Can Don Hydro Power JSC

Can Don Hydro Power JSC

HHOSE:SJD
13,850.00
VND
-50.00
(-0.36%)
1,403.46EPS
10.04P/E
969.43BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5,729.78
6,290.34
5,537.22
8,120.29
8,502.08
7,193.21
6,161.32
4,801.12
6,164.6
6,598.21
6,243.75
6,123.96
6,513.04
5,234.32
Basic EPS, GAAP
2,745.26
2,948.76
2,599.36
3,160.27
3,375.87
2,766
2,227.62
1,465.02
2,317.94
2,231
1,882.46
2,064.75
2,327.94
1,399.84
Free Cash Flow per Basic Share
- -
- -
1,717.58
3,154.27
3,305.08
2,240.78
3,241.54
220.6
-155.12
3,621.56
2,932.53
2,889.87
2,136.98
2,543.18
Dividend per Share
2,319.83
1,448.85
1,664.08
2,497.82
2,722.39
2,498.17
3,495.86
1,536.87
489.25
1,298.43
2,873.12
1,763.24
1,665.9
- -
Book Value per Share
13,207.25
14,424.52
15,192.11
15,429.96
15,890.86
13,952.65
13,469.82
12,713.21
13,654.76
15,758.22
14,593.48
14,716.91
15,239.53
14,406.86
Tangible Book Value per Share
13,151.96
14,375.24
15,142.83
15,380.69
15,841.58
13,903.37
13,420.54
12,663.93
13,605.48
15,708.94
14,544.21
14,667.63
15,190.26
14,357.58
Basic Weighted Avg Shares
54
62
69
46
58
69
69
69
69
69
69
69
69
69
Sales/Revenue/Turnover
309,696
390,855
382,061
373,526
495,021
496,322
425,123
331,270
425,349
455,267
430,810
422,545
449,391
360,733
Operating Margin (%)
54.83
50.76
52.39
44.77
46.6
45.64
47.92
38.64
47.57
46.4
41.23
45.65
43.91
34.74
Depreciation Expense
389
- -
70,190
66,782
95,046
93,510
75,799
62,395
80,284
85,195
86,376
80,958
36,830
29,010
Net Income, GAAP
148,382
183,223
179,353
145,370
196,555
190,850
153,703
101,085
159,934
153,936
129,887
142,465
160,625
96,472
Effective Tax Rate (%)
5.13
5.05
6.92
7.91
11.48
11.34
20.54
22.23
19.97
19.87
20.5
20.45
19.22
20.08
Profit Margin (%)
47.91
46.88
46.94
38.92
39.71
38.45
36.15
30.51
37.6
33.81
30.15
33.72
35.74
26.74
Working Capital
190,467
242,876
324,196
408,637
526,779
457,555
494,667
493,967
630,161
849,710
848,473
937,458
1,001,251
939,306
LT Debt
236,137
208,684
256,379
263,024
254,132
239,589
241,789
232,081
220,261
210,787
199,584
196,975
189,241
182,945
Total Equity
825,275
1,008,592
1,061,540
1,075,670
1,107,330
973,730
939,625
886,084
951,151
1,096,615
1,016,533
1,025,278
1,062,297
1,004,679
Return on Invested Capital (%)
13.64
15.56
13.19
10.61
14.32
14.48
12.42
8.37
13.53
12.07
9.92
11.33
12.63
7.83
Return on Capital (%)
15.62
16.83
14.83
12.18
15.58
15.87
13.99
9.91
14.75
13.21
11.3
12.59
13.74
9.01
Return on Common Equity (%)
23.39
20.27
17.55
13.76
18.19
18.54
16.25
11.19
17.58
15.17
12.4
14.09
15.54
9.55

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
12,047
8,547
10,451
LT Borrowings
189,241
189,241
182,945
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
69
69
69
Market Capitalization
969,431
969,431
969,431

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,126,443
1,102,147
1,141,503
Cash, Cash Equivalents & STI
340,278
354,161
354,591
Accounts Receivable, Net
743,742
726,979
737,084
Inventories
2,612
2,356
1,925
Total Current Liabilities
125,192
81,756
202,196
Payables & Accruals
- -
- -
- -
ST Debt
12,047
8,547
10,451
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.28%
3.96%
3.61%
Free Cash Flow
-266.47%
-530.32%
-26.05%
Net Income, GAAP
2.1%
12.26%
12.75%
Sales/Revenue/Turnover
2.86%
6.9%
6.35%
Total Cash Common Dividend
20.5%
34.87%
-5.52%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
58,398
88,545
179,682
95,919
422,545
2025
54,649
99,018
- -
109,868
449,391
2026
65,678
86,168
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
230
377
1,275.93
182
2,064.75
2025
166
536
- -
95
2,327.94
2026
306
462
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
37.49
- -
- -
1,729.91
1,763.24
2025
- -
- -
- -
- -
1,665.9
2026
- -
- -
- -
- -
- -

Company Description

CEO
Hoan Ngoc Mai
Full Time Employees
218
Sector
Utilities
Industry
Electric utilities
Address
Binh Phuoc Vietnam
IPO Date
Dec 11, 2006
Business
Can Don Hydro Power Joint Stock Company is a Vietnam-based renewable energy utility and independent power producer primarily engaged in the generation, transmission, and wholesale distribution of hydroelectric power. Founded in 1998, converted to a joint stock entity in 2004, and operating as a subsidiary of Song Da Corporation, the company is headquartered in Bu Dop District, Binh Phuoc Province, Vietnam. The company owns, operates, and manages a portfolio of run-of-river and reservoir hydroelectric generation facilities across Vietnam, anchored by its flagship 77.6-megawatt (MW) Can Don Hydropower Plant located on the Be River in Binh Phuoc Province, alongside the 9.3 MW Na Loi Hydropower Plant in Dien Bien Province and the 3.6 MW Ry Ninh II Hydropower Plant in Gia Lai Province. The company operates across diversified power and infrastructure business segments, offering core products and services that include: wholesale commercial electricity generation supplied directly to the national power grid under long-term power purchase agreements with state utility Vietnam Electricity (EVN); engineering, procurement, and construction (EPC) services for electric power systems, power transmission lines, high-voltage transformer substations, civil engineering projects, industrial facilities, and irrigation works; electromechanical technical services, including turbine overhaul, generator maintenance, condition monitoring, electrical testing, and equipment calibration for hydro generation facilities; commercial trading and distribution of specialized industrial machinery, electrical equipment, spare parts, and construction supplies; and secondary reservoir management activities comprising commercial aquaculture, fishery operations, and regional eco-tourism services. In recent strategic and operational developments, Can Don Hydro Power Joint Stock Company has advanced its renewable energy pipeline in alignment with Vietnam's Power Development Plan VIII (PDP8), conducting investment preparation and regulatory feasibility studies for a 38.8 MW capacity expansion of the Can Don Hydropower Plant as well as floating solar photovoltaic (PV) projects on the Can Don reservoir totaling up to 399 MWp across planned phases. To enhance operational reliability, the company executed major modernization and overhaul programs across its generation units, including upgrading the digital speed governor and control instrumentation for turbine Unit H1 at the Can Don facility. Administratively, the company completed an internal operational restructuring by establishing a centralized Electromechanical Technical Services Center to optimize maintenance workflows and expand third-party technical service contracting. In addition, the company entered into a strategic cooperation agreement with Vietnam Development Bank (Transaction Center II) to secure capital financing and credit facilities for its clean energy project pipeline.