Song Hong Garment JSC (MSH) - Total Assets

Latest as of December 2025: ₫4.68 Trillion VND ≈ $177.73 Million USD

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. Explore working capital to net assets of Song Hong Garment JSC to assess how much short-term liquidity the company maintains relative to its equity base.

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.

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. Also see Song Hong Garment JSC (MSH) total market value for the company's overall valuation and market capitalisation.

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. See latest Song Hong Garment JSC stock price today for real-time trading data and today's change.

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
Youngor Group Co Ltd
SHG:600177
China CN¥70.41 Billion
Zhejiang Semir Garment Co Ltd
SHE:002563
China CN¥17.95 Billion
Zhejiang Baoxiniao Garment Co Ltd
SHE:002154
China CN¥7.19 Billion
Gokaldas Exports Limited
NSE:GOKEX
India Rs43.54 Billion
In The F
KO:014990
Korea ₩114.20 Billion
Creas F&C Co.Ltd
KQ:110790
Korea ₩892.86 Billion
Jindo.Co. Ltd
KO:088790
Korea ₩140.11 Billion
Globe International Ltd
AU:GLB
Australia AU$125.16 Million

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 $134.88 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

VN:MSH Vietnam Apparel Manufacturing
Market Cap
$134.88 Million
₫3.55 Trillion VND
Market Cap Rank
#18116 Global
#113 in Vietnam
Share Price
₫31550.00
Change (1 day)
+2.27%
52-Week Range
₫30300.00 - ₫40500.00
All Time High
₫61700.00
About

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