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Funing Precision Component Company Limited (Vietnam)

Main Activities: Communications Equipment Manufacturing
Secondary Activities: Computer and Electronic Product Manufacturing | Computer and Peripheral Equipment Manufacturing | Semiconductor and Other Electronic Component Manufacturing
Full name: Funing Precision Component 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

Founded in 2007 in Bac Ninh Province, the subject is considered a member of HON HAI TECHNOLOGY GROUP, which is one of its major partners in the Apple brand. Currently, the subject has 3 production bases in Que Vo Industrial Park, Bac Ninh province with a total area of 147,310.8 sqm, focusing on manufacturing, distributing, and repairing camera components, optical equipment and electronic products, and telecommunications equipment. The first base is located at lot B with a scale of 61,000,000 units per year and functions of producing ADSL signal routing equipment; LTE handheld signal transceiver equipment; Cable Modem signal routing equipment; Internet Set Top Box, Network signal converter; Optimator network signal converter; Maxwell network signal converter; RSA network signal converter; Wifi receiver and Plastic parts. The second base located at Lot C3-1 is responsible for manufacturing Mesh Wifi Router, NIC (Network Interface Card) cards, UVC cameras, Switch network conversion devices (4G Module, Wifi Module), ABIA and ASIA signal transceiver devices. The third base is located at Lot C6-2 with product lines such as Smart wireless wifi transceiver, Smart speaker, and Smart IP camera image receiver. As shared, its products could be changed according to the requirements of customers and exported fully. According to the staff in the accounting and Exim departments, under the global economic depression, the purchasing power on non-essential products has been reduced remarkably since the late months of 2022. Therefore, its business result in 2023 is forecasted to be not as good as 2022's. Total number of employees of the subject is now about 5,000 people.

Headquarters
Lot B, Que Vo Industrial Park, Nam Son Ward
Bac Ninh; Red River Delta; Postal Code: 16000

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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:
January 31, 2007
Key Executives
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Chairman and General Director
Ownership Details
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100%
Subsidiaries
Fuyu Precision Component Company Limited
50%
Fulian Precision Technology Component Company Limited
Company Performance
Financial values in the chart are available after Funing Precision Component Company Limited 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
-12.3%
Total operating revenue
-12.3%
Operating profit (EBIT)
-61.39%
Net Profit (Loss) for the Period
-63.43%
Total assets
-19.85%
Total equity
10.41%
Operating Profit Margin (ROS)
-3.57%
Net Profit Margin
-3.48%
Return on Equity (ROE)
-19.02%
Debt to Equity Ratio
-42.44%
Quick Ratio
0.36%
Cash Ratio
0.04%

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