Thac Ba Hydropower JSC
Thac Ba Hydropower Joint Stock Company, together with its subsidiaries, engages in the production and trading of electricity in Vietnam. The company operates the Thac Ba hydropower plant. It is involved in the management, operation, repair, maintenance, overhaul, and renovation of hydraulic and architectural works, and equipment of hydropower plants and transformer stations; and testing and calib… Read more
Thac Ba Hydropower JSC (TBC) - Total Assets
Latest total assets as of December 2025: ₫1.65 Trillion VND
Based on the latest financial reports, Thac Ba Hydropower JSC (TBC) holds total assets worth ₫1.65 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.
Thac Ba Hydropower JSC - Total Assets Trend (2019–2025)
This chart illustrates how Thac Ba Hydropower JSC’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Thac Ba Hydropower JSC - Asset Composition Analysis
Current Asset Composition (December 2025)
Thac Ba Hydropower JSC's total assets of ₫1.65 Trillion consist of 13.4% current assets and 86.6% non-current assets.
| Asset Category | Amount (VND) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₫0.00 | 4.9% |
| Accounts Receivable | ₫68.47 Billion | 4.1% |
| Inventory | ₫5.08 Billion | 0.3% |
| Property, Plant & Equipment | ₫0.00 | 0.0% |
| Intangible Assets | ₫14.90 Billion | 0.9% |
| Goodwill | ₫62.81 Billion | 3.8% |
Asset Composition Trend (2019–2025)
This chart illustrates how Thac Ba Hydropower 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: Thac Ba Hydropower JSC's current assets represent 13.4% of total assets in 2025, a decrease from 15.2% in 2019.
- Cash Position: Cash and equivalents constituted 4.9% of total assets in 2025, up from 2.2% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 10.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 4.1% of total assets.
Thac Ba Hydropower JSC Competitors by Total Assets
Key competitors of Thac Ba Hydropower JSC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Energia Latina SA
SN:ENLASA
|
Chile | CL$138.19 Million |
|
Talen Energy Corporation
OTCQX:TLN
|
USA | $6.10 Billion |
|
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 |
Thac Ba Hydropower 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
Lower asset utilization - Thac Ba Hydropower JSC generates 0.34x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Thac Ba Hydropower JSC generates $ 11.62 in net profit.
Thac Ba Hydropower 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 | 2.24 | 1.66 | 2.22 |
| Quick Ratio | 2.18 | 1.62 | 2.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₫122.78 Billion | ₫ 93.68 Billion | ₫ 246.96 Billion |
Thac Ba Hydropower JSC - Advanced Valuation Insights
This section examines the relationship between Thac Ba Hydropower 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 | 1.93 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 8.8% |
| Total Assets | ₫1.65 Trillion |
| Market Capitalization | $8.36 Million USD |
Valuation Analysis
Below Book Valuation: The market values Thac Ba Hydropower JSC's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Thac Ba Hydropower JSC's assets grew by 8.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Thac Ba Hydropower JSC (2019–2025)
The table below shows the annual total assets of Thac Ba Hydropower JSC from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ₫1.65 Trillion | +8.78% |
| 2024-12-31 | ₫1.52 Trillion | -1.05% |
| 2023-12-31 | ₫1.54 Trillion | -3.67% |
| 2022-12-31 | ₫1.59 Trillion | +1.32% |
| 2021-12-31 | ₫1.57 Trillion | -1.57% |
| 2020-12-31 | ₫1.60 Trillion | -2.57% |
| 2019-12-31 | ₫1.64 Trillion | -- |