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POU SUNG VIETNAM CO., LTD.

Active

Business ID 3600710751

84-251 / 3675 145 / 3676 201 / 3676 204 / 3675 544 / 3675 146

POU SUNG VIETNAM CO., LTD.

Active

Business ID 3600710751

84-251 / 3675 145 / 3676 201 / 3676 204 / 3675 544 / 3675 146

POU SUNG VIETNAM CO., LTD.

Active

Summary

Name:

POU SUNG VIETNAM CO., LTD.

Business ID (TIN):

3600710751

Date of Registration:

12 Jan 2005

Registered Office:

Dong Nai Province Department of Finance

Address:

Bau Xeo Industrial Park, An Vien Commune, Dong Nai Province, Vietnam

Phone:

84-251 / 3675 145 / 3676 201 / 3676 204 / 3675 544 / 3675 146

Fax:

(84-251) 3675 149/ 3676 207

Financial Statement:

2020, 2021, 2022, 2023, 2024

POU SUNG VIETNAM CO., LTD. (Business ID: 3600710751) is a long-established foreign direct investment (FDI) enterprise in Vietnam’s footwear manufacturing sector. Founded on January 12, 2005, and based in Bau Xeo Industrial Park, Dong Nai Province, the company primarily focuses on processing shoes for major global brands like Nike. It operates as a one-member limited liability company, fully owned by POU YUEN INDUSTRIAL (HOLDINGS) LIMITED from Hong Kong, China. With a workforce of around 18,000 employees, Pou Sung is undeniably a major employer and an important player in Vietnam’s export economy.

On the positive side, according to the latest Company Report compiled by Vanguard Business Information LLC (VBI), Pou Sung maintains a considerable scale of operations. Total assets reached USD 380.78 million by the end of 2023, showing a modest but positive growth of 2.77% from the previous year. The company's owner’s equity also increased by 6.88% to USD 132.22 million, indicating a degree of financial stability after previous setbacks. Furthermore, its net profit, though modest at USD 5.02 million, remains in positive territory, reflecting the company's ability to stay afloat in a challenging global environment. The workforce scale, brand association, and long-term presence in Vietnam are clear strengths of Pou Sung.

However, there are also notable weaknesses that cannot be ignored. Most strikingly, the company’s working capital is deeply negative at USD -85.56 million, signaling significant liquidity risks. Sales dropped sharply by 18.54% in 2023, and profit fell by more than half compared to 2022. This profit volatility, especially the dramatic -50.48% decrease in 2023, raises concerns about operational efficiency and financial resilience. Past fluctuations also show instability: while 2022 saw a strong recovery from a loss in 2021, the company could not maintain momentum into 2023. These financial signals suggest that Pou Sung, despite its scale, faces significant internal and market-driven challenges, a critical point that any serious Risk Management evaluation would highlight.

Overall, POU SUNG VIETNAM CO., LTD. is a company with a solid foundation and important industry linkages, but it is navigating through considerable financial turbulence. Stakeholders engaging with Pou Sung should balance its brand reputation and scale with the very real financial risks and operational uncertainties, and it is highly advisable to rely on updated Business Verification Services and Financial Data from trusted providers like Vanguard Business Information LLC (VBI) before making strategic decisions.

Legal Profile

English Name:

POU SUNG VIETNAM CO., LTD.

Vietnamese Name:

CÔNG TY TRÁCH NHIỆM HỮU HẠN POU SUNG VIỆT NAM

Business ID (TIN):

3600710751

Date of Registration:

12 Jan 2005

Registered Office:

Dong Nai Province Department of Finance

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

LEE Y.H

Address:

Bau Xeo Industrial Park, An Vien Commune, Dong Nai Province, Vietnam

Phone:

84-251 / 3675 145 / 3676 201 / 3676 204 / 3675 544 / 3675 146

Fax:

(84-251) 3675 149/ 3676 207

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	33.96%
Owner’s Equity	-13.94%
Working Capital	77.99%
Net Worth	50.87%
Sales	-11.78%
Operating income	2.24%
EBIT	56.89%
Gross Profit Margin	45.31%
Debt to EBITDA	47.71%

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Management and Directors

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Industry Information

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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 POU SUNG VIETNAM CO., LTD.

When did POU SUNG VIETNAM CO., LTD. start operating?

POU SUNG VIETNAM CO., LTD. was started in 12 Jan 2005

What industry does POU SUNG VIETNAM CO., LTD. operate in?

POU SUNG VIETNAM CO., LTD. is operating in "Manufacture of footwear" industry

How can I contact POU SUNG VIETNAM CO., LTD.?

POU SUNG VIETNAM CO., LTD. phone numbers is 84-251 / 3675 145 / 3676 201 / 3676 204 / 3675 544 / 3675 146

What adverse news is there about POU SUNG VIETNAM CO., LTD.?

POU SUNG VIETNAM CO., LTD.’s has 5 bad news

What is stock symbol of POU SUNG VIETNAM CO., LTD.?

POU SUNG VIETNAM CO., LTD. is not listed company

Where is the location of POU SUNG VIETNAM CO., LTD.?

POU SUNG VIETNAM CO., LTD. is located at Bau Xeo Industrial Park, An Vien Commune, Dong Nai Province, Vietnam

What is POU SUNG VIETNAM CO., LTD.’s business registration?

POU SUNG VIETNAM CO., LTD. business registration is 3600710751

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