INTIMEX HAI PHONG JOINT STOCK COMPANY

INTIMEX HAI PHONG JOINT STOCK COMPANY is a privately held joint stock company headquartered at No. 31 Dien Bien Phu Street, Minh Khai Ward, Hong Bang District, Hai Phong City. Established on 19 September 2012, INTIMEX HAI PHONG JOINT STOCK COMPANY operates primarily in the wholesale of food, while also registering a broad range of activities in food processing, preservation, logistics, warehousing, cargo handling, and transportation support services. This diversified registration structure suggests that the company positions itself not only as a trading entity but also as a participant across multiple stages of the food supply chain.

Financially, INTIMEX HAI PHONG JOINT STOCK COMPANY presents a striking revenue scale relative to its asset base. Total sales reached approximately USD 233.94 million, while total assets stood at around USD 593,240. Profit was recorded at USD 102,438. One of the most notable financial characteristics is the company’s negative equity position of about USD 121,155, together with negative working capital of roughly USD 121,760. Although profit has increased significantly compared to previous periods, the negative net worth signals accumulated losses or capital erosion in earlier operations.

Looking at the broader financial movement over multiple reporting periods, revenue shows strong volatility, with a sharp decline followed by a substantial rebound. Profit followed a similar pattern, decreasing before rising sharply to over USD 100,000. Meanwhile, total assets dropped significantly from a much higher level in prior periods, then stabilized at under USD 1 million. This dramatic contraction in asset size, combined with extremely high revenue turnover, raises important structural questions about the company’s operating model. It may indicate a high-volume trading structure with minimal fixed asset intensity, but it also warrants close review of liquidity management and capital adequacy.

The paid-up capital of INTIMEX HAI PHONG JOINT STOCK COMPANY is approximately USD 205,415, and the company remains active under Business ID 0201277509. Management information is currently unavailable in public disclosures, which may require additional verification for partners seeking full governance transparency.

In terms of ownership, INTIMEX HAI PHONG JOINT STOCK COMPANY lists INTIMEX GROUP JOINT STOCK COMPANY as a shareholder with a 25.5 percent stake. The presence of a corporate shareholder within the broader Intimex ecosystem may provide advantages in trading networks, sourcing channels, and export market access.

Operationally, INTIMEX HAI PHONG JOINT STOCK COMPANY registers activities that span wholesale of food, processing and preserving meat, fisheries, fruit and vegetables, dairy production, milling, starch manufacturing, bakery production, warehousing, cargo handling, and transportation support. This wide scope of business lines reflects a potentially integrated trading and logistics platform rather than a purely asset-heavy manufacturing enterprise.

In summary, INTIMEX HAI PHONG JOINT STOCK COMPANY demonstrates very high revenue compared to its modest asset base, combined with negative equity and negative working capital. These financial characteristics make it essential for suppliers, banks, and trading partners to conduct thorough due diligence before entering into significant contracts. Comprehensive company reports, including financial ratio analysis, credit evaluation, litigation checks, and risk assessment, are available through VNBIS, a leading provider of business intelligence, financial analysis, and risk management services in Vietnam and worldwide.