Vietnam Petroleum Transport JSC (VIP) - Total Assets
Based on the latest financial reports, Vietnam Petroleum Transport JSC (VIP) holds total assets worth ₫1.42 Trillion VND (≈ $53.88 Million USD) as of March 2026. 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. Explore Vietnam Petroleum Transport JSC debt service capacity to assess how comfortably operating cash covers total debt obligations.
Vietnam Petroleum Transport JSC - Total Assets Trend (2019–2025)
This chart illustrates how Vietnam Petroleum Transport JSC's total assets have evolved over time, based on quarterly financial data. See VIP net asset value for net asset value and shareholders' equity analysis.
Vietnam Petroleum Transport JSC - Asset Composition Analysis
Current Asset Composition (December 2025)
Vietnam Petroleum Transport JSC's total assets of ₫1.42 Trillion consist of 81.1% current assets and 18.9% non-current assets.
| Asset Category | Amount (VND) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₫0.00 | 4.8% |
| Accounts Receivable | ₫77.32 Billion | 5.5% |
| Inventory | ₫105.13 Billion | 7.5% |
| Property, Plant & Equipment | ₫0.00 | 0.0% |
| Intangible Assets | ₫33.01 Billion | 2.3% |
| Goodwill | ₫0.00 | 0.0% |
Asset Composition Trend (2019–2025)
This chart illustrates how Vietnam Petroleum Transport 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 VIP market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Vietnam Petroleum Transport JSC's current assets represent 81.1% of total assets in 2025, an increase from 36.3% in 2019.
- Cash Position: Cash and equivalents constituted 4.8% of total assets in 2025, down from 12.2% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 7.5% of total assets.
Vietnam Petroleum Transport JSC Competitors by Total Assets
Key competitors of Vietnam Petroleum Transport JSC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
GZ Port
SHG:601228
|
China | CN¥55.40 Billion |
|
Hafnia Limited
NYSE:HAFN
|
USA | $3.57 Billion |
|
Costamare Inc
NYSE:CMRE
|
USA | $3.92 Billion |
|
Westshore Terminals Investment Corp
TO:WTE
|
Canada | CA$2.59 Billion |
|
Okeanis Eco Tankers Corp.
NYSE:ECO
|
USA | $1.07 Billion |
|
Rizhao Port Co Ltd
SHG:600017
|
China | CN¥39.87 Billion |
|
Himalaya Shipping Ltd.
NYSE:HSHP
|
USA | $849.60 Million |
|
Nanjing Port Co Ltd
SHE:002040
|
China | CN¥5.38 Billion |
Vietnam Petroleum Transport 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 | 11.51 | 13.88 | 1.33 |
| Quick Ratio | 10.38 | 12.84 | 0.93 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₫1.07 Trillion | ₫1.00 Trillion | ₫72.32 Billion |
Vietnam Petroleum Transport JSC - Advanced Valuation Insights
This section examines the relationship between Vietnam Petroleum Transport 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 | 0.61 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 1.4% |
| Total Assets | ₫1.41 Trillion |
| Market Capitalization | $25.75 Million USD |
Valuation Analysis
Below Book Valuation: The market values Vietnam Petroleum Transport JSC's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Vietnam Petroleum Transport JSC's assets grew by 1.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Vietnam Petroleum Transport JSC (2019–2025)
The table below shows the annual total assets of Vietnam Petroleum Transport JSC from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ₫1.41 Trillion ≈ $53.61 Million |
+1.42% |
| 2024-12-31 | ₫1.39 Trillion ≈ $52.86 Million |
-2.53% |
| 2023-12-31 | ₫1.43 Trillion ≈ $54.23 Million |
-2.19% |
| 2022-12-31 | ₫1.46 Trillion ≈ $55.44 Million |
-0.88% |
| 2021-12-31 | ₫1.47 Trillion ≈ $55.94 Million |
-8.09% |
| 2020-12-31 | ₫1.60 Trillion ≈ $60.86 Million |
+11.50% |
| 2019-12-31 | ₫1.44 Trillion ≈ $54.59 Million |
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About Vietnam Petroleum Transport JSC
Vietnam Petroleum Transport Joint Stock Company, together with its subsidiaries, engages in the transportation of petroleum products in Vietnam and internationally. It operates through three segments: Transportation, Trading, and Other Operations. The company offers coastal and ocean transport services; maritime services; shipping and sea transport agency; cargo counting; and ship cleaning, as we… Read more