Ho Chi Minh City Infrastructure Investment JSC (CII) - Net Assets
Based on the latest financial reports, Ho Chi Minh City Infrastructure Investment JSC (CII) has net assets worth ₫12.50 Trillion VND (≈ $474.91 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₫37.85 Trillion ≈ $1.44 Billion USD) and total liabilities (₫25.35 Trillion ≈ $963.02 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 Ho Chi Minh City Infrastructure Investme (CII) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₫12.50 Trillion |
| % of Total Assets | 33.03% |
| Annual Growth Rate | 5.44% |
| 5-Year Change | 42.82% |
| 10-Year Change | N/A |
| Growth Volatility | 12.57 |
Ho Chi Minh City Infrastructure Investment JSC - Net Assets Trend (2019–2025)
This chart illustrates how Ho Chi Minh City Infrastructure Investment JSC's net assets have evolved over time, based on quarterly financial data. See how many days can Ho Chi Minh City Infrastructure Investme fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Ho Chi Minh City Infrastructure Investment JSC (2019–2025)
The table below shows the annual net assets of Ho Chi Minh City Infrastructure Investment JSC from 2019 to 2025. For live valuation and market cap data, see Ho Chi Minh City Infrastructure Investme (CII) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫11.97 Trillion ≈ $454.65 Million |
+30.65% |
| 2024-12-31 | ₫9.16 Trillion ≈ $347.99 Million |
+7.69% |
| 2023-12-31 | ₫8.51 Trillion ≈ $323.15 Million |
+2.46% |
| 2022-12-31 | ₫8.30 Trillion ≈ $315.39 Million |
-0.93% |
| 2021-12-31 | ₫8.38 Trillion ≈ $318.34 Million |
+7.62% |
| 2020-12-31 | ₫7.79 Trillion ≈ $295.81 Million |
-10.57% |
| 2019-12-31 | ₫8.71 Trillion ≈ $330.78 Million |
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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 38.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫1.63 Trillion | 18.24% |
| Other Components | ₫7.31 Trillion | 81.76% |
| Total Equity | ₫8.94 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 |
|---|---|
|
Shenzhen Ellassay Fashion Co
SHG:603808
|
$452.06 Million |
|
Qingdao Vland Biotech Co Ltd
SHG:603739
|
$452.09 Million |
|
CarrefourSA Carrefour Sabanci Ticaret Merkezi AS
IS:CRFSA
|
$452.16 Million |
|
Hangzhou Electn Soul Network
SHG:603258
|
$452.19 Million |
|
Hu Lane Associate
TWO:6279
|
$451.83 Million |
|
Wall Financial Corporation
TO:WFC
|
$451.80 Million |
|
AB Sagax (publ)
ST:SAGA-D
|
$451.79 Million |
|
Bosun Tools Co Ltd
SHE:002282
|
$451.77 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 2024 to 2025, total equity changed from 6,029,911,352,041 to 8,935,278,376,028, a change of 2,905,367,023,987 (48.2%).
- Net income of 124,063,136,205 contributed positively to equity growth.
- Dividend payments of 597,489,611,066 reduced retained earnings.
- New share issuances of 1,029,961,145,395 increased equity.
- Other factors increased equity by 2,348,832,353,453.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫124.06 Billion | +1.39% |
| Dividends Paid | ₫597.49 Billion | -6.69% |
| Share Issuances | ₫1.03 Trillion | +11.53% |
| Other Changes | ₫2.35 Trillion | +26.29% |
| Total Change | ₫- | 48.18% |
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: 1.24x
- 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 0.86x to 1.24x 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 | ₫17700.00 | x |
| 2020-12-31 | ₫20063.10 | ₫17700.00 | x |
| 2021-12-31 | ₫20185.80 | ₫17700.00 | x |
| 2022-12-31 | ₫21350.70 | ₫17700.00 | x |
| 2023-12-31 | ₫19839.25 | ₫17700.00 | x |
| 2024-12-31 | ₫16542.16 | ₫17700.00 | x |
| 2025-12-31 | ₫14286.15 | ₫17700.00 | 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): 1.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.19%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 4.20x
- Recent ROE (1.39%) is below the historical average (3.38%), 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 | 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 | 4.31% | 8.58% | 0.08x | 6.09x | ₫-343.31 Billion |
| 2025 | 1.39% | 4.19% | 0.08x | 4.20x | ₫-769.46 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: $4,551,491,413,680
- Average return on equity (ROE) among peers: 13.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ho Chi Minh City Infrastructure Investment JSC (CII) | ₫12.50 Trillion | 3.82% | 2.03x | $451.90 Million |
| Cotec Construction JSC (CTD) | $8.40 Trillion | 3.98% | 0.69x | $293.36 Million |
| Viettel Construction JSC (CTR) | $1.87 Trillion | 28.86% | 2.81x | $365.06 Million |
| Dat Phuong JSC (DPG) | $1.78 Trillion | 19.19% | 2.34x | $178.42 Million |
| Fecon Foundation Engineering and Underground Construction JSC (FCN) | $2.50 Trillion | 4.74% | 1.71x | $72.38 Million |
| Becamex Infrastructure Development JSC (IJC) | $3.82 Trillion | 10.33% | 0.67x | $228.68 Million |
| CII Bridges and Roads Investment JSC (LGC) | $4.44 Trillion | 7.51% | 1.68x | $522.27 Million |
| Tu Liem Urban Development JSC (NTL) | $1.16 Trillion | 25.37% | 0.55x | $71.37 Million |
| PC1 Group JSC (PC1) | $4.77 Trillion | 10.75% | 1.25x | $332.06 Million |
| Refrigeration Electrical Engineering Corp (REE) | $12.21 Trillion | 13.33% | 0.68x | $1.19 Billion |
About 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 production and sale of specialized equipment related to traffic … Read more