Vietnam Construction and Import Export JSC (VCG) - Net Assets
Based on the latest financial reports, Vietnam Construction and Import Export JSC (VCG) has net assets worth ₫12.58 Trillion VND (≈ $477.82 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₫31.53 Trillion ≈ $1.20 Billion USD) and total liabilities (₫18.95 Trillion ≈ $720.12 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 how resilient are Vietnam Construction and Import Export J's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₫12.58 Trillion |
| % of Total Assets | 39.89% |
| Annual Growth Rate | 8.43% |
| 5-Year Change | 64.88% |
| 10-Year Change | N/A |
| Growth Volatility | 11.38 |
Vietnam Construction and Import Export JSC - Net Assets Trend (2019–2025)
This chart illustrates how Vietnam Construction and Import Export JSC's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Vietnam Construction and Import Export J for the complete picture of this company's asset base.
Annual Net Assets for Vietnam Construction and Import Export JSC (2019–2025)
The table below shows the annual net assets of Vietnam Construction and Import Export JSC from 2019 to 2025. For live valuation and market cap data, see Vietnam Construction and Import Export J market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫12.58 Trillion ≈ $477.82 Million |
+13.14% |
| 2024-12-31 | ₫11.12 Trillion ≈ $422.34 Million |
+8.54% |
| 2023-12-31 | ₫10.24 Trillion ≈ $389.10 Million |
+3.13% |
| 2022-12-31 | ₫9.93 Trillion ≈ $377.30 Million |
+30.19% |
| 2021-12-31 | ₫7.63 Trillion ≈ $289.80 Million |
+6.48% |
| 2020-12-31 | ₫7.16 Trillion ≈ $272.16 Million |
-7.43% |
| 2019-12-31 | ₫7.74 Trillion ≈ $294.01 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Vietnam Construction and Import Export 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 156.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫4.76 Trillion | 41.04% |
| Other Components | ₫6.84 Trillion | 58.96% |
| Total Equity | ₫11.60 Trillion | 100.00% |
Vietnam Construction and Import Export JSC Competitors by Market Cap
The table below lists competitors of Vietnam Construction and Import Export JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tibet Aim Pharm Inc
SHE:002826
|
$544.09 Million |
|
Ningbo Fangzheng Automobile Mould Co.Ltd.
SHE:300998
|
$544.16 Million |
|
C.E. Info Systems Limited
NSE:MAPMYINDIA
|
$544.27 Million |
|
Hangzhou Seck Intelligent Tech Co
SHE:300897
|
$544.56 Million |
|
India Tourism Development Corporation Limited
NSE:ITDC
|
$544.02 Million |
|
SAPPI LTD ADR/1 RC 1
F:SPIA
|
$543.97 Million |
|
Dare Technology Co Ltd
SHE:000910
|
$543.89 Million |
|
Caisse Regionale de Credit Agricole Mutuel Brie Picardie
PA:CRBP2
|
$543.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vietnam Construction and Import Export JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,160,434,795,380 to 11,603,912,000,496, a change of 3,443,477,205,116 (42.2%).
- Net income of 3,932,837,795,496 contributed positively to equity growth.
- Dividend payments of 563,069,158,834 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫3.93 Trillion | +33.89% |
| Dividends Paid | ₫563.07 Billion | -4.85% |
| Other Changes | ₫73.71 Billion | +0.64% |
| Total Change | ₫- | 42.20% |
Book Value vs Market Value Analysis
This analysis compares Vietnam Construction and Import Export 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: 1.75x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.44x to 1.75x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ₫15384.98 | ₫22150.00 | x |
| 2020-12-31 | ₫14403.71 | ₫22150.00 | x |
| 2021-12-31 | ₫12386.09 | ₫22150.00 | x |
| 2022-12-31 | ₫12827.92 | ₫22150.00 | x |
| 2023-12-31 | ₫13569.12 | ₫22150.00 | x |
| 2024-12-31 | ₫12622.85 | ₫22150.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vietnam Construction and Import Export 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): 33.89%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.48%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 2.72x
- Recent ROE (33.89%) is above the historical average (14.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 10.06% | 7.19% | 0.49x | 2.84x | ₫4.01 Billion |
| 2020 | 25.22% | 28.91% | 0.28x | 3.08x | ₫968.44 Billion |
| 2021 | 5.96% | 6.86% | 0.19x | 4.68x | ₫-267.71 Billion |
| 2022 | 11.41% | 9.25% | 0.26x | 4.67x | ₫96.67 Billion |
| 2023 | 5.56% | 3.18% | 0.41x | 4.23x | ₫-321.72 Billion |
| 2024 | 11.35% | 7.20% | 0.44x | 3.61x | ₫110.50 Billion |
| 2025 | 33.89% | 24.48% | 0.51x | 2.72x | ₫2.77 Trillion |
Industry Comparison
This section compares Vietnam Construction and Import Export JSC's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $19,373,189,812,006
- Average return on equity (ROE) among peers: -12.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vietnam Construction and Import Export JSC (VCG) | ₫12.58 Trillion | 10.06% | 1.51x | $544.05 Million |
| Bamboo Capital JSC (BCG) | $55.58 Trillion | 1.10% | 0.00x | $84.61 Million |
| Duc Long Gia Lai Group JSC (DLG) | $1.11 Trillion | -109.95% | 4.06x | $31.39 Million |
| Masan Group Corp (MSN) | $51.89 Trillion | 10.71% | 0.88x | $4.22 Billion |
| Ocean Group JSC (OGC) | $1.06 Trillion | 3.80% | 1.81x | $34.19 Million |
| Phu Tai JSC (PTB) | $1.99 Trillion | 18.01% | 1.40x | $146.02 Million |
| Sam Holdings Corp (SAM) | $4.60 Trillion | 0.06% | 0.57x | $97.59 Million |
About Vietnam Construction and Import Export JSC
Vietnam Construction and Import-Export Joint Stock Corporation, together with its subsidiaries, engages in construction and property development activities in Vietnam and internationally. The company undertakes various projects, including civil, industrial, transport, airport, harbor, irrigational, underground, sport, leisure and entertainment, tourism, hotels, office buildings, schools, hospital… Read more