Thac Ba Hydropower JSC (HOSE:TBC)

Thac Ba Hydropower JSC Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	94,367	80,302	94,333	128,306	109,112	94,607
Short-Term Investments	71,552	42,000	8,300	10,000	95,500	102,122
Trading Asset Securities	11,713	13,695	13,695	-	-	-
Accounts Receivable	109,419	66,180	98,294	158,266	135,193	79,076
Other Receivables	9,099	3,777	4,601	11,690	4,477	7,397
Inventory	5,429	5,080	5,340	5,528	4,071	4,209
Prepaid Expenses	2,080	568.57	229.43	467.35	-	-
Loans Receivable Current	-	6,000	-	5,000	17,000	-
Other Current Assets	2,934	4,550	10,685	54,425	5,005	22,871
Total Current Assets	306,593	222,151	235,477	373,682	370,359	310,282
Property, Plant & Equipment	1,113,692	1,119,127	1,015,780	883,792	925,935	997,262
Goodwill	50,525	62,815	79,201	95,588	111,975	128,361
Other Intangible Assets	14,360	14,898	15,656	16,503	16,650	17,320
Long-Term Investments	230,950	171,098	160,406	163,470	165,412	116,782
Long-Term Loans Receivable	-	59,000	10,000	-	-	-
Long-Term Deferred Tax Assets	819.03	885.52	974.16	1,064	-	-
Other Long-Term Assets	14,135	3,293	2,323	1,813	4,173	3,738
Total Assets	1,731,074	1,653,267	1,519,817	1,535,913	1,594,504	1,573,745

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	6,523	29,067	27,014	4,289	5,778	2,185
Accrued Expenses	58,858	23,804	16,691	17,822	25,346	24,168
Current Portion of Long-Term Debt	-	15,767	45,421	60,000	60,000	44,000
Current Income Taxes Payable	-	18,230	3,872	1,694	18,255	8,965
Other Current Liabilities	90,933	12,507	48,804	67,999	5,815	67,145
Total Current Liabilities	155,006	99,375	141,801	151,804	115,195	146,463
Long-Term Debt	69,954	74,892	9,679	45,000	105,000	211,829
Long-Term Unearned Revenue	3,977	3,872	3,498	-	-	-
Other Long-Term Liabilities	-	0	-	-	-	-
Total Liabilities	228,936	178,138	154,979	196,804	220,195	358,292

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	635,000	635,000	635,000	635,000	635,000	635,000
Retained Earnings	548,447	533,177	441,066	425,543	462,587	333,680
Total Common Equity	1,183,447	1,168,177	1,076,066	1,060,543	1,097,587	968,680
Minority Interest	318,690	306,952	288,773	278,566	276,722	246,774
Shareholders' Equity	1,502,138	1,475,129	1,364,838	1,339,109	1,374,309	1,215,454
Total Liabilities & Equity	1,731,074	1,653,267	1,519,817	1,535,913	1,594,504	1,573,745

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	69,954	90,658	55,100	105,000	165,000	255,829
Net Cash (Debt)	107,678	45,338	61,228	33,306	39,612	-59,099
Net Cash Growth	49.40%	-25.95%	83.84%	-15.92%	-	-
Net Cash Per Share	1695.53	713.98	964.22	524.50	623.82	-930.69
Filing Date Shares Outstanding	63.48	63.5	63.5	63.5	63.5	63.5
Total Common Shares Outstanding	63.48	63.5	63.5	63.5	63.5	63.5
Working Capital	151,587	122,776	93,676	221,878	255,164	163,819
Book Value Per Share	18641.96	18396.49	16945.91	16701.46	17284.83	15254.80
Tangible Book Value	1,118,562	1,090,465	981,208	948,451	968,962	822,998
Tangible Book Value Per Share	17619.87	17172.68	15452.10	14936.24	15259.24	12960.60
Buildings	-	1,357,254	1,354,145	1,353,220	1,345,820	1,344,803
Machinery	-	1,488,426	1,252,948	1,242,692	1,228,862	1,224,810
Construction In Progress	-	133,029	197,738	11,552	5,982	3,298

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 30, 2026

Data Sources Report a data error