Gelex Group JSC (GEX) - Total Assets
Based on the latest financial reports, Gelex Group JSC (GEX) holds total assets worth ₫87.02 Trillion VND (≈ $3.31 Billion USD) as of March 2026. 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. Explore Gelex Group JSC cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Gelex Group JSC - Total Assets Trend (2019–2025)
This chart illustrates how Gelex Group JSC's total assets have evolved over time, based on quarterly financial data. See Gelex Group JSC (GEX) net assets for net asset value and shareholders' equity analysis.
Gelex Group JSC - Asset Composition Analysis
Current Asset Composition (December 2025)
Gelex Group JSC's total assets of ₫87.02 Trillion consist of 53.6% current assets and 46.5% non-current assets.
| Asset Category | Amount (VND) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₫0.00 | 11.8% |
| Accounts Receivable | ₫2.49 Trillion | 3.4% |
| Inventory | ₫14.46 Trillion | 19.7% |
| Property, Plant & Equipment | ₫0.00 | 0.0% |
| Intangible Assets | ₫642.28 Billion | 0.9% |
| Goodwill | ₫959.25 Billion | 1.3% |
Asset Composition Trend (2019–2025)
This chart illustrates how Gelex Group 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. For live market cap, price, and company overview, see Gelex Group JSC market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Gelex Group JSC's current assets represent 53.6% of total assets in 2025, an increase from 39.4% in 2019.
- Cash Position: Cash and equivalents constituted 11.8% of total assets in 2025, up from 4.3% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 6.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 19.7% of total assets.
Gelex Group JSC Competitors by Total Assets
Key competitors of Gelex Group JSC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wolong Electric Group Co Ltd
SHG:600580
|
China | CN¥25.17 Billion |
|
Ecopro BM. Co. Ltd
KQ:247540
|
Korea | ₩4.62 Trillion |
|
Dongguan Dingtong Precision Metal Co. Ltd. A
SHG:688668
|
China | CN¥2.74 Billion |
|
China Southern Power Grid Technology Co Ltd
SHG:688248
|
China | CN¥4.81 Billion |
|
Beijing Easpring Material Tech
SHE:300073
|
China | CN¥20.31 Billion |
|
Shenzhen Honor Electronic Co Ltd
SHE:300870
|
China | CN¥5.61 Billion |
|
Hangzhou Zhongheng Electric Co Ltd
SHE:002364
|
China | CN¥3.90 Billion |
|
Changshu Tianyin Electromechan
SHE:300342
|
China | CN¥2.09 Billion |
Gelex Group 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 | 1.85 | 1.53 | 1.28 |
| Quick Ratio | 1.12 | 0.96 | 0.75 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₫22.53 Trillion | ₫8.85 Trillion | ₫5.25 Trillion |
Gelex Group JSC - Advanced Valuation Insights
This section examines the relationship between Gelex Group 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 | 2.20 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 36.7% |
| Total Assets | ₫73.56 Trillion |
| Market Capitalization | $1.27 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Gelex Group JSC's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Gelex Group JSC's assets grew by 36.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Gelex Group JSC (2019–2025)
The table below shows the annual total assets of Gelex Group JSC from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ₫73.56 Trillion ≈ $2.79 Billion |
+36.72% |
| 2024-12-31 | ₫53.80 Trillion ≈ $2.04 Billion |
-2.31% |
| 2023-12-31 | ₫55.08 Trillion ≈ $2.09 Billion |
+5.14% |
| 2022-12-31 | ₫52.38 Trillion ≈ $1.99 Billion |
-14.39% |
| 2021-12-31 | ₫61.19 Trillion ≈ $2.32 Billion |
+125.36% |
| 2020-12-31 | ₫27.15 Trillion ≈ $1.03 Billion |
+27.70% |
| 2019-12-31 | ₫21.26 Trillion ≈ $807.82 Million |
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About Gelex Group JSC
GELEX Group Joint Stock Company primarily engages in the production and sale of electrical equipment principally in Vietnam. The company operates through Industrial Production, Real Estate, and Infrastructure segments. It also offers power cables, transformers, and electrical measuring equipment. In addition, the company invests and develops in sectors, such as energy, industrial real estate, aff… Read more