Vietnam Airlines JSC (HVN) — Tangible Net Worth Ratio
Vietnam Airlines JSC (HVN) has a Tangible Net Worth Ratio of 65.2% as of December 2021. This metric is calculated by deducting intangible assets (₫182.26 Billion) from net assets (₫524.21 Billion) 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 Vietnam Airlines JSC book value and equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Vietnam Airlines JSC Tangible Net Worth Ratio (2019–2021)
This chart shows how Vietnam Airlines JSC's Tangible Net Worth Ratio has changed across 3 annual periods from 2019 to 2021. As of December 2021, the ratio stands at 65.2%, reflecting net assets of ₫524.21 Billion with intangible assets of ₫182.26 Billion VND. Also explore Vietnam Airlines JSC net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Vietnam Airlines JSC (2019–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for Vietnam Airlines JSC from 2019 to 2021, covering 3 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 HVN market cap overview.
| Year | Tangible NW Ratio | Net Assets (VND) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | 65.2% | ₫524.21 Billion | ₫182.26 Billion | ₫63.06 Trillion | ▼ -31.1 pp |
| 2020 | 96.3% | ₫6.07 Trillion | ₫224.47 Billion | ₫62.56 Trillion | ▼ -2.4 pp |
| 2019 | 98.7% | ₫18.61 Trillion | ₫237.43 Billion | ₫76.45 Trillion | — |