Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
0%
0%
0.0%
6 Months
-25.24%
0%
-25.24%
1 Year
-37.9%
0%
-37.9%
2 Years
-41.22%
0%
-41.22%
3 Years
-45.0%
0%
-45.0%
4 Years
-63.68%
0%
-63.68%
5 Years
-39.37%
0%
-39.37%
Ninh Binh Thermal Power JSC for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
-16.99%
EBIT Growth (5y)
-30.85%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0.29
Net Debt to Equity (avg)
-0.04
Sales to Capital Employed (avg)
3.49
Tax Ratio
8.89%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
9.98%
ROE (avg)
7.02%
Valuation key factors
Factor
Value
P/E Ratio
Industry P/E
Price to Book Value
NA
EV to EBIT
-7.22
EV to EBITDA
-0.55
EV to Capital Employed
-0.04
EV to Sales
-0.02
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
0.10%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
Bullish
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQ
Dec'25
Sep'25
Change(%)
Net Sales
40,942.70
153,627.20
-73.35%
Operating Profit (PBDIT) excl Other Income
3,147.70
2,971.10
5.94%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Consolidate Net Profit
-816.00
-1,256.70
35.07%
Operating Profit Margin (Excl OI)
-26.40%
-8.20%
-1.82%
USD in Million.
Net Sales
QoQ Growth in quarter ended Dec 2025 is -73.35% vs 29.73% in Sep 2025
Consolidated Net Profit
QoQ Growth in quarter ended Dec 2025 is 35.07% vs -124.09% in Sep 2025
Annual Results Snapshot (Consolidated) - Dec'25
Dec'25
Dec'24
Change(%)
Net Sales
359,377.90
1,160,602.80
-69.04%
Operating Profit (PBDIT) excl Other Income
24,858.50
7,800.00
218.70%
Interest
0.00
2,503.00
-100.00%
Exceptional Items
0.00
0.00
Consolidate Net Profit
8,171.80
-13,109.80
162.33%
Operating Profit Margin (Excl OI)
22.00%
-8.20%
3.02%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2025 is -69.04% vs 23.16% in Dec 2024
Consolidated Net Profit
YoY Growth in year ended Dec 2025 is 162.33% vs -251.75% in Dec 2024
About Ninh Binh Thermal Power JSC 
Ninh Binh Thermal Power JSC
Power
Ninh Binh Thermal Power Joint-Stock Company is a Vietnam-based company engaged in the electric utilities industry. It operates a thermal power plant and generates electricity for sale. The Company also produces chemicals, such as calcium carbide and concrete additives. In addition, it manages, operates, maintains, repairs, experiments and adjusts electric, thermal and mechanical power equipment and plant projects; installs electricity cable networks and transformers. Other activities include the wholesale of industrial machinery and equipment, as well as the provision of human resource training services on the management, operation, maintenance and repair of equipment of electric power plants. The Company announces that POWER GENERATION CORPORATION 3 (EVNGENCO 3) has completed the acquisition of 54.76% stake in the Company on December 20, 2013.






