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TAEYANG VINA CO., LTD

Active

Business ID 0900182899

84-221 / 3980 292

TAEYANG VINA CO., LTD

Active

Business ID 0900182899

84-221 / 3980 292

TAEYANG VINA CO., LTD

Active

Summary

Name:

TAEYANG VINA CO., LTD

Business ID (TIN):

0900182899

Date of Registration:

21 Dec 2006

Registered Office:

Hung Yen Province Department of Planning and Investment

Address:

Road 206, Pho Noi A Industrial Park, Trung Trac Commune, Van Lam District, Hung Yen Province, Vietnam

Phone:

84-221 / 3980 292

Financial Statement:

2020, 2021, 2022, 2023, 2024

TAEYANG VINA CO., LTD (CÔNG TY TNHH TAEYANG VIỆT NAM) is a large-scale South Korean–owned manufacturer located in Phố Nối A Industrial Park, Hưng Yên. Operating since 2006 under business ID 0900182899, the company employs about 3,500 workers, making it one of the major FDI employers in the province. Its operations focus on fabricated metal products, stainless-steel cutlery, and various metal-processing activities.

2023, however, marked a difficult year. As shown in the financial charts on page one, total assets fell sharply to USD 70.9 million, a 17.88 percent decline. Revenue dropped even more steeply to USD 90.77 million, down thirty-five percent from the previous year. Profit suffered the most, falling from USD 16 million in 2022 to just USD 5.68 million in 2023, a collapse of more than sixty-four percent. Working capital also contracted significantly, reflecting a tightening liquidity position.

Equity decreased to USD 38.77 million, reversing the major capital expansion recorded in 2022. Despite the downturn, the company remains financially solid with a sizeable asset base and long-term operational history. Leadership is held by General Director Lee H. J. and Managing Director Cho Y. G., supported by Vietnamese chief accountant Do M. C.

Taeyang Vina continues to operate multiple facilities, including a factory in Kim Động District and a branch in Đồng Nai. The company’s challenges in 2023 appear closely tied to weaker global demand for metal products and cost pressures in manufacturing, yet its scale and diversified production capabilities provide room for recovery.

Legal Profile

English Name:

TAEYANG VINA CO., LTD

Vietnamese Name:

CÔNG TY TNHH TAEYANG VIỆT NAM

Business ID (TIN):

0900182899

Date of Registration:

21 Dec 2006

Registered Office:

Hung Yen Province Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ LEE H.J

+ CHO Y.G

+ DO M.C

Address:

Road 206, Pho Noi A Industrial Park, Trung Trac Commune, Van Lam District, Hung Yen Province, Vietnam

Phone:

84-221 / 3980 292

Branch:

Nhon Trach 1 Industrial Park, Dong Nai Province, Vietnam

Representative office:

19th Floor, O12 Keangnam Landmark Building, No. 72, Pham Hung Street, Ha Noi City, Vietnam

Factory Address:

Luong Bang Township, Kim Dong District, Hung Yen 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

6,515

0.2241%

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	41.76%
Owner’s Equity	11.44%
Working Capital	-78.53%
Net Worth	-86.56%
Sales	-39.51%
Operating income	99.78%
EBIT	47.12%
Gross Profit Margin	29.20%
Debt to EBITDA	64.73%

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Negative Payment Records

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Opinion from Analysts

Specific Questions About TAEYANG VINA CO., LTD

When did TAEYANG VINA CO., LTD start operating?

TAEYANG VINA CO., LTD was started in 21 Dec 2006

What industry does TAEYANG VINA CO., LTD operate in?

TAEYANG VINA CO., LTD is operating in "Manufacture of other fabricated metal products n.e.c." industry

How can I contact TAEYANG VINA CO., LTD?

TAEYANG VINA CO., LTD phone numbers is 84-221 / 3980 292

What adverse news is there about TAEYANG VINA CO., LTD?

TAEYANG VINA CO., LTD’s has no negative news

What is stock symbol of TAEYANG VINA CO., LTD?

TAEYANG VINA CO., LTD is not listed company

Where is the location of TAEYANG VINA CO., LTD?

TAEYANG VINA CO., LTD is located at Road 206, Pho Noi A Industrial Park, Trung Trac Commune, Van Lam District, Hung Yen Province, Vietnam

What is TAEYANG VINA CO., LTD’s business registration?

TAEYANG VINA CO., LTD business registration is 0900182899

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