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TIEN THANH LIMITED COMPANY

Active

Business ID 3900235320

+84 913 880 267

TIEN THANH LIMITED COMPANY

Active

Business ID 3900235320

+84 913 880 267

TIEN THANH LIMITED COMPANY

Active

Summary

Name:

TIEN THANH LIMITED COMPANY

Business ID (TIN):

3900235320

Date of Registration:

22 Jun 1995

Registered Office:

Tay Ninh Province Department of Planning and Investment

Address:

Thanh Nam Hamlet, Thanh Tay Commune, Tan Bien District, Tay Ninh Province, Vietnam

Phone:

+84 913 880 267

Financial Statement:

2020, 2021, 2022, 2023, 2024

TIEN THANH LIMITED COMPANY (CÔNG TY TNHH TIẾN THÀNH) is a long-established Vietnamese enterprise operating in the synthetic rubber and plastics manufacturing sector. Founded in 1995 and headquartered in Tân Biên District, Tây Ninh Province, the company has nearly three decades of operational history. Registered under Business ID 3900235320, it operates as a privately held limited liability company with a charter capital of approximately USD 5.1 million, fully paid up as of the end of 2023. The company currently employs 110 staff and maintains an additional branch in Tân Châu District, Tây Ninh.

The primary business activity of TIEN THANH CO., LTD is the production of artificial rubber in primary forms, serving the industrial and manufacturing supply chains. Its secondary lines include metal forming, machining, and equipment repair. The firm also engages in wholesale distribution of agricultural raw materials, industrial machinery, and plastic products, contributing to a diversified yet vertically integrated operation.

Financially, TIEN THANH CO., LTD presents a mixed risk profile. In 2023, the company reported sales revenue of USD 175.96 million, marking a 22.68% decline from the previous year, likely reflecting reduced market demand or pricing pressures. At the same time, total assets decreased by 28.92%, falling to USD 34.55 million, which may indicate asset divestment or conservative balance sheet adjustments.

Despite the shrinking asset base and revenue decline, net profit increased modestly by 4.65% to USD 309,488, and owner’s equity rose by 4.2% to USD 7.65 million, suggesting operational stability and improved cost control. Furthermore, the company maintained a positive working capital of USD 5.21 million, indicating sound liquidity for its ongoing obligations.

Ownership is concentrated among three Vietnamese individuals: Mr. Nguyễn Văn Thành (Director, 45% ownership), Ms. Lương Thị Lan (30%), and Mr. Nguyễn Mạnh Khương (25%). This structure may offer decision-making agility but also underscores the importance of monitoring related-party risks and governance dynamics.

From a Business Verification Services and Credit Risk Monitoring perspective, TIEN THANH CO., LTD exhibits qualities of a resilient medium-sized manufacturer with reliable operations and balanced financial management. However, the company’s decline in revenue and total assets over two consecutive years should not be overlooked. For stakeholders and trading partners, VANGUARD BUSINESS INFORMATION LLC recommends conducting further due diligence, including access to Private Financial Data, Vietnam Litigation Reports, and Risk Management Services, especially if extending credit or engaging in long-term procurement.

In summary, TIEN THANH LIMITED COMPANY continues to operate profitably within its sector, supported by solid liquidity and operational continuity. Nevertheless, recent financial contractions signal the need for strategic recalibration and warrant closer attention from potential investors, partners, and suppliers seeking transparency and risk mitigation.

Legal Profile

English Name:

TIEN THANH LIMITED COMPANY

Vietnamese Name:

CÔNG TY TNHH TIẾN THÀNH

Short Name:

TIENTHANH LTD., CO

Business ID (TIN):

3900235320

Date of Registration:

22 Jun 1995

Registered Office:

Tay Ninh Province Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ NGUYEN V.T

+ NGUYEN V.H

Address:

Thanh Nam Hamlet, Thanh Tay Commune, Tan Bien District, Tay Ninh Province, Vietnam

Phone:

+84 913 880 267

Branch:

Group 3, Hamlet 6, Tan Hoa Commune, Tay Ninh Province, Vietnam

Business Sector

Key business lines:

VSIC:

2013 Manufacture of plastics and synthetic rubber in primary forms

Industry Sales Growth

CAGR (2019 - 2023)

4.66%

YoY (2023)

-9.31%

Companies by industry

Company distribution and propportions

1,279

0.0440%

Key Industry Players

Top 10 companies in manufacture of plastics and synthetic rubber in primary forms industry

the southern rubber industry joint stock company vina plasticizers chemical company limited agc chemicals vietnam company limited european plastic joint stock company tpc vina plastic and chemical corporation limited. phuc thanh vinh rubber co.,ltd viet thanh plastic trading and manufacturing joint stock company thuan loi rubber company limited linh huong production trading company limited tien thanh limited company

Payment History

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Financial Performance

Assets	23.00%
Owner’s Equity	54.01%
Working Capital	-62.46%
Net Worth	33.07%
Sales	-59.83%
Operating income	6.01%
EBIT	85.16%
Gross Profit Margin	28.13%
Debt to EBITDA	-97.56%

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Negative Payment Records

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Litigation Records; Negative News

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Profit and Loss Statement

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Opinion from Analysts

Specific Questions About TIEN THANH LIMITED COMPANY

When did TIEN THANH LIMITED COMPANY start operating?

TIEN THANH LIMITED COMPANY was started in 22 Jun 1995

What industry does TIEN THANH LIMITED COMPANY operate in?

TIEN THANH LIMITED COMPANY is operating in "Manufacture of plastics and synthetic rubber in primary forms" industry

How can I contact TIEN THANH LIMITED COMPANY?

TIEN THANH LIMITED COMPANY phone numbers is +84 913 880 267

What adverse news is there about TIEN THANH LIMITED COMPANY?

TIEN THANH LIMITED COMPANY’s has 1 bad news

What is stock symbol of TIEN THANH LIMITED COMPANY?

TIEN THANH LIMITED COMPANY is not listed company

Where is the location of TIEN THANH LIMITED COMPANY?

TIEN THANH LIMITED COMPANY is located at Thanh Nam Hamlet, Thanh Tay Commune, Tan Bien District, Tay Ninh Province, Vietnam

What is TIEN THANH LIMITED COMPANY’s business registration?

TIEN THANH LIMITED COMPANY business registration is 3900235320

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