Thanh Thanh Cong Tay Ninh JSC Net Assets
Thanh Thanh Cong Tay Ninh JSC net assets. Based on the latest financial reports, Thanh Thanh Cong Tay Ninh JSC (SBT) has net assets worth ₫12.41 Trillion VND (≈ $471.46 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₫38.67 Trillion ≈ $1.47 Billion USD) and total liabilities (₫26.26 Trillion ≈ $997.85 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 Thanh Thanh Cong Tay Ninh JSC balance sheet quality to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₫12.41 Trillion |
| % of Total Assets | 32.09% |
| Annual Growth Rate | 7.26% |
| 5-Year Change | 31.71% |
| 10-Year Change | N/A |
| Growth Volatility | 6.38 |
Net Assets of Thanh Thanh Cong Tay Ninh JSC (2020–2025)
Net assets of Thanh Thanh Cong Tay Ninh JSC from 2020 to 2025. This chart illustrates how Thanh Thanh Cong Tay Ninh JSC's net assets have evolved over time, based on quarterly financial data. Also explore Thanh Thanh Cong Tay Ninh JSC equity growth rate to track the company's year-over-year net asset growth rate.
Annual Net Assets for Thanh Thanh Cong Tay Ninh JSC (2020–2025)
The table below shows the annual net assets of Thanh Thanh Cong Tay Ninh JSC from 2020 to 2025. For live market cap and overall valuation, see SBT market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | ₫10.85 Trillion ≈ $412.26 Million |
-2.63% |
| 2024-06-30 | ₫11.14 Trillion ≈ $423.41 Million |
+6.10% |
| 2023-06-30 | ₫10.50 Trillion ≈ $399.07 Million |
+8.63% |
| 2022-06-30 | ₫9.67 Trillion ≈ $367.36 Million |
+17.36% |
| 2021-06-30 | ₫8.24 Trillion ≈ $313.01 Million |
+7.80% |
| 2020-06-30 | ₫7.64 Trillion ≈ $290.36 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Thanh Thanh Cong Tay Ninh 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 grown by 250.0% over the analyzed period, indicating profitable operations and earnings retention.
Thanh Thanh Cong Tay Ninh JSC Net Assets Breakdown (June 2025)
Thanh Thanh Cong Tay Ninh JSC net assets breakdown by equity component as of June 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫1.05 Trillion | 9.80% |
| Other Components | ₫9.64 Trillion | 90.20% |
| Total Equity | ₫10.69 Trillion | 100.00% |
Thanh Thanh Cong Tay Ninh JSC Competitors by Market Cap
The table below lists competitors of Thanh Thanh Cong Tay Ninh JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hainan Shennong Technology Co Ltd
SHE:300189
|
$713.25 Million |
|
Coronation Fund Managers Ltd
JSE:CML
|
$713.43 Million |
|
Citic Press Corp
SHE:300788
|
$713.71 Million |
|
Shandong Link Science and Technology Co Ltd
SHE:001207
|
$713.73 Million |
|
HJ ShipBuilding & Construction Co Ltd
KO:097230
|
$712.84 Million |
|
Gold Royalty Corp.
NYSE MKT:GROY
|
$712.61 Million |
|
Washington Trust Bancorp Inc
NASDAQ:WASH
|
$712.43 Million |
|
Stadio Holdings Ltd
JSE:SDO
|
$712.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Thanh Thanh Cong Tay Ninh JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,197,582,971,740 to 10,687,904,115,119, a change of 490,321,143,379 (4.8%).
- Net income of 812,495,221,190 contributed positively to equity growth.
- Dividend payments of 73,917,455,695 reduced retained earnings.
- Other factors decreased equity by 248,256,622,116.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫812.50 Billion | +7.6% |
| Dividends Paid | ₫73.92 Billion | -0.69% |
| Other Changes | ₫-248.26 Billion | -2.32% |
| Total Change | ₫- | 4.81% |
Book Value vs Market Value Analysis
This analysis compares Thanh Thanh Cong Tay Ninh 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: 1.67x
- 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 1.91x to 1.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-06-30 | ₫10831.25 | ₫20700.00 | x |
| 2021-06-30 | ₫11265.25 | ₫20700.00 | x |
| 2022-06-30 | ₫11910.43 | ₫20700.00 | x |
| 2023-06-30 | ₫12727.50 | ₫20700.00 | x |
| 2024-06-30 | ₫13771.19 | ₫20700.00 | x |
| 2025-06-30 | ₫12378.60 | ₫20700.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Thanh Thanh Cong Tay Ninh 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): 7.60%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.85%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 3.06x
- Recent ROE (7.60%) is above the historical average (7.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 4.87% | 2.83% | 0.72x | 2.40x | ₫-383.74 Billion |
| 2021 | 7.88% | 4.32% | 0.73x | 2.50x | ₫-173.26 Billion |
| 2022 | 9.92% | 4.77% | 0.66x | 3.14x | ₫-7.34 Billion |
| 2023 | 5.70% | 2.17% | 0.83x | 3.18x | ₫-405.26 Billion |
| 2024 | 7.33% | 2.58% | 0.85x | 3.34x | ₫-271.82 Billion |
| 2025 | 7.60% | 2.85% | 0.87x | 3.06x | ₫-256.30 Billion |
Industry Comparison
This section compares Thanh Thanh Cong Tay Ninh JSC's net assets metrics with peer companies in the Confectioners industry.
Industry Context
- Industry: Confectioners
- Average net assets among peers: $4,579,764,445,394
- Average return on equity (ROE) among peers: 5.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Thanh Thanh Cong Tay Ninh JSC (SBT) | ₫12.41 Trillion | 4.87% | 2.12x | $712.88 Million |
| Bibica Corp (BBC) | $1.00 Trillion | 9.51% | 0.56x | $69.11 Million |
| Kido Group Corp (KDC) | $8.16 Trillion | 0.72% | 0.46x | $552.75 Million |
About Thanh Thanh Cong Tay Ninh JSC
Thanh Thanh Cong - Bien Hoa Joint Stock Company, together with its subsidiaries, engages in the production and sale of in sugar and its by-products in Vietnam and internationally. The company is also involved in the production, transmission, and distribution of electricity; planting sugarcane and industrial crops; producing and trading fertilizers and agricultural materials; production of alcohol… Read more