Gemadept Corp (GMD) - Total Assets
Based on the latest financial reports, Gemadept Corp (GMD) holds total assets worth ₫20.18 Trillion VND (≈ $766.78 Million 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 GMD debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Gemadept Corp - Total Assets Trend (2019–2025)
This chart illustrates how Gemadept Corp's total assets have evolved over time, based on quarterly financial data. See Gemadept Corp book value and equity for net asset value and shareholders' equity analysis.
Gemadept Corp - Asset Composition Analysis
Current Asset Composition (December 2025)
Gemadept Corp's total assets of ₫20.18 Trillion consist of 30.9% current assets and 69.1% non-current assets.
| Asset Category | Amount (VND) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₫0.00 | 8.2% |
| Accounts Receivable | ₫673.78 Billion | 3.4% |
| Inventory | ₫86.48 Billion | 0.4% |
| Property, Plant & Equipment | ₫0.00 | 0.0% |
| Intangible Assets | ₫1.50 Trillion | 7.6% |
| Goodwill | ₫155.05 Billion | 0.8% |
Asset Composition Trend (2019–2025)
This chart illustrates how Gemadept Corp'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 Gemadept Corp (GMD) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Gemadept Corp's current assets represent 30.9% of total assets in 2025, an increase from 11.7% in 2019.
- Cash Position: Cash and equivalents constituted 8.2% of total assets in 2025, up from 1.8% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 4.0% in 2019.
- Asset Diversification: The largest asset category is intangible assets at 7.6% of total assets.
Gemadept Corp Competitors by Total Assets
Key competitors of Gemadept Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
GZ Port
SHG:601228
|
China | CN¥55.40 Billion |
|
Hafnia Limited
NYSE:HAFN
|
USA | $3.57 Billion |
|
Costamare Inc
NYSE:CMRE
|
USA | $3.92 Billion |
|
Westshore Terminals Investment Corp
TO:WTE
|
Canada | CA$2.59 Billion |
|
Okeanis Eco Tankers Corp.
NYSE:ECO
|
USA | $1.07 Billion |
|
Rizhao Port Co Ltd
SHG:600017
|
China | CN¥39.87 Billion |
|
Himalaya Shipping Ltd.
NYSE:HSHP
|
USA | $849.60 Million |
|
Nanjing Port Co Ltd
SHE:002040
|
China | CN¥5.38 Billion |
Gemadept Corp - 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 | 2.98 | 3.15 | 0.99 |
| Quick Ratio | 2.93 | 3.11 | 0.95 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₫4.15 Trillion | ₫4.28 Trillion | ₫-15.35 Billion |
Gemadept Corp - Advanced Valuation Insights
This section examines the relationship between Gemadept Corp'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 | 2.38 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 10.0% |
| Total Assets | ₫19.78 Trillion |
| Market Capitalization | $1.23 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Gemadept Corp's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Gemadept Corp's assets grew by 10.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Gemadept Corp (2019–2025)
The table below shows the annual total assets of Gemadept Corp from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ₫19.78 Trillion ≈ $751.42 Million |
+9.96% |
| 2024-12-31 | ₫17.99 Trillion ≈ $683.34 Million |
+32.77% |
| 2023-12-31 | ₫13.55 Trillion ≈ $514.67 Million |
+3.96% |
| 2022-12-31 | ₫13.03 Trillion ≈ $495.09 Million |
+21.43% |
| 2021-12-31 | ₫10.73 Trillion ≈ $407.72 Million |
+9.12% |
| 2020-12-31 | ₫9.83 Trillion ≈ $373.65 Million |
-2.82% |
| 2019-12-31 | ₫10.12 Trillion ≈ $384.49 Million |
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About Gemadept Corp
Gemadept Group Corporation engages in the port operation and logistics businesses in Vietnam and internationally. It operates the Phuoc Long ICD, Nam Dinh Vu, Dung Quat, Binh Duong, Nam Hai ICD, and Gemalink Deep-sea ports, as well as air cargo terminals, distribution centers, and cold storage facilities. The company also provides project cargo transport, shipping, imported car logistics, and PDI… Read more