Nam Long Investment Corp
Nam Long Investment Corporation engages in the real estate business in Vietnam. The company is involved in the civil and industrial construction; housing renovation and interior decoration; construction and renovation of houses for sale or lease; harbour and road bridge construction; ground levelling and construction of drainage systems; installation and repair of electrical systems under 35KV; h… Read more
Nam Long Investment Corp (NLG) - Net Assets
Latest net assets as of June 2025: ₫14.22 Trillion VND
Based on the latest financial reports, Nam Long Investment Corp (NLG) has net assets worth ₫14.22 Trillion VND as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₫28.21 Trillion) and total liabilities (₫14.00 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 | ₫14.22 Trillion |
| % of Total Assets | 50.4% |
| Annual Growth Rate | 18.62% |
| 5-Year Change | 116.75% |
| 10-Year Change | N/A |
| Growth Volatility | 39.09 |
Nam Long Investment Corp - Net Assets Trend (2019–2024)
This chart illustrates how Nam Long Investment Corp'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 Long Investment Corp (2019–2024)
The table below shows the annual net assets of Nam Long Investment Corp from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₫14.57 Trillion | +7.64% |
| 2023-12-31 | ₫13.53 Trillion | +1.63% |
| 2022-12-31 | ₫13.32 Trillion | -1.57% |
| 2021-12-31 | ₫13.53 Trillion | +101.29% |
| 2020-12-31 | ₫6.72 Trillion | +8.39% |
| 2019-12-31 | ₫6.20 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nam Long Investment Corp'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 71.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫3.17 Trillion | 32.73% |
| Other Components | ₫6.51 Trillion | 67.27% |
| Total Equity | ₫9.67 Trillion | 100.00% |
Nam Long Investment Corp Competitors by Market Cap
The table below lists competitors of Nam Long Investment Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CSB Bank Limited
NSE:CSBBANK
|
$423.30 Million |
|
ICHOR HLDGS LTD DL-0001
F:4IH
|
$423.53 Million |
|
Beken Corp
SHG:603068
|
$423.58 Million |
|
Surya Esa Perkasa Tbk
JK:ESSA
|
$423.63 Million |
|
FLUSHING FINL DL-01
F:FL8
|
$422.96 Million |
|
Zhejiang Shengyang Science
SHG:603703
|
$422.86 Million |
|
BETTER COLLECTIVE EO-01
F:9C8
|
$422.83 Million |
|
Alphamin Res
V:AFM
|
$422.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nam Long Investment Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,383,215,667,765 to 9,672,450,074,253, a change of 289,234,406,488 (3.1%).
- Net income of 517,894,708,641 contributed positively to equity growth.
- Dividend payments of 194,402,189,963 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫517.89 Billion | +5.35% |
| Dividends Paid | ₫194.40 Billion | -2.01% |
| Other Changes | ₫-34.26 Billion | -0.35% |
| Total Change | ₫- | 3.08% |
Book Value vs Market Value Analysis
This analysis compares Nam Long Investment Corp'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: 1.10x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.60x to 1.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ₫17338.37 | ₫27700.00 | x |
| 2020-12-31 | ₫19159.55 | ₫27700.00 | x |
| 2021-12-31 | ₫23318.13 | ₫27700.00 | x |
| 2022-12-31 | ₫23406.59 | ₫27700.00 | x |
| 2023-12-31 | ₫24386.08 | ₫27700.00 | x |
| 2024-12-31 | ₫25137.78 | ₫27700.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nam Long Investment Corp 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): 5.35%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.20%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 3.13x
- Recent ROE (5.35%) is below the historical average (10.43%), 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 | 19.00% | 37.73% | 0.23x | 2.16x | ₫455.08 Billion |
| 2020 | 14.90% | 37.66% | 0.16x | 2.43x | ₫274.57 Billion |
| 2021 | 11.99% | 20.57% | 0.22x | 2.64x | ₫177.88 Billion |
| 2022 | 6.19% | 12.82% | 0.16x | 3.01x | ₫-342.73 Billion |
| 2023 | 5.16% | 15.21% | 0.11x | 3.05x | ₫-454.59 Billion |
| 2024 | 5.35% | 7.20% | 0.24x | 3.13x | ₫-449.35 Billion |
Industry Comparison
This section compares Nam Long Investment Corp's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $33,970,461,351,341
- Average return on equity (ROE) among peers: 7.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nam Long Investment Corp (NLG) | ₫14.22 Trillion | 19.00% | 0.98x | $423.13 Million |
| Development Investment Construction JSC (DIG) | $10.03 Trillion | 6.46% | 0.90x | $369.49 Million |
| Dat Xanh Real Estate Service JSC (DXS) | $7.76 Trillion | 6.94% | 0.95x | $2.25K |
| Ba Ria Vung Tau House Development JSC (HDC) | $2.27 Trillion | 2.91% | 1.15x | $95.46 Million |
| Ha Do Group JSC (HDG) | $3.28 Trillion | 28.40% | 3.23x | $217.13 Million |
| Khang Dien House Trading and Investment JSC (KDH) | $15.52 Trillion | 4.61% | 0.71x | $991.00 Million |
| Khai Hoan Land Group JSC (KHG) | $5.22 Trillion | 1.05% | 0.26x | $51.27 Million |
| Kosy JSC (KOS) | $2.32 Trillion | 0.92% | 1.09x | $294.24 Million |
| Phat Dat Real Estate Development Corp (PDR) | $11.42 Trillion | 1.36% | 1.11x | $372.71 Million |
| Vinhomes JSC (VHM) | $247.91 Trillion | 16.58% | 2.17x | $4.37 Billion |