Reported Earnings • Aug 12
Second quarter 2026 earnings released: EPS: ₫678 (vs ₫595 in 2Q 2025) Second quarter 2026 results: EPS: ₫678 (up from ₫595 in 2Q 2025). Revenue: ₫36.1b (up 11% from 2Q 2025). Net income: ₫14.2b (up 14% from 2Q 2025). Profit margin: 40% (up from 38% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 7% per year. Board Change • Jul 22
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Member of Board of Directors Len Tran was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 07
Nam Mu Hydropower JSC, Annual General Meeting, Apr 25, 2026 Nam Mu Hydropower JSC, Annual General Meeting, Apr 25, 2026, at 08:00 SE Asia Standard Time. Location: auditorium, 9th floor, song da 9 bulding, nguyen hoang street, my dinh 2 ward, nam tu liem district, hanoi, Vietnam Buy Or Sell Opportunity • Apr 03
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 2.2% to ₫27,500. The fair value is estimated to be ₫22,909, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 12%. Upcoming Dividend • Mar 17
Upcoming dividend of ₫800 per share Eligible shareholders must have bought the stock before 24 March 2026. Payment date: 03 April 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.7%. Lower than top quartile of Vietnamese dividend payers (7.6%). Lower than average of industry peers (6.2%). Buy Or Sell Opportunity • Mar 05
Now 29% overvalued The stock has been flat over the last 90 days, currently trading at ₫29,300. The fair value is estimated to be ₫22,763, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 12%. Buy Or Sell Opportunity • Feb 06
Now 27% overvalued The stock has been flat over the last 90 days, currently trading at ₫28,600. The fair value is estimated to be ₫22,536, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 12%. Reported Earnings • Jan 31
Full year 2025 earnings released: EPS: ₫1,881 (vs ₫2,245 in FY 2024) Full year 2025 results: EPS: ₫1,881 (down from ₫2,245 in FY 2024). Revenue: ₫122.0b (down 18% from FY 2024). Net income: ₫39.5b (down 16% from FY 2024). Profit margin: 32% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Dec 08
Upcoming dividend of ₫500 per share Eligible shareholders must have bought the stock before 15 December 2025. Payment date: 23 December 2025. The company is paying out more than 100% of its profits and is paying out 99% of its cash flow. Trailing yield: 5.1%. Lower than top quartile of Vietnamese dividend payers (7.6%). Lower than average of industry peers (5.7%). Upcoming Dividend • Oct 07
Upcoming dividend of ₫500 per share Eligible shareholders must have bought the stock before 14 October 2025. Payment date: 24 October 2025. Payout ratio and cash payout ratio are on the higher end at 75% and 79% respectively. Trailing yield: 4.0%. Lower than top quartile of Vietnamese dividend payers (7.5%). Lower than average of industry peers (5.3%). Reported Earnings • Apr 29
First quarter 2025 earnings released: EPS: ₫251 (vs ₫637 in 1Q 2024) First quarter 2025 results: EPS: ₫251 (down from ₫637 in 1Q 2024). Revenue: ₫19.1b (down 53% from 1Q 2024). Net income: ₫5.27b (down 61% from 1Q 2024). Profit margin: 28% (down from 33% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 5% per year. Announcement • Apr 05
Nam Mu Hydropower JSC, Annual General Meeting, Apr 26, 2025 Nam Mu Hydropower JSC, Annual General Meeting, Apr 26, 2025, at 08:00 SE Asia Standard Time. Location: auditorium, 9th floor, song da 9 building, nguyen hoang street, my dinh 2 ward, nam tu liem district, hanoi Vietnam Upcoming Dividend • Mar 21
Upcoming dividend of ₫1,000 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 11 April 2025. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of Vietnamese dividend payers (7.6%). Lower than average of industry peers (6.3%). Reported Earnings • Mar 16
Full year 2024 earnings released: EPS: ₫2,245 (vs ₫2,559 in FY 2023) Full year 2024 results: EPS: ₫2,245 (down from ₫2,559 in FY 2023). Revenue: ₫149.0b (down 6.1% from FY 2023). Net income: ₫47.1b (down 12% from FY 2023). Profit margin: 32% (down from 34% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has remained flat. Buy Or Sell Opportunity • Feb 27
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.2% to ₫30,800. The fair value is estimated to be ₫38,518, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.2% over the last 3 years. Earnings per share has declined by 2.6%. New Risk • Feb 11
New major risk - Revenue and earnings growth Earnings have declined by 0.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.2% average weekly change). Earnings have declined by 0.3% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₫646.8b market cap, or US$25.2m). New Risk • Feb 09
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.2% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₫655.2b market cap, or US$26.2m). Reported Earnings • Jan 24
Full year 2024 earnings released Full year 2024 results: Revenue: ₫149.0b (down 6.1% from FY 2023). Net income: ₫47.0b (down 13% from FY 2023). Profit margin: 32% (down from 34% in FY 2023). The decrease in margin was driven by lower revenue. Upcoming Dividend • Nov 11
Upcoming dividend of ₫600 per share Eligible shareholders must have bought the stock before 18 November 2024. Payment date: 29 November 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.6%. Lower than top quartile of Vietnamese dividend payers (8.2%). Lower than average of industry peers (9.9%). New Risk • Nov 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.5% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Dividend is not well covered by earnings (113% payout ratio). Market cap is less than US$100m (₫732.9b market cap, or US$28.6m). New Risk • Sep 16
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Vietnamese stocks, typically moving 8.3% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.3% average weekly change). Minor Risks Dividend is not well covered by earnings (113% payout ratio). Market cap is less than US$100m (₫707.7b market cap, or US$29.0m). Upcoming Dividend • Sep 04
Upcoming dividend of ₫600 per share Eligible shareholders must have bought the stock before 11 September 2024. Payment date: 27 September 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.2%. Lower than top quartile of Vietnamese dividend payers (8.4%). Lower than average of industry peers (10.0%). Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: ₫637 (vs ₫381 in 1Q 2023) First quarter 2024 results: EPS: ₫637 (up from ₫381 in 1Q 2023). Revenue: ₫40.5b (up 42% from 1Q 2023). Net income: ₫13.4b (up 67% from 1Q 2023). Profit margin: 33% (up from 28% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 3% per year. Upcoming Dividend • Mar 20
Upcoming dividend of ₫1,000 per share Eligible shareholders must have bought the stock before 27 March 2024. Payment date: 10 April 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.1%. Lower than top quartile of Vietnamese dividend payers (8.4%). Lower than average of industry peers (9.5%). Reported Earnings • Jan 20
Full year 2023 earnings released: EPS: ₫2,559 (vs ₫2,723 in FY 2022) Full year 2023 results: EPS: ₫2,559 (down from ₫2,723 in FY 2022). Revenue: ₫158.6b (down 11% from FY 2022). Net income: ₫53.7b (down 6.0% from FY 2022). Profit margin: 34% (up from 32% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₫36,500, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 9x in the Renewable Energy industry in Vietnam. Total returns to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₫40,000, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 9x in the Renewable Energy industry in Vietnam. Total returns to shareholders of 30% over the past three years. Upcoming Dividend • Nov 03
Upcoming dividend of ₫600 per share at 7.6% yield Eligible shareholders must have bought the stock before 10 November 2023. Payment date: 22 November 2023. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 7.6%. Lower than top quartile of Vietnamese dividend payers (9.4%). Higher than average of industry peers (5.0%). Buying Opportunity • Oct 30
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be ₫40,773, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.2% over the last 3 years, while earnings per share has been flat. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: ₫731 (vs ₫460 in 3Q 2022) Third quarter 2023 results: EPS: ₫731 (up from ₫460 in 3Q 2022). Revenue: ₫43.8b (up 8.4% from 3Q 2022). Net income: ₫15.4b (up 59% from 3Q 2022). Profit margin: 35% (up from 24% in 3Q 2022). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 2% per year. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₫38,100, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 9x in the Renewable Energy industry in Vietnam. Total returns to shareholders of 49% over the past three years. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₫39,500, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 9x in the Renewable Energy industry in Vietnam. Total returns to shareholders of 65% over the past three years. Board Change • Sep 20
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). Deputy Manager & Member of Board of Directors Ky Nguyen was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Aug 31
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). Deputy Manager & Member of Board of Directors Ky Nguyen was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Jul 28
Second quarter 2023 earnings released: EPS: ₫831 (vs ₫1,212 in 2Q 2022) Second quarter 2023 results: EPS: ₫831 (down from ₫1,212 in 2Q 2022). Revenue: ₫43.8b (down 25% from 2Q 2022). Net income: ₫17.5b (down 31% from 2Q 2022). Profit margin: 40% (down from 44% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Upcoming Dividend • Jul 07
Upcoming dividend of ₫600 per share at 5.4% yield Eligible shareholders must have bought the stock before 14 July 2023. Payment date: 28 July 2023. Trailing yield: 5.4%. Lower than top quartile of Vietnamese dividend payers (8.5%). Higher than average of industry peers (4.5%). Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₫31,700, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 8x in the Renewable Energy industry in Vietnam. Total returns to shareholders of 77% over the past three years. Buying Opportunity • Jul 03
Now 27% undervalued Over the last 90 days, the stock is up 5.7%. The fair value is estimated to be ₫53,557, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₫39,000, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 8x in the Renewable Energy industry in Vietnam. Total returns to shareholders of 93% over the past three years. Buying Opportunity • Apr 21
Now 27% undervalued Over the last 90 days, the stock is up 2.1%. The fair value is estimated to be ₫47,658, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Reported Earnings • Apr 19
First quarter 2023 earnings released: EPS: ₫381 (vs ₫902 in 1Q 2022) First quarter 2023 results: EPS: ₫381 (down from ₫902 in 1Q 2022). Revenue: ₫28.6b (down 41% from 1Q 2022). Net income: ₫8.00b (down 58% from 1Q 2022). Profit margin: 28% (down from 39% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to ₫45,000, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 8x in the Renewable Energy industry in Vietnam. Total returns to shareholders of 155% over the past three years. Board Change • Mar 24
No independent directors There are 9 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 9 new directors. 2 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). Member of Supervisory Board Trang Thi Dang is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₫35,000, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 8x in the Renewable Energy industry in Vietnam. Total returns to shareholders of 61% over the past three years. Buying Opportunity • Jan 05
Now 22% undervalued Over the last 90 days, the stock is up 5.3%. The fair value is estimated to be ₫46,138, 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 5.6%. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment improved over the past week After last week's 21% share price gain to ₫39,800, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 7x in the Renewable Energy industry in Vietnam. Total returns to shareholders of 95% over the past three years. Board Change • Nov 16
No independent directors There are 9 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 9 new directors. 2 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). Member of Supervisory Board Trang Thi Dang is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Upcoming Dividend • Nov 08
Upcoming dividend of ₫500 per share Eligible shareholders must have bought the stock before 15 November 2022. Payment date: 25 November 2022. Trailing yield: 2.5%. Lower than top quartile of Vietnamese dividend payers (9.4%). Lower than average of industry peers (4.1%). Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improved over the past week After last week's 20% share price gain to ₫41,000, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 8x in the Renewable Energy industry in Vietnam. Total returns to shareholders of 95% over the past three years. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: ₫495 (vs ₫496 in 3Q 2021) Third quarter 2022 results: EPS: ₫495 (down from ₫496 in 3Q 2021). Revenue: ₫42.8b (down 1.2% from 3Q 2021). Net income: ₫10.4b (flat on 3Q 2021). Profit margin: 24% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year. Reported Earnings • Aug 04
Second quarter 2022 earnings released: EPS: ₫1,212 (vs ₫927 in 2Q 2021) Second quarter 2022 results: EPS: ₫1,212 (up from ₫927 in 2Q 2021). Revenue: ₫58.5b (up 18% from 2Q 2021). Net income: ₫25.4b (up 31% from 2Q 2021). Profit margin: 44% (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 6% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Jun 22
No independent directors There are 9 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 9 new directors. 2 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). Member of Supervisory Board Trang Thi Dang is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Jun 08
No independent directors There are 9 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 9 new directors. 2 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). Member of Supervisory Board Trang Thi Dang is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • May 11
First quarter 2022 earnings released: EPS: ₫591 (vs ₫682 in 1Q 2021) First quarter 2022 results: EPS: ₫591 (down from ₫682 in 1Q 2021). Revenue: ₫38.3b (down 6.2% from 1Q 2021). Net income: ₫12.4b (down 13% from 1Q 2021). Profit margin: 32% (down from 35% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 27
No independent directors There are 9 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 9 new directors. 2 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). Member of Supervisory Board Trang Thi Dang is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₫30,200, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 12x in the Renewable Energy industry in Vietnam. Total returns to shareholders of 53% over the past three years. Upcoming Dividend • Apr 07
Upcoming dividend of ₫1,000 per share Eligible shareholders must have bought the stock before 14 April 2022. Payment date: 27 April 2022. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Vietnamese dividend payers (5.8%). In line with average of industry peers (3.1%). Reported Earnings • Feb 13
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ₫2,434 (down from ₫2,671 in FY 2020). Revenue: ₫165.8b (down 12% from FY 2020). Net income: ₫51.1b (down 8.9% from FY 2020). Profit margin: 31% (up from 30% in FY 2020). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Jan 07
No independent directors There are 9 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 9 new directors. 2 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). Member of Supervisory Board Trang Thi Dang is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Upcoming Dividend • Nov 11
Upcoming dividend of ₫700 per share Eligible shareholders must have bought the stock before 18 November 2021. Payment date: 06 December 2021. Trailing yield: 3.0%. Lower than top quartile of Vietnamese dividend payers (5.9%). Lower than average of industry peers (3.8%). Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS ₫496 (vs ₫411 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₫43.3b (down 3.2% from 3Q 2020). Net income: ₫10.4b (up 21% from 3Q 2020). Profit margin: 24% (up from 19% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 08
Upcoming dividend of ₫500 per share Eligible shareholders must have bought the stock before 15 September 2021. Payment date: 29 September 2021. Trailing yield: 3.1%. Lower than top quartile of Vietnamese dividend payers (6.9%). Lower than average of industry peers (4.5%). Reported Earnings • Aug 04
Second quarter 2021 earnings released: EPS ₫927 (vs ₫1,122 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and revenues, although profit margins were improved. Second quarter 2021 results: Revenue: ₫49.8b (down 31% from 2Q 2020). Net income: ₫19.5b (down 17% from 2Q 2020). Profit margin: 39% (up from 33% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year. Upcoming Dividend • May 27
Inaugural dividend of ₫1,000 per share Eligible shareholders must have bought the stock before 02 June 2021. Payment date: 25 June 2021. The company last paid an ordinary dividend in March 2016. The average dividend yield among industry peers is 4.3%. Announcement • Jan 14
An unknown buyer acquired 12.23% stake in Nam Mu Hydropower Joint Stock Company (HNX:HJS) from Gelex Energy One Member Company Limited. An unknown buyer acquired 12.23% stake in Nam Mu Hydropower Joint Stock Company (HNX:HJS) from Gelex Energy One Member Company Limited on January 7, 2021. Post deal, Gelex Energy One Member Company Limited will hold 4% stake in Nam Mu Hydropower Joint Stock Company.
An unknown buyer completed the acquisition of 12.23% stake in Nam Mu Hydropower Joint Stock Company (HNX:HJS) from Gelex Energy One Member Company Limited on January 7, 2021. Announcement • Jan 13
Bao Viet Value Investment Fund managed by Baoviet Fund Management Company acquired 24.3% stake in Nam Mu Hydropower Joint Stock Company (HNX:HJS). Bao Viet Value Investment Fund managed by Baoviet Fund Management Company acquired 24.3% stake in Nam Mu Hydropower Joint Stock Company (HNX:HJS) on January 7, 2021. Under the terms of transaction, Bao Viet acquired 5.1 million shares. Post completion Bao viet will hold 24.29% stake in Nam Mu Hydropower Joint Stock Company
Bao Viet Value Investment Fund managed by Baoviet Fund Management Company completed the acquisition of 24.3% stake in Nam Mu Hydropower Joint Stock Company (HNX:HJS) on January 7, 2021 Is New 90 Day High Low • Dec 21
New 90-day high: ₫37,800 The company is up 26% from its price of ₫30,000 on 17 September 2020. The Vietnamese market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 10.0% over the same period. Reported Earnings • Oct 23
Third quarter earnings released Over the last 12 months the company has reported total profits of ₫52.2b, up 12% from the prior year. Total revenue was ₫192.7b over the last 12 months, up 7.8% from the prior year. Is New 90 Day High Low • Oct 12
New 90-day high: ₫31,000 The company is up 41% from its price of ₫22,000 on 10 July 2020. The Vietnamese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 6.0% over the same period. Announcement • Jul 30
Trinh Thi Thuy acquired 5.05% stake in Nam Mu Hydropower Joint Stock Company (HNX:HJS). Trinh Thi Thuy acquired 5.05% stake in Nam Mu Hydropower Joint Stock Company (HNX:HJS) on April 23, 2020.
Trinh Thi Thuy completed the acquisition of 5.05% stake in Nam Mu Hydropower Joint Stock Company (HNX:HJS) on April 23, 2020.