Dabaco Net Assets
Dabaco net assets. Based on the latest financial reports, Dabaco (DBC) has net assets worth ₫8.07 Trillion VND (≈ $306.58 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 (₫15.98 Trillion ≈ $607.02 Million USD) and total liabilities (₫7.91 Trillion ≈ $300.44 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. Also explore net asset growth rate of Dabaco to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₫8.07 Trillion |
| % of Total Assets | 50.51% |
| Annual Growth Rate | 17.75% |
| 5-Year Change | 72.2% |
| 10-Year Change | N/A |
| Growth Volatility | 17.67 |
Net Assets of Dabaco (2019–2025)
Net assets of Dabaco from 2019 to 2025. This chart illustrates how Dabaco's net assets have evolved over time, based on quarterly financial data. See Dabaco (DBC) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for Dabaco (2019–2025)
The table below shows the annual net assets of Dabaco from 2019 to 2025. For live market cap and overall valuation, see Dabaco market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫8.07 Trillion ≈ $306.58 Million |
+19.26% |
| 2024-12-31 | ₫6.77 Trillion ≈ $257.07 Million |
+45.00% |
| 2023-12-31 | ₫4.67 Trillion ≈ $177.29 Million |
+0.54% |
| 2022-12-31 | ₫4.64 Trillion ≈ $176.34 Million |
-0.95% |
| 2021-12-31 | ₫4.69 Trillion ≈ $178.04 Million |
+11.39% |
| 2020-12-31 | ₫4.21 Trillion ≈ $159.84 Million |
+39.03% |
| 2019-12-31 | ₫3.03 Trillion ≈ $114.97 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Dabaco'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 11.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Dabaco Net Assets Breakdown (December 2025)
Dabaco net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫1.51 Trillion | 18.71% |
| Other Components | ₫6.56 Trillion | 81.29% |
| Total Equity | ₫8.07 Trillion | 100.00% |
Dabaco Competitors by Market Cap
The table below lists competitors of Dabaco ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MBIA Inc
NYSE:MBI
|
$225.20 Million |
|
HAXC Holdings (Beijing) Co. Ltd.
SHE:300928
|
$225.23 Million |
|
Resimac Group Ltd
AU:RMC
|
$225.29 Million |
|
Thye Ming Industrial Co Ltd
TW:9927
|
$225.33 Million |
|
QORIA Ltd
AU:QOR
|
$225.18 Million |
|
Clarke Inc.
TO:CKI
|
$225.15 Million |
|
Pennar Industries Limited
NSE:PENIND
|
$225.13 Million |
|
Shanghai Jin Jiang International Hotels Development Co Ltd B
SHG:900934
|
$225.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dabaco's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,765,079,699,901 to 8,068,012,698,526, a change of 1,302,932,998,625 (19.3%).
- Net income of 1,506,767,998,626 contributed positively to equity growth.
- Dividend payments of 501,975,220,000 reduced retained earnings.
- New share issuances of 502,025,020,000 increased equity.
- Other factors decreased equity by 203,884,800,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫1.51 Trillion | +18.68% |
| Dividends Paid | ₫501.98 Billion | -6.22% |
| Share Issuances | ₫502.03 Billion | +6.22% |
| Other Changes | ₫-203.88 Billion | -2.53% |
| Total Change | ₫- | 19.26% |
Book Value vs Market Value Analysis
This analysis compares Dabaco'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: 0.73x
- 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 decreased from 1.18x to 0.73x 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 | ₫13071.96 | ₫15400.00 | x |
| 2020-12-31 | ₫17383.80 | ₫15400.00 | x |
| 2021-12-31 | ₫19363.09 | ₫15400.00 | x |
| 2022-12-31 | ₫19178.48 | ₫15400.00 | x |
| 2023-12-31 | ₫19281.81 | ₫15400.00 | x |
| 2024-12-31 | ₫17577.59 | ₫15400.00 | x |
| 2025-12-31 | ₫20963.14 | ₫15400.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dabaco 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): 18.68%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.11%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 1.98x
- Recent ROE (18.68%) is above the historical average (13.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 10.08% | 4.25% | 0.75x | 3.17x | ₫2.53 Billion |
| 2020 | 33.29% | 13.97% | 0.99x | 2.40x | ₫979.60 Billion |
| 2021 | 17.70% | 7.67% | 1.00x | 2.32x | ₫360.97 Billion |
| 2022 | 0.11% | 0.04% | 0.89x | 2.80x | ₫-458.93 Billion |
| 2023 | 0.54% | 0.23% | 0.85x | 2.79x | ₫-441.62 Billion |
| 2024 | 11.37% | 5.67% | 0.96x | 2.09x | ₫92.58 Billion |
| 2025 | 18.68% | 10.11% | 0.93x | 1.98x | ₫699.97 Billion |
Industry Comparison
This section compares Dabaco's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $4,159,025,813,460
- Average return on equity (ROE) among peers: 16.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dabaco (DBC) | ₫8.07 Trillion | 10.08% | 0.98x | $225.19 Million |
| Nam Viet Corp (ANV) | $3.53 Trillion | 28.34% | 0.65x | $161.86 Million |
| Vietnam National Seed Group JSC (NSC) | $1.65 Trillion | 13.30% | 0.58x | $40.40 Million |
| PAN Group JSC (PAN) | $8.86 Trillion | 6.87% | 1.69x | $134.92 Million |
| Phuoc Hoa Rubber JSC (PHR) | $2.60 Trillion | 17.30% | 1.25x | $159.59 Million |
About Dabaco
Dabaco Group Joint Stock Company produces and sells animal feed in Vietnam. The company offers feed for pigs, chicken, and aqua under the Dabaco, Topfeeds, Kinh Bac, Khangti Vina, Nasaco, and Growfeeds names. The company is also involved in the pig and chicken breeding activities; produces and sells chicken eggs and vegetable oils under DABACO brand; operation of pig and chicken contracted farms;… Read more