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Hoa Phat Refrigeration Engineering Co., Ltd (Vietnam)

Main Activities: Household Appliance Manufacturing
Secondary Activities: Plastics Product Manufacturing | All Other General Purpose Machinery Manufacturing | Furniture and Related Product Manufacturing
Full name: Hoa Phat Refrigeration Engineering Co., Ltd 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 is one of three subsidiaries of HOA PHAT HOME APPLIANCES JOINT STOCK COMPANY, which belongs to Hoa Phat Group system in the home appliance industry. The subject was set up in 2001 to manage the first project of Hoa Phat Group in Pho Noi A Industrial Park, Giai Pham Commune, Yen My District, Hung Yen Province, Vietnam, which focuses on manufacturing refrigeration products: air-conditioners, fridges, freezers, and accessories. The subject has continuously diversified its product portfolio. In 2022, as announced in the annual report of Hoa Phat Group, the air conditioning industry has launched the SmartCare+ product line with healthcare features and smart Wi-Fi connection. Funiki air conditioner increases the proportion of super-saving inverter lines by up to 30%; It also develops the line of freezers with a capacity of more than 1000 liters, 2-door and 3-door large refrigerators,…Currently, the subject's products are distributed widely through supermarket chains such as Dien May Xanh, Dien May Cho Lon, HC, Pico … and on e-commerce channels like Lazada, Shopee, … Besides the domestic market, the subject exports to Malaysia, Singapore, Thailand, China, etc.  The profitability performance is generally considered well.

Headquarters
Pho Noi A Industrial Park, Giai Pham Commune
Hung Yen; Red River Delta; Postal Code: 17000

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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:
July 04, 2001
Key Executives
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Director
Ownership Details
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99.833%
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0.167%
Subsidiaries
Hoa Phat Ha Nam Home Appliances Joint Stock Company
Hoa Phat Phu My Refrigeration Engineering Joint Stock Company
Company Performance
Financial values in the chart are available after Hoa Phat Refrigeration Engineering Co., Ltd 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
71.38%
Total operating revenue
71.38%
Operating profit (EBIT)
-47.54%
Net Profit (Loss) for the Period
-52.58%
Total assets
13.43%
Total equity
4.06%
Operating Profit Margin (ROS)
-8.86%
Net Profit Margin
-7.99%
Return on Equity (ROE)
-23.98%
Debt to Equity Ratio
61.42%
Quick Ratio
0.23%
Cash Ratio
-0.08%

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