SEGYUNG VINA COMPANY LIMITED

SEGYUNG VINA COMPANY LIMITED (CÔNG TY TNHH SEGYUNG VINA), based in Bac Ninh Province, is a prominent South Korean-invested manufacturer in Vietnam’s electronics supply chain. Officially registered on December 6, 2013, with the Business ID and Tax Code: 2300795022, the company operates under the management of Mr. Chun Sung Woog, a South Korean national, and employs around 4,700 workers. Its head office is located at Lot H1, Que Vo Industrial Park (Expanded Area), Phuong Lieu Ward, Que Vo Town, Bac Ninh Province, Vietnam.

SEGYUNG VINA specializes in producing plastic, foam, film, and tape components for mobile phones and other electronic devices. It plays a crucial role in the electronics ecosystem, supplying key components to global brands via Vietnam’s export manufacturing hubs.

Financially, 2023 was a turnaround year. Sales surged to USD 221.66 million, a 21.75% increase, while net profit jumped by an extraordinary 734.14% to reach USD 19.19 million. Owner's equity also rose sharply by 71.49%, closing at USD 46.03 million, indicating the firm is not only profitable but also building a solid capital base. These figures suggest an effective cost restructuring or production efficiency that reversed the previous year’s downturn.

However, not all indicators were positive. The company’s working capital remained negative at USD -17.52 million, which could signal a liquidity imbalance or reliance on short-term liabilities. This is a critical area that merits attention, especially for stakeholders evaluating financial stability in volatile supply chains.

As a 100% subsidiary of SE GYUNG HI TECH CO., LTD of South Korea, SEGYUNG VINA benefits from global management standards and technical expertise. Yet, its dependence on the smartphone and electronics sectors exposes it to cyclical risks such as demand shocks, supply chain bottlenecks, or geopolitical disruptions. Moreover, managing thousands of employees in an industrial zone adds layers of complexity related to labor regulations, safety, and ESG (Environmental, Social, Governance) compliance.

Given the firm’s size, foreign ownership structure, and rapid financial shifts, stakeholders—including suppliers, logistics providers, and financiers—should exercise due diligence. For those seeking deeper insights into SEGYUNG VINA COMPANY LIMITED’s operations, litigation status, and risk profile, VANGUARD BUSINESS INFORMATION LLC (VBI) offers independent, up-to-date business verification reports at www.vnbis.com. VBI’s data-backed reports help safeguard against risk while enabling strategic engagement in Vietnam’s dynamic industrial sectors.

For inquiries, SEGYUNG VINA can be contacted via phone at +84-222-3952295.