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THUAN THANH ENVIRONMENT JOINT STOCK COMPANY

Active

Business ID 2300426314

84-222 / 3774 998

THUAN THANH ENVIRONMENT JOINT STOCK COMPANY

Active

Business ID 2300426314

84-222 / 3774 998

THUAN THANH ENVIRONMENT JOINT STOCK COMPANY

Active

Summary

Name:

THUAN THANH ENVIRONMENT JOINT STOCK COMPANY

Business ID (TIN):

2300426314

Date of Registration:

29 Apr 2009

Registered Office:

Bac Ninh Department of Planning and Investment

Address:

Ngoc Kham Quarter, Gia Dong Ward, Thuan Thanh Town, Bac Ninh Province, Vietnam

Phone:

84-222 / 3774 998

Financial Statement:

2020, 2021, 2022, 2023, 2024

THUAN THANH ENVIRONMENT JOINT STOCK COMPANY
CÔNG TY CỔ PHẦN MÔI TRƯỜNG THUẬN THÀNH

Situated in Bac Ninh Province, Thuan Thanh Environment Joint Stock Company has steadily grown into one of northern Vietnam’s major players in the environmental services and waste management sector. Officially established on 29 April 2009, the company has operated for over 16 years and is privately held under a joint-stock model. It is led by Mr. Vu V. D., who serves as Chairman, supported by Mr. Vu M. T. as Director and Mr. Doan V. H. as Deputy General Director.

The company’s core business focuses on collection, transportation, disposal, and recycling of garbage, sewage, and industrial waste, but its registered activities go far beyond. It holds licenses in materials recovery, wood processing, paper and plastic manufacturing, and even the production of iron, steel, and non-ferrous metals. This breadth reflects a strategy of vertical integration—maximizing value from waste materials through multiple stages of reuse and recycling.

In 2023, the company posted over USD 127 million total assets, marking a 13.86% increase year-on-year. Its sales revenue reached USD 112.3 million, continuing a strong upward trajectory with a 22.28% annual growth, following similar double-digit expansions in prior years. However, while revenue and asset growth remained solid, net profit declined by 17.19% compared to 2022, totaling just USD 6.39 million, down from USD 8.06 million in 2021. This may suggest increasing operational costs, capital expenditures, or regulatory compliance burdens in the environmental sector.

Despite this profit dip, the company maintained a healthy owner’s equity of USD 81.63 million, and its net worth held firm at USD 81.59 million. It also employs approximately 500 staff and operates a major waste treatment factory in Cuu Yen Hamlet, further reinforcing its operational capabilities and capacity to scale.

Ownership is concentrated, with Mr. Vu V. D. holding 55% of shares, followed by Mr. Nguyen T. K. with 40%, and Ms. Nguyen T. T. holding the remaining 5%. This structure allows for aligned decision-making and efficient strategic execution.

Through its official website https://thuanthanhenco.com, the company continues to promote its commitment to sustainable development, industrial waste processing, and environmental responsibility—an increasingly critical area as Vietnam tightens its environmental standards and expands green growth initiatives.

Clients and partners may request the full due diligence report available from VANGUARD BUSINESS INFORMATION LLC (VNBIS) for a deeper look into the company's financial structure, credit risks, and operational performance.

Legal Profile

English Name:

THUAN THANH ENVIRONMENT JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN MÔI TRƯỜNG THUẬN THÀNH

Short Name:

THUAN THANH EJS CO

Business ID (TIN):

2300426314

Date of Registration:

29 Apr 2009

Registered Office:

Bac Ninh Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ VU V.D

+ VU M.T

+ VU V.C

+ VU V.H

+ VU T.C

+ DOAN V.H

Address:

Ngoc Kham Quarter, Gia Dong Ward, Thuan Thanh Town, Bac Ninh Province, Vietnam

Phone:

84-222 / 3774 998

Factory Address:

Cuu Yen Hamlet, Ngu Thai Commune, Thuan Thanh Town, Bac Ninh Province, Vietnam

Business Sector

Key business lines:

VSIC:

3830 Materials recovery

NACE:

38.31 Materials recovery

Industry Sales Growth

CAGR (2019 - 2023)

13.21%

YoY (2023)

7.91%

Companies by industry

Company distribution and propportions

1,150

0.0396%

Key Industry Players

Top 10 companies in materials recovery industry

nguyet minh 2 trading-services-environment joint stock company nguyet minh 2 daiki aluminium trading services environment company limited minh hung paper joint stock company dung ngoc company limited matsuda sangyo (vietnam) company limited thanh vinh nonferrous metal im- export trade service production joint stock company thuan thanh environment joint stock company green star environment company limited khoi nguyen paper joint stock company lien doanh toan cau bn joint stock company

Payment History

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Financial Performance

Assets	35.54%
Owner’s Equity	-35.18%
Working Capital	41.59%
Net Worth	48.68%
Sales	-88.15%
Operating income	45.07%
EBIT	32.90%
Gross Profit Margin	-21.85%
Debt to EBITDA	-32.83%

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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 THUAN THANH ENVIRONMENT JOINT STOCK COMPANY

When did THUAN THANH ENVIRONMENT JSC start operating?

THUAN THANH ENVIRONMENT JSC was started in 29 Apr 2009

What industry does THUAN THANH ENVIRONMENT JSC operate in?

THUAN THANH ENVIRONMENT JSC is operating in "Materials recovery" industry

How can I contact THUAN THANH ENVIRONMENT JSC?

THUAN THANH ENVIRONMENT JSC phone numbers is 84-222 / 3774 998

What adverse news is there about THUAN THANH ENVIRONMENT JSC?

THUAN THANH ENVIRONMENT JSC’s has 54 bad news

What is stock symbol of THUAN THANH ENVIRONMENT JSC?

THUAN THANH ENVIRONMENT JSC is not listed company

Where is the location of THUAN THANH ENVIRONMENT JSC?

THUAN THANH ENVIRONMENT JSC is located at Ngoc Kham Quarter, Gia Dong Ward, Thuan Thanh Town, Bac Ninh Province, Vietnam

What is THUAN THANH ENVIRONMENT JSC’s business registration?

THUAN THANH ENVIRONMENT JSC business registration is 2300426314

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