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POLYFILL JOINT STOCK COMPANY

Active

Business ID 0201730260

84-225 / 8831 971 / +84 938 934 568

POLYFILL JOINT STOCK COMPANY

Active

Business ID 0201730260

84-225 / 8831 971 / +84 938 934 568

POLYFILL JOINT STOCK COMPANY

Active

Summary

Name:

POLYFILL JOINT STOCK COMPANY

Business ID (TIN):

0201730260

Date of Registration:

14 Jun 2016

Registered Office:

Hai Phong City Department of Planning and Investment

Address:

Lot CN1-01, belonging to Nam Dinh Vu Industrial Park (Section 1), Dong Hai 2 Ward, Hai An District, Hai Phong City, Vietnam

Phone:

84-225 / 8831 971 / +84 938 934 568

Financial Statement:

2020, 2021, 2022, 2023, 2024

Established in 2016, Polyfill Joint Stock Company is a Vietnamese manufacturer specializing in filler masterbatch, compound resin, and raw materials used in the plastics industry. The company operates from Nam Dinh Vu Industrial Park in Hai Phong City and serves a broad portfolio of domestic and international clients in packaging, household plastics, construction materials, and industrial manufacturing. With approximately 200 employees, Polyfill manages a vertically structured production environment that spans material processing, technical formulation, and quality control.

A notable strength of the company is its integration of additive formulation, material compounding, and multiple downstream plastic applications within a single production ecosystem, giving Polyfill agility in meeting client specifications across different industries.

Leadership and Shareholders

The company is chaired by Hoang Q. H., who oversees strategic development, corporate governance, and investor engagement. Operational management is led by Vu D. H., who is responsible for production efficiency, supply chain coordination, and market development.

Polyfill’s shareholder structure includes a mix of institutional and individual Vietnamese investors. European Plastic Joint Stock Company holds 48 percent of the equity, serving as the principal shareholder. Other major shareholders include Hoang Q. H. with 14.5 percent, Huynh S. T. with 12 percent, Vu D. H. with 11.5 percent, and Nguyen D. V. with 11 percent, reflecting a diversified ownership structure with strong industry alignment.

Financial Growth and Market Risks

In 2023, the company generated revenue of approximately USD 80.21 million, reflecting a fourteen percent increase compared with the previous year. Profit improved significantly and total assets grew moderately, although equity declined slightly due to internal capital adjustments.

Polyfill operates in a sector heavily influenced by global resin prices, import dependence for key inputs, energy cost fluctuations, and competitive dynamics among domestic plastic material producers. Exposure to export market cycles and customer concentration may also affect long term financial resilience. A complete assessment of liquidity, profitability, credit exposure, and operational risks is available in the VNBIS Company Comprehensive Report, which provides deeper insights for investors, lenders, and commercial partners.

Business Intelligence and Risk Outlook

Polyfill is positioned to benefit from the continued growth of Vietnam’s plastics industry, supported by increasing domestic manufacturing demand and export opportunities. Its production base in Hai Phong provides access to industrial clusters and port logistics that enhance competitiveness in regional trade.

Short term performance will depend on raw material pricing stability, supply chain efficiency, and the company’s ability to maintain production quality at competitive cost levels. Over the long term, Polyfill’s diversified business registrations and strong shareholder backing provide a foundation for continued development in high volume plastic material markets.

VNBIS Support and Business Services

Vanguard Business Information LLC (VNBIS) provides a comprehensive range of professional business intelligence solutions to support investors and partners in evaluating Polyfill Joint Stock Company and its financial and operational standing.

VNBIS services include:

Company Credit Reports evaluating solvency, liquidity, and financial health
Risk Management Solutions analyzing exposure to resin price movements, capital structure, and profitability trends
Business Verification and Due Diligence Reports confirming ownership, compliance, and governance performance

Through these services, VNBIS enables clients to make secure, transparent, and data driven business decisions.

Legal Profile

English Name:

POLYFILL JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN POLYFILL

Short Name:

POLYFILL JSC.

Business ID (TIN):

0201730260

Date of Registration:

14 Jun 2016

Registered Office:

Hai Phong City Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ HOANG Q.H

+ VU D.H

+ DAO T.T

+ NGUYEN Q.T

Address:

Lot CN1-01, belonging to Nam Dinh Vu Industrial Park (Section 1), Dong Hai 2 Ward, Hai An District, Hai Phong City, Vietnam

Phone:

84-225 / 8831 971 / +84 938 934 568

Representative office:

A66, Area A, Land- Right Auction Area 3 Hectares, Ha Noi City, Vietnam

Business Sector

Key business lines:

VSIC:

2013 Manufacture of plastics and synthetic rubber in primary forms

Industry Sales Growth

CAGR (2019 - 2023)

4.66%

YoY (2023)

-9.31%

Companies by industry

Company distribution and propportions

1,279

0.0440%

Key Industry Players

Top 10 companies in manufacture of plastics and synthetic rubber in primary forms industry

the southern rubber industry joint stock company vina plasticizers chemical company limited agc chemicals vietnam company limited european plastic joint stock company tpc vina plastic and chemical corporation limited. phuc thanh vinh rubber co.,ltd viet thanh plastic trading and manufacturing joint stock company thuan loi rubber company limited linh huong production trading company limited tien thanh limited company

Payment History

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Financial Performance

Assets	68.55%
Owner’s Equity	44.48%
Working Capital	22.54%
Net Worth	-71.53%
Sales	-44.96%
Operating income	-58.05%
EBIT	13.79%
Gross Profit Margin	-39.23%
Debt to EBITDA	77.63%

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Company Reports

Company Profile Report

Legal Profile

Contact and Location

Legal Representative

Shareholders

Business Operation

Assets

Owner's Equity

Sales

Profit

Company Standard Report

Legal Profile

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Legal Representative

EBT

EBITDA

Working Capital

Tangible Net Worth

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Comprehensive Report

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Legal Profile

Historical Information

Business Locations

Subsidiary and Affiliated Company

Management and Directors

Shareholders

Business Operation

Suppliers

Buyers

Credit Limit

Industry Information

Key Industry Players

Competitors

Negative Payment Records

Banking Information

Litigation Records; Negative News

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Opinion from Analysts

Specific Questions About POLYFILL JOINT STOCK COMPANY

When did POLYFILL JSC start operating?

POLYFILL JSC was started in 14 Jun 2016

What industry does POLYFILL JSC operate in?

POLYFILL JSC is operating in "Manufacture of plastics and synthetic rubber in primary forms" industry

How can I contact POLYFILL JSC?

POLYFILL JSC phone numbers is 84-225 / 8831 971 / +84 938 934 568

What adverse news is there about POLYFILL JSC?

POLYFILL JSC’s has no negative news

What is stock symbol of POLYFILL JSC?

POLYFILL JSC is not listed company

Where is the location of POLYFILL JSC?

POLYFILL JSC is located at Lot CN1-01, belonging to Nam Dinh Vu Industrial Park (Section 1), Dong Hai 2 Ward, Hai An District, Hai Phong City, Vietnam

What is POLYFILL JSC’s business registration?

POLYFILL JSC business registration is 0201730260

POLYFILL JOINT STOCK COMPANY