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HS HYOSUNG QUANG NAM COMPANY LIMITED

Active

Business ID 4001157191

84-235 / 3691 555

HS HYOSUNG QUANG NAM COMPANY LIMITED

Active

Business ID 4001157191

84-235 / 3691 555

HS HYOSUNG QUANG NAM COMPANY LIMITED

Active

Summary

Name:

HS HYOSUNG QUANG NAM COMPANY LIMITED

Business ID (TIN):

4001157191

Date of Registration:

13 Sep 2018

Registered Office:

Da Nang City Department of Finance

Address:

Lot D6, Tam Thang Industrial Park, Da Nang City, Vietnam

Phone:

84-235 / 3691 555

Financial Statement:

2020, 2021, 2022, 2023, 2024

Established on 13 September 2018, HS HYOSUNG QUANG NAM COMPANY LIMITED has quickly positioned itself as a leading foreign-invested enterprise in Vietnam’s textile and industrial materials sector. Operating as a one-member limited liability company, it is registered under Business ID and Tax Identification Number 4001157191. The company is headquartered at Lot D6, Tam Thang Industrial Park, Binh Nam Commune, Thang Binh District, Quang Nam Province, Vietnam, and operates a large-scale factory within the same industrial park. With a charter capital of approximately USD 69.4 million and a paid-up capital of USD 38.2 million, the company has built a strong foundation for growth and innovation.

HS HYOSUNG QUANG NAM COMPANY LIMITED is led by General Director Park J. K., supported by Managing Director Lee E. B., both of whom bring decades of experience in textile fiber spinning and advanced material manufacturing. The company employs more than 1,000 workers, which underscores its role as a significant contributor to the local economy. Its core business focuses on spinning textile fibers, producing man-made fibers, weaving textiles, and manufacturing other high-quality industrial materials including plastics, iron, and steel products. With the backing of its sole shareholder, HS Hyosung Advanced Materials Corporation of South Korea, the company benefits from advanced technology and expertise in synthetic fiber production.

Financially, 2023 was a year of both expansion and challenges for HS HYOSUNG QUANG NAM. The company’s total assets rose to USD 325.03 million, marking a substantial growth of 27.28% compared to 2022. However, despite achieving sales of USD 136.1 million, a decline of 6.73% year-on-year, the company reported a net loss of USD 9.91 million, primarily due to increased operational and raw material costs. Its equity stood at USD 46.14 million, while working capital reached USD 15.17 million, highlighting the company’s capacity to maintain operations and manage short-term obligations despite the profit downturn.

The presence of HS HYOSUNG QUANG NAM COMPANY LIMITED reflects the ongoing expansion of South Korean investment in Vietnam’s high-tech textile and industrial manufacturing industries. For companies, suppliers, and investors seeking to collaborate with HS Hyosung, conducting thorough due diligence is essential. Vanguard Business Information LLC (VBI) provides reliable and comprehensive company verification services, offering insights into the financial stability, ownership structure, and market performance of firms like HS Hyosung. By leveraging VBI’s in-depth analysis, businesses can minimize risks and confidently establish long-term partnerships with trusted industry players.

Legal Profile

English Name:

HS HYOSUNG QUANG NAM COMPANY LIMITED

Vietnamese Name:

CÔNG TY TNHH HS HYOSUNG QUẢNG NAM

Short Name:

HS HYOSUNG QUANG NAM CO.,LTD

Business ID (TIN):

4001157191

Date of Registration:

13 Sep 2018

Registered Office:

Da Nang City Department of Finance

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ PARK J.K

+ LEE E.B

Address:

Lot D6, Tam Thang Industrial Park, Da Nang City, Vietnam

Phone:

84-235 / 3691 555

Factory Address:

Tam Thang Industrial Park, Da Nang City, Vietnam

Business Sector

Key business lines:

VSIC:

1311 Spinning of textile fibres

NACE:

13.10 Preparation and spinning of textile fibres

Industry Sales Growth

CAGR (2019 - 2023)

2.75%

YoY (2023)

-7.45%

Companies by industry

Company distribution and propportions

1,269

0.0436%

Key Industry Players

Top 10 companies in spinning of textile fibres industry

formosa industries corporation hs hyosung viet nam company limited coats phong phu limited liability company renze textile joint stock company brotex (vietnam) co., ltd yinlong technology company limited hyosung dong nai company limited galaxy technology company limited far eastern polytex (viet nam) limited shundao (vietnam) industrial company limited

Payment History

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Financial Performance

Assets	-68.17%
Owner’s Equity	13.84%
Working Capital	36.35%
Net Worth	87.55%
Sales	83.70%
Operating income	7.13%
EBIT	-22.57%
Gross Profit Margin	12.16%
Debt to EBITDA	6.17%

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Opinion from Analysts

Specific Questions About HS HYOSUNG QUANG NAM COMPANY LIMITED

When did HS HYOSUNG QUANG NAM COMPANY LIMITED start operating?

HS HYOSUNG QUANG NAM COMPANY LIMITED was started in 13 Sep 2018

What industry does HS HYOSUNG QUANG NAM COMPANY LIMITED operate in?

HS HYOSUNG QUANG NAM COMPANY LIMITED is operating in "Spinning of textile fibres" industry

How can I contact HS HYOSUNG QUANG NAM COMPANY LIMITED?

HS HYOSUNG QUANG NAM COMPANY LIMITED phone numbers is 84-235 / 3691 555

What adverse news is there about HS HYOSUNG QUANG NAM COMPANY LIMITED?

HS HYOSUNG QUANG NAM COMPANY LIMITED’s has no negative news

What is stock symbol of HS HYOSUNG QUANG NAM COMPANY LIMITED?

HS HYOSUNG QUANG NAM COMPANY LIMITED is not listed company

Where is the location of HS HYOSUNG QUANG NAM COMPANY LIMITED?

HS HYOSUNG QUANG NAM COMPANY LIMITED is located at Lot D6, Tam Thang Industrial Park, Da Nang City, Vietnam

What is HS HYOSUNG QUANG NAM COMPANY LIMITED’s business registration?

HS HYOSUNG QUANG NAM COMPANY LIMITED business registration is 4001157191

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