Vietnam National Petroleum Group
Vietnam National Petroleum Group, together with its subsidiaries, imports, exports, and trades in petroleum products in Vietnam and internationally. It engages in wholesale of petroleum, petrochemical, and related products; rental and leasing of petroleum transport ships; terminals business to import and export petroleum; wholesale of machine equipment and spare parts for petroleum industry and o… Read more
Vietnam National Petroleum Group (PLX) - Total Assets
Latest total assets as of June 2025: ₫87.41 Trillion VND
Based on the latest financial reports, Vietnam National Petroleum Group (PLX) holds total assets worth ₫87.41 Trillion VND 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.
Vietnam National Petroleum Group - Total Assets Trend (2019–2024)
This chart illustrates how Vietnam National Petroleum Group’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Vietnam National Petroleum Group - Asset Composition Analysis
Current Asset Composition (December 2024)
Vietnam National Petroleum Group's total assets of ₫87.41 Trillion consist of 73.3% current assets and 26.7% non-current assets.
| Asset Category | Amount (VND) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₫0.00 | 18.4% |
| Accounts Receivable | ₫12.23 Trillion | 15.1% |
| Inventory | ₫15.67 Trillion | 19.3% |
| Property, Plant & Equipment | ₫0.00 | 0.0% |
| Intangible Assets | ₫2.39 Trillion | 2.9% |
| Goodwill | ₫0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Vietnam National Petroleum Group'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: Vietnam National Petroleum Group's current assets represent 73.3% of total assets in 2024, an increase from 62.8% in 2019.
- Cash Position: Cash and equivalents constituted 18.4% of total assets in 2024, up from 18.3% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 3.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 19.3% of total assets.
Vietnam National Petroleum Group Competitors by Total Assets
Key competitors of Vietnam National Petroleum Group based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shandong Shengli Co Ltd
SHE:000407
|
China | CN¥6.05 Billion |
|
Sinopec Shandong Taishan Petroleum Co Ltd
SHE:000554
|
China | CN¥1.77 Billion |
|
Jiangsu Gaoke Petrochemical Co
SHE:002778
|
China | CN¥905.01 Million |
|
Hankook Shell Oil
KO:002960
|
Korea | ₩188.72 Billion |
|
Mi Chang Oil
KO:003650
|
Korea | ₩512.60 Billion |
|
SK Discovery Co Ltd
KO:006125
|
Korea | ₩15.44 Trillion |
|
S-Oil Corp
KO:010950
|
Korea | ₩24.99 Trillion |
|
The LEADCORP Inc
KQ:012700
|
Korea | ₩1.05 Trillion |
Vietnam National Petroleum Group - 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 - Vietnam National Petroleum Group generates 3.49x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Vietnam National Petroleum Group generates $ 3.56 in net profit.
Vietnam National Petroleum Group - 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 | 1.13 | 1.20 | 1.00 |
| Quick Ratio | 0.85 | 0.86 | 0.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₫7.80 Trillion | ₫ 8.73 Trillion | ₫ 218.09 Billion |
Vietnam National Petroleum Group - Advanced Valuation Insights
This section examines the relationship between Vietnam National Petroleum Group'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 | 2.56 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 2.0% |
| Total Assets | ₫81.27 Trillion |
| Market Capitalization | $2.28 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Vietnam National Petroleum Group's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Vietnam National Petroleum Group's assets grew by 2.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Vietnam National Petroleum Group (2019–2024)
The table below shows the annual total assets of Vietnam National Petroleum Group from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₫81.27 Trillion | +2.01% |
| 2023-12-31 | ₫79.68 Trillion | +6.98% |
| 2022-12-31 | ₫74.48 Trillion | +14.95% |
| 2021-12-31 | ₫64.79 Trillion | +6.03% |
| 2020-12-31 | ₫61.11 Trillion | -1.06% |
| 2019-12-31 | ₫61.76 Trillion | -- |