Vietnam Airlines JSC Total Assets
Vietnam Airlines JSC total assets. Based on the latest financial reports, Vietnam Airlines JSC (HVN) holds total assets worth ₫62.24 Trillion VND (≈ $2.36 Billion USD) as of June 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. Also see Vietnam Airlines JSC market cap and net worth for the company's overall valuation and market capitalisation.
Total Assets of Vietnam Airlines JSC (2019–2024)
Total assets of Vietnam Airlines JSC from 2019 to 2024. This chart illustrates how Vietnam Airlines JSC's total assets have evolved over time, based on quarterly financial data. See HVN live share price for real-time trading data and today's change.
Vietnam Airlines JSC - Asset Composition Analysis
Vietnam Airlines JSC Total Assets Breakdown (December 2024)
Vietnam Airlines JSC total assets breakdown as of December 2024. Vietnam Airlines JSC's total assets of ₫62.24 Trillion consist of 29.8% current assets and 70.2% non-current assets.
| Asset Category | Amount (VND) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₫0.00 | 8.0% |
| Accounts Receivable | ₫4.66 Trillion | 8.0% |
| Inventory | ₫3.37 Trillion | 5.8% |
| Property, Plant & Equipment | ₫0.00 | 0.0% |
| Intangible Assets | ₫239.34 Billion | 0.4% |
| Goodwill | ₫0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Vietnam Airlines 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. Explore Vietnam Airlines JSC (HVN) working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Vietnam Airlines JSC's current assets represent 29.8% of total assets in 2024, an increase from 25.2% in 2019.
- Cash Position: Cash and equivalents constituted 8.0% of total assets in 2024, up from 3.9% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 8.0% of total assets.
Vietnam Airlines JSC Competitors by Total Assets
Key competitors of Vietnam Airlines JSC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
RYANAIR HLDGS ADR NEW/5
F:RY4D
|
Germany | €16.04 Billion |
|
Virgin Australia Holdings Ltd
AU:VGN
|
Australia | AU$4.87 Billion |
|
Tigerair Taiwan Co. Ltd.
TW:6757
|
Taiwan | NT$28.69 Billion |
|
Qantas Airways Ltd
AU:QAN
|
Australia | AU$23.89 Billion |
|
Air New Zealand Ltd
AU:AIZ
|
Australia | AU$9.14 Billion |
|
Regional Express Holdings Ltd
AU:REX
|
Australia | AU$737.16 Million |
|
Exchange Income Corporation
TO:EIF
|
Canada | CA$5.23 Billion |
|
Air Canada
TO:AC
|
Canada | CA$33.09 Billion |
Vietnam Airlines 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 | 0.38 | 0.29 | 0.31 |
| Quick Ratio | 0.32 | 0.23 | 0.22 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₫-35.23 Trillion | ₫-40.69 Trillion | ₫-36.43 Trillion |
Vietnam Airlines JSC - Advanced Valuation Insights
This section examines the relationship between Vietnam Airlines 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 | 13.26 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 0.8% |
| Total Assets | ₫58.19 Trillion |
| Market Capitalization | $2.33 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Vietnam Airlines JSC's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Vietnam Airlines JSC's assets grew by 0.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Vietnam Airlines JSC (2019–2024)
The table below shows the annual total assets of Vietnam Airlines JSC from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₫58.19 Trillion ≈ $2.21 Billion |
+0.81% |
| 2023-12-31 | ₫57.72 Trillion ≈ $2.19 Billion |
-4.81% |
| 2022-12-31 | ₫60.64 Trillion ≈ $2.30 Billion |
-3.84% |
| 2021-12-31 | ₫63.06 Trillion ≈ $2.40 Billion |
+0.79% |
| 2020-12-31 | ₫62.56 Trillion ≈ $2.38 Billion |
-18.17% |
| 2019-12-31 | ₫76.45 Trillion ≈ $2.90 Billion |
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About Vietnam Airlines JSC
Vietnam Airlines JSC provides air transport services in Vietnam and internationally. The company engages in the transportation of passengers, cargo, luggage, parcels, postal items, and mail. It is also involved in the maintenance and repair of aircraft, engines, and spare parts. In addition, the company provides airline fuel supply and catering, ground, technical, commercial, forwarding, logistic… Read more