UIL VIETNAM JOINT STOCK COMPANY

UIL VIETNAM JOINT STOCK COMPANY: A Surging Electronics Manufacturer Powering Ahead in Vietnam’s Tech Supply Chain

In a time when global manufacturing is under constant pressure, UIL VIETNAM JOINT STOCK COMPANY is rewriting the script. With a remarkable surge in profits and an assertive expansion in assets, this Bac Ninh-based electronics manufacturer is positioning itself as one of the most dynamic success stories in Vietnam's industrial sector. Established in 2010 and operating from the Que Vo Industrial Park, UIL VIETNAM JOINT STOCK COMPANY has grown into a 2,100-employee strong operation, supplying a wide array of precision components for the tech and electronics world—everything from SIM card trays to plastic charger covers and laptop parts.

Backed by overwhelming foreign ownership—99.98% held by UIL INTERNATIONAL LIMITED, a Hong Kong-based entity—this is no ordinary local enterprise. With South Korean leadership at the helm, including Chairman Mr. Kim Sigyoon and General Director Mr. Cho Young Gyun, the company benefits from a strategic blend of regional expertise and global vision. Its FDI structure gives it access to stable international capital while capitalizing on Vietnam’s cost-efficient labor force and favorable trade position.

The financials tell a story worth reading twice. In 2023, UIL VIETNAM posted USD 213.5 million in revenue, a 3.98% increase over the previous year. But the real eye-catcher? A staggering 59.08% jump in net profit, hitting USD 9.02 million, up from just USD 5.67 million in 2022. This comes on the heels of a 31.19% surge in total assets, which ballooned to over USD 111 million. In an environment where many manufacturers are struggling to maintain margin, UIL VIETNAM JOINT STOCK COMPANY is not just surviving—it is thriving.

Yet even with all this momentum, some caution is warranted. The company’s working capital fell by over 12% in 2023, which may suggest tighter liquidity management or rising short-term obligations. Nevertheless, with owner’s equity growing to USD 64.58 million and net worth reaching nearly USD 62 million, the company's financial core remains resilient. It has the balance sheet strength to navigate supply chain turbulence or economic headwinds that could impact global electronics demand.

Perhaps what makes UIL VIETNAM JOINT STOCK COMPANY so compelling is its strategic agility. It is not only a manufacturer of electronic components, but also engages in plastics, metal products, vehicle parts, and equipment repair—an ecosystem of interrelated activities that allow it to pivot as needed. From camera module frames to rear phone cases, its offerings keep it relevant to top-tier tech assemblers.

For investors, suppliers, and multinational procurement teams, UIL VIETNAM represents a rare mix of financial growth, operational scale, and strategic positioning. It’s the kind of industrial partner that can anchor a supply chain or spark a joint venture.

To verify its credibility, assess litigation risks, or understand long-term financial health, VANGUARD BUSINESS INFORMATION LLC (VBI) provides the comprehensive due diligence services that help stakeholders engage confidently with powerhouses like UIL VIETNAM JOINT STOCK COMPANY.

This is one company to watch—and perhaps one to work with—if you're building anything in Asia’s booming electronics future.