Ha Tien 1 Cement JSC Net Assets
Ha Tien 1 Cement JSC net assets. Based on the latest financial reports, Ha Tien 1 Cement JSC (HT1) has net assets worth ₫5.09 Trillion VND (≈ $193.34 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₫7.60 Trillion ≈ $288.77 Million USD) and total liabilities (₫2.51 Trillion ≈ $95.42 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 Ha Tien 1 Cement JSC equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₫5.09 Trillion |
| % of Total Assets | 66.95% |
| Annual Growth Rate | -0.88% |
| 5-Year Change | -1.65% |
| 10-Year Change | N/A |
| Growth Volatility | 3.26 |
Net Assets of Ha Tien 1 Cement JSC (2019–2025)
Net assets of Ha Tien 1 Cement JSC from 2019 to 2025. This chart illustrates how Ha Tien 1 Cement JSC's net assets have evolved over time, based on quarterly financial data. See Ha Tien 1 Cement JSC (HT1) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Ha Tien 1 Cement JSC (2019–2025)
The table below shows the annual net assets of Ha Tien 1 Cement JSC from 2019 to 2025. For live market cap and overall valuation, see HT1 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫5.09 Trillion ≈ $193.34 Million |
+4.38% |
| 2024-12-31 | ₫4.88 Trillion ≈ $185.23 Million |
+0.88% |
| 2023-12-31 | ₫4.83 Trillion ≈ $183.62 Million |
-5.47% |
| 2022-12-31 | ₫5.11 Trillion ≈ $194.25 Million |
-1.19% |
| 2021-12-31 | ₫5.17 Trillion ≈ $196.60 Million |
-4.04% |
| 2020-12-31 | ₫5.39 Trillion ≈ $204.88 Million |
+0.52% |
| 2019-12-31 | ₫5.36 Trillion ≈ $203.82 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ha Tien 1 Cement 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 81.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Ha Tien 1 Cement JSC Net Assets Breakdown (December 2025)
Ha Tien 1 Cement JSC net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫273.73 Billion | 5.39% |
| Other Components | ₫4.81 Trillion | 94.61% |
| Total Equity | ₫5.08 Trillion | 100.00% |
Ha Tien 1 Cement JSC Competitors by Market Cap
The table below lists competitors of Ha Tien 1 Cement JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Avita Medical Inc
AU:AVH
|
$188.51 Million |
|
SillaJen Inc
KQ:215600
|
$188.62 Million |
|
Ares Commercial Real Estate
NYSE:ACRE
|
$188.64 Million |
|
Scottish Mortgage Investment Trust plc
LSE:SMT
|
$188.64 Million |
|
Brightcom Group Limited
NSE:BCG
|
$188.39 Million |
|
Black Rock Coffee Bar, Inc. Class A Common Stock
NASDAQ:BRCB
|
$188.32 Million |
|
Greenpanel Industries Limited
NSE:GREENPANEL
|
$188.32 Million |
|
Gulf Island Fabrication Inc
NASDAQ:GIFI
|
$188.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ha Tien 1 Cement JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,865,568,043,358 to 5,078,855,669,138, a change of 213,287,625,780 (4.4%).
- Net income of 273,733,616,880 contributed positively to equity growth.
- Dividend payments of 38,177,667,800 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫273.73 Billion | +5.39% |
| Dividends Paid | ₫38.18 Billion | -0.75% |
| Other Changes | ₫-22.27 Billion | -0.44% |
| Total Change | ₫- | 4.38% |
Book Value vs Market Value Analysis
This analysis compares Ha Tien 1 Cement 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: 0.98x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ₫14037.90 | ₫13000.00 | x |
| 2020-12-31 | ₫14110.31 | ₫13000.00 | x |
| 2021-12-31 | ₫13538.15 | ₫13000.00 | x |
| 2022-12-31 | ₫13373.83 | ₫13000.00 | x |
| 2023-12-31 | ₫12640.19 | ₫13000.00 | x |
| 2024-12-31 | ₫12750.78 | ₫13000.00 | x |
| 2025-12-31 | ₫13309.72 | ₫13000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ha Tien 1 Cement 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): 5.39%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.72%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 1.50x
- Recent ROE (5.39%) is below the historical average (6.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 13.82% | 8.38% | 0.86x | 1.92x | ₫204.76 Billion |
| 2020 | 11.29% | 7.63% | 0.79x | 1.86x | ₫69.36 Billion |
| 2021 | 7.14% | 5.22% | 0.80x | 1.71x | ₫-147.58 Billion |
| 2022 | 5.05% | 2.89% | 0.95x | 1.84x | ₫-252.63 Billion |
| 2023 | 0.37% | 0.25% | 0.82x | 1.79x | ₫-464.61 Billion |
| 2024 | 1.24% | 0.87% | 0.84x | 1.69x | ₫-426.41 Billion |
| 2025 | 5.39% | 3.72% | 0.97x | 1.50x | ₫-234.15 Billion |
Industry Comparison
This section compares Ha Tien 1 Cement JSC's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $1,204,328,091,801
- Average return on equity (ROE) among peers: 1.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ha Tien 1 Cement JSC (HT1) | ₫5.09 Trillion | 13.82% | 0.49x | $188.48 Million |
| Binh Duong Trade and Development JSC (TDC) | $1.20 Trillion | 1.08% | 2.20x | $31.42 Million |
About Ha Tien 1 Cement JSC
Vicem Ha Tien Cement Joint Stock Company engages in production and trading of cement, building materials, clinker, construction materials, and supplies in Vietnam. The company provides building materials, including bricks, tiles, mortar, and concrete. It also undertakes civil construction works and construction of traffic works; trades in real estate, such as office building for leasing; exploits… Read more