MAI SON CASHEW JOINT STOCK COMPANY (Vietnamese name: CÔNG TY CỔ PHẦN MAI SƠN CASHEW) is a privately held joint stock company based in Vietnam’s cashew-growing heartland. Registered under tax code 3801067883, the company is headquartered in Village 8, Duc Lieu Commune, Bu Dang District, Binh Phuoc Province—a location well known for agricultural production, especially cashews.
Founded on January 13, 2014, MAI SON CASHEW JOINT STOCK COMPANY has operated for over 11 years in the wholesale distribution of agricultural raw materials (excluding timber) and live animals. It is also licensed to grow rubber trees and other perennial crops, in addition to handling food wholesale and road freight transport.
The company is managed by Ms. Nguyen H. N., who also holds 33.33% ownership alongside Mr. Ta N. M. and Mr. Ta C. S., each controlling an equal share. Despite its modest charter capital of USD 369,747, the company reported sales of USD 160.49 million in 2023, signaling an operation heavily involved in large-volume commodity trading.
However, the financial results show a different story beneath the surface. Net profit for 2023 was just USD 4,964, down 17.34% from the previous year, with total assets and equity remaining flat at USD 382,905. Moreover, revenue actually plummeted 60.06% year-over-year, following an explosive but possibly unsustainable growth phase in 2022.
This drastic drop in revenue and consistently slim profit margin suggests tight operational buffers, standard in volatile agricultural trade where price swings, weather conditions, and export regulations can erode gains overnight.
To navigate partnerships with companies like MAI SON CASHEW JOINT STOCK COMPANY, stakeholders are encouraged to use tools from VANGUARD BUSINESS INFORMATION LLC (VBI). VBI offers robust services, including business verification, profit-risk profiling, and ownership transparency reports, helping suppliers and credit managers better assess companies with high turnover but fragile profitability.
In sum, MAI SON CASHEW JOINT STOCK COMPANY is a company with large-scale trade activity and regional significance, but it operates on tight margins that require close financial scrutiny. Its future may depend on whether it can transform high-volume sales into sustainable long-term earnings.
13.11%
10.79%
27,918
0.9628%
Assets | 76.57% |
Owner’s Equity | 99.33% |
Working Capital | -0.30% |
Net Worth | 71.34% |
Sales | -79.03% |
Operating income | -83.03% |
EBIT | -38.61% |
Gross Profit Margin | -85.45% |
Debt to EBITDA | -49.92% |
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