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HOA PHAT ENERGY JOINT STOCK COMPANY

Active

Business ID 0800385380

84-220 / 3535 078 / 3535 079

HOA PHAT ENERGY JOINT STOCK COMPANY

Active

Business ID 0800385380

84-220 / 3535 078 / 3535 079

HOA PHAT ENERGY JOINT STOCK COMPANY

Active

Summary

Name:

HOA PHAT ENERGY JOINT STOCK COMPANY

Business ID (TIN):

0800385380

Date of Registration:

30 Aug 2007

Registered Office:

Hai Duong Province Department of Planning and Investment

Address:

Hiep Thuong Residential Area, Hai Phong City, Vietnam

Phone:

84-220 / 3535 078 / 3535 079

Financial Statement:

2020, 2021, 2022, 2023, 2024

HOA PHAT ENERGY JOINT STOCK COMPANY (Business ID: 0800385380) is an important subsidiary within the Hoa Phat ecosystem, marking the group’s strategic expansion beyond steel into the energy sector. Registered as a joint stock company since August 30, 2007, and headquartered in Kinh Mon Town, Hai Duong Province, the company is a vital piece of Hoa Phat’s vision to diversify and support Vietnam’s industrial development. Its majority shareholder, holding 99.89% of shares, is HOA PHAT HAI DUONG STEEL JOINT STOCK COMPANY, itself a powerhouse within the Hoa Phat Group led by Mr. Tran Dinh Long — one of Vietnam's first and most prominent billionaires.

On the positive side, according to the latest Company Report compiled by Vanguard Business Information LLC (VBI), HOA PHAT ENERGY maintains a solid operational base. In 2023, despite a difficult market environment, the company achieved total sales of USD 350.68 million and a net profit of USD 26.76 million. With around 500 employees, the company contributes significantly to Vietnam's industrial supply chains by manufacturing coke and producing electricity—essential inputs for heavy industries like steelmaking. Its economic role is clear: by building domestic energy and material capacity, HOA PHAT ENERGY helps reduce Vietnam’s dependency on imports, supporting national growth and industrialization.

However, the company is currently facing serious financial pressures. Total assets declined sharply by 32.39% in 2023, owner’s equity dropped by 31.14%, and working capital turned negative at USD -4 million. Sales fell by nearly 34%year-over-year, while profit also declined by over 20% compared to 2022. These downturns suggest that while the company is still profitable, it is being challenged by market volatility, possibly rising raw material costs, and the global slowdown affecting heavy industry demand. Such financial weakening, especially in asset shrinkage and working capital deficit, is a notable concern that would trigger careful attention in any Risk Management review.

Leadership is currently under Ms. Do Thi Thao, serving as Director. While the operational team continues to manage the business effectively under difficult conditions, the company’s future stability will depend heavily on broader macroeconomic factors and Hoa Phat Group's long-term energy strategies. Access to verified Financial Data and thorough Business Verification Services from providers like Vanguard Business Information LLC (VBI) remains crucial for anyone looking to partner with or invest in companies like HOA PHAT ENERGY.

Overall, HOA PHAT ENERGY JOINT STOCK COMPANY represents both the ambition and the risks of Vietnam’s industrial giants diversifying into new sectors. It has contributed positively to the economy but must now navigate a far tougher and more competitive energy landscape.

Legal Profile

English Name:

HOA PHAT ENERGY JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN NĂNG LƯỢNG HOÀ PHÁT

Short Name:

HOA PHAT ENERGY JSC

Business ID (TIN):

0800385380

Date of Registration:

30 Aug 2007

Registered Office:

Hai Duong Province Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ DO T.T

+ DO D.D

Address:

Hiep Thuong Residential Area, Hai Phong City, Vietnam

Phone:

84-220 / 3535 078 / 3535 079

Representative office:

No. 66, Nguyen Du Street, Nguyen Du Ward, Hai Ba Trung District, Ha Noi City, Vietnam

Business Sector

Key business lines:

VSIC:

1910 Manufacture of coke

NACE:

19.10 Manufacture of coke oven products

Industry Sales Growth

CAGR (2019 - 2023)

10.01%

YoY (2023)

-23.71%

Companies by industry

Company distribution and propportions

187

0.0064%

Key Industry Players

Top 10 companies in manufacture of coke industry

hoa phat energy joint stock company quy thai joint venture company limited pei-chia enterprise co.,ltd minh duc minerals trading joint stock company idc joint stock company (translated name) dang khoa trading and transportation construction joint stock company huigen phu tho company limited (translated name) lan ngoc gs company limited clt trading import and export services company limited an hung maritime service co., ltd

Payment History

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Financial Performance

Assets	56.52%
Owner’s Equity	-56.16%
Working Capital	-15.80%
Net Worth	41.66%
Sales	62.60%
Operating income	-1.95%
EBIT	-93.35%
Gross Profit Margin	-66.26%
Debt to EBITDA	-58.33%

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Business Operation

Assets

Owner's Equity

Sales

Profit

Company Standard Report

Legal Profile

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EBT

EBITDA

Working Capital

Tangible Net Worth

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Comprehensive Report

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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 HOA PHAT ENERGY JOINT STOCK COMPANY

When did HOA PHAT ENERGY JSC start operating?

HOA PHAT ENERGY JSC was started in 30 Aug 2007

What industry does HOA PHAT ENERGY JSC operate in?

HOA PHAT ENERGY JSC is operating in "Manufacture of coke" industry

How can I contact HOA PHAT ENERGY JSC?

HOA PHAT ENERGY JSC phone numbers is 84-220 / 3535 078 / 3535 079

What adverse news is there about HOA PHAT ENERGY JSC?

HOA PHAT ENERGY JSC’s has no negative news

What is stock symbol of HOA PHAT ENERGY JSC?

HOA PHAT ENERGY JSC is not listed company

Where is the location of HOA PHAT ENERGY JSC?

HOA PHAT ENERGY JSC is located at Hiep Thuong Residential Area, Hai Phong City, Vietnam

What is HOA PHAT ENERGY JSC’s business registration?

HOA PHAT ENERGY JSC business registration is 0800385380

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