Ocean Group JSC (OGC) - Net Assets
Based on the latest financial reports, Ocean Group JSC (OGC) has net assets worth ₫1.90 Trillion VND (≈ $72.15 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 (₫4.45 Trillion ≈ $169.04 Million USD) and total liabilities (₫2.55 Trillion ≈ $96.89 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. Also explore OGC total asset value for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₫1.90 Trillion |
| % of Total Assets | 42.68% |
| Annual Growth Rate | 16.46% |
| 5-Year Change | 87.28% |
| 10-Year Change | N/A |
| Growth Volatility | 26.88 |
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. Check tangible equity quality of Ocean Group JSC to evaluate the tangible quality of the company's equity base.
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. For live valuation and market cap data, see Ocean Group JSC (OGC) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫1.90 Trillion ≈ $72.15 Million |
+9.45% |
| 2024-12-31 | ₫1.73 Trillion ≈ $65.92 Million |
+11.43% |
| 2023-12-31 | ₫1.56 Trillion ≈ $59.16 Million |
+46.41% |
| 2022-12-31 | ₫1.06 Trillion ≈ $40.41 Million |
+4.89% |
| 2021-12-31 | ₫1.01 Trillion ≈ $38.52 Million |
-17.89% |
| 2020-12-31 | ₫1.23 Trillion ≈ $46.92 Million |
+62.32% |
| 2019-12-31 | ₫760.80 Billion ≈ $28.91 Million |
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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 35996523005700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₫3.13 Trillion | 418.40% |
| Total Equity | ₫747.22 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 |
|---|---|
|
Vikas Lifecare Limited
NSE:VIKASLIFE
|
$25.31 Million |
|
Kurniamitra Duta Sentosa Tbk
JK:KMDS
|
$25.31 Million |
|
Compania Introductora de Buenos Aires SA
BA:INTR
|
$25.32 Million |
|
ecotel communication ag
XETRA:E4C
|
$25.33 Million |
|
GREEN360 Technologies Ltd
AU:GT3
|
$25.27 Million |
|
GEE Group Inc
NYSE MKT:JOB
|
$25.27 Million |
|
JT Corporation
KQ:089790
|
$25.27 Million |
|
Excel Force MSC Bhd
KLSE:0065
|
$25.26 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 747,222,928,956, a change of 69,739,704,600 (10.3%).
- Net income of 67,112,139,369 contributed positively to equity growth.
- New share issuances of 111,360,432,520 increased equity.
- Other factors decreased equity by 108,732,867,289.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫67.11 Billion | +8.98% |
| Share Issuances | ₫111.36 Billion | +14.9% |
| Other Changes | ₫-108.73 Billion | -14.55% |
| Total Change | ₫- | 10.29% |
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: 0.89x
- 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 2.35x to 0.89x 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 | ₫2220.00 | x |
| 2020-12-31 | ₫1566.37 | ₫2220.00 | x |
| 2021-12-31 | ₫1350.10 | ₫2220.00 | x |
| 2022-12-31 | ₫1469.19 | ₫2220.00 | x |
| 2023-12-31 | ₫1830.91 | ₫2220.00 | x |
| 2024-12-31 | ₫2258.28 | ₫2220.00 | x |
| 2025-12-31 | ₫2490.74 | ₫2220.00 | 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): 8.98%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.88%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 5.95x
- Recent ROE (8.98%) is below the historical average (12.02%), 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 | 8.98% | 5.88% | 0.26x | 5.95x | ₫-7.61 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: $11,340,327,404,264
- Average return on equity (ROE) among peers: -14.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ocean Group JSC (OGC) | ₫1.90 Trillion | 26.33% | 1.34x | $25.30 Million |
| Bamboo Capital JSC (BCG) | $-15.00 | 0.00% | 0.00x | $84.61 Million |
| Duc Long Gia Lai Group JSC (DLG) | $1.11 Trillion | -109.95% | 4.06x | $25.81 Million |
| Masan Group Corp (MSN) | $51.89 Trillion | 10.71% | 0.88x | $3.69 Billion |
| Phu Tai JSC (PTB) | $2.81 Trillion | 9.17% | 0.89x | $127.80 Million |
| Sam Holdings Corp (SAM) | $4.61 Trillion | 0.40% | 0.43x | $83.87 Million |
| Vietnam Construction and Import Export JSC (VCG) | $7.63 Trillion | 5.17% | 3.06x | $419.12 Million |
About Ocean Group JSC
Ocean Group Joint Stock Company, together with its subsidiaries, engages in real estate businesses. It is also involved in real estate trading; office leasing; and commercial center business. The company was founded in 2007 and is headquartered in Hanoi, Vietnam.