PROLooking for more than just a company report? Upgrade to Pro now

TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED

Active

Business ID 3702696344

+84 908 517 706

TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED

Active

Business ID 3702696344

+84 908 517 706

TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED

Active

Summary

Name:

TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED

Business ID (TIN):

3702696344

Date of Registration:

27 Aug 2018

Registered Office:

Binh Duong Province Department of Planning and Investment

Address:

L20-04 Becamex, No. 1, Hung Vuong Street, Hoa Phu Ward, Thu Dau Mot City, Binh Duong Province, Vietnam

Phone:

+84 908 517 706

Financial Statement:

2020, 2021, 2022, 2023, 2024

TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED (Vietnamese: CÔNG TY TNHH TECHTRONIC INDUSTRIES VIỆT NAM MANUFACTURING, abbreviated as TTIVN MFG) presents itself as a high-powered manufacturing player within Vietnam’s booming industrial sector. Operating under Business ID 3702696344 and based at L20-04 Becamex, No. 1 Hung Vuong Street, Hoa Phu Ward, Thu Dau Mot City, Binh Duong Province, this foreign direct investment (FDI) enterprise is fully owned by Techtronic Industries Company Pte. Ltd. from Singapore.

Founded in 2018 and currently employing around 15,000 staff, TTIVN MFG produces and assembles a broad range of electrical and mechanical tools—from hand tools and electric pumps to lighting equipment and measurement devices. While this wide portfolio supports revenue diversity, the company’s financials reveal a picture that demands caution, particularly for suppliers, creditors, and institutional partners.

Red Flags That Require Further Risk Assessment

In 2023, TTIVN MFG reported USD 159.1 million in sales, reflecting a mild year-over-year growth of 6.96%. However, this modest revenue gain came after a 17.95% decline in 2022, indicating sales volatility that could be tied to market exposure, supply chain dependency, or global demand cycles. While net profit bounced back to USD 5.1 million—a 154.95% increase over the previous year—this came on the heels of a steep 69.45% drop in 2022, signaling inconsistent earnings.

The company's working capital is negative at USD -2.33 million, a serious risk flag. This liquidity crunch, despite having USD 95 million in assets, suggests that short-term liabilities exceed current assets, making the company potentially vulnerable to credit pressures, delayed payments, or supply disruptions.

Moreover, the equity base of USD 28.22 million—while stable—is not growing in proportion to asset expansion, hinting at a leverage imbalance or reinvestment hesitancy. Profit margins remain thin considering the scale of operations, and with multiple manufacturing locations (Binh Duong and Dong Nai), operational costs and financial control become even more complex.

Why a Deeper Look Is Essential

While on paper TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED may appear operationally sound, the volatility in profits, negative working capital, and slow equity growth raise concerns for anyone considering long-term cooperation, credit extension, or investment.

As a risk manager, I highly recommend going beyond headline numbers. A surface-level company report does not reveal hidden supply chain vulnerabilities, cash flow timing issues, payment delays, or regulatory exposure.

To properly evaluate the risks, businesses should order the full investigative risk report from VANGUARD BUSINESS INFORMATION LLC (VBI). VBI's advanced insights include:

Liquidity stress analysis
Payment pattern tracking
Ownership background screening
Debt servicing capacity review
Supply chain and compliance red flags

In conclusion, TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED is a high-capacity manufacturer with an impressive workforce size and industrial diversity, but the financials suggest a fragile core that warrants thorough scrutiny. Before making any credit, trade, or strategic decision, get the complete risk profile from VBI—because risk that’s unseen is risk unmanaged.

Legal Profile

English Name:

TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED

Vietnamese Name:

CÔNG TY TNHH TECHTRONIC INDUSTRIES VIỆT NAM MANUFACTURING

Short Name:

TTIVN MFG

Business ID (TIN):

3702696344

Date of Registration:

27 Aug 2018

Registered Office:

Binh Duong Province Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ CHAN C.C

+ TRAN C.Q

+ TRAN M.H

Address:

L20-04 Becamex, No. 1, Hung Vuong Street, Hoa Phu Ward, Thu Dau Mot City, Binh Duong Province, Vietnam

Phone:

+84 908 517 706

Workshop Address:

Lot A1-A7, Dai Dang 3 Street, Phu Tan Ward, Thu Dau Mot City, Binh Duong Province, Vietnam

Branch:

Lot M1-M5, Dau Giay Industrial Park, Dau Giay Town, Thong Nhat District, Dong Nai Province, Vietnam

Business Sector

Key business lines:

VSIC:

3290 Other manufacturing n.e.c.

NACE:

32.99 Other manufacturing n.e.c.

Industry Sales Growth

CAGR (2019 - 2023)

-3.40%

YoY (2023)

-2.40%

Companies by industry

Company distribution and propportions

13,777

0.4739%

Key Industry Players

Top 10 companies in other manufacturing n.e.c. industry

ever global (viet nam) enterprise corporation always co., ltd aroma bay candles company limited 3m vietnam limited aidi vietnam candles arts & crafts company limited minebea accesssolutions vietnam ltd. timberland company limited samju vina company limited techtronic industries vietnam manufacturing company limited fortune brands security co., ltd

Payment History

Purchase the report to access company details.

Financial Performance

Assets	-80.94%
Owner’s Equity	54.99%
Working Capital	20.15%
Net Worth	-67.77%
Sales	-78.41%
Operating income	19.97%
EBIT	-97.58%
Gross Profit Margin	58.29%
Debt to EBITDA	28.39%

📈 📊

Company Reports

Company Profile Report

Legal Profile

Contact and Location

Legal Representative

Shareholders

Business Operation

Assets

Owner's Equity

Sales

Profit

Company Standard Report

Legal Profile

Business Locations

Legal Representative

EBT

EBITDA

Working Capital

Tangible Net Worth

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Comprehensive Report

Report Summary

Legal Profile

Historical Information

Business Locations

Subsidiary and Affiliated Company

Management and Directors

Shareholders

Business Operation

Suppliers

Buyers

Credit Limit

Industry Information

Key Industry Players

Competitors

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 TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED

When did TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED start operating?

TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED was started in 27 Aug 2018

What industry does TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED operate in?

TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED is operating in "Other manufacturing n.e.c." industry

How can I contact TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED?

TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED phone numbers is +84 908 517 706

What adverse news is there about TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED?

TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED’s has no negative news

What is stock symbol of TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED?

TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED is not listed company

Where is the location of TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED?

TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED is located at L20-04 Becamex, No. 1, Hung Vuong Street, Hoa Phu Ward, Thu Dau Mot City, Binh Duong Province, Vietnam

What is TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED’s business registration?

TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED business registration is 3702696344

My Order (0)

TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED

TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED

TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED

Red Flags That Require Further Risk Assessment

Why a Deeper Look Is Essential

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

We've just released an update!

Don’t miss any of our insights

TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED

TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED

TECHTRONIC INDUSTRIES VIETNAM MANUFACTURING COMPANY LIMITED

Red Flags That Require Further Risk Assessment

Why a Deeper Look Is Essential

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

Access Required

Notification