Song Hong Garment JSC (MSH) — Net Asset Quality Index
Song Hong Garment JSC (MSH) has a Net Asset Quality Index of 47.3% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of ₫4.68 Trillion minus total liabilities of ₫2.46 Trillion yields net assets of ₫2.21 Trillion. A higher index indicates a stronger, lower-leverage balance sheet. Read Song Hong Garment JSC debt and liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Song Hong Garment JSC Net Asset Quality Index Over Time (2020–2025)
This chart shows how Song Hong Garment JSC's Net Asset Quality Index has evolved across 6 annual periods from 2020 to 2025. As of December 2025, the index stands at 47.3%, representing net assets of ₫2.21 Trillion against total assets of ₫4.68 Trillion VND. For live market cap and overall valuation, see MSH market cap.
Annual Net Asset Quality Index for Song Hong Garment JSC (2020–2025)
The table below presents the year-by-year Net Asset Quality Index for Song Hong Garment JSC from 2020 to 2025, 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. Check Song Hong Garment JSC strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (VND) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 47.2% | ₫2.21 Trillion | ₫4.68 Trillion | ₫2.47 Trillion | ▲ +1.7 pp |
| 2024 | 45.4% | ₫2.06 Trillion | ₫4.52 Trillion | ₫2.47 Trillion | ▼ -7.0 pp |
| 2023 | 52.4% | ₫1.81 Trillion | ₫3.45 Trillion | ₫1.64 Trillion | ▲ +0.2 pp |
| 2022 | 52.2% | ₫1.72 Trillion | ₫3.29 Trillion | ₫1.58 Trillion | ▲ +5.5 pp |
| 2021 | 46.7% | ₫1.50 Trillion | ₫3.20 Trillion | ₫1.71 Trillion | ▼ -8.2 pp |
| 2020 | 54.9% | ₫1.44 Trillion | ₫2.63 Trillion | ₫1.19 Trillion | — |