Vietjet Aviation JSC (VJC) - Total Assets
Based on the latest financial reports, Vietjet Aviation JSC (VJC) holds total assets worth ₫139.46 Trillion VND (≈ $5.30 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 net assets of Vietjet Aviation JSC for net asset value and shareholders' equity analysis.
Vietjet Aviation JSC - Total Assets Trend (2019–2025)
This chart illustrates how Vietjet Aviation JSC's total assets have evolved over time, based on quarterly financial data.
Vietjet Aviation JSC - Asset Composition Analysis
Current Asset Composition (December 2025)
Vietjet Aviation JSC's total assets of ₫139.46 Trillion consist of 39.2% current assets and 60.8% non-current assets.
| Asset Category | Amount (VND) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₫0.00 | 7.9% |
| Accounts Receivable | ₫18.63 Trillion | 13.4% |
| Inventory | ₫2.19 Trillion | 1.6% |
| Property, Plant & Equipment | ₫0.00 | 0.0% |
| Intangible Assets | ₫5.84 Trillion | 4.2% |
| Goodwill | ₫0.00 | 0.0% |
Asset Composition Trend (2019–2025)
This chart illustrates how Vietjet Aviation 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 Vietjet Aviation JSC (VJC) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Vietjet Aviation JSC's current assets represent 39.2% of total assets in 2025, a decrease from 48.8% in 2019.
- Cash Position: Cash and equivalents constituted 7.9% of total assets in 2025, down from 11.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 13.4% of total assets.
Vietjet Aviation JSC Competitors by Total Assets
Key competitors of Vietjet Aviation JSC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
LATAM Airlines Group S.A.
NYSE:LTM
|
USA | $17.64 Billion |
|
Spring Airlines Co Ltd
SHG:601021
|
China | CN¥46.53 Billion |
|
Finnair Oyj
HE:FIA1S
|
Finland | €3.69 Billion |
|
Norse Atlantic ASA
OL:NORSE
|
Norway | Nkr935.04 Million |
|
Qantas Airways Ltd
AU:QAN
|
Australia | AU$23.89 Billion |
|
Virgin Australia Holdings Ltd
AU:VGN
|
Australia | AU$4.87 Billion |
|
Air New Zealand Ltd
AU:AIZ
|
Australia | AU$8.73 Billion |
|
Regional Express Holdings Ltd
AU:REX
|
Australia | AU$737.16 Million |
Vietjet Aviation 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 | 1.17 | 1.15 | 1.50 |
| Quick Ratio | 1.13 | 1.09 | 1.46 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₫8.05 Trillion | ₫5.07 Trillion | ₫13.43 Trillion |
Vietjet Aviation JSC - Advanced Valuation Insights
This section examines the relationship between Vietjet Aviation 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 | 3.94 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 40.1% |
| Total Assets | ₫139.46 Trillion |
| Market Capitalization | $4.05 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Vietjet Aviation JSC's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Vietjet Aviation JSC's assets grew by 40.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Vietjet Aviation JSC (2019–2025)
The table below shows the annual total assets of Vietjet Aviation JSC from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ₫139.46 Trillion ≈ $5.30 Billion |
+40.13% |
| 2024-12-31 | ₫99.52 Trillion ≈ $3.78 Billion |
+14.49% |
| 2023-12-31 | ₫86.93 Trillion ≈ $3.30 Billion |
+27.76% |
| 2022-12-31 | ₫68.04 Trillion ≈ $2.58 Billion |
+31.72% |
| 2021-12-31 | ₫51.65 Trillion ≈ $1.96 Billion |
+14.29% |
| 2020-12-31 | ₫45.20 Trillion ≈ $1.72 Billion |
-7.49% |
| 2019-12-31 | ₫48.86 Trillion ≈ $1.86 Billion |
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About Vietjet Aviation JSC
VietJet Aviation Joint Stock Company provides passenger and cargo air transportation services, and airline-related support services. The company also offers in-flight advertising services; and payment services, as well as trades in and leases aircraft and aircraft components. It covers various domestic and international routes, including Vietnam, Thailand, Singapore, South Korea, Taiwan, Myanmar,… Read more