Sai Gon Thuong Tin Commercial Joint Stock Bank (STB) - Net Assets
Based on the latest financial reports, Sai Gon Thuong Tin Commercial Joint Stock Bank (STB) has net assets worth ₫61.48 Trillion VND (≈ $2.34 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₫859.57 Trillion ≈ $32.66 Billion USD) and total liabilities (₫798.09 Trillion ≈ $30.32 Billion 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 tangible net worth ratio of Sai Gon Thuong Tin Commercial Joint Stoc to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₫61.48 Trillion |
| % of Total Assets | 7.15% |
| Annual Growth Rate | 14.37% |
| 5-Year Change | 74.74% |
| 10-Year Change | N/A |
| Growth Volatility | 4.75 |
Sai Gon Thuong Tin Commercial Joint Stock Bank - Net Assets Trend (2019–2025)
This chart illustrates how Sai Gon Thuong Tin Commercial Joint Stock Bank's net assets have evolved over time, based on quarterly financial data. See Sai Gon Thuong Tin Commercial Joint Stoc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sai Gon Thuong Tin Commercial Joint Stock Bank (2019–2025)
The table below shows the annual net assets of Sai Gon Thuong Tin Commercial Joint Stock Bank from 2019 to 2025. For live valuation and market cap data, see Sai Gon Thuong Tin Commercial Joint Stoc (STB) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫59.87 Trillion ≈ $2.27 Billion |
+8.90% |
| 2024-12-31 | ₫54.97 Trillion ≈ $2.09 Billion |
+20.20% |
| 2023-12-31 | ₫45.73 Trillion ≈ $1.74 Billion |
+18.40% |
| 2022-12-31 | ₫38.63 Trillion ≈ $1.47 Billion |
+12.74% |
| 2021-12-31 | ₫34.26 Trillion ≈ $1.30 Billion |
+18.32% |
| 2020-12-31 | ₫28.96 Trillion ≈ $1.10 Billion |
+8.28% |
| 2019-12-31 | ₫26.74 Trillion ≈ $1.02 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Sai Gon Thuong Tin Commercial Joint Stock Bank'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 273.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫31.29 Trillion | 52.27% |
| Other Components | ₫28.57 Trillion | 47.73% |
| Total Equity | ₫59.87 Trillion | 100.00% |
Sai Gon Thuong Tin Commercial Joint Stock Bank Competitors by Market Cap
The table below lists competitors of Sai Gon Thuong Tin Commercial Joint Stock Bank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EVN AG
VI:EVN
|
$5.18 Billion |
|
All Winner Technology Co Ltd
SHE:300458
|
$5.18 Billion |
|
Compal Electronics Inc
TW:2324
|
$5.18 Billion |
|
Boc International China Co Ltd
SHG:601696
|
$5.18 Billion |
|
Balchem Corporation
NASDAQ:BCPC
|
$5.17 Billion |
|
Amneal Pharmaceuticals, Inc. Class A Common Stock
NASDAQ:AMRX
|
$5.17 Billion |
|
TECO Electric & Machinery Co Ltd
TW:1504
|
$5.17 Billion |
|
Hangzhou Great Star Industrial Co Ltd
SHE:002444
|
$5.17 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sai Gon Thuong Tin Commercial Joint Stock Bank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 54,972,070,000,000 to 59,866,744,000,000, a change of 4,894,674,000,000 (8.9%).
- Net income of 5,939,111,000,000 contributed positively to equity growth.
- Other factors decreased equity by 1,044,437,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫5.94 Trillion | +9.92% |
| Other Changes | ₫-1.04 Trillion | -1.74% |
| Total Change | ₫- | 8.90% |
Book Value vs Market Value Analysis
This analysis compares Sai Gon Thuong Tin Commercial Joint Stock Bank'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: 2.28x
- 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 4.88x to 2.28x 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 | ₫14826.37 | ₫72300.00 | x |
| 2020-12-31 | ₫16054.22 | ₫72300.00 | x |
| 2021-12-31 | ₫18173.70 | ₫72300.00 | x |
| 2022-12-31 | ₫20489.43 | ₫72300.00 | x |
| 2023-12-31 | ₫24259.22 | ₫72300.00 | x |
| 2024-12-31 | ₫29159.56 | ₫72300.00 | x |
| 2025-12-31 | ₫31755.91 | ₫72300.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sai Gon Thuong Tin Commercial Joint Stock Bank 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): 9.92%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.48%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 15.32x
- Recent ROE (9.92%) is below the historical average (12.37%), 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 | 9.18% | 18.64% | 0.03x | 16.96x | ₫-219.30 Billion |
| 2020 | 9.26% | 15.96% | 0.03x | 17.01x | ₫-213.64 Billion |
| 2021 | 9.96% | 20.81% | 0.03x | 15.21x | ₫-14.64 Billion |
| 2022 | 13.05% | 32.22% | 0.03x | 15.32x | ₫1.18 Trillion |
| 2023 | 16.88% | 31.12% | 0.04x | 14.75x | ₫3.15 Trillion |
| 2024 | 18.35% | 34.90% | 0.04x | 13.61x | ₫4.59 Trillion |
| 2025 | 9.92% | 16.48% | 0.04x | 15.32x | ₫-47.56 Billion |
Industry Comparison
This section compares Sai Gon Thuong Tin Commercial Joint Stock Bank's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $65,835,836,111,111
- Average return on equity (ROE) among peers: 15.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sai Gon Thuong Tin Commercial Joint Stock Bank (STB) | ₫61.48 Trillion | 9.18% | 12.98x | $5.18 Billion |
| Asia Commercial Bank (ACB) | $44.90 Trillion | 21.39% | 10.75x | $4.33 Billion |
| Joint Stock Commercial Bank for Investment and Development of Vietnam (BID) | $86.33 Trillion | 12.21% | 19.41x | $11.15 Billion |
| Vietnam JSCmmercial Bank for Industry and Trade (CTG) | $148.50 Trillion | 17.07% | 15.06x | $9.96 Billion |
| Vietnam Export Import Commercial Joint Stock Bank (EIB) | $25.10 Trillion | 13.25% | 8.55x | $1.49 Billion |
| Ho Chi Minh City Development Joint Stock Commercial Bank (HDB) | $38.99 Trillion | 19.87% | 9.68x | $4.78 Billion |
| Lien Viet Post Joint Stock Commercial Bank (LPB) | $14.23 Trillion | 13.08% | 16.03x | $5.45 Billion |
| Military Commercial Joint Stock Bank (MBB) | $62.49 Trillion | 20.32% | 8.72x | $7.65 Billion |
| Sai Gon Ha Noi Commercial Joint Stock Bank (SHB) | $24.04 Trillion | 10.85% | 16.17x | $2.44 Billion |
| Vietnam Technological And Commercial Joint Stock Bank (TCB) | $147.94 Trillion | 14.55% | 5.62x | $8.33 Billion |
About Sai Gon Thuong Tin Commercial Joint Stock Bank
Saigon Thuong Tin Commercial Joint Stock Bank provides banking products and services to individual and corporate clients. The company offers current, combo multi-benefit, social security combo, combo hi-tek, and savings account; credit, integrated, co-branded, debit, and prepaid cards; and general term and automatic deposits. It also provides business, vehicle, international education, home, and … Read more