Petrovietnam Power Corp
PetroVietnam Power Corporation - JSC, together with its subsidiaries, engages in the production and distribution of industrial and consumer electricity in Vietnam. The company manages and operates power plants; provides short-term and specialized training services; offers labor for operation and maintenance of industrial facilities, and power plants; installs electrical systems at construction si… Read more
Petrovietnam Power Corp (POW) - Net Assets
Latest net assets as of December 2025: ₫37.08 Trillion VND
Based on the latest financial reports, Petrovietnam Power Corp (POW) has net assets worth ₫37.08 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 (₫88.45 Trillion) and total liabilities (₫51.37 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 | ₫37.08 Trillion |
| % of Total Assets | 41.93% |
| Annual Growth Rate | 3.47% |
| 5-Year Change | 19.14% |
| 10-Year Change | N/A |
| Growth Volatility | 2.95 |
Petrovietnam Power Corp - Net Assets Trend (2020–2025)
This chart illustrates how Petrovietnam Power Corp'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 Power Corp (2020–2025)
The table below shows the annual net assets of Petrovietnam Power Corp from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫37.08 Trillion | +6.93% |
| 2024-12-31 | ₫34.68 Trillion | +1.64% |
| 2023-12-31 | ₫34.12 Trillion | +2.52% |
| 2022-12-31 | ₫33.28 Trillion | +6.93% |
| 2021-12-31 | ₫31.13 Trillion | -0.45% |
| 2020-12-31 | ₫31.27 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Petrovietnam Power Corp'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 1.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫5.15 Trillion | 14.99% |
| Other Components | ₫29.20 Trillion | 85.01% |
| Total Equity | ₫34.35 Trillion | 100.00% |
Petrovietnam Power Corp Competitors by Market Cap
The table below lists competitors of Petrovietnam Power Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Central Hydropower JSC
VN:CHP
|
$174.98 Million |
|
Polimex-Mostostal S.A.
WAR:PXM
|
$175.05 Million |
|
Jiangsu Chuanzhiboke Education Tech
SHE:003032
|
$175.05 Million |
|
Changzhou Evergreen Technology Co. Ltd. A
SHE:001324
|
$175.08 Million |
|
JS Global Lifestyle Company Limited
PINK:JGLCF
|
$174.98 Million |
|
Innate Pharma
PINK:IPHYF
|
$174.96 Million |
|
ShenZhen GAD Environmental Technology Co. Ltd.
SHE:300854
|
$174.94 Million |
|
RGC Resources Inc
NASDAQ:RGCO
|
$174.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Petrovietnam Power Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 32,009,212,022,343 to 34,349,713,242,629, a change of 2,340,501,220,286 (7.3%).
- Net income of 2,341,021,207,807 contributed positively to equity growth.
- Dividend payments of 230,732,361,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫2.34 Trillion | +6.82% |
| Dividends Paid | ₫230.73 Billion | -0.67% |
| Other Changes | ₫230.21 Billion | +0.67% |
| Total Change | ₫- | 7.31% |
Book Value vs Market Value Analysis
This analysis compares Petrovietnam Power Corp'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: 1.08x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | ₫12185.66 | ₫13300.00 | x |
| 2021-12-31 | ₫12228.61 | ₫13300.00 | x |
| 2022-12-31 | ₫13030.82 | ₫13300.00 | x |
| 2023-12-31 | ₫13414.43 | ₫13300.00 | x |
| 2024-12-31 | ₫11485.90 | ₫13300.00 | x |
| 2025-12-31 | ₫12325.77 | ₫13300.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Petrovietnam Power Corp 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): 6.82%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.85%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 2.57x
- Recent ROE (6.82%) is above the historical average (5.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 8.29% | 7.95% | 0.55x | 1.89x | ₫-488.71 Billion |
| 2021 | 6.28% | 7.32% | 0.46x | 1.85x | ₫-1.07 Trillion |
| 2022 | 6.75% | 7.30% | 0.50x | 1.86x | ₫-990.79 Billion |
| 2023 | 3.31% | 3.67% | 0.40x | 2.24x | ₫-2.10 Trillion |
| 2024 | 3.47% | 3.67% | 0.38x | 2.50x | ₫-2.09 Trillion |
| 2025 | 6.82% | 6.85% | 0.39x | 2.57x | ₫-1.09 Trillion |
Industry Comparison
This section compares Petrovietnam Power Corp's net assets metrics with peer companies in the Utilities - Independent Power Producers industry.
Industry Context
- Industry: Utilities - Independent Power Producers
- Average net assets among peers: $2,936,461,998,411
- Average return on equity (ROE) among peers: 14.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Petrovietnam Power Corp (POW) | ₫37.08 Trillion | 8.29% | 1.39x | $174.98 Million |
| Pha Lai Thermal Power JSC (PPC) | $4.47 Trillion | 3.80% | 0.17x | $107.35 Million |
| Thac Mo Hydropower JSC (TMP) | $1.40 Trillion | 25.20% | 0.42x | $21.41K |