SAMSUNG VINA ELECTRONICS CO., LTD (CÔNG TY TNHH ĐIỆN TỬ SAMSUNG VINA) is a wholly foreign-owned subsidiary of South Korea’s global electronics giant Samsung Electronics Co., Ltd, operating in Vietnam as a one-member limited liability company. The firm is legally registered under Tax Code: 0300741922 with its headquarters at 25th Floor, Bitexco Financial Tower, No. 2 Hai Trieu Street, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam.
With more than 17 years of operation, SAMSUNG VINA ELECTRONICS CO., LTD. plays a key role in Samsung’s regional distribution network for electronic devices, including mobile phones, tablets, air conditioners, and display products. It also offers warranty and after-sales repair services. The company maintains a lean structure with around 700 employees and operates branches in both Hanoi and Da Nang.
From a financial risk management perspective, the company is showing signs of contraction across all core indicators. In 2023, total assets dropped by 14.84% to USD 77.47 million, while total sales fell 17.89% to USD 162.54 million. The most concerning trend is the 22.44% decline in net profit, closing the year at USD 13.62 million. The shrinking bottom line reflects intensified market competition, possible pricing pressure, or rising operational costs.
Equity also contracted to USD 59.16 million, down 13.63% year-on-year, though working capital remained solid at USD 56.93 million, indicating sufficient liquidity to cover short-term obligations. The business maintains positive net worth and is led by Mr. Lee C. L., who serves as both Chairman and General Director.
Given the triple-digit ownership by Samsung Electronics Korea and a strong market brand, SAMSUNG VINA ELECTRONICS CO., LTD remains financially stable but faces margin pressure and asset contraction. For deeper evaluation of such large-scale FDI operations and their financial resilience, especially in tech and electronics, institutional clients and corporate partners can rely on Vanguard Business Information LLC—a premier provider of corporate diagnostics, risk insights, and credit intelligence across Vietnam’s FDI ecosystem.
-0.54%
2.24%
940
0.0324%
Assets | -70.34% |
Owner’s Equity | 65.57% |
Working Capital | -59.87% |
Net Worth | -8.24% |
Sales | 24.06% |
Operating income | 30.07% |
EBIT | -37.95% |
Gross Profit Margin | 98.43% |
Debt to EBITDA | -39.83% |
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