PROLooking for more than just a company report? Upgrade to Pro now

Y VIET COMPANY LIMITED

Active

Business ID 0101095304

+84 905 047 888

Y VIET COMPANY LIMITED

Active

Business ID 0101095304

+84 905 047 888

Y VIET COMPANY LIMITED

Active

Summary

Name:

Y VIET COMPANY LIMITED

Business ID (TIN):

0101095304

Date of Registration:

18 Jan 2001

Registered Office:

Ha Noi City Department of Planning and Investment

Address:

8th Floor, Tower A, Song Da Building, No. 18, Pham Hung Street, My Dinh 1 Ward, South Tu Liem District, Ha Noi City, Vietnam

Phone:

+84 905 047 888

Financial Statement:

2020, 2021, 2022, 2023, 2024

Y VIET COMPANY LIMITED (CÔNG TY TNHH Ý VIỆT): Strong Sales Growth Shadowed by Deep Financial Strain

Y VIET COMPANY LIMITED is a Hanoi-based private manufacturing enterprise that has drawn attention in recent years for its impressive revenue growth despite increasingly fragile financial underpinnings. Founded on January 18, 2001, and operating under business ID 0101095304, the company is located at the 8th Floor, Tower A, Song Da Building, No. 18, Pham Hung Street, My Dinh 1 Ward, South Tu Liem District, Hanoi. It also maintains a registered production base at Duyen Thai Industrial Cluster in Thuong Tin District.

The company is legally active and privately held, with Mr. Dao T. P. holding 85% ownership and serving as Director, while Mr. Le D. P. holds the remaining 15% and is Vice Director. Y VIET COMPANY LIMITED specializes in manufacturing iron and steel, particularly structural components for roads and bridges, and also engages in a broad range of wholesale, retail, logistics, construction, and accommodation-related activities.

The company’s recent financials present a mixed picture. On one hand, Y VIET achieved remarkable top-line growth, with total sales rising from USD 74.6 million in 2021 to nearly USD 148 million in 2023—an 18.76% year-over-year gain. This doubling of revenue in just two years would typically signal strong demand and market expansion, especially in the context of Vietnam’s booming construction and infrastructure sectors.

However, a closer look reveals growing financial stress. Despite high sales, the company recorded a net loss of over USD 1.2 million in 2023, following a larger loss of USD 1.48 million the year prior. Most notably, Y VIET’s owner’s equity has deteriorated into negative territory, falling from USD 803,000 in 2021 to negative USD 1.89 million by the end of 2023. Its working capital has also turned negative at USD -2.36 million, raising concerns about short-term liquidity and operational sustainability.

The asset base did grow dramatically in 2022, reaching over USD 53 million, but slightly contracted in 2023 to USD 49.2 million. This contraction, coupled with ongoing losses and eroded equity, places the company at elevated financial risk. From a credit risk and business verification standpoint, these signals are significant. Even in the presence of strong sales, negative net worth and persistent losses point to potential insolvency risk if capital infusions or operational improvements are not made.

Y VIET COMPANY LIMITED remains a significant player in Vietnam’s steel manufacturing space, but its financial outlook calls for caution. Any trade, credit, or investment relationships should proceed only with a comprehensive review of updated financial disclosures and liquidity planning. For those relying on Vietnam private financial data to assess counterparties, this case is a reminder that strong sales alone do not guarantee stability.

Legal Profile

English Name:

Y VIET COMPANY LIMITED

Vietnamese Name:

CÔNG TY TNHH Ý VIỆT

Short Name:

Y VIET CO., LTD

Business ID (TIN):

0101095304

Date of Registration:

18 Jan 2001

Registered Office:

Ha Noi City Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ DAO T.P

+ LE D.P

Address:

8th Floor, Tower A, Song Da Building, No. 18, Pham Hung Street, My Dinh 1 Ward, South Tu Liem District, Ha Noi City, Vietnam

Phone:

+84 905 047 888

Registration Address:

Plot of land HTX-01, Handicraft Point of Van Phuc Silk Village, Van Phuc Ward, Ha Dong District, Ha Noi City, Vietnam

Factory Address:

Duyen Thai Industrial Cluster, Duyen Thai Commune, Thuong Tin District, Ha Noi City, Vietnam

Business Sector

Key business lines:

VSIC:

2410 Manufacture of iron, steel and cast iron

NACE:

24.10 Manufacture of basic iron and steel and of ferro-alloys

NAICS:

3311 Iron and Steel Mills and Ferroalloy Manufacturing

Industry Sales Growth

CAGR (2019 - 2023)

4.05%

YoY (2023)

-9.69%

Companies by industry

Company distribution and propportions

1,726

0.0594%

Key Industry Players

Top 10 companies in manufacture of iron, steel and cast iron industry

viet nam steel corporation hoa sen group vas group nghi son joint stock company formosa ha tinh steel corporation smc trading investment joint stock company hoa phat group joint stock company hoa phat hai duong steel joint stock company nam kim steel joint stock company hoa phat hung yen steel limited liability company hoa phat dung quat steel joint stock company

Payment History

Purchase the report to access company details.

Financial Performance

Assets	37.94%
Owner’s Equity	81.46%
Working Capital	61.77%
Net Worth	-64.96%
Sales	78.64%
Operating income	98.56%
EBIT	87.31%
Gross Profit Margin	39.82%
Debt to EBITDA	-52.99%

📈 📊

Company Reports

Company Profile Report

Legal Profile

Contact and Location

Legal Representative

Shareholders

Business Operation

Assets

Owner's Equity

Sales

Profit

Company Standard Report

Legal Profile

Business Locations

Legal Representative

EBT

EBITDA

Working Capital

Tangible Net Worth

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Comprehensive Report

Report Summary

Legal Profile

Historical Information

Business Locations

Subsidiary and Affiliated Company

Management and Directors

Shareholders

Business Operation

Suppliers

Buyers

Credit Limit

Industry Information

Key Industry Players

Competitors

Negative Payment Records

Banking Information

Litigation Records; Negative News

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Opinion from Analysts

Specific Questions About Y VIET COMPANY LIMITED

When did Y VIET COMPANY LIMITED start operating?

Y VIET COMPANY LIMITED was started in 18 Jan 2001

What industry does Y VIET COMPANY LIMITED operate in?

Y VIET COMPANY LIMITED is operating in "Manufacture of iron, steel and cast iron" industry

How can I contact Y VIET COMPANY LIMITED?

Y VIET COMPANY LIMITED phone numbers is +84 905 047 888

What adverse news is there about Y VIET COMPANY LIMITED?

Y VIET COMPANY LIMITED’s has no negative news

What is stock symbol of Y VIET COMPANY LIMITED?

Y VIET COMPANY LIMITED is not listed company

Where is the location of Y VIET COMPANY LIMITED?

Y VIET COMPANY LIMITED is located at 8th Floor, Tower A, Song Da Building, No. 18, Pham Hung Street, My Dinh 1 Ward, South Tu Liem District, Ha Noi City, Vietnam

What is Y VIET COMPANY LIMITED’s business registration?

Y VIET COMPANY LIMITED business registration is 0101095304

My Order (0)

Y VIET COMPANY LIMITED

Y VIET COMPANY LIMITED

Y VIET COMPANY LIMITED

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

We've just released an update!

Don’t miss any of our insights

Y VIET COMPANY LIMITED

Y VIET COMPANY LIMITED

Y VIET COMPANY LIMITED

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

Access Required

Notification