Hoang Huy Investment Services JSC (HHS) - Net Assets
Based on the latest financial reports, Hoang Huy Investment Services JSC (HHS) has net assets worth ₫16.67 Trillion VND (≈ $633.32 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 (₫23.80 Trillion ≈ $904.36 Million USD) and total liabilities (₫7.13 Trillion ≈ $271.05 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 HHS current and non-current assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₫16.67 Trillion |
| % of Total Assets | 70.03% |
| Annual Growth Rate | 29.84% |
| 5-Year Change | 317.36% |
| 10-Year Change | N/A |
| Growth Volatility | 86.59 |
Hoang Huy Investment Services JSC - Net Assets Trend (2019–2025)
This chart illustrates how Hoang Huy Investment Services JSC's net assets have evolved over time, based on quarterly financial data. Check Hoang Huy Investment Services JSC (HHS) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Hoang Huy Investment Services JSC (2019–2025)
The table below shows the annual net assets of Hoang Huy Investment Services JSC from 2019 to 2025. For live valuation and market cap data, see market cap of Hoang Huy Investment Services JSC.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫16.45 Trillion ≈ $625.09 Million |
+239.48% |
| 2024-12-31 | ₫4.85 Trillion ≈ $184.13 Million |
+7.67% |
| 2023-12-31 | ₫4.50 Trillion ≈ $171.02 Million |
+8.04% |
| 2022-12-31 | ₫4.17 Trillion ≈ $158.29 Million |
+5.68% |
| 2021-12-31 | ₫3.94 Trillion ≈ $149.77 Million |
+5.34% |
| 2020-12-31 | ₫3.74 Trillion ≈ $142.18 Million |
+9.03% |
| 2019-12-31 | ₫3.43 Trillion ≈ $130.40 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hoang Huy Investment Services 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 643.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫4.50 Trillion | 49.97% |
| Other Components | ₫4.50 Trillion | 50.03% |
| Total Equity | ₫9.00 Trillion | 100.00% |
Hoang Huy Investment Services JSC Competitors by Market Cap
The table below lists competitors of Hoang Huy Investment Services JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Harvatek Corp
TW:6168
|
$163.37 Million |
|
LBS Bina Group Bhd
KLSE:5789
|
$163.42 Million |
|
Bonei Hatichon Civil Engineering and Infrastructures Ltd
TA:BOTI
|
$163.44 Million |
|
Baran Group Ltd
TA:BRAN
|
$163.45 Million |
|
Mycenax Biotech
TWO:4726
|
$163.28 Million |
|
Marti Technologies Inc.
NYSE MKT:MRT
|
$163.23 Million |
|
Pinago Utama Tbk Pt
JK:PNGO
|
$162.97 Million |
|
Korea Real Estate Investment & Trust Co Ltd
KO:034830
|
$162.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hoang Huy Investment Services JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,787,042,286,729 to 8,996,704,728,025, a change of 4,209,662,441,296 (87.9%).
- Net income of 3,553,215,479,345 contributed positively to equity growth.
- Dividend payments of 197,745,944,000 reduced retained earnings.
- New share issuances of 799,946,000,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫3.55 Trillion | +39.49% |
| Dividends Paid | ₫197.75 Billion | -2.2% |
| Share Issuances | ₫799.95 Billion | +8.89% |
| Other Changes | ₫54.25 Billion | +0.6% |
| Total Change | ₫- | 87.94% |
Book Value vs Market Value Analysis
This analysis compares Hoang Huy Investment Services 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: 0.48x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.94x to 0.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ₫10581.20 | ₫9950.00 | x |
| 2020-12-31 | ₫10501.70 | ₫9950.00 | x |
| 2021-12-31 | ₫11130.18 | ₫9950.00 | x |
| 2022-12-31 | ₫11776.31 | ₫9950.00 | x |
| 2023-12-31 | ₫12779.28 | ₫9950.00 | x |
| 2024-12-31 | ₫13008.76 | ₫9950.00 | x |
| 2025-12-31 | ₫20826.38 | ₫9950.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hoang Huy Investment Services 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): 39.49%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 398.00%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 2.60x
- Recent ROE (39.49%) is above the historical average (11.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 5.67% | 32.23% | 0.16x | 1.08x | ₫-145.35 Billion |
| 2020 | 7.76% | 46.94% | 0.15x | 1.08x | ₫-82.26 Billion |
| 2021 | 6.02% | 45.08% | 0.12x | 1.10x | ₫-153.63 Billion |
| 2022 | 5.43% | 57.62% | 0.09x | 1.10x | ₫-186.83 Billion |
| 2023 | 7.85% | 94.97% | 0.08x | 1.05x | ₫-95.50 Billion |
| 2024 | 7.67% | 64.28% | 0.10x | 1.14x | ₫-111.51 Billion |
| 2025 | 39.49% | 398.00% | 0.04x | 2.60x | ₫2.65 Trillion |
Industry Comparison
This section compares Hoang Huy Investment Services JSC's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $13,448,952,637,855
- Average return on equity (ROE) among peers: 6.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hoang Huy Investment Services JSC (HHS) | ₫16.67 Trillion | 5.67% | 0.43x | $163.31 Million |
| Hoang Huy Investment Financial (TCH) | $13.45 Trillion | 6.36% | 0.14x | $424.52 Million |
About Hoang Huy Investment Services JSC
Hoang Huy Investment Services Joint Stock Company engages in the trading of passenger cars, trucks, auxiliary equipment, and related spare parts in Vietnam. The company is also involved in the real estate business, land use rights owned, used, or leased, as well as leasing houses and construction works for sublease; construction of residential buildings and non-residential for lease; construction… Read more