Bibica Corp (BBC) - Net Assets
Based on the latest financial reports, Bibica Corp (BBC) has net assets worth ₫1.56 Trillion VND (≈ $59.46 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₫2.19 Trillion ≈ $83.09 Million USD) and total liabilities (₫622.11 Billion ≈ $23.64 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 asset resilience ratio of Bibica Corp to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₫1.56 Trillion |
| % of Total Assets | 71.55% |
| Annual Growth Rate | 8.3% |
| 5-Year Change | 36.51% |
| 10-Year Change | N/A |
| Growth Volatility | 16.18 |
Bibica Corp - Net Assets Trend (2019–2024)
This chart illustrates how Bibica Corp's net assets have evolved over time, based on quarterly financial data. Also explore how large is Bibica Corp's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Bibica Corp (2019–2024)
The table below shows the annual net assets of Bibica Corp from 2019 to 2024. For live valuation and market cap data, see BBC market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₫1.50 Trillion ≈ $56.83 Million |
+5.91% |
| 2023-12-31 | ₫1.41 Trillion ≈ $53.66 Million |
+3.59% |
| 2022-12-31 | ₫1.36 Trillion ≈ $51.80 Million |
+38.91% |
| 2021-12-31 | ₫981.46 Billion ≈ $37.29 Million |
-10.43% |
| 2020-12-31 | ₫1.10 Trillion ≈ $41.63 Million |
+9.15% |
| 2019-12-31 | ₫1.00 Trillion ≈ $38.14 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Bibica Corp'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 40.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫324.49 Billion | 21.70% |
| Other Components | ₫1.17 Trillion | 78.30% |
| Total Equity | ₫1.50 Trillion | 100.00% |
Bibica Corp Competitors by Market Cap
The table below lists competitors of Bibica Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xin Chio Global Co Ltd
TWO:3171
|
$69.13 Million |
|
Stonebridge Acquisition Corp
NASDAQ:APAC
|
$69.15 Million |
|
Shinil Electronics Co
KO:002700
|
$69.15 Million |
|
Teleste Oyj
HE:TLT1V
|
$69.17 Million |
|
Tifa Finance Tbk
JK:TIFA
|
$69.10 Million |
|
Woowon Development Co. Ltd
KQ:046940
|
$69.08 Million |
|
CONCORD ENVIRO SYSTEMS L
NSE:CEWATER
|
$69.08 Million |
|
Taekyung Chem
KO:006890
|
$69.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bibica Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,412,332,401,732 to 1,495,570,625,106, a change of 83,238,223,374 (5.9%).
- Net income of 116,165,544,087 contributed positively to equity growth.
- Dividend payments of 28,129,030,500 reduced retained earnings.
- New share issuances of 16,573,825 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫116.17 Billion | +7.77% |
| Dividends Paid | ₫28.13 Billion | -1.88% |
| Share Issuances | ₫16.57 Million | +0.0% |
| Other Changes | ₫-4.81 Billion | -0.32% |
| Total Change | ₫- | 5.89% |
Book Value vs Market Value Analysis
This analysis compares Bibica Corp'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: 1.22x
- 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 1.49x to 1.22x 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 | ₫65098.99 | ₫97000.00 | x |
| 2020-12-31 | ₫71054.90 | ₫97000.00 | x |
| 2021-12-31 | ₫63645.56 | ₫97000.00 | x |
| 2022-12-31 | ₫72700.06 | ₫97000.00 | x |
| 2023-12-31 | ₫75313.60 | ₫97000.00 | x |
| 2024-12-31 | ₫79752.34 | ₫97000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bibica Corp 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): 7.77%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.53%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.46x
- Recent ROE (7.77%) is below the historical average (8.22%), 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 | 9.51% | 6.35% | 0.96x | 1.56x | ₫-4.95 Billion |
| 2020 | 8.82% | 7.93% | 0.79x | 1.41x | ₫-12.96 Billion |
| 2021 | 2.28% | 2.05% | 0.67x | 1.67x | ₫-75.75 Billion |
| 2022 | 14.15% | 11.96% | 0.87x | 1.36x | ₫56.58 Billion |
| 2023 | 6.81% | 6.46% | 0.64x | 1.65x | ₫-45.07 Billion |
| 2024 | 7.77% | 6.53% | 0.81x | 1.46x | ₫-33.39 Billion |
Industry Comparison
This section compares Bibica Corp's net assets metrics with peer companies in the Confectioners industry.
Industry Context
- Industry: Confectioners
- Average net assets among peers: $8,196,978,261,756
- Average return on equity (ROE) among peers: 4.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bibica Corp (BBC) | ₫1.56 Trillion | 9.51% | 0.40x | $69.11 Million |
| Kido Group Corp (KDC) | $8.16 Trillion | 0.72% | 0.46x | $482.28 Million |
| Thanh Thanh Cong Tay Ninh JSC (SBT) | $8.24 Trillion | 7.83% | 1.48x | $629.79 Million |
About Bibica Corp
Bibica Corporation, together with its subsidiaries, produces and trades in confectionery products in Vietnam. The company offers breakfast cakes, crackers, cookies, biscuits, pastries, nutritious cakes, breads, moon cakes, and candies. It also provides soft, jelly, and hard candy, as well as sponge cake. The company was formerly known as Bien Hoa Confectionery Corporation and changed its name to … Read more