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NUMBER ONE MANUFACTURING TRADING SERVICES CO., LTD

Active

Business ID 3701760678

NUMBER ONE MANUFACTURING TRADING SERVICES CO., LTD

Active

Business ID 3701760678

NUMBER ONE MANUFACTURING TRADING SERVICES CO., LTD

Active

Summary

Name:

NUMBER ONE MANUFACTURING TRADING SERVICES CO., LTD

Business ID (TIN):

3701760678

Date of Registration:

06 Aug 2010

Registered Office:

Binh Duong Province Department of Planning and Investment

Address:

No. 219, Binh Duong Avenue, Vinh Phu Ward, Thuan An City, Binh Duong Province, Vietnam

Financial Statement:

2020, 2021, 2022, 2023, 2024

NUMBER ONE MANUFACTURING TRADING SERVICES CO., LTD (CÔNG TY TNHH SẢN XUẤT THƯƠNG MẠI DỊCH VỤ NUMBER ONE): Big Sales, But Signs of Trouble Beneath the Surface

Despite boasting over USD 411 million in revenue for 2023, NUMBER ONE MANUFACTURING TRADING SERVICES CO., LTD (CÔNG TY TNHH SẢN XUẤT THƯƠNG MẠI DỊCH VỤ NUMBER ONE) may not be living up to its name when it comes to financial health. The beverage wholesaler, based in Binh Duong Province and registered under Business ID 3701760678, saw sharp drops in both profit and total assets, raising questions about its long-term strategy and operational resilience.

Profits cut in half, assets slashed

While revenue dipped slightly by 9.36%, the company’s net profit collapsed by 60.12%, falling to just USD 1.58 million. At the same time, its assets were cut by more than half—from USD 57.8 million in 2022 to USD 25.2 millionin 2023. That’s a 56.45% decline in a single year, an alarming sign for a firm of this size.

What’s even more striking is that despite years of operation and such significant revenue, the company’s paid-up capital remains just USD 246,498—a fraction of its declared charter capital. This raises red flags about capitalization, internal reinvestment, and financial transparency.

Family-owned and privately held

The company is led by Ms. Pham Thi Nu and owned by members of the well-known Tran family, including Tran Ngoc Bich (50%), Tran Uyen Phuong (45%), and Tran Qui Thanh (5%)—a name familiar in Vietnam’s beverage industry. However, even with deep family roots and a strong market presence, the business is showing signs of internal strain.

A need for deeper financial visibility

NUMBER ONE’s case is a textbook example of a company where headline sales figures don’t tell the full story. With shrinking profit margins and disappearing assets, potential partners and investors are strongly advised to look beyond surface numbers. For independent, confidential insights into the firm’s financial health, liabilities, and risk exposure, the Business Verification and Risk Management Service by Vanguard Business Information (VBI) is essential.

Conclusion

NUMBER ONE MANUFACTURING TRADING SERVICES CO., LTD may still dominate shelves, but behind the scenes, its finances are showing signs of stress. Whether this is part of a strategic reshuffling or a deeper structural issue remains unclear—but one thing is certain: a closer look is warranted.

Legal Profile

English Name:

NUMBER ONE MANUFACTURING TRADING SERVICES CO., LTD

Vietnamese Name:

CÔNG TY TNHH SẢN XUẤT THƯƠNG MẠI DỊCH VỤ NUM BER ONE

Short Name:

NUMBER 1 CO., LTD

Business ID (TIN):

3701760678

Date of Registration:

06 Aug 2010

Registered Office:

Binh Duong Province Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

PHAM T.N

Address:

No. 219, Binh Duong Avenue, Vinh Phu Ward, Thuan An City, Binh Duong Province, Vietnam

Business Sector

Key business lines:

VSIC:

4633 Wholesale of beverages

NACE:

46.34 Wholesale of beverages

Industry Sales Growth

CAGR (2019 - 2023)

4.58%

YoY (2023)

0.06%

Companies by industry

Company distribution and propportions

8,521

0.2931%

Key Industry Players

Top 10 companies in wholesale of beverages industry

song tien saigon beer trading joint stock company saigon song hau beer trading joint stock company sai gon beer tay nguyen trading joint stock company northern sai gon beer trading joint stock company saigon beer center trading joint stock company saigon beer nam trung bo trading joint stock company sai gon beer eastern trading joint stock company carlsberg vietnam trading limited number one manufacturing trading services co., ltd richiva company limited

Payment History

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Financial Performance

Assets	-32.48%
Owner’s Equity	-55.78%
Working Capital	11.78%
Net Worth	-33.52%
Sales	-78.67%
Operating income	-30.87%
EBIT	56.23%
Gross Profit Margin	87.33%
Debt to EBITDA	75.78%

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Specific Questions About NUMBER ONE MANUFACTURING TRADING SERVICES CO., LTD

When did NUMBER ONE MANUFACTURING TRADING SERVICES CO., LTD start operating?

NUMBER ONE MANUFACTURING TRADING SERVICES CO., LTD was started in 06 Aug 2010

What industry does NUMBER ONE MANUFACTURING TRADING SERVICES CO., LTD operate in?

NUMBER ONE MANUFACTURING TRADING SERVICES CO., LTD is operating in "Wholesale of beverages" industry

How can I contact NUMBER ONE MANUFACTURING TRADING SERVICES CO., LTD?

NUMBER ONE MANUFACTURING TRADING SERVICES CO., LTD don't share phone numbers information

What adverse news is there about NUMBER ONE MANUFACTURING TRADING SERVICES CO., LTD?

NUMBER ONE MANUFACTURING TRADING SERVICES CO., LTD’s has no negative news

What is stock symbol of NUMBER ONE MANUFACTURING TRADING SERVICES CO., LTD?

NUMBER ONE MANUFACTURING TRADING SERVICES CO., LTD is not listed company

Where is the location of NUMBER ONE MANUFACTURING TRADING SERVICES CO., LTD?

NUMBER ONE MANUFACTURING TRADING SERVICES CO., LTD is located at No. 219, Binh Duong Avenue, Vinh Phu Ward, Thuan An City, Binh Duong Province, Vietnam

What is NUMBER ONE MANUFACTURING TRADING SERVICES CO., LTD’s business registration?

NUMBER ONE MANUFACTURING TRADING SERVICES CO., LTD business registration is 3701760678

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NUMBER ONE MANUFACTURING TRADING SERVICES CO., LTD