fibres" industry

How can I contact HAILIDE (VIET NAM) CO.,LTD?

HAILIDE (VIET NAM) CO.,LTD phone numbers is 84-276 / 3615 884 / +84 362 090 977

What adverse news is there about HAILIDE (VIET NAM) CO.,LTD?

HAILIDE (VIET NAM) CO.,LTD’s has no negative news

What is stock symbol of HAILIDE (VIET NAM) CO.,LTD?

HAILIDE (VIET NAM) CO.,LTD is not listed company

Where is the location of HAILIDE (VIET NAM) CO.,LTD?

HAILIDE (VIET NAM) CO.,LTD is located at Lot 10-2, Road N8, Phuoc Dong Industrial Park, Tay Ninh Province, Vietnam

What is HAILIDE (VIET NAM) CO.,LTD’s business registration?

HAILIDE (VIET NAM) CO.,LTD business registration is 3901269280

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