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KUMHO TIRE (VIETNAM) CO., LTD

Active

Business ID 3700747000

84-274 / 3599 000 / 3576 925 / 3576 943

KUMHO TIRE (VIETNAM) CO., LTD

Active

Business ID 3700747000

84-274 / 3599 000 / 3576 925 / 3576 943

KUMHO TIRE (VIETNAM) CO., LTD

Active

Summary

Name:

KUMHO TIRE (VIETNAM) CO., LTD

Business ID (TIN):

3700747000

Date of Registration:

05 Sep 2006

Registered Office:

Ho Chi Minh City Department of Finance

Address:

Lot D-3-CN, My Phuoc 3 Industrial Park, Thoi Hoa Ward, Ho Chi Minh City, Vietnam

Phone:

84-274 / 3599 000 / 3576 925 / 3576 943

Financial Statement:

2020, 2021, 2022, 2023, 2024

KUMHO TIRE (VIETNAM) CO., LTD, legally registered under Business ID 3700747000, is a foreign direct investment (FDI) enterprise operating actively in Vietnam's manufacturing sector for nearly two decades. Established on September 5, 2006, and headquartered at Lot D-3-CN, My Phuoc 3 Industrial Park, Thoi Hoa Ward, Ben Cat City, Binh Duong Province, the company specializes in the production and trade of rubber tires and tubes, including retreading and rebuilding services. It also manufactures plastics, synthetic rubber, and other rubber products, contributing significantly to Vietnam’s industrial output.

The latest Company Report provided by Vanguard Business Information LLC (VBI) indicates that KUMHO TIRE (VIETNAM) CO., LTD maintains an active operational status, supported by more than 1,000 employees across its head office, factory, and representative offices in Ho Chi Minh City and Hanoi. Legally structured as a limited liability company, it boasts a charter capital of approximately USD 172.19 million, with a paid-up capital by the end of 2023 reaching USD 175.83 million. Its ownership is divided between two shareholders: Kumho Tire (H.K) Co., Ltd. holding 57.59% and Hongkong Doublestar International Industry Co., Limited with 42.41%, both based in Hong Kong, China.

According to VBI’s verified Financial Data, the company recorded impressive growth across all key financial indicators in 2023. Total assets rose to USD 555.35 million, an increase of 19.71% compared to 2022. Sales revenue surged to USD 359.49 million, up 57.37%, reflecting robust market demand and operational efficiency. The most notable achievement was its profit margin, which soared to USD 43.26 million, a stunning 385.28% increase year-over-year. Owner’s equity strengthened to USD 275.29 million, showing a steady 11.05% growth. These positive trends highlight the company’s strong financial standing, making it an important case study in effective Risk Management and sustainable corporate growth.

The leadership team at KUMHO TIRE (VIETNAM) CO., LTD is headed by General Director Mr. Kim Hyun Ho, a South Korean national, and Chief Accountant Ms. Ho Thi Thanh Huyen, a Vietnamese professional. This international-local leadership combination is a strategic asset, ensuring operational excellence while maintaining cultural and regulatory compliance within Vietnam. VBI’s Business Verification Service confirms the professionalism and credibility of these key personnel, essential information for investors and business partners evaluating potential collaborations.

Despite the highly competitive nature of the rubber and tire industry, KUMHO TIRE (VIETNAM) CO., LTD has demonstrated resilience and expansion, supported by sound financial management and strategic market positioning. Access to a detailed Company Report, such as the one prepared by Vanguard Business Information LLC (VBI), is crucial for any entity aiming to engage with KUMHO either as a supplier, partner, or client. Comprehensive Risk Management assessments and accurate Financial Data analyses provided by VBI offer stakeholders the transparency needed to make informed, confident decisions in today's dynamic business environment.

Legal Profile

English Name:

KUMHO TIRE (VIETNAM) CO., LTD

Vietnamese Name:

CÔNG TY TNHH LỐP KUMHO VIỆT NAM

Short Name:

KTV

Business ID (TIN):

3700747000

Date of Registration:

05 Sep 2006

Registered Office:

Ho Chi Minh City Department of Finance

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ KIM H.H

+ HO T.T.H

Address:

Lot D-3-CN, My Phuoc 3 Industrial Park, Thoi Hoa Ward, Ho Chi Minh City, Vietnam

Phone:

84-274 / 3599 000 / 3576 925 / 3576 943

Representative office:

Room 602, 6th Floor, Cobi Tower II, No. 2-4, Street No. 8, Tan My Ward, Ho Chi Minh City, Vietnam

Representative office:

3rd Floor, Simco Building, No. 28, Pham Hung Street, Cau Giay Ward, Ha Noi City, Vietnam

Factory Address:

Bau Bang Hamlet, Thoi Hoa Ward, Ho Chi Minh City, Vietnam

Business Sector

Key business lines:

VSIC:

2211 Manufacture of rubber tyres and tubes; retreading and rebuilding of rubber

NACE:

22.11 Manufacture of rubber tyres and tubes; retreading and rebuilding of rubber tyres

NAICS:

32621 Tire Manufacturing

Industry Sales Growth

CAGR (2019 - 2023)

15.81%

YoY (2023)

-0.84%

Companies by industry

Company distribution and propportions

250

0.0086%

Key Industry Players

Top 10 companies in manufacture of rubber tyres and tubes; retreading and rebuilding of rubber industry

danang rubber joint stock company kumho tire (vietnam) co., ltd cheng shin rubber (vietnam) ind. co., ltd sailun (vietnam) co., ltd kenda rubber (vietnam) co., ltd. bridgestone tire manufacturing vietnam llc hung hai thinh joint stock company actr company limited jinyu (viet nam) tire co., ltd advance tyre (vietnam) company limited

Payment History

Purchase the report to access company details.

Financial Performance

Assets	71.01%
Owner’s Equity	70.30%
Working Capital	-76.72%
Net Worth	-40.06%
Sales	30.57%
Operating income	30.65%
EBIT	6.97%
Gross Profit Margin	42.99%
Debt to EBITDA	-43.36%

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Negative Payment Records

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Opinion from Analysts

Specific Questions About KUMHO TIRE (VIETNAM) CO., LTD

When did KUMHO TIRE (VIETNAM) CO., LTD start operating?

KUMHO TIRE (VIETNAM) CO., LTD was started in 05 Sep 2006

What industry does KUMHO TIRE (VIETNAM) CO., LTD operate in?

KUMHO TIRE (VIETNAM) CO., LTD is operating in "Manufacture of rubber tyres and tubes; retreading and rebuilding of rubber" industry

How can I contact KUMHO TIRE (VIETNAM) CO., LTD?

KUMHO TIRE (VIETNAM) CO., LTD phone numbers is 84-274 / 3599 000 / 3576 925 / 3576 943

What adverse news is there about KUMHO TIRE (VIETNAM) CO., LTD?

KUMHO TIRE (VIETNAM) CO., LTD’s has no negative news

What is stock symbol of KUMHO TIRE (VIETNAM) CO., LTD?

KUMHO TIRE (VIETNAM) CO., LTD is not listed company

Where is the location of KUMHO TIRE (VIETNAM) CO., LTD?

KUMHO TIRE (VIETNAM) CO., LTD is located at Lot D-3-CN, My Phuoc 3 Industrial Park, Thoi Hoa Ward, Ho Chi Minh City, Vietnam

What is KUMHO TIRE (VIETNAM) CO., LTD’s business registration?

KUMHO TIRE (VIETNAM) CO., LTD business registration is 3700747000

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