Sesan4A Hydropower (S4A) 주식 개요세산4A 수력 발전 주식회사는 베트남에서 전기를 생산하고 유통하는 사업을 하고 있습니다. 자세히 보기S4A 펀더멘털 분석스노우플레이크 점수가치 평가4/6미래 성장0/6과거 실적5/6재무 건전성6/6배당3/6강점공정 가치 추정치보다 낮은 52% 에서 거래지난 1년간 수익이 94.3% 증가했습니다.위험 분석지난 5년간 매년 수익이 1.1% 감소했습니다.6.97% 의 배당금은 수익으로 잘 충당되지 않습니다.의미 있는 시가총액이 없습니다(₫1,393B)모든 위험 점검 보기S4A 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₫33.00k56.4% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0353b2016201920222025202620282031Revenue ₫352.9bEarnings ₫185.1bAdvancedSet Fair ValueView all narrativesSesan4A Hydropower Joint Stock Company 경쟁사Mien Trung Power Investment and DevelopmentSymbol: HNX:SEBMarket cap: ₫1.3tCan Don Hydro PowerSymbol: HOSE:SJDMarket cap: ₫976.3bThac Ba HydropowerSymbol: HOSE:TBCMarket cap: ₫2.1tSong BaSymbol: HOSE:SBAMarket cap: ₫1.6t가격 이력 및 성과Sesan4A Hydropower 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가₫33,000.0052주 최고가₫39,000.0052주 최저가₫32,000.00베타-0.0971개월 변동3.13%3개월 변동0%1년 변동-8.33%3년 변동-2.37%5년 변동20.88%IPO 이후 변동111.54%최근 뉴스 및 업데이트Reported 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%).공시 • 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.더 많은 업데이트 보기Recent 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%).공시 • 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%.공시 • 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.공시 • 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%).공시 • 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%).공시 • 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%).공시 • 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%).공시 • 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%).공시 • 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.공시 • 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.공시 • 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.주주 수익률S4AVN Renewable EnergyVN 시장7D1.5%-0.6%-1.3%1Y-8.3%-1.0%37.0%전체 주주 수익률 보기수익률 대 산업: S4A은 지난 1년 동안 -1%의 수익을 기록한 VN Renewable Energy 산업보다 저조한 성과를 냈습니다.수익률 대 시장: S4A은 지난 1년 동안 37%를 기록한 VN 시장보다 저조한 성과를 냈습니다.주가 변동성Is S4A's price volatile compared to industry and market?S4A volatilityS4A Average Weekly Movementn/aRenewable Energy Industry Average Movement3.4%Market Average Movement4.8%10% most volatile stocks in VN Market7.7%10% least volatile stocks in VN Market2.8%안정적인 주가: 데이터를 사용할 수 없습니다.시간에 따른 변동성: Insufficient data to determine S4A의 변동성 변화를 판단할 수 없습니다.회사 소개설립직원 수CEO웹사이트200751n/asesan4a.com.vn세산4A 수력 발전 주식회사는 베트남에서 전기 생산 및 유통 사업을 하고 있습니다. 수력 발전소를 건설, 운영 및 관리합니다. 또한 수력발전소 및 전력망의 수리, 유지보수, 테스트 서비스도 제공합니다.더 보기Sesan4A Hydropower Joint Stock Company 기초 지표 요약Sesan4A Hydropower의 순이익과 매출은 시가총액과 어떻게 비교됩니까?S4A 기초 통계시가총액₫1.39t순이익 (TTM)₫174.68b매출 (TTM)₫333.01b8.0x주가수익비율(P/E)4.2x주가매출비율(P/S)S4A는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표S4A 손익계산서 (TTM)매출₫333.01b매출원가₫136.01b총이익₫197.00b기타 비용₫22.32b순이익₫174.68b최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)4.14k총이익률59.16%순이익률52.46%부채/자본 비율50.8%S4A의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당7.0%현재 배당 수익률95%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/08 16:37종가2026/06/04 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Sesan4A Hydropower Joint Stock Company는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
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%).
공시 • 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%).
공시 • 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%.
공시 • 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.
공시 • 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%).
공시 • 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%).
공시 • 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%).
공시 • 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%).
공시 • 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%).
공시 • 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.
공시 • 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.
공시 • 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.
