Damsan JSC (ADS) - Net Assets
Based on the latest financial reports, Damsan JSC (ADS) has net assets worth ₫1.02 Trillion VND (≈ $38.87 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 (₫2.51 Trillion ≈ $95.53 Million USD) and total liabilities (₫1.49 Trillion ≈ $56.67 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 how resilient are Damsan JSC's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₫1.02 Trillion |
| % of Total Assets | 40.69% |
| Annual Growth Rate | 16.79% |
| 5-Year Change | 75.21% |
| 10-Year Change | N/A |
| Growth Volatility | 15.3 |
Damsan JSC - Net Assets Trend (2019–2025)
This chart illustrates how Damsan JSC's net assets have evolved over time, based on quarterly financial data. Also explore Damsan JSC (ADS) total assets for the complete picture of this company's asset base.
Annual Net Assets for Damsan JSC (2019–2025)
The table below shows the annual net assets of Damsan JSC from 2019 to 2025. For live valuation and market cap data, see Damsan JSC (ADS) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫1.02 Trillion ≈ $38.87 Million |
+6.86% |
| 2024-12-31 | ₫957.32 Billion ≈ $36.37 Million |
+4.25% |
| 2023-12-31 | ₫918.25 Billion ≈ $34.89 Million |
+39.74% |
| 2022-12-31 | ₫657.09 Billion ≈ $24.97 Million |
+12.54% |
| 2021-12-31 | ₫583.90 Billion ≈ $22.18 Million |
+38.32% |
| 2020-12-31 | ₫422.14 Billion ≈ $16.04 Million |
+4.72% |
| 2019-12-31 | ₫403.11 Billion ≈ $15.32 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Damsan 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 grown by 248.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫128.82 Billion | 13.29% |
| Other Components | ₫840.21 Billion | 86.71% |
| Total Equity | ₫969.03 Billion | 100.00% |
Damsan JSC Competitors by Market Cap
The table below lists competitors of Damsan JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sebang Co Ltd
KO:004365
|
$25.78 Million |
|
EMMERSON PLC O.N.
F:4UM
|
$25.78 Million |
|
Siili Solutions Oyj
HE:SIILI
|
$25.78 Million |
|
Maral Overseas Limited
NSE:MARALOVER
|
$25.79 Million |
|
PNC Technologies co. Ltd
KQ:237750
|
$25.76 Million |
|
Noodles & Company
NASDAQ:NDLS
|
$25.75 Million |
|
Galil Capital Re Spain SOCIMI SA
MC:YGCS
|
$25.75 Million |
|
Greenyield Bhd
KLSE:0136
|
$25.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Damsan JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 906,193,784,614 to 969,027,815,164, a change of 62,834,030,550 (6.9%).
- Net income of 99,297,485,724 contributed positively to equity growth.
- Dividend payments of 33,648,934,925 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫99.30 Billion | +10.25% |
| Dividends Paid | ₫33.65 Billion | -3.47% |
| Other Changes | ₫-2.81 Billion | -0.29% |
| Total Change | ₫- | 6.93% |
Book Value vs Market Value Analysis
This analysis compares Damsan 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: 0.70x
- 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 1.35x to 0.70x 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 | ₫6561.72 | ₫8880.00 | x |
| 2020-12-31 | ₫6937.40 | ₫8880.00 | x |
| 2021-12-31 | ₫9374.32 | ₫8880.00 | x |
| 2022-12-31 | ₫10632.32 | ₫8880.00 | x |
| 2023-12-31 | ₫12644.38 | ₫8880.00 | x |
| 2024-12-31 | ₫11861.99 | ₫8880.00 | x |
| 2025-12-31 | ₫12684.49 | ₫8880.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Damsan 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): 10.25%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.37%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 2.59x
- Recent ROE (10.25%) is above the historical average (7.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -1.87% | -0.51% | 0.78x | 4.75x | ₫-43.30 Billion |
| 2020 | 5.46% | 1.57% | 0.73x | 4.76x | ₫-17.53 Billion |
| 2021 | 15.70% | 5.63% | 0.76x | 3.66x | ₫30.93 Billion |
| 2022 | 10.95% | 3.98% | 0.78x | 3.54x | ₫5.84 Billion |
| 2023 | 7.91% | 3.56% | 0.66x | 3.39x | ₫-15.41 Billion |
| 2024 | 5.62% | 3.13% | 0.63x | 2.87x | ₫-39.66 Billion |
| 2025 | 10.25% | 5.37% | 0.74x | 2.59x | ₫2.39 Billion |
Industry Comparison
This section compares Damsan JSC's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $1,527,078,237,348
- Average return on equity (ROE) among peers: 10.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Damsan JSC (ADS) | ₫1.02 Trillion | -1.87% | 1.46x | $25.77 Million |
| Century Synthetic Fiber Corp (STK) | $1.63 Trillion | 5.39% | 0.83x | $69.21 Million |
| Thanh Cong Textile Garment Investment Trading JSC (TCM) | $1.43 Trillion | 15.14% | 1.05x | $97.48 Million |
About Damsan JSC
Damsan Joint Stock Company produces and sells cotton towels and yarns in Vietnam. It is also involved in the building infrastructure, industrial park, and urban apartment real estate business. The company also export its products. Damsan Joint Stock Company was founded in 2006 and is based in Hung Yen, Vietnam.