Vietnam National Seed Group JSC
Vietnam National Seed Group Joint Stock Company, together with its subsidiaries, engages in the research, development, and sale of crop seeds in Vietnam. The company offers crop seeds, such as rice, corn, and vegetable seeds; organic farm products, such as organic rice and fresh vegetables; and agricultural materials comprising herbicide maizine, fungicide foraxyl, and foliar fertilizer supermes,… Read more
Vietnam National Seed Group JSC (NSC) - Net Assets
Latest net assets as of December 2025: ₫1.66 Trillion VND
Based on the latest financial reports, Vietnam National Seed Group JSC (NSC) has net assets worth ₫1.66 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 (₫2.61 Trillion) and total liabilities (₫952.90 Billion). 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 | ₫1.66 Trillion |
| % of Total Assets | 63.53% |
| Annual Growth Rate | 6.64% |
| 5-Year Change | 27.23% |
| 10-Year Change | N/A |
| Growth Volatility | 1.91 |
Vietnam National Seed Group JSC - Net Assets Trend (2019–2025)
This chart illustrates how Vietnam National Seed Group 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 Vietnam National Seed Group JSC (2019–2025)
The table below shows the annual net assets of Vietnam National Seed Group JSC from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫1.66 Trillion | +9.16% |
| 2024-12-31 | ₫1.52 Trillion | +5.15% |
| 2023-12-31 | ₫1.45 Trillion | +7.02% |
| 2022-12-31 | ₫1.35 Trillion | +3.57% |
| 2021-12-31 | ₫1.30 Trillion | +8.59% |
| 2020-12-31 | ₫1.20 Trillion | +6.46% |
| 2019-12-31 | ₫1.13 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vietnam National Seed Group 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 12.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫480.15 Billion | 30.78% |
| Other Components | ₫1.08 Trillion | 69.22% |
| Total Equity | ₫1.56 Trillion | 100.00% |
Vietnam National Seed Group JSC Competitors by Market Cap
The table below lists competitors of Vietnam National Seed Group JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alcatel Lucent Teletas Telekomunikasyon AS
IS:ALCTL
|
$50.15 Million |
|
Mineros SA
TO:MSA
|
$50.15 Million |
|
MedImaging Integrated Solution Inc.
TW:6796
|
$50.16 Million |
|
Amplitech Group Inc
NASDAQ:AMPG
|
$50.17 Million |
|
CHINA KEPEI ED. DL-00001
F:9CK
|
$50.14 Million |
|
TSUKADA GLOBAL HLDGS INC.
F:TVJ
|
$50.13 Million |
|
Hankook Cosmetics Manufacturing Co Ltd
KO:003350
|
$50.11 Million |
|
Grimoldi SA
BA:GRIM
|
$50.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vietnam National Seed Group JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,426,854,733,555 to 1,560,090,754,951, a change of 133,236,021,396 (9.3%).
- Net income of 229,844,673,703 contributed positively to equity growth.
- Dividend payments of 71,681,276,600 reduced retained earnings.
- Other factors decreased equity by 24,927,375,707.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫229.84 Billion | +14.73% |
| Dividends Paid | ₫71.68 Billion | -4.59% |
| Other Changes | ₫-24.93 Billion | -1.6% |
| Total Change | ₫- | 9.34% |
Book Value vs Market Value Analysis
This analysis compares Vietnam National Seed Group 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: 0.82x
- 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.
- The price-to-book ratio has decreased from 1.22x to 0.82x 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 | ₫59910.06 | ₫73100.00 | x |
| 2020-12-31 | ₫63920.49 | ₫73100.00 | x |
| 2021-12-31 | ₫69514.84 | ₫73100.00 | x |
| 2022-12-31 | ₫71964.69 | ₫73100.00 | x |
| 2023-12-31 | ₫77178.35 | ₫73100.00 | x |
| 2024-12-31 | ₫81188.85 | ₫73100.00 | x |
| 2025-12-31 | ₫88770.06 | ₫73100.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vietnam National Seed Group 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): 14.73%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.99%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 1.67x
- Recent ROE (14.73%) is below the historical average (17.04%), 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 | 19.18% | 13.30% | 0.86x | 1.68x | ₫96.61 Billion |
| 2020 | 16.93% | 11.64% | 0.91x | 1.60x | ₫77.87 Billion |
| 2021 | 17.95% | 11.37% | 1.00x | 1.58x | ₫97.17 Billion |
| 2022 | 18.75% | 12.17% | 0.96x | 1.60x | ₫110.69 Billion |
| 2023 | 16.48% | 10.98% | 0.92x | 1.64x | ₫87.89 Billion |
| 2024 | 15.27% | 8.90% | 1.14x | 1.51x | ₫75.26 Billion |
| 2025 | 14.73% | 9.99% | 0.88x | 1.67x | ₫73.84 Billion |
Industry Comparison
This section compares Vietnam National Seed Group JSC's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $3,625,353,731,500
- Average return on equity (ROE) among peers: -1.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vietnam National Seed Group JSC (NSC) | ₫1.66 Trillion | 19.18% | 0.57x | $50.15 Million |
| Nam Viet Corp (ANV) | $2.88 Trillion | 23.38% | 0.90x | $223.17 Million |
| BAF Viet Nam Agriculture JSC (BAF) | $1.91 Trillion | 1.38% | 2.42x | $231.66 Million |
| Dabaco (DBC) | $4.64 Trillion | 0.11% | 1.80x | $292.30 Million |
| Hoang Anh Gia Lai Agricultural JSC (HNG) | $2.26 Trillion | -48.70% | 5.25x | $240.20 Million |
| PAN Group JSC (PAN) | $6.15 Trillion | 4.19% | 0.75x | $231.96 Million |
| Phuoc Hoa Rubber JSC (PHR) | $3.92 Trillion | 11.74% | 0.51x | $304.51 Million |