Vietnam Technological And Commercial Joint Stock Bank
Vietnam Technological and Commercial Joint Stock Bank provides personal and corporate banking products and services in Vietnam and internationally. The company offers personal banking products and services, such as current accounts, foreign currency accounts, and overdraft accounts; flexible and term deposits; certificates of deposit; car, home, and consumer loans; credit and debit cards; oversea… Read more
Vietnam Technological And Commercial Joint Stock Bank (TCB) - Net Assets
Latest net assets as of December 2025: ₫179.50 Trillion VND
Based on the latest financial reports, Vietnam Technological And Commercial Joint Stock Bank (TCB) has net assets worth ₫179.50 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 (₫1192.34 Trillion) and total liabilities (₫1012.84 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 | ₫179.50 Trillion |
| % of Total Assets | 15.05% |
| Annual Growth Rate | 19.36% |
| 5-Year Change | 92.93% |
| 10-Year Change | N/A |
| Growth Volatility | 4.06 |
Vietnam Technological And Commercial Joint Stock Bank - Net Assets Trend (2019–2025)
This chart illustrates how Vietnam Technological And Commercial Joint Stock Bank's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Vietnam Technological And Commercial Joint Stock Bank (2019–2025)
The table below shows the annual net assets of Vietnam Technological And Commercial Joint Stock Bank from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫179.50 Trillion | +21.33% |
| 2024-12-31 | ₫147.94 Trillion | +12.40% |
| 2023-12-31 | ₫131.62 Trillion | +16.04% |
| 2022-12-31 | ₫113.42 Trillion | +21.91% |
| 2021-12-31 | ₫93.04 Trillion | +24.70% |
| 2020-12-31 | ₫74.61 Trillion | +20.21% |
| 2019-12-31 | ₫62.07 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vietnam Technological And 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 138.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫62.77 Trillion | 36.92% |
| Other Components | ₫107.27 Trillion | 63.08% |
| Total Equity | ₫170.04 Trillion | 100.00% |
Vietnam Technological And Commercial Joint Stock Bank Competitors by Market Cap
The table below lists competitors of Vietnam Technological And Commercial Joint Stock Bank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
InCapta Inc
PINK:INCT
|
$8.34 Billion |
|
ACS Actividades de Construcción y Servicios S.A
PINK:ACSAF
|
$8.35 Billion |
|
Capcom Co. Ltd
PINK:CCOEF
|
$8.38 Billion |
|
CONFLUENT INC.A DL-00001
F:8QR
|
$8.38 Billion |
|
CareTrust REIT Inc.
NYSE:CTRE
|
$8.33 Billion |
|
Shanxi Xinghuacun Fen Wine Factory Co Ltd
SHG:600809
|
$8.31 Billion |
|
YPF Sociedad Anonima
NYSE:YPF
|
$8.30 Billion |
|
Qiagen NV
NYSE:QGEN
|
$8.29 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vietnam Technological And Commercial Joint Stock Bank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 145,419,155,000,000 to 170,044,504,000,000, a change of 24,625,349,000,000 (16.9%).
- Net income of 25,290,230,000,000 contributed positively to equity growth.
- Dividend payments of 7,084,911,000,000 reduced retained earnings.
- New share issuances of 213,822,000,000 increased equity.
- Other factors increased equity by 6,206,208,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫25.29 Trillion | +14.87% |
| Dividends Paid | ₫7.08 Trillion | -4.17% |
| Share Issuances | ₫213.82 Billion | +0.13% |
| Other Changes | ₫6.21 Trillion | +3.65% |
| Total Change | ₫- | 16.93% |
Book Value vs Market Value Analysis
This analysis compares Vietnam Technological And 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: 1.28x
- 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 1.74x to 1.28x 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 | ₫17651.31 | ₫30800.00 | x |
| 2020-12-31 | ₫21150.64 | ₫30800.00 | x |
| 2021-12-31 | ₫26259.42 | ₫30800.00 | x |
| 2022-12-31 | ₫15963.67 | ₫30800.00 | x |
| 2023-12-31 | ₫18495.22 | ₫30800.00 | x |
| 2024-12-31 | ₫20583.47 | ₫30800.00 | x |
| 2025-12-31 | ₫23996.43 | ₫30800.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vietnam Technological And 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): 14.87%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 48.34%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 7.01x
- Recent ROE (14.87%) is below the historical average (16.41%), 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 | 16.31% | 50.10% | 0.05x | 6.21x | ₫3.90 Trillion |
| 2020 | 16.63% | 47.30% | 0.06x | 5.93x | ₫4.91 Trillion |
| 2021 | 19.58% | 49.58% | 0.06x | 6.17x | ₫8.83 Trillion |
| 2022 | 18.89% | 52.57% | 0.06x | 6.22x | ₫9.98 Trillion |
| 2023 | 13.82% | 45.15% | 0.05x | 6.52x | ₫4.97 Trillion |
| 2024 | 14.80% | 45.15% | 0.05x | 6.73x | ₫6.98 Trillion |
| 2025 | 14.87% | 48.34% | 0.04x | 7.01x | ₫8.29 Trillion |
Industry Comparison
This section compares Vietnam Technological And 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: $73,818,987,830,097
- Average return on equity (ROE) among peers: 16.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vietnam Technological And Commercial Joint Stock Bank (TCB) | ₫179.50 Trillion | 16.31% | 5.64x | $8.33 Billion |
| Asia Commercial Bank (ACB) | $58.44 Trillion | 23.42% | 9.40x | $4.64 Billion |
| Joint Stock Commercial Bank for Investment and Development of Vietnam (BID) | $144.91 Trillion | 17.35% | 18.05x | $10.92 Billion |
| Vietnam JSCmmercial Bank for Industry and Trade (CTG) | $179.64 Trillion | 19.26% | 14.41x | $1.64 Billion |
| Ho Chi Minh City Development Joint Stock Commercial Bank (HDB) | $46.40 Trillion | 21.70% | 11.98x | $4.15 Billion |
| Lien Viet Post Joint Stock Commercial Bank (LPB) | $16.80 Trillion | 17.10% | 16.21x | $4.77 Billion |
| Military Commercial Joint Stock Bank (MBB) | $142.02 Trillion | 18.86% | 10.38x | $8.16 Billion |
| Orient Commercial JS Bank (OCB) | $28.54 Trillion | 11.58% | 7.41x | $1.11 Billion |
| Southeast Asia Commercial JS Bank (SSB) | $18.66 Trillion | 13.97% | 10.34x | $1.68 Billion |
| Sai Gon Thuong Tin Commercial Joint Stock Bank (STB) | $28.96 Trillion | 9.26% | 16.01x | $4.62 Billion |