KA HONG (VIETNAM) COMPANY LIMITED

KA HONG (VIETNAM) COMPANY LIMITED (CÔNG TY TNHH KA HONG (VIETNAM)) is a fast-expanding foreign-invested manufacturer located at Lots 3–5, Lot C2.10, Road D1, Dong An 2 Industrial Park, Hòa Phú Ward, Thủ Dầu Một City, Bình Dương Province, operating under Business ID 3702731870. Since its establishment in December 2018, the company has grown rapidly into a major producer of electronic components, power-supply equipment, power converters, electrical lighting devices, and plastic housings, supported by a substantial workforce of 1,000 employees.  

As a one-member limited liability company, KA HONG (VIETNAM) is wholly owned by KA HONG DEVELOPMENT PTE. LTD. (Singapore), giving it strong international backing, modern production standards, and access to regional manufacturing networks. The company is led by General Director Mr. Wang Q., with financial management overseen by Chief Accountant Ms. Tran T. N., ensuring both foreign expertise and experienced local oversight in operations.

In recent years, KA HONG (VIETNAM) has demonstrated exceptional growth momentum. By the end of 2024, the company’s total assets surged to USD 87.24 million, nearly doubling year-on-year, while owner’s equity rose to USD 17.05 million, a sharp improvement of 172.85%. Revenue performance is equally notable, climbing to USD 147.9 million, representing an impressive 48.76% increase over 2023. After experiencing a loss in 2022, the company delivered a remarkable turnaround: net profit jumped to USD 10.8 million in 2024, an extraordinary improvement that reflects both increased market demand and stronger operational efficiency.

Although KA HONG’s financial performance is highly positive, the report also highlights areas that investors and partners should monitor closely. Working capital remains slightly negative at –USD 1.13 million, indicating short-term liquidity pressure despite high revenue growth and strong profitability. This pattern is typical among fast-scaling manufacturers but still requires careful credit assessment for suppliers, lenders, and long-term partners. Additionally, the company’s rapid expansion in assets, production lines, and export capabilities makes updated financial data essential for evaluating future stability and payment behavior.

For companies operating in electronics, lighting, hardware supply chains, or industrial components, KA HONG (VIETNAM) represents a significant potential partner with strong production capacity and a growing market share. However, as the industry is competitive and capital-intensive, stakeholders should rely on verified, up-to-date intelligence before entering deeper cooperation.

VNBIS provides comprehensive Company Profile Reports, Financial Reports, Comprehensive Reports, and Litigation & Directorship Reports that allow clients to assess the most current performance, credit risk, legal status, and management structure of companies like KA HONG. An updated VNBIS report is strongly recommended to understand how the company’s liquidity, financial ratios, and operational conditions have evolved in 2025—helping readers make informed, risk-aware decisions in a rapidly changing industrial landscape.