CMC Corp
CMC Corporation, together with its subsidiaries, engages in the provision of information technology and other services relating to computers in Vietnam and internationally. The company is also involved in the production, assembly, and distribution of computer software, as well as provision of software and content services and solutions. In addition, it manufactures, trades in, and repairs machine… Read more
CMC Corp (CMG) - Net Assets
Latest net assets as of December 2025: ₫3.99 Trillion VND
Based on the latest financial reports, CMC Corp (CMG) has net assets worth ₫3.99 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 (₫10.05 Trillion) and total liabilities (₫6.06 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 | ₫3.99 Trillion |
| % of Total Assets | 39.72% |
| Annual Growth Rate | 10.3% |
| 5-Year Change | 58.31% |
| 10-Year Change | N/A |
| Growth Volatility | 5.07 |
CMC Corp - Net Assets Trend (2020–2025)
This chart illustrates how CMC Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CMC Corp (2020–2025)
The table below shows the annual net assets of CMC Corp from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₫3.68 Trillion | +9.97% |
| 2024-03-31 | ₫3.34 Trillion | +7.09% |
| 2023-03-31 | ₫3.12 Trillion | +14.73% |
| 2022-03-31 | ₫2.72 Trillion | +17.16% |
| 2021-03-31 | ₫2.32 Trillion | +3.14% |
| 2020-03-31 | ₫2.25 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to CMC 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 grown by 126.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫413.31 Billion | 14.14% |
| Other Components | ₫2.51 Trillion | 85.86% |
| Total Equity | ₫2.92 Trillion | 100.00% |
CMC Corp Competitors by Market Cap
The table below lists competitors of CMC Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Oriental Group Company Limited
PINK:CUGCF
|
$260.69 Million |
|
Guangzhou Tech-Long Packing Machine Co Ltd
SHE:002209
|
$260.69 Million |
|
Grupo Aeroméxico, S.A.B. de C.V.
NYSE:AERO
|
$260.71 Million |
|
Kyung Dong Navien Co Ltd
KO:009450
|
$260.71 Million |
|
Central Plains Environment Protection Co Ltd
SHE:000544
|
$260.65 Million |
|
VIEL & Cie société anonyme
PA:VIL
|
$260.57 Million |
|
Grupo Herdez S.A.B. de C.V
PINK:GUZOF
|
$260.50 Million |
|
FPT Securities JSC
VN:FTS
|
$260.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CMC Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,638,302,303,285 to 2,922,717,743,152, a change of 284,415,439,867 (10.8%).
- Net income of 348,640,556,012 contributed positively to equity growth.
- Dividend payments of 65,182,540,957 reduced retained earnings.
- Share repurchases of 806,000,000 reduced equity.
- New share issuances of 4,553,000,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫348.64 Billion | +11.93% |
| Dividends Paid | ₫65.18 Billion | -2.23% |
| Share Repurchases | ₫806.00 Million | -0.03% |
| Share Issuances | ₫4.55 Billion | +0.16% |
| Other Changes | ₫-2.79 Billion | -0.1% |
| Total Change | ₫- | 10.78% |
Book Value vs Market Value Analysis
This analysis compares CMC 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: 2.39x
- 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 3.07x to 2.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-03-31 | ₫9801.95 | ₫30050.00 | x |
| 2021-03-31 | ₫10031.64 | ₫30050.00 | x |
| 2022-03-31 | ₫11231.93 | ₫30050.00 | x |
| 2023-03-31 | ₫10560.36 | ₫30050.00 | x |
| 2024-03-31 | ₫11370.87 | ₫30050.00 | x |
| 2025-03-31 | ₫12574.57 | ₫30050.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CMC 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): 11.93%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.25%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 2.63x
- Recent ROE (11.93%) is above the historical average (10.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 7.51% | 2.97% | 1.04x | 2.43x | ₫-47.65 Billion |
| 2021 | 8.94% | 3.39% | 1.04x | 2.54x | ₫-20.77 Billion |
| 2022 | 11.00% | 3.84% | 1.01x | 2.85x | ₫21.87 Billion |
| 2023 | 12.55% | 4.05% | 1.17x | 2.65x | ₫63.14 Billion |
| 2024 | 12.76% | 4.58% | 1.07x | 2.60x | ₫72.69 Billion |
| 2025 | 11.93% | 4.25% | 1.07x | 2.63x | ₫56.37 Billion |
Industry Comparison
This section compares CMC Corp's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $43,751,466,292,590
- Average return on equity (ROE) among peers: 21.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CMC Corp (CMG) | ₫3.99 Trillion | 7.51% | 1.52x | $260.65 Million |
| FPT Corp (FPT) | $43.75 Trillion | 21.41% | 1.01x | $4.44 Billion |