SSG INVESTMENT COMPANY LIMITED

SSG INVESTMENT COMPANY LIMITED (CÔNG TY TNHH ĐẦU TƯ SSG): A Fast-Growing Wholesale Firm with Modest Capital and Big Results

SSG INVESTMENT COMPANY LIMITED (CÔNG TY TNHH ĐẦU TƯ SSG), legally known as SSG INVESTMENT CO., LTD, is rapidly emerging as one of Vietnam’s most unexpectedly high-growth companies in the specialized wholesale sector. With a registered office at 224/26 Ly Thuong Kiet, Ward 14, District 10, Ho Chi Minh City, the company operates under Business ID and Tax Code 0315003928.

Founded on April 20, 2018, the company is relatively young—just over six years old. But what it lacks in age, SSG INVESTMENT COMPANY LIMITED more than makes up for in pace of growth. Its financial performance in 2023 speaks to a business experiencing a breakout year, albeit still operating on modest capital foundations.

Explosive Growth with Lean Structure

From 2022 to 2023, total assets jumped from USD 1.85 million to USD 8.66 million, representing a massive 369% increase. Likewise, sales nearly doubled to USD 56.27 million, while net profit grew modestly to USD 250,799. Though profit growth was only 2.74% year-over-year, it came off a sharp rise in previous years, suggesting the company may be transitioning from an explosive expansion phase into a phase of consolidation.

Crucially, SSG INVESTMENT COMPANY LIMITED grew its owner’s equity to USD 745,165, up 50.73% from 2022. It maintains positive net worth and working capital of nearly USD 700,000, which are healthy signs in a high-growth business model.

Limited Capital, Large Sales

What makes this company remarkable—and a subject of growing industry interest—is its low charter capital of just USD 53,408, with paid-up capital reported at USD 246,498. Achieving over USD 56 million in sales from a capital base that small is both unusual and impressive. It signals operational efficiency, strong vendor relationships, or possibly a high turnover, low-margin model that scales rapidly.

But this growth also brings questions: Is it sustainable? Will the company need further capitalization to manage operational risks as it scales?

Transparent Ownership and Leadership

Mr. Nguyen Duc An Son, who serves as Director, holds a 66% ownership stake, while Ms. Le Thi Thuy Ha owns the remaining 34%. Both are based in the same registered address, indicating a close-knit ownership structure, likely family-run or tightly held. This type of governance often allows for faster decision-making but may also limit strategic input from external investors.

Business Scope and Specialization

SSG INVESTMENT COMPANY LIMITED is focused solely on “other specialized wholesale n.e.c”, and it has not diversified into unrelated fields. This tight operational scope may have contributed to its ability to scale quickly, but it also means the business’s future depends heavily on market conditions in that single category.

Should You Trust This Rising Star?

Given its impressive financials but relatively lean capital and brief operating history, due diligence is essential. To confirm the legal standing and updated financials of SSG INVESTMENT COMPANY LIMITED, visit VANGUARD BUSINESS INFORMATION LLC’s Company Verification Service for verified and reliable business intelligence.

Final Take

SSG INVESTMENT COMPANY LIMITED is not just a statistic—it’s one of the rare cases in Vietnam where small capital has delivered big revenue. While the business appears healthy today, prospective partners and investors should keep a close eye on how it manages growing operational demands, capital reinvestment, and long-term sustainability.