Vinh Son - Song Hinh Hydropower JSC (HOSE: VSH)

VSH Ratios and Metrics

Market cap in millions VND. Fiscal year is January - December.

Fiscal Year	Current	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Nov 20, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Market Capitalization	12,048,304	10,583,608	7,465,223	6,780,124	3,877,335	4,537,307
Market Cap Growth	14.83%	41.77%	10.10%	74.87%	-14.55%	31.34%
Enterprise Value	15,062,989	14,240,616	11,727,336	11,980,997	9,466,859	9,324,884
PE Ratio	31.83	10.65	5.17	15.07	16.84	23.48
PS Ratio	6.67	4.11	2.42	4.21	11.38	11.34
PB Ratio	2.54	2.30	1.49	1.69	1.16	1.44
P/FCF Ratio	7.81	10.26	5.54	15.92	-	-
P/OCF Ratio	7.55	9.82	4.96	8.99	16.52	24.04
EV/Sales Ratio	8.37	5.54	3.80	7.44	27.79	23.30
EV/EBITDA Ratio	11.15	6.83	4.62	9.67	48.03	36.35
EV/EBIT Ratio	19.85	9.50	6.03	15.57	83.28	53.48
EV/FCF Ratio	9.77	13.81	8.70	28.14	-	-
Debt / Equity Ratio	0.72	0.81	0.81	1.26	1.73	1.71
Debt / EBITDA Ratio	2.53	1.79	1.60	4.09	29.26	20.94
Debt / FCF Ratio	2.21	3.63	3.00	11.90	-	-
Quick Ratio	3.01	1.10	1.64	0.62	0.09	0.23
Current Ratio	3.42	1.22	1.89	0.79	0.27	0.47
Asset Turnover	0.20	0.27	0.31	0.16	0.04	0.05
Return on Equity (ROE)	7.68%	20.66%	27.99%	10.55%	5.81%	5.18%
Return on Assets (ROA)	5.24%	9.73%	12.33%	4.88%	0.76%	1.28%
Return on Capital (ROIC)	5.58%	10.76%	13.39%	5.29%	0.81%	1.35%
Earnings Yield	3.14%	9.39%	16.94%	5.71%	4.86%	3.50%
FCF Yield	12.80%	9.75%	18.05%	6.28%	-15.14%	-18.83%
Dividend Yield	11.76%	-	10.90%	4.12%	-	-
Payout Ratio	239.31%	71.30%	18.68%	-	-	-
Buyback Yield / Dilution	0.87%	-	-1.23%	-13.15%	-	-
Total Shareholder Return	12.64%	-	9.67%	-9.03%	-	-

Source: S&P Capital IQ. Utility template. Financial Sources.