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KANGAROO INTERNATIONAL JOINT VENTURE COMPANY

Active

Business ID 0901095455

KANGAROO INTERNATIONAL JOINT VENTURE COMPANY

Active

Business ID 0901095455

KANGAROO INTERNATIONAL JOINT VENTURE COMPANY

Active

Summary

Name:

KANGAROO INTERNATIONAL JOINT VENTURE COMPANY

Business ID (TIN):

0901095455

Date of Registration:

19 Feb 2021

Registered Office:

Hung Yen Province Department of Planning and Investment

Address:

Vinh Loc Hamlet, Tan Tien Commune, Van Giang District, Hung Yen Province, Vietnam

Financial Statement:

2021, 2022, 2023, 2024

Few Vietnamese home-appliance brands have achieved the national recognition of KANGAROO GROUP, known for water purifiers, kitchen appliances, and household technology products. But behind the well-known brand image lies a corporate structure that is far more complex — and a financial story that is more fragile than most consumers imagine.

A Rapidly Privatised Consumer Brand with International Shareholders

KANGAROO INTERNATIONAL JOINT VENTURE COMPANY — established in 2021 — is not simply a local enterprise. It reflects a hybrid ownership structure:

44% owned by Noritz Corporation (Japan)
42.25% owned by Vietnam Australia Refrigeration Engineering (Vietnam)
13.75% owned by Kangaroo Hi-Tech Manufacturing (Vietnam)

This combination of Japanese engineering culture and Vietnamese distribution muscle has helped the brand expand rapidly across the country.

But 2023 Was a Challenging Year

Despite its strong consumer presence, the company’s 2023 financial performance shows clear signs of strain:

Sales fell -22.12%, from USD 110.6M → 86.17M
Profit dropped -46.61%, to USD 308,901
Equity slipped -3.97%
Working capital contracted heavily, down -51.64%

This suggests that the home appliance market — especially mid-range consumer goods — faced tightening demand, more competition, and shifting consumer spending behavior.

A Brand That Must Navigate Rising Competition

Kangaroo faces intensified competition from:

Xiaomi home appliances
Korean brands like Kangaroo, Sharp, and Samsung
Chinese brands are leveraging aggressive pricing
Local Vietnamese manufacturers scaling up production

While Kangaroo’s RO water purifiers remain a household name, sustaining market share in air purifiers, water heaters, and smart home devices requires significant innovation and capital.

Operational Strengths Behind the Brand

Kangaroo’s financial challenges should not overshadow its structural capabilities:

1,000 employees
Presence in both Hanoi and Ho Chi Minh City
Nationwide distribution network
Aggressive marketing and brand investment
Strong Japanese technological support

These elements give the company resilience, but the 2023 downturn signals the need to adjust pricing strategies, diversify products, and optimize operational efficiency.

What Investors and Suppliers Should Monitor

1. Sharp Decline in Revenue

A -22.12% decline indicates tightening market demand and competitive pressure.

2. Weak Profitability

Profit of USD 308,901 is low for a company of this size.

3. High Asset Base (USD 103.88M)

A significant asset base combined with low profit reduces returns on investment.

4. Joint Venture Governance

Multiple shareholders mean more complex management dynamics.

5. Consumer Market Volatility

Home appliances depend on consumer confidence, which is easily affected by economic slowdowns.

The Brand Is Strong — The Business Needs Reinforcement

Kangaroo remains one of the most recognized appliance brands in Vietnam. But recognition alone is not enough. To maintain its position, the company must:

Strengthen profitability
Streamline costs
Accelerate product innovation
Expand high-margin categories
Leverage Japanese technology to differentiate itself

Consumers trust the brand. Investors, however, should rely on updated, verified performance data.

For the newest financial figures, payment behavior, credit risks, and strategic insights, please obtain the latest Kangaroo Group report directly from VNBIS.COM.

Legal Profile

English Name:

KANGAROO INTERNATIONAL JOINT VENTURE COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN LIÊN DOANH KANGAROO QUỐC TẾ

Short Name:

KANGAROO GROUP

Business ID (TIN):

0901095455

Date of Registration:

19 Feb 2021

Registered Office:

Hung Yen Province Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ NGUYEN T.P

+ LE X.H

Address:

Vinh Loc Hamlet, Tan Tien Commune, Van Giang District, Hung Yen Province, Vietnam

Transaction office:

6th and 7th Floor, No. 19-21, Hue Street, Cua Nam Ward, Ha Noi City, Vietnam

Branch:

24th Floor, Viettel Tower, No. 285, Cach Mang Thang Tam Street, Ho Chi Minh City, Vietnam

Representative office:

Floor 8, No. 42/72, Nguyen Hue Street, Ho Chi Minh City, Vietnam

Business Sector

Key business lines:

VSIC:

4653 Wholesale of agricultural machinery, equipment and supplies

NACE:

46.61 Wholesale of agricultural machinery, equipment and supplies

Industry Sales Growth

CAGR (2019 - 2023)

7.91%

YoY (2023)

4.41%

Companies by industry

Company distribution and propportions

2,398

0.0825%

Key Industry Players

Top 10 companies in wholesale of agricultural machinery, equipment and supplies industry

an huu company limited song con sugar joint stock company vision joint stock company dtc service trading company limited long hung company limited phuong thanh investment joint stock company gia an trading import export joint stock company etek power energy company limited (translated name) hoang phat production import export trading services company limited tran minh agriculture accessories equipment company limited

Payment History

Purchase the report to access company details.

Financial Performance

Assets	62.80%
Owner’s Equity	-26.16%
Working Capital	-0.32%
Net Worth	-14.80%
Sales	15.00%
Operating income	66.49%
EBIT	65.70%
Gross Profit Margin	72.14%
Debt to EBITDA	96.99%

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Negative Payment Records

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Opinion from Analysts

Specific Questions About KANGAROO INTERNATIONAL JOINT VENTURE COMPANY

When did KANGAROO INTERNATIONAL JOINT VENTURE COMPANY start operating?

KANGAROO INTERNATIONAL JOINT VENTURE COMPANY was started in 19 Feb 2021

What industry does KANGAROO INTERNATIONAL JOINT VENTURE COMPANY operate in?

KANGAROO INTERNATIONAL JOINT VENTURE COMPANY is operating in "Wholesale of agricultural machinery, equipment and supplies" industry

How can I contact KANGAROO INTERNATIONAL JOINT VENTURE COMPANY?

KANGAROO INTERNATIONAL JOINT VENTURE COMPANY don't share phone numbers information

What adverse news is there about KANGAROO INTERNATIONAL JOINT VENTURE COMPANY?

KANGAROO INTERNATIONAL JOINT VENTURE COMPANY’s has no negative news

What is stock symbol of KANGAROO INTERNATIONAL JOINT VENTURE COMPANY?

KANGAROO INTERNATIONAL JOINT VENTURE COMPANY is not listed company

Where is the location of KANGAROO INTERNATIONAL JOINT VENTURE COMPANY?

KANGAROO INTERNATIONAL JOINT VENTURE COMPANY is located at Vinh Loc Hamlet, Tan Tien Commune, Van Giang District, Hung Yen Province, Vietnam

What is KANGAROO INTERNATIONAL JOINT VENTURE COMPANY’s business registration?

KANGAROO INTERNATIONAL JOINT VENTURE COMPANY business registration is 0901095455

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KANGAROO INTERNATIONAL JOINT VENTURE COMPANY

KANGAROO INTERNATIONAL JOINT VENTURE COMPANY

KANGAROO INTERNATIONAL JOINT VENTURE COMPANY

A Rapidly Privatised Consumer Brand with International Shareholders

But 2023 Was a Challenging Year

A Brand That Must Navigate Rising Competition

Operational Strengths Behind the Brand