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SUN HUA SEALING CO.,LTD

Active

Business ID 2500236254

84-211 / 3721 961

SUN HUA SEALING CO.,LTD

Active

Business ID 2500236254

84-211 / 3721 961

SUN HUA SEALING CO.,LTD

Active

Summary

Name:

SUN HUA SEALING CO.,LTD

Business ID (TIN):

2500236254

Date of Registration:

15 Oct 2007

Registered Office:

Vinh Phuc Province Department of Planning and Investment

Address:

Khai Quang Industrial Park, Khai Quang Ward, Vinh Yen City, Vinh Phuc Province, Vietnam

Phone:

84-211 / 3721 961

Financial Statement:

2020, 2021, 2022, 2023, 2024

SUN HUA SEALING CO., LTD (CÔNG TY HỮU HẠN CÔNG NGHIỆP SUN HUA) is a foreign-invested enterprise (FDI) specializing in the manufacturing of rubber and plastic components for the automotive and motorcycle industries. Established in 2007, the company has over 17 years of experience and is located in Khai Quang Industrial Park, Vinh Yen City, Vinh Phuc Province, Vietnam. It is 100% owned by ZENNITH TRADE CO., LTD, a company based in Mauritius.

Business Registration Details

Business Registration Number: 2500236254
Industry: Manufacturing of rubber and plastic products
Ownership: Foreign Direct Investment (FDI), fully owned by ZENNITH TRADE CO., LTD
General Director: Yu, Chia Shun
Charter Capital: USD 10.7 million
Employees: 600
Contact: (84-211) 3721 961

Financial Performance and Market Trends

According to VANGUARD BUSINESS INFORMATION LLC (VBI), a leading provider of business intelligence and financial analysis, SUN HUA SEALING CO., LTD faced declining revenue and assets in 2023, but managed to recover significantly in terms of profitability.

Total assets decreased by 11.93%, falling to USD 16.74 million in 2023, compared to USD 19.01 million in 2022.
Revenue dropped sharply by 22.47%, declining from USD 20.75 million in 2022 to USD 16.09 million in 2023.
Despite the decline in revenue, profit surged by 688.3%, reaching USD 523,017 in 2023, a remarkable recovery from USD 66,347 in 2022.
Equity increased by 4.15%, demonstrating improved financial stability.

The sharp drop in sales indicates a challenging market environment, possibly due to reduced demand in the automotive sector or supply chain disruptions. However, the significant increase in profitability suggests better cost management and improved efficiency in production and operations.

Core Business Operations

SUN HUA SEALING CO., LTD is a leading supplier of rubber and plastic components, specializing in:

O-rings, oil seals, washers, and pads for automobiles and motorcycles.
Production of structural metal components and machining of fabricated parts.
Plastic and synthetic rubber manufacturing for industrial applications.
Casting of non-ferrous metals and metal treatment services.

The company serves major automotive and motorcycle manufacturers, ensuring high-precision sealing solutions for engine components and machinery parts.

Challenges and Market Position

While SUN HUA SEALING CO., LTD experienced a decline in revenue and total assets, its strong profit recovery suggests better operational efficiency. The rubber and plastic manufacturing industry remains highly competitive, and the company must continue focusing on cost control and product innovation to sustain its market position.

VANGUARD BUSINESS INFORMATION LLC (VBI) reports that despite short-term challenges, the company maintains strong equity growth, positioning it for long-term stability in the rubber and plastic industry. However, it will need to address revenue declines and market demand fluctuations to remain competitive.

With its established industrial presence and international ownership, SUN HUA SEALING CO., LTD remains a significant manufacturer in Vietnam’s rubber and plastic components sector.

Legal Profile

English Name:

SUN HUA SEALING CO.,LTD

Vietnamese Name:

CÔNG TY HỮU HẠN CÔNG NGHIỆP SUN HUA

Business ID (TIN):

2500236254

Date of Registration:

15 Oct 2007

Registered Office:

Vinh Phuc Province Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ YU, C.S

+ VU T.T.X

Address:

Khai Quang Industrial Park, Khai Quang Ward, Vinh Yen City, Vinh Phuc Province, Vietnam

Phone:

84-211 / 3721 961

Business Sector

Key business lines:

VSIC:

2219 Manufacture of other rubber products

NACE:

22.19 Manufacture of other rubber products

Industry Sales Growth

CAGR (2019 - 2023)

7.33%

YoY (2023)

-6.58%

Companies by industry

Company distribution and propportions

538

0.0185%

Key Industry Players

Top 10 companies in manufacture of other rubber products industry

thong nhat rubber company limited dongil rubber belt viet nam co., ltd showa gloves (vietnam) co., ltd mai thao rubber industry joint stock company van loi kon tum joint stock company duc-viet co.,ltd mai vinh rubber trading services production one member company limited viet - y co.,ltd duc hien quang tri company limited vietnam extol composite company limited

Payment History

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Financial Performance

Assets	7.70%
Owner’s Equity	-99.37%
Working Capital	43.10%
Net Worth	73.21%
Sales	-7.02%
Operating income	-92.52%
EBIT	15.56%
Gross Profit Margin	-37.89%
Debt to EBITDA	-60.79%

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Specific Questions About SUN HUA SEALING CO.,LTD

When did SUN HUA SEALING CO.,LTD start operating?

SUN HUA SEALING CO.,LTD was started in 15 Oct 2007

What industry does SUN HUA SEALING CO.,LTD operate in?

SUN HUA SEALING CO.,LTD is operating in "Manufacture of other rubber products" industry

How can I contact SUN HUA SEALING CO.,LTD?

SUN HUA SEALING CO.,LTD phone numbers is 84-211 / 3721 961

What adverse news is there about SUN HUA SEALING CO.,LTD?

SUN HUA SEALING CO.,LTD’s has no negative news

What is stock symbol of SUN HUA SEALING CO.,LTD?

SUN HUA SEALING CO.,LTD is not listed company

Where is the location of SUN HUA SEALING CO.,LTD?

SUN HUA SEALING CO.,LTD is located at Khai Quang Industrial Park, Khai Quang Ward, Vinh Yen City, Vinh Phuc Province, Vietnam

What is SUN HUA SEALING CO.,LTD’s business registration?

SUN HUA SEALING CO.,LTD business registration is 2500236254

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