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THAI HUNG TRADING JOINT-STOCK COMPANY

Active

Business ID 4600310787

84-208 / 385 5276 / 375 9988

THAI HUNG TRADING JOINT-STOCK COMPANY

Active

Business ID 4600310787

84-208 / 385 5276 / 375 9988

THAI HUNG TRADING JOINT-STOCK COMPANY

Active

Summary

Name:

THAI HUNG TRADING JOINT-STOCK COMPANY

Business ID (TIN):

4600310787

Date of Registration:

28 Mar 2003

Registered Office:

Thai Nguyen Province Department of Finance

Address:

Residential Group 8, Thai Nguyen Province, Vietnam

Phone:

84-208 / 385 5276 / 375 9988

Financial Statement:

2020, 2021, 2022, 2023, 2024

THAI HUNG TRADING JOINT STOCK COMPANY (THAI HUNG JSC) is a prominent Vietnamese enterprise specializing in the wholesale of metals and metal ores. Established on March 28, 2003, and headquartered in Thai Nguyen City, Thai Nguyen Province, the company has become a significant player in the industry. Thai Hung JSC demonstrates a strong financial foundation with a charter capital of USD 61.62 million and total assets valued at USD 383.22 million as of December 31, 2023. The company is privately held and employs approximately 800 people, reflecting its substantial operational scale.

The company’s primary business activities include trading construction steel, steel billets, and metal scraps, alongside investments in real estate and logistics services. Additionally, Thai Hung JSC is registered for a diverse range of business activities, such as the wholesale of construction materials, motor vehicles, beverages, and food, as well as mining iron ores. This diversification allows the company to leverage multiple revenue streams and adapt to market fluctuations.

Financially, Thai Hung JSC has shown resilience despite challenges. In 2023, the company reported total sales of USD 581.83 million, a slight decline of 4.11% year-over-year (YoY). However, its total assets increased by 12.58% YoY, reaching USD 383.22 million. The company’s equity also saw a marginal increase of 0.21% YoY, standing at USD 68.39 million. Despite these positive indicators, the company faced a significant drop in profit, which fell by 87.86% YoY to USD 299,740, highlighting potential operational or market challenges.

Chairwoman Nguyen Thi Vinh and General Director Nguyen Van Tuan steer the company's strategic direction. Thai Hung JSC operates multiple offices, including its head office in Thai Nguyen, a branch in Quang Ninh, and representative offices in Ho Chi Minh City and Song Cong City, ensuring a broad operational reach across Vietnam.

In summary, Thai Hung Trading Joint-Stock Company is a well-established entity in Vietnam’s metals and trading sector. It has a robust asset base and diversified business activities. While it faces profitability challenges, its strong market presence and strategic leadership position it for potential growth and stability in the future.

Legal Profile

English Name:

THAI HUNG TRADING JOINT-STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN THƯƠNG MẠI THÁI HƯNG

Short Name:

THAI HUNG JSC

Business ID (TIN):

4600310787

Date of Registration:

28 Mar 2003

Registered Office:

Thai Nguyen Province Department of Finance

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ NGUYEN T.V

+ NGUYEN V.T

+ LE H.K

+ NGUYEN T.Q

+ BACH P.V

+ TRINH G.T

+ NGUYEN D.L

+ LE T.T

+ DUONG M.H

Address:

Residential Group 8, Thai Nguyen Province, Vietnam

Phone:

84-208 / 385 5276 / 375 9988

Branch:

Cai Lan Industrial Park, Viet Hung Ward, Quang Ninh Province, Vietnam

Representative office:

11st Floor, Vincom Center Dong Khoi Building, No. 72, Le Thanh Ton Street, Sai Gon Ward, Ho Chi Minh City, Vietnam

Representative office:

Lot 1, Zone A, Song Cong 1 Industrial Park, Bach Quang Ward, Thai Nguyen Province, Vietnam

Business Sector

Key business lines:

VSIC:

4511 Wholesale of motor vehicles and other motor vehicles

NAICS:

42311 Automobile and Other Motor Vehicle Merchant Wholesalers

Industry Sales Growth

CAGR (2019 - 2023)

7.03%

YoY (2023)

-16.08%

Companies by industry

Company distribution and propportions

9,884

0.3400%

Key Industry Players

Top 10 companies in wholesale of motor vehicles and other motor vehicles industry

hang xanh motors service joint stock company mercedes-benz vietnam company limited toyota bien hoa company limited vietnam star automobile limited thaco auto distribution company limited hoan cau auto joint stock company lexus thang long joint stock company tan phu automobile joint stock company hyundai thanh cong commercial vehicle joint stock company hyundai thanh cong viet nam auto joint venture joint stock company

Payment History

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Financial Performance

Assets	41.29%
Owner’s Equity	-61.01%
Working Capital	96.85%
Net Worth	-0.91%
Sales	-30.67%
Operating income	-4.07%
EBIT	-0.69%
Gross Profit Margin	-94.65%
Debt to EBITDA	2.73%

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Negative Payment Records

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Litigation Records; Negative News

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Opinion from Analysts

Specific Questions About THAI HUNG TRADING JOINT-STOCK COMPANY

When did THAI HUNG TRADING JOINT-STOCK COMPANY start operating?

THAI HUNG TRADING JOINT-STOCK COMPANY was started in 28 Mar 2003

What industry does THAI HUNG TRADING JOINT-STOCK COMPANY operate in?

THAI HUNG TRADING JOINT-STOCK COMPANY is operating in "Wholesale of motor vehicles and other motor vehicles" industry

How can I contact THAI HUNG TRADING JOINT-STOCK COMPANY?

THAI HUNG TRADING JOINT-STOCK COMPANY phone numbers is 84-208 / 385 5276 / 375 9988

What adverse news is there about THAI HUNG TRADING JOINT-STOCK COMPANY?

THAI HUNG TRADING JOINT-STOCK COMPANY’s has 30 bad news

What is stock symbol of THAI HUNG TRADING JOINT-STOCK COMPANY?

THAI HUNG TRADING JOINT-STOCK COMPANY is not listed company

Where is the location of THAI HUNG TRADING JOINT-STOCK COMPANY?

THAI HUNG TRADING JOINT-STOCK COMPANY is located at Residential Group 8, Thai Nguyen Province, Vietnam

What is THAI HUNG TRADING JOINT-STOCK COMPANY’s business registration?

THAI HUNG TRADING JOINT-STOCK COMPANY business registration is 4600310787

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