Song Hong Garment JSC Tangible Net Worth Ratio
Song Hong Garment JSC tangible net worth ratio. Song Hong Garment JSC (MSH) has a Tangible Net Worth Ratio of 99.7% as of December 2025. This metric is calculated by deducting intangible assets (₫7.17 Billion) from net assets (₫2.21 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 Song Hong Garment JSC (MSH) net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Song Hong Garment JSC (2020–2025)
Tangible net worth ratio of Song Hong Garment JSC from 2020 to 2025. This chart shows how Song Hong Garment JSC's Tangible Net Worth Ratio has changed across 6 annual periods from 2020 to 2025. As of December 2025, the ratio stands at 99.7%, reflecting net assets of ₫2.21 Trillion with intangible assets of ₫7.17 Billion VND. Check MSH capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Song Hong Garment JSC Tangible Net Worth Ratio by Year (2020–2025)
Song Hong Garment JSC tangible net worth ratio by year from 2020 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Song Hong Garment JSC from 2020 to 2025, covering 6 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 live market cap and overall valuation, see MSH stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (VND) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.0% | ₫2.21 Trillion | ₫22.32 Billion | ₫4.68 Trillion | ▼ -0.6 pp |
| 2024 | 99.6% | ₫2.06 Trillion | ₫8.47 Billion | ₫4.52 Trillion | ▲ +0.2 pp |
| 2023 | 99.4% | ₫1.81 Trillion | ₫10.74 Billion | ₫3.45 Trillion | ▲ +0.0 pp |
| 2022 | 99.4% | ₫1.72 Trillion | ₫10.47 Billion | ₫3.29 Trillion | ▲ +0.0 pp |
| 2021 | 99.4% | ₫1.50 Trillion | ₫9.29 Billion | ₫3.20 Trillion | ▲ +0.3 pp |
| 2020 | 99.1% | ₫1.44 Trillion | ₫12.98 Billion | ₫2.63 Trillion | — |