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THANG HOA JOINT STOCK COMPANY

Active

Business ID 3600999639

+84 986536289

THANG HOA JOINT STOCK COMPANY

Active

Business ID 3600999639

+84 986536289

THANG HOA JOINT STOCK COMPANY

Active

Summary

Name:

THANG HOA JOINT STOCK COMPANY

Business ID (TIN):

3600999639

Date of Registration:

29 Apr 2008

Registered Office:

Dong Nai Province Department of Planning and Investment

Address:

Doc 47 Industrial Cluster (leasing office of Thien Duc S.T.A.V Joint stock company), Tam Phuoc Ward, Bien Hoa City, Dong Nai Province, Vietnam

Phone:

+84 986536289

Financial Statement:

2020, 2021, 2022, 2023, 2024

Company Overview

THANG HOA JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN THĂNG HOA) is a privately held joint-stock company, registered under tax code 3600999639, and headquartered in Bien Hoa City, Dong Nai Province, Vietnam. The company primarily operates in the trading of raw materials for feed manufacturing, along with construction, livestock farming, and manufacturing of packaging and apparel.

Founded in 2008, THANG HOA JOINT STOCK COMPANY has been in business for over 16 years, navigating various economic cycles and market challenges.

Financial Performance and Unusual Trends

One of the most noticeable financial irregularities is the company’s extremely low profit margin relative to its total revenue. In 2023, profit increased by an extraordinary 1055.87%, yet the absolute figure remained only $74,640, which is insignificant compared to its $519.67 million in total sales. This suggests very high operational costs, low profitability, or issues in cost management.

Additionally, while total assets grew significantly by 36.2%, working capital remains negative at -$17.54 million, indicating potential liquidity issues or high short-term obligations.

For those interested in detailed financial figures, including debt levels, cash flow analysis, and operational risks, VANGUARD BUSINESS INFORMATION LLC (VBI) provides a comprehensive report with in-depth financial insights.

Business Operations and Diversification

The company’s core focus remains on trading raw materials for feed production, but its business activities are highly diversified, including:

Wholesale of agricultural raw materials
Livestock farming (pigs and poultry)
Manufacturing of animal feed
Construction of buildings and infrastructure
Manufacturing of packaging materials and footwear

While diversification can reduce business risk, the company’s expansion across multiple industries raises concerns about operational focus and efficiency. Businesses spanning construction, agriculture, and manufacturing require different expertise and capital structures, making it challenging to maintain profitability across all sectors.

Management and Ownership

The company is led by Chairman cum Director Vu Tuan Anh, who holds a significant stake in the business. However, for those looking for a detailed shareholder breakdown, governance structure, and key management personnel, VBI's credit report provides exclusive insights into the company's ownership and leadership decisions.

Future Outlook and Risks

Despite strong revenue, profitability remains alarmingly low, raising questions about cost structure and financial sustainability.
Negative working capital suggests potential short-term liquidity risks, which could impact daily operations and financial flexibility.
Highly diversified business model increases exposure to multiple market risks, making efficiency and cost control crucial for long-term stability.

For a detailed financial risk assessment, shareholder insights, and operational breakdown, purchasing the VBI credit report on THANG HOA JOINT STOCK COMPANY is recommended.

Legal Profile

English Name:

THANG HOA JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN THĂNG HOA

Short Name:

THANG HOA JSC.

Business ID (TIN):

3600999639

Date of Registration:

29 Apr 2008

Registered Office:

Dong Nai Province Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

VU T.A

Address:

Doc 47 Industrial Cluster (leasing office of Thien Duc S.T.A.V Joint stock company), Tam Phuoc Ward, Bien Hoa City, Dong Nai Province, Vietnam

Phone:

+84 986536289

Business Sector

Key business lines:

VSIC:

4620 Wholesale of agricultural raw materials (except wood, bamboo) and live animals

NACE:

46.24 Wholesale of agricultural raw materials and live animals

NAICS:

4245 Farm Product Raw Material Merchant Wholesalers

Industry Sales Growth

CAGR (2019 - 2023)

13.11%

YoY (2023)

10.79%

Companies by industry

Company distribution and propportions

27,991

0.9628%

Key Industry Players

Top 10 companies in wholesale of agricultural raw materials (except wood, bamboo) and live animals industry

ha noi tic trading and investment joint stock company cao thang import export joint stock company hoan kiem investment joint stock company tan mai trading, processing and service joint stock company thang hoa joint stock company thinh phat commercial business joint stock company khai anh binh thuan joint stock company cashew organic bissau joint stock company viet phi agriculture joint stock company thang long food investment and processing joint stock company

Payment History

Purchase the report to access company details.

Financial Performance

Assets	18.26%
Owner’s Equity	-36.83%
Working Capital	1.68%
Net Worth	-82.62%
Sales	-0.02%
Operating income	-17.60%
EBIT	79.22%
Gross Profit Margin	-94.05%
Debt to EBITDA	41.76%

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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 (on request only)

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 THANG HOA JOINT STOCK COMPANY

When did THANG HOA JSC start operating?

THANG HOA JSC was started in 29 Apr 2008

What industry does THANG HOA JSC operate in?

THANG HOA JSC is operating in "Wholesale of agricultural raw materials (except wood, bamboo) and live animals" industry

How can I contact THANG HOA JSC?

THANG HOA JSC phone numbers is +84 986536289

What adverse news is there about THANG HOA JSC?

THANG HOA JSC’s has no negative news

What is stock symbol of THANG HOA JSC?

THANG HOA JSC is not listed company

Where is the location of THANG HOA JSC?

THANG HOA JSC is located at Doc 47 Industrial Cluster (leasing office of Thien Duc S.T.A.V Joint stock company), Tam Phuoc Ward, Bien Hoa City, Dong Nai Province, Vietnam

What is THANG HOA JSC’s business registration?

THANG HOA JSC business registration is 3600999639

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THANG HOA JOINT STOCK COMPANY

THANG HOA JOINT STOCK COMPANY

THANG HOA JOINT STOCK COMPANY

Company Overview

Financial Performance and Unusual Trends

Business Operations and Diversification

Management and Ownership

Future Outlook and Risks

Company Profile Report

Company Standard Report

Comprehensive Report

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THANG HOA JOINT STOCK COMPANY

THANG HOA JOINT STOCK COMPANY

THANG HOA JOINT STOCK COMPANY

Company Overview

Financial Performance and Unusual Trends

Business Operations and Diversification

Management and Ownership

Future Outlook and Risks

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

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