Viet Thanh Plastic Trading and Manufacturing JSC
VTZ · Household Durables · Vietnam
Viet Thanh Plastic Trading and Manufacturing JSC is a Vietnam-based company engaged in the plastic products manufacturing industry. The Company specializes in the manufacturing of household plastic products, such as cabinets, chairs, tables, cups, kitchen racks and other household products. It is also involved in the wholesale of plastic materials, machinery and equipment for the plastic industry. Besides, the Company manufactures metal household products, such as cabinets, chairs and tables, together with participating in the wholesale of metal materials. In addition, the Company is engaged in freight transportation by trucks.
- Feedstock spread (price - input cost) (leading)
- Plant utilization rate (coincident)
- End-market demand (auto, construction, agri) (leading)
- Inventory destocking/restocking cycles (coincident)
- Specialty volume growth (trend)
- Energy/feedstock cost (Russia gas, Middle East oil) · exposure: high
- Trade tariffs on chemical exports/imports · exposure: medium-high
- Environmental regulation (EU REACH, US EPA) · exposure: high
- Agricultural policy (subsidies, fertilizer demand) · exposure: medium for agri-chem
- EBITDA margin % — 5-15% commodity; 15-25% specialty
- Capex/sales % — watch trough vs peak
- Plant utilization % — 82-92% healthy; <80% pressure
- ROIC — 10%+ specialty; 6-10% commodity through cycle
- Net debt / EBITDA — below 3.0x healthy; cyclical buffer
Detailed financial analysis, valuation snapshot, multi-period history, and AI narrative are pending — generated when this company is included in the next analysis batch. Profile data above is point-in-time as of 2026-04-30.