Vingroup JSC (VIC) - Total Assets
Based on the latest financial reports, Vingroup JSC (VIC) holds total assets worth ₫1118.62 Trillion VND (≈ $42.50 Billion 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. See Vingroup JSC shareholders equity for net asset value and shareholders' equity analysis.
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.
Vingroup JSC - Asset Composition Analysis
Current Asset Composition (December 2025)
Vingroup JSC's total assets of ₫1118.62 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 | ₫35.75 Trillion | 3.2% |
| 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. For live market cap, price, and company overview, see market cap of Vingroup JSC.
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 |
|---|---|---|
|
Fortinova Fastigheter AB Series B
ST:FNOVA-B
|
Sweden | Skr5.52 Billion |
|
PTL Enterprises Limited
NSE:PTL
|
India | Rs11.21 Billion |
|
DEUTSCHE WOHNEN ADRS/1/2
F:DWNP
|
Germany | €26.36 Billion |
|
Cencosud Shopping SA
SN:CENCOMALLS
|
Chile | CL$4.38 Trillion |
|
Olav Thon Eien
OL:OLT
|
Norway | Nkr65.69 Billion |
|
Allos S.A.
SA:ALOS3
|
Brazil | R$26.01 Billion |
|
Summit
TA:SMT
|
Israel | ILA10.94 Billion |
|
Shanghai Shibei Hi-Tech Co Ltd A
SHG:600604
|
China | CN¥20.44 Billion |
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 | 0.78 | 0.56 | 0.71 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₫71.32 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 | 7.21 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 34.0% |
| Total Assets | ₫1121.46 Trillion |
| Market Capitalization | $60.97 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Vingroup JSC's assets below their book value (0.00x), 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 ≈ $42.61 Billion |
+34.05% |
| 2024-12-31 | ₫836.60 Trillion ≈ $31.79 Billion |
+25.30% |
| 2023-12-31 | ₫667.66 Trillion ≈ $25.37 Billion |
+15.63% |
| 2022-12-31 | ₫577.41 Trillion ≈ $21.94 Billion |
+34.79% |
| 2021-12-31 | ₫428.38 Trillion ≈ $16.28 Billion |
+1.39% |
| 2020-12-31 | ₫422.50 Trillion ≈ $16.05 Billion |
+4.65% |
| 2019-12-31 | ₫403.74 Trillion ≈ $15.34 Billion |
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About 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