Vinh Son - Song Hinh Hydropower JSC (HOSE:VSH)
Vietnam flag Vietnam · Delayed Price · Currency is VND
41,600
-483 (-1.15%)
At close: Aug 13, 2026

HOSE:VSH Financials Overview

Millions VND. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,372,2192,304,0871,825,1392,572,0423,084,6371,611,301
Revenue Growth
8.36%26.24%-29.04%-16.62%91.44%373.05%
Net Income
935,055862,610442,797988,4581,256,797375,524
Earnings Per Share
3971.023651.001874.004184.005319.971609.00
EPS Growth
15.63%94.82%-55.21%-21.35%230.64%81.40%

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
893,589465,557407,165133,465131,47752,398
Total Debt
2,485,7032,704,8963,352,9733,739,0914,049,7795,069,376
Net Cash (Debt)
-1,592,114-2,239,339-2,945,809-3,605,626-3,918,302-5,016,978
Net Cash Growth
------
Net Cash Per Share
-6762.11-9479.04-12469.49-15262.47-16586.02-21498.46

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,878,4501,441,8161,576,5271,078,2031,506,546753,985
Capital Expenditures
-45,119-42,088-18,411-46,766-158,817-328,165
Free Cash Flow
1,833,3301,399,7281,558,1161,031,4371,347,728425,820
Free Cash Flow Growth
52.59%-10.17%51.06%-23.47%216.50%-

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Pretax Margin
43.84%41.55%28.60%42.47%44.73%27.99%
Profit Margin
39.42%37.44%24.26%38.43%40.74%23.31%
FCF Margin
77.28%60.75%85.37%40.10%43.69%26.43%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
3000.0003000.0002000.0004000.0003000.0001000.000
Dividend Per Share Growth
33.33%50.00%-50.00%33.33%200.00%-
Dividend Yield
6.88%6.98%4.45%10.05%12.27%4.64%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
10.8512.1926.2010.715.9418.06
Forward PE
-14.9715.8522.4214.678.85
P/FCF Ratio
5.557.517.4510.265.5415.92
PS Ratio
4.294.566.364.122.424.21