TKG TAEKWANG VINA JOINT STOCK COMPANY
ActiveTKG TAEKWANG VINA JOINT STOCK COMPANY
ActiveTKG TAEKWANG VINA JOINT STOCK COMPANY
ActiveSummary
TKG TAEKWANG VINA JOINT STOCK COMPANY is a leading manufacturer of sports shoes in Vietnam, specializing in processing and exporting footwear for global brands. Established on July 13, 1994, the company operates as a foreign direct investment (FDI) enterprise, fully owned by TKG TAEKWANG CO., LTD from South Korea. Its headquarters are located at No. 8, Road 9A, Bien Hoa 2 Industrial Park, An Binh Ward, Bien Hoa City, Dong Nai Province, Vietnam, with additional factories in Dong Nai and Tien Giang, reinforcing its strong manufacturing presence.
As of 2023, TKG TAEKWANG VINA JOINT STOCK COMPANY reported total assets of USD 477.77 million, a 1.54% decline from the previous year. The company's total sales reached USD 1.01 billion, marking a 5.09% decrease, while net profit increased significantly by 48.92% to USD 42.17 million. Despite equity declining by 22.79% to USD 247.57 million, the company remains a key footwear producer in Vietnam, employing 32,000 workers to meet international demand.
The company specializes in footwear manufacturing and export, with a focus on high-performance sports shoes for global markets. In addition to its core footwear business, TKG TAEKWANG VINA JOINT STOCK COMPANY is involved in plastic and synthetic rubber production, real estate activities, and the manufacturing of fabricated metal products. Its state-of-the-art facilities and skilled workforce allow it to maintain a competitive edge in the global footwear industry.
Under the leadership of General Director Kang Yunseok, the company continues to expand its production capacity, enhance efficiency, and drive sustainable growth. With Vietnam's strong position in global footwear manufacturing, TKG TAEKWANG VINA JOINT STOCK COMPANY is well-placed to capitalize on the increasing demand for high-quality, affordable sports shoes.
VANGUARD BUSINESS INFORMATION (VBI) recognizes TKG TAEKWANG VINA JOINT STOCK COMPANY as a highly competitive enterprise in Vietnam's footwear industry, with strong export potential, advanced production capabilities, and a commitment to global quality standards. While recent financial data shows a slight decline in sales, the company’s rising profitability and strategic investments position it as a top choice for footwear brands, investors, and supply chain partners.
As Vietnam continues to grow as a global footwear manufacturing hub, TKG TAEKWANG VINA JOINT STOCK COMPANY stands out as a reliable partner for international brands seeking high-quality sports shoes and long-term production efficiency. VBI recommends the company for investors, global footwear retailers, and supply chain stakeholders looking for sustainable and scalable manufacturing solutions.
Legal Profile
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Industry Sales Growth
-1.82%
-10.80%
Companies by industry
3,432
0.1180%
Key Industry Players
Payment History
Financial Performance
| Assets | 72.86% |
| Owner’s Equity | -79.04% |
| Working Capital | -14.74% |
| Net Worth | -66.64% |
| Sales | -42.23% |
| Operating income | 9.71% |
| EBIT | 75.59% |
| Gross Profit Margin | -5.98% |
| Debt to EBITDA | 58.80% |