Upcoming Dividend • Jun 22
Upcoming dividend of ₫500 per share Eligible shareholders must have bought the stock before 29 June 2026. Payment date: 10 July 2026. Payout ratio is a comfortable 24% but the company is paying out more than the cash it is generating. Trailing yield: 5.0%. Lower than top quartile of Vietnamese dividend payers (8.2%). Higher than average of industry peers (4.4%). Reported Earnings • Mar 31
Full year 2025 earnings released: EPS: ₫939 (vs ₫473 in FY 2024) Full year 2025 results: EPS: ₫939. Revenue: ₫7.75t (up 8.9% from FY 2024). Net income: ₫56.7b (down 1.8% from FY 2024). Profit margin: 0.7% (down from 0.8% in FY 2024). The decrease in margin was driven by higher expenses. Tillkännagivande • Mar 20
Khanh Hoa Power Joint Stock Company, Annual General Meeting, Jun 11, 2026 Khanh Hoa Power Joint Stock Company, Annual General Meeting, Jun 11, 2026, at 08:00 SE Asia Standard Time. Location: auditorium of khnh hoa power jsc, 11 ly thnh ton street, nha trang ward, khanh hoa province, Vietnam Board Change • Nov 25
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. 1 independent director (5 non-independent directors). Deputy CEO & Director Tran Hien is the most experienced director on the board, commencing their role in 2018. Independent Director Hoai Nguyen was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Upcoming Dividend • May 16
Upcoming dividend of ₫500 per share Eligible shareholders must have bought the stock before 23 May 2025. Payment date: 16 June 2025. Trailing yield: 7.5%. Lower than top quartile of Vietnamese dividend payers (8.0%). Lower than average of industry peers (12%). Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₫9,200, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 11x in the Electric Utilities industry in Vietnam. Total loss to shareholders of 28% over the past three years. Tillkännagivande • Feb 27
Khanh Hoa Power Joint Stock Company, Annual General Meeting, Apr 24, 2025 Khanh Hoa Power Joint Stock Company, Annual General Meeting, Apr 24, 2025. Location: 11 ly thanh ton, nha trang city, khanh hoa province, Vietnam New Risk • Dec 31
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 7.1% 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 Risks Latest financial reports are more than 1 year old (reported December 2017 fiscal period end). Share price has been highly volatile over the past 3 months (7.1% average weekly change). High level of non-cash earnings (25% accrual ratio). 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 (₫806.0b market cap, or US$31.4m). New Risk • Nov 06
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 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: Major Risks Latest financial reports are more than 1 year old (reported December 2017 fiscal period end). High level of non-cash earnings (25% accrual ratio). Minor Risks 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 (4.9% average weekly change). Market cap is less than US$100m (₫818.1b market cap, or US$31.9m). Buy Or Sell Opportunity • Oct 17
Now 21% overvalued Over the last 90 days, the stock has fallen 3.8% to ₫9,670. The fair value is estimated to be ₫8,023, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Buy Or Sell Opportunity • Sep 12
Now 20% overvalued Over the last 90 days, the stock has fallen 3.1% to ₫9,640. The fair value is estimated to be ₫8,023, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Tillkännagivande • May 05
Khanh Hoa Power Joint Stock Company, Annual General Meeting, Jun 26, 2024 Khanh Hoa Power Joint Stock Company, Annual General Meeting, Jun 26, 2024. Location: 11 Ly Thanh Ton, Nha Trang city, Khanh Hoa province Vietnam Tillkännagivande • Apr 05
Khanh Hoa Power Joint Stock Company Appoints Tran Dang Hien as Deputy CEO Khanh Hoa Power Joint Stock Company announced the change in personnel as follows: Appointment: Mr. Tran Dang Hien; Newly appointed position: Deputy CEO; Effective date: April 01, 2024. Upcoming Dividend • Mar 14
Upcoming dividend of ₫600 per share Eligible shareholders must have bought the stock before 21 March 2024. Payment date: 25 April 2024. Trailing yield: 5.1%. Lower than top quartile of Vietnamese dividend payers (8.3%). Lower than average of industry peers (8.5%). Tillkännagivande • Mar 07
Khanh Hoa Power Joint Stock Company Announces Dividend Payment for the Year 2023, Payable on April 25, 2024 On January 05, 2024, the BOD of Khanh Hoa Power Joint Stock Company announced 2023 dividend payment with details as follows: approve the record date for the 1st cash dividend payment in 2023: Record date: March 22, 2024, Exercise ratio: 6%/charter capital (VND 600/share), Payment time: April 25, 2024. Declared Dividend • Mar 07
Final dividend of ₫600 announced Shareholders will receive a dividend of ₫600. Ex-date: 21st March 2024 Payment date: 25th April 2024 Dividend yield will be 8.6%, which is about the same as the industry average. Sustainability & Growth The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Tillkännagivande • Feb 20
Khanh Hoa Power Joint Stock Company, Annual General Meeting, Apr 24, 2024 Khanh Hoa Power Joint Stock Company, Annual General Meeting, Apr 24, 2024, at 01:00 Coordinated Universal Time. Location: No.11 Ly Thanh Ton street, Nha Trang city, Khanh Hoa province Nha Trang City Vietnam Agenda: To consider 2023 business result and 2024 business plan; to consider Report on the Supervisory Board operation in 2023; to consider Plan not to distribute treasury shares in 2023; to consider Approval for audited financial statements, profit distribution plan, and stock dividend payment plan in 2023; to consider Approval for the amendment, supplement of business lines; to consider Approval for the charter amendment; and to consider other business matters. Board Change • Nov 15
Less than half of directors are independent Following 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. 3 non-independent directors. Independent Director Nguyen Tam 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. Tillkännagivande • Aug 25
Khanh Hoa Power Joint Stock Company Announces Executive Changes Khanh Hoa Power Joint Stock Company announced the appointment of Mrs. Phan Thi Thanh Ly as Head of the Financial & Accountant Department, with effect from September 01, 2023. Term: 05 years. The company also announced the resignation of Mrs. Tran Thi Trieu Linh as Chief Accountant with effect from September 1, 2023. Tillkännagivande • Jan 11
Khanh Hoa Power Joint Stock Company Announces Termination of Operation of Business Location On January 06, 2023, Khanh Hoa Power Joint Stock Company announced the termination of operation of business location at No.10 Le Hong Phong, Phuoc Hai ward, Nha Trang city, Khanh Hoa province. Tillkännagivande • Jul 13
Khanh Hoa Power Joint Stock Company Appoints Mr. Do Thanh Son as Deputy CEO The board of directors of Khanh Hoa Power Joint Stock Company announced the appointment of Mr. Do Thanh Son as Deputy CEO, effective from July 01, 2022. Tillkännagivande • Jul 01
Khanh Hoa Power Joint Stock Company Announces Executive Changes The Board resolution dated June 28, 2022, the BOD of Khanh Hoa Power Joint Stock Company approved the change in personnel as follows: Approved the resignation of Mr. Nguyen Quang Tien as Person in charge of Corporate Governance from July 01, 2022. Approved the appointment of Mr. Le Anh Khoi as Person in charge of Corporate Governance from July 01, 2022. Upcoming Dividend • Nov 05
Upcoming dividend of ₫2,500 per share Eligible shareholders must have bought the stock before 12 November 2021. Payment date: 01 December 2021. Trailing yield: 1.7%. Lower than top quartile of Vietnamese dividend payers (6.0%). Lower than average of industry peers (13%). Upcoming Dividend • May 24
Upcoming dividend of ₫250 per share Eligible shareholders must have bought the stock before 31 May 2021. Payment date: 01 July 2021. Trailing yield: 5.3%. Lower than top quartile of Vietnamese dividend payers (7.8%). Lower than average of industry peers (13%). Is New 90 Day High Low • Jan 11
New 90-day high: ₫7,250 The company is up 19% from its price of ₫6,080 on 13 October 2020. The Vietnamese market is up 24% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electric Utilities industry, which is up 11% over the same period. Is New 90 Day High Low • Dec 14
New 90-day high: ₫6,740 The company is up 4.0% from its price of ₫6,470 on 15 September 2020. The Vietnamese market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electric Utilities industry, which is down 1.0% over the same period. Is New 90 Day High Low • Nov 12
New 90-day low: ₫5,660 The company is down 11% from its price of ₫6,386 on 14 August 2020. The Vietnamese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is flat over the same period. 