Asia Commercial Bank
Asia Commercial Joint Stock Bank provides various banking products and services to personal and business customers in Vietnam. It offers term and demand deposits, current accounts, time deposit; credit, debit, prepaid, and other cards; and insurance products comprising life, accident, and medical and health insurance services, as well as comprehensive solutions insurance products. The company als… Read more
Asia Commercial Bank (ACB) - Net Assets
Latest net assets as of December 2025: ₫94.52 Trillion VND
Based on the latest financial reports, Asia Commercial Bank (ACB) has net assets worth ₫94.52 Trillion VND as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₫1025.85 Trillion) and total liabilities (₫931.33 Trillion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₫94.52 Trillion |
| % of Total Assets | 9.21% |
| Annual Growth Rate | 22.64% |
| 5-Year Change | 110.51% |
| 10-Year Change | N/A |
| Growth Volatility | 5.95 |
Asia Commercial Bank - Net Assets Trend (2019–2025)
This chart illustrates how Asia Commercial Bank's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Asia Commercial Bank (2019–2025)
The table below shows the annual net assets of Asia Commercial Bank from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫94.52 Trillion | +13.25% |
| 2024-12-31 | ₫83.46 Trillion | +17.62% |
| 2023-12-31 | ₫70.96 Trillion | +21.42% |
| 2022-12-31 | ₫58.44 Trillion | +30.15% |
| 2021-12-31 | ₫44.90 Trillion | +26.67% |
| 2020-12-31 | ₫35.45 Trillion | +27.67% |
| 2019-12-31 | ₫27.77 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Asia Commercial Bank'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 grown by 138.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫25.30 Trillion | 26.77% |
| Other Components | ₫69.22 Trillion | 73.23% |
| Total Equity | ₫94.52 Trillion | 100.00% |
Asia Commercial Bank Competitors by Market Cap
The table below lists competitors of Asia Commercial Bank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RoboTechnik Intelligent Technology Co Ltd
SHE:300757
|
$4.64 Billion |
|
Atlas Arteria Limited
PINK:MAQAF
|
$4.64 Billion |
|
Brother Industries Ltd
PINK:BRTHF
|
$4.64 Billion |
|
MTR Corp Ltd
PINK:MTRJF
|
$4.64 Billion |
|
Fortis Healthcare Limited
NSE:FORTIS
|
$4.64 Billion |
|
Banco de Credito e Inversiones
SN:BCI
|
$4.64 Billion |
|
Brunswick Corporation
NYSE:BC
|
$4.64 Billion |
|
Etsy, Inc.
NYSE:ETSY
|
$4.64 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asia Commercial Bank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 83,461,678,000,000 to 94,519,719,000,000, a change of 11,058,041,000,000 (13.2%).
- Net income of 15,624,699,000,000 contributed positively to equity growth.
- Dividend payments of 4,466,658,000,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫15.62 Trillion | +16.53% |
| Dividends Paid | ₫4.47 Trillion | -4.73% |
| Other Changes | ₫-100.00 Billion | -0.11% |
| Total Change | ₫- | 13.25% |
Book Value vs Market Value Analysis
This analysis compares Asia Commercial Bank'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: 1.29x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.84x to 1.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ₫12893.31 | ₫23750.00 | x |
| 2020-12-31 | ₫9126.60 | ₫23750.00 | x |
| 2021-12-31 | ₫11560.33 | ₫23750.00 | x |
| 2022-12-31 | ₫15045.80 | ₫23750.00 | x |
| 2023-12-31 | ₫13813.65 | ₫23750.00 | x |
| 2024-12-31 | ₫16248.25 | ₫23750.00 | x |
| 2025-12-31 | ₫18401.02 | ₫23750.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asia Commercial Bank 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): 16.53%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 44.64%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 10.85x
- Recent ROE (16.53%) is below the historical average (21.06%), 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 | 21.65% | 40.80% | 0.04x | 13.81x | ₫3.23 Trillion |
| 2020 | 21.67% | 42.74% | 0.04x | 12.54x | ₫4.14 Trillion |
| 2021 | 21.39% | 41.02% | 0.04x | 11.75x | ₫5.11 Trillion |
| 2022 | 23.42% | 48.31% | 0.05x | 10.40x | ₫7.84 Trillion |
| 2023 | 22.61% | 50.07% | 0.04x | 10.13x | ₫8.95 Trillion |
| 2024 | 20.12% | 49.15% | 0.04x | 10.35x | ₫8.44 Trillion |
| 2025 | 16.53% | 44.64% | 0.03x | 10.85x | ₫6.17 Trillion |
Industry Comparison
This section compares Asia Commercial Bank's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $53,950,838,603,703
- Average return on equity (ROE) among peers: 15.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Asia Commercial Bank (ACB) | ₫94.52 Trillion | 21.65% | 9.85x | $4.64 Billion |
| Joint Stock Commercial Bank for Investment and Development of Vietnam (BID) | $77.65 Trillion | 10.78% | 18.19x | $11.18 Billion |
| Vietnam JSCmmercial Bank for Industry and Trade (CTG) | $77.35 Trillion | 12.23% | 15.04x | $1.66 Billion |
| Ho Chi Minh City Development Joint Stock Commercial Bank (HDB) | $24.70 Trillion | 17.20% | 11.92x | $4.29 Billion |
| Lien Viet Post Joint Stock Commercial Bank (LPB) | $43.34 Trillion | 22.43% | 10.73x | $4.91 Billion |
| Military Commercial Joint Stock Bank (MBB) | $142.02 Trillion | 18.86% | 10.38x | $8.27 Billion |
| Orient Commercial JS Bank (OCB) | $31.67 Trillion | 10.02% | 7.86x | $1.08 Billion |
| Sai Gon Ha Noi Commercial Joint Stock Bank (SHB) | $42.90 Trillion | 18.01% | 11.84x | $2.32 Billion |
| Southeast Asia Commercial JS Bank (SSB) | $13.67 Trillion | 9.95% | 12.18x | $1.67 Billion |
| Tien Phong Commercial Joint Stock Bank (TPB) | $32.24 Trillion | 19.42% | 9.19x | $1.70 Billion |