
Pha Lai Thermal Power Joint Stock Company (PPC), formerly known as Pha Lai Thermal Power Plant, was established in 1982. The company operates mainly in the field of electricity production and trading. Since 2006, PPC has been operating under the equity model. The company currently manages and operates 02 thermal power plants, including 06 units with a total generating capacity of 1,040 MW. Every year, PPC produces and supplies the national grid with about 6 billion KWh. PPC has been traded on the Ho Chi Minh Stock Exchange (hose) since January 2007.
PPC currently has a market capitalization of roughly VND 2.853 billion, placing it in the mid-cap group on the Vietnamese stock market. Its current P/E of 10,5x is 20% below its own 8-year average (13x), suggesting the stock is trading cheaper than its historical norm. P/B stands at 0,6x, 39% below its multi-year average of 1x. Return on equity (ROE) is at 6%, up from 3,7% the year before. Its debt-to-equity ratio of 0x is low, reflecting a conservative capital structure. In 2025, revenue fell 15% year-on-year while after-tax profit fell 61%.
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.