Song Hong Garment JSC (MSH) — Net Asset Quality Index

Latest as of December 2025: 47.3%

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. Check asset resilience ratio of Song Hong Garment JSC to evaluate the company's liquid asset resilience ratio.

Quality Index

47.3%
Equity / Total Assets

Net Assets

₫2.21 Trillion
VND

Total Assets

₫4.68 Trillion
VND

Total Liabilities

₫2.46 Trillion
VND

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. See working capital position of Song Hong Garment JSC to evaluate short-term liquidity relative to the company's equity base.

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. For market capitalisation and the full company profile, see Song Hong Garment JSC (MSH) total market value.

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
pp = percentage points