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Ci Bao Co., Ltd. (Vietnam)

Main Activities: Footwear Manufacturing
Secondary Activities: Offices of Real Estate Agents and Brokers
Full name: Ci Bao Co., Ltd. Profile Updated: December 02, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Ci Bao Co., Ltd is a member of Shyang Shin Bao Group, headquartered in Taiwan. This is an authorized footwear manufacturing partner of Adidas Group. According to our source, Ci Bao Co., Ltd mainly imports from and exports to Taiwan through Shyang Shin Bao Ind Co.Ltd.According to media search, the subject had more than 2 months of shutdown due to the impact of Covid-19 pandemic in 2021. In 2022, amid leather and footwear industry's wave of labor cuts due to reduced orders under the influence of post-Covid economic recession, especially in the fourth quarter of 2022, the company did not cut off and maintained 5,300 employees. By the end of 2023, the number of employees was updated to 3,800 people. Recently, because the business has had more new orders and more contracts from brands other than the traditional brands it is processing, there is a need to recruit a large number of 1,000 workers. However, due to the Lunar New Year 2024, the company's Trade Union representative said its recruitment encountered many difficulties.

Headquarters
Road N5, Suoi Tre Industrial Park, Suoi Tre Ward
Tuyen Quang; North Eastern Vietnam; Postal Code: 76000

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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:
March 16, 2015
Key Executives
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Chairman
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General Director
Ownership Details
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100%
Subsidiaries
Shyang Ta Co.Ltd
Company Performance
Financial values in the chart are available after Ci Bao 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
-33.91%
Total operating revenue
-33.91%
Operating profit (EBIT)
84.18%
Net Profit (Loss) for the Period
96.17%
Total assets
-1.31%
Total equity
1.5%
Operating Profit Margin (ROS)
0.59%
Net Profit Margin
0.96%
Return on Equity (ROE)
1.67%
Debt to Equity Ratio
-1.78%
Quick Ratio
0.6%
Cash Ratio
0.01%

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