PetroVietnam Power Nhon Trach 2 JSC
PetroVietnam Power Nhon Trach 2 Joint Stock Company engages in the production, transmission, and distribution of electricity in Vietnam. The company manages combined cycle gas turbine power plant. It also involved in the provision of support services for transportation by waterway; warehouse and storage; road transportation; architecture and technical consultancy; professional activities, other s… Read more
PetroVietnam Power Nhon Trach 2 JSC (NT2) - Net Assets
Latest net assets as of June 2025: ₫4.29 Trillion VND
Based on the latest financial reports, PetroVietnam Power Nhon Trach 2 JSC (NT2) has net assets worth ₫4.29 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 (₫8.71 Trillion) and total liabilities (₫4.42 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 | ₫4.29 Trillion |
| % of Total Assets | 49.27% |
| Annual Growth Rate | -0.7% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.73 |
PetroVietnam Power Nhon Trach 2 JSC - Net Assets Trend (2020–2024)
This chart illustrates how PetroVietnam Power Nhon Trach 2 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 PetroVietnam Power Nhon Trach 2 JSC (2020–2024)
The table below shows the annual net assets of PetroVietnam Power Nhon Trach 2 JSC from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₫4.18 Trillion | -3.63% |
| 2023-12-31 | ₫4.34 Trillion | -6.03% |
| 2022-12-31 | ₫4.61 Trillion | +8.98% |
| 2021-12-31 | ₫4.23 Trillion | -1.49% |
| 2020-12-31 | ₫4.30 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PetroVietnam Power Nhon Trach 2 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 24.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫1.07 Trillion | 25.71% |
| Other Components | ₫3.10 Trillion | 74.29% |
| Total Equity | ₫4.18 Trillion | 100.00% |
PetroVietnam Power Nhon Trach 2 JSC Competitors by Market Cap
The table below lists competitors of PetroVietnam Power Nhon Trach 2 JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alma Media Oyj
HE:ALMA
|
$295.78 Million |
|
Newron Pharmaceuticals S.p.A.
LSE:0QOI
|
$295.80 Million |
|
PHARMANUTRA S.P.A.
F:761
|
$295.81 Million |
|
Happy Forgings Limited
NSE:HAPPYFORGE
|
$295.95 Million |
|
4iG Nyrt.
BUD:4IG
|
$295.69 Million |
|
Calbee Inc
PINK:CLBEY
|
$295.58 Million |
|
BK Technologies Inc
NYSE MKT:BKTI
|
$295.52 Million |
|
Suzhou YourBest New-type Materials Co.Ltd.
SHE:301266
|
$295.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PetroVietnam Power Nhon Trach 2 JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,335,849,370,331 to 4,178,533,865,747, a change of -157,315,504,584 (-3.6%).
- Net income of 79,493,960,390 contributed positively to equity growth.
- Dividend payments of 201,448,708,230 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫79.49 Billion | +1.9% |
| Dividends Paid | ₫201.45 Billion | -4.82% |
| Other Changes | ₫-35.36 Billion | -0.85% |
| Total Change | ₫- | -3.63% |
Book Value vs Market Value Analysis
This analysis compares PetroVietnam Power Nhon Trach 2 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: 1.79x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | ₫14928.43 | ₫25950.00 | x |
| 2021-12-31 | ₫14706.24 | ₫25950.00 | x |
| 2022-12-31 | ₫16027.18 | ₫25950.00 | x |
| 2023-12-31 | ₫15061.52 | ₫25950.00 | x |
| 2024-12-31 | ₫14515.05 | ₫25950.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PetroVietnam Power Nhon Trach 2 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): 1.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.34%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 2.40x
- Recent ROE (1.90%) is below the historical average (11.32%), 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 | 14.04% | 9.92% | 0.95x | 1.48x | ₫173.49 Billion |
| 2021 | 11.94% | 8.22% | 0.93x | 1.56x | ₫82.28 Billion |
| 2022 | 18.47% | 9.70% | 1.18x | 1.61x | ₫390.65 Billion |
| 2023 | 10.26% | 6.97% | 0.76x | 1.95x | ₫11.34 Billion |
| 2024 | 1.90% | 1.34% | 0.59x | 2.40x | ₫-338.36 Billion |
Industry Comparison
This section compares PetroVietnam Power Nhon Trach 2 JSC's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $4,649,419,270,620
- Average return on equity (ROE) among peers: 16.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PetroVietnam Power Nhon Trach 2 JSC (NT2) | ₫4.29 Trillion | 14.04% | 1.03x | $295.72 Million |
| Ba Ria Thermal Power JSC (BTP) | $1.22 Trillion | 6.62% | 0.40x | $3.14K |
| Central Hydropower JSC (CHP) | $2.00 Trillion | 25.55% | 0.63x | $174.98 Million |
| Power Generation Corp 3 (PGV) | $17.87 Trillion | 20.65% | 2.08x | $8.50 Million |
| Can Don Hydro Power JSC (SJD) | $939.62 Billion | 16.36% | 0.45x | $38.02 Million |
| Viet Nam Power Development JSC (VPD) | $1.27 Trillion | 6.34% | 0.70x | $101.81 Million |
| Vinh Son Song Hinh Hydropower JSC (VSH) | $4.59 Trillion | 21.63% | 1.07x | $380.55 Million |