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PARTRON VINA CO.,LTD

Active

Business ID 2500298765

84-211 / 3696 505 / 3696 501

PARTRON VINA CO.,LTD

Active

Business ID 2500298765

84-211 / 3696 505 / 3696 501

PARTRON VINA CO.,LTD

Active

Summary

Name:

PARTRON VINA CO.,LTD

Business ID (TIN):

2500298765

Date of Registration:

02 May 2008

Registered Office:

Vinh Phuc Province Department of Planning and Investment

Address:

Lot 11, Khai Quang Industrial Park, Khai Quang Ward, Vinh Yen City, Vinh Phuc Province, Vietnam

Phone:

84-211 / 3696 505 / 3696 501

Financial Statement:

2020, 2021, 2022, 2023, 2024

PATRON VINA CO., LTD (CÔNG TY TNHH PARTRON VINA) is a long-established foreign-invested manufacturer in Vinh Phuc, specializing in electronic components such as image sensor modules, LED units, backlight modules, and other high-precision parts. With over 17 years of operation and a workforce of 4,000 employees, the company forms an essential link in the global supply chain for major consumer-electronics brands. Yet, behind its scale lies a business model that operates under intense pressure and with thin financial buffers.

Legal Structure and Operational Concentration

PATRON VINA operates as a 100 percent foreign-invested limited liability company, with PATRON CO., LTD from South Korea holding 97.74% ownership. This tight ownership structure allows operational alignment but also means strategic decisions depend heavily on the parent company’s commercial priorities rather than domestic market conditions. The company is headquartered in Khai Quang Industrial Park, Vinh Phuc, with an additional branch in Dong Soc Industrial Cluster. Such concentrated manufacturing footprints expose the company to localized labor, infrastructure, and policy risks.

Management and Governance

The General Director is Kim Y. H., representing the Korean parents’ direct oversight. While this ensures technical expertise and quality control, governance remains closely tied to foreign managerial decisions. For risk managers, the lack of local strategic autonomy may limit responsiveness during market disruptions or regulatory changes.

Financial Signals: Strong Revenue but Modest Profitability

PATRON VINA shows a financial profile that blends significant scale with recurring volatility. Sales rebounded to USD 94.73 million in 2023, up nearly 9 percent from the previous year, and profitability returned with USD 4.69 million after a severe loss in 2022. However, working capital stood at just USD 1.78 million, highlighting extremely thin liquidity relative to operational size. Total assets actually declined in 2023, signaling cautious reinvestment and potential pressure on long-term capacity. The company’s performance swings are strongly tied to global electronics demand, which remains cyclical and unpredictable.

Credit & Risk Perspective

From a risk-management lens, the most significant concerns lie in (1) narrow liquidity, (2) high dependence on a single foreign parent for capital decisions, and (3) exposure to global electronics cycles where orders can shift rapidly. Despite its long operating history, PATRON VINA’s financial cushions are modest and warrant close monitoring by suppliers, logistics partners, and financial institutions.

Legal Profile

English Name:

PARTRON VINA CO.,LTD

Vietnamese Name:

CÔNG TY TNHH PARTRON VINA

Short Name:

PV CO.,LTD

Business ID (TIN):

2500298765

Date of Registration:

02 May 2008

Registered Office:

Vinh Phuc Province Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

KIM Y.H

Address:

Lot 11, Khai Quang Industrial Park, Khai Quang Ward, Vinh Yen City, Vinh Phuc Province, Vietnam

Phone:

84-211 / 3696 505 / 3696 501

Branch:

Lot CN03-03, Dong Soc Industrial Cluster, Tu Trung Town, Vinh Tuong District, Vinh Phuc Province, Vietnam

Business Sector

Key business lines:

VSIC:

2610 Manufacture of electronic components and boards

NACE:

26.1 Manufacture of electronic components and boards

Industry Sales Growth

CAGR (2019 - 2023)

4.75%

YoY (2023)

3.18%

Companies by industry

Company distribution and propportions

3,359

0.1155%

Key Industry Players

Top 10 companies in manufacture of electronic components and boards industry

jabil vietnam company limited canon vietnam company limited fuhong precision component(bac giang) company limited intel products vietnam co., ltd samsung electro-mechanics vietnam co.,ltd samsung display vietnam co., ltd. new wing interconnect technology (bac giang) co.,ltd bhflex vina company limited lg innotek vietnam haiphong company limited luxshare - ict (van trung) company limited

Payment History

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Financial Performance

Assets	-19.50%
Owner’s Equity	-3.47%
Working Capital	58.23%
Net Worth	33.09%
Sales	23.93%
Operating income	86.32%
EBIT	-88.25%
Gross Profit Margin	79.53%
Debt to EBITDA	66.89%

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Specific Questions About PARTRON VINA CO.,LTD

When did PARTRON VINA CO.,LTD start operating?

PARTRON VINA CO.,LTD was started in 02 May 2008

What industry does PARTRON VINA CO.,LTD operate in?

PARTRON VINA CO.,LTD is operating in "Manufacture of electronic components and boards" industry

How can I contact PARTRON VINA CO.,LTD?

PARTRON VINA CO.,LTD phone numbers is 84-211 / 3696 505 / 3696 501

What adverse news is there about PARTRON VINA CO.,LTD?

PARTRON VINA CO.,LTD’s has no negative news

What is stock symbol of PARTRON VINA CO.,LTD?

PARTRON VINA CO.,LTD is not listed company

Where is the location of PARTRON VINA CO.,LTD?

PARTRON VINA CO.,LTD is located at Lot 11, Khai Quang Industrial Park, Khai Quang Ward, Vinh Yen City, Vinh Phuc Province, Vietnam

What is PARTRON VINA CO.,LTD’s business registration?

PARTRON VINA CO.,LTD business registration is 2500298765

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