Saigon Thuong Tin Real Estate JSC
Sai Gon Thuong Tin Real Estate Joint Stock Company engages in the real estate business in Vietnam. It trades in real estate land use rights belonging to owners; and invests in construction of infrastructure of industrial parks and residential areas. The company also engages in housing business; leasing warehouses and offices; financial service support activities; and consulting, brokerage, real e… Read more
Saigon Thuong Tin Real Estate JSC (SCR) - Net Assets
Latest net assets as of December 2025: ₫5.36 Trillion VND
Based on the latest financial reports, Saigon Thuong Tin Real Estate JSC (SCR) has net assets worth ₫5.36 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 (₫12.91 Trillion) and total liabilities (₫7.55 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 | ₫5.36 Trillion |
| % of Total Assets | 41.49% |
| Annual Growth Rate | 2.07% |
| 5-Year Change | 6.45% |
| 10-Year Change | N/A |
| Growth Volatility | 2.65 |
Saigon Thuong Tin Real Estate JSC - Net Assets Trend (2019–2025)
This chart illustrates how Saigon Thuong Tin Real Estate JSC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Saigon Thuong Tin Real Estate JSC (2019–2025)
The table below shows the annual net assets of Saigon Thuong Tin Real Estate JSC from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫5.36 Trillion | -1.97% |
| 2024-12-31 | ₫5.47 Trillion | +6.63% |
| 2023-12-31 | ₫5.13 Trillion | +1.13% |
| 2022-12-31 | ₫5.07 Trillion | +0.70% |
| 2021-12-31 | ₫5.03 Trillion | +2.89% |
| 2020-12-31 | ₫4.89 Trillion | +3.25% |
| 2019-12-31 | ₫4.74 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Saigon Thuong Tin Real Estate 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 39.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫469.60 Billion | 8.88% |
| Other Components | ₫4.82 Trillion | 91.12% |
| Total Equity | ₫5.29 Trillion | 100.00% |
Saigon Thuong Tin Real Estate JSC Competitors by Market Cap
The table below lists competitors of Saigon Thuong Tin Real Estate JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grupo Ecoener S.A.
MC:ENER
|
$65.46 Million |
|
GnBS Engineering Co. Ltd.
KQ:382800
|
$65.47 Million |
|
Shriram Properties Limited
NSE:SHRIRAMPPS
|
$65.47 Million |
|
Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS
IS:IPEKE
|
$65.49 Million |
|
Enea AB (publ)
F:EED5
|
$65.43 Million |
|
Pensana Plc
PINK:PNSPF
|
$65.43 Million |
|
Apex Biotechnology Corp
TW:1733
|
$65.42 Million |
|
AimCore Technology Co Ltd
TWO:3615
|
$65.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Saigon Thuong Tin Real Estate JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,218,103,513,493 to 5,289,633,618,978, a change of 71,530,105,485 (1.4%).
- Net income of 76,330,105,485 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫76.33 Billion | +1.44% |
| Other Changes | ₫-4.80 Billion | -0.09% |
| Total Change | ₫- | 1.37% |
Book Value vs Market Value Analysis
This analysis compares Saigon Thuong Tin Real Estate 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: 0.48x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ₫12299.28 | ₫5860.00 | x |
| 2020-12-31 | ₫11786.39 | ₫5860.00 | x |
| 2021-12-31 | ₫12214.74 | ₫5860.00 | x |
| 2022-12-31 | ₫12290.01 | ₫5860.00 | x |
| 2023-12-31 | ₫12326.74 | ₫5860.00 | x |
| 2024-12-31 | ₫12118.36 | ₫5860.00 | x |
| 2025-12-31 | ₫12284.47 | ₫5860.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Saigon Thuong Tin Real Estate 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): 1.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.28%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 2.44x
- Recent ROE (1.44%) is below the historical average (2.39%), 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 | 6.09% | 26.61% | 0.09x | 2.42x | ₫-176.34 Billion |
| 2020 | 4.05% | 20.55% | 0.08x | 2.45x | ₫-277.65 Billion |
| 2021 | 3.87% | 11.12% | 0.17x | 2.03x | ₫-296.15 Billion |
| 2022 | 1.03% | 5.62% | 0.09x | 1.99x | ₫-436.10 Billion |
| 2023 | 0.18% | 2.35% | 0.03x | 2.18x | ₫-479.00 Billion |
| 2024 | 0.06% | 0.37% | 0.07x | 2.27x | ₫-518.87 Billion |
| 2025 | 1.44% | 6.28% | 0.09x | 2.44x | ₫-452.63 Billion |
Industry Comparison
This section compares Saigon Thuong Tin Real Estate JSC's net assets metrics with peer companies in the Real Estate - Diversified industry.
Industry Context
- Industry: Real Estate - Diversified
- Average net assets among peers: $18,310,629,006,022
- Average return on equity (ROE) among peers: 8.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Saigon Thuong Tin Real Estate JSC (SCR) | ₫5.36 Trillion | 6.09% | 1.41x | $65.45 Million |
| An Gia Real Estate Investment and Development Corp (AGG) | $2.88 Trillion | 6.10% | 2.23x | $54.39 Million |
| Investment and Industrial Development Joint Stock Corp (BCM) | $17.10 Trillion | 8.49% | 1.87x | $2.20 Billion |
| Dat Xanh Real Estate Service Contructions Corp (DXG) | $14.19 Trillion | 1.21% | 1.03x | $593.23 Million |
| Hoang Anh Gia Lai JSC (HAG) | $5.19 Trillion | 21.73% | 2.81x | $568.32 Million |
| No Va Land Investment Group Corp (NVL) | $41.17 Trillion | 7.83% | 3.90x | $634.30 Million |
| Vincom Retail JSC (VRE) | $29.34 Trillion | 8.12% | 0.36x | $2.29 Billion |