Thu Dau Mot Water JSC
Thu Dau Mot Water Joint Stock Company, together with its subsidiaries, engages in producing and supplying treated water in Vietnam. It is also involved in the investment, exploitation, treatment, and supply of clean water for daily life and production; investment and management of drainage systems; construction and repair of water supply and drainage systems; purchase and sale of water supplies, … Read more
Thu Dau Mot Water JSC (TDM) - Net Assets
Latest net assets as of December 2025: ₫2.58 Trillion VND
Based on the latest financial reports, Thu Dau Mot Water JSC (TDM) has net assets worth ₫2.58 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 (₫3.40 Trillion) and total liabilities (₫811.30 Billion). 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 | ₫2.58 Trillion |
| % of Total Assets | 76.11% |
| Annual Growth Rate | 9.32% |
| 5-Year Change | 39.97% |
| 10-Year Change | N/A |
| Growth Volatility | 8.32 |
Thu Dau Mot Water JSC - Net Assets Trend (2020–2025)
This chart illustrates how Thu Dau Mot Water JSC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Thu Dau Mot Water JSC (2020–2025)
The table below shows the annual net assets of Thu Dau Mot Water JSC from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫2.58 Trillion | +2.64% |
| 2024-12-31 | ₫2.52 Trillion | +23.65% |
| 2023-12-31 | ₫2.04 Trillion | -0.20% |
| 2022-12-31 | ₫2.04 Trillion | +10.51% |
| 2021-12-31 | ₫1.85 Trillion | +11.56% |
| 2020-12-31 | ₫1.66 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Thu Dau Mot Water 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 grown by 47.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫380.05 Billion | 14.70% |
| Other Components | ₫2.20 Trillion | 85.30% |
| Total Equity | ₫2.58 Trillion | 100.00% |
Thu Dau Mot Water JSC Competitors by Market Cap
The table below lists competitors of Thu Dau Mot Water JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangzhou LBP Medicine Science & Technology Co Ltd
SHG:688393
|
$195.24 Million |
|
Changchun Gas Co Ltd
SHG:600333
|
$195.28 Million |
|
Shandong Xinjufeng Technology Packaging Co. Ltd. A
SHE:301296
|
$195.29 Million |
|
Mistras Group Inc
NYSE:MG
|
$195.30 Million |
|
GAMSUNG Corporation Co. Ltd
KQ:036620
|
$194.96 Million |
|
Guangzhou Seagull Kitchen And Bath Products Co Ltd
SHE:002084
|
$194.94 Million |
|
Sampo Corp
TW:1604
|
$194.91 Million |
|
Zhejiang Ming Jewelry Co Ltd
SHE:002574
|
$194.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Thu Dau Mot Water JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,518,214,075,404 to 2,584,815,387,082, a change of 66,601,311,678 (2.6%).
- Net income of 209,881,718,632 contributed positively to equity growth.
- Dividend payments of 154,000,000,000 reduced retained earnings.
- New share issuances of 27,072,222,222 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫209.88 Billion | +8.12% |
| Dividends Paid | ₫154.00 Billion | -5.96% |
| Share Issuances | ₫27.07 Billion | +1.05% |
| Other Changes | ₫-16.35 Billion | -0.63% |
| Total Change | ₫- | 2.64% |
Book Value vs Market Value Analysis
This analysis compares Thu Dau Mot Water 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: 2.38x
- 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 3.47x to 2.38x 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 | ₫16139.53 | ₫56000.00 | x |
| 2021-12-31 | ₫18004.87 | ₫56000.00 | x |
| 2022-12-31 | ₫19897.30 | ₫56000.00 | x |
| 2023-12-31 | ₫20366.36 | ₫56000.00 | x |
| 2024-12-31 | ₫22892.86 | ₫56000.00 | x |
| 2025-12-31 | ₫23498.32 | ₫56000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Thu Dau Mot Water 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): 8.12%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 41.47%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.31x
- Recent ROE (8.12%) is below the historical average (11.53%), 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 | 10.45% | 44.85% | 0.16x | 1.44x | ₫7.42 Billion |
| 2021 | 17.79% | 78.80% | 0.17x | 1.30x | ₫143.95 Billion |
| 2022 | 10.80% | 46.02% | 0.20x | 1.18x | ₫16.31 Billion |
| 2023 | 13.92% | 53.22% | 0.20x | 1.28x | ₫79.79 Billion |
| 2024 | 8.12% | 37.55% | 0.18x | 1.20x | ₫-47.41 Billion |
| 2025 | 8.12% | 41.47% | 0.15x | 1.31x | ₫-48.60 Billion |
Industry Comparison
This section compares Thu Dau Mot Water JSC's net assets metrics with peer companies in the Utilities - Regulated Water industry.
No peer company data available for comparison.