HONG KONG RISE SUN (VIET NAM) TEXTILE CO., LIMITED

HONG KONG RISE SUN (VIET NAM) TEXTILE CO., LIMITED

HONG KONG RISE SUN (VIET NAM) TEXTILE CO., LIMITED (CÔNG TY TNHH DỆT MAY RISE SUN HỒNG KÔNG (VIỆT NAM)) is an FDI textile manufacturer operating in Tay Ninh Province, focused on weaving, dyeing, and producing knitted fabrics and related garment accessories. With a large workforce and industrial-park footprint, the company is positioned as a sizable upstream supplier to Vietnam’s apparel and textile supply chain.

Legal Status And Corporate Registration

• Business ID/TIN: 3901206315

• Registration date: 25 Jun 2015 (active status)

• Type: One-member limited liability company (FDI)

• Head office: Lot A12, D3 Road, Thanh Thanh Cong Industrial Park, An Hoa Ward, Trang Bang Town, Tay Ninh Province, Vietnam

• Charter capital: ~USD 4.21 million (paid-up disclosed as fully contributed)

• Employees: ~800

• Ownership: 100% held by Rise Sun International Trading Co., Limited (Hong Kong)

Key Management And Leadership Structure

Operations are led by Li T. M., General Director. The leadership profile suggests centralized executive control typical of foreign-invested manufacturing entities, where production discipline and compliance standards are closely managed.

Financial Scale And Operating Performance

The company operates at a large scale for a textile facility, with total assets and sales both in the high tens of millions of USD and a strong jump in profitability. Equity has increased sharply, indicating meaningful retained earnings or capital reinforcement. However, working capital is materially negative, implying heavy reliance on short-term liabilities and operating-cycle financing—common in manufacturing, but still an important liquidity signal.

Core Operations And Business Footprint

Core activities center on weaving and dyeing knitted fabrics, with registered lines spanning knitted/crocheted and non-woven fabrics, textile finishing, and related textile product manufacturing. This breadth supports both in-house production depth and flexibility in serving different fabric specifications.

Critical Risk And Forward Outlook Assessment

The most critical risk is liquidity pressure from negative working capital, especially if export orders slow, payment cycles lengthen, or raw-material costs spike. Despite strong profitability, a tight liquidity structure can amplify stress during demand shocks. Outlook remains constructive given scale, industrial location, and improving earnings, but counterparties should pay close attention to payment terms, inventory cycles, and short-term liabilities when assessing ongoing exposure.