P

Pha Lai Thermal Power JSC
VN:PPC

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Pha Lai Thermal Power JSC
VN:PPC
Watchlist
Price: 9 950 VND -0.1% Market Closed
Market Cap: 3.2T VND
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+66%
5Y
-19%
10Y
-15%
Operating Income
+
3Y
-
5Y
-96%
10Y
-95%
Net Income
+
3Y
-24%
5Y
-77%
10Y
-77%

Earnings Waterfall
Pha Lai Thermal Power JSC

Revenue
6.7T VND
Cost of Revenue
-6.6T VND
Gross Profit
157.4B VND
Operating Expenses
-121.5B VND
Operating Income
35.9B VND
Other Expenses
189.4B VND
Net Income
225.3B VND

Income Statement
Pha Lai Thermal Power JSC

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Income Statement
Currency: VND
Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
199 381
167 303
180 065
178 565
169 173
167 312
168 280
166 201
161 606
170 961
165 074
168 653
175 253
175 713
186 137
187 637
200 003
203 183
214 449
224 066
227 110
232 660
222 781
221 564
215 776
206 288
193 270
183 652
164 977
155 071
154 597
146 515
145 597
138 841
131 434
124 130
120 220
120 229
118 210
125 845
408 426
125 359
407 178
391 072
92 833
72 132
51 067
37 127
27 565
24 472
20 513
18 296
15 594
12 244
11 336
7 018
4 496
2 803
0
0
609
0
0
0
0
0
0
0
420
504
0
0
480
0
0
0
Revenue
2 772 424
N/A
3 607 073
+30%
3 920 225
+9%
3 915 508
0%
3 917 012
+0%
3 807 068
-3%
3 846 236
+1%
3 890 318
+1%
3 854 939
-1%
3 881 915
+1%
3 902 468
+1%
4 005 281
+3%
4 241 957
+6%
4 420 950
+4%
4 409 294
0%
4 429 214
+0%
4 367 473
-1%
4 183 077
-4%
4 253 341
+2%
4 156 191
-2%
3 715 259
-11%
3 738 172
+1%
3 668 910
-2%
3 702 575
+1%
3 784 338
+2%
4 130 558
+9%
4 825 418
+17%
5 573 686
+16%
6 087 583
+9%
6 588 538
+8%
6 975 810
+6%
7 220 034
+4%
7 385 252
+2%
7 481 943
+1%
7 318 379
-2%
7 469 378
+2%
7 885 190
+6%
7 664 948
-3%
7 369 474
-4%
6 601 998
-10%
6 068 713
-8%
5 865 841
-3%
5 634 809
-4%
5 822 657
+3%
6 046 252
+4%
6 235 982
+3%
6 561 672
+5%
7 094 709
+8%
6 883 153
-3%
7 116 832
+3%
7 024 603
-1%
7 050 265
+0%
7 748 434
+10%
8 182 925
+6%
8 706 847
+6%
8 732 587
+0%
8 331 555
-5%
7 929 383
-5%
6 774 994
-15%
5 727 155
-15%
5 218 406
-9%
3 868 170
-26%
3 866 881
0%
3 938 089
+2%
4 061 955
+3%
5 277 792
+30%
4 307 313
-18%
4 471 420
+4%
5 813 760
+30%
6 499 246
+12%
7 571 567
+16%
7 700 366
+2%
7 681 064
0%
7 221 101
-6%
6 692 064
-7%
6 723 328
+0%
Gross Profit
Cost of Revenue
(1 981 170)
(2 347 512)
(2 612 746)
(2 656 867)
(2 726 143)
(2 692 735)
(2 729 117)
(2 760 360)
(2 749 017)
(2 798 493)
(2 857 542)
(2 948 482)
(3 105 239)
(3 139 704)
(3 252 294)
(3 410 735)
(3 494 569)
(3 468 931)
(3 532 453)
(3 441 409)
(3 209 172)
(3 261 870)
(3 233 830)
(3 205 492)
(3 197 033)
(3 666 403)
(4 130 988)
(4 768 639)
(5 126 216)
(5 558 156)
(6 013 208)
(6 613 636)
(7 074 517)
(6 984 693)
(6 997 636)
(6 973 537)
(7 010 272)
(6 701 331)
(6 487 003)
(5 836 494)
(5 552 312)
(5 397 629)
(4 971 646)
(4 974 409)
(5 025 001)
(5 445 270)
(5 752 280)
(6 194 580)
(5 994 313)
(5 969 677)
(5 813 251)
(5 918 863)
(6 611 337)
(6 904 568)
(7 590 447)
(7 716 723)
(7 372 104)
(6 920 070)
(5 904 094)
(5 098 391)
(4 753 014)
(4 101 720)
(4 088 480)
(3 972 538)
(4 058 412)
(4 892 916)
(3 979 337)
(4 221 108)
(5 777 307)
(6 390 773)
(7 431 481)
(7 533 185)
(7 453 084)
(6 993 715)
(6 566 608)
(6 565 906)
Gross Profit
791 255
N/A
1 259 561
+59%
1 307 479
+4%
1 258 641
-4%
1 190 869
-5%
1 114 333
-6%
1 117 120
+0%
1 129 960
+1%
1 105 924
-2%
1 083 423
-2%
1 044 927
-4%
1 056 799
+1%
1 136 718
+8%
1 281 246
+13%
1 157 001
-10%
1 018 479
-12%
872 904
-14%
714 146
-18%
720 887
+1%
714 781
-1%
506 087
-29%
476 302
-6%
435 080
-9%
497 083
+14%
587 303
+18%
464 155
-21%
694 428
+50%
805 046
+16%
961 367
+19%
1 030 382
+7%
962 602
-7%
606 397
-37%
310 734
-49%
497 250
+60%
320 742
-35%
495 841
+55%
874 917
+76%
963 617
+10%
882 469
-8%
765 503
-13%
516 401
-33%
468 212
-9%
663 164
+42%
848 249
+28%
1 021 252
+20%
790 712
-23%
809 392
+2%
900 128
+11%
888 840
-1%
1 147 155
+29%
1 211 353
+6%
1 131 403
-7%
1 137 096
+1%
1 278 358
+12%
1 116 400
-13%
1 015 864
-9%
959 450
-6%
1 009 313
+5%
870 901
-14%
628 764
-28%
465 392
-26%
(233 550)
N/A
(221 599)
+5%
(34 449)
+84%
3 543
N/A
384 875
+10 762%
327 976
-15%
250 312
-24%
36 454
-85%
108 473
+198%
140 086
+29%
167 181
+19%
227 981
+36%
227 386
0%
125 455
-45%
157 422
+25%
Operating Income
Operating Expenses
(16 481)
(118 557)
(84 066)
(68 055)
(62 030)
(64 964)
(175 020)
(193 362)
(121 579)
(65 495)
(68 221)
(30 636)
(109 226)
(80 248)
(27 486)
(40 792)
(53 936)
(75 473)
(118 947)
(46 186)
24 750
(84 197)
(295 163)
(362 168)
(421 281)
(97 416)
(30 564)
(39 641)
(30 387)
(103 951)
(78 231)
(109 447)
142 908
(107 357)
145 131
144 960
(113 484)
(107 882)
(114 637)
(125 917)
(129 077)
(87 469)
(110 100)
(92 837)
(98 389)
(81 047)
(81 499)
(77 626)
(77 952)
(88 821)
(92 048)
(91 820)
(83 911)
(75 578)
(73 113)
(74 947)
(86 442)
(80 957)
(85 165)
(92 394)
(92 670)
(86 739)
(88 416)
(90 842)
(101 800)
(119 560)
(88 507)
(85 181)
(116 842)
(124 773)
(134 218)
(138 344)
(140 199)
(137 942)
(127 118)
(121 501)
Selling, General & Administrative
(18 830)
(118 557)
(72 727)
(72 311)
(72 942)
(58 406)
(54 344)
(57 009)
(65 089)
(61 719)
(68 813)
(66 819)
(65 724)
(72 738)
(72 937)
(75 612)
(78 266)
(64 991)
(64 741)
(67 609)
(63 461)
(83 952)
(89 202)
(93 776)
(95 008)
(97 219)
(95 083)
(90 984)
(97 757)
(103 078)
(105 121)
(108 547)
(108 943)
(106 538)
(107 452)
(104 632)
(102 294)
(103 651)
(101 245)
(94 995)
(83 241)
(82 188)
(82 153)
(88 674)
(94 216)
(77 233)
(81 457)
(77 579)
(77 911)
(85 390)
(92 015)
(91 793)
(83 882)
(72 648)
(72 761)
(74 598)
(86 092)
(80 938)
(85 155)
(92 389)
(92 673)
(83 352)
(88 369)
(90 775)
(101 732)
(115 624)
(88 497)
(85 172)
(113 058)
(124 768)
(134 213)
(138 340)
(136 280)
(137 942)
(127 118)
(121 501)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(5 152)
0
0
0
(3 440)
0
0
0
(3 396)
0
0
0
(2 578)
0
0
0
0
0
0
0
(3 387)
0
0
0
(3 859)
0
0
(3 785)
0
0
0
(3 919)
0
0
0
Other Operating Expenses
2 349
0
(11 339)
4 256
10 913
(6 558)
(120 677)
(136 354)
(56 491)
(3 775)
593
36 183
(43 501)
(7 510)
45 451
34 821
24 330
(10 482)
(54 207)
21 423
88 211
(245)
(205 960)
(268 392)
(326 272)
(198)
64 519
51 343
67 368
(873)
26 889
(901)
251 851
(820)
252 582
249 591
(11 191)
(4 231)
(13 390)
(30 922)
(45 836)
(129)
(27 948)
(4 163)
(4 173)
(374)
(42)
(46)
(41)
(35)
(35)
(28)
(30)
(351)
(352)
(349)
(350)
(19)
(9)
(5)
3
0
(47)
(67)
(68)
(77)
(10)
(9)
0
(4)
(4)
(4)
0
0
0
0
Operating Income
774 773
N/A
1 141 004
+47%
1 223 413
+7%
1 190 586
-3%
1 128 840
-5%
1 049 369
-7%
942 099
-10%
936 596
-1%
984 343
+5%
1 017 928
+3%
976 704
-4%
1 026 162
+5%
1 027 491
+0%
1 200 998
+17%
1 129 516
-6%
977 688
-13%
818 968
-16%
638 673
-22%
601 939
-6%
668 595
+11%
530 838
-21%
392 105
-26%
139 919
-64%
134 916
-4%
166 024
+23%
366 738
+121%
663 865
+81%
765 406
+15%
930 979
+22%
926 431
0%
884 369
-5%
496 949
-44%
453 641
-9%
389 893
-14%
465 873
+19%
640 800
+38%
761 434
+19%
855 735
+12%
767 834
-10%
639 587
-17%
387 324
-39%
380 743
-2%
553 063
+45%
755 411
+37%
922 862
+22%
709 665
-23%
727 892
+3%
822 502
+13%
810 888
-1%
1 058 334
+31%
1 119 304
+6%
1 039 583
-7%
1 053 185
+1%
1 202 780
+14%
1 043 287
-13%
940 917
-10%
873 009
-7%
928 356
+6%
785 736
-15%
536 370
-32%
372 723
-31%
(320 289)
N/A
(310 015)
+3%
(125 291)
+60%
(98 256)
+22%
265 315
N/A
239 469
-10%
165 131
-31%
(80 389)
N/A
(16 300)
+80%
5 869
N/A
28 837
+391%
87 782
+204%
89 444
+2%
(1 663)
N/A
35 921
N/A
Pre-Tax Income
Interest Income Expense
(199 380)
(177 450)
(174 765)
(173 265)
(163 874)
(277 062)
(170 594)
(154 943)
(161 136)
(1 498 797)
(1 459 525)
(1 371 154)
(1 304 445)
(315 963)
(293 651)
(336 490)
(346 149)
(632 491)
(639 828)
(713 628)
(781 900)
(380 695)
(151 565)
(338 167)
(402 212)
373 274
936 050
1 460 280
1 579 777
1 321 289
667 032
232 686
545 096
903 185
632 694
874 598
418 149
(270 723)
(506 722)
(760 868)
(584 515)
277 807
428 557
900 539
905 956
292 706
344 169
360 695
400 614
363 899
353 706
215 398
238 949
325 405
367 674
359 490
298 255
280 202
402 219
446 345
462 461
476 458
403 628
198 153
356 031
292 707
323 964
319 173
465 234
520 663
431 732
294 374
323 555
228 319
213 682
195 283
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
122
0
247
0
0
0
623
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Gain/Loss on Disposition of Assets
0
0
0
0
0
462
0
0
0
(119)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
1 445
1 878
2 113
2 485
5 043
5 052
5 296
4 785
2 542
12 935
12 294
12 442
11 535
1 436
950
884
436
(144)
659
263
1 473
(1 725)
(379)
(416)
(2 122)
40 226
23 096
38 824
40 113
2 549
(67 372)
19 387
(3 313)
8 436
13 756
(784)
(842)
19 479
129 557
31 972
29 438
(1 034)
(946)
3 956
9 816
825
1 075
(2 024)
(4 451)
(14 363)
(15 007)
(21 275)
(21 553)
1 341
567
5 054
5 791
2 090
2 132
3 774
3 499
21 106
20 851
19 486
19 192
611
461
(3 105)
(2 456)
(2 383)
(2 309)
27 559
26 803
26 332
26 890
946
Pre-Tax Income
576 838
N/A
965 431
+67%
1 050 761
+9%
1 019 806
-3%
970 009
-5%
777 822
-20%
776 802
0%
786 439
+1%
825 751
+5%
(468 053)
N/A
(470 527)
-1%
(332 550)
+29%
(265 419)
+20%
886 470
N/A
836 814
-6%
642 082
-23%
473 257
-26%
6 038
-99%
(37 230)
N/A
(44 768)
-20%
(249 589)
-458%
9 685
N/A
(12 027)
N/A
(203 669)
-1 593%
(238 311)
-17%
780 238
N/A
1 623 011
+108%
2 264 510
+40%
2 550 869
+13%
2 250 268
-12%
1 484 029
-34%
749 023
-50%
995 424
+33%
1 301 513
+31%
1 112 322
-15%
1 514 613
+36%
1 178 862
-22%
604 491
-49%
390 916
-35%
(89 309)
N/A
(167 753)
-88%
657 516
N/A
981 297
+49%
1 659 906
+69%
1 838 634
+11%
1 003 196
-45%
1 073 136
+7%
1 181 172
+10%
1 207 049
+2%
1 407 870
+17%
1 458 004
+4%
1 233 706
-15%
1 270 582
+3%
1 529 525
+20%
1 411 528
-8%
1 305 460
-8%
1 177 055
-10%
1 210 648
+3%
1 190 087
-2%
986 489
-17%
838 682
-15%
177 274
-79%
114 464
-35%
92 348
-19%
276 967
+200%
558 633
+102%
563 895
+1%
481 198
-15%
382 389
-21%
501 980
+31%
435 292
-13%
350 769
-19%
438 140
+25%
344 095
-21%
238 909
-31%
232 151
-3%
Net Income
Tax Provision
(3 335)
13 908
13 908
13 908
13 908
46 532
46 532
46 532
46 532
255 269
255 269
231 522
224 765
5 544
(75 943)
(49 271)
(41 139)
(1 912)
8 059
(21 198)
(22 573)
(1 889)
(17 954)
43 511
42 579
(267 020)
(298 426)
(646 118)
(712 044)
(611 168)
(567 627)
(253 233)
(260 280)
(247 399)
(228 416)
(250 401)
(180 025)
(38 720)
(33 794)
(13 391)
(9 862)
(58 548)
(83 309)
(168 127)
(194 616)
(149 198)
(170 472)
(205 312)
(219 635)
(285 418)
(283 733)
(242 790)
(250 239)
(268 658)
(258 126)
(213 402)
(187 250)
(199 612)
(175 781)
(131 782)
(109 673)
38 913
43 710
13 777
19 608
(61 430)
(53 860)
(42 146)
(2 287)
(4 373)
(5 298)
(10 176)
(11 074)
(22 094)
(4 650)
(6 870)
Income from Continuing Operations
573 503
979 340
1 064 669
1 033 714
983 917
824 353
823 333
832 970
872 282
(212 784)
(215 258)
(101 028)
(40 653)
892 014
760 872
592 812
432 118
4 126
(29 171)
(65 966)
(272 162)
7 796
(29 981)
(160 157)
(195 731)
513 218
1 324 586
1 618 392
1 838 826
1 639 100
916 404
495 792
735 145
1 054 114
883 907
1 264 213
998 838
565 771
357 121
(102 701)
(177 616)
598 968
897 988
1 491 779
1 644 018
853 998
902 664
975 860
987 414
1 122 452
1 174 271
990 916
1 020 342
1 260 867
1 153 402
1 092 058
989 805
1 011 036
1 014 306
854 708
729 010
216 188
158 175
106 125
296 576
497 203
510 035
439 053
380 102
497 607
429 994
340 593
427 066
322 000
234 259
225 281
Income to Minority Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(3 898)
(4 505)
(5 595)
(6 970)
(8 400)
(8 478)
(9 114)
(8 597)
(9 570)
(9 449)
(8 612)
(9 037)
(9 409)
(9 277)
(8 869)
(8 551)
(5 120)
(5 112)
(61 723)
(3 241)
0
0
0
33 254
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
47 896
0
0
0
0
0
0
0
Net Income (Common)
573 503
N/A
979 340
+71%
1 064 669
+9%
1 033 714
-3%
983 917
-5%
824 353
-16%
823 333
0%
832 970
+1%
872 282
+5%
(212 784)
N/A
(215 258)
-1%
(101 028)
+53%
(40 653)
+60%
892 014
N/A
760 872
-15%
592 812
-22%
432 118
-27%
4 126
-99%
(29 171)
N/A
(65 966)
-126%
(272 162)
-313%
3 898
N/A
(34 486)
N/A
(165 752)
-381%
(202 700)
-22%
504 818
N/A
1 316 109
+161%
1 609 279
+22%
1 830 229
+14%
1 629 531
-11%
906 955
-44%
487 180
-46%
726 108
+49%
1 044 705
+44%
874 629
-16%
1 255 343
+44%
990 285
-21%
560 651
-43%
352 007
-37%
(164 426)
N/A
(180 858)
-10%
598 968
N/A
898 413
+50%
1 549 296
+72%
1 677 272
+8%
853 998
-49%
935 918
+10%
1 009 114
+8%
987 414
-2%
1 122 452
+14%
1 174 271
+5%
990 916
-16%
1 020 342
+3%
1 260 867
+24%
1 153 402
-9%
1 092 058
-5%
989 805
-9%
1 011 036
+2%
1 014 306
+0%
854 708
-16%
729 010
-15%
216 188
-70%
158 175
-27%
106 125
-33%
296 576
+179%
497 203
+68%
510 035
+3%
439 053
-14%
427 998
-3%
497 607
+16%
429 994
-14%
340 593
-21%
427 066
+25%
322 000
-25%
234 259
-27%
225 281
-4%
EPS (Diluted)
1 759.21
N/A
3 004.11
+71%
3 265.85
+9%
3 170.9
-3%
3 018.15
-5%
2 528.69
-16%
2 533.33
+0%
2 562.98
+1%
2 683.94
+5%
-654.72
N/A
-660.3
-1%
-311.81
+53%
-125.08
+60%
2 744.65
N/A
2 355.64
-14%
1 824.03
-23%
1 337.82
-27%
12.69
-99%
-90.31
N/A
-202.34
-124%
-834.85
-313%
12.25
N/A
-108.44
N/A
-521.23
-381%
-637.42
-22%
1 587.47
N/A
4 138.7
+161%
5 060.62
+22%
5 755.43
+14%
5 124.31
-11%
2 852.05
-44%
1 532.01
-46%
2 283.35
+49%
3 285.23
+44%
2 750.4
-16%
3 947.61
+44%
3 104.34
-21%
1 762.2
-43%
1 106.94
-37%
-517.06
N/A
-568.73
-10%
1 882.63
N/A
2 825.19
+50%
4 872
+72%
5 274.44
+8%
2 679.63
-49%
2 915.63
+9%
3 143.65
+8%
3 076.05
-2%
3 500.96
+14%
3 662.58
+5%
3 090.69
-16%
3 182.47
+3%
3 932.68
+24%
3 597.49
-9%
3 406.16
-5%
3 087.23
-9%
3 153.45
+2%
3 163.65
+0%
2 665.85
-16%
2 273.8
-15%
674.29
-70%
493.35
-27%
331.01
-33%
925.03
+179%
1 550.79
+68%
1 590.81
+3%
1 369.42
-14%
1 334.94
-3%
1 552.05
+16%
1 341.16
-14%
1 062.32
-21%
1 332.03
+25%
1 004.33
-25%
730.66
-27%
702.66
-4%

See Also

Summary
PPC intrinsic value, competitors valuation, and company profile.
DCF Valuation
PPC stock valuation using Discount Cash Flow valuation method.
Relative Valuation
PPC stock valuation using valuation multiples.
Wall Street Estimates
PPC price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
PPC stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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