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Tsuneishi Heavy Industries (Cebu) Inc. (Philippines)

Main Activities: Ship and Boat Building | Ship Building and Repairing
Full name: Tsuneishi Heavy Industries (Cebu) Inc. Profile Updated: January 14, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Tsuneishi Heavy Industries (Cebu) Inc is a major shipbuilding company and one of the largest shipyards in the Philippines, operating as a joint venture between Tsuneishi Shipbuilding of Japan and local partners. Located in Balamban, Cebu, the company constructs various types of ocean-going vessels including bulk carriers, container ships, tankers, and specialized vessels. Its operations include hull fabrication, block assembly, outfitting, painting, dock operations, and sea trials, supported by large-scale shipyard facilities, dry docks, cranes, cutting lines, and engineering teams. The company also undertakes ship repair and maintenance services. Tsuneishi Heavy Industries focuses on Japanese-quality shipbuilding standards, high-efficiency production, and continuous investment in modern shipyard technology, positioning itself as a key player in the global shipbuilding supply chain.

Headquarters
West Cebu Industrial Park, Special Economic Zone Buanoy
Balamban; Cebu; Postal Code: 6041

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Website: http://www.thici.com

Basic Information
Total Employees:
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Financial Auditors:
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Incorporation Date:
September 30, 1994
Key Executives
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President
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Director
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Director
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Director
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Director
Ownership Details
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PHP. Absolute financial data is included in the purchased report.
Net sales revenue
26.32%
Total operating revenue
11.07%
Operating profit (EBIT)
108.93%
EBITDA
108.93%
Net Profit (Loss) for the Period
172.43%
Total Assets
17.62%
Total Equity
25.19%
Operating Profit Margin (ROS)
5.82%
Net Profit Margin
9.21%
Return on Equity (ROE)
14.91%
Quick Ratio
0.3%
Cash Ratio
0.24%

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