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YUE DE VIET NAM COMPANY LIMITED

Active

Business ID 1201073419

84-273 / 3937 568

YUE DE VIET NAM COMPANY LIMITED

Active

Business ID 1201073419

84-273 / 3937 568

YUE DE VIET NAM COMPANY LIMITED

Active

Summary

Name:

YUE DE VIET NAM COMPANY LIMITED

Business ID (TIN):

1201073419

Date of Registration:

30 Aug 2010

Registered Office:

Dong Thap Province Department of Finance

Address:

Lot BIV, CI-10, Tan Huong Industrial Park, Tan Huong Commune, Dong Thap Province, Vietnam

Phone:

84-273 / 3937 568

Financial Statement:

2020, 2021, 2022, 2023, 2024

YUE DE VIET NAM COMPANY LIMITED (CÔNG TY TNHH DỤ ĐỨC VIỆT NAM) is a wholly foreign-invested enterprise established on August 30, 2010, and legally registered under tax code and business ID 1201073419 with the Tien Giang Province Department of Planning and Investment. The company operates in the footwear manufacturing sector, with a primary focus on producing and processing various types of shoes and uppers. Its head office is located at Lot BIV, CI-10, Tan Huong Industrial Park, Tan Huong Commune, Chau Thanh District, Tien Giang Province, Vietnam, and is led by General Director Mr. Lin J. W., a Taiwanese national.

YUE DE VIET NAM COMPANY LIMITED employs approximately 8,250 workers, indicating large-scale industrial capacity and significant labor intensity. The enterprise is 100% owned by PRECIOUS FULL INVESTMENTS LIMITED, registered in the British Virgin Islands—highlighting an offshore ownership structure that may require enhanced verification, especially for contractual or financial due diligence.

Financially, the company is in a state of serious decline. While total sales reached USD 130.8 million in 2023, this represented a sharp 34.24% drop from the previous year. More alarming is the company’s net loss of USD 16.09 million, a dramatic swing from a profit of over USD 3.4 million in 2022—marking a 570% deterioration in profitability. Total assets fell by 23.01% to USD 104.64 million, and owner’s equity plummeted by 33.24%, leaving the company with a shrinking capital base of just USD 30.35 million. Additionally, the firm recorded a negative working capital of USD 17.79 million, which raises concerns about short-term solvency and liquidity.

Despite being operational and sizable, YUE DE VIET NAM COMPANY LIMITED is clearly under financial distress, and its recent performance metrics point to major risks for business partners, creditors, and suppliers. These include declining sales, asset erosion, shrinking equity, and severe losses, all of which suggest an unstable financial trajectory.

Given the risks involved, it is strongly advised that stakeholders use VANGUARD BUSINESS INFORMATION (VNBIS) to conduct comprehensive financial risk assessments and business verification. VNBIS offers due diligence services that can validate the company’s legal status, ownership transparency, and financial reliability, especially important when dealing with offshore shareholders and large workforce-heavy operations. Moreover, VNBIS’s real-time risk monitoring tools are valuable for those seeking to track financial red flags and operational changes over time.

In conclusion, while YUE DE VIET NAM COMPANY LIMITED remains a significant player in Vietnam’s export-oriented footwear sector, its current financial instability and opaque ownership call for serious caution. All business decisions should be backed by verified data from VNBIS’s credit intelligence and business risk management services.

Legal Profile

English Name:

YUE DE VIET NAM COMPANY LIMITED

Vietnamese Name:

CÔNG TY TNHH DỤ ĐỨC VIỆT NAM

Short Name:

YUE DE VIET NAM CO., LTD

Business ID (TIN):

1201073419

Date of Registration:

30 Aug 2010

Registered Office:

Dong Thap Province Department of Finance

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

LIN J.W

Address:

Lot BIV, CI-10, Tan Huong Industrial Park, Tan Huong Commune, Dong Thap Province, Vietnam

Phone:

84-273 / 3937 568

Business Sector

Key business lines:

VSIC:

1520 Manufacture of footwear

NACE:

15.20 Manufacture of footwear

NAICS:

31620 Footwear Manufacturing

Industry Sales Growth

CAGR (2019 - 2023)

-1.82%

YoY (2023)

-10.80%

Companies by industry

Company distribution and propportions

3,430

0.1180%

Key Industry Players

Top 10 companies in manufacture of footwear industry

pou sung vietnam co., ltd. pouyuen vietnam company limited vinh long footwear co.,ltd hwaseung vina co., ltd thaibinh group chang shin vietnam company ltd. pou chen vietnam enterprise ltd tkg taekwang vina joint stock company vietnam dona orient co., ltd vietnam dona standard footwear co., ltd

Payment History

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Financial Performance

Assets	74.03%
Owner’s Equity	-29.12%
Working Capital	12.96%
Net Worth	49.87%
Sales	-88.67%
Operating income	42.65%
EBIT	25.43%
Gross Profit Margin	47.54%
Debt to EBITDA	-12.72%

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Negative Payment Records

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Opinion from Analysts

Specific Questions About YUE DE VIET NAM COMPANY LIMITED

When did YUE DE VIET NAM COMPANY LIMITED start operating?

YUE DE VIET NAM COMPANY LIMITED was started in 30 Aug 2010

What industry does YUE DE VIET NAM COMPANY LIMITED operate in?

YUE DE VIET NAM COMPANY LIMITED is operating in "Manufacture of footwear" industry

How can I contact YUE DE VIET NAM COMPANY LIMITED?

YUE DE VIET NAM COMPANY LIMITED phone numbers is 84-273 / 3937 568

What adverse news is there about YUE DE VIET NAM COMPANY LIMITED?

YUE DE VIET NAM COMPANY LIMITED’s has 24 bad news

What is stock symbol of YUE DE VIET NAM COMPANY LIMITED?

YUE DE VIET NAM COMPANY LIMITED is not listed company

Where is the location of YUE DE VIET NAM COMPANY LIMITED?

YUE DE VIET NAM COMPANY LIMITED is located at Lot BIV, CI-10, Tan Huong Industrial Park, Tan Huong Commune, Dong Thap Province, Vietnam

What is YUE DE VIET NAM COMPANY LIMITED’s business registration?

YUE DE VIET NAM COMPANY LIMITED business registration is 1201073419

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