MIKADO TECHNOLOGY AND TRADING JOINT STOCK COMPANY
ActiveMIKADO TECHNOLOGY AND TRADING JOINT STOCK COMPANY
ActiveMIKADO TECHNOLOGY AND TRADING JOINT STOCK COMPANY
ActiveSummary
MIKADO TECHNOLOGY AND TRADING JOINT STOCK COMPANY (Local name: Công Ty Cổ Phần Kỹ Thương Thiên Hoàng) is a joint stock company specializing in the manufacture of clay building materials, particularly ceramic wall and floor tiles. Established on June 28, 2002, the company is legally registered under Business ID 0101272578 with the Ha Noi City Department of Planning and Investment.
Its head office is on the 6th Floor, Diamond Flower Tower, Le Van Luong Street, Nhan Chinh Ward, Thanh Xuan District, Ha Noi City. With over two decades of operation, MIKADO has grown into one of Vietnam’s most recognized ceramic tile manufacturers, supplying domestic and export markets.
Experienced Leadership and Ownership
The company is led by Pham B. T., General Director, who has been instrumental in developing MIKADO’s production capacity and nationwide distribution network. MIKADO is a privately held company with a strong shareholder base: Le T. L. holds 38%, Pham B. T. holds 36%, and Nguyen V. H. holds 26%. This structure ensures strategic alignment, long-term vision, and financial stability.
Solid Financial Performance
MIKADO has demonstrated consistent performance and resilience in Vietnam’s construction materials sector. In 2024, total assets reached approximately USD 70.78 million, equity stood at USD 13.02 million, and total sales rose to USD 110.92 million, marking a 2.12% year-on-year increase.
Profit also saw a strong turnaround, reaching USD 292,772 after previous years of losses. Working capital expanded significantly to over USD 721,000, showing improved operational liquidity. These results underscore the company’s financial recovery and strong market presence.
Diverse Business Lines and Capabilities
While the core business of MIKADO centers on manufacturing and trading ceramic wall and floor tiles, the company is active across multiple related industries, including:
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Manufacture of clay building materials and porcelain products
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Manufacture of paints, varnishes, and metal tanks
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Electrical installation and industrial machinery installation
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Wholesale of construction materials and specialized retail
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Site preparation, demolition, and building completion
This diversified portfolio gives MIKADO flexibility in responding to market changes and the capacity to provide integrated solutions for construction and interior finishing projects.
Nationwide Network and Branches
In addition to its headquarters in Ha Noi, MIKADO operates a branch network in Thai Binh, Da Nang, and Ho Chi Minh City. This distribution structure allows the company to serve customers efficiently across all regions of Vietnam and enhance its competitiveness in logistics, customer service, and supply chain management.
Workforce and Operational Strength
With around 1,000 employees, MIKADO combines skilled labor with modern production technology to deliver high-quality products. Its long-standing market presence and reputation for reliability make it a trusted partner for contractors, developers, and retailers nationwide.
Market Outlook and Strategic Vision
As Vietnam’s construction and real estate sectors continue to expand, the demand for quality building materials such as ceramic tiles is growing steadily. With its strong production capacity, strategic branch network, and proven financial base, MIKADO TECHNOLOGY AND TRADING JOINT STOCK COMPANY is well-positioned to reinforce its market leadership and pursue further growth in domestic and export markets.
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Industry Sales Growth
7.33%
-6.58%
Companies by industry
539
0.0185%
Key Industry Players
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Financial Performance
| Assets | 19.53% |
| Owner’s Equity | -8.77% |
| Working Capital | 58.36% |
| Net Worth | -89.58% |
| Sales | -19.27% |
| Operating income | -67.24% |
| EBIT | -83.61% |
| Gross Profit Margin | 68.11% |
| Debt to EBITDA | 34.55% |