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YINLONG TECHNOLOGY COMPANY LIMITED

Active

Business ID 5701613691

+84 822 811 168

YINLONG TECHNOLOGY COMPANY LIMITED

Active

Business ID 5701613691

+84 822 811 168

YINLONG TECHNOLOGY COMPANY LIMITED

Active

Summary

Name:

YINLONG TECHNOLOGY COMPANY LIMITED

Business ID (TIN):

5701613691

Date of Registration:

11 Apr 2012

Registered Office:

Quang Ninh Province Department of Planning and Investment

Address:

Hai Yen Industrial Park, Hai Yen Ward, Mong Cai City, Quang Ninh Province, Vietnam

Phone:

+84 822 811 168

Financial Statement:

2020, 2021, 2022, 2023, 2024

YINLONG TECHNOLOGY COMPANY LIMITED (CÔNG TY TRÁCH NHIỆM HỮU HẠN KHOA HỌC KỸ THUẬT NGÂN LONG) is a foreign-invested enterprise based in Quang Ninh Province, Vietnam. Established on April 11, 2012, and operating under Business Registration Number 5701613691, the company has grown into a major manufacturer in the textile sector, focusing on spinning natural and artificial fibers. Its main facility is located in Hai Yen Industrial Park, Mong Cai City, and the company currently employs around 3,000 workers.

Registered as a one-member limited liability company with 100% foreign ownership from TVN (Hong Kong) Limited, YINLONG TECHNOLOGY COMPANY LIMITED has declared a charter capital of over USD 34.2 million and a paid-up capital reaching USD 34.38 million as of the end of 2023. Its legal registration is handled by the Department of Planning and Investment of Quang Ninh Province. The company is led by General Director Ms. ZHOU BO QIN, a Chinese national who oversees its strategic direction and daily operations.

Despite having achieved high growth in previous years, 2023 was marked by sharp financial downturns. The company’s total assets dropped to USD 185.72 million, reflecting a 25.94% decrease compared to the previous year. Sales revenue also fell by 28.27% to USD 282.83 million. Most alarmingly, the firm posted a significant loss of USD 45.43 million, a 386% deterioration from the previous year’s performance. The company’s equity plummeted to USD 41.02 million, representing a 69.47% year-over-year decline, and its working capital was recorded at negative USD 30.39 million, underscoring operational stress and potential liquidity issues.

The company's registered business lines span a wide range, including not only textile production but also wholesale and retail activities in machinery, clothing, and household goods. YINLONG TECHNOLOGY also engages in temporary employment services, electricity generation and distribution, and leasing of machinery and land use rights. This diverse business portfolio is designed to support vertical integration and stabilize revenue sources, although the current financial data suggest significant short-term challenges.

Given the steep financial decline and rising operational risk, YINLONG TECHNOLOGY COMPANY LIMITED stands as a critical case for in-depth Risk Management Services and Business Verification Services. For lenders, credit insurers, and suppliers concerned about financial exposure, obtaining a full Company Report and analyzing up-to-date Vietnam Financial Data is essential. VANGUARD BUSINESS INFORMATION LLC (VBI) offers specialized insight and data intelligence that can support informed decisions when engaging with high-risk, high-scale manufacturers such as YINLONG TECHNOLOGY COMPANY LIMITED.

Legal Profile

English Name:

YINLONG TECHNOLOGY COMPANY LIMITED

Vietnamese Name:

CÔNG TY TRÁCH NHIỆM HỮU HẠN KHOA HỌC KỸ THUẬT NGÂN LONG

Short Name:

YINLONG TECHNOLOGY

Business ID (TIN):

5701613691

Date of Registration:

11 Apr 2012

Registered Office:

Quang Ninh Province Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ ZHOU, B

+ MAC T.D

Address:

Hai Yen Industrial Park, Hai Yen Ward, Mong Cai City, Quang Ninh Province, Vietnam

Phone:

+84 822 811 168

Business Sector

Key business lines:

VSIC:

1311 Spinning of textile fibres

NACE:

13.10 Preparation and spinning of textile fibres

Industry Sales Growth

CAGR (2019 - 2023)

2.75%

YoY (2023)

-7.45%

Companies by industry

Company distribution and propportions

1,268

0.0436%

Key Industry Players

Top 10 companies in spinning of textile fibres industry

formosa industries corporation hs hyosung viet nam company limited coats phong phu limited liability company renze textile joint stock company brotex (vietnam) co., ltd yinlong technology company limited hyosung dong nai company limited galaxy technology company limited far eastern polytex (viet nam) limited shundao (vietnam) industrial company limited

Payment History

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Financial Performance

Assets	-85.71%
Owner’s Equity	88.87%
Working Capital	4.96%
Net Worth	-7.91%
Sales	64.76%
Operating income	50.84%
EBIT	26.68%
Gross Profit Margin	-68.77%
Debt to EBITDA	76.95%

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Negative Payment Records

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Opinion from Analysts

Specific Questions About YINLONG TECHNOLOGY COMPANY LIMITED

When did YINLONG TECHNOLOGY COMPANY LIMITED start operating?

YINLONG TECHNOLOGY COMPANY LIMITED was started in 11 Apr 2012

What industry does YINLONG TECHNOLOGY COMPANY LIMITED operate in?

YINLONG TECHNOLOGY COMPANY LIMITED is operating in "Spinning of textile fibres" industry

How can I contact YINLONG TECHNOLOGY COMPANY LIMITED?

YINLONG TECHNOLOGY COMPANY LIMITED phone numbers is +84 822 811 168

What adverse news is there about YINLONG TECHNOLOGY COMPANY LIMITED?

YINLONG TECHNOLOGY COMPANY LIMITED’s has 1 bad news

What is stock symbol of YINLONG TECHNOLOGY COMPANY LIMITED?

YINLONG TECHNOLOGY COMPANY LIMITED is not listed company

Where is the location of YINLONG TECHNOLOGY COMPANY LIMITED?

YINLONG TECHNOLOGY COMPANY LIMITED is located at Hai Yen Industrial Park, Hai Yen Ward, Mong Cai City, Quang Ninh Province, Vietnam

What is YINLONG TECHNOLOGY COMPANY LIMITED’s business registration?

YINLONG TECHNOLOGY COMPANY LIMITED business registration is 5701613691

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