Thuan Duc JSC
Thuan Duc Joint Stock Company, together with its subsidiary, produces and sells PP woven packaging products in Vietnam and internationally. The company offers PP shopping, PP woven shopping, PP non-woven shopping, RPET shopping, cooler, and other bags, as well as agricultural, feed, and fertilizer packaging products. It is also involved in trading plastic resins and other activities. In addition,… Read more
Thuan Duc JSC (TDP) - Total Assets
Latest total assets as of December 2025: ₫4.47 Trillion VND
Based on the latest financial reports, Thuan Duc JSC (TDP) holds total assets worth ₫4.47 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.
Thuan Duc JSC - Total Assets Trend (2019–2025)
This chart illustrates how Thuan Duc JSC’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Thuan Duc JSC - Asset Composition Analysis
Current Asset Composition (December 2025)
Thuan Duc JSC's total assets of ₫4.47 Trillion consist of 75.0% current assets and 25.0% non-current assets.
| Asset Category | Amount (VND) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₫0.00 | 23.7% |
| Accounts Receivable | ₫413.77 Billion | 9.3% |
| Inventory | ₫1.14 Trillion | 25.4% |
| Property, Plant & Equipment | ₫0.00 | 0.0% |
| Intangible Assets | ₫1.09 Billion | 0.0% |
| Goodwill | ₫0.00 | 0.0% |
Asset Composition Trend (2019–2025)
This chart illustrates how Thuan Duc 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: Thuan Duc JSC's current assets represent 75.0% of total assets in 2025, an increase from 69.7% in 2019.
- Cash Position: Cash and equivalents constituted 23.7% of total assets in 2025, up from 1.7% 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 inventory at 25.4% of total assets.
Thuan Duc JSC Competitors by Total Assets
Key competitors of Thuan Duc JSC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SAMRYOONG Co.Ltd
KQ:014970
|
Korea | ₩96.42 Billion |
|
Zhuhai Zhongfu Enterprise Co Ltd
SHE:000659
|
China | CN¥1.97 Billion |
|
Shin Hwa Silup
KO:001770
|
Korea | ₩84.01 Billion |
|
Huangshan Novel Co Ltd
SHE:002014
|
China | CN¥4.17 Billion |
|
Shenzhen Jinjia Color Printing Group Co Ltd
SHE:002191
|
China | CN¥8.43 Billion |
|
Export Packing
KO:002200
|
Korea | ₩347.30 Billion |
|
Xiamen Hexing Packaging Printing Co Ltd
SHE:002228
|
China | CN¥7.52 Billion |
|
Shenzhen Beauty Star Co Ltd
SHE:002243
|
China | CN¥16.63 Billion |
Thuan Duc 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 - Thuan Duc JSC generates 1.06x 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, Thuan Duc JSC generates $ 2.21 in net profit.
Thuan Duc 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 | 1.08 | 1.11 | 1.05 |
| Quick Ratio | 0.72 | 0.67 | 0.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₫260.50 Billion | ₫ 294.10 Billion | ₫ 100.21 Billion |
Thuan Duc JSC - Advanced Valuation Insights
This section examines the relationship between Thuan Duc 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 | 2.62 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 13.4% |
| Total Assets | ₫4.47 Trillion |
| Market Capitalization | $52.66 Million USD |
Valuation Analysis
Below Book Valuation: The market values Thuan Duc JSC's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Thuan Duc JSC's assets grew by 13.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Thuan Duc JSC (2019–2025)
The table below shows the annual total assets of Thuan Duc JSC from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ₫4.47 Trillion | +13.36% |
| 2024-12-31 | ₫3.94 Trillion | +7.43% |
| 2023-12-31 | ₫3.67 Trillion | +10.54% |
| 2022-12-31 | ₫3.32 Trillion | +21.25% |
| 2021-12-31 | ₫2.74 Trillion | +49.66% |
| 2020-12-31 | ₫1.83 Trillion | +13.54% |
| 2019-12-31 | ₫1.61 Trillion | -- |