Thac Ba Hydropower JSC

  • Market Cap: Small Cap
  • Industry: Power
  • ISIN: VN000000TBC8
VND
35,700.00
-2800 (-7.27%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

N/A

Shareholding

FII

N/A

DII

N/A

Promoter

N/A

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

Poor long term growth as Operating profit has grown by an annual rate 4.23% of over the last 5 years

 
2

Flat results in Sep 25

3

With ROE of 23.93%, it has a fair valuation with a 2.12 Price to Book Value

4

Below par performance in long term as well as near term

stock-summaryMojo Parameters

Mojo Parameters

Stock DNA

stock-summary
Industry

Power

stock-summary
Market cap

VND 2,286,000 Million (Small Cap)

stock-summary
P/E

9.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

4.17%

stock-summary
Debt Equity

-0.06

stock-summary
Return on Equity

21.09%

stock-summary
Price to Book

1.91

Revenue and Profits:
Net Sales:
174,080 Million
(Quarterly Results - Sep 2025)
Net Profit:
81,066 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-10.19%
0%
-10.19%
6 Months
-10.75%
0%
-10.75%
1 Year
-12.61%
0%
-12.61%
2 Years
4.39%
0%
4.39%
3 Years
13.69%
0%
13.69%
4 Years
32.22%
0%
32.22%
5 Years
48.75%
0%
48.75%

Thac Ba Hydropower JSC for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryNews & Corporate Actions

News

Icon
No Recent News for the Company

Announcements stock-summary

Icon
No announcement available

Corporate Actions stock-summary

Icon
No corporate action available
stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
4.56%
EBIT Growth (5y)
4.23%
EBIT to Interest (avg)
27.64
Debt to EBITDA (avg)
0.14
Net Debt to Equity (avg)
-0.06
Sales to Capital Employed (avg)
0.43
Tax Ratio
15.32%
Dividend Payout Ratio
71.34%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
27.18%
ROE (avg)
22.91%

Valuation key factors

Factor
Value
P/E Ratio
9
Industry P/E
Price to Book Value
2.12
EV to EBIT
7.70
EV to EBITDA
6.23
EV to Capital Employed
2.13
EV to Sales
4.09
PEG Ratio
0.10
Dividend Yield
2.65%
ROCE (Latest)
27.63%
ROE (Latest)
23.93%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
Bullish
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Bearish
No Trend
OBV
No Trend
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshotstock-summary
Icon
No data for shareholding present.
Shareholding Compare (%holding) stock-summary
Icon
No data for shareholding present.
stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Sep'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Sep 2025 is 12.27% vs 52.51% in Jun 2025",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Sep 2025 is -1.17% vs 105.05% in Jun 2025",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Jun'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "174,079.90",
          "val2": "155,049.30",
          "chgp": "12.27%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "108,716.90",
          "val2": "106,536.50",
          "chgp": "2.05%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "52.60",
          "val2": "2,685.00",
          "chgp": "-98.04%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "81,066.40",
          "val2": "82,028.20",
          "chgp": "-1.17%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "512.90%",
          "val2": "570.20%",
          "chgp": "-5.73%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2024 is 25.00% vs -40.65% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is 35.59% vs -55.49% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "538,668.40",
          "val2": "430,943.70",
          "chgp": "25.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "347,158.50",
          "val2": "284,236.50",
          "chgp": "22.14%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "5,203.80",
          "val2": "9,372.30",
          "chgp": "-44.48%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "228,621.00",
          "val2": "168,614.10",
          "chgp": "35.59%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "489.60%",
          "val2": "457.00%",
          "chgp": "3.26%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Sep'25 - QoQstock-summary

Sep'25
Jun'25
Change(%)
Net Sales
174,079.90
155,049.30
12.27%
Operating Profit (PBDIT) excl Other Income
108,716.90
106,536.50
2.05%
Interest
52.60
2,685.00
-98.04%
Exceptional Items
0.00
0.00
Consolidate Net Profit
81,066.40
82,028.20
-1.17%
Operating Profit Margin (Excl OI)
512.90%
570.20%
-5.73%
USD in Million.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Sep 2025 is 12.27% vs 52.51% in Jun 2025

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Sep 2025 is -1.17% vs 105.05% in Jun 2025

Annual Results Snapshot (Consolidated) - Dec'24stock-summary

Dec'24
Dec'23
Change(%)
Net Sales
538,668.40
430,943.70
25.00%
Operating Profit (PBDIT) excl Other Income
347,158.50
284,236.50
22.14%
Interest
5,203.80
9,372.30
-44.48%
Exceptional Items
0.00
0.00
Consolidate Net Profit
228,621.00
168,614.10
35.59%
Operating Profit Margin (Excl OI)
489.60%
457.00%
3.26%
USD in Million.
Direction Arrows
Net Sales

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

Direction Arrows
Consolidated Net Profit

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

stock-summaryCompany CV
About Thac Ba Hydropower JSC stock-summary
stock-summary
Thac Ba Hydropower JSC
Power
Thac Ba Hydropower Joint Stock Company is a Vietnam-based company engaged in electricity generation and trading through the operation and management of hydropower plants. The Company also offers repair and maintenance services, along with training services for the operation, maintenance and management of power plants' facilities and equipment. Additionally, it is engaged in the provision of engineering, consulting and supervision services for power plant construction, as well as the trading of electrical equipment and supplies. On May 27, 2014, the Company announced that Refrigeration Electrical Engineering Corporation has acquired 58.14% of its stake.
Company Coordinates stock-summary
Company Details
To dan pho 1, Thi Tran Thac Ba, Huyen Yen Binh YEN BAI None : None
stock-summary
Tel: 84 29 388411684 216 3884116
stock-summary
Registrar Details