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ZENG HSING INDUSTRIAL CO., LTD

Active

Business ID 3700619760

84-274 / 2220 982

ZENG HSING INDUSTRIAL CO., LTD

Active

Business ID 3700619760

84-274 / 2220 982

ZENG HSING INDUSTRIAL CO., LTD

Active

Summary

Name:

ZENG HSING INDUSTRIAL CO., LTD

Business ID (TIN):

3700619760

Date of Registration:

19 Jun 2008

Registered Office:

Binh Duong Province Department of Planning and Investment

Address:

No. 28 VSIP II-A, Road No. 28, VSIP II-A Industrial Park, Vinh Tan Ward, Tan Uyen City, Binh Duong Province, Vietnam

Phone:

84-274 / 2220 982

Financial Statement:

2020, 2021, 2022, 2023, 2024

Founded in 2008, Zeng Hsing Industrial Co., Ltd is a foreign direct investment enterprise and one of the most established manufacturers of sewing machines, overlock machines, embroidery machines, and integrated household textile machinery in Vietnam. Operating from VSIP II A Industrial Park in Binh Duong, the company supplies major global brands and supports the textile and apparel manufacturing sector across Asia and international markets.

Zeng Hsing operates with a workforce of approximately two thousand employees and maintains production capabilities that include precision metal components, plastic components, metal molds, and special purpose machinery. The company also operates a secondary facility in Ho Chi Minh City to support expanded production needs and supply chain coordination.

Leadership and Shareholders

The company is led by Mr. Liu Tung Liang, General Director, who oversees overall corporate management, manufacturing operations, investment planning, and regulatory compliance. He serves as the primary link between the Vietnam operations and the parent company in Taiwan.

Financial management and accounting activities are overseen by Vo T. H., Chief Accountant, who is responsible for financial reporting, statutory compliance, and internal control systems.

Ownership is fully consolidated under Zeng Hsing Industrial Co., Ltd of Taiwan, which holds 100 percent of the company’s equity. As of December 2024, the charter capital was USD 40 million, with full paid up capital equivalent to VND 830.32 billion, demonstrating long term parent company commitment to maintaining operational scale and investment stability.

Financial Growth and Market Risks

In 2022, Zeng Hsing Industrial Co., Ltd achieved revenue of approximately USD 123.66 million, representing a decrease compared with the previous year due to global market pressures, lower export demand for textile machinery, and adjustments in production volumes. Total assets declined by more than twenty one percent in 2022, while equity increased modestly following a return to profitability after losses in 2021. Working capital remained positive but contracted slightly, reflecting tighter operational conditions.

The company operates in an industry exposed to cyclical demand from global textile and apparel manufacturers. Market risks include fluctuations in orders from international clients, rising labor and input costs, increased competition from regional machinery producers, and exposure to foreign exchange movements. Precision machinery manufacturing also requires continuous investment in technical capabilities and quality assurance. A more detailed evaluation of liquidity, capital structure, and long term financial resilience is available in the VNBIS Company Comprehensive Report, which provides complete financial and risk insight for investors and supply chain partners.

Business Intelligence and Risk Outlook

Zeng Hsing Industrial Co., Ltd benefits from strong technical expertise, a long history of manufacturing in Vietnam, and a well developed supply chain supported by both domestic and international partners. Its location in VSIP II A Industrial Park provides efficient access to logistics corridors and a skilled labor base, supporting high volume production and export capacity.

The long term outlook remains linked to global trends in textile manufacturing automation, modernization of sewing and embroidery technology, and Vietnam’s growing role as a center for garment production. Continued investment in product quality, technological upgrades, and operational efficiency will be critical to maintaining competitiveness. The company’s established relationship with its Taiwanese parent ensures strategic stability and access to advanced machinery design standards, which are key strengths in a demanding and innovation driven sector.

VNBIS Support and Business Services

Vanguard Business Information LLC (VNBIS) provides a comprehensive range of professional business intelligence solutions to support investors and partners in evaluating Zeng Hsing Industrial Co., Ltd and its financial and operational position.

VNBIS services include:

Company Credit Reports evaluating solvency, liquidity, and financial health
Risk Management Solutions analyzing market exposure, capital structure, and profitability trends
Business Verification and Due Diligence Reports confirming ownership, compliance, and governance records

Through these services, VNBIS enables clients to make secure, transparent, and data driven business decisions.

Legal Profile

English Name:

ZENG HSING INDUSTRIAL CO., LTD

Vietnamese Name:

CÔNG TY TNHH ZENG HSING INDUSTRIAL

Business ID (TIN):

3700619760

Date of Registration:

19 Jun 2008

Registered Office:

Binh Duong Province Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ LIU, T.-.L

+ VO T.H

Address:

No. 28 VSIP II-A, Road No. 28, VSIP II-A Industrial Park, Vinh Tan Ward, Tan Uyen City, Binh Duong Province, Vietnam

Phone:

84-274 / 2220 982

Factory Address:

No. 20A, Road No. 6, Vietnam - Singapore Industrial Park, Ho Chi Minh City, Vietnam

Business Sector

Key business lines:

VSIC:

2826 Manufacture of machinery for textile, apparel and leather production

NACE:

28.94 Manufacture of machinery for textile, apparel and leather production

Industry Sales Growth

CAGR (2019 - 2023)

-8.25%

YoY (2023)

-23.62%

Companies by industry

Company distribution and propportions

111

0.0038%

Key Industry Players

Top 10 companies in manufacture of machinery for textile, apparel and leather production industry

svp vietnam company limited dai - viet mechanic export joint stock company zeng hsing industrial co., ltd fang zheng (viet nam) founder motor co., ltd pegasus vietnam sewing machine co., ltd kang yuan vietnam co., ltd kd vina co., ltd. (translated name) toan thinh vietnam shoe machinery automation company limited lam tuong company limited daesung ts company limited

Payment History

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Financial Performance

Assets	-15.27%
Owner’s Equity	14.51%
Working Capital	90.32%
Net Worth	-74.40%
Sales	-47.03%
Operating income	51.48%
EBIT	-66.36%
Gross Profit Margin	34.65%
Debt to EBITDA	-82.69%

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Negative Payment Records

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Specific Questions About ZENG HSING INDUSTRIAL CO., LTD

When did ZENG HSING INDUSTRIAL CO., LTD start operating?

ZENG HSING INDUSTRIAL CO., LTD was started in 19 Jun 2008

What industry does ZENG HSING INDUSTRIAL CO., LTD operate in?

ZENG HSING INDUSTRIAL CO., LTD is operating in "Manufacture of machinery for textile, apparel and leather production" industry

How can I contact ZENG HSING INDUSTRIAL CO., LTD?

ZENG HSING INDUSTRIAL CO., LTD phone numbers is 84-274 / 2220 982

What adverse news is there about ZENG HSING INDUSTRIAL CO., LTD?

ZENG HSING INDUSTRIAL CO., LTD’s has no negative news

What is stock symbol of ZENG HSING INDUSTRIAL CO., LTD?

ZENG HSING INDUSTRIAL CO., LTD is not listed company

Where is the location of ZENG HSING INDUSTRIAL CO., LTD?

ZENG HSING INDUSTRIAL CO., LTD is located at No. 28 VSIP II-A, Road No. 28, VSIP II-A Industrial Park, Vinh Tan Ward, Tan Uyen City, Binh Duong Province, Vietnam

What is ZENG HSING INDUSTRIAL CO., LTD’s business registration?

ZENG HSING INDUSTRIAL CO., LTD business registration is 3700619760

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ZENG HSING INDUSTRIAL CO., LTD

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ZENG HSING INDUSTRIAL CO., LTD

Leadership and Shareholders

Financial Growth and Market Risks

Business Intelligence and Risk Outlook

VNBIS Support and Business Services

Company Profile Report

Company Standard Report

Comprehensive Report

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ZENG HSING INDUSTRIAL CO., LTD

ZENG HSING INDUSTRIAL CO., LTD

ZENG HSING INDUSTRIAL CO., LTD

Leadership and Shareholders

Financial Growth and Market Risks

Business Intelligence and Risk Outlook

VNBIS Support and Business Services

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

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