YUHUA VIETNAM PACKAGING TECHNOLOGY COMPANY LIMITED

YUHUA VIETNAM PACKAGING TECHNOLOGY COMPANY LIMITED (CÔNG TY TNHH CÔNG NGHỆ BAO BÌ YUHUA VIỆT NAM) has quickly emerged as one of the most aggressively expanding foreign-invested packaging manufacturers in Bắc Ninh. Established in 2020 and headquartered in Que Vo Industrial Park, the company produces corrugated packaging, paperboard containers, and diversified paper-based products for major industrial clients.

Rapid Legal and Structural Expansion

YUHUA VIETNAM is registered as a one-member FDI enterprise with a paid-up capital of approximately USD 1.9 million. Despite this modest initial capital base, the firm now employs around 2,000 workers, signaling a sharp operational scale-up within only a few years. The company is wholly owned by Shenzhen YUTO Packaging Technology Co., Ltd, a well-known Chinese packaging group specializing in high-volume industrial packaging solutions.

A Dramatic Financial Shift That Raises Questions

One of the most striking aspects of the company’s profile is its unusual and extremely rapid financial turnaround. According to the latest economic figures, total assets jumped from USD 32.8 million in 2022 to USD 97.8 million in 2023, a nearly 200 percent increase. Even more dramatic is the shift in equity, rising from a negative position in previous years to USD 17.16 million, and an explosive profit swing to USD 24.34 million in 2023.

Such extraordinary leaps often reflect either major capital injections, significant one-time revenue events, or changes in accounting treatment. While positive on the surface, this pattern warrants scrutiny from partners, financial institutions, and suppliers. Rapid improvements of this scale typically require verification of sustainability, working capital stability, and underlying cash flow quality—especially given the company's negative working capital of USD -22.55 million, which indicates short-term financial pressure.

Why Investors and Suppliers Should Watch Closely

The company’s accelerated growth positions it as an essential player in the northern industrial packaging sector, especially for electronics and export-driven factories. However, the combination of fast expansion, foreign ownership concentration, and sharp year-on-year financial swings means that risk analysts and credit decision-makers should monitor YUHUA VIETNAM closely.

For deeper evaluation—such as shareholder mapping, creditworthiness, litigation screening, and financial-ratio breakdowns—you can access complete, verified reports on VNBIS.com, the leading business-information provider for Vietnam.