LIOA DONG NAI ELECTRICAL EQUIPMENT COMPANY LIMITED

LIOA DONG NAI ELECTRICAL EQUIPMENT COMPANY LIMITED is a strategic manufacturing arm of the LIOA brand in Vietnam, operating as a 100 percent privately held subsidiary of LIOA ELECTRICAL EQUIPMENT CO., LTD. Registered since 2009 and located in Bien Hoa 2 Industrial Park, Dong Nai Province, this company has steadily grown into a significant producer of electric wires, cables, and electrical components, supplying both domestic and export markets.

With a workforce of 250 employees and a paid-up charter capital of nearly USD 14 million, the company is under the direction of Chairman Nguyen C. L., and Chief Accountant Le T. H. T.. The company's core strength lies in manufacturing high-quality electrical wiring products. At the same time, its registered operations also cover areas such as electrical installations, equipment repair, furniture manufacturing, warehousing, and construction-related services.

In 2023, the company recorded USD 123.2 million in revenue, reflecting marginal growth from the previous year. However, what makes the year remarkable is the 90 percent surge in profit, climbing to USD 1.54 million, despite a significant drop of nearly 20 percent in total assets. This divergence highlights improved efficiency, better cost management, or possibly stronger margins on higher-value products.

Owner’s equity remained stable at around USD 15.5 million, showing no material increase or decrease. Meanwhile, working capital was modest, at approximately USD 1.1 million, suggesting the company continues to operate on tight liquidity but under control.

The mixed signals in its financials paint an interesting picture. On one hand, the sales and profit momentum is strong, proving the company’s relevance in the electric manufacturing supply chain. On the other hand, the drop in assets and stagnant equity growth may indicate limited reinvestment or a strategic consolidation phase.

 LIOA DONG NAI ELECTRICAL EQUIPMENT COMPANY LIMITED remains a resilient and focused enterprise. Its profitability improvements reflect underlying operational strength, but asset contraction and cautious capital movement point to a business playing safe—perhaps too safe. For future success, the company may need to balance its efficiency with fresh investments to stay competitive in a sector where innovation and production capacity are crucial.