Gia Lai Electricity JSC

VN:GEG Vietnam Utilities - Renewable
Market Cap
$219.29 Million
₫5.57 Trillion VND
Market Cap Rank
#29286 Global
#249 in Vietnam
Share Price
₫15550.00
Change (1 day)
-1.58%
52-Week Range
₫11750.00 - ₫18000.00
All Time High
₫25271.58
About

Gia Lai Electricity Joint Stock Company produces, transmits, and distributes electricity in Vietnam. The company operates through Manufacturing and selling electricity, Rendering of services, Sales of goods, and Construction segments. It also engages in setting up electrical system; construction of industrial projects, hydroelectric projects, dams and dykes, road embankments, and other projects; … Read more

Gia Lai Electricity JSC (GEG) - Net Assets

Latest net assets as of June 2025: ₫6.50 Trillion VND

Based on the latest financial reports, Gia Lai Electricity JSC (GEG) has net assets worth ₫6.50 Trillion VND as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₫15.19 Trillion) and total liabilities (₫8.69 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 ₫6.50 Trillion
% of Total Assets 42.78%
Annual Growth Rate 13.54%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 20.65

Gia Lai Electricity JSC - Net Assets Trend (2020–2024)

This chart illustrates how Gia Lai Electricity 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 Gia Lai Electricity JSC (2020–2024)

The table below shows the annual net assets of Gia Lai Electricity JSC from 2020 to 2024.

Year Net Assets Change
2024-12-31 ₫5.76 Trillion -0.07%
2023-12-31 ₫5.77 Trillion +2.44%
2022-12-31 ₫5.63 Trillion +50.62%
2021-12-31 ₫3.74 Trillion +7.78%
2020-12-31 ₫3.47 Trillion --

Equity Component Analysis

This analysis shows how different components contribute to Gia Lai Electricity 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 73.4% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₫81.88 Billion 1.85%
Other Components ₫4.34 Trillion 98.15%
Total Equity ₫4.42 Trillion 100.00%

Gia Lai Electricity JSC Competitors by Market Cap

The table below lists competitors of Gia Lai Electricity JSC ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Gia Lai Electricity JSC's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,350,056,386,995 to 4,423,846,968,634, a change of 73,790,581,639 (1.7%).
  • Net income of 114,823,028,545 contributed positively to equity growth.
  • Dividend payments of 76,197,803,000 reduced retained earnings.
  • New share issuances of 200,000,000 increased equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₫114.82 Billion +2.6%
Dividends Paid ₫76.20 Billion -1.72%
Share Issuances ₫200.00 Million +0.0%
Other Changes ₫34.97 Billion +0.79%
Total Change ₫- 1.70%

Book Value vs Market Value Analysis

This analysis compares Gia Lai Electricity 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: 1.26x
  • 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 1.84x to 1.26x 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 ₫8440.06 ₫15550.00 x
2023-12-31 ₫12747.44 ₫15550.00 x
2024-12-31 ₫12346.48 ₫15550.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gia Lai Electricity 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): 2.60%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.94%
  • • Asset Turnover: 0.15x
  • • Equity Multiplier: 3.43x
  • Recent ROE (2.60%) is below the historical average (5.98%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2020 8.42% 17.23% 0.19x 2.54x ₫-48.37 Billion
2021 8.37% 20.48% 0.11x 3.69x ₫-54.93 Billion
2022 7.38% 15.08% 0.12x 4.00x ₫-112.08 Billion
2023 3.15% 6.34% 0.13x 3.71x ₫-297.76 Billion
2024 2.60% 4.94% 0.15x 3.43x ₫-327.56 Billion

Industry Comparison

This section compares Gia Lai Electricity JSC's net assets metrics with peer companies in the Utilities - Renewable industry.

Industry Context

  • Industry: Utilities - Renewable
  • Average net assets among peers: $3,226,914,344,677
  • Average return on equity (ROE) among peers: 7.33%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Gia Lai Electricity JSC (GEG) ₫6.50 Trillion 8.42% 1.34x $8.41 Million
Hua Na Hydropower JSC (HNA) $3.23 Trillion 7.33% 0.08x $7.95K