LUMENS VINA COMPANY LIMITED

LUMENS VINA COMPANY LIMITED (Vietnamese name: CÔNG TY TNHH LUMENS VINA) is a foreign-invested enterprise operating in Vietnam’s electronics manufacturing sector. The company is legally registered under Business ID 3702432341, with its head office located at Lot B_1M_CN, My Phuoc 3 Industrial Park, Chanh Phu Hoa Ward, Ben Cat City, Binh Duong Province, Vietnam.

Established on 18 January 2016, the company maintains an active legal status and operates as a one-member limited liability company. With approximately 700 employees, LUMENS VINA plays a significant role in Binh Duong’s high-tech manufacturing ecosystem.

Core Business Activities

LUMENS VINA COMPANY LIMITED specializes in the manufacture of electronic components and boards, focusing on BLU LEDs, LED lighting products, LGP light guide plates, PKG light-emitting diodes, LCM liquid crystal module clusters, DP light amplifier panels, and MLD screens. The company also holds licenses to manufacture electric lighting equipment and to wholesale electronic and telecommunications components.

As a 100% subsidiary of LUMENS CO., LTD (South Korea), the company benefits from strong technological backing and integration into the global LED and display component supply chain.

Management and Key Personnel

The company is led by Kim S. D., serving as General Director. Supporting financial operations is Hoang T. C., Chief Accountant. Under this leadership structure, LUMENS VINA has expanded production scale and strengthened export-oriented operations within Vietnam’s electronics sector.

Financial Highlights and Critical Analysis

Financially, LUMENS VINA COMPANY LIMITED demonstrates strong revenue generation capacity, with total sales exceeding USD 78 million, reflecting significant growth momentum in electronic component production.

However, despite rising revenue, the company continues to record a net loss of nearly USD 2 million, indicating margin pressure and operational cost challenges. While losses have narrowed compared to previous periods, sustained profitability has not yet been achieved.

Total assets stand at approximately USD 45 million, showing recovery after prior declines. Nevertheless, owner’s equity has sharply decreased to roughly USD 1.4 million, signaling erosion of capital reserves due to accumulated losses. Net worth has also contracted significantly.

A critical financial concern is the company’s negative working capital of nearly USD 14 million, which indicates reliance on short-term liabilities to finance operations. This liquidity structure may create short-term financial pressure, particularly in capital-intensive electronics manufacturing, where inventory cycles and supplier payments require stable cash flow management.

Overall Assessment

LUMENS VINA COMPANY LIMITED remains an active and strategically positioned FDI enterprise in Vietnam’s LED and electronic component manufacturing industry. The company benefits from strong sales growth and support from its foreign parent. However, continued net losses, shrinking equity, and negative working capital highlight financial risks that require careful monitoring.

For investors, suppliers, or credit partners, LUMENS VINA represents a high-revenue electronics manufacturer with improving operational performance but elevated liquidity and capital structure risk.