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TCL SMART DEVICE (VIET NAM) COMPANY LIMITED

Active

Business ID 3702670794

84-274 / 3803 965 / +84 889 444 132

TCL SMART DEVICE (VIET NAM) COMPANY LIMITED

Active

Business ID 3702670794

84-274 / 3803 965 / +84 889 444 132

TCL SMART DEVICE (VIET NAM) COMPANY LIMITED

Active

Summary

Name:

TCL SMART DEVICE (VIET NAM) COMPANY LIMITED

Business ID (TIN):

3702670794

Date of Registration:

01 Jun 2018

Registered Office:

Binh Duong Province Department of Planning and Investment

Address:

No. 26 VSIP II-A, Road No. 32, Viet Nam - Singapore II-A Industrial Park, Tan Binh Town, North Tan Uyen District, Binh Duong Province, Vietnam

Phone:

84-274 / 3803 965 / +84 889 444 132

Financial Statement:

2020, 2021, 2022, 2023, 2024

TCL SMART DEVICE (VIET NAM) COMPANY LIMITED (CÔNG TY TNHH ĐIỆN TỬ THÔNG MINH TCL (VIỆT NAM)): A GENERAL ANALYSIS BY VANGUARD BUSINESS INFORMATION (VBI)

TCL SMART DEVICE (VIET NAM) COMPANY LIMITED is a foreign direct investment (FDI) enterprise specializing in the manufacturing of consumer electronics, electronic components, and smart devices. Established on June 1, 2018, the company operates as a one-member limited liability company, wholly owned by TCL KING ELECTRICAL APPLIANCES (HUIZHOU) CO., LTD from China. The company’s main manufacturing facility is located at No. 26 VSIP II-A, Road No. 32, Vietnam - Singapore II-A Industrial Park, Tan Binh Town, North Tan Uyen District, Binh Duong Province, Vietnam. It operates under Business ID (TIN) 3702670794.

Financial Performance and Market Position

As of 2023, TCL SMART DEVICE (VIET NAM) reported total assets of USD 526.63 million, representing a 69% increase from the previous year. Total sales surged by 54.93% to USD 879.64 million, indicating strong market demand for consumer electronics and expansion in production capacity. Net profit grew by 153.44% to USD 14.16 million, recovering from a 74.41% drop in 2022, suggesting improved cost management and revenue optimization.

The company’s equity increased by 38.49% to USD 50.96 million, reinforcing its financial stability and investment potential. TCL SMART DEVICE (VIET NAM) operates multiple representative offices in Da Nang, Hai Phong, and Ho Chi Minh City, supporting its nationwide distribution and after-sales services.

Key Strengths of the Company

Rapid Asset and Revenue Growth – The company’s 69% increase in assets and 54.93% revenue growthhighlight its expansion in Vietnam’s consumer electronics market.
Strong Ownership and Investment Support – As part of TCL KING ELECTRICAL APPLIANCES (HUIZHOU) CO., LTD, the company benefits from advanced technology, global market access, and R&D support.
Diverse Product Portfolio – The company manufactures smart TVs, home appliances, electronic components, batteries, and communication devices, ensuring multiple revenue streams.
Nationwide Presence – With offices in major cities like Da Nang, Hai Phong, and Ho Chi Minh City, the company optimizes logistics, customer service, and retail distribution.

Challenges and Market Risks

Highly Competitive Industry – The consumer electronics sector is dominated by global giants, requiring continuous innovation and cost efficiency to maintain competitiveness.
Raw Material Dependence – Price fluctuations in semiconductors, electronic components, and raw materialscould impact production costs and profit margins.
Supply Chain Vulnerabilities – The company relies on global suppliers, making it susceptible to logistical disruptions, tariff changes, and geopolitical risks.
Market Volatility – Consumer demand for electronics and smart devices fluctuates with economic conditions, potentially affecting sales and profitability.

The Role of VANGUARD BUSINESS INFORMATION (VBI) in Business Assessment

A company’s financial health, operational trends, and market dynamics are key factors for investors, suppliers, and industry analysts. General company reports provide transparent insights into revenue performance, investment risks, and corporate strategies, helping businesses make data-driven decisions.

VBI’s Contribution to Market Analysis

VANGUARD BUSINESS INFORMATION (VBI) delivers comprehensive financial reports and industry insights, supporting businesses in evaluating growth potential, financial risks, and competitive positioning. For companies like TCL SMART DEVICE (VIET NAM) COMPANY LIMITED, these reports help investors and market players assess operational trends, supply chain challenges, and expansion strategies for long-term decision-making.

Legal Profile

English Name:

TCL SMART DEVICE (VIET NAM) COMPANY LIMITED

Vietnamese Name:

CÔNG TY TNHH ĐIỆN TỬ THÔNG MINH TCL (VIỆT NAM)

Business ID (TIN):

3702670794

Date of Registration:

01 Jun 2018

Registered Office:

Binh Duong Province Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

YI, P

Address:

No. 26 VSIP II-A, Road No. 32, Viet Nam - Singapore II-A Industrial Park, Tan Binh Town, North Tan Uyen District, Binh Duong Province, Vietnam

Phone:

84-274 / 3803 965 / +84 889 444 132

Representative office:

No. 131, Hung Vuong Street, Da Nang City, Vietnam

Representative office:

Room 503, Le Pham Building, No. 98-100, To Hieu Street, Hai Phong City, Vietnam

Representative office:

5th Floor, Ho Chi Minh City Lottery Tower, No. 77, Tran Nhan Ton Street, Ho Chi Minh City, Vietnam

Representative office:

6th Floor, No. 168, Nguyen Xien Street, Ha Noi City, Vietnam

Business Sector

Key business lines:

VSIC:

2640 Manufacture of consumer electronics

NACE:

26.40 Manufacture of consumer electronics

NAICS:

3343 Audio and Video Equipment Manufacturing

Industry Sales Growth

CAGR (2019 - 2023)

10.58%

YoY (2023)

15.71%

Companies by industry

Company distribution and propportions

755

0.0260%

Key Industry Players

Top 10 companies in manufacture of consumer electronics industry

anam electronics viet nam co., ltd lg electronics vietnam hai phong co., ltd samsung electronics hcmc ce complex co., ltd tcl smart device (viet nam) company limited amtran vietnam technology company limited goertek technology vina company limited bumjin electronics vina co.,ltd competition team technology (vietnam) company limited tonly electronics technology viet nam co.,ltd pegatron vietnam company limited

Payment History

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Financial Performance

Assets	-18.41%
Owner’s Equity	-14.08%
Working Capital	-33.62%
Net Worth	71.26%
Sales	-81.84%
Operating income	87.47%
EBIT	39.72%
Gross Profit Margin	50.30%
Debt to EBITDA	98.36%

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Owner's Equity

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Litigation Records; Negative News

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Profit and Loss Statement

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Opinion from Analysts

Specific Questions About TCL SMART DEVICE (VIET NAM) COMPANY LIMITED

When did TCL SMART DEVICE (VIET NAM) COMPANY LIMITED start operating?

TCL SMART DEVICE (VIET NAM) COMPANY LIMITED was started in 01 Jun 2018

What industry does TCL SMART DEVICE (VIET NAM) COMPANY LIMITED operate in?

TCL SMART DEVICE (VIET NAM) COMPANY LIMITED is operating in "Manufacture of consumer electronics" industry

How can I contact TCL SMART DEVICE (VIET NAM) COMPANY LIMITED?

TCL SMART DEVICE (VIET NAM) COMPANY LIMITED phone numbers is 84-274 / 3803 965 / +84 889 444 132

What adverse news is there about TCL SMART DEVICE (VIET NAM) COMPANY LIMITED?

TCL SMART DEVICE (VIET NAM) COMPANY LIMITED’s has 1 bad news

What is stock symbol of TCL SMART DEVICE (VIET NAM) COMPANY LIMITED?

TCL SMART DEVICE (VIET NAM) COMPANY LIMITED is not listed company

Where is the location of TCL SMART DEVICE (VIET NAM) COMPANY LIMITED?

TCL SMART DEVICE (VIET NAM) COMPANY LIMITED is located at No. 26 VSIP II-A, Road No. 32, Viet Nam - Singapore II-A Industrial Park, Tan Binh Town, North Tan Uyen District, Binh Duong Province, Vietnam

What is TCL SMART DEVICE (VIET NAM) COMPANY LIMITED’s business registration?

TCL SMART DEVICE (VIET NAM) COMPANY LIMITED business registration is 3702670794

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TCL SMART DEVICE (VIET NAM) COMPANY LIMITED

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TCL SMART DEVICE (VIET NAM) COMPANY LIMITED

TCL SMART DEVICE (VIET NAM) COMPANY LIMITED (CÔNG TY TNHH ĐIỆN TỬ THÔNG MINH TCL (VIỆT NAM)): A GENERAL ANALYSIS BY VANGUARD BUSINESS INFORMATION (VBI)