Hoa Phat Group JSC (HPG) - Total Assets
Based on the latest financial reports, Hoa Phat Group JSC (HPG) holds total assets worth ₫259.33 Trillion VND (≈ $9.85 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 HPG operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Hoa Phat Group JSC - Total Assets Trend (2018–2025)
This chart illustrates how Hoa Phat Group JSC's total assets have evolved over time, based on quarterly financial data. See HPG book value for net asset value and shareholders' equity analysis.
Hoa Phat Group JSC - Asset Composition Analysis
Current Asset Composition (December 2025)
Hoa Phat Group JSC's total assets of ₫259.33 Trillion consist of 40.2% current assets and 59.8% non-current assets.
| Asset Category | Amount (VND) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₫0.00 | 3.2% |
| Accounts Receivable | ₫10.97 Trillion | 4.3% |
| Inventory | ₫52.83 Trillion | 20.5% |
| Property, Plant & Equipment | ₫0.00 | 0.0% |
| Intangible Assets | ₫187.21 Billion | 0.1% |
| Goodwill | ₫51.51 Billion | 0.0% |
Asset Composition Trend (2018–2025)
This chart illustrates how Hoa Phat 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 how much is Hoa Phat Group JSC worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hoa Phat Group JSC's current assets represent 40.2% of total assets in 2025, an increase from 32.4% in 2018.
- Cash Position: Cash and equivalents constituted 3.2% of total assets in 2025, the same as 3.2% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is inventory at 20.5% of total assets.
Hoa Phat Group JSC Competitors by Total Assets
Key competitors of Hoa Phat Group JSC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tata Steel Limited
NSE:TATASTEEL
|
India | Rs3.01 Trillion |
|
Nanjing Iron & Steel Co Ltd
SHG:600282
|
China | CN¥70.14 Billion |
|
Yongxing Special Stainless Steel Co Ltd
SHE:002756
|
China | CN¥15.11 Billion |
|
Worthington Steel Inc
NYSE:WS
|
USA | $2.32 Billion |
|
Jai Balaji Industries Limited
NSE:JAIBALAJI
|
India | Rs40.77 Billion |
|
Rajratan Global Wire Limited
NSE:RAJRATAN
|
India | Rs11.59 Billion |
|
The Orissa Minerals Development Company Limited
NSE:ORISSAMINE
|
India | Rs5.00 Billion |
|
Gaon Group Ltd
TA:GAGR
|
Israel | ILA1.10 Billion |
Hoa Phat 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 | 1.21 | 1.15 | 1.28 |
| Quick Ratio | 0.70 | 0.55 | 0.67 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₫18.00 Trillion | ₫11.62 Trillion | ₫26.61 Trillion |
Hoa Phat Group JSC - Advanced Valuation Insights
This section examines the relationship between Hoa Phat 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 | 1.53 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 14.9% |
| Total Assets | ₫257.90 Trillion |
| Market Capitalization | $6.33 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Hoa Phat Group JSC's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Hoa Phat Group JSC's assets grew by 14.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Hoa Phat Group JSC (2018–2025)
The table below shows the annual total assets of Hoa Phat Group JSC from 2018 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ₫257.90 Trillion ≈ $9.80 Billion |
+14.91% |
| 2024-12-31 | ₫224.44 Trillion ≈ $8.53 Billion |
+19.52% |
| 2023-12-31 | ₫187.78 Trillion ≈ $7.13 Billion |
+10.24% |
| 2022-12-31 | ₫170.34 Trillion ≈ $6.47 Billion |
-4.43% |
| 2021-12-31 | ₫178.24 Trillion ≈ $6.77 Billion |
+35.53% |
| 2020-12-31 | ₫131.51 Trillion ≈ $5.00 Billion |
+29.22% |
| 2019-12-31 | ₫101.78 Trillion ≈ $3.87 Billion |
+130115098567913.31% |
| 2018-12-31 | ₫78.22 ≈ $0.00 |
-- |
About Hoa Phat Group JSC
Hoa Phat Group Joint Stock Company produces and sells steel products in Vietnam. It engages in financial investments; integrated investment in construction; exploration and exploitation of minerals, metal ores, sand, stones, and gravel; production of cast iron, steel, structural metal products, tanks, reservoirs, containers, plated and non-plated steel pipes, inox pipes, rolled steel, roofing she… Read more