Vingroup JSC
Vingroup Joint Stock Company invests in, constructs, and trades in real estate properties in Vietnam. The company operates through Sale of Inventory Properties; Leasing Investment Properties and Related Services; Hospitality, Entertainment and Related Services; Health Care and Related Services; Education and Related Services; Manufacturing and Related Activities; General Contractor and Related Se… Read more
Vingroup JSC (VIC) - Total Assets
Latest total assets as of December 2025: ₫1121.46 Trillion VND
Based on the latest financial reports, Vingroup JSC (VIC) holds total assets worth ₫1121.46 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.
Vingroup JSC - Total Assets Trend (2019–2025)
This chart illustrates how Vingroup JSC’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Vingroup JSC - Asset Composition Analysis
Current Asset Composition (December 2025)
Vingroup JSC's total assets of ₫1121.46 Trillion consist of 58.9% current assets and 41.1% non-current assets.
| Asset Category | Amount (VND) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₫0.00 | 6.6% |
| Accounts Receivable | ₫36.40 Trillion | 3.3% |
| Inventory | ₫206.99 Trillion | 18.5% |
| Property, Plant & Equipment | ₫0.00 | 0.0% |
| Intangible Assets | ₫41.95 Trillion | 3.7% |
| Goodwill | ₫3.96 Trillion | 0.4% |
Asset Composition Trend (2019–2025)
This chart illustrates how Vingroup 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: Vingroup JSC's current assets represent 58.9% of total assets in 2025, an increase from 48.9% in 2019.
- Cash Position: Cash and equivalents constituted 6.6% of total assets in 2025, up from 4.5% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 4.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 18.5% of total assets.
Vingroup JSC Competitors by Total Assets
Key competitors of Vingroup JSC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aurora Eiendom A.S.
OL:AURA
|
Norway | Nkr9.08 Billion |
|
PT Multisarana Intan Eduka Tbk
JK:MSIE
|
Indonesia | Rp124.39 Billion |
|
Shenzhen SEG Co Ltd
SHE:000058
|
China | CN¥5.05 Billion |
|
Beijing Mainstreets Investment
SHE:000609
|
China | CN¥1.92 Billion |
|
5I5j Holding Group Co Ltd
SHE:000560
|
China | CN¥26.38 Billion |
|
DongGuan Winnerway Industrial Zone Ltd
SHE:000573
|
China | CN¥2.14 Billion |
|
Rongfeng Holding Group
SHE:000668
|
China | CN¥1.28 Billion |
|
Sanxiang Co Ltd
SHE:000863
|
China | CN¥5.88 Billion |
Vingroup 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
Lower asset utilization - Vingroup JSC generates 0.30x 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, Vingroup JSC generates $ 1.20 in net profit.
Vingroup 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 | 1.12 | 0.78 | 1.00 |
| Quick Ratio | 0.77 | 0.56 | 0.71 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₫68.51 Trillion | ₫ -108.81 Trillion | ₫ -1.16 Trillion |
Vingroup JSC - Advanced Valuation Insights
This section examines the relationship between Vingroup 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 | 8.26 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 34.0% |
| Total Assets | ₫1121.46 Trillion |
| Market Capitalization | $9.53 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Vingroup JSC's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Vingroup JSC's assets grew by 34.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Vingroup JSC (2019–2025)
The table below shows the annual total assets of Vingroup JSC from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ₫1121.46 Trillion | +34.05% |
| 2024-12-31 | ₫836.60 Trillion | +25.30% |
| 2023-12-31 | ₫667.66 Trillion | +15.63% |
| 2022-12-31 | ₫577.41 Trillion | +34.79% |
| 2021-12-31 | ₫428.38 Trillion | +1.39% |
| 2020-12-31 | ₫422.50 Trillion | +4.65% |
| 2019-12-31 | ₫403.74 Trillion | -- |