PROLooking for more than just a company report? Upgrade to Pro now

PHAT TIEN TRADING AND SERVICES COMPANY LIMITED

Active

Business ID 0301049150

84-28 / 3866 1953

PHAT TIEN TRADING AND SERVICES COMPANY LIMITED

Active

Business ID 0301049150

84-28 / 3866 1953

PHAT TIEN TRADING AND SERVICES COMPANY LIMITED

Active

Summary

Name:

PHAT TIEN TRADING AND SERVICES COMPANY LIMITED

Business ID (TIN):

0301049150

Date of Registration:

10 Jan 1998

Registered Office:

Ho Chi Minh Department of Planning and Investment

Address:

16 Lu Gia, Ward 15, District 11, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3866 1953

Fax:

(84-28) 3866 0220

Financial Statement:

2020, 2021, 2022, 2023, 2024

PHAT TIEN TRADING AND SERVICES COMPANY LIMITED (PHATICO, LTD), established on January 10, 1998, is a long-standing enterprise in Vietnam’s motorcycle trading industry, primarily engaged in the sale and servicing of Honda motorcycles. The company is registered under Business ID: 0301049150 with the Ho Chi Minh City Department of Planning and Investment, and operates from its headquarters at 16 Lu Gia, Ward 15, District 11, Ho Chi Minh City. With over 800 employees and a charter capital of USD 32.86 million, Phat Tien has built one of the largest motorcycle retail networks in southern Vietnam, maintaining branches in Long An and multiple Ho Chi Minh City districts.

Key Management and Ownership

The company is led by Chairman Ho M. T., holding a 66% ownership stake, while Ms. Nguyen T. N. D. owns 34%. The executive team includes Director Ho V. P. and Chief Accountant Huynh T. M. N. Together, they have steered Phat Tien through more than 27 years of growth, positioning it as one of Honda’s major authorized distributors and service partners in Vietnam.

Financial Highlights – Assets Rise, but Profit Declines Sharply

As of December 31, 2023, PHAT TIEN TRADING AND SERVICES COMPANY LIMITED recorded total assets of USD 76.59 million, a 10.66% increase compared to 2022. Owner’s equity also rose by 17.25%, reaching USD 29.68 million, reflecting capital expansion and asset growth. However, the most striking financial signal lies in the sharp decline in profitability.

The company’s sales revenue decreased to USD 107.38 million, down 11.42% year-on-year, following a three-year downward trend. More notably, net profit plunged to a loss of USD 3.35 million, a 488% drop compared with the previous year. This steep decline indicates rising operational costs, shrinking sales margins, and potentially slower consumer demand for motorcycles amid market saturation and tightening credit conditions.

Working Capital and Risk Indicators

The company’s working capital of USD –178,999 highlights liquidity strain, possibly due to heavy inventory investment and dealership-related payables. While total assets continue to grow, the negative cash flow and consistent profit deterioration raise concerns regarding short-term debt servicing and operational efficiency.

Credit and Business Outlook

Despite financial pressures, PHAT TIEN TRADING AND SERVICES COMPANY LIMITED remains recognized in Vietnam’s motorcycle industry, supported by its strong brand relationship with Honda and extensive retail network. However, its declining sales and profitability require closer credit monitoring and prudent working capital management. Suppliers and financial institutions should exercise caution, emphasizing payment behavior, inventory turnover, and liquidity management before extending further credit lines.

For an in-depth credit evaluation and risk assessment, Vanguard Business Information LLC (VBI) provides detailed Financial and Due Diligence Reports on PHAT TIEN TRADING AND SERVICES COMPANY LIMITED and other major enterprises in Vietnam—helping clients minimize financial risks and make confident business decisions.

Legal Profile

English Name:

PHAT TIEN TRADING AND SERVICES COMPANY LIMITED

Vietnamese Name:

CÔNG TY TNHH THƯƠNG MẠI VÀ DỊCH VỤ PHÁT TIẾN

Short Name:

PHATICO. LTD

Business ID (TIN):

0301049150

Date of Registration:

10 Jan 1998

Registered Office:

Ho Chi Minh Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ HO M.T

+ HO V.P

+ HUYNH T.M.N

Address:

16 Lu Gia, Ward 15, District 11, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3866 1953

Fax:

(84-28) 3866 0220

Branch:

No. 29, National Road 1A, Quarter 3, Ben Luc Town, Ben Luc District, Long An Province, Vietnam

Branch:

No. 245, Xo Viet Nghe Tinh Street, Ward 17, Binh Thanh District, Ho Chi Minh City, Vietnam

Branch:

No. 46-48, No Trang Long Street, Ward 14, Binh Thanh District, Ho Chi Minh City, Vietnam

Branch:

No. 406A, Le Trong Tan Street, Tay Thanh Ward, Tan Phu District, Ho Chi Minh City, Vietnam

Branch:

No. 268, Tay Thanh Street, Tay Thanh Ward, Tan Phu District, Ho Chi Minh City, Vietnam

Branch:

No. 726A, Cach Mang Thang Tam Street, Ward 5, Tan Binh District, Ho Chi Minh City, Vietnam

Branch:

No. 391-391A-391C, Le Trong Tan Street, Son Ky Ward, Tan Phu District, Ho Chi Minh City, Vietnam

Branch:

No. 136D, Mai Chi Tho Street, An Phu Ward, District 2, Ho Chi Minh City, Vietnam

Branch:

No. 108, Tran Dai Nghia Street, Quarter 6, Tan Tao A Ward, Binh Tan District, Ho Chi Minh City, Vietnam

Representative office:

Floor 5th, Lu Gia Trade Service Apartment, No. 70, Lu Gia Street, Ward 15, District 11, Ho Chi Minh City, Vietnam

Branch:

Land 111549, Map No. 3, Ward 6, Tan An City, Long An Province, Vietnam

Branch:

No. 57(59A), Cach Mang Thang Tam Street, An Hoa Ward, Ninh Kieu District, Can Tho City, Vietnam

Branch:

No. 165, Pasteur Street, Ward 6, District 3, Ho Chi Minh City, Vietnam

Branch:

No. 257-259, Khanh Hoi Street, Ward 5, District 4, Ho Chi Minh City, Vietnam

Branch:

No. 734-736, Cach Mang Thang Tam Street, Ward 5, Tan Binh District, Ho Chi Minh City, Vietnam

Transaction office:

No. 285, Cach Mang Thang Tam Street, Ward 12, District 10, Ho Chi Minh City, Vietnam

Business Sector

Key business lines:

VSIC:

4541 Sale of motorcycles

Industry Sales Growth

CAGR (2019 - 2023)

-1.05%

YoY (2023)

-9.63%

Companies by industry

Company distribution and propportions

5,337

0.1836%

Key Industry Players

Top 10 companies in sale of motorcycles industry

phat tien trading and services company limited bình minh company limited (translated name) tien thu company limited hoa binh company limited hoang viet motors company limited (translated name) hoa binh minh company limited viet nhat trading and service general company limited (translated name) quang vinh general company limited (translated name) i-ha tinh trading joint stock company thanh hai motor trading company limited

Payment History

Purchase the report to access company details.

Financial Performance

Assets	-83.22%
Owner’s Equity	3.17%
Working Capital	1.93%
Net Worth	15.48%
Sales	47.34%
Operating income	74.42%
EBIT	36.72%
Gross Profit Margin	54.33%
Debt to EBITDA	60.30%

📈 📊

Company Reports

Company Profile Report

Legal Profile

Contact and Location

Legal Representative

Shareholders

Business Operation

Assets

Owner's Equity

Sales

Profit

Company Standard Report

Legal Profile

Business Locations

Legal Representative

EBT

EBITDA

Working Capital

Tangible Net Worth

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Comprehensive Report

Report Summary

Legal Profile

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 PHAT TIEN TRADING AND SERVICES COMPANY LIMITED

When did PHAT TIEN TRADING AND SERVICES COMPANY LIMITED start operating?

PHAT TIEN TRADING AND SERVICES COMPANY LIMITED was started in 10 Jan 1998

What industry does PHAT TIEN TRADING AND SERVICES COMPANY LIMITED operate in?

PHAT TIEN TRADING AND SERVICES COMPANY LIMITED is operating in "Sale of motorcycles" industry

How can I contact PHAT TIEN TRADING AND SERVICES COMPANY LIMITED?

PHAT TIEN TRADING AND SERVICES COMPANY LIMITED phone numbers is 84-28 / 3866 1953

What adverse news is there about PHAT TIEN TRADING AND SERVICES COMPANY LIMITED?

PHAT TIEN TRADING AND SERVICES COMPANY LIMITED’s has no negative news

What is stock symbol of PHAT TIEN TRADING AND SERVICES COMPANY LIMITED?

PHAT TIEN TRADING AND SERVICES COMPANY LIMITED is not listed company

Where is the location of PHAT TIEN TRADING AND SERVICES COMPANY LIMITED?

PHAT TIEN TRADING AND SERVICES COMPANY LIMITED is located at 16 Lu Gia, Ward 15, District 11, Ho Chi Minh City, Vietnam

What is PHAT TIEN TRADING AND SERVICES COMPANY LIMITED’s business registration?

PHAT TIEN TRADING AND SERVICES COMPANY LIMITED business registration is 0301049150

My Order (0)

PHAT TIEN TRADING AND SERVICES COMPANY LIMITED