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POU CHEN VIETNAM ENTERPRISE LTD

Active

Business ID 3600265571

84-251 / 3954 218 - 3955 212 - 3955 883

POU CHEN VIETNAM ENTERPRISE LTD

Active

Business ID 3600265571

84-251 / 3954 218 - 3955 212 - 3955 883

POU CHEN VIETNAM ENTERPRISE LTD

Active

Summary

Name:

POU CHEN VIETNAM ENTERPRISE LTD

Business ID (TIN):

3600265571

Date of Registration:

19 Aug 2008

Registered Office:

Dong Nai Province Department of Planning and Investment

Address:

Nguyen Ai Quoc Street, An Hoa Quarter, Hoa An Ward, Bien Hoa City, Dong Nai Province, Vietnam

Phone:

84-251 / 3954 218 - 3955 212 - 3955 883

Fax:

(84-251) 3954 224

Financial Statement:

2020, 2021, 2022, 2023, 2024

POU CHEN VIETNAM ENTERPRISE LTD (CÔNG TY TNHH POU CHEN VIỆT NAM) isn’t just any foreign-invested company in Vietnam—it’s a manufacturing giant employing over 15,000 workers in Dong Nai Province, churning out shoes for global giants like NIKE. But while the public image is one of stability and industrial strength, the company’s 2023 financials reveal a more concerning story—and industry insiders are starting to ask hard questions.

In 2023, POU CHEN VIETNAM ENTERPRISE LTD posted USD 321.16 million in sales, a sharp drop of 14.44%compared to 2022. Even more stunning: profits fell by 20.09%, from over USD 13 million down to just USD 10.5 million, despite a previously impressive turnaround from a 2021 loss. This isn’t just a dip—this is a reversal of momentum that raises eyebrows, especially for a firm that manufactures for one of the most iconic consumer brands on the planet. Total assets also declined by over USD 17 million, wiping out much of the growth gained during the post-COVID recovery period.

Yet here’s the twist: owner’s equity soared 24.77%, suggesting that the Taiwan-based parent company—POU YUEN INDUSTRIAL (HOLDINGS) LIMITED—might be shoring up capital or reorganizing the Vietnamese operation behind closed doors. That’s not all. With only USD 16.45 million in paid-up capital (just a fraction of the declared charter capital), and no public debt listed, some observers are questioning whether this enormous operation is being overly reliant on retained earnings or internal transfers. For a company of this size, the lack of transparency in public filings and unusual capital structure is raising concerns about hidden pressure points.

For stakeholders—including suppliers, labor advocates, and even credit insurers—the numbers in this latest VBI report are a wake-up call. Vanguard Business Information LLC (VBI) offers deep-dive assessments of companies like POU CHEN VIETNAM ENTERPRISE LTD, revealing what’s behind the glossy façade of Vietnam’s largest FDI manufacturers. When a company that powers global fashion sees revenue and profit fall while equity mysteriously rises—it’s time to look beneath the surface.

Legal Profile

English Name:

POU CHEN VIETNAM ENTERPRISE LTD

Vietnamese Name:

CÔNG TY TNHH POU CHEN VIỆT NAM.

Business ID (TIN):

3600265571

Date of Registration:

19 Aug 2008

Registered Office:

Dong Nai Province Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

HUANG C.C

Address:

Nguyen Ai Quoc Street, An Hoa Quarter, Hoa An Ward, Bien Hoa City, Dong Nai Province, Vietnam

Phone:

84-251 / 3954 218 - 3955 212 - 3955 883

Fax:

(84-251) 3954 224

Business Sector

Key business lines:

VSIC:

1520 Manufacture of footwear

NACE:

15.20 Manufacture of footwear

NAICS:

31620 Footwear Manufacturing

Industry Sales Growth

CAGR (2019 - 2023)

-1.82%

YoY (2023)

-10.80%

Companies by industry

Company distribution and propportions

3,430

0.1180%

Key Industry Players

Top 10 companies in manufacture of footwear industry

pou sung vietnam co., ltd. pouyuen vietnam company limited vinh long footwear co.,ltd hwaseung vina co., ltd thaibinh group chang shin vietnam company ltd. pou chen vietnam enterprise ltd tkg taekwang vina joint stock company vietnam dona orient co., ltd vietnam dona standard footwear co., ltd

Payment History

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Financial Performance

Assets	54.64%
Owner’s Equity	22.48%
Working Capital	-1.65%
Net Worth	-73.82%
Sales	-12.47%
Operating income	-37.48%
EBIT	-79.89%
Gross Profit Margin	-1.51%
Debt to EBITDA	-8.82%

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Management and Directors

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Negative Payment Records

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Litigation Records; Negative News

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Opinion from Analysts

Specific Questions About POU CHEN VIETNAM ENTERPRISE LTD

When did POU CHEN VIETNAM ENTERPRISE LTD start operating?

POU CHEN VIETNAM ENTERPRISE LTD was started in 19 Aug 2008

What industry does POU CHEN VIETNAM ENTERPRISE LTD operate in?

POU CHEN VIETNAM ENTERPRISE LTD is operating in "Manufacture of footwear" industry

How can I contact POU CHEN VIETNAM ENTERPRISE LTD?

POU CHEN VIETNAM ENTERPRISE LTD phone numbers is 84-251 / 3954 218 - 3955 212 - 3955 883

What adverse news is there about POU CHEN VIETNAM ENTERPRISE LTD?

POU CHEN VIETNAM ENTERPRISE LTD’s has 9 bad news

What is stock symbol of POU CHEN VIETNAM ENTERPRISE LTD?

POU CHEN VIETNAM ENTERPRISE LTD is not listed company

Where is the location of POU CHEN VIETNAM ENTERPRISE LTD?

POU CHEN VIETNAM ENTERPRISE LTD is located at Nguyen Ai Quoc Street, An Hoa Quarter, Hoa An Ward, Bien Hoa City, Dong Nai Province, Vietnam

What is POU CHEN VIETNAM ENTERPRISE LTD’s business registration?

POU CHEN VIETNAM ENTERPRISE LTD business registration is 3600265571

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