HAMADEN VIETNAM CO.,LTD

Vanguard Business Information (VNBIS) is a trusted provider of business intelligence and credit risk assessments that helps organizations Minimize Financial Risks and Maximize Business Opportunities when dealing with partners in Vietnam. Through comprehensive analysis of company structure, financial strength, and market behavior, VNBIS provides the insight necessary for secure and confident business decisions.

HAMADEN VIETNAM CO., LTD (CÔNG TY TNHH HAMADEN VIỆT NAM) is a foreign-invested manufacturing enterprise specializing in automotive parts and precision components. The company operates under Business ID 0900293253, officially registered on October 20, 2008, with its head office at Lot A4, Thang Long II Industrial Park, Lieu Xa Commune, Yen My District, Hung Yen Province, Vietnam. It is a one-member limited liability company wholly owned by Hamanakodenso Co., Ltd. (Japan), reflecting its integration within Japan’s advanced automotive supply chain.

Business Operations and Management

HAMADEN Vietnam focuses on manufacturing and trading automotive spare parts, including precision metal and mechanical components used in global car assembly and motor systems. Its registered activities also extend to machining, metal treatment, coating, technical testing, and management consultancy, making it an integral part of Vietnam’s growing automotive ecosystem.

The company employs approximately 1,500 workers under the leadership of Mr. Katsushi H., a Japanese national serving as General Director, supported by Ms. Van T. H., Chief Accountant. With over 17 years of continuous operation, HAMADEN has built a reputation for product reliability, technical precision, and compliance with international manufacturing standards.

Financial Performance

As of March 31, 2023, HAMADEN reported total assets of USD 59.67 million, a 5.02 percent decrease from the previous year. Owner’s equity stood at USD 46.37 million, showing a slight 0.41 percent increase, while total sales reached USD 104.66 million, down 3.26 percent year-on-year. Despite revenue contraction, the company maintained a healthy net profit of USD 9.98 million, declining by 7.2 percent compared with 2022.

Working capital reached USD 15 million, up 17.78 percent, reflecting improved liquidity and strong operational funding. The company’s profit margin of roughly 9.5 percent remains above industry average, indicating sound cost management and steady cash flow from core production.

Financial and Credit Risk Outlook

HAMADEN Vietnam demonstrates a stable financial foundation with consistent profitability, adequate liquidity, and substantial shareholder backing. However, the downward trend in asset and revenue growth suggests the company may face market pressure from slower global automotive demand and rising input costs.

The company's credit risk level can be assessed as low, given its full foreign ownership, high capital adequacy, and experienced management. However, short-term monitoring of production orders and export trends remains essential. HAMADEN’s ability to sustain profit margins despite a modest sales decline shows operational resilience and disciplined financial management.

In conclusion, HAMADEN VIETNAM CO., LTD is a financially strong and well-managed FDI enterprise in Vietnam’s industrial manufacturing landscape. Backed by a reputable Japanese parent company and a stable financial base, it remains a reliable partner for suppliers, lenders, and customers seeking long-term collaboration. Through assessments by VNBIS, business partners can approach relationships with companies like HAMADEN with greater confidence, ensuring transparency, reduced exposure to financial risks, and expanded business opportunities.