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Vietnam Sunergy Joint Stock Company (Vietnam)

Main Activities: Battery Manufacturing
Secondary Activities: Power and Communication Line and Related Structures Construction | Wholesale Trade | All Other Support Services
Full name: Vietnam Sunergy 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 operates in the field of manufacturing and assembling solar modules, which are exported overseas, and the largest export market is now the USA. Some typical clients could be mentioned as VSUN SOLAR USA INC, SUNENERGY 1, LLC, BELL 1 SOLAR LLC, BLUE RIDGE POWER, LLC, etc.. In addition, it is an EPC contractor, building solar power plants. After decreasing slightly in 2021, the subject's net sales boomed in 2022, having reached VND 23 trillion. The net income improved very positively, and profitability ratios were much higher than the industry average. After nearly 9 years of operation and development, the subject was ranked as an extremely large company in the industry with a healthy financial condition.

Headquarters
Lot III - Dong Vang, Dinh Tram Industrial Park, Nenh Town
Bac Giang; North Eastern Vietnam; Postal Code: 26000

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Website: https://www.vsun-solar.com/

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
June 24, 2015
Key Executives
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Chairman
Ownership Details
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84.846%
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4.997%
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4.997%
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3.008%
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1.901%
Subsidiaries
Vietnam Sunergy (Bac Ninh) Company Limited
100%
Vietnam Sunergy Cell Company Limited
100%
Vietnam Cymax Company Limited
19.5%
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
248.75%
Total operating revenue
248.75%
Operating profit (EBIT)
1544.15%
Net Profit (Loss) for the Period
1157.53%
Total assets
140.84%
Total equity
156.64%
Operating Profit Margin (ROS)
4.24%
Net Profit Margin
3.36%
Return on Equity (ROE)
48.58%
Debt to Equity Ratio
-76.73%
Quick Ratio
0.01%
Cash Ratio
0.19%

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