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PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JOINT STOCK COMPANY

Active

Business ID 0312791043

84-28 / 3910 7979 / 3911 2052 / 3911 2051 / 3911 2050

PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JOINT STOCK COMPANY

Active

Business ID 0312791043

84-28 / 3910 7979 / 3911 2052 / 3911 2051 / 3911 2050

PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JOINT STOCK COMPANY

Active

Summary

Name:

PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JOINT STOCK COMPANY

Business ID (TIN):

0312791043

Date of Registration:

22 May 2014

Registered Office:

Ho Chi Minh City Department of Finance

Address:

6th Floor, PetroVietNam Building, No. 1-5, Le Duan Street, Sai Gon Ward, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3910 7979 / 3911 2052 / 3911 2051 / 3911 2050

Financial Statement:

2020, 2021, 2022, 2023, 2024

PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JOINT STOCK COMPANY (Vietnamese: CÔNG TY CỔ PHẦN PHÂN PHỐI SẢN PHẨM CÔNG NGHỆ CAO DẦU KHÍ) is a privately held Vietnamese enterprise, legally registered as a joint stock company under Business ID 0312791043. It was established on May 22, 2014, and currently operates from its head office at the 6th Floor, PetroVietnam Building, No. 1-5 Le Duan Street, District 1, Ho Chi Minh City. The company also maintains a representative office in Hanoi. With a business duration of over ten years, the enterprise has positioned itself in the wholesale distribution of electronic and telecommunications equipment and parts, while also engaging in retail, advertising, market research, and software-related services.

As of the end of 2023, the company reported total assets of approximately USD 79.45 million, marking a 36.12% increase compared to the previous year. This upward trend in asset growth was accompanied by a similar expansion in sales revenue, which rose to USD 268.72 million—a year-over-year growth rate of 31.43%. The company also posted a profit of USD 1.41 million for 2023, a significant rebound from the previous year's lower result and reflecting a 137.08% increase. Despite modest overall equity of USD 3.21 million, the positive financial trajectory over the past year suggests increased operational efficiency and potential reinvestment into the business. However, it's worth noting that the company had experienced a profit contraction in 2022, demonstrating that its performance may be subject to fluctuation depending on market or internal factors.

The company’s legal capital framework includes a charter capital of USD 2.87 million, with USD 1.64 million paid-up as of the latest reporting period. PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JOINT STOCK COMPANY has a relatively small staff size of around 50 employees, despite its sizable asset base and revenue stream. Its shareholder structure is led by PetroVietnam General Services Corporation (PETROSETCO), which holds a controlling 51% stake. Other notable shareholders include Mr. Phung Tuan Nam (35.3%), Mr. Ho Hoang Nguyen Vu (8.3%), Mr. Tran Quang Huy (1.6%), and Mr. Cao Thanh Hung (1%).

In terms of governance, Mr. Tran Quang Huy currently serves as Chairman of the Board, with Mr. Ho Hoang Nguyen Vu acting as Director and Mr. Cao Thanh Hung as Chief Accountant. All three are Vietnamese nationals and appear to be actively involved in company management. The company’s legal registration and tax compliance are recorded with the Ho Chi Minh City Department of Planning and Investment.

From a risk perspective, PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JOINT STOCK COMPANY remains operationally active with signs of revenue and profit growth in 2023. However, its relatively low equity position compared to total assets and sales volume may suggest reliance on external financing or retained liabilities, which should be taken into consideration by potential partners, creditors, or investors. Furthermore, fluctuations in profitability in prior years highlight the importance of close monitoring in any ongoing business engagement.

Legal Profile

English Name:

PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN PHÂN PHỐI SẢN PHẨM CÔNG NGHỆ CAO DẦU KHÍ

Business ID (TIN):

0312791043

Date of Registration:

22 May 2014

Registered Office:

Ho Chi Minh City Department of Finance

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ HO H.N.V

+ CAO T.H

Address:

6th Floor, PetroVietNam Building, No. 1-5, Le Duan Street, Sai Gon Ward, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3910 7979 / 3911 2052 / 3911 2051 / 3911 2050

Representative office:

VPI Tower, No. 167, Trung Kinh Street, Yen Hoa Ward, Cau Giay District, Ha Noi City, Vietnam

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	74.89%
Owner’s Equity	-98.73%
Working Capital	-28.96%
Net Worth	-18.76%
Sales	-19.28%
Operating income	50.36%
EBIT	67.51%
Gross Profit Margin	-41.92%
Debt to EBITDA	4.39%

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Specific Questions About PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JOINT STOCK COMPANY

When did PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JSC start operating?

PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JSC was started in 22 May 2014

What industry does PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JSC operate in?

PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JSC is operating in "Wholesale of electronic and telecommunications equipment and parts" industry

How can I contact PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JSC?

PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JSC phone numbers is 84-28 / 3910 7979 / 3911 2052 / 3911 2051 / 3911 2050

What adverse news is there about PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JSC?

PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JSC’s has 1 bad news

What is stock symbol of PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JSC?

PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JSC is not listed company

Where is the location of PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JSC?

PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JSC is located at 6th Floor, PetroVietNam Building, No. 1-5, Le Duan Street, Sai Gon Ward, Ho Chi Minh City, Vietnam

What is PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JSC’s business registration?

PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JSC business registration is 0312791043

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PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JOINT STOCK COMPANY

PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JOINT STOCK COMPANY

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PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JOINT STOCK COMPANY

PETROLEUM HIGH TECHNOLOGY PRODUCTS DISTRIBUTION JOINT STOCK COMPANY

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