LS METAL VINA LIMITED LIABILITY COMPANY

LS METAL VINA LIMITED LIABILITY COMPANY (Vietnamese name: CÔNG TY TNHH LS METAL VINA), Business ID: 0201925069, is a one-member limited liability company established on 03 January 2019 and registered with the Hai Phong City Department of Planning and Investment. The company operates under FDI status and is headquartered at Lot CN1H, DEEPC 2B Industrial Park, Dinh Vu - Cat Hai Economic Zone, Dong Hai 2 Ward, Hai An District, Hai Phong City, Vietnam.

LS METAL VINA LIMITED LIABILITY COMPANY specializes in the manufacture of precious and non-ferrous metals, with a core focus on producing copper tubes used in heat exchangers and air conditioning systems. The company employs approximately 114 staff and is led by General Director JUNG HYEOK, a South Korean national. The company is 100% owned by LS METAL CO., LTD of South Korea, reflecting strong foreign parent backing and integration within a global industrial supply chain.

From a financial perspective, LS METAL VINA LIMITED LIABILITY COMPANY shows a mixed performance profile. Total assets have grown to approximately USD 50.83 million, while total sales increased significantly to around USD 82.26 million in the latest fiscal year. The revenue rebound indicates improved market demand and higher production output than in the previous year.

Despite strong sales growth, the company continues to report net losses, with a net loss of approximately USD 5.19 million in the most recent fiscal year. More notably, owner’s equity has declined sharply to around USD 4.12 million, reflecting a substantial erosion of capital over the past three years. Working capital stands at approximately USD -19.02 million, indicating short-term liquidity pressure and a heavy reliance on liabilities to finance operations.

The financial trend over recent years reveals a consistent pattern of negative profitability and declining equity, even as sales fluctuate. While revenue increased significantly in the latest period, accumulated losses continue to weigh on the company’s financial structure. Negative working capital further highlights operational funding challenges.

Overall, LS METAL VINA LIMITED LIABILITY COMPANY represents a high-revenue industrial manufacturer with foreign ownership and expanding sales. Still, it carries elevated financial risk due to sustained losses and shrinking equity. Counterparties, suppliers, and lenders should carefully evaluate payment terms and credit exposure.

For businesses seeking to minimize financial and credit risks, obtaining an updated credit report from VNBIS.COM is recommended. An updated report provides the latest financial statements, verified ownership, confirmed legal status, and comprehensive risk assessment indicators to support prudent decision-making.