Vietnam Petroleum Transport JSC
Vietnam Petroleum Transport Joint Stock Company engages in the transportation of petroleum products in Vietnam and internationally. It operates through Transportation, Trading, and Other segments. The company provides coastal and ocean transport services; maritime services; shipping agency; cargo counting; ship cleaning; sea transport agency; as well as warehousing and bonded warehouse services. … Read more
Vietnam Petroleum Transport JSC (VIP) - Net Assets
Latest net assets as of December 2025: ₫1.28 Trillion VND
Based on the latest financial reports, Vietnam Petroleum Transport JSC (VIP) has net assets worth ₫1.28 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 (₫1.41 Trillion) and total liabilities (₫131.74 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 | ₫1.28 Trillion |
| % of Total Assets | 90.66% |
| Annual Growth Rate | 2.78% |
| 5-Year Change | 18.04% |
| 10-Year Change | N/A |
| Growth Volatility | 7.53 |
Vietnam Petroleum Transport JSC - Net Assets Trend (2019–2025)
This chart illustrates how Vietnam Petroleum Transport 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 Vietnam Petroleum Transport JSC (2019–2025)
The table below shows the annual net assets of Vietnam Petroleum Transport JSC from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₫1.28 Trillion | -0.22% |
| 2024-12-31 | ₫1.28 Trillion | +0.57% |
| 2023-12-31 | ₫1.27 Trillion | -1.69% |
| 2022-12-31 | ₫1.30 Trillion | +19.64% |
| 2021-12-31 | ₫1.08 Trillion | -1.79% |
| 2020-12-31 | ₫1.10 Trillion | +1.70% |
| 2019-12-31 | ₫1.09 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vietnam Petroleum Transport 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 151.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₫277.19 Billion | 21.67% |
| Other Components | ₫1.00 Trillion | 78.33% |
| Total Equity | ₫1.28 Trillion | 100.00% |
Vietnam Petroleum Transport JSC Competitors by Market Cap
The table below lists competitors of Vietnam Petroleum Transport JSC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Corpovael S.A.B. de C.V
MX:CADUA
|
$29.63 Million |
|
Orca Energy Group Inc
PINK:ORXGF
|
$29.64 Million |
|
Panin Sekuritas Tbk
JK:PANS
|
$29.64 Million |
|
Home Federal Bancorp Louisiana
NASDAQ:HFBL
|
$29.65 Million |
|
Lucky Royal Co., Ltd.
TW:7791
|
$29.61 Million |
|
INC Research Holdings Inc
NASDAQ:INCR
|
$29.61 Million |
|
Alquiber Quality SA
MC:ALQ
|
$29.61 Million |
|
Nordisk Bergteknik AB Series B
ST:NORB-B
|
$29.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vietnam Petroleum Transport JSC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,282,003,432,436 to 1,279,194,470,102, a change of -2,808,962,334 (-0.2%).
- Net income of 85,810,899,666 contributed positively to equity growth.
- Dividend payments of 68,454,241,140 reduced retained earnings.
- Other factors decreased equity by 20,165,620,860.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₫85.81 Billion | +6.71% |
| Dividends Paid | ₫68.45 Billion | -5.35% |
| Other Changes | ₫-20.17 Billion | -1.58% |
| Total Change | ₫- | -0.22% |
Book Value vs Market Value Analysis
This analysis compares Vietnam Petroleum Transport 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: 0.65x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ₫16573.07 | ₫12100.00 | x |
| 2020-12-31 | ₫16854.13 | ₫12100.00 | x |
| 2021-12-31 | ₫15827.23 | ₫12100.00 | x |
| 2022-12-31 | ₫18936.37 | ₫12100.00 | x |
| 2023-12-31 | ₫18616.81 | ₫12100.00 | x |
| 2024-12-31 | ₫18723.32 | ₫12100.00 | x |
| 2025-12-31 | ₫18682.30 | ₫12100.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vietnam Petroleum Transport 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): 6.71%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.13%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.10x
- Recent ROE (6.71%) is below the historical average (8.38%), 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 | 12.00% | 20.68% | 0.44x | 1.32x | ₫21.73 Billion |
| 2020 | 5.80% | 12.39% | 0.32x | 1.45x | ₫-46.29 Billion |
| 2021 | 0.97% | 1.54% | 0.46x | 1.36x | ₫-97.87 Billion |
| 2022 | 19.09% | 28.25% | 0.60x | 1.13x | ₫117.89 Billion |
| 2023 | 6.82% | 15.82% | 0.39x | 1.12x | ₫-40.53 Billion |
| 2024 | 7.25% | 16.30% | 0.41x | 1.09x | ₫-35.29 Billion |
| 2025 | 6.71% | 14.13% | 0.43x | 1.10x | ₫-42.11 Billion |
Industry Comparison
This section compares Vietnam Petroleum Transport JSC's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $3,732,469,558,844
- Average return on equity (ROE) among peers: 17.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vietnam Petroleum Transport JSC (VIP) | ₫1.28 Trillion | 12.00% | 0.10x | $29.62 Million |
| Dinhvu Port Investment Development JSC (DVP) | $1.38 Trillion | 24.03% | 0.19x | $100.63 Million |
| Gemadept Corp (GMD) | $7.04 Trillion | 8.69% | 0.52x | $1.03 Billion |
| Hai An Transport and Stevedoring JSC (HAH) | $1.90 Trillion | 23.42% | 0.70x | $274.97 Million |
| Dong Nai Port JSC (PDN) | $1.49 Trillion | 29.39% | 0.24x | $235.10 Million |
| PetroVietnam Transportation Corp (PVT) | $5.69 Trillion | 12.12% | 0.93x | $224.49 Million |
| Vietnam Container Shipping JSC (VSC) | $4.90 Trillion | 6.87% | 0.59x | $251.13 Million |