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WANEK FURNITURE LIMITED LIABILITY COMPANY

Active

Business ID 3700937241

84-274 / 3655 200

WANEK FURNITURE LIMITED LIABILITY COMPANY

Active

Business ID 3700937241

84-274 / 3655 200

WANEK FURNITURE LIMITED LIABILITY COMPANY

Active

Summary

Name:

WANEK FURNITURE LIMITED LIABILITY COMPANY

Business ID (TIN):

3700937241

Date of Registration:

15 Feb 2012

Registered Office:

Ho Chi Minh City Department of Finance

Address:

Lot D_5A_CN, D_5C_CN, D_5E_CN, My Phuoc 3 Industrial Park, Ho Chi Minh City, Vietnam

Phone:

84-274 / 3655 200

Financial Statement:

2020, 2021, 2022, 2023, 2024

WANEK FURNITURE LIMITED LIABILITY COMPANY (CÔNG TY TNHH KỸ NGHỆ GỖ HOA NÉT): A Foreign-Owned Powerhouse in Vietnam’s Furniture Export Industry

WANEK FURNITURE LIMITED LIABILITY COMPANY (CÔNG TY TNHH KỸ NGHỆ GỖ HOA NÉT), headquartered in My Phuoc 3 Industrial Park, Binh Duong Province, stands out as one of the leading players in Vietnam’s furniture manufacturing sector. Operating since 2012, the company benefits from Vietnam’s global positioning as one of the top five furniture exporters worldwide—thanks to affordable labor, large-scale production capacity, and favorable trade policies.

The company specializes in sewing and cutting fabric/leather-covered sofas, as well as manufacturing PU components and wooden furniture. It supplies major global brands and supports large export volumes. With more than 3,500 employees, it maintains one of the largest furniture manufacturing operations in southern Vietnam.

In 2023, WANEK FURNITURE recorded a strong financial recovery, with revenue reaching USD 418.9 million, up 17.77% from the previous year. Even more significantly, profit soared to USD 49.5 million, marking a remarkable 659% increase year-over-year. These numbers reflect not only post-pandemic market recovery but also improved cost control and possibly higher-value orders.

The company’s assets climbed to USD 183.77 million, and equity rose by 73.27%, indicating a strengthened balance sheet. With nearly USD 90 million in working capital, the firm is clearly in a healthy financial position compared to many other manufacturers in the same sector.

WANEK FURNITURE operates under foreign ownership and is part of a global supply chain, with multiple production and warehouse sites across Binh Duong. Despite its size, the company maintains a focused business model centered on contract manufacturing rather than brand ownership.

For businesses seeking partnerships, logistics services, or procurement engagements, it’s essential to validate financial performance and legal standing—especially in high-volume sectors like furniture. Independent insights into WANEK FURNITURE LIMITED LIABILITY COMPANY’s private financials and operational risks are available through the Business Verification and Risk Management Service by Vanguard Business Information (VBI), which offers exclusive, detailed data on Vietnamese companies.

WANEK FURNITURE's 2023 results suggest that Vietnam’s furniture industry remains competitive on the global stage—but as always, in-depth due diligence remains key before any engagement.

Legal Profile

English Name:

WANEK FURNITURE LIMITED LIABILITY COMPANY

Vietnamese Name:

CÔNG TY TNHH KỸ NGHỆ GỖ HOA NÉT

Short Name:

WANEK FURNITURE CO.,LTD

Business ID (TIN):

3700937241

Date of Registration:

15 Feb 2012

Registered Office:

Ho Chi Minh City Department of Finance

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ LIEN A.M

+ PHAN C.T

Address:

Lot D_5A_CN, D_5C_CN, D_5E_CN, My Phuoc 3 Industrial Park, Ho Chi Minh City, Vietnam

Phone:

84-274 / 3655 200

Other:

No. 11, VSIP II, Road No. 6, Vietnam - Singapore II Industrial Park, Binh Duong Industry - Service - Urban Complex Area, Binh Duong Ward, Ho Chi Minh City, Vietnam

Branch:

Lot F3 & F18, Road N4-N5, Nam Tan Uyen Expanded Industrial Park, Binh Co Ward, Ho Chi Minh City, Vietnam

Warehouse Address:

Tran Quoc Toan Street, Vietnam-Singapore II Industrial Park, Binh Duong Ward, Ho Chi Minh City, Vietnam

Other:

Mapletree, Tao Luc 5 Street, Vietnam-Singapore II Industrial Park, Binh Duong Ward, Ho Chi Minh City, Vietnam

Factory Address:

Road DE3, My Phuoc 3 Industrial Park, Thoi Hoa Ward, Ho Chi Minh City, Vietnam

Business Sector

Key business lines:

VSIC:

3100 Manufacture of wooden furniture

NACE:

31.01 Manufacture of furniture

Industry Sales Growth

CAGR (2019 - 2023)

YoY (2023)

Companies by industry

Company distribution and propportions

8,777

0.3019%

Key Industry Players

Top 10 companies in manufacture of wooden furniture industry

rochdale spears co., ltd vietnam hang lam furniture company limited. phu tai joint stock company glory oceanic (vietnam) co., ltd wanek furniture limited liability company nitori furniture vietnam epe millennium furniture co., ltd jason furniture viet nam company limited happy furniture (vietnam) co.,ltd. keeson (binh duong) company limited

Payment History

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Financial Performance

Assets	42.31%
Owner’s Equity	-16.92%
Working Capital	92.99%
Net Worth	-43.87%
Sales	-20.45%
Operating income	74.05%
EBIT	-21.41%
Gross Profit Margin	23.32%
Debt to EBITDA	-48.68%

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Specific Questions About WANEK FURNITURE LIMITED LIABILITY COMPANY

When did WANEK FURNITURE LIMITED LIABILITY COMPANY start operating?

WANEK FURNITURE LIMITED LIABILITY COMPANY was started in 15 Feb 2012

What industry does WANEK FURNITURE LIMITED LIABILITY COMPANY operate in?

WANEK FURNITURE LIMITED LIABILITY COMPANY is operating in "Manufacture of wooden furniture" industry

How can I contact WANEK FURNITURE LIMITED LIABILITY COMPANY?

WANEK FURNITURE LIMITED LIABILITY COMPANY phone numbers is 84-274 / 3655 200

What adverse news is there about WANEK FURNITURE LIMITED LIABILITY COMPANY?

WANEK FURNITURE LIMITED LIABILITY COMPANY’s has 3 bad news

What is stock symbol of WANEK FURNITURE LIMITED LIABILITY COMPANY?

WANEK FURNITURE LIMITED LIABILITY COMPANY is not listed company

Where is the location of WANEK FURNITURE LIMITED LIABILITY COMPANY?

WANEK FURNITURE LIMITED LIABILITY COMPANY is located at Lot D_5A_CN, D_5C_CN, D_5E_CN, My Phuoc 3 Industrial Park, Ho Chi Minh City, Vietnam

What is WANEK FURNITURE LIMITED LIABILITY COMPANY’s business registration?

WANEK FURNITURE LIMITED LIABILITY COMPANY business registration is 3700937241

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