An Phat Holdings JSC
An Phat Holdings Joint Stock Company engages in bioplastic products and materials, packaging, engineering and construction plastics, plastic raw materials, mold manufacturing and precision engineering, and industrial real estate businesses. It operates through Manufacturing, Selling, Trading Plastic Beads and Plastic Products; Selling Factories, Leasing Land and Industrial Zone Infrastructure; an… Read more
An Phat Holdings JSC (APH) - Net Assets
Latest net assets as of December 2025: ₫5.80 Trillion VND
Based on the latest financial reports, An Phat Holdings JSC (APH) has net assets worth ₫5.80 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 (₫12.61 Trillion) and total liabilities (₫6.81 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 | ₫5.80 Trillion |
| % of Total Assets | 45.98% |
| Annual Growth Rate | -0.62% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.34 |
An Phat Holdings JSC - Net Assets Trend (2021–2025)
This chart illustrates how An Phat Holdings JSC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for An Phat Holdings JSC (2021–2025)
The table below shows the annual net assets of An Phat Holdings JSC from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫5.80 Trillion | -2.07% |
| 2024-12-31 | ₫5.92 Trillion | +3.35% |
| 2023-12-31 | ₫5.73 Trillion | -8.45% |
| 2022-12-31 | ₫6.26 Trillion | +5.27% |
| 2021-12-31 | ₫5.94 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to An Phat Holdings 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 150.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₫2.58 Trillion | 102.18% |
| Total Equity | ₫2.53 Trillion | 100.00% |
An Phat Holdings JSC Competitors by Market Cap
The table below lists competitors of An Phat Holdings JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ferrum S.A.
BA:FERR
|
$53.90 Million |
|
Nerdy Inc
NYSE:NRDY
|
$53.91 Million |
|
Ateme S.A.
LSE:0QVW
|
$53.91 Million |
|
Lithium Chile Inc
PINK:LTMCF
|
$53.93 Million |
|
Northern Superior Resources Inc
OTCQB:NSUPF
|
$53.88 Million |
|
Valerio Therapeutics
PA:ALVIO
|
$53.88 Million |
|
GRIGEO AB EO -29
F:WM8
|
$53.87 Million |
|
Columbus Acquisition Corp Unit
NASDAQ:COLAU
|
$53.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in An Phat Holdings JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,505,939,698,405 to 2,529,180,367,140, a change of 23,240,668,735 (0.9%).
- Net income of 163,530,096,565 contributed positively to equity growth.
- Dividend payments of 57,182,066,500 reduced retained earnings.
- New share issuances of 46,355,220,000 increased equity.
- Other factors decreased equity by 129,462,581,330.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫163.53 Billion | +6.47% |
| Dividends Paid | ₫57.18 Billion | -2.26% |
| Share Issuances | ₫46.36 Billion | +1.83% |
| Other Changes | ₫-129.46 Billion | -5.12% |
| Total Change | ₫- | 0.93% |
Book Value vs Market Value Analysis
This analysis compares An Phat Holdings 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: 0.55x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | ₫11712.96 | ₫5730.00 | x |
| 2023-12-31 | ₫9853.83 | ₫5730.00 | x |
| 2024-12-31 | ₫10275.12 | ₫5730.00 | x |
| 2025-12-31 | ₫10370.41 | ₫5730.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently An Phat Holdings 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): 6.47%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.52%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 4.98x
- Recent ROE (6.47%) is above the historical average (2.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 2.06% | 0.40% | 1.20x | 4.32x | ₫-226.81 Billion |
| 2022 | -0.68% | -0.11% | 1.38x | 4.39x | ₫-305.14 Billion |
| 2023 | 1.44% | 0.24% | 1.17x | 5.15x | ₫-205.67 Billion |
| 2024 | 4.75% | 0.84% | 1.06x | 5.37x | ₫-131.54 Billion |
| 2025 | 6.47% | 1.52% | 0.85x | 4.98x | ₫-89.39 Billion |
Industry Comparison
This section compares An Phat Holdings JSC's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $6,131,285,574,455
- Average return on equity (ROE) among peers: 38.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| An Phat Holdings JSC (APH) | ₫5.80 Trillion | 2.06% | 1.17x | $53.89 Million |
| South Basic Chemicals JSC (CSV) | $1.43 Trillion | 24.80% | 0.20x | $41.81 Million |
| Ducgiang Chemicals & Detergent Powder Joint Co (DGC) | $10.83 Trillion | 51.37% | 0.24x | $1.01 Billion |