Transimex Saigon Corp
Transomed Corporation, together with its subsidiaries, provides logistics services in Vietnam and internationally. The company offers international freight forwarding, such as full container load (FCL)/ less than container load (LCL); international and domestic door-to-door transport services; air freight; logistics solutions, project cargo and exhibition displays; and carriage, packing, packing,… Read more
Transimex Saigon Corp (TMS) - Net Assets
Latest net assets as of December 2025: ₫5.23 Trillion VND
Based on the latest financial reports, Transimex Saigon Corp (TMS) has net assets worth ₫5.23 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 (₫8.59 Trillion) and total liabilities (₫3.36 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 | ₫5.23 Trillion |
| % of Total Assets | 60.93% |
| Annual Growth Rate | 17.91% |
| 5-Year Change | 49.93% |
| 10-Year Change | N/A |
| Growth Volatility | 14.88 |
Transimex Saigon Corp - Net Assets Trend (2019–2025)
This chart illustrates how Transimex Saigon Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Transimex Saigon Corp (2019–2025)
The table below shows the annual net assets of Transimex Saigon Corp from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫5.23 Trillion | +1.41% |
| 2024-12-31 | ₫5.16 Trillion | +8.20% |
| 2023-12-31 | ₫4.77 Trillion | +14.97% |
| 2022-12-31 | ₫4.15 Trillion | +18.84% |
| 2021-12-31 | ₫3.49 Trillion | +48.73% |
| 2020-12-31 | ₫2.35 Trillion | +20.51% |
| 2019-12-31 | ₫1.95 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Transimex Saigon Corp'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 91.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫1.69 Trillion | 40.70% |
| Other Components | ₫2.47 Trillion | 59.30% |
| Total Equity | ₫4.16 Trillion | 100.00% |
Transimex Saigon Corp Competitors by Market Cap
The table below lists competitors of Transimex Saigon Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Neuca S.A.
WAR:NEU
|
$276.84 Million |
|
Qingdao Weflo Valve Co Ltd
SHE:002871
|
$276.85 Million |
|
Jiangsu Boiln Plastics Co. Ltd.
SHE:301003
|
$276.90 Million |
|
Zhejiang Yilida Ventilator Co Ltd
SHE:002686
|
$276.95 Million |
|
SillaJen Inc
KQ:215600
|
$276.74 Million |
|
Jiangsu Huifeng Agrochemical Co Ltd
SHE:002496
|
$276.65 Million |
|
Guangdong Vanward New Electric Co Ltd
SHE:002543
|
$276.56 Million |
|
Central Bank of India
NSE:CENTRALBK
|
$276.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Transimex Saigon Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,020,111,687,868 to 4,163,412,512,703, a change of 143,300,824,835 (3.6%).
- Net income of 352,793,790,126 contributed positively to equity growth.
- Dividend payments of 201,695,952,072 reduced retained earnings.
- New share issuances of 14,849,830,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫352.79 Billion | +8.47% |
| Dividends Paid | ₫201.70 Billion | -4.84% |
| Share Issuances | ₫14.85 Billion | +0.36% |
| Other Changes | ₫-22.65 Billion | -0.54% |
| Total Change | ₫- | 3.56% |
Book Value vs Market Value Analysis
This analysis compares Transimex Saigon Corp'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: 1.70x
- 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 2.29x to 1.70x 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 | ₫17938.17 | ₫41000.00 | x |
| 2020-12-31 | ₫22538.72 | ₫41000.00 | x |
| 2021-12-31 | ₫25510.67 | ₫41000.00 | x |
| 2022-12-31 | ₫30827.66 | ₫41000.00 | x |
| 2023-12-31 | ₫24550.10 | ₫41000.00 | x |
| 2024-12-31 | ₫23274.90 | ₫41000.00 | x |
| 2025-12-31 | ₫24104.55 | ₫41000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Transimex Saigon Corp 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): 8.47%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.15%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 2.06x
- Recent ROE (8.47%) is below the historical average (11.56%), 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 | 12.47% | 9.17% | 0.71x | 1.92x | ₫42.50 Billion |
| 2020 | 14.84% | 9.17% | 0.87x | 1.86x | ₫102.24 Billion |
| 2021 | 18.37% | 8.94% | 1.11x | 1.85x | ₫260.05 Billion |
| 2022 | 17.61% | 18.11% | 0.65x | 1.48x | ₫285.45 Billion |
| 2023 | 4.12% | 6.70% | 0.32x | 1.93x | ₫-228.48 Billion |
| 2024 | 5.04% | 6.09% | 0.40x | 2.09x | ₫-199.43 Billion |
| 2025 | 8.47% | 10.15% | 0.40x | 2.06x | ₫-63.55 Billion |
Industry Comparison
This section compares Transimex Saigon Corp's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $1,698,359,164,012
- Average return on equity (ROE) among peers: 32.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Transimex Saigon Corp (TMS) | ₫5.23 Trillion | 12.47% | 0.64x | $276.80 Million |
| NoiBai Cargo Terminal Services JSC (NCT) | $710.24 Billion | 54.56% | 0.37x | $84.14 Million |
| South Logistics JSC (STG) | $2.69 Trillion | 10.94% | 0.35x | $866.01K |