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Shin Sung Vina Company Limited (Vietnam)

Main Activities: Plastics Product Manufacturing
Secondary Activities: Textile Mills | Printing | Support Activities for Printing
Full name: Shin Sung Vina Company Limited 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

SHIN SUNG VINA CO.,LTD is known as a manufacturer of adhesive tape and protective plastic film for use in mobile phones and other electronic products. The major customer of the subject is Samsung Vietnam. The chief accountant said that 70-80% of its products are supplied to this customer. According to the Media, since 2020, Samsung Electronics has cut down on the quantity produced smartphones in Vietnam. On the one hand, it is due to the decline in market demand, and on the other hand, because the inventory is too much. The subject's business result is strongly dependent on Samsung's operation. Thus, cutting down on the quantity of products of Samsung could affect much on the subject's operation in the coming time.

Headquarters
Lot B1, Song Khe - Noi Hoang Industrial Park, Song Khe Commune
Bac Giang; North Eastern Vietnam; Postal Code: 26000

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
February 06, 2013
Key Executives
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General Director
Ownership Details
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100%
Company Performance
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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
-18.72%
Total operating revenue
-18.72%
Operating profit (EBIT)
26.16%
Net Profit (Loss) for the Period
34.21%
Total assets
-30.57%
Total equity
-32.81%
Operating Profit Margin (ROS)
5.87%
Net Profit Margin
5.19%
Return on Equity (ROE)
26.23%
Quick Ratio
-0.49%
Cash Ratio
-0.42%

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