Saigon Thuong Tin Real Estate JSC (SCR) - Net Assets
Based on the latest financial reports, Saigon Thuong Tin Real Estate JSC (SCR) has net assets worth ₫5.36 Trillion VND (≈ $203.55 Million USD) 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 ≈ $490.56 Million USD) and total liabilities (₫7.55 Trillion ≈ $287.02 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 Saigon Thuong Tin Real Estate JSC (SCR) asset resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore Saigon Thuong Tin Real Estate JSC asset portfolio for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Saigon Thuong Tin Real Estate JSC stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫5.36 Trillion ≈ $203.55 Million |
-1.97% |
| 2024-12-31 | ₫5.47 Trillion ≈ $207.64 Million |
+6.63% |
| 2023-12-31 | ₫5.13 Trillion ≈ $194.72 Million |
+1.13% |
| 2022-12-31 | ₫5.07 Trillion ≈ $192.55 Million |
+0.70% |
| 2021-12-31 | ₫5.03 Trillion ≈ $191.22 Million |
+2.89% |
| 2020-12-31 | ₫4.89 Trillion ≈ $185.85 Million |
+3.25% |
| 2019-12-31 | ₫4.74 Trillion ≈ $180.00 Million |
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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 |
|---|---|
|
Technos S.A
SA:TECN3
|
$99.03 Million |
|
Premier Technology Public Company Limited
BK:PT
|
$99.10 Million |
|
STARPHARMA HLDG.SP.ADR/10
F:PQ6A
|
$99.13 Million |
|
Muhibbah Engineering M Bhd
KLSE:5703
|
$99.20 Million |
|
Kpx Green Chem
KO:083420
|
$98.96 Million |
|
Daesung Hi-Tech Co. Ltd.
KQ:129920
|
$98.89 Million |
|
Ying Han Technology Co Ltd
TW:4562
|
$98.88 Million |
|
Qualicorp Consultoria e Corretora de Seguros S.A
SA:QUAL3
|
$98.87 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: 0.49x
- 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 | ₫6050.00 | x |
| 2020-12-31 | ₫11786.39 | ₫6050.00 | x |
| 2021-12-31 | ₫12214.74 | ₫6050.00 | x |
| 2022-12-31 | ₫12290.01 | ₫6050.00 | x |
| 2023-12-31 | ₫12326.74 | ₫6050.00 | x |
| 2024-12-31 | ₫12118.36 | ₫6050.00 | x |
| 2025-12-31 | ₫12284.47 | ₫6050.00 | 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: $18,766,382,303,057
- Average return on equity (ROE) among peers: 5.70%
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 | $98.98 Million |
| An Gia Real Estate Investment and Development Corp (AGG) | $2.68 Trillion | 15.67% | 3.70x | $77.81 Million |
| Investment and Industrial Development Joint Stock Corp (BCM) | $17.76 Trillion | 9.57% | 1.72x | $2.09 Billion |
| Dat Xanh Real Estate Service Contructions Corp (DXG) | $20.86 Trillion | 1.10% | 0.83x | $648.75 Million |
| Hoang Anh Gia Lai JSC (HAG) | $10.03 Trillion | -12.52% | 2.72x | $784.90 Million |
| No Va Land Investment Group Corp (NVL) | $31.93 Trillion | 12.27% | 3.53x | $1.74 Billion |
| Vincom Retail JSC (VRE) | $29.34 Trillion | 8.12% | 0.36x | $2.79 Billion |
About 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