Kosy JSC Net Assets
Kosy JSC net assets. Based on the latest financial reports, Kosy JSC (KOS) has net assets worth ₫2.35 Trillion VND (≈ $89.43 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₫5.08 Trillion ≈ $192.98 Million USD) and total liabilities (₫2.73 Trillion ≈ $103.55 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 KOS shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₫2.35 Trillion |
| % of Total Assets | 46.34% |
| Annual Growth Rate | 15.07% |
| 5-Year Change | 3.28% |
| 10-Year Change | N/A |
| Growth Volatility | 37.82 |
Net Assets of Kosy JSC (2020–2025)
Net assets of Kosy JSC from 2020 to 2025. This chart illustrates how Kosy JSC's net assets have evolved over time, based on quarterly financial data. See KOS net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Kosy JSC (2020–2025)
The table below shows the annual net assets of Kosy JSC from 2020 to 2025. For live market cap and overall valuation, see market cap of Kosy JSC.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫2.34 Trillion ≈ $88.82 Million |
+0.82% |
| 2024-12-31 | ₫2.32 Trillion ≈ $88.09 Million |
+0.53% |
| 2023-12-31 | ₫2.31 Trillion ≈ $87.63 Million |
+0.92% |
| 2022-12-31 | ₫2.29 Trillion ≈ $86.82 Million |
+0.96% |
| 2021-12-31 | ₫2.26 Trillion ≈ $86.00 Million |
+95.36% |
| 2020-12-31 | ₫1.16 Trillion ≈ $44.02 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kosy 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 36.5% over the analyzed period, indicating profitable operations and earnings retention.
Kosy JSC Net Assets Breakdown (December 2025)
Kosy JSC net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫165.37 Billion | 7.10% |
| Other Components | ₫2.16 Trillion | 92.90% |
| Total Equity | ₫2.33 Trillion | 100.00% |
Kosy JSC Competitors by Market Cap
The table below lists competitors of Kosy JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hep Tech Co Ltd
TWO:3609
|
$33.40 Million |
|
Europacorp
PA:ALECP
|
$33.40 Million |
|
FRIWO AG
F:CEA
|
$33.40 Million |
|
LEMON Co. Ltd
KQ:294140
|
$33.41 Million |
|
Argosy Minerals Ltd
AU:AGY
|
$33.38 Million |
|
Moneyme Ltd
AU:MME
|
$33.35 Million |
|
EVZ Ltd
AU:EVZ
|
$33.35 Million |
|
Lotte Chilsung Beverage Co Ltd
KO:005305
|
$33.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kosy JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,311,234,001,003 to 2,330,180,387,557, a change of 18,946,386,554 (0.8%).
- Net income of 18,946,386,554 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫18.95 Billion | +0.81% |
| Total Change | ₫- | 0.82% |
Book Value vs Market Value Analysis
This analysis compares Kosy 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: 0.38x
- 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 |
|---|---|---|---|
| 2020-12-31 | ₫11167.98 | ₫4060.00 | x |
| 2022-12-31 | ₫10523.34 | ₫4060.00 | x |
| 2023-12-31 | ₫10620.64 | ₫4060.00 | x |
| 2024-12-31 | ₫10676.37 | ₫4060.00 | x |
| 2025-12-31 | ₫10763.89 | ₫4060.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kosy 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): 0.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.22%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 2.09x
- Recent ROE (0.81%) is below the historical average (1.03%), 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 | 1.89% | 1.67% | 0.60x | 1.90x | ₫-93.96 Billion |
| 2021 | 1.00% | 2.04% | 0.29x | 1.72x | ₫-203.10 Billion |
| 2022 | 0.95% | 1.62% | 0.28x | 2.12x | ₫-206.09 Billion |
| 2023 | 0.60% | 1.04% | 0.28x | 2.07x | ₫-216.21 Billion |
| 2024 | 0.93% | 1.49% | 0.30x | 2.10x | ₫-209.69 Billion |
| 2025 | 0.81% | 1.22% | 0.32x | 2.09x | ₫-214.07 Billion |
Industry Comparison
This section compares Kosy JSC's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $25,096,177,648,756
- Average return on equity (ROE) among peers: 14.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kosy JSC (KOS) | ₫2.35 Trillion | 1.89% | 1.16x | $33.39 Million |
| Development Investment Construction JSC (DIG) | $7.67 Trillion | 12.85% | 1.20x | $306.32 Million |
| Ba Ria Vung Tau House Development JSC (HDC) | $2.27 Trillion | 2.91% | 1.15x | $76.23 Million |
| Ha Do Group JSC (HDG) | $6.55 Trillion | 21.37% | 1.31x | $231.93 Million |
| Khang Dien House Trading and Investment JSC (KDH) | $11.79 Trillion | 9.35% | 0.83x | $592.66 Million |
| Nam Long Investment Corp (NLG) | $6.72 Trillion | 12.42% | 1.03x | $405.48 Million |
| Phat Dat Real Estate Development Corp (PDR) | $9.26 Trillion | 12.28% | 1.47x | $428.39 Million |
| Vinhomes JSC (VHM) | $131.41 Trillion | 29.55% | 0.75x | $9.83 Billion |
About Kosy JSC
KOSY Joint Stock Company engages in the real estate and construction businesses in Vietnam. The company operates through Real Estate, Trading services, and Hydroelectric segments. It engages in real estate trading; wholesale of construction materials and other installation equipment; and hydropower business. The company was incorporated in 2008 and is headquartered in Hanoi, Vietnam.