An Phat Plastic and Green Environment JSC (AAA) - Net Assets
Based on the latest financial reports, An Phat Plastic and Green Environment JSC (AAA) has net assets worth ₫6.08 Trillion VND (≈ $230.97 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₫12.89 Trillion ≈ $489.80 Million USD) and total liabilities (₫6.81 Trillion ≈ $258.83 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check An Phat Plastic and Green Environment JS liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₫6.08 Trillion |
| % of Total Assets | 47.16% |
| Annual Growth Rate | 22.57% |
| 5-Year Change | 11.46% |
| 10-Year Change | N/A |
| Growth Volatility | 48.92 |
An Phat Plastic and Green Environment JSC - Net Assets Trend (2019–2025)
This chart illustrates how An Phat Plastic and Green Environment JSC's net assets have evolved over time, based on quarterly financial data. Also explore AAA asset base for the complete picture of this company's asset base.
Annual Net Assets for An Phat Plastic and Green Environment JSC (2019–2025)
The table below shows the annual net assets of An Phat Plastic and Green Environment JSC from 2019 to 2025. For live valuation and market cap data, see An Phat Plastic and Green Environment JS (AAA) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫6.08 Trillion ≈ $230.97 Million |
-2.52% |
| 2024-12-31 | ₫6.24 Trillion ≈ $236.94 Million |
+4.57% |
| 2023-12-31 | ₫5.96 Trillion ≈ $226.59 Million |
-3.36% |
| 2022-12-31 | ₫6.17 Trillion ≈ $234.47 Million |
+13.14% |
| 2021-12-31 | ₫5.45 Trillion ≈ $207.23 Million |
+136.09% |
| 2020-12-31 | ₫2.31 Trillion ≈ $87.78 Million |
+28.89% |
| 2019-12-31 | ₫1.79 Trillion ≈ $68.10 Million |
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Equity Component Analysis
This analysis shows how different components contribute to An Phat Plastic and Green Environment JSC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 17.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫551.74 Billion | 10.09% |
| Other Components | ₫4.92 Trillion | 89.91% |
| Total Equity | ₫5.47 Trillion | 100.00% |
An Phat Plastic and Green Environment JSC Competitors by Market Cap
The table below lists competitors of An Phat Plastic and Green Environment JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Michael Hill International Ltd
AU:MHJ
|
$106.20 Million |
|
GSD Holding AS
IS:GSDHO
|
$106.23 Million |
|
Energy World Corporation Ltd
AU:EWC
|
$106.29 Million |
|
Yi Jinn Industrial Co Ltd
TW:1457
|
$106.31 Million |
|
Zeus Co.Ltd
KQ:079370
|
$106.16 Million |
|
Gladiator Metals Corp
V:GLAD
|
$106.10 Million |
|
Yangarra Resources Ltd
TO:YGR
|
$106.10 Million |
|
Paragon Technologies Co Ltd
TW:3518
|
$106.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in An Phat Plastic and Green Environment JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,333,818,642,383 to 5,468,424,843,367, a change of 134,606,200,984 (2.5%).
- Net income of 372,912,597,362 contributed positively to equity growth.
- Dividend payments of 114,718,284,700 reduced retained earnings.
- New share issuances of 46,355,220,000 increased equity.
- Other factors decreased equity by 169,943,331,678.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫372.91 Billion | +6.82% |
| Dividends Paid | ₫114.72 Billion | -2.1% |
| Share Issuances | ₫46.36 Billion | +0.85% |
| Other Changes | ₫-169.94 Billion | -3.11% |
| Total Change | ₫- | 2.52% |
Book Value vs Market Value Analysis
This analysis compares An Phat Plastic and Green Environment JSC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.52x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.77x to 0.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | ₫9470.73 | ₫7310.00 | x |
| 2022-12-31 | ₫14439.59 | ₫7310.00 | x |
| 2023-12-31 | ₫13979.92 | ₫7310.00 | x |
| 2024-12-31 | ₫13952.85 | ₫7310.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently An Phat Plastic and Green Environment JSC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.82%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.48%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 2.36x
- Recent ROE (6.82%) is below the historical average (9.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 25.69% | 4.97% | 1.16x | 4.46x | ₫281.22 Billion |
| 2020 | 11.35% | 3.53% | 0.87x | 3.71x | ₫31.22 Billion |
| 2021 | 6.05% | 2.21% | 1.31x | 2.09x | ₫-189.21 Billion |
| 2022 | 2.76% | 1.00% | 1.42x | 1.96x | ₫-399.39 Billion |
| 2023 | 5.42% | 2.29% | 1.09x | 2.17x | ₫-245.01 Billion |
| 2024 | 6.91% | 2.88% | 0.93x | 2.58x | ₫-164.80 Billion |
| 2025 | 6.82% | 3.48% | 0.83x | 2.36x | ₫-173.93 Billion |
Industry Comparison
This section compares An Phat Plastic and Green Environment JSC's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $558,483,856,314
- Average return on equity (ROE) among peers: 11.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| An Phat Plastic and Green Environment JSC (AAA) | ₫6.08 Trillion | 25.69% | 1.12x | $106.17 Million |
| Thuan Duc JSC (TDP) | $558.48 Billion | 11.08% | 1.89x | $110.99 Million |
About An Phat Plastic and Green Environment JSC
An Phat Bioplastics Joint Stock Company, together with its subsidiaries, produces and trades in plastic products in Vietnam, Singapore, the United States, Korea, and internationally. The company offers plastic packaging products; compostable, krafted paper, food, garbage, and shopping/fashion bags; PE liners; stretch and agriculture films; and draw tape and plastic bags, gloves, knives, forks, an… Read more