Sonadezi Chau Duc Shareholding Co (SZC) - Net Assets
Based on the latest financial reports, Sonadezi Chau Duc Shareholding Co (SZC) has net assets worth ₫3.22 Trillion VND (≈ $122.34 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 (₫8.33 Trillion ≈ $316.60 Million USD) and total liabilities (₫5.11 Trillion ≈ $194.26 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 SZC tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₫3.22 Trillion |
| % of Total Assets | 38.64% |
| Annual Growth Rate | 20.44% |
| 5-Year Change | 118.54% |
| 10-Year Change | N/A |
| Growth Volatility | 27.09 |
Sonadezi Chau Duc Shareholding Co - Net Assets Trend (2020–2025)
This chart illustrates how Sonadezi Chau Duc Shareholding Co's net assets have evolved over time, based on quarterly financial data. See Sonadezi Chau Duc Shareholding Co liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sonadezi Chau Duc Shareholding Co (2020–2025)
The table below shows the annual net assets of Sonadezi Chau Duc Shareholding Co from 2020 to 2025. For live valuation and market cap data, see how much is Sonadezi Chau Duc Shareholding Co worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫3.20 Trillion ≈ $121.69 Million |
+4.54% |
| 2024-12-31 | ₫3.06 Trillion ≈ $116.41 Million |
+76.35% |
| 2023-12-31 | ₫1.74 Trillion ≈ $66.01 Million |
+13.24% |
| 2022-12-31 | ₫1.53 Trillion ≈ $58.29 Million |
+4.69% |
| 2021-12-31 | ₫1.47 Trillion ≈ $55.68 Million |
+15.93% |
| 2020-12-31 | ₫1.26 Trillion ≈ $48.03 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sonadezi Chau Duc Shareholding Co'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 175.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫590.92 Billion | 18.45% |
| Other Components | ₫2.61 Trillion | 81.55% |
| Total Equity | ₫3.20 Trillion | 100.00% |
Sonadezi Chau Duc Shareholding Co Competitors by Market Cap
The table below lists competitors of Sonadezi Chau Duc Shareholding Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jr Global Reit
KO:348950
|
$158.10 Million |
|
Nabors Energy Transition Corp. II Class A Ordinary Shares
NASDAQ:NETD
|
$158.11 Million |
|
Userjoy Technology Co Ltd
TWO:3546
|
$158.12 Million |
|
Formuepleje Limittellus
CO:FPILIM
|
$158.14 Million |
|
MKH Oil Palm (East Kalimantan) Berhad
KLSE:5319
|
$157.89 Million |
|
Unic Technology
TWO:5452
|
$157.82 Million |
|
Mountain & I Acquisition Co Corp
NASDAQ:MCAA
|
$157.81 Million |
|
Surya Fajar Capital Tbk PT
JK:SFAN
|
$157.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sonadezi Chau Duc Shareholding Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,063,813,870,054 to 3,202,888,522,535, a change of 139,074,652,481 (4.5%).
- Net income of 344,800,515,481 contributed positively to equity growth.
- Dividend payments of 179,386,414,950 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫344.80 Billion | +10.77% |
| Dividends Paid | ₫179.39 Billion | -5.6% |
| Other Changes | ₫-26.34 Billion | -0.82% |
| Total Change | ₫- | 4.54% |
Book Value vs Market Value Analysis
This analysis compares Sonadezi Chau Duc Shareholding Co'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: 1.30x
- 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 2.67x to 1.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | ₫8649.36 | ₫23100.00 | x |
| 2021-12-31 | ₫10026.90 | ₫23100.00 | x |
| 2022-12-31 | ₫10496.68 | ₫23100.00 | x |
| 2023-12-31 | ₫11885.96 | ₫23100.00 | x |
| 2024-12-31 | ₫17022.53 | ₫23100.00 | x |
| 2025-12-31 | ₫17795.22 | ₫23100.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sonadezi Chau Duc Shareholding Co 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): 10.77%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.40%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 2.55x
- Recent ROE (10.77%) is below the historical average (13.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 14.71% | 42.96% | 0.10x | 3.49x | ₫59.58 Billion |
| 2021 | 22.08% | 45.38% | 0.13x | 3.83x | ₫177.07 Billion |
| 2022 | 12.86% | 22.98% | 0.14x | 4.13x | ₫43.94 Billion |
| 2023 | 12.60% | 26.76% | 0.12x | 4.01x | ₫45.14 Billion |
| 2024 | 9.75% | 34.30% | 0.11x | 2.68x | ₫-7.78 Billion |
| 2025 | 10.77% | 31.40% | 0.13x | 2.55x | ₫24.51 Billion |
Industry Comparison
This section compares Sonadezi Chau Duc Shareholding Co's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $24,526,828,059,401
- Average return on equity (ROE) among peers: 4.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sonadezi Chau Duc Shareholding Co (SZC) | ₫3.22 Trillion | 14.71% | 1.59x | $157.97 Million |
| Sao Mai Group Corp (ASM) | $8.22 Trillion | 0.56% | 1.86x | $90.81 Million |
| Century Land Joint Stock Company (CRE) | $5.62 Trillion | 0.04% | 0.26x | $130.37 Million |
| Hoang Quan Consulting Trading Service Real Estate Corp (HQC) | $5.39 Trillion | 0.63% | 0.54x | $57.18 Million |
| Kinh Bac City Development Share Holding Corp (KBC) | $20.64 Trillion | 1.85% | 1.17x | $1.07 Billion |
| 577 Investment Corp (NBB) | $2.16 Trillion | 16.06% | 1.62x | $65.83 Million |
| Song Da Urban & Industrial Zone Investment and Development JSC (SJS) | $2.99 Trillion | 8.97% | 1.62x | $558.33 Million |
| Vingroup JSC (VIC) | $148.22 Trillion | 1.46% | 3.50x | $58.55 Billion |
| Van Phu - Invest Investment JSC (VPI) | $2.96 Trillion | 10.17% | 2.28x | $716.22 Million |
About Sonadezi Chau Duc Shareholding Co
Sonadezi Chau Duc Shareholding Company develops and manages industrial park in Vietnam. The company develops industrial real estate and golf courses; and civil real estate, such as residential and commercial areas, and other construction projects. It also provides logistics, warehouses, container deport and ICD, electricity and water supply, security, supervision, and consultancy services, as wel… Read more