SAI GON CO.OP HA NOI ONE MEMBER COMPANY LIMITED (CÔNG TY TNHH MỘT THÀNH VIÊN SÀI GÒN CO.OP HÀ NỘI) is an established player in Vietnam’s retail sector, specializing in non-specialized store sales. Founded in 2009, the company operates as a limited liability entity and is headquartered in Ha Dong District, Ha Noi City. As a subsidiary of the larger Saigon Co.op network, the company benefits from strong brand recognition, but its financial standing presents both opportunities and challenges for investors and business partners.

The company has been actively engaged in the Vietnamese retail market for over 15 years, serving as a key distribution channel for various consumer goods. It is privately held, with major shareholders including Saigon Union of Trading Co-operatives (51%) and Saigon Co.op Investment Development Joint Stock Company (49%). The company's leadership consists of Chairwoman Ms. Nguyen Thi Thu Thuy and Director Mr. Nguyen Tien Dung, both of whom bring experience in managing retail operations. Despite its strategic positioning, recent financial reports indicate notable declines in key performance metrics, making it essential to analyze the company’s financial health before engaging in any business dealings.

According to a comprehensive financial analysis provided by Vanguard Business Information LLC (VBI), a leading provider of business intelligence and financial risk assessment, SAI GON CO.OP HA NOI has experienced a significant downturn. In 2023, total assets stood at $2.16 million, marking an 18.59% decrease from the previous year. Sales revenue also declined by 7.08% to $16.11 million, indicating challenges in maintaining market competitiveness. More concerning is the company’s negative owner's equity of -$4.35 million, reflecting a worsening financial position. Its working capital deficit of -$4.55 million suggests liquidity challenges, which may affect its ability to meet short-term obligations. Additionally, net profits fell to -$953,119 in 2023, a 24.37% decline compared to the previous year.

These figures indicate that SAI GON CO.OP HA NOI is facing financial instability, with increasing losses and declining sales. One of the key concerns for investors and creditors is the company’s negative equity, which suggests that liabilities far exceed assets. This situation places the company in a high-risk category for lenders and suppliers. However, its affiliation with Saigon Co.op, one of Vietnam’s largest retail chains, could offer some level of financial support and operational stability. The challenge remains whether the company can leverage its parent organization’s resources to navigate through its financial difficulties.

Despite the financial setbacks, there are opportunities for recovery and growth. The rise of e-commerce and digital retailing in Vietnam presents a potential avenue for expansion. By integrating online sales strategies and optimizing its supply chain, the company could enhance revenue streams while reducing operational costs. Additionally, strategic partnerships with logistics providers and local suppliers could help streamline distribution and improve efficiency. However, to regain financial stability, SAI GON CO.OP HA NOI must implement stringent cost-cutting measures and explore capital infusion options.

For businesses, investors, and financial institutions looking to assess SAI GON CO.OP HA NOI’s risk profile, Vanguard Business Information LLC (VBI) offers comprehensive business intelligence reports. VBI specializes in financial analysis, due diligence, and market risk assessments, providing accurate and reliable data to aid in strategic decision-making. As Vietnam’s leading provider of business intelligence services, VBI ensures transparency and accountability in the corporate sector. For a deeper insight into the financial health of Vietnamese businesses, visit VBI’s website.

SAI GON CO.OP HA NOI ONE MEMBER COMPANY LIMITED is at a critical juncture. While it remains active in the retail market, its financial indicators suggest a need for strategic restructuring. The company must adapt to the evolving retail landscape, enhance its revenue generation capabilities, and address its liquidity concerns. With a strong brand presence and potential for digital transformation, it still has avenues for recovery. However, until financial stability is restored, stakeholders must carefully assess the risks before entering into partnerships or financial agreements with the company. Vanguard Business Information LLC remains the trusted source for accurate business analysis and risk assessment, ensuring that investors and businesses make well-informed decisions in the dynamic Vietnamese market.