Reported Earnings • Apr 23
First quarter 2026 earnings released First quarter 2026 results: Revenue: ₫198.5b (down 15% from 1Q 2025). Net income: ₫90.8b (down 24% from 1Q 2025). Profit margin: 46% (down from 51% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 7% per year. Tillkännagivande • Mar 05
Central Hydropower Joint Stock Company, Annual General Meeting, Apr 28, 2026 Central Hydropower Joint Stock Company, Annual General Meeting, Apr 28, 2026. Declared Dividend • Feb 28
Final dividend of ₫1,000 announced Shareholders will receive a dividend of ₫1,000. Ex-date: 13th March 2026 Payment date: 30th March 2026 Dividend yield will be 7.3%, which is higher than the industry average of 6.7%. Sustainability & Growth Dividend is not covered by earnings (135% earnings payout ratio). However, it is covered by cash flows (54% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 50% to bring the payout ratio under control, which is more than the 11% EPS growth achieved over the last 5 years. Reported Earnings • Jan 23
Full year 2025 earnings released: EPS: ₫3,131 (vs ₫1,990 in FY 2024) Full year 2025 results: EPS: ₫3,131 (up from ₫1,990 in FY 2024). Revenue: ₫998.9b (up 23% from FY 2024). Net income: ₫460.0b (up 47% from FY 2024). Profit margin: 46% (up from 39% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Oct 22
Third quarter 2025 earnings released: EPS: ₫531 (vs ₫377 in 3Q 2024) Third quarter 2025 results: EPS: ₫531 (up from ₫377 in 3Q 2024). Revenue: ₫194.3b (up 12% from 3Q 2024). Net income: ₫78.1b (up 41% from 3Q 2024). Profit margin: 40% (up from 32% in 3Q 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Upcoming Dividend • Aug 19
Upcoming dividend of ₫1,200 per share Eligible shareholders must have bought the stock before 26 August 2025. Payment date: 24 September 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.3%. Within top quartile of Vietnamese dividend payers (7.3%). Higher than average of industry peers (5.3%). Reported Earnings • Jul 22
Second quarter 2025 earnings released: EPS: ₫713 (vs ₫275 in 2Q 2024) Second quarter 2025 results: EPS: ₫713 (up from ₫275 in 2Q 2024). Revenue: ₫236.6b (up 60% from 2Q 2024). Net income: ₫104.8b (up 160% from 2Q 2024). Profit margin: 44% (up from 27% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Declared Dividend • Jul 09
Dividend of ₫1,200 announced Shareholders will receive a dividend of ₫1,200. Ex-date: 26th August 2025 Payment date: 24th September 2025 Dividend yield will be 6.3%, which is lower than the industry average of 6.7%. Sustainability & Growth Dividend is not covered by earnings (128% earnings payout ratio). However, it is covered by cash flows (64% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 43% to bring the payout ratio under control, which is more than the 23% EPS growth achieved over the last 5 years. Board Change • Apr 29
No independent directors There are 8 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: 8 new directors. 1 experienced director. No highly experienced directors. No independent directors (7 non-independent directors). Chairman of the Supervisory Board & Director Dat Truong Nguyen is the most experienced director on the board, commencing their role in 2021. 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 • Apr 02
Full year 2024 earnings released: EPS: ₫2,136 (vs ₫2,194 in FY 2023) Full year 2024 results: EPS: ₫2,136 (down from ₫2,194 in FY 2023). Revenue: ₫814.2b (down 7.6% from FY 2023). Net income: ₫313.8b (down 2.7% from FY 2023). Profit margin: 39% (up from 37% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 17
Upcoming dividend of ₫1,000 per share Eligible shareholders must have bought the stock before 24 March 2025. Payment date: 10 April 2025. Payout ratio is on the higher end at 81%, however this is supported by cash flows. Trailing yield: 6.9%. Lower than top quartile of Vietnamese dividend payers (7.6%). In line with average of industry peers (6.6%). Tillkännagivande • Mar 05
Central Hydropower Joint Stock Company Approves Interim Dividend Payment for the Year 2024, Payable on April 10, 2025 Central Hydropower Joint Stock Company at its board of directors meeting held on March 4, 2025, approved the interim dividend payment for the year 2024. Record date for the interim dividend payment for the year 2024 is March 25, 2025 payment date of interim dividend is April 10, 2025 interim dividend rate is 10% per share (one share receives VND 1,000). Total interim dividend payment amount is VND 146.91 billion. Tillkännagivande • Feb 28
Central Hydropower Joint Stock Company, Annual General Meeting, Apr 18, 2025 Central Hydropower Joint Stock Company, Annual General Meeting, Apr 18, 2025. Buy Or Sell Opportunity • Feb 18
Now 21% undervalued Over the last 90 days, the stock has risen 5.2% to ₫34,700. The fair value is estimated to be ₫44,041, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.1% over the last 3 years. Earnings per share has declined by 4.4%. Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: ₫377 (vs ₫120 in 3Q 2023) Third quarter 2024 results: EPS: ₫377 (up from ₫120 in 3Q 2023). Revenue: ₫173.1b (up 31% from 3Q 2023). Net income: ₫55.3b (up 214% from 3Q 2023). Profit margin: 32% (up from 13% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Upcoming Dividend • Aug 28
Upcoming dividend of ₫1,700 per share Eligible shareholders must have bought the stock before 04 September 2024. Payment date: 25 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: 7.4%. Lower than top quartile of Vietnamese dividend payers (8.2%). Lower than average of industry peers (10.0%). Reported Earnings • Jul 23
Second quarter 2024 earnings released: EPS: ₫275 (vs ₫199 in 2Q 2023) Second quarter 2024 results: EPS: ₫275 (up from ₫199 in 2Q 2023). Revenue: ₫148.2b (up 1.3% from 2Q 2023). Net income: ₫40.3b (up 38% from 2Q 2023). Profit margin: 27% (up from 20% in 2Q 2023). The increase in margin was primarily driven by lower expenses. 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 26% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Jul 16
Central Hydropower Joint Stock Company Announces Cash Dividend for the Year 2023, Payable on September 25, 2024 Central Hydropower Joint Stock Company announced that last registration date to excercise the remaining dividend payment right in 2023: September 5, 2024. Date of payment of dividends: September 25, 2024. Payment rate: 17% per share(1 share will receive VND 1700). Reported Earnings • Apr 21
First quarter 2024 earnings released: EPS: ₫211 (vs ₫734 in 1Q 2023) First quarter 2024 results: EPS: ₫211 (down from ₫734 in 1Q 2023). Revenue: ₫139.0b (down 43% from 1Q 2023). Net income: ₫31.0b (down 71% from 1Q 2023). Profit margin: 22% (down from 45% in 1Q 2023). The decrease in margin was driven by lower 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 17% per year. Board Change • Apr 14
High number of new directors There are 5 new directors who have joined the board in the last 3 years. CEO, Member of Management Board & Director Tuan Quy Le was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Mar 02
Central Hydropower Joint Stock Company, Annual General Meeting, Apr 25, 2024 Central Hydropower Joint Stock Company, Annual General Meeting, Apr 25, 2024. Reported Earnings • Jan 20
Full year 2023 earnings released: EPS: ₫2,300 (vs ₫3,473 in FY 2022) Full year 2023 results: EPS: ₫2,300 (down from ₫3,473 in FY 2022). Revenue: ₫881.4b (down 20% from FY 2022). Net income: ₫338.0b (down 34% from FY 2022). Profit margin: 38% (down from 46% in FY 2022). The decrease in margin was driven by lower 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 11% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Dec 21
Central Hydropower Joint Stock Company Announces First Cash Dividend Payment in 2023, Payable on January 24, 2024 Central Hydropower Joint Stock Company announced the record date to pay for the 1st cash dividend payment of Central Hydropower Joint Stock Company as follows: Ex-right date: December 26, 2023; Record date: December 27, 2023 Exercise ratio: 8%/par value (800 dongs/share); Payment date: January 24, 2024. Upcoming Dividend • Dec 19
Upcoming dividend of ₫800 per share at 12% yield Eligible shareholders must have bought the stock before 26 December 2023. Payment date: 24 January 2024. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 12%. Within top quartile of Vietnamese dividend payers (9.0%). Higher than average of industry peers (5.1%). Tillkännagivande • Jun 07
Central Hydropower Joint Stock Company Announces Dividend Payment for the Last Phase of 2022, Payable July 05, 2023 HOSE announces the record date for the dividend payment of Central Hydropower Joint Stock Company: Ex-right date: June 07, 2023. Record date: June 08, 2023.Purpose: for the payment for the last phase of 2022 dividend in cash. Dividend pay-out ratio: 18%/par value (VND1,800/share). Payment date: July 05, 2023. Upcoming Dividend • May 31
Upcoming dividend of ₫1,800 per share at 4.8% yield Eligible shareholders must have bought the stock before 07 June 2023. Payment date: 05 July 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of Vietnamese dividend payers (8.8%). Higher than average of industry peers (3.3%). Tillkännagivande • Feb 02
Central Hydropower Joint Stock Company, Annual General Meeting, Apr 21, 2023 Central Hydropower Joint Stock Company, Annual General Meeting, Apr 21, 2023. Reported Earnings • Jan 23
Full year 2022 earnings released: EPS: ₫3,349 (vs ₫1,648 in FY 2021) Full year 2022 results: EPS: ₫3,349 (up from ₫1,648 in FY 2021). Revenue: ₫1.10t (up 40% from FY 2021). Net income: ₫492.0b (up 103% from FY 2021). Profit margin: 45% (up from 31% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% 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 • Nov 30
Upcoming dividend of ₫1,200 per share Eligible shareholders must have bought the stock before 07 December 2022. Payment date: 30 December 2022. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 5.2%. Lower than top quartile of Vietnamese dividend payers (9.3%). Higher than average of industry peers (3.9%). Tillkännagivande • Nov 29
Central Hydropower Joint Stock Company Announces Cash Dividend for the Year 2022, Payable on December 30, 2022 On November 24, 2022 the Hochiminh Stock Exchange issued announcement No.2083/TB-SGDHCM about the record date of Central Hydropower Joint Stock Company as follows: ex-right date is December 7, 2022, and record date is December 8, 2022 to pay a cash dividend for 2022 in the exercise ratio of 12.0% (VND 1,200 per share) with payment date is December 30, 2022. Board Change • Nov 16
Less than half of directors are independent There are 5 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: 2 independent directors. 6 non-independent directors. Director Quyen 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: Minority of independent directors. Lack of board continuity. Reported Earnings • Oct 21
Third quarter 2022 earnings released: EPS: ₫642 (vs ₫351 in 3Q 2021) Third quarter 2022 results: EPS: ₫642 (up from ₫351 in 3Q 2021). Revenue: ₫231.2b (up 32% from 3Q 2021). Net income: ₫94.3b (up 83% from 3Q 2021). Profit margin: 41% (up from 29% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Sep 28
Central Hydropower Joint Stock Company Appoints Ho Hoan Kiem as Deputy CEO, as From October 01, 2022 Central Hydropower Joint Stock Company announced personnel change as follows: Mr. Ho Hoan Kiem was appointed as Deputy CEO in 05 years as from October 01, 2022. Tillkännagivande • Aug 05
Central Hydropower Joint Stock Company Appoints Nguyen the Nhat as Chief Accountant On July 29, 2022, the BOD of Central Hydropower Joint Stock Company approved the appointment of Mr. Nguyen The Nhat as Chief Accountant for of the Company from August 01, 2022. Reported Earnings • Jul 21
Second quarter 2022 earnings released: EPS: ₫988 (vs ₫181 in 2Q 2021) Second quarter 2022 results: EPS: ₫988 (up from ₫181 in 2Q 2021). Revenue: ₫284.8b (up 93% from 2Q 2021). Net income: ₫145.1b (up 446% from 2Q 2021). Profit margin: 51% (up from 18% 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 33% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 06
Upcoming dividend of ₫1,500 per share Eligible shareholders must have bought the stock before 13 May 2022. Payment date: 01 June 2022. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 6.7%. Lower than top quartile of Vietnamese dividend payers (6.8%). Higher than average of industry peers (3.5%). Tillkännagivande • May 02
Central Hydropower Joint Stock Company Announces Cash Dividend Payment for 2021, Payable on June 01, 2022 Central Hydropower Joint Stock Company announced cash dividend payment of 15%/par value (1,500 dongs/share) for 2021. Record date is May 16, 2022. Payment date is June 01, 2022. Board Change • Apr 27
Less than half of directors are independent There are 5 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: 2 independent directors. 6 non-independent directors. Director Quyen 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: Minority of independent directors. Lack of board continuity. Reported Earnings • Apr 20
First quarter 2022 earnings released: EPS: ₫531 (vs ₫430 loss in 1Q 2021) First quarter 2022 results: EPS: ₫531 (up from ₫430 loss in 1Q 2021). Revenue: ₫208.7b (up 347% from 1Q 2021). Net income: ₫78.1b (up ₫141.2b from 1Q 2021). Profit margin: 37% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jan 26
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: ₫1,624 (down from ₫1,895 in FY 2020). Revenue: ₫787.4b (down 5.2% from FY 2020). Net income: ₫238.6b (down 14% from FY 2020). Profit margin: 30% (down from 34% in FY 2020). Revenue missed analyst estimates by 3.7%. 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 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 22
Third quarter 2021 earnings released: EPS ₫351 (vs ₫401 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₫175.9b (down 6.4% from 3Q 2020). Net income: ₫51.6b (down 12% from 3Q 2020). Profit margin: 29% (down from 31% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Executive Departure • Aug 05
Deputy General Director and Member of Management Board Lam Uyen has left the company On the 1st of August, Lam Uyen's tenure as Deputy General Director and Member of Management Board ended. We don't have any record of a personal shareholding under Lam's name. Lam is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.17 years. Reported Earnings • Jul 23
Second quarter 2021 earnings released: EPS ₫181 (vs ₫30.19 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₫147.8b (up 29% from 2Q 2020). Net income: ₫26.6b (up ₫31.0b from 2Q 2020). Profit margin: 18% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jul 08
Upcoming dividend of ₫1,600 per share Eligible shareholders must have bought the stock before 15 July 2021. Payment date: 29 July 2021. Trailing yield: 4.8%. Lower than top quartile of Vietnamese dividend payers (7.6%). In line with average of industry peers (4.6%). Reported Earnings • Apr 24
First quarter 2021 earnings released The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: ₫46.7b (down 57% from 1Q 2020). Net loss: ₫63.1b (loss widened ₫58.0b from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 28
New 90-day low: ₫18,400 The company is down 5.0% from its price of ₫19,450 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. Reported Earnings • Jan 23
Full year 2020 earnings released: EPS ₫1,895 The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₫830.5b (up 16% from FY 2019). Net income: ₫278.5b (up 29% from FY 2019). Profit margin: 34% (up from 30% in FY 2019). The increase in margin was driven by higher revenue. 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 6% per year. Is New 90 Day High Low • Jan 04
New 90-day low: ₫18,600 The company is down 4.0% from its price of ₫19,450 on 06 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 13% over the same period. Reported Earnings • Oct 22
Third quarter earnings released Over the last 12 months the company has reported total profits of ₫216.3b, up 17% from the prior year. Total revenue was ₫741.9b over the last 12 months, up 16% from the prior year. Is New 90 Day High Low • Oct 05
New 90-day high: ₫19,850 The company is up 16% from its price of ₫17,123 on 07 July 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 up 6.0% over the same period.