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THAI VIET CORPORATION JOINT STOCK COMPANY

Active

Business ID 4000928606

+84 868 218 039

THAI VIET CORPORATION JOINT STOCK COMPANY

Active

Business ID 4000928606

+84 868 218 039

THAI VIET CORPORATION JOINT STOCK COMPANY

Active

Summary

Name:

THAI VIET CORPORATION JOINT STOCK COMPANY

Business ID (TIN):

4000928606

Date of Registration:

22 Apr 2013

Registered Office:

Dong Nai Province Department of Finance

Address:

No. 36, Nguyen Chanh Street, Phu Cuong Quarter, Dong Nai Province, Vietnam

Phone:

+84 868 218 039

Financial Statement:

2020, 2021, 2022, 2023, 2024

Vanguard Business Information (VNBIS) is a leading provider of business intelligence and risk assessment services in Vietnam. We want to present this analysis to support clients and partners in Minimizing Financial Risks and Maximizing Business Opportunities when engaging with THAI VIET CORPORATION JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN THÁI VIỆT CORPORATION).

Company Overview

THAI VIET CORPORATION JSC is a foreign direct investment (FDI) enterprise in livestock farming and animal feed manufacturing. Established on April 22, 2013, under Business ID 4000928606, the company’s head office is in Trung Luong Hamlet, Tam My Commune, Da Nang City, Vietnam. It also operates branches in Dong Nai and Lam Dong provinces and a representative office in Da Nang. The company is managed by Mr. Pornchai S., a Thai national serving as General Director, and employs between 1,000 and 4,999 workers across its facilities.

Its ownership structure is entirely foreign, with T Paragon Holding Company Limited (Thailand) holding 100 percent of the shares, reflecting strong capital support from the Thai parent group.

Business and Operations

THAI VIET CORPORATION operates in pig farming, animal feed production, and meat processing, forming a vertically integrated agribusiness model. Its business includes poultry raising, agricultural machinery trading, food retail, and animal production support activities.

Over the years, the company has positioned itself as one of Vietnam's largest foreign livestock enterprises, benefiting from advanced Thai agricultural technologies and large-scale farming operations across multiple provinces. However, as with most feed and livestock producers, the company remains exposed to market volatility in feed costs, disease outbreaks, and price cycles in the domestic pork market.

Financial Highlights and Risk Indicators

As of December 31, 2023, THAI VIET CORPORATION reported:

Total assets: USD 98.65 million (▲35.01% year-on-year)
Owner’s equity: USD 41.76 million (▼11.47%)
Sales: USD 104.68 million (▲54.9%)
Net profit: USD –6.44 million (▼1,589%)
Working capital: USD 5.75 million (▼76.24%)

While revenue and asset growth remain strong, the company incurred a significant loss in 2023, following two years of modest profitability. The sharp decline in net profit reflects cost pressures and weakened operating margins, likely due to rising feed prices and lower pork selling prices. The steep reduction in working capital also signals tighter liquidity conditions, warranting close monitoring.

Credit and Risk Evaluation

Despite its robust asset base and extensive operations, THAI VIET CORPORATION exhibits signs of financial stress, with declining equity and negative profitability. However, its strong foreign ownership, substantial fixed assets, and long-standing market presence mitigate default risk in the short term.

For business partners and credit insurers, the company should be categorized as a medium-risk counterparty—financially capable but vulnerable to market fluctuations. It is advisable to apply credit limits based on current liquidity and seek updated financial disclosures when entering into new agreements.

In conclusion, THAI VIET CORPORATION remains a large-scale, foreign-invested livestock enterprise in Vietnam with established infrastructure and industry experience. Nevertheless, recent financial deterioration calls for cautious engagement. Through continuous monitoring and transparent reporting, the company and its stakeholders can pursue sustainable growth while adhering to VNBIS’s guiding principle of Minimizing Financial Risks and Maximizing Business Opportunities.

Legal Profile

English Name:

THAI VIET CORPORATION JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN THÁI VIỆT CORPORATION

Short Name:

THAI VIET CORPORATION., JSC

Business ID (TIN):

4000928606

Date of Registration:

22 Apr 2013

Registered Office:

Dong Nai Province Department of Finance

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

PORNCHAI S

Address:

No. 36, Nguyen Chanh Street, Phu Cuong Quarter, Dong Nai Province, Vietnam

Phone:

+84 868 218 039

Branch:

Nguyen Chanh Street, Phu Cuong Quarter, Binh Phuoc Ward, Dong Nai Province, Vietnam

Branch:

Hamlet 1, Bac Gia Nghia Ward, Lam Dong Province, Vietnam

Representative office:

Phong Nhi Quarter, An Thang Ward, Da Nang City, Vietnam

Representative office:

No. 148, Le Thanh Tong Street, Area 5, Lam Son Town, Thanh Hoa Province, Vietnam

Representative office:

No. 3, Cuu Long Street, Tan Son Hoa Ward, Ho Chi Minh City, Vietnam

Business Sector

Key business lines:

VSIC:

0145 Raising of pigs and breeding of pigs

Industry Sales Growth

CAGR (2019 - 2023)

7.02%

YoY (2023)

6.29%

Companies by industry

Company distribution and propportions

1,823

0.0627%

Key Industry Players

Top 10 companies in raising of pigs and breeding of pigs industry

dabaco pig raising investment & development ltd.,co teratai agriculture viet nam limited mml farm nghe an company limited thai viet corporation joint stock company hoa phuoc livestock company limited baf viet nam agriculture joint stock company mavin farm joint stock company linkfarm company limited new hope binh phuoc livestock company limited lo pang livestock joint stock company

Payment History

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Financial Performance

Assets	41.50%
Owner’s Equity	-89.75%
Working Capital	-73.90%
Net Worth	31.30%
Sales	30.62%
Operating income	74.10%
EBIT	82.60%
Gross Profit Margin	-19.32%
Debt to EBITDA	-8.94%

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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 THAI VIET CORPORATION JOINT STOCK COMPANY

When did THAI VIET CORPORATION JSC start operating?

THAI VIET CORPORATION JSC was started in 22 Apr 2013

What industry does THAI VIET CORPORATION JSC operate in?

THAI VIET CORPORATION JSC is operating in "Raising of pigs and breeding of pigs" industry

How can I contact THAI VIET CORPORATION JSC?

THAI VIET CORPORATION JSC phone numbers is +84 868 218 039

What adverse news is there about THAI VIET CORPORATION JSC?

THAI VIET CORPORATION JSC’s has 1 bad news

What is stock symbol of THAI VIET CORPORATION JSC?

THAI VIET CORPORATION JSC is not listed company

Where is the location of THAI VIET CORPORATION JSC?

THAI VIET CORPORATION JSC is located at No. 36, Nguyen Chanh Street, Phu Cuong Quarter, Dong Nai Province, Vietnam

What is THAI VIET CORPORATION JSC’s business registration?

THAI VIET CORPORATION JSC business registration is 4000928606

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THAI VIET CORPORATION JOINT STOCK COMPANY

THAI VIET CORPORATION JOINT STOCK COMPANY

THAI VIET CORPORATION JOINT STOCK COMPANY

Company Overview

Business and Operations

Financial Highlights and Risk Indicators

Credit and Risk Evaluation

Company Profile Report

Company Standard Report

Comprehensive Report

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THAI VIET CORPORATION JOINT STOCK COMPANY

THAI VIET CORPORATION JOINT STOCK COMPANY

THAI VIET CORPORATION JOINT STOCK COMPANY

Company Overview

Business and Operations

Financial Highlights and Risk Indicators

Credit and Risk Evaluation

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

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