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Hyundai Thanh Cong Viet Nam Auto Manufacturing Corporation (Vietnam)

Main Activities: Motor Vehicle Manufacturing
Secondary Activities: Automobile and Other Motor Vehicle Merchant Wholesalers | Automotive Parts and Accessories Stores | General Automotive Repair
Full name: Hyundai Thanh Cong Viet Nam Auto Manufacturing Corporation 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

Being founded in 2016, the subject (HTMV) is specialized in manufacturing and assembling cars of the HYUNDAI brand. Its output products are supplied to the local market. The subject mostly imports car parts and engines overseas, from India, South Korea, China, Singapore, Indonesia, UK…As introduced, HTMV is considered as a joint venture between THANH CONG GROUP (Vietnamese partner) and HYUNDAI MOTOR GROUP (South Korea partner). THANH CONG GROUP JOINT STOCK COMPANY transferred its factory in Ninh Binh Province to the subject in the last quarter of 2017. As Mass media, the first Hyundai Thanh Cong Motor Vietnam Plant (HTMV 1 Plant) had a production capacity of 70,000 cars per year.Especially, in Sep 2020, the subject started building the second Hyundai Thanh Cong Motor Vietnam Plant (HTMV 2 Plant). The firm held the inauguration of factory No. 2 on November 15, 2022.HTMV2 factory was built on a total area of more than 50ha, factory area of 87,000m2, length of test track 1.5km (1,503m), with a total design capacity of 100,000 vehicles/year, combined with factory No. 1 will increase the total capacity of Hyundai vehicles manufactured by 2025 to 180,000 vehicles/year.

Headquarters
Gian Khau Industrial Park, Gia Tran Commune
Ninh Binh; Red River Delta; Postal Code: 08000

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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:
September 19, 2016
Key Executives
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Chairman
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General Director
Ownership Details
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50%
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30%
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10%
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10%
Subsidiaries
Dong Anh Thanh Cong Auto Joint Stock Company
49%
Eco-Medical Manufacture Joint Stock Company
Ecoglove Medical Manufacturing Company Limited
Company Performance
Financial values in the chart are available after Hyundai Thanh Cong Viet Nam Auto Manufacturing Corporation 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
-10.51%
Total operating revenue
-10.51%
Operating profit (EBIT)
-70.16%
Net Profit (Loss) for the Period
-71.03%
Total assets
-12.98%
Total equity
7%
Operating Profit Margin (ROS)
-3.55%
Net Profit Margin
-3.19%
Return on Equity (ROE)
-17.61%
Quick Ratio
-0.41%
Cash Ratio
-0.22%

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