Vincom Retail JSC
Vincom Retail Joint Stock Company, together with its subsidiaries, engages in the investment, construction, development, and leasing of shopping centers in Vietnam. It is also involved in real estate development and transfer activities; sale of real estate; and leases investment properties. Vincom Retail Joint Stock Company was founded in 2012 and is headquartered in Hanoi, Vietnam.
Vincom Retail JSC (VRE) - Total Assets
Latest total assets as of June 2025: ₫58.24 Trillion VND
Based on the latest financial reports, Vincom Retail JSC (VRE) holds total assets worth ₫58.24 Trillion VND as of June 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.
Vincom Retail JSC - Total Assets Trend (2019–2024)
This chart illustrates how Vincom Retail JSC’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Vincom Retail JSC - Asset Composition Analysis
Current Asset Composition (December 2024)
Vincom Retail JSC's total assets of ₫58.24 Trillion consist of 22.3% current assets and 77.7% non-current assets.
| Asset Category | Amount (VND) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₫0.00 | 5.2% |
| Accounts Receivable | ₫1.67 Trillion | 3.0% |
| Inventory | ₫295.01 Billion | 0.5% |
| Property, Plant & Equipment | ₫0.00 | 0.0% |
| Intangible Assets | ₫18.76 Billion | 0.0% |
| Goodwill | ₫49.33 Billion | 0.1% |
Asset Composition Trend (2019–2024)
This chart illustrates how Vincom Retail 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: Vincom Retail JSC's current assets represent 22.3% of total assets in 2024, an increase from 14.2% in 2019.
- Cash Position: Cash and equivalents constituted 5.2% of total assets in 2024, up from 3.9% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 3.0% of total assets.
Vincom Retail JSC Competitors by Total Assets
Key competitors of Vincom Retail JSC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd
SHE:000029
|
China | CN¥5.21 Billion |
|
Fujian Sanmu Group Co Ltd
SHE:000632
|
China | CN¥8.33 Billion |
|
Shenzhen New Nanshan Holding Group Co Ltd
SHE:002314
|
China | CN¥62.64 Billion |
|
Appeninn Vagyonkezelo Holding Nyilvanosan Mukodo Reszvenytarsasag
F:0AP
|
Germany | €239.31 Million |
|
SanDi Properties Co Ltd
TW:1438
|
Taiwan | NT$14.31 Billion |
|
AS Pro Kapital Grupp
F:17E
|
Germany | €120.69 Million |
|
SK D&D Co Ltd
KO:210980
|
Korea | ₩1.76 Trillion |
|
Tanco Holdings Bhd
KLSE:2429
|
Malaysia | RM533.66 Million |
Vincom Retail 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 - Vincom Retail JSC generates 0.16x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Vincom Retail JSC generates $7.42 in net profit.
Vincom Retail 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 | 1.26 | 2.25 | 2.06 |
| Quick Ratio | 1.24 | 2.21 | 1.90 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₫3.06 Trillion | ₫ 6.88 Trillion | ₫ 3.64 Trillion |
Vincom Retail JSC - Advanced Valuation Insights
This section examines the relationship between Vincom Retail 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 | 1.27 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 15.9% |
| Total Assets | ₫55.23 Trillion |
| Market Capitalization | $2.29 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Vincom Retail JSC's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Vincom Retail JSC's assets grew by 15.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Vincom Retail JSC (2019–2024)
The table below shows the annual total assets of Vincom Retail JSC from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₫55.23 Trillion | +15.89% |
| 2023-12-31 | ₫47.65 Trillion | +11.60% |
| 2022-12-31 | ₫42.70 Trillion | +12.75% |
| 2021-12-31 | ₫37.87 Trillion | -4.88% |
| 2020-12-31 | ₫39.82 Trillion | +11.10% |
| 2019-12-31 | ₫35.84 Trillion | -- |