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NEWEB VIETNAM CO., LTD.

Active

Business ID 0700837869

84-226 / 3588899

NEWEB VIETNAM CO., LTD.

Active

Business ID 0700837869

84-226 / 3588899

NEWEB VIETNAM CO., LTD.

Active

Summary

Name:

NEWEB VIETNAM CO., LTD.

Business ID (TIN):

0700837869

Date of Registration:

06 Apr 2020

Registered Office:

Ninh Binh Department of Finance

Address:

Land Plot CN01, Dong Van III Industrial Park, Dong Van Ward, Ninh Binh Province, Vietnam

Phone:

84-226 / 3588899

Financial Statement:

2020, 2021, 2022, 2023, 2024

NEWEB VIETNAM CO., LTD. (CÔNG TY TNHH NEWEB VIỆT NAM)

NEWEB VIETNAM CO., LTD. is a foreign direct investment (FDI) company operating in Vietnam, specializing in the manufacture of communication equipment. Established on April 6, 2020, the company is legally registered as a one-member limited liability company (LLC) under Business ID: 0700837869. The company's Tax Code (TIN) is 0700837869, issued by the Ha Nam Province Department of Planning and Investment.

The company is headquartered at Land Plot CN01, Dong Van III Industrial Park, Dong Van Ward, Duy Tien Town, Ha Nam Province, Vietnam. It is a subsidiary of WISTRON NEWEB CORPORATION (Taiwan), which holds 100% of its shares. NEWEB VIETNAM CO., LTD. has an employee base of approximately 8,000, making it a significant player in the Vietnamese telecommunications and electronics industry.

Key Personnel

The leadership team consists of:

Chairman cum General Director: Mr. GAU, JIAHN-RONG (JEFFREY GAU) (Taiwanese)
Deputy General Director: Mr. CHEN, YUNG-CHI (PAUL CHEN) (Taiwanese)

Both executives have extensive experience in communication technology and manufacturing, ensuring the company’s growth in the Vietnamese and global markets.

Financial Performance and Risk Management

As of December 31, 2023, NEWEB VIETNAM CO., LTD. reported the following financial metrics:

Total Assets: USD 330.15 million (YoY growth of 27.7%)
Owner’s Equity: USD 56.45 million (YoY growth of 37.64%)
Total Sales Revenue: USD 758.49 million (YoY growth of 41.03%)
Net Profit: USD 2.37 million (YoY growth of 163.8%)
Net Worth: USD 56.35 million

Despite strong sales growth and asset expansion, the company faced working capital challenges with a negative USD -36.47 million, indicating potential cash flow risks. VANGUARD BUSINESS INFORMATION LLC (VBI), a leading private financial data supplier, provides risk management solutions and company reports to help businesses assess such financial risks.

Business Activities and Market Position

NEWEB VIETNAM CO., LTD. is engaged in the manufacturing and assembling of wireless communication equipment, catering to both domestic and international markets. The company’s registered activities include:

Manufacture of communication equipment
Wholesale of electronic and telecommunications equipment
Manufacture of consumer electronics
Technical consulting and business support services

Given its expanding revenue base and improving profitability, NEWEB VIETNAM CO., LTD. is well-positioned for future growth. However, VBI’s company report indicates that working capital concerns and potential financial risksshould be monitored closely.

By leveraging risk management strategies and accurate financial insights from VBI, businesses can make informed decisions regarding partnerships and investment opportunities with NEWEB VIETNAM CO., LTD.

Legal Profile

English Name:

NEWEB VIETNAM CO., LTD.

Vietnamese Name:

CÔNG TY TNHH NEWEB VIỆT NAM

Short Name:

NVNM

Business ID (TIN):

0700837869

Date of Registration:

06 Apr 2020

Registered Office:

Ninh Binh Department of Finance

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ GAU, J.(.G

+ CHEN, Y.(.C

Address:

Land Plot CN01, Dong Van III Industrial Park, Dong Van Ward, Ninh Binh Province, Vietnam

Phone:

84-226 / 3588899

Business Sector

Key business lines:

VSIC:

4652 Wholesale of electronic and telecommunications equipment and parts

NACE:

46.52 Wholesale of electronic and telecommunications equipment and parts

Industry Sales Growth

CAGR (2019 - 2023)

3.92%

YoY (2023)

-3.63%

Companies by industry

Company distribution and propportions

16,618

0.5716%

Key Industry Players

Top 10 companies in wholesale of electronic and telecommunications equipment and parts industry

adg national investment and technology development corporation synnex fpt distribution company limited branch of synnex fpt distribution company limited petrovietnam general services corporation vinh khang science & technology joint stock company petroleum high technology products distribution joint stock company imedia technology and services joint stock company hoang ha trading investment and construction joint stock company ndh service trading investment joint stock company cfi investment joint stock company

Payment History

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Financial Performance

Assets	-47.40%
Owner’s Equity	14.99%
Working Capital	-8.51%
Net Worth	-29.95%
Sales	-61.23%
Operating income	23.13%
EBIT	-77.26%
Gross Profit Margin	-37.99%
Debt to EBITDA	62.89%

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Negative Payment Records

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Opinion from Analysts

Specific Questions About NEWEB VIETNAM CO., LTD.

When did NEWEB VIETNAM CO., LTD. start operating?

NEWEB VIETNAM CO., LTD. was started in 06 Apr 2020

What industry does NEWEB VIETNAM CO., LTD. operate in?

NEWEB VIETNAM CO., LTD. is operating in "Wholesale of electronic and telecommunications equipment and parts" industry

How can I contact NEWEB VIETNAM CO., LTD.?

NEWEB VIETNAM CO., LTD. phone numbers is 84-226 / 3588899

What adverse news is there about NEWEB VIETNAM CO., LTD.?

NEWEB VIETNAM CO., LTD.’s has no negative news

What is stock symbol of NEWEB VIETNAM CO., LTD.?

NEWEB VIETNAM CO., LTD. is not listed company

Where is the location of NEWEB VIETNAM CO., LTD.?

NEWEB VIETNAM CO., LTD. is located at Land Plot CN01, Dong Van III Industrial Park, Dong Van Ward, Ninh Binh Province, Vietnam

What is NEWEB VIETNAM CO., LTD.’s business registration?

NEWEB VIETNAM CO., LTD. business registration is 0700837869

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NEWEB VIETNAM CO., LTD.