BIDV Securities JSC (BSI) - Net Assets
Based on the latest financial reports, BIDV Securities JSC (BSI) has net assets worth ₫5.53 Trillion VND (≈ $210.02 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 (₫16.63 Trillion ≈ $631.75 Million USD) and total liabilities (₫11.10 Trillion ≈ $421.73 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 financial resilience of BIDV Securities JSC to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₫5.53 Trillion |
| % of Total Assets | 33.24% |
| Annual Growth Rate | 26.02% |
| 5-Year Change | 221.52% |
| 10-Year Change | N/A |
| Growth Volatility | 53.88 |
BIDV Securities JSC - Net Assets Trend (2019–2025)
This chart illustrates how BIDV Securities JSC's net assets have evolved over time, based on quarterly financial data. Also explore BIDV Securities JSC assets under control for the complete picture of this company's asset base.
Annual Net Assets for BIDV Securities JSC (2019–2025)
The table below shows the annual net assets of BIDV Securities JSC from 2019 to 2025. For live valuation and market cap data, see market value of BIDV Securities JSC.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫5.53 Trillion ≈ $210.02 Million |
+9.20% |
| 2024-12-31 | ₫5.06 Trillion ≈ $192.32 Million |
+8.06% |
| 2023-12-31 | ₫4.68 Trillion ≈ $177.98 Million |
+7.28% |
| 2022-12-31 | ₫4.37 Trillion ≈ $165.90 Million |
+153.97% |
| 2021-12-31 | ₫1.72 Trillion ≈ $65.32 Million |
+15.35% |
| 2020-12-31 | ₫1.49 Trillion ≈ $56.63 Million |
+8.01% |
| 2019-12-31 | ₫1.38 Trillion ≈ $52.43 Million |
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Equity Component Analysis
This analysis shows how different components contribute to BIDV 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 956.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫1.02 Trillion | 18.41% |
| Other Components | ₫4.51 Trillion | 81.59% |
| Total Equity | ₫5.53 Trillion | 100.00% |
BIDV Securities JSC Competitors by Market Cap
The table below lists competitors of BIDV Securities JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Asia Cuanon Tech (Shanghai)
SHG:603378
|
$326.76 Million |
|
Silence Therapeutics PLC
NASDAQ:SLN
|
$326.86 Million |
|
International CSRC Investment Holdings Co Ltd
TW:2104
|
$327.00 Million |
|
Eimskipafélag Íslands hf
IC:EIM
|
$327.05 Million |
|
Anhui Fuhuang Steel Structure Co Ltd
SHE:002743
|
$326.75 Million |
|
Cipher Pharmaceuticals Inc
TO:CPH
|
$326.62 Million |
|
Firm Capital Mortgage Invest Corp
TO:FC
|
$326.61 Million |
|
Rashi Peripherals Limited
NSE:RPTECH
|
$326.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BIDV Securities JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,061,881,530,671 to 5,527,757,894,191, a change of 465,876,363,520 (9.2%).
- Net income of 493,666,033,520 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫493.67 Billion | +8.93% |
| Other Changes | ₫-27.79 Billion | -0.5% |
| Total Change | ₫- | 9.20% |
Book Value vs Market Value Analysis
This analysis compares BIDV 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: 1.56x
- 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 3.35x to 1.56x 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 | ₫10467.66 | ₫35050.00 | x |
| 2020-12-31 | ₫11351.82 | ₫35050.00 | x |
| 2021-12-31 | ₫12107.71 | ₫35050.00 | x |
| 2022-12-31 | ₫19958.77 | ₫35050.00 | x |
| 2023-12-31 | ₫23158.36 | ₫35050.00 | x |
| 2024-12-31 | ₫20629.86 | ₫35050.00 | x |
| 2025-12-31 | ₫22528.63 | ₫35050.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BIDV 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): 8.93%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 59.74%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 3.01x
- Recent ROE (8.93%) is below the historical average (9.42%), 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 | 8.22% | 58.65% | 0.08x | 1.73x | ₫-24.55 Billion |
| 2020 | 8.55% | 36.76% | 0.12x | 1.96x | ₫-21.66 Billion |
| 2021 | 20.76% | 33.62% | 0.18x | 3.49x | ₫184.96 Billion |
| 2022 | 2.57% | 14.96% | 0.13x | 1.28x | ₫-324.27 Billion |
| 2023 | 8.72% | 67.89% | 0.07x | 1.78x | ₫-60.18 Billion |
| 2024 | 8.16% | 68.08% | 0.06x | 2.04x | ₫-93.12 Billion |
| 2025 | 8.93% | 59.74% | 0.05x | 3.01x | ₫-59.11 Billion |
Industry Comparison
This section compares BIDV Securities JSC's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $7,442,838,650,438
- Average return on equity (ROE) among peers: 10.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BIDV Securities JSC (BSI) | ₫5.53 Trillion | 8.22% | 2.01x | $326.75 Million |
| AgriBank Securities JSC (AGR) | $1.97 Trillion | 3.47% | 0.07x | $125.78 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 BIDV Securities JSC
BIDV Securities Joint Stock Company operates as a securities company in Vietnam. It provides securities trading, escrow service, cash advance service, depository registration and bond payments services, and investment advisory services. The company also offers investment banking services, such as consulting on equitization, listing consulting, capital arrangement advisory, consulting on issuing s… Read more