PetroVietnam Transportation Corp
PetroVietnam Transportation Corporation, together with its subsidiaries, engages in maritime transportation services to the oil and gas industry in Vietnam and internationally. It operates through four segments: Transportation Services, Oilfields Services, Trading Services, and Other Services. The Transportation Services segment supplies transportation by transport vehicles, including shipping of… Read more
PetroVietnam Transportation Corp (PVT) - Net Assets
Latest net assets as of December 2025: ₫11.49 Trillion VND
Based on the latest financial reports, PetroVietnam Transportation Corp (PVT) has net assets worth ₫11.49 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 (₫22.31 Trillion) and total liabilities (₫10.82 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 | ₫11.49 Trillion |
| % of Total Assets | 51.5% |
| Annual Growth Rate | 12.42% |
| 5-Year Change | 65.02% |
| 10-Year Change | N/A |
| Growth Volatility | 2.15 |
PetroVietnam Transportation Corp - Net Assets Trend (2019–2025)
This chart illustrates how PetroVietnam Transportation 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 Transportation Corp (2019–2025)
The table below shows the annual net assets of PetroVietnam Transportation Corp from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫11.49 Trillion | +10.58% |
| 2024-12-31 | ₫10.39 Trillion | +15.08% |
| 2023-12-31 | ₫9.03 Trillion | +12.68% |
| 2022-12-31 | ₫8.01 Trillion | +15.09% |
| 2021-12-31 | ₫6.96 Trillion | +11.95% |
| 2020-12-31 | ₫6.22 Trillion | +9.30% |
| 2019-12-31 | ₫5.69 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PetroVietnam Transportation 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 decreased by 4.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫1.45 Trillion | 16.76% |
| Other Components | ₫7.22 Trillion | 83.24% |
| Total Equity | ₫8.67 Trillion | 100.00% |
PetroVietnam Transportation Corp Competitors by Market Cap
The table below lists competitors of PetroVietnam Transportation Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
T-Robotics.Co.Ltd
KQ:117730
|
$210.01 Million |
|
Lafang China
SHG:603630
|
$210.02 Million |
|
Addiko Bank AG
PINK:ADBKF
|
$210.07 Million |
|
Karnell Group AB (publ)
F:O4X
|
$210.10 Million |
|
Filtronic plc
PINK:FLTCF
|
$209.93 Million |
|
Grupa Azoty S.A.
WAR:ATT
|
$209.91 Million |
|
Bestlink Tech Co Ltd
SHG:603206
|
$209.80 Million |
|
ACCOLADE INC. DL-0001
F:4NE1
|
$209.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PetroVietnam Transportation Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,720,278,790,343 to 8,674,662,769,620, a change of 954,383,979,277 (12.4%).
- Net income of 1,038,408,103,090 contributed positively to equity growth.
- Dividend payments of 165,713,217,295 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫1.04 Trillion | +11.97% |
| Dividends Paid | ₫165.71 Billion | -1.91% |
| Other Changes | ₫81.69 Billion | +0.94% |
| Total Change | ₫- | 12.36% |
Book Value vs Market Value Analysis
This analysis compares PetroVietnam Transportation 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: 1.26x
- 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 1.71x to 1.26x 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 | ₫13536.58 | ₫23200.00 | x |
| 2020-12-31 | ₫14948.65 | ₫23200.00 | x |
| 2021-12-31 | ₫16050.81 | ₫23200.00 | x |
| 2022-12-31 | ₫18545.59 | ₫23200.00 | x |
| 2023-12-31 | ₫21043.54 | ₫23200.00 | x |
| 2024-12-31 | ₫21685.41 | ₫23200.00 | x |
| 2025-12-31 | ₫18459.43 | ₫23200.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PetroVietnam Transportation 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): 11.97%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.47%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 2.57x
- Recent ROE (11.97%) is below the historical average (13.85%), 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 | 15.74% | 8.89% | 0.71x | 2.51x | ₫251.49 Billion |
| 2020 | 13.84% | 9.07% | 0.67x | 2.29x | ₫185.67 Billion |
| 2021 | 12.70% | 8.84% | 0.60x | 2.40x | ₫140.27 Billion |
| 2022 | 14.28% | 9.48% | 0.63x | 2.37x | ₫257.11 Billion |
| 2023 | 14.28% | 10.18% | 0.55x | 2.57x | ₫291.37 Billion |
| 2024 | 14.16% | 9.32% | 0.59x | 2.58x | ₫321.21 Billion |
| 2025 | 11.97% | 6.47% | 0.72x | 2.57x | ₫170.94 Billion |
Industry Comparison
This section compares PetroVietnam Transportation Corp's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $2,996,426,966,258
- Average return on equity (ROE) among peers: 16.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PetroVietnam Transportation Corp (PVT) | ₫11.49 Trillion | 15.74% | 0.94x | $210.01 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 |
| Dong Nai Port JSC (PDN) | $1.49 Trillion | 29.39% | 0.24x | $235.10 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 |