NAM HUNG METAL JOINT STOCK COMPANY

NAM HUNG METAL JOINT STOCK COMPANY is a more-than-12-year player in Vietnam’s metal manufacturing sector, operating under Business ID 1101685873 and headquartered at Lot D2-4, VL2 Road, Vĩnh Lộc 2 Industrial Park, Long An Province. Known in the market for producing steel pipes, structural metal products, iron, and cast-iron components, the company has built a diversified ecosystem that spans machining, forging, metal treatment, warehousing, and domestic freight activities.

Under the leadership of Director Le H. M., the business has expanded operations from its Long An base to an additional facility in Tây Ninh, supported by a shareholder structure led by Ms. Nguyen T. B. T. (35%), Mr. Phan Q. H. (24%), and other Vietnamese investors.

A Company with Strong Revenue but Growing Financial Strain

According to the latest available report, NAM HUNG METAL JOINT STOCK COMPANY recorded USD 114.34 million in sales in 2024—an increase of nearly 15% year-on-year, demonstrating resilience in a highly cyclical steel industry. Total assets also rebounded sharply to USD 54.32 million, a 27% recovery after a difficult 2023.

However, beneath this revenue rebound, the company faces substantial financial pressure. Equity fell into negative territory at –USD 513,282, and accumulated losses in recent years have eroded its capital position. Despite an improved net loss figure (USD –1.77 million in 2024 versus USD –11.48 million in 2023), liquidity remains tight, with working capital at USD 10.75 million.

This combination of high revenue, shrinking equity, and negative working capital signals a business experiencing operational recovery but still exposed to significant short-term obligations and cash-flow risks.

A Diverse Manufacturing Base Serving Vietnam’s Metal Supply Chain

NAM HUNG METAL JOINT STOCK COMPANY operates across a wide range of industrial lines, including:

• Manufacturing steel pipes and structural metal products

• Casting, forging, stamping, and roll-forming

• Machining and surface treatment

• Wholesale of metal and metal ores

• Warehousing and freight transport

This breadth of activities positions the company as a versatile supplier for construction contractors, industrial projects, fabricators, and distribution partners across southern Vietnam.

Why an Updated Report Matters for Investors and Risk Managers

The steel industry is capital-intensive and highly sensitive to price volatility, debt structure, and downstream demand. With NAM HUNG METAL JOINT STOCK COMPANY showing both substantial commercial volume and clear financial vulnerabilities, updated insights are crucial for stakeholders evaluating:

• Payment risk and credit exposure

• Changes in liquidity since 2024

• Current debt levels and repayment capacity

• The company’s ability to rebuild equity

• Operational adjustments or restructuring efforts

VNBIS provides several types of business-intelligence products—including Company Profile Reports, Financial Reports, Comprehensive Reports, and Litigation & Directorship Checks—allowing partners, suppliers, and lenders to assess the real-time health and stability of potential counterparties.

An Updated Company Report is especially recommended for NAM HUNG METAL JOINT STOCK COMPANY, as 2025 data may reflect significant improvements, pressures, or restructuring not yet visible in historical records.