Song Hong Garment JSC (MSH) - Total Assets
Based on the latest financial reports, Song Hong Garment JSC (MSH) holds total assets worth ₫4.68 Trillion VND (≈ $177.73 Million USD) 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. Check Song Hong Garment JSC investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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. Check Song Hong Garment JSC earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
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. For live market cap, price, and company overview, see market cap of Song Hong Garment JSC.
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 |
|---|---|---|
|
Eclat Textile Co Ltd
TW:1476
|
Taiwan | NT$33.36 Billion |
|
F&F Co Ltd
KO:383220
|
Korea | ₩2.50 Trillion |
|
Ribo Fashion Group Co Ltd
SHG:603196
|
China | CN¥1.06 Billion |
|
Xin Hee Co Ltd
SHE:003016
|
China | CN¥3.52 Billion |
|
Anzheng Fashion
SHG:603839
|
China | CN¥2.72 Billion |
|
Cedar Development Co Ltd
SHE:002485
|
China | CN¥1.54 Billion |
|
Kitex Garments Limited
NSE:KITEX
|
India | Rs30.42 Billion |
|
S. P. Apparels Limited
NSE:SPAL
|
India | Rs15.27 Billion |
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 | 1.50 | 1.40 | 1.25 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₫1.46 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 | 2.12 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 3.5% |
| Total Assets | ₫4.68 Trillion |
| Market Capitalization | $147.28 Million USD |
Valuation Analysis
Below Book Valuation: The market values Song Hong Garment JSC's assets below their book value (0.00x), 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 ≈ $177.88 Million |
+3.51% |
| 2024-12-31 | ₫4.52 Trillion ≈ $171.85 Million |
+30.99% |
| 2023-12-31 | ₫3.45 Trillion ≈ $131.20 Million |
+4.82% |
| 2022-12-31 | ₫3.29 Trillion ≈ $125.16 Million |
+2.86% |
| 2021-12-31 | ₫3.20 Trillion ≈ $121.68 Million |
+21.88% |
| 2020-12-31 | ₫2.63 Trillion ≈ $99.84 Million |
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About Song Hong Garment JSC
Song Hong Garment Joint Stock Company, together with its subsidiaries, manufactures, processes, and sells garment and bedding products in Vietnam. The company offers cotton, rugs, blankets, carpets, and knitted clothes. It also trades in industrial products; equipment, spare parts, and other materials for the garment-textile industry; and cigarettes, alcohol, and cosmetics. In addition, the compa… Read more