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Hyundai - Vietnam Shipbuilding Co., Ltd (Vietnam)

Main Activities: Ship Building and Repairing
Secondary Activities: Fabricated Structural Metal Manufacturing | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
Full name: Hyundai - Vietnam Shipbuilding 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

Founded in 1996, HVS is a joint venture between South Korean partners and Shipbuilding Industry Corporation in Vietnam. Previously, this company specialized in ship conversion and repair. Since moving into the new building business in the late 2000s, HVS has become the largest shipyard in Southeast Asia with the delivery of a total of 157 cargo ships up to 87,000 tons and oil tankers up to 75,000 tons for customers around the world such as Italy, Japan, South Korea, Greece, Denmark, England, Singapore...According to Newsis news network on June 14, 2023, HVS has just won an order to build two ships carrying petroleum products from a shipping company in Africa. In 2023, HVS plans to deliver a total of 13 ships with a revenue target of USD 543.8 million. From the beginning of 2023 until now, HVS has built and handed over 8 new ships with a tonnage of 50,000 tons with a revenue of USD 259 million for partners, reaching 47.6% of the year plan. In 2023, HVS will deploy 3 projects with a series of 13 large oil tankers of up to 115 thousand tons for British and Greek ship owners, lasting until 2026.

Headquarters
No. 1, My Giang Street, Ninh Phuoc Commune
Khanh Hoa; South Central Coastal Vietnam; Postal Code: 57000

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Website: http://hvs.com.vn/

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
September 30, 1996
Key Executives
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General Director
Ownership Details
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55%
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30%
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10%
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5%
Subsidiaries
Bach Dang Shipbuilding Industry Corporation
Company Performance
Financial values in the chart are available after Hyundai - Vietnam Shipbuilding 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
82.49%
Total operating revenue
82.49%
Operating profit (EBIT)
114.59%
Net Profit (Loss) for the Period
N/A
Total assets
30.56%
Total equity
-3.61%
Operating Profit Margin (ROS)
0.04%
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
31.86%
Quick Ratio
0.13%
Cash Ratio
0.05%

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