Southern Rubber Industry JSC
The Southern Rubber Industry Joint Stock Company engages in the manufacture and trading of industrial and commercial rubber products in South East Asia and internationally. The company offers bicycle, motorcycle, truck, e-vehicle, and specific tires and tubes; passenger car radial tires; and ADVENZA PCR tires, as well as retread tires, gloves, and technical tires. It is also involved in the tradi… Read more
Southern Rubber Industry JSC (CSM) - Total Assets
Latest total assets as of December 2025: ₫3.82 Trillion VND
Based on the latest financial reports, Southern Rubber Industry JSC (CSM) holds total assets worth ₫3.82 Trillion VND as of December 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Southern Rubber Industry JSC - Total Assets Trend (2019–2025)
This chart illustrates how Southern Rubber Industry JSC’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Southern Rubber Industry JSC - Asset Composition Analysis
Current Asset Composition (December 2025)
Southern Rubber Industry JSC's total assets of ₫3.82 Trillion consist of 79.3% current assets and 20.7% non-current assets.
| Asset Category | Amount (VND) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₫0.00 | 13.0% |
| Accounts Receivable | ₫468.26 Billion | 12.2% |
| Inventory | ₫1.37 Trillion | 35.7% |
| Property, Plant & Equipment | ₫0.00 | 0.0% |
| Intangible Assets | ₫78.98 Billion | 2.1% |
| Goodwill | ₫0.00 | 0.0% |
Asset Composition Trend (2019–2025)
This chart illustrates how Southern Rubber Industry JSC's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Southern Rubber Industry JSC's current assets represent 79.3% of total assets in 2025, an increase from 56.9% in 2019.
- Cash Position: Cash and equivalents constituted 13.0% of total assets in 2025, up from 1.6% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, unchanged from 2.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 35.7% of total assets.
Southern Rubber Industry JSC Competitors by Total Assets
Key competitors of Southern Rubber Industry JSC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
Southern Rubber Industry JSC - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Southern Rubber Industry JSC generates 1.07x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Southern Rubber Industry JSC generates $ 1.27 in net profit.
Southern Rubber Industry JSC - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.27 | 1.22 | 1.05 |
| Quick Ratio | 0.70 | 0.71 | 0.47 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₫643.11 Billion | ₫ 523.15 Billion | ₫ 162.58 Billion |
Southern Rubber Industry JSC - Advanced Valuation Insights
This section examines the relationship between Southern Rubber Industry JSC's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.95 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 0.2% |
| Total Assets | ₫3.82 Trillion |
| Market Capitalization | $45.04 Million USD |
Valuation Analysis
Below Book Valuation: The market values Southern Rubber Industry JSC's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Southern Rubber Industry JSC's assets grew by 0.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Southern Rubber Industry JSC (2019–2025)
The table below shows the annual total assets of Southern Rubber Industry JSC from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ₫3.82 Trillion | +0.17% |
| 2024-12-31 | ₫3.82 Trillion | -1.72% |
| 2023-12-31 | ₫3.88 Trillion | -7.61% |
| 2022-12-31 | ₫4.20 Trillion | +1.23% |
| 2021-12-31 | ₫4.15 Trillion | +8.92% |
| 2020-12-31 | ₫3.81 Trillion | -0.07% |
| 2019-12-31 | ₫3.82 Trillion | -- |