Pha Lai Thermal Power JSC
Pha Lai Thermal Power Joint Stock Company engages in the generation and sale of electricity business from thermal and natural coal fuel in Vietnam. The company was founded in 2006 and is headquartered in Hai Phong, Vietnam.
Pha Lai Thermal Power JSC (PPC) - Total Assets
Latest total assets as of December 2025: ₫5.25 Trillion VND
Based on the latest financial reports, Pha Lai Thermal Power JSC (PPC) holds total assets worth ₫5.25 Trillion VND as of December 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Pha Lai Thermal Power JSC - Total Assets Trend (2019–2025)
This chart illustrates how Pha Lai Thermal Power JSC’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Pha Lai Thermal Power JSC - Asset Composition Analysis
Current Asset Composition (December 2025)
Pha Lai Thermal Power JSC's total assets of ₫5.25 Trillion consist of 47.5% current assets and 52.5% non-current assets.
| Asset Category | Amount (VND) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₫0.00 | 7.5% |
| Accounts Receivable | ₫1.06 Trillion | 20.3% |
| Inventory | ₫706.59 Billion | 13.5% |
| Property, Plant & Equipment | ₫0.00 | 0.0% |
| Intangible Assets | ₫990.77 Million | 0.0% |
| Goodwill | ₫0.00 | 0.0% |
Asset Composition Trend (2019–2025)
This chart illustrates how Pha Lai Thermal Power JSC's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Pha Lai Thermal Power JSC's current assets represent 47.5% of total assets in 2025, a decrease from 58.0% in 2019.
- Cash Position: Cash and equivalents constituted 7.5% of total assets in 2025, up from 3.3% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 20.3% of total assets.
Pha Lai Thermal Power JSC Competitors by Total Assets
Key competitors of Pha Lai Thermal Power JSC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Guangdong Baolihua New Energy Stock Co LTD
SHE:000690
|
China | CN¥21.94 Billion |
|
CGN Power
SHE:003816
|
China | CN¥447.14 Billion |
|
1414 Degrees Ltd
AU:14D
|
Australia | AU$5.59 Million |
|
Genesis Energy Limited
F:1G6
|
Germany | €6.10 Billion |
|
Henan BCCY Environmental Energy Co. Ltd
SHE:300614
|
China | CN¥2.16 Billion |
|
AHT Syngas Technology NV
F:3SQ1
|
Germany | €11.16 Million |
|
CATES ELEKTRIK
IS:CATES
|
Turkey | TL10.70 Billion |
|
Zhejiang Zheneng Electric Power Co Ltd
SHG:600023
|
China | CN¥159.18 Billion |
Pha Lai Thermal Power JSC - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Pha Lai Thermal Power JSC generates 1.25x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Pha Lai Thermal Power JSC generates $ 3.24 in net profit.
Pha Lai Thermal Power JSC - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.21 | 2.71 | 4.57 |
| Quick Ratio | 2.30 | 2.03 | 3.84 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₫1.71 Trillion | ₫ 1.72 Trillion | ₫ 2.05 Trillion |
Pha Lai Thermal Power JSC - Advanced Valuation Insights
This section examines the relationship between Pha Lai Thermal Power JSC's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.69 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -5.2% |
| Total Assets | ₫5.25 Trillion |
| Market Capitalization | $104.33 Million USD |
Valuation Analysis
Below Book Valuation: The market values Pha Lai Thermal Power JSC's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Pha Lai Thermal Power JSC's assets decreased by 5.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Pha Lai Thermal Power JSC (2019–2025)
The table below shows the annual total assets of Pha Lai Thermal Power JSC from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ₫5.25 Trillion | -5.19% |
| 2024-12-31 | ₫5.53 Trillion | -4.23% |
| 2023-12-31 | ₫5.78 Trillion | -0.03% |
| 2022-12-31 | ₫5.78 Trillion | +6.07% |
| 2021-12-31 | ₫5.45 Trillion | -24.68% |
| 2020-12-31 | ₫7.23 Trillion | -0.30% |
| 2019-12-31 | ₫7.26 Trillion | -- |