Hoang Anh Gia Lai Agricultural JSC
Hoang Anh Gia Lai Agricultural Joint Stock Company, together with its subsidiaries, engages in the cultivation and trading of fruit, rubber, oil palm, and other crops in Vietnam, Laos, and Cambodia. The company operates through Agriculture, and Trading and Services segments. It is also engaged in production and sale of coffee and tea, as well as seedlings; providing planting services, and crop re… Read more
Hoang Anh Gia Lai Agricultural JSC (HNG) - Net Assets
Latest net assets as of June 2024: ₫2.39 Trillion VND
Based on the latest financial reports, Hoang Anh Gia Lai Agricultural JSC (HNG) has net assets worth ₫2.39 Trillion VND as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₫15.55 Trillion) and total liabilities (₫13.16 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 | ₫2.39 Trillion |
| % of Total Assets | 15.35% |
| Annual Growth Rate | -36.2% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 10.18 |
Hoang Anh Gia Lai Agricultural JSC - Net Assets Trend (2020–2023)
This chart illustrates how Hoang Anh Gia Lai Agricultural 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 Hoang Anh Gia Lai Agricultural JSC (2020–2023)
The table below shows the annual net assets of Hoang Anh Gia Lai Agricultural JSC from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ₫2.26 Trillion | -25.66% |
| 2022-12-31 | ₫3.03 Trillion | -49.40% |
| 2021-12-31 | ₫6.00 Trillion | -30.91% |
| 2020-12-31 | ₫8.68 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hoang Anh Gia Lai Agricultural 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 579599673100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₫10.36 Trillion | 459.18% |
| Total Equity | ₫2.26 Trillion | 100.00% |
Hoang Anh Gia Lai Agricultural JSC Competitors by Market Cap
The table below lists competitors of Hoang Anh Gia Lai Agricultural JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fujian Sanmu Group Co Ltd
SHE:000632
|
$240.23 Million |
|
Radiant Logistics Inc
NYSE MKT:RLGT
|
$240.28 Million |
|
PNC Infratech Limited
NSE:PNCINFRA
|
$240.32 Million |
|
Shenyang Chemical Industry Co Ltd
SHE:000698
|
$240.44 Million |
|
Ichitan Group Public Company Limited
BK:ICHI-R
|
$240.16 Million |
|
Vedant Fashions Limited
NSE:MANYAVAR
|
$240.16 Million |
|
Atlas Consolidated Mining and Development Corporation
PINK:ACMDY
|
$240.13 Million |
|
John Marshall Bancorp Inc
NASDAQ:JMSB
|
$240.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hoang Anh Gia Lai Agricultural JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,034,472,995,000 to 2,255,706,971,000, a change of -778,766,024,000 (-25.7%).
- Net loss of 1,098,460,718,000 reduced equity.
- Other factors increased equity by 319,694,694,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫-1.10 Trillion | -48.7% |
| Other Changes | ₫319.69 Billion | +14.17% |
| Total Change | ₫- | -25.66% |
Book Value vs Market Value Analysis
This analysis compares Hoang Anh Gia Lai Agricultural 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: 2.95x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 2.19x to 2.95x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | ₫2737.33 | ₫6000.00 | x |
| 2023-12-31 | ₫2034.82 | ₫6000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hoang Anh Gia Lai Agricultural 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): -48.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -181.39%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 6.25x
- Recent ROE (-48.70%) is below the historical average (-46.25%), 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 | 0.24% | 0.88% | 0.10x | 2.84x | ₫-847.07 Billion |
| 2021 | -18.67% | -93.37% | 0.09x | 2.34x | ₫-1.72 Trillion |
| 2022 | -117.86% | -482.13% | 0.06x | 4.18x | ₫-3.88 Trillion |
| 2023 | -48.70% | -181.39% | 0.04x | 6.25x | ₫-1.32 Trillion |
Industry Comparison
This section compares Hoang Anh Gia Lai Agricultural JSC's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $3,490,425,097,340
- Average return on equity (ROE) among peers: 9.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hoang Anh Gia Lai Agricultural JSC (HNG) | ₫2.39 Trillion | 0.24% | 5.51x | $240.20 Million |
| Nam Viet Corp (ANV) | $2.88 Trillion | 23.38% | 0.90x | $223.17 Million |
| BAF Viet Nam Agriculture JSC (BAF) | $1.91 Trillion | 1.38% | 2.42x | $231.66 Million |
| Dabaco (DBC) | $4.64 Trillion | 0.11% | 1.80x | $292.30 Million |
| Vietnam National Seed Group JSC (NSC) | $1.45 Trillion | 15.46% | 0.54x | $50.15 Million |
| PAN Group JSC (PAN) | $6.15 Trillion | 4.19% | 0.75x | $231.96 Million |
| Phuoc Hoa Rubber JSC (PHR) | $3.92 Trillion | 11.74% | 0.51x | $304.51 Million |