Viet Nam International Commercial Joint Stock Bank (VIB) - Net Assets
Based on the latest financial reports, Viet Nam International Commercial Joint Stock Bank (VIB) has net assets worth ₫43.63 Trillion VND (≈ $1.66 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₫530.91 Trillion ≈ $20.17 Billion USD) and total liabilities (₫487.28 Trillion ≈ $18.51 Billion 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. Read Viet Nam International Commercial Joint (VIB) financial obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₫43.63 Trillion |
| % of Total Assets | 8.22% |
| Annual Growth Rate | 23.54% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 10.96 |
Viet Nam International Commercial Joint Stock Bank - Net Assets Trend (2020–2024)
This chart illustrates how Viet Nam International Commercial Joint Stock Bank's net assets have evolved over time, based on quarterly financial data. Also explore Viet Nam International Commercial Joint total assets for the complete picture of this company's asset base.
Annual Net Assets for Viet Nam International Commercial Joint Stock Bank (2020–2024)
The table below shows the annual net assets of Viet Nam International Commercial Joint Stock Bank from 2020 to 2024. For live valuation and market cap data, see Viet Nam International Commercial Joint (VIB) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₫41.86 Trillion ≈ $1.59 Billion |
+10.34% |
| 2023-12-31 | ₫37.94 Trillion ≈ $1.44 Billion |
+16.20% |
| 2022-12-31 | ₫32.65 Trillion ≈ $1.24 Billion |
+34.42% |
| 2021-12-31 | ₫24.29 Trillion ≈ $922.90 Million |
+35.15% |
| 2020-12-31 | ₫17.97 Trillion ≈ $682.90 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Viet Nam International 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 12.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫7.74 Trillion | 18.48% |
| Other Components | ₫34.13 Trillion | 81.52% |
| Total Equity | ₫41.86 Trillion | 100.00% |
Viet Nam International Commercial Joint Stock Bank Competitors by Market Cap
The table below lists competitors of Viet Nam International Commercial Joint Stock Bank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aurora Optoelectronics Co Ltd
SHG:600666
|
$2.11 Billion |
|
SHARP CORP. ADR/1 O.N.
F:SRPB
|
$2.11 Billion |
|
IIFL Finance Limited
NSE:IIFL
|
$2.11 Billion |
|
McGraw Hill, Inc.
NYSE:MH
|
$2.11 Billion |
|
TietoEVRY Corp
HE:TIETO
|
$2.11 Billion |
|
Ruentex Development Co Ltd
TW:9945
|
$2.11 Billion |
|
Compania Cervecerias Unidas SA
SN:CCU
|
$2.11 Billion |
|
Hunan Zhongke Electric
SHE:300035
|
$2.11 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Viet Nam International Commercial Joint Stock Bank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 37,939,587,000,000 to 41,861,809,000,000, a change of 3,922,222,000,000 (10.3%).
- Net income of 7,204,467,000,000 contributed positively to equity growth.
- Dividend payments of 3,171,009,000,000 reduced retained earnings.
- New share issuances of 134,000,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫7.20 Trillion | +17.21% |
| Dividends Paid | ₫3.17 Trillion | -7.57% |
| Share Issuances | ₫134.00 Million | +0.0% |
| Other Changes | ₫-111.37 Billion | -0.27% |
| Total Change | ₫- | 10.34% |
Book Value vs Market Value Analysis
This analysis compares Viet Nam International 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: 1.32x
- 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 1.32x 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 | ₫6105.59 | ₫16300.00 | x |
| 2023-12-31 | ₫11212.81 | ₫16300.00 | x |
| 2024-12-31 | ₫12326.05 | ₫16300.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Viet Nam International 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): 17.21%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 37.23%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 11.78x
- Recent ROE (17.21%) is below the historical average (23.59%), 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 | 25.83% | 42.17% | 0.04x | 13.61x | ₫2.84 Trillion |
| 2021 | 26.39% | 43.65% | 0.05x | 12.74x | ₫3.98 Trillion |
| 2022 | 25.94% | 47.90% | 0.05x | 10.50x | ₫5.20 Trillion |
| 2023 | 22.57% | 39.84% | 0.05x | 10.80x | ₫4.77 Trillion |
| 2024 | 17.21% | 37.23% | 0.04x | 11.78x | ₫3.02 Trillion |
Industry Comparison
This section compares Viet Nam International 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: $58,244,888,200,000
- Average return on equity (ROE) among peers: 16.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Viet Nam International Commercial Joint Stock Bank (VIB) | ₫43.63 Trillion | 25.83% | 11.17x | $2.11 Billion |
| Asia Commercial Bank (ACB) | $27.77 Trillion | 21.65% | 12.81x | $4.59 Billion |
| Joint Stock Commercial Bank for Investment and Development of Vietnam (BID) | $104.19 Trillion | 17.43% | 19.35x | $10.70 Billion |
| Vietnam JSCmmercial Bank for Industry and Trade (CTG) | $93.65 Trillion | 15.04% | 15.35x | $10.31 Billion |
| Vietnam Export Import Commercial Joint Stock Bank (EIB) | $22.44 Trillion | 9.65% | 7.97x | $1.54 Billion |
| Ho Chi Minh City Development Joint Stock Commercial Bank (HDB) | $30.79 Trillion | 19.66% | 11.17x | $5.06 Billion |
| Lien Viet Post Joint Stock Commercial Bank (LPB) | $43.34 Trillion | 22.43% | 10.73x | $5.37 Billion |
| Military Commercial Joint Stock Bank (MBB) | $62.49 Trillion | 20.32% | 8.72x | $7.97 Billion |
| Sai Gon Ha Noi Commercial Joint Stock Bank (SHB) | $50.10 Trillion | 14.62% | 11.59x | $2.58 Billion |
| Sai Gon Thuong Tin Commercial Joint Stock Bank (STB) | $34.26 Trillion | 9.96% | 14.21x | $4.83 Billion |
| Vietnam Technological And Commercial Joint Stock Bank (TCB) | $113.42 Trillion | 18.70% | 5.16x | $9.11 Billion |
About Viet Nam International Commercial Joint Stock Bank
Vietnam International Commercial Joint Stock Bank provides various banking products and services to organizations and individuals primarily in Vietnam. The company offers current, business, and digi accounts; term, foreign term, and flexi deposits; savings; mortgage, new and used auto purchase, apartment, home refinancing, unsecured personal, working capital, and business investment loans; and sh… Read more