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Motomotion Vietnam Limited Company (Vietnam)

Main Activities: All Other Electrical Equipment and Component Manufacturing
Full name: Motomotion Vietnam Limited 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

The subject is one member of HHC Group (China). This group is engaged in the research and development of Smart Home Products. In 2019, it established the first production facility outside of China named MOTOMOTION VIETNAM LIMITED COMPANY. The subject focuses on manufacturing electrical sofas and beds mainly exported to USA, EU. It mainly imports materials and machines from China, India. According to media information, its main suppliers are HHC YOURWAY MECHS CORP and HHC CHANGZHOU STRATEGIC SOLUTIONS.In Sep 2023, subject has planned to increase the capacity of the electric chair factory from 327,600 pieces/year to 1,000,000 pieces/year; motors and transmission equipment from 234,000 pieces/year to 1,404,000 pieces/year; electric beds from 421,200 pieces/year to 600,000 pieces/year; bed and chair structures from 499,200 pieces/year to 1,248,000 pieces/year; additional production of electric cables of 300,000 strands/year. For purpose of expanding factories and offices using a total area of 25,204.4 sqm, it will hire warehouses of BW, Ngoc Minh, JiangDong, Dai Phuc Quang Minh and Anh Tam My Phuoc companies.On HR website and facebook, the subject is hiring more 150 workers for manufacture.

Headquarters
Workshop C-1B-D1 to C-1B-D4A and C-1B-B5 to C-1B-B8, Lot C-1B-CN, DE4 Street, My Phuoc 3 Industrial Park, Thoi Hoa Ward
Binh Duong; South Eastern Vietnam; Postal Code: 75000

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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:
May 02, 2019
Key Executives
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General Director
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Chairwoman
Ownership Details
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Company Performance
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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
-21.57%
Total operating revenue
-21.57%
Operating profit (EBIT)
-30.25%
Net Profit (Loss) for the Period
-49.57%
Total assets
-16.75%
Total equity
4.17%
Operating Profit Margin (ROS)
-2.1%
Net Profit Margin
-7.9%
Return on Equity (ROE)
-28.27%
Quick Ratio
2.55%
Cash Ratio
1.03%

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