Nam Kim Steel JSC
Nam Kim Steel Joint Stock Company engages in the manufacture and sale of steel and other products in Vietnam and internationally. It offers steel sheets, including galvanized, zinc-aluminum alloy coated, and painted aluminum zinc alloy coated sheets; and steel pipes and boxes, and shaped steel products, as well as products from rolled steel, cold rolled steel, galvanized steel, black steel tape, … Read more
Nam Kim Steel JSC (NKG) - Net Assets
Latest net assets as of December 2025: ₫7.64 Trillion VND
Based on the latest financial reports, Nam Kim Steel JSC (NKG) has net assets worth ₫7.64 Trillion VND as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₫16.49 Trillion) and total liabilities (₫8.86 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 | ₫7.64 Trillion |
| % of Total Assets | 46.29% |
| Annual Growth Rate | 16.73% |
| 5-Year Change | 33.41% |
| 10-Year Change | N/A |
| Growth Volatility | 29.15 |
Nam Kim Steel JSC - Net Assets Trend (2019–2025)
This chart illustrates how Nam Kim Steel 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 Nam Kim Steel JSC (2019–2025)
The table below shows the annual net assets of Nam Kim Steel JSC from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫7.64 Trillion | +30.05% |
| 2024-12-31 | ₫5.87 Trillion | +8.27% |
| 2023-12-31 | ₫5.42 Trillion | +1.94% |
| 2022-12-31 | ₫5.32 Trillion | -7.05% |
| 2021-12-31 | ₫5.72 Trillion | +79.92% |
| 2020-12-31 | ₫3.18 Trillion | +5.44% |
| 2019-12-31 | ₫3.02 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nam Kim Steel 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 487.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫2.32 Trillion | 30.43% |
| Other Components | ₫5.30 Trillion | 69.57% |
| Total Equity | ₫7.62 Trillion | 100.00% |
Nam Kim Steel JSC Competitors by Market Cap
The table below lists competitors of Nam Kim Steel JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rusoro Mining Ltd
PINK:RMLFF
|
$199.32 Million |
|
Unico Silver Ltd
AU:USL
|
$199.32 Million |
|
ENDOMINES FINLAND OYJ EO1
F:H13
|
$199.33 Million |
|
Guangdong Jinming Machinery Co Ltd
SHE:300281
|
$199.34 Million |
|
Shenzhen Ruihe Construction Decoration Co Ltd
SHE:002620
|
$199.27 Million |
|
TRISTEL PLC LS-01
F:R1V
|
$199.25 Million |
|
Guangdong Redwall New Materials Co Ltd
SHE:002809
|
$199.22 Million |
|
Jinling Hotel Corp Ltd
SHG:601007
|
$199.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nam Kim Steel JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,871,406,574,473 to 7,620,510,404,562, a change of 1,749,103,830,089 (29.8%).
- Net income of 197,213,409,992 contributed positively to equity growth.
- New share issuances of 1,594,384,836,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫197.21 Billion | +2.59% |
| Share Issuances | ₫1.59 Trillion | +20.92% |
| Other Changes | ₫-42.49 Billion | -0.56% |
| Total Change | ₫- | 29.79% |
Book Value vs Market Value Analysis
This analysis compares Nam Kim Steel 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: 0.83x
- 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 | ₫15411.93 | ₫14050.00 | x |
| 2022-12-31 | ₫20205.46 | ₫14050.00 | x |
| 2023-12-31 | ₫17165.25 | ₫14050.00 | x |
| 2024-12-31 | ₫18584.40 | ₫14050.00 | x |
| 2025-12-31 | ₫17026.38 | ₫14050.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nam Kim Steel 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): 2.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.33%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 2.16x
- Recent ROE (2.59%) is below the historical average (8.55%), 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 | 1.57% | 0.39% | 1.51x | 2.67x | ₫-254.35 Billion |
| 2020 | 9.28% | 2.55% | 1.49x | 2.44x | ₫-22.83 Billion |
| 2021 | 38.88% | 7.90% | 1.83x | 2.69x | ₫1.65 Trillion |
| 2022 | -2.34% | -0.54% | 1.71x | 2.53x | ₫-656.65 Billion |
| 2023 | 2.16% | 0.63% | 1.52x | 2.26x | ₫-424.90 Billion |
| 2024 | 7.72% | 2.20% | 1.52x | 2.30x | ₫-134.13 Billion |
| 2025 | 2.59% | 1.33% | 0.90x | 2.16x | ₫-564.84 Billion |
Industry Comparison
This section compares Nam Kim Steel JSC's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $32,344,033,745,882
- Average return on equity (ROE) among peers: 14.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nam Kim Steel JSC (NKG) | ₫7.64 Trillion | 1.57% | 1.16x | $199.30 Million |
| Hoa Phat Group JSC (HPG) | $59.22 Trillion | 22.71% | 1.22x | $4.79 Billion |
| Hoasen Group (HSG) | $5.47 Trillion | 6.61% | 2.15x | $293.90 Million |