PetroVietnam Drilling & Well Service Corp
Petrovietnam Drilling and Well Services Corporation, together with its subsidiaries, provides drilling rigs and drilling-related services to the oil and gas industry in the Socialist Republic of Vietnam and internationally. It offers drilling services; well technical services; design, engineer, inspection, repair, maintenance, workshop, trading and other services; manpower and training program se… Read more
PetroVietnam Drilling & Well Service Corp (PVD) - Total Assets
Latest total assets as of December 2025: ₫28.31 Trillion VND
Based on the latest financial reports, PetroVietnam Drilling & Well Service Corp (PVD) holds total assets worth ₫28.31 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.
PetroVietnam Drilling & Well Service Corp - Total Assets Trend (2019–2025)
This chart illustrates how PetroVietnam Drilling & Well Service Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
PetroVietnam Drilling & Well Service Corp - Asset Composition Analysis
Current Asset Composition (December 2025)
PetroVietnam Drilling & Well Service Corp's total assets of ₫28.31 Trillion consist of 34.7% current assets and 65.3% non-current assets.
| Asset Category | Amount (VND) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₫0.00 | 6.4% |
| Accounts Receivable | ₫4.31 Trillion | 15.2% |
| Inventory | ₫1.54 Trillion | 5.4% |
| Property, Plant & Equipment | ₫0.00 | 0.0% |
| Intangible Assets | ₫155.01 Billion | 0.6% |
| Goodwill | ₫0.00 | 0.0% |
Asset Composition Trend (2019–2025)
This chart illustrates how PetroVietnam Drilling & Well Service Corp'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: PetroVietnam Drilling & Well Service Corp's current assets represent 34.7% of total assets in 2025, an increase from 0.0% in 2019.
- Cash Position: Cash and equivalents constituted 6.4% of total assets in 2025, down from 9.1% 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 15.2% of total assets.
PetroVietnam Drilling & Well Service Corp Competitors by Total Assets
Key competitors of PetroVietnam Drilling & Well Service Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aban Offshore Limited
NSE:ABAN
|
India | ₹16.43 Billion |
|
XinJiang Beiken Energy Engineering Stock Co Ltd
SHE:002828
|
China | CN¥1.85 Billion |
|
Daldrup & Söhne Aktiengesellschaft
F:4DS
|
Germany | €37.46 Million |
|
Velesto Energy Bhd
KLSE:5243
|
Malaysia | RM2.85 Billion |
|
ARCHER
F:8SW
|
Germany | €1.07 Billion |
|
ACT Energy Technologies Ltd.
TO:ACX
|
Canada | CA$458.00 Million |
|
Agri-Dynamics Inc
PINK:AGDY
|
USA | $144.28K |
|
AKITA Drilling Ltd
PINK:AKTAF
|
USA | $258.01 Million |
PetroVietnam Drilling & Well Service Corp - 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
Lower asset utilization - PetroVietnam Drilling & Well Service Corp generates 0.38x 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, PetroVietnam Drilling & Well Service Corp generates $ 3.66 in net profit.
PetroVietnam Drilling & Well Service Corp - 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 | 1.48 | 1.89 | 1.84 |
| Quick Ratio | 1.25 | 1.59 | 1.56 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₫3.20 Trillion | ₫ 3.66 Trillion | ₫ 2.55 Trillion |
PetroVietnam Drilling & Well Service Corp - Advanced Valuation Insights
This section examines the relationship between PetroVietnam Drilling & Well Service Corp'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 | 1.30 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 19.4% |
| Total Assets | ₫28.31 Trillion |
| Market Capitalization | $753.11 Million USD |
Valuation Analysis
Below Book Valuation: The market values PetroVietnam Drilling & Well Service Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: PetroVietnam Drilling & Well Service Corp's assets grew by 19.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for PetroVietnam Drilling & Well Service Corp (2019–2025)
The table below shows the annual total assets of PetroVietnam Drilling & Well Service Corp from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ₫28.31 Trillion | +19.36% |
| 2024-12-31 | ₫23.72 Trillion | +9.64% |
| 2023-12-31 | ₫21.63 Trillion | +4.49% |
| 2022-12-31 | ₫20.70 Trillion | -0.28% |
| 2021-12-31 | ₫20.76 Trillion | -0.46% |
| 2020-12-31 | ₫20.86 Trillion | -1.80% |
| 2019-12-31 | ₫21.24 Trillion | -- |