Danang Rubber JSC
Danang Rubber Joint Stock Company engages in the production and sale of rubber tire and inner tube products in Vietnam and internationally. Its products include PCR tires; radials, include TBR, semi-steel, and golf tires; and bias, including heavy duty, light truck, agricultural, and OTR tires; bicycle and motorcycle tires, including DPLUS tubeless motorcycle and bicycle tires, bicycle inner tube… Read more
Danang Rubber JSC (DRC) - Net Assets
Latest net assets as of December 2025: ₫1.94 Trillion VND
Based on the latest financial reports, Danang Rubber JSC (DRC) has net assets worth ₫1.94 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 (₫4.17 Trillion) and total liabilities (₫2.23 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 | ₫1.94 Trillion |
| % of Total Assets | 46.59% |
| Annual Growth Rate | 2.94% |
| 5-Year Change | 9.46% |
| 10-Year Change | N/A |
| Growth Volatility | 3.32 |
Danang Rubber JSC - Net Assets Trend (2019–2025)
This chart illustrates how Danang Rubber 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 Danang Rubber JSC (2019–2025)
The table below shows the annual net assets of Danang Rubber JSC from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫1.94 Trillion | +1.37% |
| 2024-12-31 | ₫1.92 Trillion | +3.46% |
| 2023-12-31 | ₫1.85 Trillion | -3.06% |
| 2022-12-31 | ₫1.91 Trillion | +7.66% |
| 2021-12-31 | ₫1.77 Trillion | +5.13% |
| 2020-12-31 | ₫1.69 Trillion | +3.38% |
| 2019-12-31 | ₫1.63 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Danang Rubber 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 67.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫146.12 Billion | 7.53% |
| Other Components | ₫1.80 Trillion | 92.47% |
| Total Equity | ₫1.94 Trillion | 100.00% |
Danang Rubber JSC Competitors by Market Cap
The table below lists competitors of Danang Rubber JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CVWLF
PINK:CVWLF
|
$85.87 Million |
|
Dufu Tech Corp Bhd
KLSE:7233
|
$85.88 Million |
|
EASY BIOInc
KQ:353810
|
$85.89 Million |
|
Consorcio ARA S. A. B. de C. V.
OTCGREY:CNRFF
|
$85.90 Million |
|
All For One Steeb AG
F:A1OS
|
$85.87 Million |
|
GENOVIS AB SE-40
F:5GV
|
$85.82 Million |
|
CLS HLDGS PLC LS-025
F:838
|
$85.79 Million |
|
Athens Medical C.S.A.
AT:IATR
|
$85.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Danang Rubber JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,915,455,791,676 to 1,941,722,819,041, a change of 26,267,027,365 (1.4%).
- Net income of 121,201,535,880 contributed positively to equity growth.
- Dividend payments of 129,207,285,070 reduced retained earnings.
- Other factors increased equity by 34,272,776,555.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫121.20 Billion | +6.24% |
| Dividends Paid | ₫129.21 Billion | -6.65% |
| Other Changes | ₫34.27 Billion | +1.77% |
| Total Change | ₫- | 1.37% |
Book Value vs Market Value Analysis
This analysis compares Danang Rubber 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: 1.13x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ₫13739.00 | ₫14200.00 | x |
| 2020-12-31 | ₫14203.69 | ₫14200.00 | x |
| 2021-12-31 | ₫14933.00 | ₫14200.00 | x |
| 2022-12-31 | ₫16076.45 | ₫14200.00 | x |
| 2023-12-31 | ₫15584.96 | ₫14200.00 | x |
| 2024-12-31 | ₫12403.36 | ₫14200.00 | x |
| 2025-12-31 | ₫12573.54 | ₫14200.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Danang Rubber 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): 6.24%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.42%
- • Asset Turnover: 1.20x
- • Equity Multiplier: 2.15x
- Recent ROE (6.24%) is below the historical average (13.52%), 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 | 15.35% | 6.49% | 1.42x | 1.66x | ₫87.32 Billion |
| 2020 | 15.19% | 7.03% | 1.50x | 1.44x | ₫87.59 Billion |
| 2021 | 16.39% | 6.64% | 1.40x | 1.77x | ₫113.44 Billion |
| 2022 | 16.08% | 6.27% | 1.43x | 1.79x | ₫116.21 Billion |
| 2023 | 13.31% | 5.48% | 1.33x | 1.83x | ₫61.20 Billion |
| 2024 | 12.09% | 4.96% | 1.11x | 2.19x | ₫40.07 Billion |
| 2025 | 6.24% | 2.42% | 1.20x | 2.15x | ₫-72.97 Billion |
Industry Comparison
This section compares Danang Rubber JSC's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $18,574,459,172,180
- Average return on equity (ROE) among peers: 7.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Danang Rubber JSC (DRC) | ₫1.94 Trillion | 15.35% | 1.15x | $85.87 Million |
| Southern Rubber Industry JSC (CSM) | $1.30 Trillion | 6.08% | 2.23x | $45.04 Million |
| Dong Phu Rubber JSC (DPR) | $2.99 Trillion | 8.29% | 0.39x | $135.84 Million |
| Vietnam Rubber Group Ltd (GVR) | $51.43 Trillion | 7.33% | 0.56x | $3.49 Billion |