Viet Nam Joint Stock Commercial Bank For Industry And Trade (STC:CTG) Total Assets : ₫2,077,615,056 Mil (As of Mar. 2024)

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What is Viet Nam Joint Stock Commercial Bank For Industry And Trade Total Assets?

Viet Nam Joint Stock Commercial Bank For Industry And Trade's Total Assets for the quarter that ended in Mar. 2024 was ₫2,077,615,056 Mil.

During the past 12 months, Viet Nam Joint Stock Commercial Bank For Industry And Trade's average Total Assets Growth Rate was 8.50% per year. During the past 3 years, the average Total Assets Growth Rate was 13.40% per year. During the past 5 years, the average Total Assets Growth Rate was 11.80% per year. During the past 10 years, the average Total Assets Growth Rate was 12.40% per year.

During the past 13 years, Viet Nam Joint Stock Commercial Bank For Industry And Trade's highest 3-Year average Total Assets Growth Rate was 29.80%. The lowest was 6.90%. And the median was 13.85%.

Total Assets is connected with ROA %. Viet Nam Joint Stock Commercial Bank For Industry And Trade's annualized ROA % for the quarter that ended in Mar. 2024 was 0.97%. Total Assets is also linked to Revenue through Asset Turnover. Viet Nam Joint Stock Commercial Bank For Industry And Trade's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

Viet Nam Joint Stock Commercial Bank For Industry And Trade Total Assets Historical Data

The historical data trend for Viet Nam Joint Stock Commercial Bank For Industry And Trade's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Viet Nam Joint Stock Commercial Bank For Industry And Trade Total Assets Chart

Viet Nam Joint Stock Commercial Bank For Industry And Trade Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,240,711,475.00

1,341,509,978.00

1,531,587,398.00

1,808,810,868.00

2,032,613,606.00

Viet Nam Joint Stock Commercial Bank For Industry And Trade Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															1,823,962,183.00	1,860,104,522.00	1,888,338,295.00	2,032,613,606.00	2,077,615,056.00

Viet Nam Joint Stock Commercial Bank For Industry And Trade Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Viet Nam Joint Stock Commercial Bank For Industry And Trade's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	125871820	+	1906741786
	=	2,032,613,606

Viet Nam Joint Stock Commercial Bank For Industry And Trade's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	130582488	+	1947032568
	=	2,077,615,056

Viet Nam Joint Stock Commercial Bank For Industry And Trade (STC:CTG) Total Assets Explanation

Total Assets is connected with ROA %.

Viet Nam Joint Stock Commercial Bank For Industry And Trade's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	19835240	/	( (2032613606	+	2077615056)	/ 2 )
	=	19835240	/	2055114331
	=	0.97 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Viet Nam Joint Stock Commercial Bank For Industry And Trade's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	19509222	/	( (2032613606	+	2077615056)	/ 2 )
=	19509222	/	2055114331
=	0.01

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Viet Nam Joint Stock Commercial Bank For Industry And Trade Total Assets Related Terms

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Viet Nam Joint Stock Commercial Bank For Industry And Trade (STC:CTG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Viet Nam Joint Stock Commercial Bank For Industry And Trade (STC:CTG) » Definitions » Total Assets

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Address

108 Tran Hung Dao Street, Hoan Kiem District, Hanoi, VNM

Website

https://www.vietinbank.vn

Viet Nam Joint Stock Commercial Bank For Industry And Trade is a Vietnam based banking service provider. The company's operating segment include Banking financial services, Non-banking financial services, and Others. It generates maximum revenue from the Banking financial services segment. The company provides banking services including mobilizing and receiving short, medium and long-term deposits from organizations or individuals; making short, medium and long term loans and advances to organizations and individuals; conducting foreign exchange transactions, international trade finance services, discounting of commercial papers, bonds and other valuable papers and other services.