Can Don Hydro Power JSC (SJD) - Net Assets
Based on the latest financial reports, Can Don Hydro Power JSC (SJD) has net assets worth ₫1.08 Trillion VND (≈ $41.17 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 (₫1.36 Trillion ≈ $51.58 Million USD) and total liabilities (₫274.09 Billion ≈ $10.41 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 Can Don Hydro Power JSC (SJD) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₫1.08 Trillion |
| % of Total Assets | 79.81% |
| Annual Growth Rate | 2.07% |
| 5-Year Change | 11.69% |
| 10-Year Change | N/A |
| Growth Volatility | 7.55 |
Can Don Hydro Power JSC - Net Assets Trend (2019–2025)
This chart illustrates how Can Don Hydro Power JSC's net assets have evolved over time, based on quarterly financial data. See SJD cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Can Don Hydro Power JSC (2019–2025)
The table below shows the annual net assets of Can Don Hydro Power JSC from 2019 to 2025. For live valuation and market cap data, see market cap of Can Don Hydro Power JSC.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫1.06 Trillion ≈ $40.36 Million |
+3.61% |
| 2024-12-31 | ₫1.03 Trillion ≈ $38.95 Million |
+0.86% |
| 2023-12-31 | ₫1.02 Trillion ≈ $38.62 Million |
-7.30% |
| 2022-12-31 | ₫1.10 Trillion ≈ $41.66 Million |
+15.29% |
| 2021-12-31 | ₫951.15 Billion ≈ $36.14 Million |
+6.80% |
| 2020-12-31 | ₫890.60 Billion ≈ $33.84 Million |
-5.22% |
| 2019-12-31 | ₫939.62 Billion ≈ $35.70 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Can Don Hydro Power 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 32.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫162.03 Billion | 15.41% |
| Other Components | ₫889.48 Billion | 84.59% |
| Total Equity | ₫1.05 Trillion | 100.00% |
Can Don Hydro Power JSC Competitors by Market Cap
The table below lists competitors of Can Don Hydro Power JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Silver Ridge Holdings Bhd
KLSE:0129
|
$36.98 Million |
|
GROUP PAREF INH. EO 25
F:G5I
|
$36.98 Million |
|
Agrometal S.A.I.
BA:AGRO
|
$36.99 Million |
|
Home Capital Rentals SOCIMI S.A.
MC:YHCR
|
$37.00 Million |
|
Vintcom Technology PCL
BK:VCOM
|
$36.94 Million |
|
Shivalik Rasayan Limited
NSE:SHIVALIK
|
$36.93 Million |
|
Koss Corporation
NASDAQ:KOSS
|
$36.92 Million |
|
Bangkok Dec-Con Public Company Limited
BK:BKD
|
$36.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Can Don Hydro Power JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,015,446,406,819 to 1,051,506,776,249, a change of 36,060,369,430 (3.6%).
- Net income of 160,624,722,255 contributed positively to equity growth.
- Dividend payments of 114,944,866,072 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫160.62 Billion | +15.28% |
| Dividends Paid | ₫114.94 Billion | -10.93% |
| Other Changes | ₫-9.62 Billion | -0.91% |
| Total Change | ₫- | 3.55% |
Book Value vs Market Value Analysis
This analysis compares Can Don Hydro Power 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: 0.93x
- 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.
- The price-to-book ratio has decreased from 1.05x to 0.93x 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 | ₫13469.82 | ₫14100.00 | x |
| 2020-12-31 | ₫12778.58 | ₫14100.00 | x |
| 2021-12-31 | ₫13654.76 | ₫14100.00 | x |
| 2022-12-31 | ₫15758.22 | ₫14100.00 | x |
| 2023-12-31 | ₫14593.48 | ₫14100.00 | x |
| 2024-12-31 | ₫14716.91 | ₫14100.00 | x |
| 2025-12-31 | ₫15239.53 | ₫14100.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Can Don Hydro Power 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): 15.28%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 35.74%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.31x
- Recent ROE (15.28%) is above the historical average (14.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 16.54% | 36.15% | 0.31x | 1.47x | ₫60.76 Billion |
| 2020 | 11.46% | 30.51% | 0.25x | 1.50x | ₫12.91 Billion |
| 2021 | 16.98% | 37.60% | 0.31x | 1.47x | ₫65.72 Billion |
| 2022 | 14.16% | 33.81% | 0.32x | 1.32x | ₫45.21 Billion |
| 2023 | 12.90% | 30.15% | 0.32x | 1.34x | ₫29.19 Billion |
| 2024 | 14.03% | 33.72% | 0.31x | 1.34x | ₫40.92 Billion |
| 2025 | 15.28% | 35.74% | 0.33x | 1.31x | ₫55.47 Billion |
Industry Comparison
This section compares Can Don Hydro Power JSC's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $4,860,895,439,110
- Average return on equity (ROE) among peers: 14.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Can Don Hydro Power JSC (SJD) | ₫1.08 Trillion | 16.54% | 0.25x | $36.96 Million |
| Ba Ria Thermal Power JSC (BTP) | $1.23 Trillion | 14.86% | 0.63x | $19.05 Million |
| Central Hydropower JSC (CHP) | $1.76 Trillion | 12.25% | 1.05x | $165.33 Million |
| PetroVietnam Power Nhon Trach 2 JSC (NT2) | $4.86 Trillion | 22.68% | 0.91x | $251.56 Million |
| Power Generation Corp 3 (PGV) | $15.77 Trillion | 6.75% | 2.73x | $1.01 Billion |
| Viet Nam Power Development JSC (VPD) | $1.53 Trillion | 18.53% | 0.31x | $88.28 Million |
| Vinh Son Song Hinh Hydropower JSC (VSH) | $4.01 Trillion | 9.66% | 1.50x | $383.26 Million |
About Can Don Hydro Power JSC
Can Don Hydro Power Joint Stock Company produces and trades in electricity in Vietnam. It also engages in the transmission and distribution of electricity. The company was incorporated in 2004 and is based in Bu Dop, Vietnam.