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SAMSUNG ELECTRO-MECHANICS VIETNAM CO.,LTD

Active

Business ID 4601141771

84-208 / 3765 403

SAMSUNG ELECTRO-MECHANICS VIETNAM CO.,LTD

Active

Business ID 4601141771

84-208 / 3765 403

SAMSUNG ELECTRO-MECHANICS VIETNAM CO.,LTD

Active

Summary

Name:

SAMSUNG ELECTRO-MECHANICS VIETNAM CO.,LTD

Business ID (TIN):

4601141771

Date of Registration:

19 Sep 2013

Registered Office:

Thai Nguyen Province Department of Finance

Address:

Yen Binh Industrial Park, Thai Nguyen Province, Vietnam

Phone:

84-208 / 3765 403

Financial Statement:

2020, 2021, 2022, 2023, 2024

SAMSUNG ELECTRO-MECHANICS VIETNAM CO., LTD (CÔNG TY TNHH SAMSUNG ELECTRO-MECHANICS VIỆT NAM) is a foreign direct investment (FDI) company specializing in the manufacture of electronic components and circuit boards. Established on September 19, 2013, the company is registered with the Thai Nguyen Province Department of Planning and Investment. It operates as a one-member limited liability company, fully owned by Samsung Electro-Mechanics Co., Ltd. (South Korea). The company's tax identification number (TIN) is 4601141771.

Operations and Business Activities

SAMSUNG ELECTRO-MECHANICS VIETNAM operates in Yen Binh Industrial Park, Pho Yen City, Thai Nguyen Province, Vietnam, and employs approximately 6,500 workers. The company is involved in producing and assembling high-density electronic circuit boards (FPCB, mainboards, FCBGA) and electronic components such as camera modules, actuators, sensors, and linear motors for mobile and telecommunications devices.

As a key player in Samsung’s global supply chain, the Vietnamese subsidiary serves Samsung Electronics and other major tech firms. It focuses on advanced semiconductor packaging technology and next-generation electronic components, making it an important part of Vietnam’s high-tech manufacturing sector.

Financial Performance

SAMSUNG ELECTRO-MECHANICS VIETNAM had a strong financial year in 2023, recording:

Total assets of USD 1.88 billion (+36.25% YoY)
Total sales of USD 1.6 billion (+9.03% YoY)
Net profit of USD 81.4 million (+151.49% YoY)
Equity of USD 598.9 million (+19.29% YoY)

Despite previous declines in sales and profitability in 2022, the 2023 financial rebound indicates successful cost management and increased production efficiency. However, one concerning factor is the negative working capital of USD -21.26 million, which suggests potential liquidity risks despite strong profitability.

Strengths and Achievements

Key supplier in Samsung’s supply chain – The company produces critical components for Samsung devices, ensuring steady demand.
Strong financial recovery – Profit surged by 151.49% in 2023, indicating better operational efficiency and cost control.
Advanced technology and automation – The company is adopting AI-driven manufacturing and semiconductor innovations, enhancing Vietnam’s role in high-tech electronics.
Job creation – With 6,500 employees, the company significantly contributes to employment and skill development in Vietnam’s electronics sector.

Challenges and Weaknesses

Negative working capital – The company’s USD -21.26 million working capital indicates potential cash flow problems, raising concerns about short-term financial stability.
Profit volatility – While 2023 showed strong profitability, previous years saw sharp declines, suggesting susceptibility to global supply chain disruptions.
Dependence on Samsung Electronics – The company relies heavily on Samsung as its primary customer, making it vulnerable to shifts in Samsung’s global strategy.
High operational costs – As part of Samsung’s high-tech production, increasing labor costs in Vietnam may pressure profit margins.

Role of Business Verification Services

While SAMSUNG ELECTRO-MECHANICS VIETNAM focuses on high-tech manufacturing, firms like VANGUARD BUSINESS INFORMATION LLC (VBI) offer business verification services to help investors assess private financial data, risk analysis, and compliance issues. Businesses looking to partner or trade with Samsung Electro-Mechanics Vietnam can rely on VBI for risk management solutions, ensuring transparency in financial dealings.

Future Outlook

SAMSUNG ELECTRO-MECHANICS VIETNAM is expected to expand its production capacity, particularly in AI-powered semiconductor components and 5G technologies. However, cash flow management and reducing operational dependency on Samsung Electronics will be critical for long-term sustainability. The company must adapt to increasing competition in Vietnam’s electronics sector while maintaining its innovation-driven growth strategy.

Conclusion

SAMSUNG ELECTRO-MECHANICS VIETNAM is a leading manufacturer of electronic components, contributing to Vietnam’s growing role in global high-tech manufacturing. Despite impressive financial growth in 2023, cash flow risks, dependency on Samsung, and volatile profit trends pose long-term challenges. Strategic diversification and risk management will be key for maintaining sustainable growth in the Vietnamese market.

Legal Profile

English Name:

SAMSUNG ELECTRO-MECHANICS VIETNAM CO.,LTD

Vietnamese Name:

CÔNG TY TNHH SAMSUNG ELECTRO-MECHANICS VIỆT NAM

Short Name:

SEMV

Business ID (TIN):

4601141771

Date of Registration:

19 Sep 2013

Registered Office:

Thai Nguyen Province Department of Finance

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ PARK J.B

Address:

Yen Binh Industrial Park, Thai Nguyen Province, Vietnam

Phone:

84-208 / 3765 403

Business Sector

Key business lines:

VSIC:

2610 Manufacture of electronic components and boards

NACE:

26.1 Manufacture of electronic components and boards

Industry Sales Growth

CAGR (2019 - 2023)

4.75%

YoY (2023)

3.18%

Companies by industry

Company distribution and propportions

3,355

0.1154%

Key Industry Players

Top 10 companies in manufacture of electronic components and boards industry

jabil vietnam company limited canon vietnam company limited fuhong precision component(bac giang) company limited intel products vietnam co., ltd samsung electro-mechanics vietnam co.,ltd samsung display vietnam co., ltd. new wing interconnect technology (bac giang) co.,ltd bhflex vina company limited lg innotek vietnam haiphong company limited luxshare - ict (van trung) company limited

Payment History

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Financial Performance

Assets	77.31%
Owner’s Equity	19.20%
Working Capital	-24.43%
Net Worth	5.28%
Sales	-29.34%
Operating income	87.96%
EBIT	-90.91%
Gross Profit Margin	-94.80%
Debt to EBITDA	96.67%

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Specific Questions About SAMSUNG ELECTRO-MECHANICS VIETNAM CO.,LTD

When did SAMSUNG ELECTRO-MECHANICS VIETNAM CO.,LTD start operating?

SAMSUNG ELECTRO-MECHANICS VIETNAM CO.,LTD was started in 19 Sep 2013

What industry does SAMSUNG ELECTRO-MECHANICS VIETNAM CO.,LTD operate in?

SAMSUNG ELECTRO-MECHANICS VIETNAM CO.,LTD is operating in "Manufacture of electronic components and boards" industry

How can I contact SAMSUNG ELECTRO-MECHANICS VIETNAM CO.,LTD?

SAMSUNG ELECTRO-MECHANICS VIETNAM CO.,LTD phone numbers is 84-208 / 3765 403

What adverse news is there about SAMSUNG ELECTRO-MECHANICS VIETNAM CO.,LTD?

SAMSUNG ELECTRO-MECHANICS VIETNAM CO.,LTD’s has no negative news

What is stock symbol of SAMSUNG ELECTRO-MECHANICS VIETNAM CO.,LTD?

SAMSUNG ELECTRO-MECHANICS VIETNAM CO.,LTD is not listed company

Where is the location of SAMSUNG ELECTRO-MECHANICS VIETNAM CO.,LTD?

SAMSUNG ELECTRO-MECHANICS VIETNAM CO.,LTD is located at Yen Binh Industrial Park, Thai Nguyen Province, Vietnam

What is SAMSUNG ELECTRO-MECHANICS VIETNAM CO.,LTD’s business registration?

SAMSUNG ELECTRO-MECHANICS VIETNAM CO.,LTD business registration is 4601141771

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