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KIEN NONG AGRICULTURAL JOINT STOCK COMPANY

Active

Business ID 1602119893

KIEN NONG AGRICULTURAL JOINT STOCK COMPANY

Active

Business ID 1602119893

KIEN NONG AGRICULTURAL JOINT STOCK COMPANY

Active

Summary

Name:

KIEN NONG AGRICULTURAL JOINT STOCK COMPANY

Business ID (TIN):

1602119893

Date of Registration:

13 Mar 2020

Registered Office:

An Giang Department of Planning and Investment

Address:

No. 5/8 Thoi An A Hamlet, My Thanh Ward, Long Xuyen City, An Giang Province, Vietnam

Financial Statement:

2020, 2021, 2022, 2023, 2024

KIEN NONG AGRICULTURAL JOINT STOCK COMPANY (Business ID & Tax Code: 1602119893) is a young but ambitious player in Vietnam’s agricultural processing sector. Officially established in March 2020 and headquartered in Long Xuyen City, An Giang Province, this joint stock company focuses on the processing and preservation of fruits and vegetables — a critical link in the country’s agricultural export chain. Though it has only been operating for a few years, the company has already made bold moves in scale and capacity.

As of the end of 2023, according to the Company Report and Private Financial Data reviewed by VBI, KIEN NONG reported total assets of USD 184.77 million, a slight decrease from the previous year but still significant for a company of its age. Its total sales reached USD 344.02 million, reflecting a 19.6% drop year-over-year, which suggests potential strain in market demand or pricing volatility. Most strikingly, net profit fell steeply to just USD 3,473, a 78.5% decline, indicating that while revenue remains strong, the company is struggling to retain earnings.

Working capital stood at USD 1.25 million, and owner’s equity was also at a modest USD 1.25 million, suggesting a narrow financial cushion. This raises concern, especially when paired with such thin profitability. The company is led by Mr. Mai Thanh Nha, who also holds a majority ownership stake. Two other shareholders, Mr. Cao Minh Hoang and Mr. Nguyen Van Dung, each hold minority stakes, reinforcing its identity as a closely held Vietnamese business.

Despite financial headwinds, KIEN NONG’s ability to generate hundreds of millions in revenue within just a few years is no small achievement. The company has proven its capacity to mobilize scale and production quickly. However, with its thin margins, it faces pressure to improve efficiency, manage costs more tightly, and navigate fluctuations in Vietnam’s agribusiness market. As always, up-to-date Company Reports and Risk Management reviews are crucial tools for anyone looking to engage seriously with KIEN NONG in partnerships, trade, or financing.

Legal Profile

English Name:

KIEN NONG AGRICULTURAL JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN NÔNG NGHIỆP KIẾN NÔNG

Business ID (TIN):

1602119893

Date of Registration:

13 Mar 2020

Registered Office:

An Giang Department of Planning and Investment

Operation Status:

Active

Contacts

Key Decision Makers:

MAI T.N

Address:

No. 5/8 Thoi An A Hamlet, My Thanh Ward, Long Xuyen City, An Giang Province, Vietnam

Old Address:

So 5/8Thoi An A Cluster, Long Xuyen City, An Giang Province, Vietnam

Business Sector

Key business lines:

VSIC:

1030 Processing and preserving of fruit and vegetables

NACE:

10.31 Processing and preserving of fruit and vegetables

NAICS:

3114 Fruit and Vegetable Preserving and Specialty Food Manufacturing

Industry Sales Growth

CAGR (2019 - 2023)

16.43%

YoY (2023)

3.14%

Companies by industry

Company distribution and propportions

3,108

0.1069%

Key Industry Players

Top 10 companies in processing and preserving of fruit and vegetables industry

long son joint stock company vinh hiep company limited cao phat company limited nafoods group joint stock company 16 one member limited liability company minh loan agriculture import and export company limited hoang son i joint stock company truong hai agriculture joint stock company benlin agricultural joint stock company kien nong agricultural joint stock company

Payment History

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Financial Performance

Assets	24.58%
Owner’s Equity	-63.05%
Working Capital	-98.65%
Net Worth	81.81%
Sales	-51.73%
Operating income	-58.13%
EBIT	-99.78%
Gross Profit Margin	-94.08%
Debt to EBITDA	-70.08%

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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 KIEN NONG AGRICULTURAL JOINT STOCK COMPANY

When did KIEN NONG AGRICULTURAL JSC start operating?

KIEN NONG AGRICULTURAL JSC was started in 13 Mar 2020

What industry does KIEN NONG AGRICULTURAL JSC operate in?

KIEN NONG AGRICULTURAL JSC is operating in "Processing and preserving of fruit and vegetables" industry

How can I contact KIEN NONG AGRICULTURAL JSC?

KIEN NONG AGRICULTURAL JSC don't share phone numbers information

What adverse news is there about KIEN NONG AGRICULTURAL JSC?

KIEN NONG AGRICULTURAL JSC’s has no negative news

What is stock symbol of KIEN NONG AGRICULTURAL JSC?

KIEN NONG AGRICULTURAL JSC is not listed company

Where is the location of KIEN NONG AGRICULTURAL JSC?

KIEN NONG AGRICULTURAL JSC is located at No. 5/8 Thoi An A Hamlet, My Thanh Ward, Long Xuyen City, An Giang Province, Vietnam

What is KIEN NONG AGRICULTURAL JSC’s business registration?

KIEN NONG AGRICULTURAL JSC business registration is 1602119893

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