Southern Rubber Industry JSC (CSM) — Tangible Net Worth Ratio

Latest as of December 2025: 94.2%

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 short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

94.2%
Tangible equity / total equity

Net Assets (Equity)

₫1.37 Trillion
VND

Intangible Assets

₫78.98 Billion
Goodwill, patents, brand value

Total Assets

₫3.82 Trillion
VND

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. See how many days can Southern Rubber Industry JSC fund operations to measure how many days the company can operate on defensive assets alone.

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 Southern Rubber Industry JSC (CSM) market capitalisation.

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
pp = percentage points