Reported Earnings • 11h
Second quarter 2026 earnings released: EPS: ₫486 (vs ₫395 in 2Q 2025) Second quarter 2026 results: EPS: ₫486 (up from ₫395 in 2Q 2025). Revenue: ₫239.4b (down 2.5% from 2Q 2025). Net income: ₫114.2b (up 23% from 2Q 2025). Profit margin: 48% (up from 38% in 2Q 2025). The increase in margin was driven by lower expenses. New Risk • Jun 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 6.2% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 23
First quarter 2026 earnings released: EPS: ₫403 (vs ₫172 in 1Q 2025) First quarter 2026 results: EPS: ₫403 (up from ₫172 in 1Q 2025). Revenue: ₫205.4b (up 17% from 1Q 2025). Net income: ₫94.8b (up 134% from 1Q 2025). Profit margin: 46% (up from 23% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Announcement • Mar 03
Hua Na Hydropower Joint Stock Company, Annual General Meeting, Apr 24, 2026 Hua Na Hydropower Joint Stock Company, Annual General Meeting, Apr 24, 2026. Location: nghe an province, Vietnam Buy Or Sell Opportunity • Jan 29
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at ₫23,900. The fair value is estimated to be ₫19,752, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 6.7%. Reported Earnings • Jan 25
Full year 2025 earnings released: EPS: ₫2,023 (vs ₫1,147 in FY 2024) Full year 2025 results: EPS: ₫2,023 (up from ₫1,147 in FY 2024). Revenue: ₫1.15t (up 46% from FY 2024). Net income: ₫475.8b (up 76% from FY 2024). Profit margin: 41% (up from 34% in FY 2024). The increase in margin was driven by higher revenue. Reported Earnings • Oct 21
Third quarter 2025 earnings released: EPS: ₫1,043 (vs ₫786 in 3Q 2024) Third quarter 2025 results: EPS: ₫1,043 (up from ₫786 in 3Q 2024). Revenue: ₫430.5b (up 33% from 3Q 2024). Net income: ₫245.4b (up 33% from 3Q 2024). Profit margin: 57% (in line with 3Q 2024). Reported Earnings • Jul 22
Second quarter 2025 earnings released: EPS: ₫395 (vs ₫43.00 loss in 2Q 2024) Second quarter 2025 results: EPS: ₫395 (up from ₫43.00 loss in 2Q 2024). Revenue: ₫245.5b (up 138% from 2Q 2024). Net income: ₫93.0b (up ₫103.0b from 2Q 2024). Profit margin: 38% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Buy Or Sell Opportunity • Jun 10
Now 23% overvalued The stock has been flat over the last 90 days, currently trading at ₫25,000. The fair value is estimated to be ₫20,292, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.3% over the last 3 years. Earnings per share has declined by 9.0%. New Risk • May 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 7.0% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 23
First quarter 2025 earnings released: EPS: ₫172 (vs ₫16.11 loss in 1Q 2024) First quarter 2025 results: EPS: ₫172 (up from ₫16.11 loss in 1Q 2024). Revenue: ₫175.6b (up 72% from 1Q 2024). Net income: ₫40.5b (up ₫44.3b from 1Q 2024). Profit margin: 23% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Reported Earnings • Mar 16
Full year 2024 earnings released: EPS: ₫1.15 (vs ₫9.27 in FY 2023) Full year 2024 results: EPS: ₫1.15. Revenue: ₫788.9b (up 5.4% from FY 2023). Net income: ₫269.8b (up 14% from FY 2023). Profit margin: 34% (up from 32% in FY 2023). The increase in margin was driven by higher revenue. Announcement • Feb 28
Hua Na Hydropower Joint Stock Company, Annual General Meeting, Apr 17, 2025 Hua Na Hydropower Joint Stock Company, Annual General Meeting, Apr 17, 2025. Announcement • Jan 22
Rhua Na Hydropower Joint Stock Company Announces Board Changes Hua Na Hydropower Joint Stock Company announces the Resolution of Extraordinary General Meeting of Shareholders dated January 21, 2025 to approved the following contents: Approve the resignation of Mr. Nguyen Xuan Son as member of the Board of Directors of the Company from January 21, 2025. Approve the appointment of Ms. Nguyen Thu Hanh as member of the Board of Directors of the Company from January 21, 2025. New Risk • Oct 20
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended September 2023. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported September 2023 fiscal period end). Revenue has declined by 17% over the past year. New Risk • Sep 30
New major risk - Revenue and earnings growth Revenue has declined by 17% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 Risk Revenue has declined by 17% over the past year. Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Announcement • Aug 21
Hua Na Hydropower Joint Stock Company Approves Dividend Guidance for the 2024 Hua Na Hydropower Joint Stock Company announced that at the AGM held on April 24, 2024, approved the business plan in 2024: Dividend payment of 4.2%. New Risk • May 07
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. 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. This is currently the only risk that has been identified for the company. Announcement • Apr 05
Hua Na Hydropower Joint Stock Company, Annual General Meeting, Apr 24, 2024 Hua Na Hydropower Joint Stock Company, Annual General Meeting, Apr 24, 2024, at 01:00 Coordinated Universal Time. Location: No.13 Quang Trung street, Vinh city Nghe An Vietnam Board Change • Jan 15
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 
