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TKG TAEKWANG CAN THO COMPANY LIMITED

Active

Business ID 1801449166

84-292 / 3868 096

TKG TAEKWANG CAN THO COMPANY LIMITED

Active

Business ID 1801449166

84-292 / 3868 096

TKG TAEKWANG CAN THO COMPANY LIMITED

Active

Summary

Name:

TKG TAEKWANG CAN THO COMPANY LIMITED

Business ID (TIN):

1801449166

Date of Registration:

07 Mar 2016

Registered Office:

Can Tho City Department of Planning and Investment

Address:

Hung Phu 2B Industrial Park, Phu Thu Ward, Cai Rang District, Can Tho City, Vietnam

Phone:

84-292 / 3868 096

Financial Statement:

2020, 2021, 2022, 2023, 2024

TKG TAEKWANG CAN THO COMPANY LIMITED (CÔNG TY TNHH TKG TAEKWANG CẦN THƠ) is a South Korean-invested enterprise specializing in footwear manufacturing, located in Can Tho City, Vietnam. Since its establishment in March 2016, TKG TAEKWANG CAN THO COMPANY LIMITED has evolved into one of the most prominent players in the region's industrial sector, producing components such as soles and insoles for major global brands. The company operates within the Hung Phu 2B Industrial Park in Cai Rang District, strategically positioned to leverage both workforce availability and Vietnam’s growing export infrastructure.

As of the end of 2023, TKG TAEKWANG CAN THO COMPANY LIMITED reported impressive financial results. Its total assets reached USD 146.16 million, and annual sales climbed to USD 235.72 million—representing a 13.07% year-over-year growth. Profit after tax stood at USD 21.62 million, marking a significant 28.76% increase compared to the previous year. The company's equity rose to USD 73.64 million, reflecting healthy capital accumulation and operational strength. Although the company recorded a negative working capital of USD -39.49 million, the strong equity base and consistent profitability suggest resilient financial management and long-term sustainability.

The company employs over 14,000 workers and plays a critical role in Vietnam’s position as a global manufacturing hub for sportswear and footwear. TKG TAEKWANG CAN THO COMPANY LIMITED is an essential supplier within Nike’s production chain, contributing to the brand’s network of eleven factories in southern Vietnam. Its parent company, TKG Taekwang Co., Ltd., owns 99.9% of the shares, indicating tight integration with South Korea’s broader industrial ecosystem.

Over the past few years, TKG TAEKWANG CAN THO COMPANY LIMITED has also demonstrated a strong commitment to sustainability and corporate responsibility. In partnership with its group companies, the firm has installed rooftop solar systems at its facilities in Vietnam, including the Can Tho site. This initiative is expected to reduce carbon emissions by more than 22,000 tons annually. Additionally, the company has actively participated in local labor welfare programs, including events supporting migrant workers during the Lunar New Year, underscoring its dedication to employee well-being.

While the company continues to expand and increase its export volume to key markets like the United States and South Korea, it faces the ongoing challenge of optimizing liquidity, as indicated by the negative working capital position. Nonetheless, the rising profit margin and equity growth suggest that TKG TAEKWANG CAN THO COMPANY LIMITED remains well-positioned to navigate operational challenges and pursue further growth opportunities in the years ahead.

In summary, TKG TAEKWANG CAN THO COMPANY LIMITED exemplifies the success of foreign direct investment in Vietnam’s manufacturing sector. With a robust export portfolio, integration into global supply chains, and a focus on both sustainability and profitability, the company is a benchmark for international manufacturers looking to establish or expand their footprint in Southeast Asia.

Legal Profile

English Name:

TKG TAEKWANG CAN THO COMPANY LIMITED

Vietnamese Name:

CÔNG TY TNHH TKG TAEKWANG CẦN THƠ

Short Name:

TKG TAEKWANG CAN THO CO., LTD

Business ID (TIN):

1801449166

Date of Registration:

07 Mar 2016

Registered Office:

Can Tho City Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

KANG Y

Address:

Hung Phu 2B Industrial Park, Phu Thu Ward, Cai Rang District, Can Tho City, Vietnam

Phone:

84-292 / 3868 096

Business Sector

Key business lines:

VSIC:

6810 Trading of own or rented property and land use rights

Industry Sales Growth

CAGR (2019 - 2023)

-0.24%

YoY (2023)

22.30%

Companies by industry

Company distribution and propportions

29,348

1.0094%

Key Industry Players

Top 10 companies in trading of own or rented property and land use rights industry

viglacera corporation - jsc vingroup joint stock company t&t group joint stock company idico corporation - jsc vinhomes joint stock company ecopark corporation joint stock company vincom retail operation company limited nam ha construction and trade, property joint stock company quoc loc phat joint stock company (translated name) branch in hung yen - vinhomes joint stock company

Payment History

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Financial Performance

Assets	-69.41%
Owner’s Equity	-38.09%
Working Capital	17.98%
Net Worth	-32.62%
Sales	7.55%
Operating income	-0.78%
EBIT	73.48%
Gross Profit Margin	39.93%
Debt to EBITDA	-73.58%

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Specific Questions About TKG TAEKWANG CAN THO COMPANY LIMITED

When did TKG TAEKWANG CAN THO COMPANY LIMITED start operating?

TKG TAEKWANG CAN THO COMPANY LIMITED was started in 07 Mar 2016

What industry does TKG TAEKWANG CAN THO COMPANY LIMITED operate in?

TKG TAEKWANG CAN THO COMPANY LIMITED is operating in "Trading of own or rented property and land use rights" industry

How can I contact TKG TAEKWANG CAN THO COMPANY LIMITED?

TKG TAEKWANG CAN THO COMPANY LIMITED phone numbers is 84-292 / 3868 096

What adverse news is there about TKG TAEKWANG CAN THO COMPANY LIMITED?

TKG TAEKWANG CAN THO COMPANY LIMITED’s has no negative news

What is stock symbol of TKG TAEKWANG CAN THO COMPANY LIMITED?

TKG TAEKWANG CAN THO COMPANY LIMITED is not listed company

Where is the location of TKG TAEKWANG CAN THO COMPANY LIMITED?

TKG TAEKWANG CAN THO COMPANY LIMITED is located at Hung Phu 2B Industrial Park, Phu Thu Ward, Cai Rang District, Can Tho City, Vietnam

What is TKG TAEKWANG CAN THO COMPANY LIMITED’s business registration?

TKG TAEKWANG CAN THO COMPANY LIMITED business registration is 1801449166

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