Phu Tai JSC Net Assets
Phu Tai JSC net assets. Based on the latest financial reports, Phu Tai JSC (PTB) has net assets worth ₫3.70 Trillion VND (≈ $140.56 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₫6.74 Trillion ≈ $256.04 Million USD) and total liabilities (₫3.04 Trillion ≈ $115.47 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. See PTB equity financing ratio to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₫3.70 Trillion |
| % of Total Assets | 54.9% |
| Annual Growth Rate | 10.96% |
| 5-Year Change | 40.02% |
| 10-Year Change | N/A |
| Growth Volatility | 6.29 |
Net Assets of Phu Tai JSC (2020–2025)
Net assets of Phu Tai JSC from 2020 to 2025. This chart illustrates how Phu Tai JSC's net assets have evolved over time, based on quarterly financial data. Also explore net asset growth rate of Phu Tai JSC to track the company's year-over-year net asset growth rate.
Annual Net Assets for Phu Tai JSC (2020–2025)
The table below shows the annual net assets of Phu Tai JSC from 2020 to 2025. For live market cap and overall valuation, see PTB market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫3.35 Trillion ≈ $127.20 Million |
+10.37% |
| 2024-12-31 | ₫3.03 Trillion ≈ $115.25 Million |
+7.92% |
| 2023-12-31 | ₫2.81 Trillion ≈ $106.79 Million |
+1.80% |
| 2022-12-31 | ₫2.76 Trillion ≈ $104.91 Million |
+15.49% |
| 2021-12-31 | ₫2.39 Trillion ≈ $90.84 Million |
+20.11% |
| 2020-12-31 | ₫1.99 Trillion ≈ $75.63 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Phu Tai 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 45.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Phu Tai JSC Net Assets Breakdown (December 2025)
Phu Tai JSC net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫771.63 Billion | 24.07% |
| Other Components | ₫2.43 Trillion | 75.93% |
| Total Equity | ₫3.21 Trillion | 100.00% |
Phu Tai JSC Competitors by Market Cap
The table below lists competitors of Phu Tai JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Magyar Bancorp Inc
NASDAQ:MGYR
|
$114.47 Million |
|
Optiscan Imaging Ltd
AU:OIL
|
$114.52 Million |
|
CONDOR ENERGIES INC.
F:WQ6
|
$114.53 Million |
|
Sajo Seafood
KO:014710
|
$114.59 Million |
|
PT Satu Visi Putra Tbk
JK:VISI
|
$114.42 Million |
|
Master Drilling Group Ltd
JSE:MDI
|
$114.40 Million |
|
China Electric Manufacturing Corp
TW:1611
|
$114.39 Million |
|
Besiktas Futbol Yatirimlari Sanayi ve Ticaret AS
IS:BJKAS
|
$114.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Phu Tai JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,903,758,397,448 to 3,206,060,910,642, a change of 302,302,513,194 (10.4%).
- Net income of 497,279,636,654 contributed positively to equity growth.
- Dividend payments of 172,069,356,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫497.28 Billion | +15.51% |
| Dividends Paid | ₫172.07 Billion | -5.37% |
| Other Changes | ₫-22.91 Billion | -0.71% |
| Total Change | ₫- | 10.41% |
Book Value vs Market Value Analysis
This analysis compares Phu Tai 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: 0.72x
- 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 1.06x to 0.72x 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 | ₫28262.73 | ₫30000.00 | x |
| 2021-12-31 | ₫34109.85 | ₫30000.00 | x |
| 2023-12-31 | ₫41196.51 | ₫30000.00 | x |
| 2024-12-31 | ₫43379.56 | ₫30000.00 | x |
| 2025-12-31 | ₫41795.03 | ₫30000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Phu Tai 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): 15.51%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.81%
- • Asset Turnover: 1.14x
- • Equity Multiplier: 2.00x
- Recent ROE (15.51%) is below the historical average (16.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 18.64% | 6.40% | 1.17x | 2.48x | ₫166.21 Billion |
| 2021 | 22.06% | 7.88% | 1.20x | 2.34x | ₫279.77 Billion |
| 2022 | 18.13% | 7.08% | 1.31x | 1.95x | ₫218.57 Billion |
| 2023 | 9.35% | 4.59% | 1.06x | 1.92x | ₫-18.00 Billion |
| 2024 | 12.70% | 5.70% | 1.18x | 1.89x | ₫78.29 Billion |
| 2025 | 15.51% | 6.81% | 1.14x | 2.00x | ₫176.67 Billion |
Industry Comparison
This section compares Phu Tai JSC's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $20,128,613,470,492
- Average return on equity (ROE) among peers: -2.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Phu Tai JSC (PTB) | ₫3.70 Trillion | 18.64% | 0.82x | $114.45 Million |
| Bamboo Capital JSC (BCG) | $55.58 Trillion | 1.10% | 0.00x | $84.61 Million |
| Duc Long Gia Lai Group JSC (DLG) | $2.51 Trillion | -36.17% | 2.28x | $21.49 Million |
| Masan Group Corp (MSN) | $36.64 Trillion | 9.74% | 2.86x | $3.85 Billion |
| Ocean Group JSC (OGC) | $1.23 Trillion | 9.01% | 2.05x | $25.19 Million |
| Sam Holdings Corp (SAM) | $4.68 Trillion | 1.80% | 0.36x | $88.78 Million |
About Phu Tai JSC
Phu Tai Joint Stock Company engages in the manufacture and trade of stone and wood products in Vietnam and internationally. The company offers natural stone products, including cut-to-size, crushed and screened stone, imported granite, Vietnamese granite, imported marble, and tombstone; and calacatta, classical, and marble artificial stones. It is also involved in car distribution; real estate in… Read more