Ocean Group JSC
Ocean Group Joint Stock Company, together with its subsidiaries, engages in real estate businesses. It also involves in real estate trading; and floor and commercial center business. The company was founded in 2007 and is based in Hanoi, Vietnam.
Ocean Group JSC (OGC) - Net Assets
Latest net assets as of December 2025: ₫1.92 Trillion VND
Based on the latest financial reports, Ocean Group JSC (OGC) has net assets worth ₫1.92 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 (₫4.47 Trillion) and total liabilities (₫2.55 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 | ₫1.92 Trillion |
| % of Total Assets | 43.0% |
| Annual Growth Rate | 16.69% |
| 5-Year Change | 89.51% |
| 10-Year Change | N/A |
| Growth Volatility | 26.8 |
Ocean Group JSC - Net Assets Trend (2019–2025)
This chart illustrates how Ocean 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 Ocean Group JSC (2019–2025)
The table below shows the annual net assets of Ocean Group JSC from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫1.92 Trillion | +10.75% |
| 2024-12-31 | ₫1.73 Trillion | +11.43% |
| 2023-12-31 | ₫1.56 Trillion | +46.41% |
| 2022-12-31 | ₫1.06 Trillion | +4.89% |
| 2021-12-31 | ₫1.01 Trillion | -17.89% |
| 2020-12-31 | ₫1.23 Trillion | +62.32% |
| 2019-12-31 | ₫760.80 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ocean 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 grown by 36443689666600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₫3.13 Trillion | 415.87% |
| Total Equity | ₫751.80 Billion | 100.00% |
Ocean Group JSC Competitors by Market Cap
The table below lists competitors of Ocean Group JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Carbon Transition ASA
LSE:0RU7
|
$28.89 Million |
|
Elite Naturel Organik Gida Sanayi ve Ticaret AS
IS:ELITE
|
$28.89 Million |
|
MICROLISE GROUP LS-001
F:2DI
|
$28.90 Million |
|
HAMMONIA Schiffsholding AG
HM:HHX
|
$28.90 Million |
|
BAJAJINDEF
NSE:BAJAJINDEF
|
$28.89 Million |
|
Kingsrose Mining Limited
PINK:KRMMF
|
$28.88 Million |
|
Yellow Balloon Tour Co. Ltd
KQ:104620
|
$28.88 Million |
|
MEITAV INVESTMENTS HOUSE R1 RIGHTS
TA:MTAV
|
$28.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ocean Group JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 677,483,224,356 to 751,798,434,054, a change of 74,315,209,698 (11.0%).
- Net income of 85,041,177,527 contributed positively to equity growth.
- New share issuances of 111,359,432,520 increased equity.
- Other factors decreased equity by 122,085,400,349.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫85.04 Billion | +11.31% |
| Share Issuances | ₫111.36 Billion | +14.81% |
| Other Changes | ₫-122.09 Billion | -16.24% |
| Total Change | ₫- | 10.97% |
Book Value vs Market Value Analysis
This analysis compares Ocean 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: 1.20x
- 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 3.19x to 1.20x 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 | ₫944.69 | ₫3010.00 | x |
| 2020-12-31 | ₫1566.37 | ₫3010.00 | x |
| 2021-12-31 | ₫1350.10 | ₫3010.00 | x |
| 2022-12-31 | ₫1469.19 | ₫3010.00 | x |
| 2023-12-31 | ₫1830.91 | ₫3010.00 | x |
| 2024-12-31 | ₫2258.28 | ₫3010.00 | x |
| 2025-12-31 | ₫2505.99 | ₫3010.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ocean 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): 11.31%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.46%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 5.94x
- Recent ROE (11.31%) is below the historical average (12.36%), 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 | 26.33% | 6.17% | 0.28x | 15.04x | ₫46.28 Billion |
| 2020 | 23.69% | 12.32% | 0.24x | 8.00x | ₫64.32 Billion |
| 2021 | -18.76% | -18.56% | 0.14x | 7.24x | ₫-116.47 Billion |
| 2022 | 9.17% | 4.00% | 0.34x | 6.78x | ₫-3.64 Billion |
| 2023 | 17.13% | 9.55% | 0.21x | 8.68x | ₫39.15 Billion |
| 2024 | 17.61% | 11.85% | 0.22x | 6.65x | ₫51.55 Billion |
| 2025 | 11.31% | 7.46% | 0.26x | 5.94x | ₫9.86 Billion |
Industry Comparison
This section compares Ocean Group JSC's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $14,727,933,635,413
- Average return on equity (ROE) among peers: 8.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ocean Group JSC (OGC) | ₫1.92 Trillion | 26.33% | 1.33x | $28.89 Million |
| Bamboo Capital JSC (BCG) | $32.96 Trillion | 0.64% | 0.00x | $65.87 Million |
| Duc Long Gia Lai Group JSC (DLG) | $751.87 Billion | 27.65% | 4.78x | $979.26 |
| Masan Group Corp (MSN) | $40.75 Trillion | 4.91% | 2.62x | $3.86 Billion |
| Phu Tai JSC (PTB) | $2.81 Trillion | 9.17% | 0.89x | $87.31 Million |
| Sam Holdings Corp (SAM) | $3.47 Trillion | 2.67% | 0.63x | $98.81 Million |
| Vietnam Construction and Import Export JSC (VCG) | $7.63 Trillion | 5.17% | 3.06x | $306.22 Million |