Summary
MICHELIN VIETNAM COMPANY LIMITED is a prominent player in the Vietnamese tyre industry. With over 15 years of operation, Michelin Vietnam has solidified its reputation as a reliable provider of high-quality tyres for various vehicles, including cars, SUVs, trucks, buses, motorcycles, and even aircraft. As part of the globally recognized Michelin brand, the company benefits from a strong legacy of innovation and excellence.
Company Overview
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Company Name: Michelin Vietnam Company Limited (Công Ty TNHH Michelin Việt Nam)
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Business ID: 0309546820
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Head Office: Room No. 5, 6, and 7, 4th floor, Phu My Hung Building, No. 08 Hoang Van Thai Street, Tan Phu Ward, District 7, Ho Chi Minh City, Vietnam
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Website: www.michelin.vn
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Phone: (84-28) 3942 1111
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Ownership: 100% owned by Compagnie Financière Michelin SCMA, Switzerland
Financial Performance
Michelin Vietnam has demonstrated resilience in a challenging market, with notable financial highlights:
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Total Sales (2023): USD 71.21 million (-15.35% YoY)
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Total Assets (2023): USD 24.07 million (-19.52% YoY)
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Profit (2023): USD 5.59 million (-52.94% YoY)
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Equity (2023): USD 11.48 million (-22.46% YoY)
Despite a decline in profit, Michelin Vietnam remains a key contributor to the local and regional automotive industry.
Business Activities
Michelin Vietnam operates across multiple business lines:
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Tyre Trading: Supplying premium-quality tyres for various vehicle types.
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Non-specialized Wholesale Trade: Offering a diverse range of products beyond tyres.
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Management Consultancy Activities: Providing expertise in business operations and growth strategies.
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Retail Trade: Engaging in direct-to-consumer sales.
Leadership
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General Director: Mr. Alexis Richard (French Nationality)
Under his leadership, the company continues to adapt to market demands while maintaining Michelin's global standards.
Why Choose Michelin Vietnam?
1. Premium Quality Tyres
Michelin is globally known for its durable, high-performance tyres, catering to both consumer and commercial needs.
2. Strong Market Presence
With offices in Ho Chi Minh City and Hanoi, Michelin Vietnam has a strong distribution network across the country.
3. Commitment to Innovation
The company continuously invests in R&D to introduce advanced tyre technology, improving road safety and efficiency.
4. Sustainability & Responsibility
Michelin emphasizes environmental sustainability, focusing on eco-friendly production processes and recyclable materials.
Conclusion
Michelin Vietnam Company Limited stands as a trusted name in the Vietnamese tyre industry. With a commitment to quality, innovation, and sustainability, Michelin Vietnam continues to provide top-tier products and services to its customers.
For more information, visit Michelin Vietnam.
Legal Profile
Contacts
Business Sector
2.67%
3.87%
18,217
0.6332%
Key Industry Players
Payment History
Financial Performance
| Assets | 0.02% |
| Owner’s Equity | -88.22% |
| Working Capital | -27.82% |
| Net Worth | 28.96% |
| Sales | -91.22% |
| Operating income | -16.88% |
| EBIT | 94.12% |
| Gross Profit Margin | -96.26% |
| Debt to EBITDA | -74.98% |
Company Reports
Company Profile Report
Legal Profile
Contact and Location
Legal Representative
Shareholders
Business Operation
Assets
Owner's Equity
Sales
Profit
Company Standard Report
Legal Profile
Business Locations
Legal Representative
EBT
EBITDA
Working Capital
Tangible Net Worth
Financial Ratios
Balance Sheet
Profit and Loss Statement
Cash Flow Statement
Comprehensive Report
Report Summary
Legal Profile
Historical Information
Business Locations
Subsidiary and Affiliated Company
Management and Directors
Shareholders
Business Operation
Suppliers
Buyers
Credit Limit
Industry Information
Key Industry Players
Competitors
Negative Payment Records
Banking Information
Litigation Records; Negative News
Financial Ratios
Balance Sheet
Profit and Loss Statement
Cash Flow Statement
Opinion from Analysts
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