SUNHOUSE GROUP JOINT STOCK COMPANY
ActiveSUNHOUSE GROUP JOINT STOCK COMPANY
ActiveSUNHOUSE GROUP JOINT STOCK COMPANY
ActiveSummary
SUNHOUSE GROUP JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN TẬP ĐOÀN SUNHOUSE), tax code 0101976905, stands as one of Vietnam’s most prominent privately held manufacturing and trading conglomerates in the household products sector. With nearly two decades of development since its registration in 2006, the company is headquartered at Floors 6, 11, 12, 13, Richy Tower, No. 35, Mac Thai To Street, Yen Hoa Ward, Cau Giay District, Ha Noi City, and maintains a nationwide presence through industrial sites and branches in Da Nang and Ho Chi Minh City.
SUNHOUSE’s brand is closely tied to its founder and Chairman, Nguyen X. P., a well-known figure in Vietnam’s entrepreneurial landscape. Under his leadership, the company has rapidly diversified into household appliances, civil electrical products, kitchenware, and smart home equipment. The company is also managed operationally by Nguyen D. T., who serves as General Director. Their stewardship reflects a leadership model built on strategic domestic investment and brand-driven growth.
In 2024, SUNHOUSE GROUP JOINT STOCK COMPANY posted a significant financial performance leap. Total sales reached USD 167.33 million, up 12.5% from the previous year, marking a full recovery from the slight decline in 2023. Even more impressive was the 190.4% increase in net profit, rising to USD 10.58 million. This turnaround indicates improved cost controls, strong seasonal demand, or effective repositioning of key product lines. Total assets climbed to USD 123.85 million, while equity rose steadily to USD 71.18 million.
For analysts focused on Vietnam private financial data, SUNHOUSE offers one of the more transparent and mature financial models among privately held firms. Its working capital of USD 36.32 million and consistent year-over-year growth in net worth (USD 69.31 million in 2024) reflect prudent financial governance and moderate reinvestment from retained earnings.
The company is majority-owned (60.16%) by Sunhouse Global Investment Joint Stock Company, and the remaining shares are distributed among more than 80 individual Vietnamese shareholders, including Nguyen T. T. H., Nguyen M. T., and Ha V. G. This broad ownership base, while still closely held, supports internal stability while allowing room for stakeholder alignment in corporate decision-making.
SUNHOUSE's business registration extends far beyond household appliances. It includes energy trading, real estate brokerage, food services, management consulting, and arts and entertainment activities. While these sectors are registered, household goods remain the operational core, and the firm is best known for its SUNHOUSE-branded cookware, induction stoves, and kitchen sets.
From a business verification standpoint, the company maintains consistent compliance, large-scale employment (over 3,000 workers), and multi-location operations that position it as a leading Vietnamese business information provider in its own right—especially in the household sector.
In short, SUNHOUSE GROUP JOINT STOCK COMPANY has demonstrated resilience and renewed profitability after a challenging 2022–2023. With solid financials, recognized leadership, and a trusted brand, it is well-positioned to capitalize on rising domestic consumption and regional export demand in the years ahead.
Legal Profile
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+ NGUYEN X.P
+ NGUYEN D.T
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Industry Sales Growth
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3,873
0.1331%
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Financial Performance
| Assets | -31.55% |
| Owner’s Equity | 68.13% |
| Working Capital | 81.04% |
| Net Worth | -54.26% |
| Sales | -64.27% |
| Operating income | -36.58% |
| EBIT | 71.73% |
| Gross Profit Margin | 57.24% |
| Debt to EBITDA | 45.95% |