Lien Viet Post Joint Stock Commercial Bank (LPB) - Net Assets
Based on the latest financial reports, Lien Viet Post Joint Stock Commercial Bank (LPB) has net assets worth ₫40.70 Trillion VND (≈ $1.55 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₫513.61 Trillion ≈ $19.51 Billion USD) and total liabilities (₫472.91 Trillion ≈ $17.97 Billion 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. Read total liabilities of Lien Viet Post Joint Stock Commercial Ba for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₫40.70 Trillion |
| % of Total Assets | 7.92% |
| Annual Growth Rate | 32.1% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 10.48 |
Lien Viet Post Joint Stock Commercial Bank - Net Assets Trend (2020–2024)
This chart illustrates how Lien Viet Post Joint Stock Commercial Bank's net assets have evolved over time, based on quarterly financial data. Also explore Lien Viet Post Joint Stock Commercial Ba asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Lien Viet Post Joint Stock Commercial Bank (2020–2024)
The table below shows the annual net assets of Lien Viet Post Joint Stock Commercial Bank from 2020 to 2024. For live valuation and market cap data, see Lien Viet Post Joint Stock Commercial Ba market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₫43.34 Trillion ≈ $1.65 Billion |
+27.03% |
| 2023-12-31 | ₫34.12 Trillion ≈ $1.30 Billion |
+41.83% |
| 2022-12-31 | ₫24.06 Trillion ≈ $913.95 Million |
+43.17% |
| 2021-12-31 | ₫16.80 Trillion ≈ $638.37 Million |
+18.06% |
| 2020-12-31 | ₫14.23 Trillion ≈ $540.72 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Lien Viet Post Joint Stock Commercial Bank'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 247.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫12.12 Trillion | 27.97% |
| Other Components | ₫31.22 Trillion | 72.03% |
| Total Equity | ₫43.34 Trillion | 100.00% |
Lien Viet Post Joint Stock Commercial Bank Competitors by Market Cap
The table below lists competitors of Lien Viet Post Joint Stock Commercial Bank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OrangePL
WAR:OPL
|
$5.37 Billion |
|
Shanghai Fudan Microelectronics Group Co Ltd
SHG:688385
|
$5.37 Billion |
|
Zhejiang Weiming Environment Protection Co Ltd
SHG:603568
|
$5.37 Billion |
|
Blue Owl Capital Corporation
NYSE:OBDC
|
$5.37 Billion |
|
Kanzhun Ltd ADR
NASDAQ:BZ
|
$5.37 Billion |
|
FTI Consulting Inc
NYSE:FCN
|
$5.37 Billion |
|
White Mountains Insurance Group Ltd
NYSE:WTM
|
$5.36 Billion |
|
Bank Ozk
NASDAQ:OZK
|
$5.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lien Viet Post Joint Stock Commercial Bank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 34,117,400,000,000 to 43,338,300,000,000, a change of 9,220,900,000,000 (27.0%).
- Net income of 9,720,900,000,000 contributed positively to equity growth.
- Other factors decreased equity by 500,000,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫9.72 Trillion | +22.43% |
| Other Changes | ₫-500.00 Billion | -1.15% |
| Total Change | ₫- | 27.03% |
Book Value vs Market Value Analysis
This analysis compares Lien Viet Post Joint Stock Commercial Bank'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: 3.26x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 7.47x to 3.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | ₫6330.69 | ₫47300.00 | x |
| 2022-12-31 | ₫8921.23 | ₫47300.00 | x |
| 2023-12-31 | ₫11420.83 | ₫47300.00 | x |
| 2024-12-31 | ₫14507.53 | ₫47300.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lien Viet Post Joint Stock Commercial Bank 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): 22.43%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 48.69%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 11.73x
- Recent ROE (22.43%) is above the historical average (17.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 13.08% | 23.78% | 0.03x | 17.03x | ₫438.74 Billion |
| 2021 | 17.10% | 28.16% | 0.04x | 17.21x | ₫1.19 Trillion |
| 2022 | 18.75% | 31.78% | 0.04x | 13.62x | ₫2.10 Trillion |
| 2023 | 16.33% | 35.52% | 0.04x | 11.22x | ₫2.16 Trillion |
| 2024 | 22.43% | 48.69% | 0.04x | 11.73x | ₫5.39 Trillion |
Industry Comparison
This section compares Lien Viet Post Joint Stock Commercial Bank's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $59,901,175,777,778
- Average return on equity (ROE) among peers: 16.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lien Viet Post Joint Stock Commercial Bank (LPB) | ₫40.70 Trillion | 13.08% | 11.62x | $5.37 Billion |
| Asia Commercial Bank (ACB) | $27.77 Trillion | 21.65% | 12.81x | $4.59 Billion |
| Joint Stock Commercial Bank for Investment and Development of Vietnam (BID) | $104.19 Trillion | 17.43% | 19.35x | $10.70 Billion |
| Vietnam JSCmmercial Bank for Industry and Trade (CTG) | $93.65 Trillion | 15.04% | 15.35x | $10.31 Billion |
| Vietnam Export Import Commercial Joint Stock Bank (EIB) | $22.44 Trillion | 9.65% | 7.97x | $1.54 Billion |
| Ho Chi Minh City Development Joint Stock Commercial Bank (HDB) | $30.79 Trillion | 19.66% | 11.17x | $5.06 Billion |
| Military Commercial Joint Stock Bank (MBB) | $62.49 Trillion | 20.32% | 8.72x | $7.97 Billion |
| Sai Gon Ha Noi Commercial Joint Stock Bank (SHB) | $50.10 Trillion | 14.62% | 11.59x | $2.58 Billion |
| Sai Gon Thuong Tin Commercial Joint Stock Bank (STB) | $34.26 Trillion | 9.96% | 14.21x | $4.83 Billion |
| Vietnam Technological And Commercial Joint Stock Bank (TCB) | $113.42 Trillion | 18.70% | 5.16x | $9.11 Billion |
About Lien Viet Post Joint Stock Commercial Bank
Fortune Vietnam Joint Stock Commercial Bank provides banking products and services in Vietnam. The company offers current and dual accounts; savings account; and loans, including short-term loans for production and business or installment, home, project housing, home construction and renovation, car, unsecured and secured consumer, agricultural and rural development, investment and development of… Read more