Song Hong Garment JSC
Song Hong Garment Joint Stock Company manufactures, processes, and sells garment and bedding products in Vietnam. The company offers carpets, blankets, and knitted clothes, as well as cotton and rugs. It also engages in trading of industrial products; equipment, spare parts, and various other materials for garment textile industry; and cigarettes, alcohol, and cosmetics. In addition, the company … Read more
Song Hong Garment JSC (MSH) - Total Assets
Latest total assets as of December 2025: ₫4.68 Trillion VND
Based on the latest financial reports, Song Hong Garment JSC (MSH) holds total assets worth ₫4.68 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.
Song Hong Garment JSC - Total Assets Trend (2020–2025)
This chart illustrates how Song Hong Garment JSC’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Song Hong Garment JSC - Asset Composition Analysis
Current Asset Composition (December 2025)
Song Hong Garment JSC's total assets of ₫4.68 Trillion consist of 70.0% current assets and 30.0% non-current assets.
| Asset Category | Amount (VND) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₫0.00 | 15.8% |
| Accounts Receivable | ₫943.21 Billion | 20.2% |
| Inventory | ₫550.21 Billion | 11.8% |
| Property, Plant & Equipment | ₫0.00 | 0.0% |
| Intangible Assets | ₫22.32 Billion | 0.5% |
| Goodwill | ₫0.00 | 0.0% |
Asset Composition Trend (2020–2025)
This chart illustrates how Song Hong Garment 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: Song Hong Garment JSC's current assets represent 70.0% of total assets in 2025, a decrease from 76.2% in 2020.
- Cash Position: Cash and equivalents constituted 15.8% of total assets in 2025, up from 5.2% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 20.2% of total assets.
Song Hong Garment JSC Competitors by Total Assets
Key competitors of Song Hong Garment JSC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
C-SITE Co., Ltd.
KQ:109670
|
Korea | ₩103.69 Billion |
|
BYC Co Ltd
KO:001465
|
Korea | ₩731.11 Billion |
|
Zhejiang Weixing Industrial Development Co Ltd
SHE:002003
|
China | CN¥6.94 Billion |
|
Fujian Septwolves Industry Co Ltd
SHE:002029
|
China | CN¥10.19 Billion |
|
Vivien Corp
KO:002070
|
Korea | ₩300.54 Billion |
|
Fujian SBS Zipper Science Tech
SHE:002098
|
China | CN¥2.22 Billion |
|
Zhejiang Baoxiniao Garment Co Ltd
SHE:002154
|
China | CN¥6.92 Billion |
|
Cedar Development Co Ltd
SHE:002485
|
China | CN¥1.80 Billion |
Song Hong Garment 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 - Song Hong Garment JSC generates 1.18x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Song Hong Garment JSC generates $ 13.06 in net profit.
Song Hong Garment 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 | 1.80 | 1.75 | 1.72 |
| Quick Ratio | 1.49 | 1.40 | 1.25 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₫1.45 Trillion | ₫ 1.39 Trillion | ₫ 1.20 Trillion |
Song Hong Garment JSC - Advanced Valuation Insights
This section examines the relationship between Song Hong Garment 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 | 1.98 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 3.5% |
| Total Assets | ₫4.68 Trillion |
| Market Capitalization | $27.24 Million USD |
Valuation Analysis
Below Book Valuation: The market values Song Hong Garment JSC's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Song Hong Garment JSC's assets grew by 3.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Song Hong Garment JSC (2020–2025)
The table below shows the annual total assets of Song Hong Garment JSC from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ₫4.68 Trillion | +3.51% |
| 2024-12-31 | ₫4.52 Trillion | +30.99% |
| 2023-12-31 | ₫3.45 Trillion | +4.82% |
| 2022-12-31 | ₫3.29 Trillion | +2.86% |
| 2021-12-31 | ₫3.20 Trillion | +21.88% |
| 2020-12-31 | ₫2.63 Trillion | -- |