Vietnam Rubber Group Ltd
Vietnam Rubber Group - Joint Stock Company primarily engages in planting, maintaining, exploiting, processing, manufacturing, purchasing, and selling rubber products in Vietnam and internationally. The company offers technical standard and centrifugal rubber products, and rubber sheets, as well as provides seedlings and technical support services. It also engages in raising livestock; planting in… Read more
Vietnam Rubber Group Ltd (GVR) - Net Assets
Latest net assets as of December 2025: ₫62.60 Trillion VND
Based on the latest financial reports, Vietnam Rubber Group Ltd (GVR) has net assets worth ₫62.60 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 (₫86.51 Trillion) and total liabilities (₫23.91 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 | ₫62.60 Trillion |
| % of Total Assets | 72.36% |
| Annual Growth Rate | 3.61% |
| 5-Year Change | 20.53% |
| 10-Year Change | N/A |
| Growth Volatility | 2.29 |
Vietnam Rubber Group Ltd - Net Assets Trend (2019–2025)
This chart illustrates how Vietnam Rubber Group Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Vietnam Rubber Group Ltd (2019–2025)
The table below shows the annual net assets of Vietnam Rubber Group Ltd from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫62.60 Trillion | +7.20% |
| 2024-12-31 | ₫58.40 Trillion | +6.22% |
| 2023-12-31 | ₫54.98 Trillion | +2.73% |
| 2022-12-31 | ₫53.52 Trillion | +3.03% |
| 2021-12-31 | ₫51.94 Trillion | +0.99% |
| 2020-12-31 | ₫51.43 Trillion | +1.65% |
| 2019-12-31 | ₫50.60 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vietnam Rubber Group Ltd'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 73.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫7.33 Trillion | 12.93% |
| Other Components | ₫49.37 Trillion | 87.07% |
| Total Equity | ₫56.71 Trillion | 100.00% |
Vietnam Rubber Group Ltd Competitors by Market Cap
The table below lists competitors of Vietnam Rubber Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bruker Corporation
NASDAQ:BRKR
|
$3.49 Billion |
|
Sangfor Technologies Inc Class A
SHE:300454
|
$3.50 Billion |
|
Bumrungrad Hospital PCL
BK:BH
|
$3.50 Billion |
|
CommVault Systems Inc
NASDAQ:CVLT
|
$3.50 Billion |
|
Hyundai Mipo Dockyard
KO:010620
|
$3.49 Billion |
|
Schroders PLC
PINK:SHNWF
|
$3.49 Billion |
|
Sonae SGPS SA
LS:SON
|
$3.49 Billion |
|
Yunnan Copper Co Ltd
SHE:000878
|
$3.49 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vietnam Rubber Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 52,982,087,679,666 to 56,708,362,900,290, a change of 3,726,275,220,624 (7.0%).
- Net income of 5,625,179,312,424 contributed positively to equity growth.
- Dividend payments of 2,067,219,408,834 reduced retained earnings.
- New share issuances of 62,411,320,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫5.63 Trillion | +9.92% |
| Dividends Paid | ₫2.07 Trillion | -3.65% |
| Share Issuances | ₫62.41 Billion | +0.11% |
| Other Changes | ₫105.90 Billion | +0.19% |
| Total Change | ₫- | 7.03% |
Book Value vs Market Value Analysis
This analysis compares Vietnam Rubber Group Ltd'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: 2.35x
- 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 2.67x to 2.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-12-31 | ₫12464.75 | ₫33300.00 | x |
| 2024-12-31 | ₫13245.52 | ₫33300.00 | x |
| 2025-12-31 | ₫14177.09 | ₫33300.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vietnam Rubber Group Ltd 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): 9.92%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.44%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.53x
- Recent ROE (9.92%) is above the historical average (7.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 6.94% | 16.41% | 0.25x | 1.68x | ₫-1.43 Trillion |
| 2020 | 7.92% | 17.86% | 0.26x | 1.69x | ₫-988.00 Billion |
| 2021 | 8.68% | 15.88% | 0.33x | 1.65x | ₫-630.73 Billion |
| 2022 | 7.91% | 15.27% | 0.32x | 1.60x | ₫-1.03 Trillion |
| 2023 | 5.26% | 11.85% | 0.28x | 1.57x | ₫-2.36 Trillion |
| 2024 | 7.53% | 15.20% | 0.31x | 1.57x | ₫-1.31 Trillion |
| 2025 | 9.92% | 19.44% | 0.33x | 1.53x | ₫-45.66 Billion |
Industry Comparison
This section compares Vietnam Rubber Group Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,078,149,428,093
- Average return on equity (ROE) among peers: 6.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vietnam Rubber Group Ltd (GVR) | ₫62.60 Trillion | 6.94% | 0.38x | $3.49 Billion |
| 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 |
| Danang Rubber JSC (DRC) | $1.94 Trillion | 6.24% | 1.15x | $85.87 Million |