Saigon Beer Alcohol Beverage Corp (SAB) - Net Assets
Based on the latest financial reports, Saigon Beer Alcohol Beverage Corp (SAB) has net assets worth ₫22.87 Trillion VND (≈ $869.09 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₫33.20 Trillion ≈ $1.26 Billion USD) and total liabilities (₫10.32 Trillion ≈ $392.19 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. Check SAB asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₫22.87 Trillion |
| % of Total Assets | 68.91% |
| Annual Growth Rate | 3.6% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4.88 |
Saigon Beer Alcohol Beverage Corp - Net Assets Trend (2020–2024)
This chart illustrates how Saigon Beer Alcohol Beverage Corp's net assets have evolved over time, based on quarterly financial data. Also explore SAB total asset value for the complete picture of this company's asset base.
Annual Net Assets for Saigon Beer Alcohol Beverage Corp (2020–2024)
The table below shows the annual net assets of Saigon Beer Alcohol Beverage Corp from 2020 to 2024. For live valuation and market cap data, see Saigon Beer Alcohol Beverage Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₫24.44 Trillion ≈ $928.46 Million |
-4.11% |
| 2023-12-31 | ₫25.49 Trillion ≈ $968.28 Million |
+3.64% |
| 2022-12-31 | ₫24.59 Trillion ≈ $934.30 Million |
+8.83% |
| 2021-12-31 | ₫22.59 Trillion ≈ $858.46 Million |
+6.50% |
| 2020-12-31 | ₫21.22 Trillion ≈ $806.05 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Saigon Beer Alcohol Beverage 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 31.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫9.22 Trillion | 39.59% |
| Other Components | ₫14.06 Trillion | 60.41% |
| Total Equity | ₫23.28 Trillion | 100.00% |
Saigon Beer Alcohol Beverage Corp Competitors by Market Cap
The table below lists competitors of Saigon Beer Alcohol Beverage Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lien Hwa Industrial Corp
TW:1229
|
$2.33 Billion |
|
Societatea Energetica Electrica SA
RO:EL
|
$2.33 Billion |
|
YiDong Electronics Technology Co. Ltd.
SHE:301123
|
$2.33 Billion |
|
Suzhou K-Hiragawa Electronic Technology Co. Ltd. A
SHG:603052
|
$2.33 Billion |
|
Warby Parker Inc
NYSE:WRBY
|
$2.33 Billion |
|
Lafarge Malayan Cement Bhd
KLSE:3794
|
$2.33 Billion |
|
Dlocal Ltd
NASDAQ:DLO
|
$2.33 Billion |
|
China Enterprise Co Ltd
SHG:600675
|
$2.33 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Saigon Beer Alcohol Beverage Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,212,312,010,833 to 23,282,119,935,171, a change of -930,192,075,662 (-3.8%).
- Net income of 4,330,113,031,371 contributed positively to equity growth.
- Dividend payments of 4,658,550,227,964 reduced retained earnings.
- Other factors decreased equity by 601,754,879,069.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫4.33 Trillion | +18.6% |
| Dividends Paid | ₫4.66 Trillion | -20.01% |
| Other Changes | ₫-601.75 Billion | -2.58% |
| Total Change | ₫- | -3.84% |
Book Value vs Market Value Analysis
This analysis compares Saigon Beer Alcohol Beverage 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: 2.63x
- 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 3.07x to 2.63x 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 | ₫15547.18 | ₫47800.00 | x |
| 2021-12-31 | ₫16546.15 | ₫47800.00 | x |
| 2022-12-31 | ₫360844.74 | ₫47800.00 | x |
| 2023-12-31 | ₫377561.56 | ₫47800.00 | x |
| 2024-12-31 | ₫18152.82 | ₫47800.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Saigon Beer Alcohol Beverage 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): 18.60%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.59%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 1.44x
- Recent ROE (18.60%) is below the historical average (19.84%), 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 | 23.69% | 16.89% | 1.02x | 1.37x | ₫2.73 Trillion |
| 2021 | 17.33% | 13.94% | 0.87x | 1.44x | ₫1.56 Trillion |
| 2022 | 22.57% | 14.93% | 1.01x | 1.49x | ₫2.91 Trillion |
| 2023 | 17.01% | 13.52% | 0.89x | 1.41x | ₫1.70 Trillion |
| 2024 | 18.60% | 13.59% | 0.95x | 1.44x | ₫2.00 Trillion |
Industry Comparison
This section compares Saigon Beer Alcohol Beverage Corp's net assets metrics with peer companies in the Beverages - Brewers industry.
Industry Context
- Industry: Beverages - Brewers
- Average net assets among peers: $5,399,067,371,839
- Average return on equity (ROE) among peers: 8.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Saigon Beer Alcohol Beverage Corp (SAB) | ₫22.87 Trillion | 23.69% | 0.45x | $2.33 Billion |
| Hanoi Beer Alcohol and Beverage JSC (BHN) | $5.40 Trillion | 8.68% | 0.40x | $255.84 Million |
About Saigon Beer Alcohol Beverage Corp
Saigon Beer - Alcohol - Beverage Corporation, together with its subsidiaries, produces and sells beer, alcohol, beverages, and related products and packaging materials under the Bia Saigon, 333, and Bia Lac Vie brand names in Vietnam. The company also produces and trades in canned food and accessories; soft drinks; yeasty malt, mineral water, and bottled purified water; tin lid rings and metal pa… Read more