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TAY DO STEEL CO.,LTD

Active

Business ID 1800156657

84-292 / 3841822

TAY DO STEEL CO.,LTD

Active

Business ID 1800156657

84-292 / 3841822

TAY DO STEEL CO.,LTD

Active

Summary

Name:

TAY DO STEEL CO.,LTD

Business ID (TIN):

1800156657

Date of Registration:

27 Jun 2008

Registered Office:

Can Tho City Department of Finance

Address:

Land Lot 45, Road No. 2, Tra Noc 1 Industrial Park, Can Tho City, Vietnam

Phone:

84-292 / 3841822

Financial Statement:

2020, 2021, 2022, 2023, 2024

TAY DO STEEL CO., LTD (CÔNG TY TNHH THÉP TÂY ĐÔ) was established on June 27, 2008, and operates as a privately held limited liability company under Business ID: 1800156657, issued by the Can Tho City Department of Finance. The company’s head office is located at Land Lot 45, Road No. 2, Tra Noc 1 Industrial Park, Thoi An Dong Ward, Can Tho City, Vietnam, with additional offices at No. 27, Le Hong Phong Street and No. 44, CMT8 Street, Can Tho City.

The company manufactures and supplies construction steel products, steel billets, and scrap materials, serving both domestic and export markets. Its registered activities also cover metal and mineral wholesale, construction material trading, and logistics services. With a workforce of about 500 employees, TAY DO STEEL is one of the major steel producers in Vietnam’s Mekong Delta region, known for its reliability and consistent supply chain performance.

Financially, the company recorded a strong year in 2023, reporting total assets of USD 66.84 million (▲68.63%), sales revenue of USD 106.03 million (▲71.67%), and net profit of USD 424,150 (▲171.07%). Owner’s equity rose 67.88%to USD 11.21 million, and working capital more than doubled to USD 350,056, showing better liquidity control. Despite operating in a highly cyclical market, these figures reflect improved cost efficiency and strong recovery momentum in the post-pandemic construction sector.

Ownership is concentrated under Mr. Huynh T. Q. (62.98%), with other key Vietnamese shareholders including Mr. Huynh N. A. (8.4%), Ms. Hoang K. T. (7.93%), Indochina Sun Technology JSC (7.14%), and Nine Dragons Import Export Trade Services Co., Ltd (4.87%). The company is chaired and managed by Mr. Huynh T. Q., who also serves as General Director, supported by Deputy General Director Mr. Vo V. K.

From a business intelligence and financial analysis perspective, TAY DO STEEL demonstrates strong growth but faces sectoral risks tied to fluctuating steel prices, high energy costs, and tightening construction demand. The significant rise in revenue and profit suggests effective adaptation to market dynamics, yet maintaining profit margins amid volatile raw material costs will remain a critical challenge.

As part of its mission to enhance Vietnam Business Intelligence, VNBIS provides in-depth company insights and Financial Risk Management Services to help clients and investors evaluate firms like TAY DO STEEL CO., LTD. These reports offer a detailed understanding of corporate performance, financial stability, and industry trends—empowering strategic decisions in Vietnam’s fast-developing steel and construction sectors.

Legal Profile

English Name:

TAY DO STEEL CO.,LTD

Vietnamese Name:

CÔNG TY TNHH THÉP TÂY ĐÔ

Short Name:

CÔNG TY THÉP TÂY ĐÔ

Business ID (TIN):

1800156657

Date of Registration:

27 Jun 2008

Registered Office:

Can Tho City Department of Finance

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ HUYNH T.Q

+ VO V.K

Address:

Land Lot 45, Road No. 2, Tra Noc 1 Industrial Park, Can Tho City, Vietnam

Phone:

84-292 / 3841822

Representative office:

No. 337, Bach Dang Street, Group 6, Can Tho City, Vietnam

Other:

No. 27, Le Hong Phong Street, Can Tho City, Vietnam

Other:

No. 44, Cach Mang Thang 8 Street, Can Tho City, Vietnam

Representative office:

4th Floor, Building No. 56, Thu Khoa Huan Street, Ho Chi Minh City, Vietnam

Business Sector

Key business lines:

VSIC:

2410 Manufacture of iron, steel and cast iron

NACE:

24.10 Manufacture of basic iron and steel and of ferro-alloys

NAICS:

3311 Iron and Steel Mills and Ferroalloy Manufacturing

Industry Sales Growth

CAGR (2019 - 2023)

4.05%

YoY (2023)

-9.69%

Companies by industry

Company distribution and propportions

1,727

0.0594%

Key Industry Players

Top 10 companies in manufacture of iron, steel and cast iron industry

viet nam steel corporation hoa sen group vas group nghi son joint stock company formosa ha tinh steel corporation smc trading investment joint stock company hoa phat group joint stock company hoa phat hai duong steel joint stock company nam kim steel joint stock company hoa phat hung yen steel limited liability company hoa phat dung quat steel joint stock company

Payment History

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Financial Performance

Assets	66.40%
Owner’s Equity	-66.25%
Working Capital	-33.63%
Net Worth	-21.18%
Sales	-8.31%
Operating income	27.58%
EBIT	17.05%
Gross Profit Margin	-71.60%
Debt to EBITDA	83.52%

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Contact and Location

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Owner's Equity

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Company Standard Report

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EBT

EBITDA

Working Capital

Tangible Net Worth

Financial Ratios

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Profit and Loss Statement

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Subsidiary and Affiliated Company

Management and Directors

Shareholders

Business Operation

Suppliers

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Credit Limit

Industry Information

Key Industry Players

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Negative Payment Records

Banking Information

Litigation Records; Negative News

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Opinion from Analysts

Specific Questions About TAY DO STEEL CO.,LTD

When did TAY DO STEEL CO.,LTD start operating?

TAY DO STEEL CO.,LTD was started in 27 Jun 2008

What industry does TAY DO STEEL CO.,LTD operate in?

TAY DO STEEL CO.,LTD is operating in "Manufacture of iron, steel and cast iron" industry

How can I contact TAY DO STEEL CO.,LTD?

TAY DO STEEL CO.,LTD phone numbers is 84-292 / 3841822

What adverse news is there about TAY DO STEEL CO.,LTD?

TAY DO STEEL CO.,LTD’s has no negative news

What is stock symbol of TAY DO STEEL CO.,LTD?

TAY DO STEEL CO.,LTD is not listed company

Where is the location of TAY DO STEEL CO.,LTD?

TAY DO STEEL CO.,LTD is located at Land Lot 45, Road No. 2, Tra Noc 1 Industrial Park, Can Tho City, Vietnam

What is TAY DO STEEL CO.,LTD’s business registration?

TAY DO STEEL CO.,LTD business registration is 1800156657

TAY DO STEEL CO.,LTD

TAY DO STEEL CO.,LTD

TAY DO STEEL CO.,LTD

Business Sector

Key business lines:

Industry Sales Growth

Companies by industry

Key Industry Players

Payment History

Financial Performance

Company Reports

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Specific Questions About TAY DO STEEL CO.,LTD

When did TAY DO STEEL CO.,LTD start operating?

What industry does TAY DO STEEL CO.,LTD operate in?

How can I contact TAY DO STEEL CO.,LTD?

What adverse news is there about TAY DO STEEL CO.,LTD?

What is stock symbol of TAY DO STEEL CO.,LTD?

Where is the location of TAY DO STEEL CO.,LTD?

What is TAY DO STEEL CO.,LTD’s business registration?

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