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Thinh Phat Cables Joint Stock Company (Vietnam)

Main Activities: Other Communication and Energy Wire Manufacturing
Secondary Activities: All Other Specialty Trade Contractors | Nonferrous Metal (except Aluminum) Production and Processing | Wiring Device Manufacturing
Full name: Thinh Phat Cables Joint Stock Company 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 has formed by splitting into Thinh Phat Cables Joint Stock Company and Thinh Phat Real Estate-Cable Joint Stock Company. So, its former investors have 36 years of experience in this industry and this is one of important elements to survive in the market.However, it became a member of Stark group in 2020. Stark group has existed in this industry for 55 years. So, we can see that it has patented products which are one of elements to create barriers to enter this market. In addition, it has received other supports from the Stark group. For example, the Stark group has guaranteed short term loans financial institutions, letter of guarantee and limit for letter of credit trust receipts and remittances of Thinh Phat Cables Joint Stock Company. However, the Start group has had accounting scandal (see news section below).Stark Corporation Public Company Limited – ultimate company (known as a holding company)'s major shareholders are Mr. Vonnarat Tangkaravakoon (50.16%) and Stark Investment Corporation Limited (21%). The Stark group's business is wire cable (including Thinh Phat Cables Joint Stock Company), digital energy and manpower services.

Headquarters
No. 51, Road B4, An Loi Dong Ward
Ho Chi Minh municipality; South Eastern Vietnam; Postal Code: 70000-74000

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Website: http://thiphacable.com/

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
July 01, 2019
Key Executives
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General Director
Ownership Details
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99.99%
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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
-25.18%
Total operating revenue
-25.18%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
-87.71%
Total assets
-17.95%
Total equity
6.29%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
-9.17%
Return on Equity (ROE)
-45.24%
Debt to Equity Ratio
4.11%
Quick Ratio
0.13%
Cash Ratio
-0.04%

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