TAN PHU AUTO TRANSPORT COOPERATIVE

TAN PHU AUTO TRANSPORT COOPERATIVE (HTX VẬN TẢI Ô TÔ TÂN PHÚ) is a well-established Vietnamese transportation cooperative headquartered in Thai Nguyen Province, operating primarily in freight transport by road. With more than 145 employees and years of operational experience, the cooperative has developed into a reliable logistics partner for regional and national cargo delivery.

In 2024, the cooperative demonstrated both growth and stability, despite fluctuations in profitability. Total assets reached USD 33.4 million, an 18.39 percent year-on-year increase, while sales grew 18.88 percent to USD 122.84 million, underscoring the strength of its transportation network and client base. However, net profit declined slightly to USD 80,603, and owner’s equity dropped to USD 9.06 million, reflecting tighter margins and higher operational costs in an increasingly competitive logistics market.

The company’s working capital stood at USD 5.55 million, suggesting sound liquidity and a manageable balance between receivables and payables. With a charter capital of USD 4.75 million and a paid-up capital of USD 9.66 million, the cooperative maintains a modest but solid financial foundation. Its registration under TIN 4600111735 confirms legal compliance and ongoing active status.

From a credit management perspective, TAN PHU AUTO TRANSPORT COOPERATIVE presents a moderate financial risk profile. The consistent growth in revenue and assets reflects strong market demand and operational capability. At the same time, the decline in equity and profit signals the need for stricter cost controls and greater efficiency.

According to Vanguard Business Information LLC (VNBIS), the cooperative remains a credible business partner in Vietnam’s transport sector. Businesses engaging with this entity should benefit from its extensive logistics reach while maintaining prudent credit terms to Minimize Financial Risks and Maximize Business Opportunities.