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Vua Nem Joint Stock Company (Vietnam)

Main Activities: Floor Covering Stores
Secondary Activities: Other Construction Material Merchant Wholesalers | Building Material and Supplies Dealers | Sewing, Needlework, and Piece Goods Stores
Full name: Vua Nem 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

VUA NEM has operated for six years. Besides head office in Ha Noi City, the subject has many branches all over the country. It majors in trading mattress, blanket, pillow and related accessories, under brand names: Dunlopillo, Tempur, Aeroflow, Therapedic, Zinus... The company's products are imported mainly from China, Denmark, Malaysia... It is known as the largest mattress system with nearly 150 stores in Vietnam.From its establishment, the company used to trade at losses, except in 2021. At the end of 2022, it had to incur high accumulated loss of VND 174.5 billion, therefore owner's distributed capital had a 62.36% deficit. The foregoing indicated that the company's operational performance was limited in the first years of operation.Remarkably, according to an announcement of the subject at the beginning of Sep 2019,  it recorded a profit after tax of VND 3 billion for the first half of 2023. The subject also plans to list its IPO in this year.

Headquarters
2nd Floor, Ocean Park Building, No. 1, Dao Duy Anh Street, Phuong Mai Ward
Ha Noi (municipality); Red River Delta; Postal Code: 10000-14000

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Website: https://vuanem.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
August 18, 2017
Key Executives
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General Director
Ownership Details
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99.998%
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0.001%
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0.001%
Company Performance
Financial values in the chart are available after Vua Nem Joint Stock Company 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
127.53%
Total operating revenue
127.53%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Total assets
42.49%
Total equity
-34.13%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
198.77%
Quick Ratio
-0.27%
Cash Ratio
0%

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