Gia Lai Electricity JSC (GEG) - Net Assets
Based on the latest financial reports, Gia Lai Electricity JSC (GEG) has net assets worth ₫6.50 Trillion VND (≈ $246.84 Million USD) 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 ≈ $576.96 Million USD) and total liabilities (₫8.69 Trillion ≈ $330.11 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 Gia Lai Electricity JSC (GEG) asset resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore GEG total asset value for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market value of Gia Lai Electricity JSC.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₫5.76 Trillion ≈ $218.97 Million |
-0.07% |
| 2023-12-31 | ₫5.77 Trillion ≈ $219.12 Million |
+2.44% |
| 2022-12-31 | ₫5.63 Trillion ≈ $213.90 Million |
+50.62% |
| 2021-12-31 | ₫3.74 Trillion ≈ $142.01 Million |
+7.78% |
| 2020-12-31 | ₫3.47 Trillion ≈ $131.76 Million |
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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.
| Company | Market Cap |
|---|---|
|
Inspired Entertainment Inc
NASDAQ:INSE
|
$194.68 Million |
|
SEACOR Marine Holdings Inc
NYSE:SMHI
|
$194.77 Million |
|
Pro-Hawk
TWO:8083
|
$194.81 Million |
|
Somboon Advance Technology Public Company Limited
BK:SAT
|
$194.82 Million |
|
AMIA Co. Ltd.
TW:8438
|
$194.58 Million |
|
PERENNIAL ENERGY HD-01
F:PEZ
|
$194.54 Million |
|
Crexendo Inc
NASDAQ:CXDO
|
$194.53 Million |
|
Geojit Financial Services Limited
NSE:GEOJITFSL
|
$194.49 Million |
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: 1.16x
- 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 1.69x to 1.16x 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 | ₫14300.00 | x |
| 2023-12-31 | ₫12747.44 | ₫14300.00 | x |
| 2024-12-31 | ₫12346.48 | ₫14300.00 | 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 | $194.67 Million |
| Hua Na Hydropower JSC (HNA) | $3.23 Trillion | 7.33% | 0.08x | $192.60 Million |
About Gia Lai Electricity JSC
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