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Glory Oceanic (Vietnam) Co., Ltd (Vietnam)

Main Activities: Furniture and Related Product Manufacturing
Secondary Activities: All Other Wood Product Manufacturing | Offices of Real Estate Agents and Brokers
Full name: Glory Oceanic (Vietnam) Co., Ltd 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 specializes in manufacturing and processing wooden furniture with some brand's co-operation such as Dorel, Sauder, Xtreme, Walmart, Target, Office, The Home Depot, Big Lots!, Amazon Drive, Bed Bath & Beyond, Wayfair, Ashley, Costco, etc. The subject is also introduced as a member of Yangchen Wood Industry (Furniture) Group in China which set up three manufacturing facilities, consisting of solid wood furniture, sofa furniture, and flat panel office furniture in Vietnam. This Group was established in 1988 with its main export markets known as USA, and EU countries. As investigated for the subject's operations, 80% of the primary materials could be internally inspected. The company also owned 4,500 square meters of warehouse for board materials to satisfy mass production requirements in 2022.

Headquarters
Land Plot No. 370, Map Sheet No. 18, Quarter 1, Hoi Nghia Ward
Binh Duong; South Eastern Vietnam; Postal Code: 75000

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Website: https://gloryoceanicfurniture.com/

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
June 30, 2008
Key Executives
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Chairman and General Director
Ownership Details
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100%
Company Performance
Financial values in the chart are available after Glory Oceanic (Vietnam) Co., Ltd 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
-26.63%
Total operating revenue
-26.63%
Operating profit (EBIT)
92.85%
Net Profit (Loss) for the Period
89.43%
Total assets
-15.2%
Total equity
-90.31%
Operating Profit Margin (ROS)
4.95%
Net Profit Margin
4.99%
Return on Equity (ROE)
-40.15%
Debt to Equity Ratio
17009.36%
Quick Ratio
-0.19%
Cash Ratio
0.01%

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