Ho Chi Minh City Infrastructure Investment JSC
Ho Chi Minh City Infrastructure Investment Joint Stock Company engages in the infrastructure development business in Vietnam. It operates under build-operate-transfer (BOT) contracts; build-transfer (BT) contracts; collects road traffic toll fees; real estate business; and water distribution networks. The company is also involved in the production and sale of specialized equipment related to traf… Read more
Ho Chi Minh City Infrastructure Investment JSC (CII) - Net Assets
Latest net assets as of June 2025: ₫11.31 Trillion VND
Based on the latest financial reports, Ho Chi Minh City Infrastructure Investment JSC (CII) has net assets worth ₫11.31 Trillion VND as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₫38.68 Trillion) and total liabilities (₫27.37 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 | ₫11.31 Trillion |
| % of Total Assets | 29.23% |
| Annual Growth Rate | 0.94% |
| 5-Year Change | 17.2% |
| 10-Year Change | N/A |
| Growth Volatility | 6.68 |
Ho Chi Minh City Infrastructure Investment JSC - Net Assets Trend (2019–2024)
This chart illustrates how Ho Chi Minh City Infrastructure Investment 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 Ho Chi Minh City Infrastructure Investment JSC (2019–2024)
The table below shows the annual net assets of Ho Chi Minh City Infrastructure Investment JSC from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₫9.12 Trillion | +7.28% |
| 2023-12-31 | ₫8.51 Trillion | +2.46% |
| 2022-12-31 | ₫8.30 Trillion | -0.93% |
| 2021-12-31 | ₫8.38 Trillion | +7.62% |
| 2020-12-31 | ₫7.79 Trillion | -10.57% |
| 2019-12-31 | ₫8.71 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ho Chi Minh City Infrastructure Investment 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 20.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫2.12 Trillion | 35.25% |
| Other Components | ₫3.90 Trillion | 64.75% |
| Total Equity | ₫6.03 Trillion | 100.00% |
Ho Chi Minh City Infrastructure Investment JSC Competitors by Market Cap
The table below lists competitors of Ho Chi Minh City Infrastructure Investment JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MLP SE
PINK:MLPKF
|
$399.62 Million |
|
China Bicycle Co Holdings Ltd
SHE:000017
|
$399.65 Million |
|
Ares Acquisition Corporation II
NYSE:AACT-UN
|
$399.77 Million |
|
Belships
OL:BELCO
|
$399.83 Million |
|
Johnson Service Group PLC
PINK:JSVGF
|
$399.48 Million |
|
Bannerman Energy Ltd
AU:BMN
|
$399.39 Million |
|
Ratnamani Metals & Tubes Limited
NSE:RATNAMANI
|
$399.32 Million |
|
ZheJiang RIFA Digital Precision Machinery Co Ltd
SHE:002520
|
$399.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ho Chi Minh City Infrastructure Investment JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,316,119,515,712 to 6,027,454,627,048, a change of -288,664,888,664 (-4.6%).
- Net income of 257,224,236,024 contributed positively to equity growth.
- Dividend payments of 507,415,057,323 reduced retained earnings.
- New share issuances of 13,136,200,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫257.22 Billion | +4.27% |
| Dividends Paid | ₫507.42 Billion | -8.42% |
| Share Issuances | ₫13.14 Billion | +0.22% |
| Other Changes | ₫-51.61 Billion | -0.86% |
| Total Change | ₫- | -4.57% |
Book Value vs Market Value Analysis
This analysis compares Ho Chi Minh City Infrastructure Investment 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: 0.99x
- 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.
- The price-to-book ratio has increased from 0.79x to 0.99x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ₫20700.78 | ₫16300.00 | x |
| 2020-12-31 | ₫20063.10 | ₫16300.00 | x |
| 2021-12-31 | ₫20185.80 | ₫16300.00 | x |
| 2022-12-31 | ₫21350.70 | ₫16300.00 | x |
| 2023-12-31 | ₫19839.25 | ₫16300.00 | x |
| 2024-12-31 | ₫16535.42 | ₫16300.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ho Chi Minh City Infrastructure Investment 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): 4.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.50%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 6.08x
- Recent ROE (4.27%) is above the historical average (3.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 3.82% | 10.80% | 0.06x | 5.70x | ₫-317.20 Billion |
| 2020 | 5.30% | 4.72% | 0.18x | 6.17x | ₫-225.26 Billion |
| 2021 | -6.89% | -11.62% | 0.09x | 6.40x | ₫-814.79 Billion |
| 2022 | 12.91% | 12.09% | 0.20x | 5.30x | ₫156.63 Billion |
| 2023 | 2.82% | 5.77% | 0.09x | 5.25x | ₫-453.37 Billion |
| 2024 | 4.27% | 8.50% | 0.08x | 6.08x | ₫-345.52 Billion |
Industry Comparison
This section compares Ho Chi Minh City Infrastructure Investment JSC's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $4,976,414,413,157
- Average return on equity (ROE) among peers: 10.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ho Chi Minh City Infrastructure Investment JSC (CII) | ₫11.31 Trillion | 3.82% | 2.42x | $399.60 Million |
| Cotec Construction JSC (CTD) | $8.59 Trillion | 3.60% | 1.66x | $329.88 Million |
| Viettel Construction JSC (CTR) | $1.87 Trillion | 28.86% | 2.81x | $353.72 Million |
| Dat Phuong JSC (DPG) | $1.46 Trillion | 18.20% | 1.47x | $159.08 Million |
| Fecon Foundation Engineering and Underground Construction JSC (FCN) | $3.37 Trillion | 0.28% | 1.88x | $74.36 Million |
| Becamex Infrastructure Development JSC (IJC) | $2.07 Trillion | 17.87% | 2.21x | $126.35 Million |
| CII Bridges and Roads Investment JSC (LGC) | $4.69 Trillion | 4.45% | 1.60x | $212.07 Million |
| Tu Liem Urban Development JSC (NTL) | $1.61 Trillion | 1.29% | 0.17x | $56.62 Million |
| PC1 Group JSC (PC1) | $4.77 Trillion | 10.75% | 1.25x | $391.40 Million |
| Refrigeration Electrical Engineering Corp (REE) | $16.36 Trillion | 11.34% | 0.95x | $252.74 Million |