Sesan4A Hydropower（S4A）株式概要Sesan4A Hydropower Joint Stock Company は、ベトナムでの電力生産と配電に従事している。 詳細S4A ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長0/6過去の実績5/6財務の健全性6/6配当金3/6報酬当社が推定した公正価値より52.6%で取引されている 過去1年間で収益は94.3%増加しました リスク分析過去5年間で収益は年間1.1%減少しました。 7.08%の配当は利益で十分にカバーされていない 意味のある時価総額がありません ( ₫1,372B )すべてのリスクチェックを見るS4A Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value₫Current Price₫32.50k56.5% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0353b2016201920222025202620282031Revenue ₫352.9bEarnings ₫185.1bAdvancedSet Fair ValueView all narrativesSesan4A Hydropower Joint Stock Company 競合他社Mien Trung Power Investment and DevelopmentSymbol: HNX:SEBMarket cap: ₫1.3tThac Ba HydropowerSymbol: HOSE:TBCMarket cap: ₫2.0tCan Don Hydro PowerSymbol: HOSE:SJDMarket cap: ₫976.3bSong BaSymbol: HOSE:SBAMarket cap: ₫1.7t価格と性能株価の高値、安値、推移の概要Sesan4A Hydropower過去の株価現在の株価₫32,500.0052週高値₫39,000.0052週安値₫32,000.00ベータ-0.0931ヶ月の変化-7.67%3ヶ月変化-3.85%1年変化-9.72%3年間の変化-7.14%5年間の変化22.41%IPOからの変化108.33%最新ニュースReported Earnings • Apr 23First quarter 2026 earnings released: EPS: ₫1,124 (vs ₫437 in 1Q 2025)First quarter 2026 results: EPS: ₫1,124 (up from ₫437 in 1Q 2025). Revenue: ₫53.6b (up 14% from 1Q 2025). Net income: ₫47.4b (up 157% from 1Q 2025). Profit margin: 88% (up from 39% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Apr 16Upcoming dividend of ₫1,600 per shareEligible shareholders must have bought the stock before 23 April 2026. Payment date: 12 May 2026. Payout ratio and cash payout ratio are on the higher end at 95% and 84% respectively. Trailing yield: 6.6%. Lower than top quartile of Vietnamese dividend payers (7.6%). In line with average of industry peers (6.0%).お知らせ • Mar 24Sesan4A Hydropower Joint Stock Company, Annual General Meeting, Apr 10, 2026Sesan4A Hydropower Joint Stock Company, Annual General Meeting, Apr 10, 2026, at 08:30 SE Asia Standard Time. Location: muong thnh plaza gia lai hotel, no 537 hung vuong street, pleiku ward, gia lai province, VietnamReported Earnings • Jan 21Full year 2025 earnings released: EPS: ₫3,453 (vs ₫2,088 in FY 2024)Full year 2025 results: EPS: ₫3,453 (up from ₫2,088 in FY 2024). Revenue: ₫326.6b (up 32% from FY 2024). Net income: ₫145.7b (up 65% from FY 2024). Profit margin: 45% (up from 36% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Declared Dividend • Dec 18Dividend increased to ₫1,500Dividend of ₫1,500 is 25% higher than last year. Ex-date: 23rd December 2025 Payment date: 9th January 2026 Dividend yield will be 6.8%, which is about the same as the industry average. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio). However, it is covered by cash flows (77% cash payout ratio). The dividend has increased by an average of 1.6% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 5.9% to bring the payout ratio under control, which is less than the 8.4% EPS growth achieved over the last 5 years.Board Change • Dec 04Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Lan Phan was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.最新情報をもっと見るRecent updatesReported Earnings • Apr 23First quarter 2026 earnings released: EPS: ₫1,124 (vs ₫437 in 1Q 2025)First quarter 2026 results: EPS: ₫1,124 (up from ₫437 in 1Q 2025). Revenue: ₫53.6b (up 14% from 1Q 2025). Net income: ₫47.4b (up 157% from 1Q 2025). Profit margin: 88% (up from 39% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Apr 16Upcoming dividend of ₫1,600 per shareEligible shareholders must have bought the stock before 23 April 2026. Payment date: 12 May 2026. Payout ratio and cash payout ratio are on the higher end at 95% and 84% respectively. Trailing yield: 6.6%. Lower than top quartile of Vietnamese dividend payers (7.6%). In line with average of industry peers (6.0%).お知らせ • Mar 24Sesan4A Hydropower Joint Stock Company, Annual General Meeting, Apr 10, 2026Sesan4A Hydropower Joint Stock Company, Annual General Meeting, Apr 10, 2026, at 08:30 SE Asia Standard Time. Location: muong thnh plaza gia lai hotel, no 537 hung vuong street, pleiku ward, gia lai province, VietnamReported Earnings • Jan 21Full year 2025 earnings released: EPS: ₫3,453 (vs ₫2,088 in FY 2024)Full year 2025 results: EPS: ₫3,453 (up from ₫2,088 in FY 2024). Revenue: ₫326.6b (up 32% from FY 2024). Net income: ₫145.7b (up 65% from FY 2024). Profit margin: 45% (up from 36% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Declared Dividend • Dec 18Dividend increased to ₫1,500Dividend of ₫1,500 is 25% higher than last year. Ex-date: 23rd December 2025 Payment date: 9th January 2026 Dividend yield will be 6.8%, which is about the same as the industry average. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio). However, it is covered by cash flows (77% cash payout ratio). The dividend has increased by an average of 1.6% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 5.9% to bring the payout ratio under control, which is less than the 8.4% EPS growth achieved over the last 5 years.Board Change • Dec 04Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Lan Phan was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 22Third quarter 2025 earnings released: EPS: ₫997 (vs ₫1,185 in 3Q 2024)Third quarter 2025 results: EPS: ₫997 (down from ₫1,185 in 3Q 2024). Revenue: ₫87.6b (flat on 3Q 2024). Net income: ₫42.1b (down 16% from 3Q 2024). Profit margin: 48% (down from 57% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.New Risk • Oct 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). Dividend is not well covered by cash flows (97% cash payout ratio). Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (₫1.47t market cap, or US$55.8m).Reported Earnings • Jul 22Second quarter 2025 earnings released: EPS: ₫335 (vs ₫48.46 loss in 2Q 2024)Second quarter 2025 results: EPS: ₫335 (up from ₫48.46 loss in 2Q 2024). Revenue: ₫63.5b (up 66% from 2Q 2024). Net income: ₫14.1b (up ₫16.2b from 2Q 2024). Profit margin: 22% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has remained flat, which means it is well ahead of earnings.New Risk • Jul 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (99% cash payout ratio). Share price has been volatile over the past 3 months (6.0% average weekly change). Market cap is less than US$100m (₫1.54t market cap, or US$58.5m).Declared Dividend • May 01Dividend of ₫800 announcedShareholders will receive a dividend of ₫800. Ex-date: 15th May 2025 Payment date: 30th May 2025 Dividend yield will be 5.4%, which is lower than the industry average of 6.7%. Sustainability & Growth Dividend is covered by earnings (61% earnings payout ratio) but not adequately covered by cash flows (99% cash payout ratio). The dividend has increased by an average of 4.2% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 32% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.9% EPS decline seen over the last 5 years.Buy Or Sell Opportunity • Apr 23Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 4.3% to ₫36,700. The fair value is estimated to be ₫30,050, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.0% over the last 3 years. Earnings per share has declined by 9.9%.お知らせ • Apr 09Sesan4A Hydropower Joint Stock Company, Annual General Meeting, Apr 25, 2025Sesan4A Hydropower Joint Stock Company, Annual General Meeting, Apr 25, 2025, at 08:30 SE Asia Standard Time. Location: muong thanh gia lai hotel, no. 537, hung vuong street, pleiku city, gia lai province, VietnamReported Earnings • Mar 18Full year 2024 earnings released: EPS: ₫2,088 (vs ₫3,256 in FY 2023)Full year 2024 results: EPS: ₫2,088 (down from ₫3,256 in FY 2023). Revenue: ₫247.7b (down 14% from FY 2023). Net income: ₫88.1b (down 36% from FY 2023). Profit margin: 36% (down from 48% in FY 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Buy Or Sell Opportunity • Mar 18Now 21% overvaluedOver the last 90 days, the stock has fallen 2.9% to ₫36,500. The fair value is estimated to be ₫30,045, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.0% over the last 3 years. Earnings per share has declined by 9.9%.Declared Dividend • Dec 04Third quarter dividend of ₫1,200 announcedShareholders will receive a dividend of ₫1,200. Ex-date: 19th December 2024 Payment date: 8th January 2025 Dividend yield will be 7.8%, which is higher than the industry average of 6.7%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (87% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 2.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Dec 03Sesan4A Hydropower Joint Stock Company Approves First Phase of 2024 Cash Dividend, Payable on January 8, 2025On December 02, 2024, the Board of Directors of Sesan 4A Hydropower Joint Stock Company approved to pay for the first phase of 2024 cash dividend: Record date: December 20, 2024, Exercise ratio: 12%/share (VND 1,200/share) and Payment date: January 08, 2025.Reported Earnings • Oct 15Third quarter 2024 earnings released: EPS: ₫1,185 (vs ₫955 in 3Q 2023)Third quarter 2024 results: EPS: ₫1,185 (up from ₫955 in 3Q 2023). Revenue: ₫86.9b (up 7.0% from 3Q 2023). Net income: ₫50.0b (up 24% from 3Q 2023). Profit margin: 57% (up from 50% in 3Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Sep 27Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to ₫37,000. The fair value is estimated to be ₫46,719, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.1%.Buy Or Sell Opportunity • Aug 28Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.6% to ₫36,550. The fair value is estimated to be ₫46,719, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.1%.Reported Earnings • Jul 17Second quarter 2024 earnings released: ₫46.00 loss per share (vs ₫438 profit in 2Q 2023)Second quarter 2024 results: ₫46.00 loss per share (down from ₫438 profit in 2Q 2023). Revenue: ₫38.3b (down 26% from 2Q 2023). Net loss: ₫1.95b (down 111% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • May 09Upcoming dividend of ₫500 per shareEligible shareholders must have bought the stock before 16 May 2024. Payment date: 30 May 2024. Payout ratio is on the higher end at 99%, and the cash payout ratio is above 100%. Trailing yield: 7.4%. Lower than top quartile of Vietnamese dividend payers (8.7%). Lower than average of industry peers (10%).お知らせ • Apr 27Sesan4A Hydropower Joint Stock Company Approves 3rd Cash Dividend in 2023, Payable on May 30, 2024The board of directors of Sesan4A Hydropower Joint Stock Company issued the Board resolution dated April 25, 2024 to approve the record date for the 3rd cash dividend payment in 2023 as: Exercise ratio: 5%/par value (VND 500 per share). Record date: May 17, 2024. Payment date: May 30, 2024.Reported Earnings • Apr 14First quarter 2024 earnings released: EPS: ₫307 (vs ₫525 in 1Q 2023)First quarter 2024 results: EPS: ₫307 (down from ₫525 in 1Q 2023). Revenue: ₫44.1b (down 17% from 1Q 2023). Net income: ₫12.9b (down 42% from 1Q 2023). Profit margin: 29% (down from 42% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year.Buy Or Sell Opportunity • Mar 22Now 21% undervaluedOver the last 90 days, the stock has risen 6.9% to ₫38,200. The fair value is estimated to be ₫48,265, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 18%.Board Change • Feb 21Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Lan Phan was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • Feb 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 4.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (92% payout ratio). Share price has been volatile over the past 3 months (4.9% average weekly change). Market cap is less than US$100m (₫1.54t market cap, or US$63.2m).Upcoming Dividend • Jan 11Upcoming dividend of ₫1,200 per share at 8.8% yieldEligible shareholders must have bought the stock before 18 January 2024. Payment date: 31 January 2024. Trailing yield: 8.8%. Within top quartile of Vietnamese dividend payers (8.7%). Higher than average of industry peers (6.3%).お知らせ • Jan 09Sesan4A Hydropower Joint Stock Company Approves 2nd Cash Dividend Payment in 2023, payable on January 31, 2024On January 08, 2024, the BOD Sesan4A Hydropower Joint Stock Company issued the Board resolution to approve the plan to pay for the 2nd cash dividend in 2023 as follows: Exercise ratio is 12% (1,200 VND/share). Record date is January 19, 2024. Payment date is January 31, 2024.Reported Earnings • Jan 09Full year 2023 earnings released: EPS: ₫3,258 (vs ₫4,108 in FY 2022)Full year 2023 results: EPS: ₫3,258 (down from ₫4,108 in FY 2022). Revenue: ₫286.4b (down 7.1% from FY 2022). Net income: ₫137.5b (down 21% from FY 2022). Profit margin: 48% (down from 56% in FY 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 19Upcoming dividend of ₫1,800 per share at 8.3% yieldEligible shareholders must have bought the stock before 25 December 2023. Payment date: 08 January 2024. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 8.3%. Lower than top quartile of Vietnamese dividend payers (9.0%). Higher than average of industry peers (5.1%).Upcoming Dividend • Dec 11Upcoming dividend of ₫3,000 per share at 5.7% yieldEligible shareholders must have bought the stock before 18 December 2023. Payment date: 08 January 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 5.7%. Lower than top quartile of Vietnamese dividend payers (9.2%). Higher than average of industry peers (4.9%).お知らせ • Dec 07+ 1 more updateSesan4A Hydropower Joint Stock Company Approves Second Phase of 2022 Dividend Payable on December 28, 2023The Board of Directors of Sesan 4A Hydropower Joint Stock Company approved to pay for the 2022 dividend in cash. The second phase of 2022: 12% par value(VND 1,200/share). The second phase of 2022 dividend payable on December 28, 2023 and record date of December 19, 2023.New Risk • Oct 24New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 43% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (43% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (₫1.43t market cap, or US$58.3m).Reported Earnings • Jul 20Second quarter 2023 earnings released: EPS: ₫435 (vs ₫732 in 2Q 2022)Second quarter 2023 results: EPS: ₫435 (down from ₫732 in 2Q 2022). Revenue: ₫52.0b (down 30% from 2Q 2022). Net income: ₫18.3b (down 41% from 2Q 2022). Profit margin: 35% (down from 41% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 12Upcoming dividend of ₫800 per share at 6.2% yieldEligible shareholders must have bought the stock before 19 July 2023. Payment date: 31 July 2023. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 6.2%. Lower than top quartile of Vietnamese dividend payers (8.5%). Higher than average of industry peers (4.5%).Reported Earnings • Apr 13First quarter 2023 earnings released: EPS: ₫525 (vs ₫532 in 1Q 2022)First quarter 2023 results: EPS: ₫525 (down from ₫532 in 1Q 2022). Revenue: ₫52.9b (flat on 1Q 2022). Net income: ₫22.2b (down 1.2% from 1Q 2022). Profit margin: 42% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Feb 14Upcoming dividend of ₫600 per share at 6.1% yieldEligible shareholders must have bought the stock before 21 February 2023. Payment date: 15 March 2023. Trailing yield: 6.1%. Lower than top quartile of Vietnamese dividend payers (9.1%). Higher than average of industry peers (3.6%).お知らせ • Feb 04Sesan4a Hydropower Joint Stock Company Approves Third DividendSesan4A Hydropower Joint Stock Company approved the third dividend of 6% (600 dong/share). Record date is February 22, 2023. The dividend will be payable on March 15, 2023.Board Change • Jan 30Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Lan Phan was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Jan 18Full year 2022 earnings released: EPS: ₫4,112 (vs ₫3,332 in FY 2021)Full year 2022 results: EPS: ₫4,112 (up from ₫3,332 in FY 2021). Revenue: ₫308.1b (up 8.1% from FY 2021). Net income: ₫173.5b (up 23% from FY 2021). Profit margin: 56% (up from 49% in FY 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 02Upcoming dividend of ₫1,500 per shareEligible shareholders must have bought the stock before 09 December 2022. Payment date: 05 January 2023. Trailing yield: 7.4%. Lower than top quartile of Vietnamese dividend payers (9.1%). Higher than average of industry peers (3.9%).お知らせ • Dec 01Sesan4A Hydropower Joint Stock Company Approves Cash Dividend for the Second Phase of the 2021, Payable on January 5, 2023The board of directors of Sesan4A Hydropower Joint Stock Company approved to pay for the second phase of the 2021 dividend in cash. Record date is December 12, 2022. Payment date January 05, 2023. Dividend pay-out ratio: 15% par value (VND 1,500/share).Board Change • Nov 18Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Lan Phan was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 16Third quarter 2022 earnings released: EPS: ₫661 (vs ₫604 in 3Q 2021)Third quarter 2022 results: EPS: ₫661 (up from ₫604 in 3Q 2021). Revenue: ₫81.1b (up 28% from 3Q 2021). Net income: ₫27.9b (up 9.4% from 3Q 2021). Profit margin: 34% (down from 40% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 25Second quarter 2022 earnings released: EPS: ₫733 (vs ₫562 in 2Q 2021)Second quarter 2022 results: EPS: ₫733 (up from ₫562 in 2Q 2021). Revenue: ₫74.7b (up 23% from 2Q 2021). Net income: ₫30.9b (up 31% from 2Q 2021). Profit margin: 41% (up from 39% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year.お知らせ • Jul 19Sesan 4A Hydropower Joint Stock Company Approves First Cash Dividend for 2021, Payable on August 22, 2022The BOD of Sesan 4A HydroElectric Joint Stock Company approved to pay first cash dividend for 2021 with details as follows: Exercise ratio: 10%/share (VND 1,000 /share); Record date: July 22, 2022; Payment date: August 22, 2022.Upcoming Dividend • Jul 14Upcoming dividend of ₫1,000 per shareEligible shareholders must have bought the stock before 21 July 2022. Payment date: 22 August 2022. Trailing yield: 5.6%. Lower than top quartile of Vietnamese dividend payers (8.0%). Higher than average of industry peers (3.1%).Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Lan Phan was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 02Sesan4A Hydropower Joint Stock Company, Annual General Meeting, May 31, 2022Sesan4A Hydropower Joint Stock Company, Annual General Meeting, May 31, 2022.Reported Earnings • Mar 29Full year 2021 earnings released: EPS: ₫3,332 (vs ₫2,000 in FY 2020)Full year 2021 results: EPS: ₫3,332 (up from ₫2,000 in FY 2020). Revenue: ₫285.0b (up 22% from FY 2020). Net income: ₫140.6b (up 67% from FY 2020). Profit margin: 49% (up from 36% in FY 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Reported Earnings • Jan 23Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ₫3,332 (up from ₫2,036 in FY 2020). Revenue: ₫285.0b (up 22% from FY 2020). Net income: ₫140.6b (up 64% from FY 2020). Profit margin: 49% (up from 37% in FY 2020). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 2% per year.Reported Earnings • Jan 23Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ₫3,332 (up from ₫2,036 in FY 2020). Revenue: ₫285.0b (up 22% from FY 2020). Net income: ₫140.6b (up 64% from FY 2020). Profit margin: 49% (up from 37% in FY 2020). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 2% per year.Upcoming Dividend • Dec 14Upcoming dividend of ₫1,000 per shareEligible shareholders must have bought the stock before 21 December 2021. Payment date: 12 January 2022. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 6.5%. Within top quartile of Vietnamese dividend payers (6.2%). Higher than average of industry peers (3.4%).Reported Earnings • Oct 20Third quarter 2021 earnings released: EPS ₫604 (vs ₫376 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₫63.6b (up 30% from 3Q 2020). Net income: ₫25.5b (up 61% from 3Q 2020). Profit margin: 40% (up from 32% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Board Change • Jul 28Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Lan Phan was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Jul 23Second quarter 2021 earnings released: EPS ₫560 (vs ₫229 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₫60.9b (up 46% from 2Q 2020). Net income: ₫23.6b (up 144% from 2Q 2020). Profit margin: 39% (up from 23% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Is New 90 Day High Low • Jan 28New 90-day low: ₫25,800The company is down 7.0% from its price of ₫27,850 on 30 October 2020. The Vietnamese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 18% over the same period.Upcoming Dividend • Jan 14Upcoming Dividend of ₫1,000 Per ShareWill be paid on the 3rd of February to those who are registered shareholders by the 21st of January. The trailing yield of 9.0% is in the top quartile of Vietnamese dividend payers (7.5%), and it is higher than industry peers (3.7%).Is New 90 Day High Low • Jan 12New 90-day high: ₫28,800The company is up 3.0% from its price of ₫28,000 on 14 October 2020. The Vietnamese market is up 25% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 21% over the same period.Is New 90 Day High Low • Nov 02New 90-day low: ₫27,000The company is down 2.0% from its price of ₫27,500 on 04 August 2020. The Vietnamese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 4.0% over the same period.Reported Earnings • Oct 16Third quarter earnings releasedOver the last 12 months the company has reported total profits of ₫71.9b, down 33% from the prior year. Total revenue was ₫205.6b over the last 12 months, down 22% from the prior year.Is New 90 Day High Low • Sep 24New 90-day high: ₫29,600The company is up 10.0% from its price of ₫27,000 on 23 June 2020. The Vietnamese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is flat over the same period.株主還元S4AVN Renewable EnergyVN 市場7D-6.1%-1.2%-1.4%1Y-9.7%-0.6%42.7%株主還元を見る業界別リターン: S4A過去 1 年間で-0.6 % の収益を上げたVN Renewable Energy業界を下回りました。リターン対市場: S4Aは、過去 1 年間で42.7 % のリターンを上げたVN市場を下回りました。価格変動Is S4A's price volatile compared to industry and market?S4A volatilityS4A Average Weekly Movement6.3%Renewable Energy Industry Average Movement3.2%Market Average Movement5.0%10% most volatile stocks in VN Market7.9%10% least volatile stocks in VN Market2.9%安定した株価: S4A 、 VN市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: S4Aの 週次ボラティリティ ( 6% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト200751n/asesan4a.com.vnSesan4A Hydropower Joint Stock Company はベトナムで電力の生産と配電に従事している。水力発電所の建設、運営、管理を行っている。また、水力発電所や送電網の修理、メンテナンス、試験サービスにも従事している。さらに、産業工事、送電線、変電所の建設、交通・灌漑工事、建築・建設資材の製造・販売、土木関連工事にも携わっている。さらに、地盤充填や旅行サービスにも従事している。Sesan4A Hydropower Joint Stock Companyは2007年に設立され、本社はベトナムのプレイクにある。もっと見るSesan4A Hydropower Joint Stock Company 基礎のまとめSesan4A Hydropower の収益と売上を時価総額と比較するとどうか。S4A 基礎統計学時価総額₫1.37t収益（TTM）₫174.68b売上高(TTM)₫333.01b7.9xPER（株価収益率4.1xP/SレシオS4A は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計S4A 損益計算書（TTM）収益₫333.01b売上原価₫136.01b売上総利益₫197.00bその他の費用₫22.32b収益₫174.68b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）4.14kグロス・マージン59.16%純利益率52.46%有利子負債／自己資本比率50.8%S4A の長期的なパフォーマンスは？過去の実績と比較を見る配当金7.1%現在の配当利回り95%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 14:10終値2026/05/19 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Sesan4A Hydropower Joint Stock Company 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Reported Earnings • Apr 23First quarter 2026 earnings released: EPS: ₫1,124 (vs ₫437 in 1Q 2025)First quarter 2026 results: EPS: ₫1,124 (up from ₫437 in 1Q 2025). Revenue: ₫53.6b (up 14% from 1Q 2025). Net income: ₫47.4b (up 157% from 1Q 2025). Profit margin: 88% (up from 39% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Apr 16Upcoming dividend of ₫1,600 per shareEligible shareholders must have bought the stock before 23 April 2026. Payment date: 12 May 2026. Payout ratio and cash payout ratio are on the higher end at 95% and 84% respectively. Trailing yield: 6.6%. Lower than top quartile of Vietnamese dividend payers (7.6%). In line with average of industry peers (6.0%).
お知らせ • Mar 24Sesan4A Hydropower Joint Stock Company, Annual General Meeting, Apr 10, 2026Sesan4A Hydropower Joint Stock Company, Annual General Meeting, Apr 10, 2026, at 08:30 SE Asia Standard Time. Location: muong thnh plaza gia lai hotel, no 537 hung vuong street, pleiku ward, gia lai province, Vietnam
Reported Earnings • Jan 21Full year 2025 earnings released: EPS: ₫3,453 (vs ₫2,088 in FY 2024)Full year 2025 results: EPS: ₫3,453 (up from ₫2,088 in FY 2024). Revenue: ₫326.6b (up 32% from FY 2024). Net income: ₫145.7b (up 65% from FY 2024). Profit margin: 45% (up from 36% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Declared Dividend • Dec 18Dividend increased to ₫1,500Dividend of ₫1,500 is 25% higher than last year. Ex-date: 23rd December 2025 Payment date: 9th January 2026 Dividend yield will be 6.8%, which is about the same as the industry average. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio). However, it is covered by cash flows (77% cash payout ratio). The dividend has increased by an average of 1.6% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 5.9% to bring the payout ratio under control, which is less than the 8.4% EPS growth achieved over the last 5 years.
Board Change • Dec 04Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Lan Phan was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 23First quarter 2026 earnings released: EPS: ₫1,124 (vs ₫437 in 1Q 2025)First quarter 2026 results: EPS: ₫1,124 (up from ₫437 in 1Q 2025). Revenue: ₫53.6b (up 14% from 1Q 2025). Net income: ₫47.4b (up 157% from 1Q 2025). Profit margin: 88% (up from 39% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Apr 16Upcoming dividend of ₫1,600 per shareEligible shareholders must have bought the stock before 23 April 2026. Payment date: 12 May 2026. Payout ratio and cash payout ratio are on the higher end at 95% and 84% respectively. Trailing yield: 6.6%. Lower than top quartile of Vietnamese dividend payers (7.6%). In line with average of industry peers (6.0%).
お知らせ • Mar 24Sesan4A Hydropower Joint Stock Company, Annual General Meeting, Apr 10, 2026Sesan4A Hydropower Joint Stock Company, Annual General Meeting, Apr 10, 2026, at 08:30 SE Asia Standard Time. Location: muong thnh plaza gia lai hotel, no 537 hung vuong street, pleiku ward, gia lai province, Vietnam
Reported Earnings • Jan 21Full year 2025 earnings released: EPS: ₫3,453 (vs ₫2,088 in FY 2024)Full year 2025 results: EPS: ₫3,453 (up from ₫2,088 in FY 2024). Revenue: ₫326.6b (up 32% from FY 2024). Net income: ₫145.7b (up 65% from FY 2024). Profit margin: 45% (up from 36% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Declared Dividend • Dec 18Dividend increased to ₫1,500Dividend of ₫1,500 is 25% higher than last year. Ex-date: 23rd December 2025 Payment date: 9th January 2026 Dividend yield will be 6.8%, which is about the same as the industry average. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio). However, it is covered by cash flows (77% cash payout ratio). The dividend has increased by an average of 1.6% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 5.9% to bring the payout ratio under control, which is less than the 8.4% EPS growth achieved over the last 5 years.
Board Change • Dec 04Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Lan Phan was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 22Third quarter 2025 earnings released: EPS: ₫997 (vs ₫1,185 in 3Q 2024)Third quarter 2025 results: EPS: ₫997 (down from ₫1,185 in 3Q 2024). Revenue: ₫87.6b (flat on 3Q 2024). Net income: ₫42.1b (down 16% from 3Q 2024). Profit margin: 48% (down from 57% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
New Risk • Oct 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). Dividend is not well covered by cash flows (97% cash payout ratio). Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (₫1.47t market cap, or US$55.8m).
Reported Earnings • Jul 22Second quarter 2025 earnings released: EPS: ₫335 (vs ₫48.46 loss in 2Q 2024)Second quarter 2025 results: EPS: ₫335 (up from ₫48.46 loss in 2Q 2024). Revenue: ₫63.5b (up 66% from 2Q 2024). Net income: ₫14.1b (up ₫16.2b from 2Q 2024). Profit margin: 22% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
New Risk • Jul 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (99% cash payout ratio). Share price has been volatile over the past 3 months (6.0% average weekly change). Market cap is less than US$100m (₫1.54t market cap, or US$58.5m).
Declared Dividend • May 01Dividend of ₫800 announcedShareholders will receive a dividend of ₫800. Ex-date: 15th May 2025 Payment date: 30th May 2025 Dividend yield will be 5.4%, which is lower than the industry average of 6.7%. Sustainability & Growth Dividend is covered by earnings (61% earnings payout ratio) but not adequately covered by cash flows (99% cash payout ratio). The dividend has increased by an average of 4.2% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 32% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.9% EPS decline seen over the last 5 years.
Buy Or Sell Opportunity • Apr 23Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 4.3% to ₫36,700. The fair value is estimated to be ₫30,050, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.0% over the last 3 years. Earnings per share has declined by 9.9%.
お知らせ • Apr 09Sesan4A Hydropower Joint Stock Company, Annual General Meeting, Apr 25, 2025Sesan4A Hydropower Joint Stock Company, Annual General Meeting, Apr 25, 2025, at 08:30 SE Asia Standard Time. Location: muong thanh gia lai hotel, no. 537, hung vuong street, pleiku city, gia lai province, Vietnam
Reported Earnings • Mar 18Full year 2024 earnings released: EPS: ₫2,088 (vs ₫3,256 in FY 2023)Full year 2024 results: EPS: ₫2,088 (down from ₫3,256 in FY 2023). Revenue: ₫247.7b (down 14% from FY 2023). Net income: ₫88.1b (down 36% from FY 2023). Profit margin: 36% (down from 48% in FY 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Mar 18Now 21% overvaluedOver the last 90 days, the stock has fallen 2.9% to ₫36,500. The fair value is estimated to be ₫30,045, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.0% over the last 3 years. Earnings per share has declined by 9.9%.
Declared Dividend • Dec 04Third quarter dividend of ₫1,200 announcedShareholders will receive a dividend of ₫1,200. Ex-date: 19th December 2024 Payment date: 8th January 2025 Dividend yield will be 7.8%, which is higher than the industry average of 6.7%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (87% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 2.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Dec 03Sesan4A Hydropower Joint Stock Company Approves First Phase of 2024 Cash Dividend, Payable on January 8, 2025On December 02, 2024, the Board of Directors of Sesan 4A Hydropower Joint Stock Company approved to pay for the first phase of 2024 cash dividend: Record date: December 20, 2024, Exercise ratio: 12%/share (VND 1,200/share) and Payment date: January 08, 2025.
Reported Earnings • Oct 15Third quarter 2024 earnings released: EPS: ₫1,185 (vs ₫955 in 3Q 2023)Third quarter 2024 results: EPS: ₫1,185 (up from ₫955 in 3Q 2023). Revenue: ₫86.9b (up 7.0% from 3Q 2023). Net income: ₫50.0b (up 24% from 3Q 2023). Profit margin: 57% (up from 50% in 3Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Sep 27Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to ₫37,000. The fair value is estimated to be ₫46,719, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.1%.
Buy Or Sell Opportunity • Aug 28Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.6% to ₫36,550. The fair value is estimated to be ₫46,719, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.1%.
Reported Earnings • Jul 17Second quarter 2024 earnings released: ₫46.00 loss per share (vs ₫438 profit in 2Q 2023)Second quarter 2024 results: ₫46.00 loss per share (down from ₫438 profit in 2Q 2023). Revenue: ₫38.3b (down 26% from 2Q 2023). Net loss: ₫1.95b (down 111% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • May 09Upcoming dividend of ₫500 per shareEligible shareholders must have bought the stock before 16 May 2024. Payment date: 30 May 2024. Payout ratio is on the higher end at 99%, and the cash payout ratio is above 100%. Trailing yield: 7.4%. Lower than top quartile of Vietnamese dividend payers (8.7%). Lower than average of industry peers (10%).
お知らせ • Apr 27Sesan4A Hydropower Joint Stock Company Approves 3rd Cash Dividend in 2023, Payable on May 30, 2024The board of directors of Sesan4A Hydropower Joint Stock Company issued the Board resolution dated April 25, 2024 to approve the record date for the 3rd cash dividend payment in 2023 as: Exercise ratio: 5%/par value (VND 500 per share). Record date: May 17, 2024. Payment date: May 30, 2024.
Reported Earnings • Apr 14First quarter 2024 earnings released: EPS: ₫307 (vs ₫525 in 1Q 2023)First quarter 2024 results: EPS: ₫307 (down from ₫525 in 1Q 2023). Revenue: ₫44.1b (down 17% from 1Q 2023). Net income: ₫12.9b (down 42% from 1Q 2023). Profit margin: 29% (down from 42% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year.
Buy Or Sell Opportunity • Mar 22Now 21% undervaluedOver the last 90 days, the stock has risen 6.9% to ₫38,200. The fair value is estimated to be ₫48,265, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 18%.
Board Change • Feb 21Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Lan Phan was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • Feb 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 4.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (92% payout ratio). Share price has been volatile over the past 3 months (4.9% average weekly change). Market cap is less than US$100m (₫1.54t market cap, or US$63.2m).
Upcoming Dividend • Jan 11Upcoming dividend of ₫1,200 per share at 8.8% yieldEligible shareholders must have bought the stock before 18 January 2024. Payment date: 31 January 2024. Trailing yield: 8.8%. Within top quartile of Vietnamese dividend payers (8.7%). Higher than average of industry peers (6.3%).
お知らせ • Jan 09Sesan4A Hydropower Joint Stock Company Approves 2nd Cash Dividend Payment in 2023, payable on January 31, 2024On January 08, 2024, the BOD Sesan4A Hydropower Joint Stock Company issued the Board resolution to approve the plan to pay for the 2nd cash dividend in 2023 as follows: Exercise ratio is 12% (1,200 VND/share). Record date is January 19, 2024. Payment date is January 31, 2024.
Reported Earnings • Jan 09Full year 2023 earnings released: EPS: ₫3,258 (vs ₫4,108 in FY 2022)Full year 2023 results: EPS: ₫3,258 (down from ₫4,108 in FY 2022). Revenue: ₫286.4b (down 7.1% from FY 2022). Net income: ₫137.5b (down 21% from FY 2022). Profit margin: 48% (down from 56% in FY 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 19Upcoming dividend of ₫1,800 per share at 8.3% yieldEligible shareholders must have bought the stock before 25 December 2023. Payment date: 08 January 2024. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 8.3%. Lower than top quartile of Vietnamese dividend payers (9.0%). Higher than average of industry peers (5.1%).
Upcoming Dividend • Dec 11Upcoming dividend of ₫3,000 per share at 5.7% yieldEligible shareholders must have bought the stock before 18 December 2023. Payment date: 08 January 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 5.7%. Lower than top quartile of Vietnamese dividend payers (9.2%). Higher than average of industry peers (4.9%).
お知らせ • Dec 07+ 1 more updateSesan4A Hydropower Joint Stock Company Approves Second Phase of 2022 Dividend Payable on December 28, 2023The Board of Directors of Sesan 4A Hydropower Joint Stock Company approved to pay for the 2022 dividend in cash. The second phase of 2022: 12% par value(VND 1,200/share). The second phase of 2022 dividend payable on December 28, 2023 and record date of December 19, 2023.
New Risk • Oct 24New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 43% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (43% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (₫1.43t market cap, or US$58.3m).
Reported Earnings • Jul 20Second quarter 2023 earnings released: EPS: ₫435 (vs ₫732 in 2Q 2022)Second quarter 2023 results: EPS: ₫435 (down from ₫732 in 2Q 2022). Revenue: ₫52.0b (down 30% from 2Q 2022). Net income: ₫18.3b (down 41% from 2Q 2022). Profit margin: 35% (down from 41% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 12Upcoming dividend of ₫800 per share at 6.2% yieldEligible shareholders must have bought the stock before 19 July 2023. Payment date: 31 July 2023. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 6.2%. Lower than top quartile of Vietnamese dividend payers (8.5%). Higher than average of industry peers (4.5%).
Reported Earnings • Apr 13First quarter 2023 earnings released: EPS: ₫525 (vs ₫532 in 1Q 2022)First quarter 2023 results: EPS: ₫525 (down from ₫532 in 1Q 2022). Revenue: ₫52.9b (flat on 1Q 2022). Net income: ₫22.2b (down 1.2% from 1Q 2022). Profit margin: 42% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Feb 14Upcoming dividend of ₫600 per share at 6.1% yieldEligible shareholders must have bought the stock before 21 February 2023. Payment date: 15 March 2023. Trailing yield: 6.1%. Lower than top quartile of Vietnamese dividend payers (9.1%). Higher than average of industry peers (3.6%).
お知らせ • Feb 04Sesan4a Hydropower Joint Stock Company Approves Third DividendSesan4A Hydropower Joint Stock Company approved the third dividend of 6% (600 dong/share). Record date is February 22, 2023. The dividend will be payable on March 15, 2023.
Board Change • Jan 30Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Lan Phan was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jan 18Full year 2022 earnings released: EPS: ₫4,112 (vs ₫3,332 in FY 2021)Full year 2022 results: EPS: ₫4,112 (up from ₫3,332 in FY 2021). Revenue: ₫308.1b (up 8.1% from FY 2021). Net income: ₫173.5b (up 23% from FY 2021). Profit margin: 56% (up from 49% in FY 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 02Upcoming dividend of ₫1,500 per shareEligible shareholders must have bought the stock before 09 December 2022. Payment date: 05 January 2023. Trailing yield: 7.4%. Lower than top quartile of Vietnamese dividend payers (9.1%). Higher than average of industry peers (3.9%).
お知らせ • Dec 01Sesan4A Hydropower Joint Stock Company Approves Cash Dividend for the Second Phase of the 2021, Payable on January 5, 2023The board of directors of Sesan4A Hydropower Joint Stock Company approved to pay for the second phase of the 2021 dividend in cash. Record date is December 12, 2022. Payment date January 05, 2023. Dividend pay-out ratio: 15% par value (VND 1,500/share).
Board Change • Nov 18Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Lan Phan was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 16Third quarter 2022 earnings released: EPS: ₫661 (vs ₫604 in 3Q 2021)Third quarter 2022 results: EPS: ₫661 (up from ₫604 in 3Q 2021). Revenue: ₫81.1b (up 28% from 3Q 2021). Net income: ₫27.9b (up 9.4% from 3Q 2021). Profit margin: 34% (down from 40% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 25Second quarter 2022 earnings released: EPS: ₫733 (vs ₫562 in 2Q 2021)Second quarter 2022 results: EPS: ₫733 (up from ₫562 in 2Q 2021). Revenue: ₫74.7b (up 23% from 2Q 2021). Net income: ₫30.9b (up 31% from 2Q 2021). Profit margin: 41% (up from 39% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year.
お知らせ • Jul 19Sesan 4A Hydropower Joint Stock Company Approves First Cash Dividend for 2021, Payable on August 22, 2022The BOD of Sesan 4A HydroElectric Joint Stock Company approved to pay first cash dividend for 2021 with details as follows: Exercise ratio: 10%/share (VND 1,000 /share); Record date: July 22, 2022; Payment date: August 22, 2022.
Upcoming Dividend • Jul 14Upcoming dividend of ₫1,000 per shareEligible shareholders must have bought the stock before 21 July 2022. Payment date: 22 August 2022. Trailing yield: 5.6%. Lower than top quartile of Vietnamese dividend payers (8.0%). Higher than average of industry peers (3.1%).
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Lan Phan was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 02Sesan4A Hydropower Joint Stock Company, Annual General Meeting, May 31, 2022Sesan4A Hydropower Joint Stock Company, Annual General Meeting, May 31, 2022.
Reported Earnings • Mar 29Full year 2021 earnings released: EPS: ₫3,332 (vs ₫2,000 in FY 2020)Full year 2021 results: EPS: ₫3,332 (up from ₫2,000 in FY 2020). Revenue: ₫285.0b (up 22% from FY 2020). Net income: ₫140.6b (up 67% from FY 2020). Profit margin: 49% (up from 36% in FY 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Reported Earnings • Jan 23Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ₫3,332 (up from ₫2,036 in FY 2020). Revenue: ₫285.0b (up 22% from FY 2020). Net income: ₫140.6b (up 64% from FY 2020). Profit margin: 49% (up from 37% in FY 2020). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 2% per year.
Reported Earnings • Jan 23Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ₫3,332 (up from ₫2,036 in FY 2020). Revenue: ₫285.0b (up 22% from FY 2020). Net income: ₫140.6b (up 64% from FY 2020). Profit margin: 49% (up from 37% in FY 2020). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 2% per year.
Upcoming Dividend • Dec 14Upcoming dividend of ₫1,000 per shareEligible shareholders must have bought the stock before 21 December 2021. Payment date: 12 January 2022. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 6.5%. Within top quartile of Vietnamese dividend payers (6.2%). Higher than average of industry peers (3.4%).
Reported Earnings • Oct 20Third quarter 2021 earnings released: EPS ₫604 (vs ₫376 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₫63.6b (up 30% from 3Q 2020). Net income: ₫25.5b (up 61% from 3Q 2020). Profit margin: 40% (up from 32% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Board Change • Jul 28Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Lan Phan was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jul 23Second quarter 2021 earnings released: EPS ₫560 (vs ₫229 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₫60.9b (up 46% from 2Q 2020). Net income: ₫23.6b (up 144% from 2Q 2020). Profit margin: 39% (up from 23% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Is New 90 Day High Low • Jan 28New 90-day low: ₫25,800The company is down 7.0% from its price of ₫27,850 on 30 October 2020. The Vietnamese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 18% over the same period.
Upcoming Dividend • Jan 14Upcoming Dividend of ₫1,000 Per ShareWill be paid on the 3rd of February to those who are registered shareholders by the 21st of January. The trailing yield of 9.0% is in the top quartile of Vietnamese dividend payers (7.5%), and it is higher than industry peers (3.7%).
Is New 90 Day High Low • Jan 12New 90-day high: ₫28,800The company is up 3.0% from its price of ₫28,000 on 14 October 2020. The Vietnamese market is up 25% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 21% over the same period.
Is New 90 Day High Low • Nov 02New 90-day low: ₫27,000The company is down 2.0% from its price of ₫27,500 on 04 August 2020. The Vietnamese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 4.0% over the same period.
Reported Earnings • Oct 16Third quarter earnings releasedOver the last 12 months the company has reported total profits of ₫71.9b, down 33% from the prior year. Total revenue was ₫205.6b over the last 12 months, down 22% from the prior year.
Is New 90 Day High Low • Sep 24New 90-day high: ₫29,600The company is up 10.0% from its price of ₫27,000 on 23 June 2020. The Vietnamese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is flat over the same period.
