VIETNAM JAPAN INTERNATIONAL METAL WARES JOINT STOCK COMPANY

VIETNAM JAPAN INTERNATIONAL METAL WARES JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN KIM KHÍ QUỐC TẾ VIỆT NHẬT) is a long-established manufacturer in Hai Duong Province, operating since 2009 with Business ID 0104194060 and a head office located in Ngọc Mai Village, Vĩnh Hưng Commune, Bình Giang District. Over more than 16 years, the company has built a presence in structural metal products, galvanized steel tape, fabricated metal components, and machinery for agriculture, metallurgy, and construction. With 150 employees and a privately held shareholding structure, the enterprise maintains a broad network of trading activities across metal, machinery, and logistics.

Operations and Corporate Structure

As a joint stock company, VIETNAM JAPAN INTERNATIONAL METAL WARES JOINT STOCK COMPANY maintains a charter capital of USD 6.9 million and is fully paid-up. The company’s management is led by Chairwoman Tran T. T. and Director Le T. B. L., overseeing a diverse range of registered business activities: metal manufacturing, stamping and roll-forming, metal coating and treatment, machinery production, wholesale of metals and equipment, and freight transport. Its additional representative office in Hanoi reflects an ambition to expand market coverage in northern Vietnam.

Financial Signals and Notable Losses

A key concern for VIETNAM JAPAN INTERNATIONAL METAL WARES JOINT STOCK COMPANY is its deteriorating financial performance. While annual revenue remained substantial at USD 87.42 million in 2024, the company reported a loss of USD 1.97 million, widening compared to the prior year. More critically, owner’s equity turned negative at USD -146,824, suggesting capital erosion and pressure on long-term solvency. Working capital also fell sharply to USD -3.16 million, indicating liquidity stress and a limited cushion for daily operations. These trends underscore underlying inefficiencies and rising operational risks.

Credit and Risk Considerations

From a credit-risk perspective, negative equity combined with recurring losses raises essential questions regarding cash flow sustainability, debt structure, and the company’s ability to support future production cycles. Manufacturing companies operating in metals often face high inventory costs, volatile input prices, and large receivables; therefore, a cautious approach is advisable when trading or extending credit. Potential buyers, partners, or lenders should assess payment history, bank relationships, and short-term borrowing levels before engaging further.

For organizations seeking more clarity, an updated VNBIS report can provide deeper insights into the company’s financial restructuring, 2024–2025 performance, litigation checks, shareholder movements, and additional due diligence indicators. This information is essential for risk management, especially when working with companies showing signs of financial strain.

If you would like the latest version with refreshed financials, credit scoring, and risk flags, you may request an updated VNBIS Comprehensive Report for informed decision-making.