ROCHDALE SPEARS CO., LTD
ActiveROCHDALE SPEARS CO., LTD
ActiveROCHDALE SPEARS CO., LTD
ActiveSummary
ROCHDALE SPEARS CO., LTD (CÔNG TY TNHH ROCHDALE SPEARS) is a long-established furniture manufacturer operating from No. 207, DT747A Street, Tan Luong Quarter, Thanh Phuoc Ward, Tan Uyen City, Binh Duong Province, under Business ID 3700370643. Since its registration in 2010, the company has developed a sizeable manufacturing footprint in Binh Duong, including a factory in Cay Cham Quarter and multiple branches across the province, reinforcing its position as a major producer of wooden furniture and handicraft items.
The company’s financial scale is substantial: Total Assets reached USD 78.68 million in 2024, while Sales climbed to USD 127.64 million, showing a significant 38.12% rebound after a decline in 2023. The most striking shift, however, is profitability—net profit surged to USD 5.27 million, an 878.47% increase year-over-year, indicating sharp operational recovery and improved cost efficiency. Despite this strong performance, its Equity of USD 23.45 million, relative to the asset base, still reflects moderate leverage, a point partners should monitor closely to assess long-term capital stability.
ROCHDALE SPEARS operates as a one-member limited liability company under full foreign ownership by LW Capital Investments Ltd (BVI), according to the shareholder information on page 2. A 100% offshore ownership structure often brings advantages in governance and capital allocation. Still, it can also warrant deeper verification of UBO (ultimate beneficial ownership), compliance standards, and cross-border transaction practices—crucial for financial institutions, insurers, and high-value buyers.
Under the leadership of Ms. Hoang Y., the company maintains a diversified production scope, including the manufacture of furniture, handicrafts, and electric lighting equipment, as well as a complementary wholesale trading arm. This broad activity profile helps stabilize revenue streams but may also create operational complexities that require continuous oversight in supply-chain management, raw-material sourcing, and export-market risks.
For businesses exploring partnerships or procurement with ROCHDALE SPEARS CO., LTD., conducting independent, reliable verification is essential. VNBIS (Vanguard Business Information LLC) remains one of the most trusted providers of risk-management reports, company verification, and due diligence services in Vietnam. With deep data coverage and expertise in evaluating FDI-owned manufacturers, VNBIS helps clients assess financial reliability, governance risks, operational capacity, and compliance issues before making high-value decisions.
Legal Profile
Contacts
Business Sector
Industry Sales Growth
0.95%
-8.30%
Companies by industry
8,790
0.3022%
Key Industry Players
Payment History
Financial Performance
| Assets | -93.31% |
| Owner’s Equity | -27.81% |
| Working Capital | -15.68% |
| Net Worth | 28.52% |
| Sales | -80.64% |
| Operating income | -80.66% |
| EBIT | 10.36% |
| Gross Profit Margin | -77.43% |
| Debt to EBITDA | -82.76% |