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SEOJIN VIET NAM LIMITED COMPANY

Active

Business ID 2400859625

+84 348 316 966 / +84 963 600 988

SEOJIN VIET NAM LIMITED COMPANY

Active

Business ID 2400859625

+84 348 316 966 / +84 963 600 988

SEOJIN VIET NAM LIMITED COMPANY

Active

Summary

Name:

SEOJIN VIET NAM LIMITED COMPANY

Business ID (TIN):

2400859625

Date of Registration:

13 Mar 2019

Registered Office:

Bac Ninh Province Department of Finance

Address:

Lot B1, B2, B3, B6, B7, Song Khe - Noi Hoang Industrial Park (North), Bac Ninh Province, Vietnam

Phone:

+84 348 316 966 / +84 963 600 988

Financial Statement:

2020, 2021, 2022, 2023, 2024

SEOJIN VIET NAM LIMITED COMPANY (CÔNG TY TNHH SEOJIN VIỆT NAM) is a South Korean-invested manufacturer based in Bac Giang Province, Vietnam, operating under Business Registration Number 2400859625. Established in March 2019, this one-member limited liability company has grown rapidly in both size and industrial significance. It specializes in manufacturing and casting aluminum and other metal components used in electronics, telecommunications, and electrical devices, with key operations centered in multiple industrial parks across Bac Giang.

SEOJIN VIET NAM LIMITED COMPANY is wholly owned by SEOJIN SYSTEM CO., LTD of South Korea. Its current General Director, Mr. JUN DONGKYU, oversees a workforce of approximately 6,000 employees. The company holds a charter capital equivalent to over USD 101 million, with USD 91 million paid-up as of the end of 2023. Legal registration was approved by the Department of Planning and Investment of Bac Giang Province, where the company remains actively operational.

From a financial perspective, the company presents an interesting duality. While total assets surged to over USD 610 million in 2023—up 45.61% year-over-year—net profit fell significantly to USD 23.79 million, down 25% from the previous year. Likewise, although total sales rose to USD 281.5 million, growth in profitability has not kept pace with asset expansion or revenue gains. The company’s equity increased by 15.8% to USD 174.35 million, reflecting ongoing capital injection or retained earnings, but the downward trend in earnings suggests mounting cost pressures or margin erosion.

These financials highlight a company that is aggressively scaling but possibly at the expense of efficiency. Proportional profit returns do not currently match the impressive asset growth and industrial expansion. Such imbalances warrant close monitoring by any stakeholders involved. For example, the negative trend in profit over consecutive years—despite strong top-line performance—may impact future creditworthiness or investment appeal.

The range of business activities registered under SEOJIN VIET NAM LIMITED COMPANY is extensive. It includes casting of non-ferrous metals, machining, coating, manufacturing of electric motors and control apparatus, industrial machinery installation, and wholesale of metal ores. This diversified scope gives the company flexibility across supply chains but also adds complexity in operations.

For financial institutions, suppliers, or credit insurers interested in this enterprise, it is highly recommended to obtain a full Company Report, especially one supported by real-time Vietnam Financial Data and independent Business Verification Services. Given the volatility in profit and the scale of ongoing investments, a detailed analysis through Risk Management Services is prudent.

SEOJIN VIET NAM LIMITED COMPANY reflects the ambition and challenges of many fast-growing FDI manufacturers in Vietnam: expanding quickly, investing heavily, and navigating the balance between scale and sustainability.

Legal Profile

English Name:

SEOJIN VIET NAM LIMITED COMPANY

Vietnamese Name:

CÔNG TY TNHH SEOJIN VIỆT NAM

Short Name:

SEOJIN VIET NAM CO., LTD

Business ID (TIN):

2400859625

Date of Registration:

13 Mar 2019

Registered Office:

Bac Ninh Province Department of Finance

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

JUN D

Address:

Lot B1, B2, B3, B6, B7, Song Khe - Noi Hoang Industrial Park (North), Bac Ninh Province, Vietnam

Phone:

+84 348 316 966 / +84 963 600 988

Branch:

Lot L1, L2, L3, Noi Hoang Industrial Cluster, Bac Ninh Province, Vietnam

Branch:

Lot CN1, Tang Tien Industrial Cluster, Bac Ninh Province, Vietnam

Business Sector

Key business lines:

VSIC:

2599 Manufacture of other fabricated metal products n.e.c.

NACE:

25.91 Manufacture of other fabricated metal products

Industry Sales Growth

CAGR (2019 - 2023)

8.57%

YoY (2023)

-4.18%

Companies by industry

Company distribution and propportions

6,511

0.2240%

Key Industry Players

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

crown beverage cans saigon limited vision international co., ltd crown beverage cans (dong nai) limited dai dung metallic manufacture construction and trade corporation kim tin group corporation hyundai aluminum vina shareholding company shin-etsu magnetic materials vietnam co., ltd global vietnam aluminium company limited my viet trading and industries company limited seojin viet nam limited company

Payment History

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Financial Performance

Assets	59.90%
Owner’s Equity	8.36%
Working Capital	-70.53%
Net Worth	92.74%
Sales	-65.71%
Operating income	74.86%
EBIT	-3.00%
Gross Profit Margin	-96.69%
Debt to EBITDA	13.77%

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Negative Payment Records

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Opinion from Analysts

Specific Questions About SEOJIN VIET NAM LIMITED COMPANY

When did SEOJIN VIET NAM LIMITED COMPANY start operating?

SEOJIN VIET NAM LIMITED COMPANY was started in 13 Mar 2019

What industry does SEOJIN VIET NAM LIMITED COMPANY operate in?

SEOJIN VIET NAM LIMITED COMPANY is operating in "Manufacture of other fabricated metal products n.e.c." industry

How can I contact SEOJIN VIET NAM LIMITED COMPANY?

SEOJIN VIET NAM LIMITED COMPANY phone numbers is +84 348 316 966 / +84 963 600 988

What adverse news is there about SEOJIN VIET NAM LIMITED COMPANY?

SEOJIN VIET NAM LIMITED COMPANY’s has 68 bad news

What is stock symbol of SEOJIN VIET NAM LIMITED COMPANY?

SEOJIN VIET NAM LIMITED COMPANY is not listed company

Where is the location of SEOJIN VIET NAM LIMITED COMPANY?

SEOJIN VIET NAM LIMITED COMPANY is located at Lot B1, B2, B3, B6, B7, Song Khe - Noi Hoang Industrial Park (North), Bac Ninh Province, Vietnam

What is SEOJIN VIET NAM LIMITED COMPANY’s business registration?

SEOJIN VIET NAM LIMITED COMPANY business registration is 2400859625

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