PetroVietnam Power Nhon Trach 2 JSC (NT2) - Net Assets
Based on the latest financial reports, PetroVietnam Power Nhon Trach 2 JSC (NT2) has net assets worth ₫4.86 Trillion VND (≈ $184.63 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₫9.27 Trillion ≈ $352.33 Million USD) and total liabilities (₫4.41 Trillion ≈ $167.70 Million 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. Check financial resilience of PetroVietnam Power Nhon Trach 2 JSC to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₫4.86 Trillion |
| % of Total Assets | 52.4% |
| Annual Growth Rate | 2.49% |
| 5-Year Change | 14.78% |
| 10-Year Change | N/A |
| Growth Volatility | 8.46 |
PetroVietnam Power Nhon Trach 2 JSC - Net Assets Trend (2020–2025)
This chart illustrates how PetroVietnam Power Nhon Trach 2 JSC's net assets have evolved over time, based on quarterly financial data. Also explore total assets of PetroVietnam Power Nhon Trach 2 JSC for the complete picture of this company's asset base.
Annual Net Assets for PetroVietnam Power Nhon Trach 2 JSC (2020–2025)
The table below shows the annual net assets of PetroVietnam Power Nhon Trach 2 JSC from 2020 to 2025. For live valuation and market cap data, see NT2 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫4.86 Trillion ≈ $184.63 Million |
+16.29% |
| 2024-12-31 | ₫4.18 Trillion ≈ $158.76 Million |
-3.63% |
| 2023-12-31 | ₫4.34 Trillion ≈ $164.74 Million |
-6.03% |
| 2022-12-31 | ₫4.61 Trillion ≈ $175.30 Million |
+8.98% |
| 2021-12-31 | ₫4.23 Trillion ≈ $160.85 Million |
-1.49% |
| 2020-12-31 | ₫4.30 Trillion ≈ $163.28 Million |
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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 grown by 23.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫1.76 Trillion | 36.12% |
| Other Components | ₫3.10 Trillion | 63.88% |
| Total Equity | ₫4.86 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 |
|---|---|
|
Entravision Communications
NYSE:EVC
|
$264.74 Million |
|
Ifishdeco PT
JK:IFSH
|
$264.82 Million |
|
Sygnia Ltd
JSE:SYG
|
$264.87 Million |
|
UTI Inc
KQ:179900
|
$264.90 Million |
|
GSI Technology Inc
NASDAQ:GSIT
|
$264.67 Million |
|
Hanoi Beer Alcohol and Beverage JSC
VN:BHN
|
$264.65 Million |
|
Kepler Weber S.A
SA:KEPL3
|
$264.60 Million |
|
Ajmera Realty & Infra India Limited
NSE:AJMERA
|
$264.54 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 2024 to 2025, total equity changed from 4,178,533,865,747 to 4,859,400,869,775, a change of 680,867,004,028 (16.3%).
- Net income of 1,102,134,802,854 contributed positively to equity growth.
- Dividend payments of 431,453,249,508 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫1.10 Trillion | +22.68% |
| Dividends Paid | ₫431.45 Billion | -8.88% |
| Other Changes | ₫10.19 Billion | +0.21% |
| Total Change | ₫- | 16.29% |
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: 1.43x
- 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 1.62x to 1.43x 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 | ₫14928.43 | ₫24200.00 | x |
| 2021-12-31 | ₫14706.24 | ₫24200.00 | x |
| 2022-12-31 | ₫16027.18 | ₫24200.00 | x |
| 2023-12-31 | ₫15061.52 | ₫24200.00 | x |
| 2024-12-31 | ₫14515.05 | ₫24200.00 | x |
| 2025-12-31 | ₫16880.19 | ₫24200.00 | 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): 22.68%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.85%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 1.91x
- Recent ROE (22.68%) is above the historical average (13.12%), indicating improving 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 | 1.31% | 0.92% | 0.59x | 2.40x | ₫-363.11 Billion |
| 2025 | 22.68% | 13.85% | 0.86x | 1.91x | ₫616.19 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: $3,876,918,292,958
- Average return on equity (ROE) among peers: 7.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PetroVietnam Power Nhon Trach 2 JSC (NT2) | ₫4.86 Trillion | 14.04% | 0.91x | $264.69 Million |
| Ba Ria Thermal Power JSC (BTP) | $1.08 Trillion | 3.84% | 0.14x | $19.23 Million |
| Central Hydropower JSC (CHP) | $2.11 Trillion | 21.74% | 0.24x | $169.52 Million |
| Power Generation Corp 3 (PGV) | $14.57 Trillion | -6.03% | 2.79x | $1.02 Billion |
| Can Don Hydro Power JSC (SJD) | $1.10 Trillion | 14.04% | 0.31x | $36.70 Million |
| Viet Nam Power Development JSC (VPD) | $1.27 Trillion | 6.34% | 0.70x | $99.22 Million |
| Vinh Son Song Hinh Hydropower JSC (VSH) | $3.14 Trillion | 5.06% | 1.86x | $387.75 Million |
About 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