Development Investment Construction JSC (DIG) - Net Assets
Based on the latest financial reports, Development Investment Construction JSC (DIG) has net assets worth ₫10.15 Trillion VND (≈ $385.74 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 (₫17.72 Trillion ≈ $673.29 Million USD) and total liabilities (₫7.57 Trillion ≈ $287.55 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 balance sheet size of Development Investment Construction JSC for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₫10.15 Trillion |
| % of Total Assets | 57.29% |
| Annual Growth Rate | 16.5% |
| 5-Year Change | 30.69% |
| 10-Year Change | N/A |
| Growth Volatility | 20.95 |
Development Investment Construction JSC - Net Assets Trend (2019–2025)
This chart illustrates how Development Investment Construction JSC's net assets have evolved over time, based on quarterly financial data. Check DIG goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Development Investment Construction JSC (2019–2025)
The table below shows the annual net assets of Development Investment Construction JSC from 2019 to 2025. For live valuation and market cap data, see Development Investment Construction JSC (DIG) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫10.03 Trillion ≈ $380.91 Million |
+24.68% |
| 2024-12-31 | ₫8.04 Trillion ≈ $305.52 Million |
+1.87% |
| 2023-12-31 | ₫7.89 Trillion ≈ $299.91 Million |
+1.27% |
| 2022-12-31 | ₫7.79 Trillion ≈ $296.15 Million |
+1.61% |
| 2021-12-31 | ₫7.67 Trillion ≈ $291.47 Million |
+60.15% |
| 2020-12-31 | ₫4.79 Trillion ≈ $182.00 Million |
+19.47% |
| 2019-12-31 | ₫4.01 Trillion ≈ $152.33 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Development Investment Construction 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 4.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫561.81 Billion | 5.63% |
| Other Components | ₫9.41 Trillion | 94.37% |
| Total Equity | ₫9.97 Trillion | 100.00% |
Development Investment Construction JSC Competitors by Market Cap
The table below lists competitors of Development Investment Construction JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CoastalSouth Bancshares, Inc.
NYSE:COSO
|
$323.78 Million |
|
Bonava AB (publ)
ST:BONAV-B
|
$323.82 Million |
|
Worldex Industry & Trading Co. Ltd
KQ:101160
|
$323.93 Million |
|
Wuhan Tianyu Info Industry
SHE:300205
|
$324.09 Million |
|
ENDOMINES FINLAND OYJ EO1
F:H13
|
$323.67 Million |
|
Jinan High tech Development Co Ltd
SHG:600807
|
$323.62 Million |
|
Nh Investment And Securities 1p
KO:005945
|
$323.55 Million |
|
Hexagon Composites ASA
OL:HEX
|
$323.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Development Investment Construction JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,795,947,668,627 to 9,973,519,681,963, a change of 2,177,572,013,336 (27.9%).
- Net income of 646,459,231,632 contributed positively to equity growth.
- Dividend payments of 1,883,296,965 reduced retained earnings.
- New share issuances of 1,799,564,260,000 increased equity.
- Other factors decreased equity by 266,568,181,331.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫646.46 Billion | +6.48% |
| Dividends Paid | ₫1.88 Billion | -0.02% |
| Share Issuances | ₫1.80 Trillion | +18.04% |
| Other Changes | ₫-266.57 Billion | -2.67% |
| Total Change | ₫- | 27.93% |
Book Value vs Market Value Analysis
This analysis compares Development Investment Construction 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: 0.85x
- 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 1.35x to 0.85x 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 | ₫7921.87 | ₫10700.00 | x |
| 2020-12-31 | ₫9398.13 | ₫10700.00 | x |
| 2021-12-31 | ₫12154.46 | ₫10700.00 | x |
| 2022-12-31 | ₫12360.39 | ₫10700.00 | x |
| 2023-12-31 | ₫11833.61 | ₫10700.00 | x |
| 2024-12-31 | ₫12059.76 | ₫10700.00 | x |
| 2025-12-31 | ₫12522.76 | ₫10700.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Development Investment Construction 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): 6.48%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.70%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.90x
- Recent ROE (6.48%) is below the historical average (7.08%), 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 | 9.91% | 18.48% | 0.26x | 2.08x | ₫-3.48 Billion |
| 2020 | 15.03% | 28.60% | 0.21x | 2.50x | ₫237.98 Billion |
| 2021 | 13.21% | 38.39% | 0.15x | 2.26x | ₫239.73 Billion |
| 2022 | 1.91% | 7.60% | 0.13x | 1.96x | ₫-609.67 Billion |
| 2023 | 1.55% | 11.57% | 0.06x | 2.20x | ₫-646.25 Billion |
| 2024 | 1.47% | 8.80% | 0.07x | 2.38x | ₫-665.06 Billion |
| 2025 | 6.48% | 13.70% | 0.25x | 1.90x | ₫-350.89 Billion |
Industry Comparison
This section compares Development Investment Construction JSC's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $20,183,687,138,295
- Average return on equity (ROE) among peers: 11.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Development Investment Construction JSC (DIG) | ₫10.15 Trillion | 9.91% | 0.75x | $323.78 Million |
| Ba Ria Vung Tau House Development JSC (HDC) | $1.91 Trillion | 6.90% | 1.46x | $80.64 Million |
| Ha Do Group JSC (HDG) | $3.98 Trillion | 24.62% | 2.49x | $236.15 Million |
| Khang Dien House Trading and Investment JSC (KDH) | $21.17 Trillion | 4.94% | 0.61x | $773.87 Million |
| Kosy JSC (KOS) | $2.31 Trillion | 0.59% | 1.06x | $283.76 Million |
| Nam Long Investment Corp (NLG) | $13.53 Trillion | 3.57% | 1.11x | $400.87 Million |
| Phat Dat Real Estate Development Corp (PDR) | $9.26 Trillion | 12.28% | 1.47x | $454.93 Million |
| Vinhomes JSC (VHM) | $89.13 Trillion | 30.69% | 1.42x | $23.88 Billion |
About Development Investment Construction JSC
Development Investment Construction Joint Stock Corporation, together with its subsidiaries, engages in real estate, construction, and service sectors in Vietnam. The company invests and develops new urban areas and industrial zones; invests, trades, and develops real estate and technical infrastructure of urban areas, transportation construction, and irrigation; management consulting activities;… Read more