
Southern Hydropower Joint Stock Company (SHP) was established in 2004 with the founding shareholders including Southern Power Corporation, employees and partner enterprises of the Corporation. The company is currently managing the investment of 3 projects: Damascus project, Da Dang hydropower project and Dam 'bri hydropower project. These projects are all in the form of investment incentives of the Government. The average total power output of SHP reaches 708.36 million KWh/year. The three CDM Da Siat, CDM Da Dang 2, CDM Da M'Bri projects have been approved by the United Nations Committee on Climate Change as CDM (Clean Mechanism Project) projects. The International Executive Committee on Clean Development Mechanism (EB) has officially issued a greenhouse gas emission reduction certificate for the Da Dang 2 Hydropower Plant Project with the amount of 212,197 CERs. On July 21, 2014, SHP officially traded on the Ho Chi Minh City Stock Exchange (hose).
SHP currently has a market capitalization of roughly VND 3.203 billion, placing it in the mid-cap group on the Vietnamese stock market. Its current P/E of 10,7x is 21% below its own 8-year average (13,4x), suggesting the stock is trading cheaper than its historical norm. P/B stands at 2,5x, 10% above its multi-year average of 2,3x. Return on equity (ROE) is at 23,7%. Its debt-to-equity ratio of 0x is low, reflecting a conservative capital structure. In 2025, revenue grew 3% year-on-year while after-tax profit grew 1%.
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.