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Fortune Electric Corporation (Vietnam)

Main Activities: Electric Lighting Equipment Manufacturing
Secondary Activities: Wiring Device Manufacturing | All Other Electrical Equipment and Component Manufacturing | Warehousing and Storage
Full name: Fortune Electric Corporation Profile Updated: February 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

The subject engages in manufacturing and trading electrical equipment and offers warranty service related to products. Panasonic is one of its partners. Its products are retail distributed through agent networks throughout the country and wholesale to many construction projects. Besides the subject, its shareholders also own other companies, including Fortune - Nano Electrical Company (as a trading company in 2009 in Hai Phong city), Nanoco Vinh One Member Limited Liability Company (as a manufacturing and trading company in 2016 in Nghe An Province), Nanohome One Member Limited Company (as a trading company in 2018 in Ho Chi Minh City). Therefore, the subject and these companies form an ecosystem of Nanoco Group. Nanoco Group manufactures and distributes main product groups including construction electrical equipment (switches, sockets, circuit breakers, etc.), lighting electrical equipment (LED lights, related accessories, etc.), household electrical appliances (mosquito lights/rackets, electric fans, exhaust fans, ceiling fans, water pumps, air purifiers, etc.).

Headquarters
No. 675-677, Dien Bien Phu Street, Ward 25
Ho Chi Minh municipality; South Eastern Vietnam; Postal Code: 70000-74000

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Website: http://www.nanoco.com.vn

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
September 05, 2007
Key Executives
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General Director
Ownership Details
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50%
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49.83%
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0.17%
Subsidiaries
Nanohome One Member Limited Company
Company Performance
Financial values in the chart are available after Fortune Electric Corporation report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VND. Absolute financial data is included in the purchased report.
Net sales revenue
25.01%
Total operating revenue
25.01%
Operating profit (EBIT)
29.38%
Net Profit (Loss) for the Period
30.97%
Total assets
37.2%
Total equity
32.75%
Operating Profit Margin (ROS)
0.39%
Net Profit Margin
0.42%
Return on Equity (ROE)
-0.34%
Debt to Equity Ratio
12.42%
Quick Ratio
0.11%
Cash Ratio
0.33%

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