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HOA BINH MINH CORPORATION COMPANY LIMITED

Active

Business ID 5200213156

84-216 / 3867567

HOA BINH MINH CORPORATION COMPANY LIMITED

Active

Business ID 5200213156

84-216 / 3867567

HOA BINH MINH CORPORATION COMPANY LIMITED

Active

Summary

Name:

HOA BINH MINH CORPORATION COMPANY LIMITED

Business ID (TIN):

5200213156

Date of Registration:

29 May 2003

Registered Office:

Yen Bai Department of Planning and Investment

Address:

Group 2, Hoang Hoa Tham Street, Nguyen Thai Hoc Ward, Yen Bai City, Yen Bai Province, Vietnam

Phone:

84-216 / 3867567

Financial Statement:

2020, 2021, 2022, 2023, 2024

There’s something resilient about HOA BINH MINH CORPORATION COMPANY LIMITED.

Born more than two decades ago in Yen Bai Province — far from the booming lights of Hanoi or Ho Chi Minh City — this company has quietly but surely made its mark. Officially registered on May 29, 2003, under Business ID 5200213156, Hoa Binh Minh today operates actively across construction materials, motorbikes, automobiles, and even livestock farming. It’s a sprawling business, proudly Vietnamese, privately owned by Mr. Bui Minh Luc (holding 65%) and Ms. Nguyen Thi Hien (holding 35%).

Financially, however, the past few years haven’t been kind. By the end of 2023, the company’s total assets had shrunk to USD 35.47 million, a steep fall of 36.37% compared to the previous year. Revenue also dropped sharply to USD 346.96 million, down 23.76%, and profits plummeted by nearly 58% to just USD 444,292. Working capital turned negative at USD -11.09 million, signaling liquidity stress. It's clear that Hoa Binh Minh is feeling the pinch of Vietnam’s cooling construction sector and the fierce competition in automotive trading.

Yet, despite these tough numbers, the company’s spirit remains. Under the leadership of General Director Bui Minh Lucand Deputy General Directors Nguyen Thi Hien and Nguyen Thi Hong Lan, Hoa Binh Minh continues to employ 4,000 people nationwide. That’s 4,000 families depending on the company’s ability to weather storms. Its broad portfolio — from motorbikes to steel, from construction materials to pig farming — shows a survival instinct, an unwillingness to be cornered by one industry’s ups and downs.

Hoa Binh Minh is, in many ways, a symbol of Vietnam’s mid-sized family businesses: ambitious, adaptable, occasionally battered by market forces, but deeply rooted in hard work and hope. Going forward, it’s clear the company will need to sharpen its focus, rethink its cash management, and possibly consolidate its diverse operations. But if history is any guide, it would be unwise to count them out just yet.

Legal Profile

English Name:

HOA BINH MINH CORPORATION COMPANY LIMITED

Vietnamese Name:

CÔNG TY TNHH TỔNG CÔNG TY HOÀ BÌNH MINH

Short Name:

TONG CONG TY HOA BINH MINH

Business ID (TIN):

5200213156

Date of Registration:

29 May 2003

Registered Office:

Yen Bai Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ BUI M.L

+ NGUYEN T.H

+ NGUYEN T.H.L

Address:

Group 2, Hoang Hoa Tham Street, Nguyen Thai Hoc Ward, Yen Bai City, Yen Bai Province, Vietnam

Phone:

84-216 / 3867567

Representative office:

Group 17, Yen Nghia Ward, Ha Dong District, Ha Noi City, Vietnam

Branch:

No. 2/123, Quarter Hoa Lan 2, Thuan Giao Ward, Thuan An City, Binh Duong Province, Vietnam

Branch:

Quarter 3, Tam Hoa Ward, Bien Hoa City, Dong Nai Province, Vietnam

Representative office:

Lot 8A, Dong Khoi Street, Quarter 4, Tan Hiep Ward, Bien Hoa City, Dong Nai Province, Vietnam

Branch:

No. 29, Group 7, Le Hoan Street, Quang Trung Ward, Phu Ly City, Ha Nam Province, Vietnam

Branch:

50A, Highway 1A, Ba Lang Ward, Cai Rang District, Can Tho City, Vietnam

Branch:

No. 1/26, Highway 13, Hiep Binh Phuoc Ward, Thu Duc City, Ho Chi Minh City, Vietnam

Branch:

Quarter 4, Van Phu Ward, Viet Tri City, Phu Tho Province, Vietnam

Branch:

161 Highway1A, Nhu Xuan Village, Vinh Phuong Commune, Nha Trang City, Khanh Hoa Province, Vietnam

Business Sector

Key business lines:

VSIC:

4663 Wholesale of construction materials and other installation supplies

NACE:

46.73 Wholesale of wood, construction materials and sanitary equipment

Industry Sales Growth

CAGR (2019 - 2023)

3.64%

YoY (2023)

-5.00%

Companies by industry

Company distribution and propportions

72,171

2.4824%

Key Industry Players

Top 10 companies in wholesale of construction materials and other installation supplies industry

prime trading, import and export one member limited liability company viet hai trading and transportation company limited rita võ group company limited (translated name) hoa binh minh corporation company limited my viet trading company limited viglacera ceramic tiles trading joint stock company nam phuong investment and trading company limited omanco material viet nam company limited scg cement-building materials vietnam limited liability company dong phuong – pdl services and production trading company limited

Payment History

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Financial Performance

Assets	-68.46%
Owner’s Equity	-64.46%
Working Capital	21.46%
Net Worth	-23.48%
Sales	-55.64%
Operating income	3.72%
EBIT	-37.83%
Gross Profit Margin	-26.77%
Debt to EBITDA	-56.80%

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Contact and Location

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Shareholders

Business Operation

Assets

Owner's Equity

Sales

Profit

Company Standard Report

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EBT

EBITDA

Working Capital

Tangible Net Worth

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Comprehensive Report

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Legal Profile

Historical Information

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Subsidiary and Affiliated Company

Management and Directors

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Business Operation

Suppliers

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Credit Limit

Industry Information

Key Industry Players

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Negative Payment Records

Banking Information

Litigation Records; Negative News

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Opinion from Analysts

Specific Questions About HOA BINH MINH CORPORATION COMPANY LIMITED

When did HOA BINH MINH CORPORATION COMPANY LIMITED start operating?

HOA BINH MINH CORPORATION COMPANY LIMITED was started in 29 May 2003

What industry does HOA BINH MINH CORPORATION COMPANY LIMITED operate in?

HOA BINH MINH CORPORATION COMPANY LIMITED is operating in "Wholesale of construction materials and other installation supplies" industry

How can I contact HOA BINH MINH CORPORATION COMPANY LIMITED?

HOA BINH MINH CORPORATION COMPANY LIMITED phone numbers is 84-216 / 3867567

What adverse news is there about HOA BINH MINH CORPORATION COMPANY LIMITED?

HOA BINH MINH CORPORATION COMPANY LIMITED’s has no negative news

What is stock symbol of HOA BINH MINH CORPORATION COMPANY LIMITED?

HOA BINH MINH CORPORATION COMPANY LIMITED is not listed company

Where is the location of HOA BINH MINH CORPORATION COMPANY LIMITED?

HOA BINH MINH CORPORATION COMPANY LIMITED is located at Group 2, Hoang Hoa Tham Street, Nguyen Thai Hoc Ward, Yen Bai City, Yen Bai Province, Vietnam

What is HOA BINH MINH CORPORATION COMPANY LIMITED’s business registration?

HOA BINH MINH CORPORATION COMPANY LIMITED business registration is 5200213156

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