Vietnam Rubber Group Ltd Net Assets
Vietnam Rubber Group Ltd net assets. Based on the latest financial reports, Vietnam Rubber Group Ltd (GVR) has net assets worth ₫64.98 Trillion VND (≈ $2.47 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₫87.18 Trillion ≈ $3.31 Billion USD) and total liabilities (₫22.19 Trillion ≈ $843.24 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. Also explore Vietnam Rubber Group Ltd (GVR) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₫64.98 Trillion |
| % of Total Assets | 74.54% |
| Annual Growth Rate | 3.5% |
| 5-Year Change | 19.76% |
| 10-Year Change | N/A |
| Growth Volatility | 2.12 |
Net Assets of Vietnam Rubber Group Ltd (2019–2025)
Net assets of Vietnam Rubber Group Ltd from 2019 to 2025. This chart illustrates how Vietnam Rubber Group Ltd's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Vietnam Rubber Group Ltd to measure how much of total assets are equity-financed.
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. For live market cap and overall valuation, see market cap of Vietnam Rubber Group Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫62.20 Trillion ≈ $2.36 Billion |
+6.51% |
| 2024-12-31 | ₫58.40 Trillion ≈ $2.22 Billion |
+6.22% |
| 2023-12-31 | ₫54.98 Trillion ≈ $2.09 Billion |
+2.73% |
| 2022-12-31 | ₫53.52 Trillion ≈ $2.03 Billion |
+3.03% |
| 2021-12-31 | ₫51.94 Trillion ≈ $1.97 Billion |
+0.99% |
| 2020-12-31 | ₫51.43 Trillion ≈ $1.95 Billion |
+1.65% |
| 2019-12-31 | ₫50.60 Trillion ≈ $1.92 Billion |
-- |
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 69.0% over the analyzed period, indicating profitable operations and earnings retention.
Vietnam Rubber Group Ltd Net Assets Breakdown (December 2025)
Vietnam Rubber Group Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫7.15 Trillion | 12.69% |
| Other Components | ₫49.20 Trillion | 87.31% |
| Total Equity | ₫56.36 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 |
|---|---|
|
Wacker Chemie AG
XETRA:WCH
|
$4.45 Billion |
|
Zhejiang Dingli Mach Co Ltd
SHG:603338
|
$4.46 Billion |
|
Pampa Energia SA ADR
NYSE:PAM
|
$4.46 Billion |
|
MakeMyTrip Limited
F:MY1
|
$4.46 Billion |
|
Xinfengming Group Co Ltd
SHG:603225
|
$4.45 Billion |
|
BIDVEST SP.ADR/2 RC-05
F:NQL
|
$4.45 Billion |
|
Hainan HNA Infrastructure Investment Group Co Ltd
SHG:600515
|
$4.45 Billion |
|
Tanger Factory Outlet Centers Inc
NYSE:SKT
|
$4.45 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 52,982,087,679,667 to 56,356,745,908,915, a change of 3,374,658,229,248 (6.4%).
- Net income of 5,318,551,565,051 contributed positively to equity growth.
- Dividend payments of 2,067,404,555,639 reduced retained earnings.
- New share issuances of 62,343,873,206 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫5.32 Trillion | +9.44% |
| Dividends Paid | ₫2.07 Trillion | -3.67% |
| Share Issuances | ₫62.34 Billion | +0.11% |
| Other Changes | ₫61.17 Billion | +0.11% |
| Total Change | ₫- | 6.37% |
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: 2.08x
- 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 2.35x to 2.08x 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 | ₫29300.00 | x |
| 2024-12-31 | ₫13245.52 | ₫29300.00 | x |
| 2025-12-31 | ₫14089.19 | ₫29300.00 | 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): 9.44%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.29%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.53x
- Recent ROE (9.44%) is above the historical average (7.67%), 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 | 9.44% | 18.29% | 0.34x | 1.53x | ₫-317.12 Billion |
Industry Comparison
This section compares Vietnam Rubber Group Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $3,446,232,618,670
- Average return on equity (ROE) among peers: 11.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vietnam Rubber Group Ltd (GVR) | ₫64.98 Trillion | 6.94% | 0.34x | $4.45 Billion |
| An Phat Holdings JSC (APH) | $5.73 Trillion | 0.61% | 1.16x | $66.25 Million |
| South Basic Chemicals JSC (CSV) | $1.16 Trillion | 18.04% | 0.26x | $94.88 Million |
| Ducgiang Chemicals & Detergent Powder Joint Co (DGC) | $3.45 Trillion | 16.42% | 0.37x | $476.17 Million |
About Vietnam Rubber Group Ltd
Vietnam Rubber Group - Joint Stock Company, together with its subsidiaries, engages in the planting, tending, exploiting, processing, and trading of rubber in Vietnam and internationally. It operates through seven segments: Rubber Latex Production and Trading; Production and Trading of Rubber Products; Wood Processing, Production, and Trading; Real Estate and Infrastructure Construction; Tourism,… Read more