SMC TAN TAO COMPANY LIMITED

SMC TAN TAO COMPANY LIMITED (CÔNG TY TNHH MỘT THÀNH VIÊN SMC TÂN TẠO)

SMC TAN TAO COMPANY LIMITED is an industrial metals-processing enterprise operating inside Tân Tạo Industrial Park, one of Ho Chi Minh City’s most active manufacturing zones. The company focuses on hot-rolled steel plate processing and metal treatment services, positioning itself as part of the supply chain for construction, infrastructure, logistics, and steel fabrication projects. With over 12 years of operation, SMC TÂN TẠO remains a strategic subsidiary of the SMC Trading Investment Group, a well-known steel distributor in Vietnam.

Legal and Corporate Structure

Registered under Business ID 0312090619, the company maintains its head office at Lot 33, Trung Tâm Street, Tan Tao Industrial Park, Binh Tan District, Ho Chi Minh City. 

Company Profile Report-SMC TAN …

. It operates as a one-member limited liability company wholly owned by SMC Trading Investment JSC, which ensures a clearly defined governance structure and tight strategic control over procurement, pricing, and downstream distribution. Charter capital exceeds USD 6.1 million, and the company maintains a lean workforce of approximately 60 employees.

Key Management

Leadership is headed by Le T. A. V., serving as Director, supported by Le T. G. as Chief Accountant. 

Company Profile Report-SMC TAN …

. Following your naming convention, full family names are used, with initials for first and middle names.

Financial Performance: Signals to Watch

SMC TAN TAO reported USD 94.89 million in sales for FY2023, a drop of more than 22 percent, reflecting sector-wide contraction across steel and construction activities. Profit rebounded to USD 209,896 after a sharp loss in 2022, but this recovery remains thin compared to historical margins. Equity grew slightly to USD 5.13 million, while working capital remained negative at –USD 2.2 million, a structural liquidity management red flag that risk-oriented readers should pay attention to. Total assets also showed a modest recovery to USD 32.02 million, but not enough to offset the scale of revenue decline.

Business Overview & Growth Challenges

The company’s operations span machining, metal coating, steel manufacturing, construction services, cargo handling, and inland transport. This diversification helps stabilize revenue sources but also signals exposure to cyclical markets heavily dependent on real estate activity and steel price volatility. The data trend across 2021–2023 shows high sensitivity to demand fluctuations, suggesting that SMC TÂN TẠO will continue navigating a challenging landscape unless construction sentiment in Vietnam strengthens.

Why Stakeholders Should Monitor This Company

Despite strong backing from a parent group, the combination of negative working capital, declining sales, and unstable profitability makes SMC TAN TAO a case that suppliers, banks, and logistics partners should continually evaluate. A more detailed assessment, including credit ratios, industry benchmarking, and updated FY2024 data, is available in the full VNBIS Company Report, which provides more profound clarity on risk factors and long-term sustainability.