Thac Ba Hydropower JSC (TBC) - Total Assets
Based on the latest financial reports, Thac Ba Hydropower JSC (TBC) holds total assets worth ₫1.65 Trillion VND (≈ $62.81 Million USD) 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. See Thac Ba Hydropower JSC net assets for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see TBC stock market capitalisation.
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 |
|---|---|---|
|
CGN Power
SHE:003816
|
China | CN¥506.02 Billion |
|
Dalian Thermal Power Co Ltd
SHG:600719
|
China | CN¥2.48 Billion |
|
Maxim Power Corp.
TO:MXG
|
Canada | CA$375.28 Million |
|
1414 Degrees Ltd
AU:14D
|
Australia | AU$5.59 Million |
|
AGL Energy Ltd
AU:AGL
|
Australia | AU$15.77 Billion |
|
Energy World Corporation Ltd
AU:EWC
|
Australia | AU$777.96 Million |
|
Capital Power Corporation
TO:CPX
|
Canada | CA$15.35 Billion |
|
TransAlta Corp
TO:TA
|
Canada | CA$8.89 Billion |
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 | $80.70 Million USD |
Valuation Analysis
Below Book Valuation: The market values Thac Ba Hydropower JSC's assets below their book value (0.00x), 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 ≈ $62.81 Million |
+8.78% |
| 2024-12-31 | ₫1.52 Trillion ≈ $57.74 Million |
-1.05% |
| 2023-12-31 | ₫1.54 Trillion ≈ $58.36 Million |
-3.67% |
| 2022-12-31 | ₫1.59 Trillion ≈ $60.58 Million |
+1.32% |
| 2021-12-31 | ₫1.57 Trillion ≈ $59.79 Million |
-1.57% |
| 2020-12-31 | ₫1.60 Trillion ≈ $60.75 Million |
-2.57% |
| 2019-12-31 | ₫1.64 Trillion ≈ $62.35 Million |
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About 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