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OCEAN TRANSPORT COMPANY LIMITED

Active

Business ID 0900258562

OCEAN TRANSPORT COMPANY LIMITED

Active

Business ID 0900258562

OCEAN TRANSPORT COMPANY LIMITED

Active

Summary

Name:

OCEAN TRANSPORT COMPANY LIMITED

Business ID (TIN):

0900258562

Date of Registration:

14 Sep 2006

Registered Office:

Hung Yen Department of Planning and Investment

Address:

Pham Ngu Lao Street, Hong Chau Ward, Hung Yen City, Hung Yen Province, Vietnam

Financial Statement:

2019, 2020, 2021, 2022, 2023

DAI DUONG TRANSPORT COMPANY LIMITED (CÔNG TY TNHH VẬN TẢI ĐẠI DƯƠNG) is a privately held limited liability company that has recently made significant headlines for its extraordinary growth figures—yet these figures also raise questions that warrant deeper scrutiny. Established on 14 September 2006 under Business ID 0900258562, the company is based in Pham Ngu Lao Street, Hong Chau Ward, Hung Yen City, Hung Yen Province, Vietnam, and has been in operation for over 18 years.

Despite being modest in scale, with only 10 employees and a charter capital of approximately USD 1.19 million, the company’s financial performance in 2023 tells a bold story. Total assets jumped to USD 27.26 million, a 345.7% increase from the prior year, while sales exploded by 449.47%, reaching USD 132.49 million. However, this rapid revenue expansion was accompanied by a concerning loss of USD 167,242, and owner’s equity fell by 15.73% to USD 895,708, signaling that profitability has not kept pace with top-line growth.

Directed by Mr. Tran D. T., the company operates in a wide range of industries, with its core activity being the manufacture of structural metal products. However, it is also registered for mining (coal, peat, and lignite), coke manufacturing, waterway and road freight transport, and even shipbuilding—an unusually broad business scope for such a small company. The ownership is concentrated, with Ms. Le T. T. holding 80% and Mr. Tran D. T. holding 20% of the equity.

The mismatch between booming revenue, minimal staffing, and sustained net losses suggests potential operational or financial risk. For partners, suppliers, and investors, this makes DAI DUONG TRANSPORT COMPANY LIMITED a high-priority candidate for comprehensive verification.

Vanguard Business Information LLC (VBI) offers trusted business verification and risk management services, ideal for assessing companies showing unusual growth or inconsistencies. In this case, VBI’s reports can help clients uncover the underlying factors behind the company’s expansion, identify any financial red flags, and evaluate whether such explosive revenue is backed by stable operations or simply a temporary surge.

In short, DAI DUONG’s rapid rise draws attention—but only rigorous due diligence can confirm whether it signals long-term opportunity or short-term volatility.

Legal Profile

English Name:

OCEAN TRANSPORT COMPANY LIMITED

Vietnamese Name:

CÔNG TY TNHH VẬN TẢI ĐẠI DƯƠNG

Short Name:

CONG TY TNHH VAN TAI DAI DUONG

Business ID (TIN):

0900258562

Date of Registration:

14 Sep 2006

Registered Office:

Hung Yen Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

NGUYEN T.B

Address:

Pham Ngu Lao Street, Hong Chau Ward, Hung Yen City, Hung Yen Province, Vietnam

Former Address:

Room No. 101 Hotel Ngan Giang, Chu Manh Trinh Street, Hien Nam Ward , Hung Yen City, Hung Yen Province, Vietnam

Business Sector

Key business lines:

VSIC:

4932 Other passenger land transport

NACE:

49.39 Other passenger land transport n.e.c.

Industry Sales Growth

CAGR (2019 - 2023)

6.96%

YoY (2023)

18.85%

Companies by industry

Company distribution and propportions

7,259

0.2497%

Key Industry Players

Top 10 companies in other passenger land transport industry

ba na service cable car joint stock company bac giang bus joint stock company vitranimex transportation and trading joint stock company toan thang company limited. phuong trang futabuslines passenger car corporation fansipan sa pa cable car services & tourism limited liability company bao yen construction services, tourism company limited tan phi van services company limited ocean transport company limited lotte rent - a - car vina company limited

Payment History

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Financial Performance

Assets	-94.64%
Owner’s Equity	-3.46%
Working Capital	69.69%
Net Worth	79.41%
Sales	5.22%
Operating income	-39.48%
EBIT	48.32%
Gross Profit Margin	87.66%
Debt to EBITDA	-42.97%

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Contact and Location

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Business Operation

Assets

Owner's Equity

Sales

Profit

Company Standard Report

Legal Profile

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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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Historical Information

Business Locations

Subsidiary and Affiliated Company

Management and Directors

Shareholders

Business Operation

Suppliers

Buyers

Credit Limit

Industry Information

Key Industry Players

Competitors

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 OCEAN TRANSPORT COMPANY LIMITED

When did OCEAN TRANSPORT COMPANY LIMITED start operating?

OCEAN TRANSPORT COMPANY LIMITED was started in 14 Sep 2006

What industry does OCEAN TRANSPORT COMPANY LIMITED operate in?

OCEAN TRANSPORT COMPANY LIMITED is operating in "Other passenger land transport" industry

How can I contact OCEAN TRANSPORT COMPANY LIMITED?

OCEAN TRANSPORT COMPANY LIMITED don't share phone numbers information

What adverse news is there about OCEAN TRANSPORT COMPANY LIMITED?

OCEAN TRANSPORT COMPANY LIMITED’s has no negative news

What is stock symbol of OCEAN TRANSPORT COMPANY LIMITED?

OCEAN TRANSPORT COMPANY LIMITED is not listed company

Where is the location of OCEAN TRANSPORT COMPANY LIMITED?

OCEAN TRANSPORT COMPANY LIMITED is located at Pham Ngu Lao Street, Hong Chau Ward, Hung Yen City, Hung Yen Province, Vietnam

What is OCEAN TRANSPORT COMPANY LIMITED’s business registration?

OCEAN TRANSPORT COMPANY LIMITED business registration is 0900258562

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