
Bac Ha Hydropower Joint Stock Company (BHA) was established in 2008. The company operates mainly in the field of production, transmission and distribution of electricity. BHA became a public company in May 20217. Bac Ha Hydropower Plant Management and Operation Company consists of 2 units with a installed capacity of 90MW. Each year, the Plant supplies 300 million kWh of commercial electricity to the national grid. BHA has been traded on the UPCOM market since August 2017.
BHA currently has a market capitalization of roughly VND 1.360 billion, placing it in the mid-cap group on the Vietnamese stock market. Its current P/E of 9,8x is 20% below its own 7-year average (12,3x), suggesting the stock is trading cheaper than its historical norm. P/B stands at 1,3x, 8% above its multi-year average of 1,2x. Return on equity (ROE) is at 13,4%, down from 16,8% the year before. Its debt-to-equity ratio of 0,2x is low, reflecting a conservative capital structure. In 2025, revenue fell 7% year-on-year while after-tax profit grew 2%.
This note is generated automatically from the stock's real financial data, for reference only — not investment advice.
Unit: VND billion. Growth (%) vs. previous period.
Unit: VND billion. Year-end values; current year uses latest session.
Unit: x. Financial debt over shareholders' equity.
Data aggregated from cafef.vn and VNDirect, for reference only, not investment advice.