Hoasen Group (HSG) — Tangible Net Worth Ratio
Hoasen Group (HSG) has a Tangible Net Worth Ratio of 97.0% as of June 2026. This metric is calculated by deducting intangible assets (₫351.69 Billion) from net assets (₫11.87 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 HSG net assets growth trend to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Hoasen Group Tangible Net Worth Ratio (2019–2025)
This chart shows how Hoasen Group's Tangible Net Worth Ratio has changed across 7 annual periods from 2019 to 2025. As of June 2026, the ratio stands at 97.0%, reflecting net assets of ₫11.87 Trillion with intangible assets of ₫351.69 Billion VND. For live market cap and overall valuation, see Hoasen Group market capitalisation.
Annual Tangible Net Worth Ratio for Hoasen Group (2019–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Hoasen Group 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. Explore HSG capex to operating 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 | 98.1% | ₫11.34 Trillion | ₫220.28 Billion | ₫18.95 Trillion | ▼ -0.1 pp |
| 2024 | 98.2% | ₫10.91 Trillion | ₫196.16 Billion | ₫19.56 Trillion | ▼ -0.1 pp |
| 2023 | 98.3% | ₫10.78 Trillion | ₫186.94 Billion | ₫17.37 Trillion | ▲ +0.1 pp |
| 2022 | 98.1% | ₫10.88 Trillion | ₫204.21 Billion | ₫17.03 Trillion | ▲ +0.1 pp |
| 2021 | 98.0% | ₫10.83 Trillion | ₫219.25 Billion | ₫26.62 Trillion | ▲ +1.3 pp |
| 2020 | 96.7% | ₫6.59 Trillion | ₫220.16 Billion | ₫17.76 Trillion | ▲ +1.1 pp |
| 2019 | 95.6% | ₫5.47 Trillion | ₫241.24 Billion | ₫17.23 Trillion | — |