PROLooking for more than just a company report? Upgrade to Pro now

IPC GROUP JOINT STOCK COMPANY

Active

Business ID 0102055583

84-24 / 3556 9980

IPC GROUP JOINT STOCK COMPANY

Active

Business ID 0102055583

84-24 / 3556 9980

IPC GROUP JOINT STOCK COMPANY

Active

Summary

Name:

IPC GROUP JOINT STOCK COMPANY

Business ID (TIN):

0102055583

Date of Registration:

24 Oct 2006

Registered Office:

Ha Noi City Department of Finance

Address:

Suite 1503, 15th Floor, Charmvit Tower, No. 117, Tran Duy Hung Street, Ha Noi City, Vietnam

Phone:

84-24 / 3556 9980

Financial Statement:

2020, 2021, 2022, 2023, 2024

IPC GROUP JOINT STOCK COMPANY: A Private Metals Trader Diversifying into Renewable Energy

IPC GROUP JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN TẬP ĐOÀN IPC) is a privately held Vietnamese company primarily involved in steel trading and renewable energy project development. With over 18 years of experience, IPC Group has built a notable presence in industrial materials distribution while expanding into EPC contracting for solar and wind power.

Legal Status and Ownership

Registered with the Hanoi Department of Planning and Investment on October 24, 2006, IPC GROUP operates as a joint stock company.

Business ID and TIN: 0102055583
Charter Capital: USD 8.22 million (fully paid)
Ownership: 100% privately held
Head Office: No. 7B/331 Tran Khat Chan Street, Hai Ba Trung District, Hanoi
Website: https://www.ipc-vietnam.com.vn

The company also operates a representative office in Charmvit Tower, Hanoi, and a branch in Hai Phong, indicating its logistical footprint across the northern industrial corridor.

Management and Governance

IPC is chaired by Mr. Phi Phong Ha, who also holds the majority ownership and plays a central role in both strategic direction and daily oversight. He is supported by General Director Mr. Nguyen Hong Kien and Chief Accountant Ms. Le Mai Dung. The leadership team comprises experienced Vietnamese professionals with domain knowledge in metals and infrastructure.

Business Activities

IPC Group’s two primary business segments are:

Wholesale of steel and metal products — including coils, sheets, and shaped steels for construction and industrial applications.
EPC contracting — implementing renewable energy projects, mainly solar and wind power plants.

In addition, the company holds licenses for a wide array of registered business activities, from mining and real estate to paper manufacturing and transport services. While this suggests room for diversification, actual activity appears concentrated in metals and energy sectors.

Financial Performance and Credit Perspective

IPC’s financials reflect a mixed but stable picture:

Key 2023 Figures:

Total Assets: USD 117.75 million (↓22.5% YoY)
Sales Revenue: USD 273.04 million (↑4.4% YoY)
Net Profit: USD 1.08 million (↓47.75% YoY)
Owner’s Equity: USD 29.22 million (↑3.63% YoY)
Working Capital: USD 20.26 million
Net Worth: USD 29.22 million

While the company has successfully increased revenue slightly, both profit and asset value have declined significantly over the past two years. The 47.75% drop in net profit for 2023 is a key concern, particularly when juxtaposed with declining total assets and only modest equity growth.

Nonetheless, IPC maintains a positive equity position, a stable capital structure, and sufficient liquidity for ongoing operations. From a defensive credit perspective, the company remains solvent and active, but profitability volatility and asset contraction suggest that close monitoring is advisable, especially for lenders or long-term commercial partners.

Strategic Outlook

IPC GROUP continues to play an important role in Vietnam’s industrial material supply chain while positioning itself for growth in renewable energy—a market segment aligned with national development priorities. The dual focus offers upside potential, but the capital intensity and project risks associated with EPC operations could pressure short-term earnings.

For deeper credit checks, ongoing monitoring, and financial analysis of IPC and its peers, VANGUARD BUSINESS INFORMATION LLC (VBI) provides independent, verified business intelligence tailored for risk management and strategic decision-making.

Legal Profile

English Name:

IPC GROUP JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN TẬP ĐOÀN IPC

Short Name:

IPC GROUP

Business ID (TIN):

0102055583

Date of Registration:

24 Oct 2006

Registered Office:

Ha Noi City Department of Finance

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ PHI P.H

+ NGUYEN H.K

+ LE M.D

Address:

Suite 1503, 15th Floor, Charmvit Tower, No. 117, Tran Duy Hung Street, Ha Noi City, Vietnam

Phone:

84-24 / 3556 9980

Branch:

Km 89, National Road 5 (new), Hai Phong City, Vietnam

Business Sector

Key business lines:

VSIC:

4662 Wholesale of metals and metal ores

NACE:

46.72 Wholesale of metals and metal ores

Industry Sales Growth

CAGR (2019 - 2023)

7.06%

YoY (2023)

-6.40%

Companies by industry

Company distribution and propportions

20,391

0.7013%

Key Industry Players

Top 10 companies in wholesale of metals and metal ores industry

thai hung trading joint-stock company nam phat shipbuilding and shipping company corporation vuong steel co.,ltd kim quoc steel company limited (translated name) hanoi steel and trade joint stock company nam son steel corporation thang long sbtc joint stock company nam phat steel trading and servicing joint stock company dong hai steel trading company limited toan phat steel production and investment company limited

Payment History

Purchase the report to access company details.

Financial Performance

Assets	-5.47%
Owner’s Equity	-43.88%
Working Capital	-79.80%
Net Worth	73.34%
Sales	31.31%
Operating income	-54.27%
EBIT	3.53%
Gross Profit Margin	10.32%
Debt to EBITDA	87.36%

📈 📊

Company Reports

Company Profile Report

Legal Profile

Contact and Location

Legal Representative

Shareholders

Business Operation

Assets

Owner's Equity

Sales

Profit

Company Standard Report

Legal Profile

Business Locations

Legal Representative

EBT

EBITDA

Working Capital

Tangible Net Worth

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Comprehensive Report

Report Summary

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 IPC GROUP JOINT STOCK COMPANY

When did IPC GROUP JSC start operating?

IPC GROUP JSC was started in 24 Oct 2006

What industry does IPC GROUP JSC operate in?

IPC GROUP JSC is operating in "Wholesale of metals and metal ores" industry

How can I contact IPC GROUP JSC?

IPC GROUP JSC phone numbers is 84-24 / 3556 9980

What adverse news is there about IPC GROUP JSC?

IPC GROUP JSC’s has no negative news

What is stock symbol of IPC GROUP JSC?

IPC GROUP JSC is not listed company

Where is the location of IPC GROUP JSC?

IPC GROUP JSC is located at Suite 1503, 15th Floor, Charmvit Tower, No. 117, Tran Duy Hung Street, Ha Noi City, Vietnam

What is IPC GROUP JSC’s business registration?

IPC GROUP JSC business registration is 0102055583

My Order (0)

IPC GROUP JOINT STOCK COMPANY