Southern Rubber Industry JSC (CSM) — Tangible Net Worth Ratio
Southern Rubber Industry JSC (CSM) has a Tangible Net Worth Ratio of 94.2% as of December 2025. This metric is calculated by deducting intangible assets (₫78.98 Billion) from net assets (₫1.37 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. See Southern Rubber Industry JSC net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Southern Rubber Industry JSC Tangible Net Worth Ratio (2019–2025)
This chart shows how Southern Rubber Industry JSC's Tangible Net Worth Ratio has changed across 7 annual periods from 2019 to 2025. As of December 2025, the ratio stands at 94.2%, reflecting net assets of ₫1.37 Trillion with intangible assets of ₫78.98 Billion VND. Also explore CSM shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Southern Rubber Industry JSC (2019–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Southern Rubber Industry JSC from 2019 to 2025, covering 7 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. For the full company profile including market capitalisation, see market cap of Southern Rubber Industry JSC.
| Year | Tangible NW Ratio | Net Assets (VND) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 94.2% | ₫1.37 Trillion | ₫78.98 Billion | ₫3.82 Trillion | ▲ +0.2 pp |
| 2024 | 94.0% | ₫1.36 Trillion | ₫81.57 Billion | ₫3.82 Trillion | ▲ +0.3 pp |
| 2023 | 93.7% | ₫1.32 Trillion | ₫83.77 Billion | ₫3.88 Trillion | ▲ +0.3 pp |
| 2022 | 93.4% | ₫1.30 Trillion | ₫86.16 Billion | ₫4.20 Trillion | ▲ +0.4 pp |
| 2021 | 93.0% | ₫1.26 Trillion | ₫88.56 Billion | ₫4.15 Trillion | ▲ +0.1 pp |
| 2020 | 92.9% | ₫1.28 Trillion | ₫90.95 Billion | ₫3.81 Trillion | ▲ +0.4 pp |
| 2019 | 92.5% | ₫1.24 Trillion | ₫93.35 Billion | ₫3.82 Trillion | — |