Hanoi Beer Alcohol and Beverage JSC
Hanoi Beer Alcohol and Beverage Joint Stock Corporation, together with its subsidiaries, engages in the production and sale of beer, fermenting malt, spirits, non-alcoholic beverages, and mineral water. It also engages in the wholesale of rice, wheat, flour, and other grains; warehouse rental; and rental of machinery and equipment. The company offers its products under the Hanoi Draft Beer, Truc … Read more
Hanoi Beer Alcohol and Beverage JSC (BHN) - Net Assets
Latest net assets as of December 2025: ₫5.40 Trillion VND
Based on the latest financial reports, Hanoi Beer Alcohol and Beverage JSC (BHN) has net assets worth ₫5.40 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 (₫7.54 Trillion) and total liabilities (₫2.14 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 | ₫5.40 Trillion |
| % of Total Assets | 71.57% |
| Annual Growth Rate | -1.2% |
| 5-Year Change | 11.67% |
| 10-Year Change | N/A |
| Growth Volatility | 8.41 |
Hanoi Beer Alcohol and Beverage JSC - Net Assets Trend (2020–2025)
This chart illustrates how Hanoi Beer Alcohol and Beverage 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 Hanoi Beer Alcohol and Beverage JSC (2020–2025)
The table below shows the annual net assets of Hanoi Beer Alcohol and Beverage JSC from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫5.40 Trillion | +2.52% |
| 2024-12-31 | ₫5.27 Trillion | -0.77% |
| 2023-12-31 | ₫5.31 Trillion | -0.37% |
| 2022-12-31 | ₫5.33 Trillion | +10.18% |
| 2021-12-31 | ₫4.83 Trillion | -15.70% |
| 2020-12-31 | ₫5.74 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hanoi Beer Alcohol and Beverage 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 69.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫860.65 Billion | 18.23% |
| Other Components | ₫3.86 Trillion | 81.77% |
| Total Equity | ₫4.72 Trillion | 100.00% |
Hanoi Beer Alcohol and Beverage JSC Competitors by Market Cap
The table below lists competitors of Hanoi Beer Alcohol and Beverage JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MULBERRY GROUP
BE:MUY
|
$11.77K |
|
DEXP4F
SA:DEXP4F
|
$11.79K |
|
NUFARM (NUF.SG)
STU:NUF
|
$11.80K |
|
AZPL11
SA:AZPL11
|
$11.82K |
|
Anpario Plc
LSE:ANP
|
$11.75K |
|
IBI Lion SOCIMI S.A.
MC:YIBI
|
$11.74K |
|
DNI Metals Inc
PINK:DMNKF
|
$11.73K |
|
LPIX
PINK:LPIX
|
$11.73K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hanoi Beer Alcohol and Beverage JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,592,390,105,883 to 4,722,076,669,775, a change of 129,686,563,892 (2.8%).
- Net income of 468,516,760,207 contributed positively to equity growth.
- Dividend payments of 278,189,009,145 reduced retained earnings.
- Other factors decreased equity by 60,641,187,170.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫468.52 Billion | +9.92% |
| Dividends Paid | ₫278.19 Billion | -5.89% |
| Other Changes | ₫-60.64 Billion | -1.28% |
| Total Change | ₫- | 2.82% |
Book Value vs Market Value Analysis
This analysis compares Hanoi Beer Alcohol and Beverage 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: 1.50x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.39x to 1.50x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | ₫21982.90 | ₫30650.00 | x |
| 2021-12-31 | ₫18085.45 | ₫30650.00 | x |
| 2022-12-31 | ₫20038.48 | ₫30650.00 | x |
| 2023-12-31 | ₫19991.25 | ₫30650.00 | x |
| 2024-12-31 | ₫19811.86 | ₫30650.00 | x |
| 2025-12-31 | ₫20371.34 | ₫30650.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hanoi Beer Alcohol and Beverage 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): 9.92%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.50%
- • Asset Turnover: 1.13x
- • Equity Multiplier: 1.60x
- Recent ROE (9.92%) is above the historical average (9.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 12.88% | 8.81% | 0.97x | 1.51x | ₫146.78 Billion |
| 2021 | 7.26% | 4.38% | 0.98x | 1.69x | ₫-114.77 Billion |
| 2022 | 10.00% | 5.53% | 1.16x | 1.56x | ₫217.76 Million |
| 2023 | 7.25% | 4.33% | 1.08x | 1.54x | ₫-127.27 Billion |
| 2024 | 8.07% | 4.51% | 1.13x | 1.58x | ₫-88.53 Billion |
| 2025 | 9.92% | 5.50% | 1.13x | 1.60x | ₫-3.69 Billion |
Industry Comparison
This section compares Hanoi Beer Alcohol and Beverage JSC's net assets metrics with peer companies in the Beverages - Brewers industry.
Industry Context
- Industry: Beverages - Brewers
- Average net assets among peers: $24,437,093,182,672
- Average return on equity (ROE) among peers: 17.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hanoi Beer Alcohol and Beverage JSC (BHN) | ₫5.40 Trillion | 12.88% | 0.40x | $11.77K |
| Saigon Beer Alcohol Beverage Corp (SAB) | $24.44 Trillion | 17.72% | 0.37x | $233.05 Million |