Compare Pha Lai Thermal Power JSC with Similar Stocks
Dashboard
1
The company has declared negative results for the last 2 consecutive quarters
- The company has declared negative results in Sep 24 after 2 consecutive negative quarters
- ROCE(HY) Lowest at 4.88%
- NET SALES(Q) At VND 1,496,737.23 MM has Fallen at -10.54%
- INTEREST(Q) At VND 703.5 MM has Grown at inf%
2
Consistent Underperformance against the benchmark over the last 3 years
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-10.45%
0%
-10.45%
6 Months
-12.2%
0%
-12.2%
1 Year
-19.64%
0%
-19.64%
2 Years
-35.48%
0%
-35.48%
3 Years
-43.57%
0%
-43.57%
4 Years
-48.42%
0%
-48.42%
5 Years
-60.95%
0%
-60.95%
Pha Lai 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)
-3.70%
EBIT Growth (5y)
-29.99%
EBIT to Interest (avg)
-40,324.46
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.49
Tax Ratio
15.47%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
1.63%
ROE (avg)
9.22%
Valuation key factors
Factor
Value
P/E Ratio
18
Industry P/E
Price to Book Value
0.69
EV to EBIT
16.94
EV to EBITDA
13.85
EV to Capital Employed
0.65
EV to Sales
0.40
PEG Ratio
NA
Dividend Yield
5.22%
ROCE (Latest)
3.85%
ROE (Latest)
3.80%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Mildly Bearish
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
1,592,736.80
1,496,737.20
6.41%
Operating Profit (PBDIT) excl Other Income
137,976.10
-40,526.50
440.46%
Interest
1,298.00
703.50
84.51%
Exceptional Items
0.00
0.00
Consolidate Net Profit
125,725.40
-14,287.20
979.99%
Operating Profit Margin (Excl OI)
86.60%
-34.90%
12.15%
USD in Million.
Net Sales
QoQ Growth in quarter ended Dec 2025 is 6.41% vs -22.86% in Sep 2025
Consolidated Net Profit
QoQ Growth in quarter ended Dec 2025 is 979.99% vs -334.53% in Sep 2025
Annual Results Snapshot (Consolidated) - Dec'25
Dec'25
Dec'24
Change(%)
Net Sales
6,565,826.00
7,681,064.40
-14.52%
Operating Profit (PBDIT) excl Other Income
195,684.00
145,368.10
34.61%
Interest
2,044.00
3,120.60
-34.50%
Exceptional Items
0.00
0.00
Consolidate Net Profit
165,179.50
427,065.50
-61.32%
Operating Profit Margin (Excl OI)
22.80%
11.40%
1.14%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2025 is -14.52% vs 32.12% in Dec 2024
Consolidated Net Profit
YoY Growth in year ended Dec 2025 is -61.32% vs 12.36% in Dec 2024
About Pha Lai Thermal Power JSC 
Pha Lai Thermal Power JSC
Power
Pha Lai Thermal Power Joint Stock Company is a Vietnam-based electricity company. It is engaged in the operation, maintenance and management of the thermal power plant in Hai Duong Province for electricity generation and distribution. The Company also constructs power plants and transmission lines. In addition, it is involved in the trading of equipment and machinery used in the electricity sector, as well as the provision of repair and maintenance services. Other activities include the manufacture and trading of gypsum, clinker and concrete additives. The Company announces that Vietnam Electricity Group (EVN) has completed its divestment of 51% stake in the Company to Power Generation Corporation 2 (EVNGenco2) on November 7, 2013.






