Petrovietnam Low Pressure Gas Distribution JSC
PetroVietNam Low Pressure Gas Distribution Joint Stock Company engages in the distribution of natural gas to households and zones in Vietnam. The company offers low pressure and re-gasified gas from liquefied natural gas products. It also provides technical services, including consulting, design, installation, inspection, supervision, and maintenance and repair. The company was formerly known as … Read more
Petrovietnam Low Pressure Gas Distribution JSC (PGD) - Net Assets
Latest net assets as of December 2025: ₫1.48 Trillion VND
Based on the latest financial reports, Petrovietnam Low Pressure Gas Distribution JSC (PGD) has net assets worth ₫1.48 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 (₫3.57 Trillion) and total liabilities (₫2.10 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 | ₫1.48 Trillion |
| % of Total Assets | 41.27% |
| Annual Growth Rate | 1.31% |
| 5-Year Change | 6.66% |
| 10-Year Change | N/A |
| Growth Volatility | 6.96 |
Petrovietnam Low Pressure Gas Distribution JSC - Net Assets Trend (2019–2025)
This chart illustrates how Petrovietnam Low Pressure Gas Distribution 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 Low Pressure Gas Distribution JSC (2019–2025)
The table below shows the annual net assets of Petrovietnam Low Pressure Gas Distribution JSC from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫1.48 Trillion | -0.14% |
| 2024-12-31 | ₫1.48 Trillion | +5.42% |
| 2023-12-31 | ₫1.40 Trillion | -9.88% |
| 2022-12-31 | ₫1.56 Trillion | +12.42% |
| 2021-12-31 | ₫1.38 Trillion | +4.12% |
| 2020-12-31 | ₫1.33 Trillion | -2.65% |
| 2019-12-31 | ₫1.36 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Petrovietnam Low Pressure Gas Distribution 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 49.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫230.15 Billion | 15.60% |
| Other Components | ₫1.25 Trillion | 84.40% |
| Total Equity | ₫1.48 Trillion | 100.00% |
Petrovietnam Low Pressure Gas Distribution JSC Competitors by Market Cap
The table below lists competitors of Petrovietnam Low Pressure Gas Distribution JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Daewon Cable Co. Ltd. Preference Shares
KO:006345
|
$70.84 Million |
|
Dafeng TV Ltd
TW:6184
|
$70.87 Million |
|
C&G Hi Tech Co.Ltd
KQ:264660
|
$70.89 Million |
|
Sanara Medtech Inc
NASDAQ:SMTI
|
$70.93 Million |
|
ADF Group Inc
PINK:ADFJF
|
$70.84 Million |
|
Princeton Technology Corporation
TWO:6129
|
$70.82 Million |
|
Westbury Bancorp Inc
PINK:WBBW
|
$70.80 Million |
|
Icelandic Salmon As
OL:ISLAX
|
$70.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Petrovietnam Low Pressure Gas Distribution JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,477,533,436,155 to 1,475,484,924,451, a change of -2,048,511,704 (-0.1%).
- Net income of 168,351,277,967 contributed positively to equity growth.
- Dividend payments of 148,495,966,500 reduced retained earnings.
- Other factors decreased equity by 21,903,823,171.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫168.35 Billion | +11.41% |
| Dividends Paid | ₫148.50 Billion | -10.06% |
| Other Changes | ₫-21.90 Billion | -1.48% |
| Total Change | ₫- | -0.14% |
Book Value vs Market Value Analysis
This analysis compares Petrovietnam Low Pressure Gas Distribution 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: 1.63x
- 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 1.76x to 1.63x 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 | ₫13786.12 | ₫24250.00 | x |
| 2020-12-31 | ₫13420.56 | ₫24250.00 | x |
| 2021-12-31 | ₫13974.12 | ₫24250.00 | x |
| 2022-12-31 | ₫15709.60 | ₫24250.00 | x |
| 2023-12-31 | ₫14157.14 | ₫24250.00 | x |
| 2024-12-31 | ₫14924.99 | ₫24250.00 | x |
| 2025-12-31 | ₫14904.29 | ₫24250.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Petrovietnam Low Pressure Gas Distribution 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): 11.41%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.47%
- • Asset Turnover: 3.20x
- • Equity Multiplier: 2.42x
- Recent ROE (11.41%) is below the historical average (17.79%), 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 | 17.13% | 2.93% | 2.70x | 2.17x | ₫97.25 Billion |
| 2020 | 15.27% | 2.70% | 2.30x | 2.46x | ₫70.05 Billion |
| 2021 | 18.36% | 2.82% | 2.69x | 2.42x | ₫115.68 Billion |
| 2022 | 26.54% | 3.66% | 3.12x | 2.32x | ₫257.19 Billion |
| 2023 | 18.96% | 2.69% | 2.94x | 2.40x | ₫125.64 Billion |
| 2024 | 16.86% | 2.28% | 2.90x | 2.55x | ₫101.42 Billion |
| 2025 | 11.41% | 1.47% | 3.20x | 2.42x | ₫20.80 Billion |
Industry Comparison
This section compares Petrovietnam Low Pressure Gas Distribution JSC's net assets metrics with peer companies in the Oil & Gas Integrated industry.
Industry Context
- Industry: Oil & Gas Integrated
- Average net assets among peers: $67,653,389,117,936
- Average return on equity (ROE) among peers: 16.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Petrovietnam Low Pressure Gas Distribution JSC (PGD) | ₫1.48 Trillion | 17.13% | 1.42x | $70.84 Million |
| Petrovietnam Gas JSC (GAS) | $67.65 Trillion | 16.87% | 0.38x | $347.04 Million |