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SAMSUNG CHEMICAL TECHNOLOGY VINA LLC

Active

Business ID 3600892935

84-28 / 3823 9062 - 3823 9063 - 3823 9064

SAMSUNG CHEMICAL TECHNOLOGY VINA LLC

Active

Business ID 3600892935

84-28 / 3823 9062 - 3823 9063 - 3823 9064

SAMSUNG CHEMICAL TECHNOLOGY VINA LLC

Active

Summary

Name:

SAMSUNG CHEMICAL TECHNOLOGY VINA LLC

Business ID (TIN):

3600892935

Date of Registration:

28 May 2007

Registered Office:

Ho Chi Minh City Department of Planning and Investment

Address:

L7 Floor, Vincom Center, No. 72, Le Thanh Ton Street, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3823 9062 - 3823 9063 - 3823 9064

Financial Statement:

2020, 2021, 2022, 2023, 2024

SAMSUNG CHEMICAL TECHNOLOGY VINA LLC (CÔNG TY TNHH HÓA CHẤT CÔNG NGHỆ SAMSUNG VIỆT NAM): Big Brand, Shrinking Profits

If a company bearing the name “Samsung” gives you the impression of dominance and bottomless profit, think again—at least in the case of SAMSUNG CHEMICAL TECHNOLOGY VINA LLC (CÔNG TY TNHH HÓA CHẤT CÔNG NGHỆ SAMSUNG VIỆT NAM). While this foreign-invested firm still moves millions in revenue and holds the backing of the Samsung empire, its financial trajectory tells a story of eroding margins and fading commercial firepower.

With its headquarters on the 7th floor of Vincom Center in downtown Ho Chi Minh City, and a business ID of 3600892935, this company has operated in Vietnam since May 28, 2007. It’s jointly owned by SAMSUNG C&T CORPORATION (South Korea, 51.67%) and SAMSUNG C&T SINGAPORE PTE. LTD. (48.33%), making it a full-fledged FDI venture. Its General Director, Mr. Park S. B., oversees a modest team of 30 employees, specializing in the trading of chemicals and plastic grains, with licenses extending into consulting, leasing, machinery repair, and warehousing.

The company posted USD 148.98 million in sales in 2023, a notable figure by any measure, yet this reflects a 22.81% drop from 2022, continuing a worrisome trend. Back in 2021, revenue was over USD 220 million, meaning sales have plunged nearly 32% in just two years. Profitability is bleeding even faster: net profit fell from USD 5.87 million in 2021to just USD 1.78 million in 2023, marking a 70% collapse in three years, with a sharp -36.66% drop in the last fiscal year alone.

Assets slightly recovered in 2023, rising 16.22% to USD 58.03 million after a major contraction the previous year. Owner’s equity continued to climb gently—now at USD 23.66 million—but this positive momentum doesn’t reflect the reality of shrinking returns. The firm’s working capital stands at USD 23.15 million, offering some short-term cushion, but the steady loss of profitability raises red flags for any credit risk manager or business analyst concerned with sustainability.

While the company’s paid-in capital is just over USD 2.5 million, the scale of its operations and its affiliation with Samsung have long given it market weight. Yet those affiliations can no longer shield its financials from scrutiny. This is not the powerhouse one might expect. It is, in fact, a mid-sized, declining-margin trader in a highly competitive space.

SAMSUNG CHEMICAL TECHNOLOGY VINA LLC should no longer be judged by its name for stakeholders conducting business verification or reviewing Vietnam private financial data. It remains solvent, active, and institutionally backed but undeniably in retreat. Unless the company finds a way to stop the slide in sales and restore operational efficiency, it risks becoming another cautionary tale of foreign giants losing grip in local markets.

Legal Profile

English Name:

SAMSUNG CHEMICAL TECHNOLOGY VINA LLC

Vietnamese Name:

CÔNG TY TRÁCH NHIỆM HỮU HẠN HÓA CHẤT CÔNG NGHỆ SAMSUNG VIỆT NAM

Short Name:

CTY TNHH HC CN SAMSUNG VN

Business ID (TIN):

3600892935

Date of Registration:

28 May 2007

Registered Office:

Ho Chi Minh City Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ PARK S.B

+ NGUYEN T.N.T

Address:

L7 Floor, Vincom Center, No. 72, Le Thanh Ton Street, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3823 9062 - 3823 9063 - 3823 9064

Business Sector

Key business lines:

VSIC:

2029 Manufacture of other chemical products n.e.c

NACE:

20.51 Manufacture of other chemical products

Industry Sales Growth

CAGR (2019 - 2023)

8.61%

YoY (2023)

4.63%

Companies by industry

Company distribution and propportions

1,428

0.0491%

Key Industry Players

Top 10 companies in manufacture of other chemical products n.e.c industry

vinacomin - mining chemical industry holding corporation limited nan pao resins (viet nam) enterprise ltd henkel adhesive technologies vietnam co., ltd vietnam lubricants and chemicals joint stock company petrovietnam chemical and services corporation top solvent (vietnam) limited liability company micco - vietbac mining chemical industry company limited 15 electro mechanic and chemicals one member limited liability company nan pao materials viet nam co., ltd hyosung vina chemicals co., ltd

Payment History

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Financial Performance

Assets	70.36%
Owner’s Equity	39.08%
Working Capital	-13.86%
Net Worth	-99.58%
Sales	32.85%
Operating income	-5.78%
EBIT	-6.67%
Gross Profit Margin	-41.96%
Debt to EBITDA	-62.50%

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Specific Questions About SAMSUNG CHEMICAL TECHNOLOGY VINA LLC

When did SAMSUNG CHEMICAL TECHNOLOGY VINA LLC start operating?

SAMSUNG CHEMICAL TECHNOLOGY VINA LLC was started in 28 May 2007

What industry does SAMSUNG CHEMICAL TECHNOLOGY VINA LLC operate in?

SAMSUNG CHEMICAL TECHNOLOGY VINA LLC is operating in "Manufacture of other chemical products n.e.c" industry

How can I contact SAMSUNG CHEMICAL TECHNOLOGY VINA LLC?

SAMSUNG CHEMICAL TECHNOLOGY VINA LLC phone numbers is 84-28 / 3823 9062 - 3823 9063 - 3823 9064

What adverse news is there about SAMSUNG CHEMICAL TECHNOLOGY VINA LLC?

SAMSUNG CHEMICAL TECHNOLOGY VINA LLC’s has no negative news

What is stock symbol of SAMSUNG CHEMICAL TECHNOLOGY VINA LLC?

SAMSUNG CHEMICAL TECHNOLOGY VINA LLC is not listed company

Where is the location of SAMSUNG CHEMICAL TECHNOLOGY VINA LLC?

SAMSUNG CHEMICAL TECHNOLOGY VINA LLC is located at L7 Floor, Vincom Center, No. 72, Le Thanh Ton Street, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam

What is SAMSUNG CHEMICAL TECHNOLOGY VINA LLC’s business registration?

SAMSUNG CHEMICAL TECHNOLOGY VINA LLC business registration is 3600892935

SAMSUNG CHEMICAL TECHNOLOGY VINA LLC