Thac Ba Hydropower JSC (HOSE:TBC)

Vietnam · Delayed Price · Currency is VND

31,900

-100 (-0.31%)

At close: Jul 24, 2026

Thac Ba Hydropower JSC Financials Overview

Financials in millions VND. Fiscal year is January - December.

Millions VND. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	611,841	562,827	538,668	430,944	726,080	495,240
Revenue Growth	15.55%	4.49%	25.00%	-40.65%	46.61%	-7.09%
Net Income	234,372	192,191	173,198	121,951	319,907	164,103
Earnings Per Share	3690.89	3026.63	2727.53	1920.00	5037.91	2584.00
EPS Growth	43.87%	10.97%	42.06%	-61.89%	94.97%	-7.01%

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	110,363	135,996	116,328	138,306	204,612	196,730
Total Debt	96,186	90,658	55,100	105,000	165,000	255,829
Net Cash (Debt)	14,177	45,338	61,228	33,306	39,612	-59,099
Net Cash Growth	-78.59%	-25.95%	83.84%	-15.92%	-	-
Net Cash Per Share	223.25	713.98	964.22	524.50	623.82	-930.69

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	282,964	383,459	384,003	188,461	430,651	315,242
Capital Expenditures	-185,335	-173,030	-139,352	-81,917	-6,004	-25,622
Free Cash Flow	97,630	210,429	244,651	106,544	424,647	289,620
Free Cash Flow Growth	-56.56%	-13.99%	129.63%	-74.91%	46.62%	-9.81%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Pretax Margin	56.94%	52.86%	50.12%	45.71%	62.43%	49.85%
Profit Margin	38.31%	34.15%	32.15%	28.30%	44.06%	33.14%
FCF Margin	15.96%	37.39%	45.42%	24.72%	58.48%	58.48%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 25, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	2000.000	-	2000.000	2000.000	3000.000	2500.000
Dividend Per Share Growth	50.00%	-	0%	-33.33%	20.00%	0%
Dividend Yield	6.25%	-	5.25%	6.17%	12.76%	11.48%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 25, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	8.64	11.63	15.40	19.79	5.86	11.65
P/FCF Ratio	20.75	10.62	10.90	22.65	4.41	6.60
PS Ratio	3.31	3.97	4.95	5.60	2.58	3.86