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THINH PHAT COMMERCIAL BUSINESS JOINT STOCK COMPANY

Active

Business ID 0107064334

84-24 / 3823 8025 / 3823 8026

THINH PHAT COMMERCIAL BUSINESS JOINT STOCK COMPANY

Active

Business ID 0107064334

84-24 / 3823 8025 / 3823 8026

THINH PHAT COMMERCIAL BUSINESS JOINT STOCK COMPANY

Active

Summary

Name:

THINH PHAT COMMERCIAL BUSINESS JOINT STOCK COMPANY

Business ID (TIN):

0107064334

Date of Registration:

26 Oct 2015

Registered Office:

Ha Noi City Department of Planning and Investment

Address:

No. 52, Ba Trieu Street, Hang Bai Ward, Hoan Kiem District, Ha Noi City, Vietnam

Phone:

84-24 / 3823 8025 / 3823 8026

Financial Statement:

2020, 2021, 2022, 2023, 2024

THINH PHAT COMMERCIAL BUSINESS JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN KINH DOANH THƯƠNG MẠI THỊNH PHÁT) is a privately held joint stock company established on October 26, 2015, and registered with the Hanoi City Department of Planning and Investment. The company operates in the wholesale trade of agricultural raw materials, specializing in supplying key ingredients for livestock feed production. Over the past nine years, it has expanded its market presence, leveraging Vietnam’s growing demand for agricultural and livestock-related products. Operating under Tax Identification Number (TIN) 0107064334, the company’s headquarters is located in Hoan Kiem District, Hanoi.

The company is led by Chairman cum Director Duong Van Can, who oversees its strategic direction and daily operations. While shareholder information remains partially undisclosed, Sai Gon - Hanoi Insurance Corporation holds a notable 18% stake, indicating institutional backing.

In recent years, THINH PHAT COMMERCIAL BUSINESS JOINT STOCK COMPANY has witnessed significant financial growth. In 2023, total assets surged to USD 400.48 million, up 19.12% from the previous year, while total sales climbed to USD 681.26 million, reflecting a 10.75% increase. Despite these gains, profitability remained modest, with net profit at USD 294,817, up only 2.27% year-over-year, suggesting tight margins in the competitive agricultural supply sector. Additionally, owner’s equity grew to USD 7.18 million, indicating financial stability and reinvestment into operations.

Beyond wholesale trade, the company has diversified into manufacturing fiber optic cables, vegetable and animal oils, cattle and poultry feed, and processed food products. It is also engaged in inland and marine aquaculture, fisheries processing, and beverage distribution, expanding its business lines beyond agriculture. Moreover, market research, advertising, and event organization have been incorporated into its portfolio, signaling an effort to broaden revenue streams.

With Vietnam’s agribusiness and food production industries evolving rapidly, access to reliable business intelligence is crucial for investors and market participants. Understanding the financial stability, credit risk, and operational scope of key players like THINH PHAT COMMERCIAL BUSINESS JOINT STOCK COMPANY is essential for business expansion and investment decisions. Companies seeking accurate, up-to-date corporate information rely on VANGUARD BUSINESS INFORMATION LLC (VBI), a leader in business intelligence, financial analysis, and risk assessment services. By offering detailed company reports and industry insights, VBIhelps businesses evaluate market potential, assess financial risks, and explore strategic partnerships within Vietnam’s agricultural and food supply sectors.

Legal Profile

English Name:

THINH PHAT COMMERCIAL BUSINESS JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN KINH DOANH THƯƠNG MẠI THỊNH PHÁT

Short Name:

TP BUSI., JSC

Business ID (TIN):

0107064334

Date of Registration:

26 Oct 2015

Registered Office:

Ha Noi City Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

DUONG V.C

Address:

No. 52, Ba Trieu Street, Hang Bai Ward, Hoan Kiem District, Ha Noi City, Vietnam

Phone:

84-24 / 3823 8025 / 3823 8026

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

27,992

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

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Financial Performance

Assets	60.72%
Owner’s Equity	54.48%
Working Capital	-10.93%
Net Worth	-49.95%
Sales	58.36%
Operating income	58.87%
EBIT	21.31%
Gross Profit Margin	-14.62%
Debt to EBITDA	64.38%

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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 THINH PHAT COMMERCIAL BUSINESS JOINT STOCK COMPANY

When did THINH PHAT COMMERCIAL BUSINESS JSC start operating?

THINH PHAT COMMERCIAL BUSINESS JSC was started in 26 Oct 2015

What industry does THINH PHAT COMMERCIAL BUSINESS JSC operate in?

THINH PHAT COMMERCIAL BUSINESS JSC is operating in "Wholesale of agricultural raw materials (except wood, bamboo) and live animals" industry

How can I contact THINH PHAT COMMERCIAL BUSINESS JSC?

THINH PHAT COMMERCIAL BUSINESS JSC phone numbers is 84-24 / 3823 8025 / 3823 8026

What adverse news is there about THINH PHAT COMMERCIAL BUSINESS JSC?

THINH PHAT COMMERCIAL BUSINESS JSC’s has no negative news

What is stock symbol of THINH PHAT COMMERCIAL BUSINESS JSC?

THINH PHAT COMMERCIAL BUSINESS JSC is not listed company

Where is the location of THINH PHAT COMMERCIAL BUSINESS JSC?

THINH PHAT COMMERCIAL BUSINESS JSC is located at No. 52, Ba Trieu Street, Hang Bai Ward, Hoan Kiem District, Ha Noi City, Vietnam

What is THINH PHAT COMMERCIAL BUSINESS JSC’s business registration?

THINH PHAT COMMERCIAL BUSINESS JSC business registration is 0107064334

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