Thac Ba Hydropower JSC Annual Results: Standalone & Consolidated Reports

Annual Results

Results Snapshot

Figures in Million

Consolidate Annual Results

Dec'24

Dec'23

Dec'22

Dec'21

Dec'20

Dec'19

Dec'18

Net Sales

5,38,668.44

4,30,943.70

7,26,080.26

4,95,240.06

5,33,010.77

2,96,912.45

3,96,075.33

Other Operating Income

0.00

Total Operating income

5,38,668.44

4,30,943.70

7,26,080.26

4,95,240.06

5,33,010.77

2,96,912.45

3,96,075.33

Raw Material Cost

2,29,736.12

1,93,147.90

2,23,829.98

2,05,889.53

2,18,614.56

1,29,262.71

1,36,084.73

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

52,861.25

51,056.47

55,116.15

47,214.81

47,382.97

37,484.11

40,455.25

Power Cost

0.00

Manufacturing Expenses

5,203.79

9,372.33

15,661.78

23,935.38

36,331.16

14,128.24

2,739.00

Selling and Distribution Expenses

45,219.19

40,866.59

46,213.76

36,212.73

34,556.77

28,291.56

35,560.09

Other Expenses

-5,806.50

-6,042.88

-7,077.79

-7,115.02

-8,371.41

-5,161.23

-4,319.42

Total Expenditure (Excl Depreciation)

2,74,955.31

2,34,014.48

2,70,043.74

2,42,102.27

2,53,171.32

1,57,554.27

1,71,644.81

Operating Profit (PBDIT) excl Other Income

263713.10000000003

196929.19999999998

456036.5

253137.8

279839.39999999997

139358.2

224430.5

Other Income

11,464.55

9,416.76

12,905.36

17,072.65

12,925.01

33,385.81

34,077.09

Operating Profit (PBDIT)

3,58,623.05

2,93,653.24

5,65,205.16

3,66,559.04

3,92,224.85

2,25,928.72

3,03,553.59

Interest

5,203.79

9,372.33

15,661.78

23,935.38

36,331.16

14,128.24

2,739.00

Exceptional Items

0.00

582.57

3,984.41

0.00

Gross Profit (PBDT)

3,08,932.32

2,37,795.80

5,02,250.28

2,89,350.52

3,14,396.21

1,67,649.74

2,59,990.60

Depreciation

83,445.37

87,307.27

96,263.27

96,348.60

99,460.40

53,184.73

45,045.98

Profit Before Tax

2,69,973.89

1,96,973.64

4,53,280.11

2,46,857.64

2,60,417.70

1,58,615.75

2,55,768.61

Tax

41,352.88

28,359.54

74,491.99

37,389.25

42,134.96

30,510.88

50,221.36

Provisions and contingencies

0.00

Profit After Tax

1,78,027.54

1,25,706.03

3,23,907.07

1,68,603.01

1,80,948.10

1,26,736.62

2,05,547.24

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1,78,027.54

1,25,706.03

3,23,907.07

1,68,603.01

1,80,948.10

1,26,736.62

2,05,547.24

Share in Profit of Associates

0.00

Minority Interest

50,593.46

42,908.08

54,881.05

40,865.39

37,334.64

1,368.25

0.00

Other related items

0.00

Consolidated Net Profit

2,28,621.01

1,68,614.10

3,78,788.13

2,09,468.39

2,18,282.74

1,28,104.87

2,05,547.24

Equity Capital

0.00

Face Value

10000.0

Reserves

10,76,065.54

10,60,542.70

10,97,586.67

9,68,679.60

10,26,826.59

9,76,805.05

8,85,606.44

Earnings per share (EPS)

2803.58

1979.62

5100.9

2655.17

2849.58

1995.85

3236.96

Diluted Earnings per share

2803.58

1979.62

5100.9

2655.17

2849.58

1995.85

3236.96

Operating Profit Margin (Excl OI)

48.96%

45.7%

62.81%

51.11%

52.5%

46.94%

56.66%

Gross Profit Margin

65.61%

65.97%

75.69%

69.3%

67.52%

71.33%

75.95%

PAT Margin

33.05%

29.17%

44.61%

34.04%

33.95%

42.68%

51.9%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Annual Analysis Highlights

Net Sales

YoY Growth in year ended Dec 2024 is 25.00% vs -40.65% in Dec 2023

Consolidate Net Profit

YoY Growth in year ended Dec 2024 is 35.59% vs -55.49% in Dec 2023

Operating Profit (PBDIT) excl Other Income

YoY Growth in year ended Dec 2024 is 22.14% vs -48.54% in Dec 2023

Interest

YoY Growth in year ended Dec 2024 is -44.48% vs -40.16% in Dec 2023

Operating Profit Margin (Excl OI)

YoY Growth in year ended Dec 2024 has improved from Dec 2023

Compare Annual Results Of Thac Ba Hydropower JSC With

Select Peers

Figures in Million

Consolidate Annual Results

Change(VND)

Change(%)

Net Sales

5,38,668.44

5,86,228.64

-47,560.20

-8.11%

Other Operating Income

0.00

Total Operating income

5,38,668.44

5,86,228.64

-47,560.20

-8.11%

Raw Material Cost

2,29,736.12

2,78,729.41

-48,993.29

-17.58%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

52,861.25

52,060.26

800.99

1.54%

Power Cost

0.00

Manufacturing Expenses

5,203.79

10,894.33

-5,690.54

-52.23%

Selling and Distribution Expenses

45,219.19

40,117.50

5,101.69

12.72%

Other Expenses

-5,806.50

-6,295.46

488.96

7.77%

Total Expenditure (Excl Depreciation)

2,74,955.31

3,18,846.91

-43,891.60

-13.77%

Operating Profit (PBDIT) excl Other Income

2,63,713.13

267,381.74

-3,668.61

-1.37%

Other Income

11,464.55

6,401.11

5,063.44

79.10%

Operating Profit (PBDIT)

3,58,623.05

4,31,105.65

-72,482.60

-16.81%

Interest

5,203.79

10,894.33

-5,690.54

-52.23%

Exceptional Items

0.00

3,132.65

-3,132.65

-100.00%

Gross Profit (PBDT)

3,08,932.32

3,07,499.23

1,433.09

0.47%

Depreciation

83,445.37

1,57,519.12

-74,073.75

-47.03%

Profit Before Tax

2,69,973.89

2,65,824.86

4,149.03

1.56%

Tax

41,352.88

53,596.68

-12,243.80

-22.84%

Provisions and contingencies

0.00

Profit After Tax

1,78,027.54

2,12,228.18

-34,200.64

-16.12%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1,78,027.54

2,12,228.18

-34,200.64

-16.12%

Share in Profit of Associates

0.00

Minority Interest

50,593.46

0.00

50,593.46

Other related items

0.00

Consolidated Net Profit

2,28,621.01

2,12,228.18

16,392.83

7.72%

Equity Capital

0.00

Face Value

10,000.00

0.00

Reserves

10,76,065.54

14,03,334.29

-3,27,268.75

-23.32%

Earnings per share (EPS)

2,803.58

1,991.08

812.50

40.81%

Diluted Earnings per share

2,803.58

1,991.08

812.50

40.81%

Operating Profit Margin (Excl OI)

48.96%

45.58%

0.00

3.38%

Gross Profit Margin

65.61%

72.21%

0.00

-6.60%

PAT Margin

33.05%

36.20%

0.00

-3.15%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Annual - Net Sales

Net Sales 53,866.84 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is 25.00% vs -40.65% in Dec 2023

Annual - Consolidate Net Profit

Consolidate Net Profit 22,862.10 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is 35.59% vs -55.49% in Dec 2023

Annual - Operating Profit (PBDIT)

Operating Profit (PBDIT) 34,715.85 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is 22.14% vs -48.54% in Dec 2023

Annual - Interest

Interest 520.38 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is -44.48% vs -40.16% in Dec 2023

Annual - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 48.96%

in Dec 2024

Figures in %

YoY Growth in year ended Dec 2024 has improved from Dec 2023