Dong Nai Port JSC
Dong Nai Port Joint Stock Company engages in the seaport business in Vietnam. The company is involved in seaport operations; provision of inland container depot services; logistics services, including transportation, door-to-door delivery, and custom clearance; inland and bonded warehouse services; and agent and maritime operation services. It also provides general merchandise warehousing, loadin… Read more
Dong Nai Port JSC (PDN) - Net Assets
Latest net assets as of December 2025: ₫1.49 Trillion VND
Based on the latest financial reports, Dong Nai Port JSC (PDN) has net assets worth ₫1.49 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 (₫1.84 Trillion) and total liabilities (₫358.78 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 | ₫1.49 Trillion |
| % of Total Assets | 80.54% |
| Annual Growth Rate | 17.58% |
| 5-Year Change | 104.89% |
| 10-Year Change | N/A |
| Growth Volatility | 4.19 |
Dong Nai Port JSC - Net Assets Trend (2019–2025)
This chart illustrates how Dong Nai Port 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 Dong Nai Port JSC (2019–2025)
The table below shows the annual net assets of Dong Nai Port JSC from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫1.49 Trillion | +19.79% |
| 2024-12-31 | ₫1.24 Trillion | +23.92% |
| 2023-12-31 | ₫1.00 Trillion | +20.84% |
| 2022-12-31 | ₫827.94 Billion | +14.23% |
| 2021-12-31 | ₫724.82 Billion | +11.74% |
| 2020-12-31 | ₫648.65 Billion | +15.47% |
| 2019-12-31 | ₫561.75 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dong Nai Port 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 25.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫380.46 Billion | 25.62% |
| Other Components | ₫1.10 Trillion | 74.38% |
| Total Equity | ₫1.49 Trillion | 100.00% |
Dong Nai Port JSC Competitors by Market Cap
The table below lists competitors of Dong Nai Port JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DB Financial Investment Co Ltd
KO:016610
|
$235.18 Million |
|
Shanxi Tond Chemical Co Ltd
SHE:002360
|
$235.21 Million |
|
Aurionpro Solutions Limited
NSE:AURIONPRO
|
$235.28 Million |
|
Plover Bay Technologies Limited
PINK:PBTDF
|
$235.28 Million |
|
John Wood Group PLC
PINK:WDGJF
|
$235.02 Million |
|
Ready Capital Corp
NYSE:RC
|
$234.98 Million |
|
PCB Bancorp
NASDAQ:PCB
|
$234.96 Million |
|
Appen Ltd
AU:APX
|
$234.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dong Nai Port JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,239,724,873,198 to 1,485,074,631,648, a change of 245,349,758,450 (19.8%).
- Net income of 436,536,344,450 contributed positively to equity growth.
- Dividend payments of 166,876,516,125 reduced retained earnings.
- Other factors decreased equity by 24,310,069,875.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫436.54 Billion | +29.39% |
| Dividends Paid | ₫166.88 Billion | -11.24% |
| Other Changes | ₫-24.31 Billion | -1.64% |
| Total Change | ₫- | 19.79% |
Book Value vs Market Value Analysis
This analysis compares Dong Nai Port 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: 4.18x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 6.38x to 4.18x 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 | ₫17510.31 | ₫111800.00 | x |
| 2021-12-31 | ₫19566.55 | ₫111800.00 | x |
| 2022-12-31 | ₫22350.27 | ₫111800.00 | x |
| 2023-12-31 | ₫18004.97 | ₫111800.00 | x |
| 2024-12-31 | ₫22310.91 | ₫111800.00 | x |
| 2025-12-31 | ₫26726.41 | ₫111800.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dong Nai Port 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): 29.39%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.70%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 1.24x
- Recent ROE (29.39%) is above the historical average (26.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 24.31% | 18.42% | 0.79x | 1.66x | ₫80.40 Billion |
| 2020 | 24.58% | 20.09% | 0.78x | 1.57x | ₫94.60 Billion |
| 2021 | 22.18% | 18.01% | 0.78x | 1.58x | ₫88.30 Billion |
| 2022 | 28.29% | 21.94% | 0.86x | 1.50x | ₫151.40 Billion |
| 2023 | 29.44% | 25.24% | 0.86x | 1.36x | ₫194.53 Billion |
| 2024 | 28.01% | 25.97% | 0.86x | 1.25x | ₫223.27 Billion |
| 2025 | 29.39% | 27.70% | 0.85x | 1.24x | ₫288.03 Billion |
Industry Comparison
This section compares Dong Nai Port JSC's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $3,697,408,826,134
- Average return on equity (ROE) among peers: 13.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dong Nai Port JSC (PDN) | ₫1.49 Trillion | 24.31% | 0.24x | $235.10 Million |
| Dinhvu Port Investment Development JSC (DVP) | $1.38 Trillion | 24.03% | 0.19x | $100.63 Million |
| Gemadept Corp (GMD) | $7.04 Trillion | 8.69% | 0.52x | $1.03 Billion |
| Hai An Transport and Stevedoring JSC (HAH) | $1.90 Trillion | 23.42% | 0.70x | $269.71 Million |
| PetroVietnam Transportation Corp (PVT) | $5.69 Trillion | 12.12% | 0.93x | $210.01 Million |
| Vietnam Petroleum Transport JSC (VIP) | $1.27 Trillion | 6.82% | 0.12x | $29.50 Million |
| Vietnam Container Shipping JSC (VSC) | $4.90 Trillion | 6.87% | 0.59x | $244.32 Million |