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JNTC VINA COMPANY LIMITED

Active

Business ID 2600941683

84-210 / 3991678

JNTC VINA COMPANY LIMITED

Active

Business ID 2600941683

84-210 / 3991678

JNTC VINA COMPANY LIMITED

Active

Summary

Name:

JNTC VINA COMPANY LIMITED

Business ID (TIN):

2600941683

Date of Registration:

23 Jun 2015

Registered Office:

Phu Tho Province Department of Planning and Investment

Address:

Lot B8, Thuy Van Industrial Park, Thuy Van Commune, Viet Tri City, Phu Tho Province, Vietnam

Phone:

84-210 / 3991678

Financial Statement:

2020, 2021, 2022, 2023, 2024

JNTC VINA COMPANY LIMITED (CÔNG TY TNHH JNTC VINA), a 100% South Korean-owned enterprise based in Thuy Van Industrial Park, Viet Tri City, Phu Tho Province, is emerging as a key manufacturer in Vietnam’s high-tech industrial supply chain. Officially registered under Business ID and Tax Code 2600941683, the company has been operational since June 23, 2015, and currently employs around 4,000 workers.

The company is fully owned by JNTC Co., Ltd. (South Korea) and led by Chairman Mr. Chang Jungyeon. It specializes in the manufacture of tempered and optical glass used in electronic components, along with related services such as wholesale trade and motor vehicle accessory sales.

From a financial risk management perspective, JNTC VINA presents a complex and high-risk profile. In 2023, the company posted USD 182.25 million in sales, representing a 203.84% increase year-over-year. This growth, however, masks deeper structural weaknesses. Despite surging revenues, the company reported a net loss of USD 30.99 million. While this loss was a 24.6% improvement over the previous year’s deeper deficit, JNTC VINA has now accumulated three consecutive years of negative earnings, raising substantial red flags for financial sustainability.

What’s more concerning is the company’s working capital of negative USD 109.15 million—a massive liquidity shortfall that could threaten operational stability. While total assets grew by 42.56% to USD 403.68 million, owner's equity dropped by 19.29%, continuing a three-year decline in net worth. Such asset growth, in the face of declining equity and consistent losses, suggests aggressive expansion or over-leverage without corresponding returns.

This situation indicates significant financial strain, likely tied to capital-intensive investments in manufacturing infrastructure, a volatile demand environment, or low-margin contracts in the electronics sector. Given the company’s strategic focus on supplying tech materials, it is also vulnerable to global supply chain shifts and technological disruption.

Any potential investors, creditors, or partners should conduct thorough due diligence. JNTC VINA’s current financials indicate that, despite possessing strong infrastructure and parent support from Korea, its financial risk profile is unsuitable for unsecured credit exposure or long-term receivables without protective measures.

To independently verify JNTC VINA’s credit risk, shareholder structure, and legal standing, stakeholders are encouraged to consult VANGUARD BUSINESS INFORMATION LLC (VBI). VBI provides comprehensive business verification, litigation tracking, credit scoring, and financial health analysis of companies operating in Vietnam. Visit www.vnbis.com to access JNTC VINA’s full report or request custom risk advisory services.

Legal Profile

English Name:

JNTC VINA COMPANY LIMITED

Vietnamese Name:

CÔNG TY TNHH JNTC VINA

Business ID (TIN):

2600941683

Date of Registration:

23 Jun 2015

Registered Office:

Phu Tho Province Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

CHANG J

Address:

Lot B8, Thuy Van Industrial Park, Thuy Van Commune, Viet Tri City, Phu Tho Province, Vietnam

Phone:

84-210 / 3991678

Factory Address:

Lot B4, Thuy Van Industrial Park, Thuy Van Commune, Viet Tri City, Phu Tho Province, Vietnam

Factory Address:

Lots CN02, CN03 and CN04, Thuy Van Industrial Park, Thuy Van Commune, Viet Tri City, Phu Tho Province, Vietnam

Business Sector

Key business lines:

VSIC:

2310 Manufacture of glass and glass products

NAICS:

3272 Glass and Glass Product Manufacturing

Industry Sales Growth

CAGR (2019 - 2023)

0.70%

YoY (2023)

17.83%

Companies by industry

Company distribution and propportions

408

0.0140%

Key Industry Players

Top 10 companies in manufacture of glass and glass products industry

malaya - vietnam glass limited (translated name) viglacera float glass company - branch of viglacera corporation - jsc hai long kyoto company cfg - chu lai float glass joint stock company the branch of malaya - vietnam glass limited jntc vina company limited viet nhat safety glass joint stock company ha long - cfg float glass company limited phu my ultra clear float glass co., ltd flat (vietnam) company limited

Payment History

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Financial Performance

Assets	83.20%
Owner’s Equity	19.67%
Working Capital	-9.31%
Net Worth	28.92%
Sales	40.12%
Operating income	53.52%
EBIT	-86.75%
Gross Profit Margin	52.48%
Debt to EBITDA	-91.85%

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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 JNTC VINA COMPANY LIMITED

When did JNTC VINA COMPANY LIMITED start operating?

JNTC VINA COMPANY LIMITED was started in 23 Jun 2015

What industry does JNTC VINA COMPANY LIMITED operate in?

JNTC VINA COMPANY LIMITED is operating in "Manufacture of glass and glass products" industry

How can I contact JNTC VINA COMPANY LIMITED?

JNTC VINA COMPANY LIMITED phone numbers is 84-210 / 3991678

What adverse news is there about JNTC VINA COMPANY LIMITED?

JNTC VINA COMPANY LIMITED’s has no negative news

What is stock symbol of JNTC VINA COMPANY LIMITED?

JNTC VINA COMPANY LIMITED is not listed company

Where is the location of JNTC VINA COMPANY LIMITED?

JNTC VINA COMPANY LIMITED is located at Lot B8, Thuy Van Industrial Park, Thuy Van Commune, Viet Tri City, Phu Tho Province, Vietnam

What is JNTC VINA COMPANY LIMITED’s business registration?

JNTC VINA COMPANY LIMITED business registration is 2600941683

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