FPT Digital Retail JSC (FRT) - Net Assets
Based on the latest financial reports, FPT Digital Retail JSC (FRT) has net assets worth ₫5.51 Trillion VND (≈ $209.49 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 (₫26.03 Trillion ≈ $988.87 Million USD) and total liabilities (₫20.51 Trillion ≈ $779.38 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 FPT Digital Retail JSC (FRT) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₫5.51 Trillion |
| % of Total Assets | 21.19% |
| Annual Growth Rate | 33.22% |
| 5-Year Change | 206.03% |
| 10-Year Change | N/A |
| Growth Volatility | 53.36 |
FPT Digital Retail JSC - Net Assets Trend (2020–2025)
This chart illustrates how FPT Digital Retail JSC's net assets have evolved over time, based on quarterly financial data. See FRT defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for FPT Digital Retail JSC (2020–2025)
The table below shows the annual net assets of FPT Digital Retail JSC from 2020 to 2025. For live valuation and market cap data, see FRT company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫5.14 Trillion ≈ $195.25 Million |
+142.43% |
| 2024-12-31 | ₫2.12 Trillion ≈ $80.54 Million |
+23.30% |
| 2023-12-31 | ₫1.72 Trillion ≈ $65.32 Million |
-16.11% |
| 2022-12-31 | ₫2.05 Trillion ≈ $77.86 Million |
+22.04% |
| 2021-12-31 | ₫1.68 Trillion ≈ $63.80 Million |
+37.07% |
| 2020-12-31 | ₫1.23 Trillion ≈ $46.55 Million |
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Equity Component Analysis
This analysis shows how different components contribute to FPT Digital Retail 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 grown by 482.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫2.47 Trillion | 59.17% |
| Other Components | ₫1.70 Trillion | 40.83% |
| Total Equity | ₫4.17 Trillion | 100.00% |
FPT Digital Retail JSC Competitors by Market Cap
The table below lists competitors of FPT Digital Retail JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Standard Motor Products Inc
NYSE:SMP
|
$841.47 Million |
|
ENEFIT GREEN AS
F:I6B
|
$841.72 Million |
|
Radius Recycling, Inc.
NASDAQ:RDUS
|
$841.73 Million |
|
Harbin Gloria Pharmaceuticals
SHE:002437
|
$841.85 Million |
|
Nanjing Chemical Fibre Co Ltd
SHG:600889
|
$841.11 Million |
|
Luoniushan Co Ltd
SHE:000735
|
$840.83 Million |
|
Thungela Resources Limited
JSE:TGA
|
$840.49 Million |
|
Crossamerica Partners LP
NYSE:CAPL
|
$840.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FPT Digital Retail JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,911,810,280,157 to 4,171,460,700,502, a change of 2,259,650,420,345 (118.2%).
- Net income of 794,864,943,551 contributed positively to equity growth.
- New share issuances of 2,037,461,548,491 increased equity.
- Other factors decreased equity by 572,676,071,697.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫794.86 Billion | +19.05% |
| Share Issuances | ₫2.04 Trillion | +48.84% |
| Other Changes | ₫-572.68 Billion | -13.73% |
| Total Change | ₫- | 118.19% |
Book Value vs Market Value Analysis
This analysis compares FPT Digital Retail 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: 5.31x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 14.59x to 5.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | ₫8908.50 | ₫130000.00 | x |
| 2021-12-31 | ₫12200.27 | ₫130000.00 | x |
| 2022-12-31 | ₫14740.02 | ₫130000.00 | x |
| 2023-12-31 | ₫9390.65 | ₫130000.00 | x |
| 2024-12-31 | ₫11225.94 | ₫130000.00 | x |
| 2025-12-31 | ₫24494.52 | ₫130000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FPT Digital Retail 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): 19.05%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.56%
- • Asset Turnover: 2.15x
- • Equity Multiplier: 5.68x
- Recent ROE (19.05%) is above the historical average (10.37%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 2.04% | 0.17% | 2.72x | 4.44x | ₫-96.65 Billion |
| 2021 | 26.70% | 1.97% | 2.08x | 6.51x | ₫277.51 Billion |
| 2022 | 19.44% | 1.29% | 2.87x | 5.24x | ₫189.54 Billion |
| 2023 | -21.61% | -1.09% | 2.43x | 8.19x | ₫-505.57 Billion |
| 2024 | 16.61% | 0.79% | 2.53x | 8.28x | ₫126.34 Billion |
| 2025 | 19.05% | 1.56% | 2.15x | 5.68x | ₫377.72 Billion |
Industry Comparison
This section compares FPT Digital Retail JSC's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $15,481,689,846,432
- Average return on equity (ROE) among peers: 25.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FPT Digital Retail JSC (FRT) | ₫5.51 Trillion | 2.04% | 3.72x | $841.16 Million |
| Mobile World Investment Corp (MWG) | $15.48 Trillion | 25.31% | 1.97x | $4.35 Billion |
About FPT Digital Retail JSC
FPT Digital Retail Joint Stock Company provides pharmaceutical retail products in Vietnam. It operates through Informatics Equipment, Telephones, Components, and Related Accessories; Pharmaceutical; and Others segments. The company offers prescription and non-prescription drugs, supplements, medical equipment, and cosmetics; retail mobile digital products, including mobile phones, tablets, laptop… Read more