An Phat Holdings JSC (APH) — Tangible Net Worth Ratio
An Phat Holdings JSC (APH) has a Tangible Net Worth Ratio of 97.8% as of December 2025. This metric is calculated by deducting intangible assets (₫129.81 Billion) from net assets (₫5.80 Trillion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore An Phat Holdings JSC annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
An Phat Holdings JSC Tangible Net Worth Ratio (2021–2025)
This chart shows how An Phat Holdings JSC's Tangible Net Worth Ratio has changed across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at 97.8%, reflecting net assets of ₫5.80 Trillion with intangible assets of ₫129.81 Billion VND. For live market cap and overall valuation, see An Phat Holdings JSC (APH) market capitalisation.
Annual Tangible Net Worth Ratio for An Phat Holdings JSC (2021–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for An Phat Holdings JSC from 2021 to 2025, covering 5 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore An Phat Holdings JSC capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (VND) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 97.8% | ₫5.80 Trillion | ₫129.81 Billion | ₫12.61 Trillion | ▲ +13.6 pp |
| 2024 | 84.1% | ₫5.92 Trillion | ₫939.59 Billion | ₫13.44 Trillion | ▲ +0.7 pp |
| 2023 | 83.4% | ₫5.73 Trillion | ₫951.69 Billion | ₫12.37 Trillion | ▼ -8.9 pp |
| 2022 | 92.2% | ₫6.26 Trillion | ₫485.19 Billion | ₫12.55 Trillion | ▼ -0.2 pp |
| 2021 | 92.4% | ₫5.94 Trillion | ₫448.85 Billion | ₫12.33 Trillion | — |