AgriBank Securities JSC (AGR) - Net Assets
Based on the latest financial reports, AgriBank Securities JSC (AGR) has net assets worth ₫2.57 Trillion VND (≈ $97.56 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 (₫4.43 Trillion ≈ $168.46 Million USD) and total liabilities (₫1.87 Trillion ≈ $70.89 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 AgriBank Securities JSC's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₫2.57 Trillion |
| % of Total Assets | 57.92% |
| Annual Growth Rate | 4.54% |
| 5-Year Change | 4.77% |
| 10-Year Change | N/A |
| Growth Volatility | 6.19 |
AgriBank Securities JSC - Net Assets Trend (2019–2025)
This chart illustrates how AgriBank Securities JSC's net assets have evolved over time, based on quarterly financial data. Also explore AGR total asset value for the complete picture of this company's asset base.
Annual Net Assets for AgriBank Securities JSC (2019–2025)
The table below shows the annual net assets of AgriBank Securities JSC from 2019 to 2025. For live valuation and market cap data, see AgriBank Securities JSC market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫2.57 Trillion ≈ $97.56 Million |
+5.13% |
| 2024-12-31 | ₫2.44 Trillion ≈ $92.81 Million |
-2.09% |
| 2023-12-31 | ₫2.49 Trillion ≈ $94.78 Million |
-0.10% |
| 2022-12-31 | ₫2.50 Trillion ≈ $94.88 Million |
+1.88% |
| 2021-12-31 | ₫2.45 Trillion ≈ $93.12 Million |
+16.90% |
| 2020-12-31 | ₫2.10 Trillion ≈ $79.66 Million |
+6.60% |
| 2019-12-31 | ₫1.97 Trillion ≈ $74.73 Million |
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Equity Component Analysis
This analysis shows how different components contribute to AgriBank Securities 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 54090185601100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫243.60 Billion | 9.49% |
| Other Components | ₫2.32 Trillion | 90.51% |
| Total Equity | ₫2.57 Trillion | 100.00% |
AgriBank Securities JSC Competitors by Market Cap
The table below lists competitors of AgriBank Securities JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Polaris Office Corp
KQ:041020
|
$125.79 Million |
|
Smith Douglas Homes Corp.
NYSE:SDHC
|
$125.80 Million |
|
GCI Liberty, Inc. - Series A GCI Group
NASDAQ:GLIBA
|
$125.81 Million |
|
CastleNet Technology
TWO:8059
|
$125.83 Million |
|
FACT II Acquisition Corp. Class A Ordinary Shares
NASDAQ:FACT
|
$125.78 Million |
|
HusCompagniet AS
CO:HUSCO
|
$125.76 Million |
|
SRM CONTRACTORS ORD (BSE)
NSE:SRM
|
$125.74 Million |
|
Semen Baturaja Persero Tbk
JK:SMBR
|
$125.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AgriBank Securities JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,442,687,708,384 to 2,567,884,021,221, a change of 125,196,312,837 (5.1%).
- Net income of 141,886,639,501 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫141.89 Billion | +5.53% |
| Other Changes | ₫-16.69 Billion | -0.65% |
| Total Change | ₫- | 5.13% |
Book Value vs Market Value Analysis
This analysis compares AgriBank Securities 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: 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 1.58x 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 | ₫9166.11 | ₫14500.00 | x |
| 2020-12-31 | ₫9770.70 | ₫14500.00 | x |
| 2021-12-31 | ₫11422.33 | ₫14500.00 | x |
| 2022-12-31 | ₫11779.35 | ₫14500.00 | x |
| 2023-12-31 | ₫11582.36 | ₫14500.00 | x |
| 2024-12-31 | ₫10698.77 | ₫14500.00 | x |
| 2025-12-31 | ₫11247.27 | ₫14500.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AgriBank Securities 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): 5.53%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 36.25%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.73x
- Recent ROE (5.53%) is below the historical average (6.69%), 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 | 3.47% | 71.88% | 0.04x | 1.07x | ₫-128.43 Billion |
| 2020 | 4.62% | 79.75% | 0.05x | 1.09x | ₫-112.87 Billion |
| 2021 | 15.92% | 668.43% | 0.02x | 1.12x | ₫145.03 Billion |
| 2022 | 5.86% | 83.70% | 0.06x | 1.12x | ₫-103.38 Billion |
| 2023 | 5.94% | 44.07% | 0.11x | 1.23x | ₫-101.24 Billion |
| 2024 | 5.53% | 38.01% | 0.10x | 1.42x | ₫-109.12 Billion |
| 2025 | 5.53% | 36.25% | 0.09x | 1.73x | ₫-114.90 Billion |
Industry Comparison
This section compares AgriBank Securities JSC's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $7,744,785,356,648
- Average return on equity (ROE) among peers: 10.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AgriBank Securities JSC (AGR) | ₫2.57 Trillion | 3.47% | 0.73x | $125.78 Million |
| BIDV Securities JSC (BSI) | $4.68 Trillion | 8.72% | 0.78x | $326.75 Million |
| VietinBank Securities JSC (CTS) | $2.25 Trillion | 10.26% | 2.86x | $210.92 Million |
| FPT Securities JSC (FTS) | $4.42 Trillion | 8.98% | 2.15x | $342.94 Million |
| Ho Chi Minh City Securities Corp (HCM) | $7.33 Trillion | 15.66% | 2.33x | $1.10 Billion |
| Tien Phong Securities Corp (ORS) | $2.17 Trillion | 9.70% | 1.19x | $311.73 Million |
| SSI Securities Corp (SSI) | $32.07 Trillion | 12.80% | 1.93x | $2.39 Billion |
| Thien Viet Securities JSC (TVS) | $1.75 Trillion | 29.46% | 3.10x | $116.83 Million |
| Viet Capital Securities JSC (VCI) | $12.94 Trillion | 7.04% | 1.05x | $1.14 Billion |
| Viet Dragon Securities Corp (VDS) | $2.08 Trillion | -5.21% | 1.04x | $149.33 Million |
About AgriBank Securities JSC
Agribank Securities Corporation provides securities brokerage, securities trading, securities underwriting, securities custody, securities investment advisory, entrusted management of investors' securities trading accounts, and other financial services in Vietnam. The company's products include brokerage and investment consulting, financial services, securities depository, securities custody and … Read more