Vietnam Airlines JSC (HVN) — Net Asset Quality Index
Vietnam Airlines JSC (HVN) has a Net Asset Quality Index of -5.0% as of June 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of ₫62.24 Trillion minus total liabilities of ₫65.34 Trillion yields net assets of ₫-3.10 Trillion. A higher index indicates a stronger, lower-leverage balance sheet. Check Vietnam Airlines JSC cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Vietnam Airlines JSC Net Asset Quality Index Over Time (2019–2024)
This chart shows how Vietnam Airlines JSC's Net Asset Quality Index has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the index stands at -5.0%, representing net assets of ₫-3.10 Trillion against total assets of ₫62.24 Trillion VND. See Vietnam Airlines JSC book value and equity for net asset value and shareholders' equity analysis.
Annual Net Asset Quality Index for Vietnam Airlines JSC (2019–2024)
The table below presents the year-by-year Net Asset Quality Index for Vietnam Airlines JSC from 2019 to 2024, covering 6 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see Vietnam Airlines JSC stock valuation.
| Year | Quality Index | Net Assets (VND) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -16.1% | ₫-9.34 Trillion | ₫58.19 Trillion | ₫67.53 Trillion | ▲ +13.4 pp |
| 2023 | -29.5% | ₫-17.03 Trillion | ₫57.72 Trillion | ₫74.74 Trillion | ▼ -11.3 pp |
| 2022 | -18.2% | ₫-11.06 Trillion | ₫60.64 Trillion | ₫71.69 Trillion | ▼ -19.1 pp |
| 2021 | 0.8% | ₫524.21 Billion | ₫63.06 Trillion | ₫62.53 Trillion | ▼ -8.9 pp |
| 2020 | 9.7% | ₫6.07 Trillion | ₫62.56 Trillion | ₫56.49 Trillion | ▼ -14.6 pp |
| 2019 | 24.3% | ₫18.61 Trillion | ₫76.45 Trillion | ₫57.85 Trillion | — |