THIEN A IMPORT - EXPORT JOINT STOCK COMPANY

THIEN A IMPORT – EXPORT JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN XUẤT NHẬP KHẨU THIÊN Á) is a privately held enterprise that has been active in Vietnam’s machinery and industrial equipment trading sector for almost two decades. Established on July 19, 2005, under Business ID 0101726782, the company is headquartered on the 5th Floor, No. 92 Ha Yen Quyet Street, Yen Hoa Ward, Cau Giay District, Ha Noi City, and operates a large general warehouse at Km 3, Phan Trong Tue Street, Thanh Tri District, Ha Noi City.

A Recognized Machinery and Industrial Supplier

THIEN A., JSC has developed into a trusted name in the wholesale of machinery, metals, and construction materials, and also engages in commission agency, industrial equipment repair, and freight transport services. Over the years, the company has earned a strong position in supplying steel products, cable systems, lifting chains, hoists, welding equipment, and power tools to major clients across Vietnam’s construction and manufacturing industries. It also participates in food trading and property management, which allows it to diversify income streams and balance cyclical fluctuations in the machinery sector.

Leadership and Corporate Structure

The company is led by Mr. Mai X. Q., who serves as Chairman and holds 80 percent of the total shares, ensuring long-term stability and a clear strategic direction. Mr. Mai Q. T. holds the position of Director and manages day-to-day business activities. At the same time, Ms. Nguyen T. P. owns 5 percent of the company and contributes to administrative coordination and customer relations. The leadership structure reflects a family-led model, which helps maintain consistency, flexibility, and fast decision-making in a competitive trading environment.

Financial Performance Overview

THIEN A Import—Export Joint Stock Company has shown continuous asset growth over the past three years, reflecting both reinvestment and operational expansion. Total assets reached USD 48.36 million in 2023, representing a 25.56 percent increase year over year. Equity also rose to USD 13.16 million, showing that the company continues strengthening its financial foundation and maintaining shareholders' confidence.

However, the company’s sales and profits have declined, signaling a period of adjustment in its business cycle. Total sales dropped from USD 119.4 million in 2022 to USD 105.58 million in 2023, a decline of 11.6 percent, while net profit fell by 33.68 percent to USD 468,605. This reduction suggests market conditions or rising input costs have pressured margins, which may require closer financial control or diversification in sourcing and client strategy.

Despite this, the company maintains a healthy working capital of USD 12.16 million, indicating good liquidity and a solid capacity to meet short-term obligations. This financial cushion helps sustain operations and provides flexibility in expanding import and export activities.

Business Standing and Outlook

With nearly twenty years of experience, THIEN A Import – Export Joint Stock Company remains a key industrial equipment and machinery supplier in northern Vietnam. Its solid asset base, experienced leadership, and broad distribution channels have ensured its relevance in a highly competitive sector.

Although profitability has softened, the company’s long operating history, positive working capital, and established reputation with domestic and international partners demonstrate operational strength. For business partners, THIEN A represents a reliable and financially stable enterprise that continues to grow while adapting to the challenges of the global supply chain and changing market conditions.

THIEN A Import – Export Joint Stock Company is a well-established trading enterprise combining a strong capital foundation and a diversified business structure. Its growth in assets and equity reflects a healthy financial position. At the same time, its recent dip in profit highlights a transition period in which the company is likely adjusting its cost management and operational strategy. For business partners and investors, THIEN A remains a reputable company in Vietnam’s machinery and industrial trading industry.