Pha Lai Thermal Power JSC (PPC) - Total Assets
Based on the latest financial reports, Pha Lai Thermal Power JSC (PPC) holds total assets worth ₫5.43 Trillion VND (≈ $206.23 Million USD) as of March 2026. 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. Check how aggressively does Pha Lai Thermal Power JSC reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
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. Check cash flow quality index of Pha Lai Thermal Power JSC to evaluate the quality of earnings relative to operating cash generation.
Pha Lai Thermal Power JSC - Asset Composition Analysis
Current Asset Composition (December 2025)
Pha Lai Thermal Power JSC's total assets of ₫5.43 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. For live market cap, price, and company overview, see market value of Pha Lai Thermal Power JSC.
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 |
|---|---|---|
|
Huadian Energy
SHG:600726
|
China | CN¥33.26 Billion |
|
Capital Power Corporation
TO:CPX
|
Canada | CA$15.62 Billion |
|
Beijing Jingneng Power Co Ltd
SHG:600578
|
China | CN¥101.51 Billion |
|
Maxim Power Corp.
TO:MXG
|
Canada | CA$387.32 Million |
|
Energy World Corporation Ltd
AU:EWC
|
Australia | AU$777.96 Million |
|
Huadian Ener-B
SHG:900937
|
China | $33.26 Billion |
|
Energia Latina SA
SN:ENLASA
|
Chile | CL$138.19 Million |
|
AGL Energy Ltd
AU:AGL
|
Australia | AU$15.77 Billion |
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 | 3.10 | 2.43 | 4.57 |
| Quick Ratio | 2.12 | 1.78 | 3.84 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₫1.82 Trillion | ₫1.79 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 | 0.70 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -5.2% |
| Total Assets | ₫5.25 Trillion |
| Market Capitalization | $117.79 Million USD |
Valuation Analysis
Below Book Valuation: The market values Pha Lai Thermal Power JSC's assets below their book value (0.00x), 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 ≈ $199.33 Million |
-5.19% |
| 2024-12-31 | ₫5.53 Trillion ≈ $210.25 Million |
-4.23% |
| 2023-12-31 | ₫5.78 Trillion ≈ $219.53 Million |
-0.03% |
| 2022-12-31 | ₫5.78 Trillion ≈ $219.58 Million |
+6.07% |
| 2021-12-31 | ₫5.45 Trillion ≈ $207.01 Million |
-24.68% |
| 2020-12-31 | ₫7.23 Trillion ≈ $274.84 Million |
-0.30% |
| 2019-12-31 | ₫7.26 Trillion ≈ $275.67 Million |
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About 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.