SBH · CTCP Thủy điện Sông Ba Hạ

Báo cáo tài chính gốc theo dòng/kỳ (KQKD · Cân đối · Lưu chuyển tiền tệ).

Item	2025	2024	2023	2022	2021
Revenue	990.0	627.7	961.8	1,143.3	869.8
Revenue Deductions	—	0.0	0.0	0.0	0.0
Net Revenue	990.0	627.7	961.8	1,143.3	869.8
Cost of Goods Sold	289.5	312.9	413.1	437.3	0.0
Gross Profit	700.5	314.8	548.7	706.0	513.1
Financial Income	32.1	25.3	54.9	31.3	34.9
Financial Expenses	—	0.0	0.0	0.0	-4.7
Interest Expense	—	0.0	0.0	0.0	-4.7
Share of Associates and Joint Ventures	—	0.0	0.0	0.0	-0.0
Selling Expenses	—	0.0	0.0	0.0	-0.0
General and Administrative Expenses	57.2	47.7	55.8	55.4	-43.8
Operating Profit	675.4	292.4	547.9	681.9	499.5
Other Income	0.5	15.6	0.3	0.3	0.0
Other Expenses	—	1.6	0.3	0.0	0.0
Other Profit	0.5	14.1	0.0	0.3	0.8
Profit Before Tax	675.9	306.5	547.9	682.2	500.3
Current Income Tax Expense	135.8	32.9	60.6	39.0	-29.8
Deferred Income Tax Expense	—	0.0	0.0	0.0	0.0
Net Income	540.1	273.6	487.3	643.2	470.6
Non-controlling Interest	—	0.0	0.0	0.0	-0.0
Profit Attributable to Parent	540.1	273.6	487.3	643.2	470.6
Earnings per Share	4,348.00	2,202.00	3,923.00	5,178.00	372.00
Diluted EPS	4,348.00	2,202.00	3,922.99	5,177.79	3,788.02

Item	2025	2024	2023	2022	2021
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	1,584.6	1,078.5	1,409.3	1,412.5	956.7
I. Cash and cash equivalents	33.4	6.9	229.0	4.3	4.5
1. Cash	8.4	6.9	9.0	4.3	0.0
2. Cash equivalents	25.0	0.0	220.0	0.0	0.0
II. Short-term financial investments	872.8	761.0	585.0	858.5	0.0
1. Available for sale securities	—	0.0	0.0	0.0	0.0
2. Provision for diminution in value of available for sale securities (*)	—	0.0	0.0	0.0	0.0
3. Held to maturity investments	872.8	761.0	585.0	858.5	0.0
III. Short-term receivables	669.4	302.3	593.3	545.4	391.2
1. Short-term trade accounts receivable	651.9	292.9	571.9	532.0	0.0
2. Short-term prepayments to suppliers	1.4	1.2	4.2	1.2	0.0
3. Short-term inter-company receivables	—	0.0	0.0	0.0	0.0
4. Construction contract progress receipts due from customers	—	0.0	0.0	0.0	0.0
5. Short-term loan receivables	—	0.0	0.0	0.0	0.0
6. Other short-term receivables	16.1	8.2	17.3	12.2	0.0
7. Provision for short-term doubtful debts (*)	—	0.0	0.0	0.0	0.0
8. Assets awaiting resolution	—	0.0	0.0	0.0	0.0
IV. Inventories	8.9	7.0	2.0	4.1	3.0
1. Inventories	8.9	7.0	2.0	4.1	0.0
2. Provision for decline in value of inventories	—	0.0	0.0	0.0	0.0
V. Other short-term assets	0.1	1.2	0.0	0.2	0.0
1. Short-term prepayments	0.1	1.2	0.0	0.0	0.0
2. Value added tax to be reclaimed	—	0.0	0.0	0.0	0.0
3. Taxes and other receivables from state authorities	—	0.0	0.0	0.2	0.0
4. Government bonds	—	0.0	0.0	0.0	0.0
5. Other short-term assets	—	0.0	0.0	0.0	0.0
B. LONG-TERM ASSETS (200=210+220+240+250+260+270)	628.0	702.7	820.7	1,008.0	1,173.4
I. Long-term receivables	—	0.0	0.0	0.0	0.0
1. Long-term trade receivables	—	0.0	0.0	0.0	5.0
2. Long-term prepayments to suppliers	—	0.0	0.0	0.0	0.0
3. Capital at inter-company	—	0.0	0.0	0.0	0.0
4. Long-term inter-company receivables	—	0.0	0.0	0.0	0.0
5. Long-term loan receivables	—	0.0	0.0	0.0	0.0
6. Other long-term receivables	—	0.0	0.0	0.0	0.0
7. Provision for long-term doubtful debts	—	0.0	0.0	0.0	0.0
II. Fixed assets	603.6	680.8	772.5	962.6	1,141.2
1. Tangible fixed assets	599.3	676.4	767.7	957.3	1,136.6
- Cost	4,311.3	4,307.5	4,256.1	4,243.4	0.0
- Accumulated depreciation	-3,712.0	-3,631.0	-3,488.5	-3,286.1	0.0
2. Financial leased fixed assets	—	0.0	0.0	0.0	0.0
- Cost	—	0.0	0.0	0.0	0.0
- Accumulated depreciation	—	0.0	0.0	0.0	0.0
3. Intangible fixed assets	4.3	4.4	4.8	5.3	4.6
- Cost	7.1	6.8	6.8	6.8	0.0
- Accumulated depreciation	-2.8	-2.4	-1.9	-1.5	0.0
III. Investment properties	—	0.0	0.0	0.0	0.0
- Cost	—	0.0	0.0	0.0	0.0
- Accumulated depreciation	—	0.0	0.0	0.0	0.0
IV. Long-term assets in progress	10.8	6.7	34.9	31.7	12.0
1. Long-term production in progress	—	0.0	0.0	0.0	0.0
2. Construction in progress	10.8	6.7	34.9	31.7	0.0
V. Long-term financial investments	—	0.0	0.0	0.0	0.0
1. Investments in subsidiaries	—	0.0	0.0	0.0	0.0
2. Investments in associates, joint-ventures	—	0.0	0.0	0.0	0.0
3. Investments in other entities	—	0.0	0.0	0.0	0.0
4. Provision for diminution in value of long-term investments	—	0.0	0.0	0.0	0.0
5. Held to maturity investments	—	0.0	0.0	0.0	0.0
6. Other long-term investments	—	0.0	0.0	0.0	0.0
VI. Other long-term assets	13.7	15.2	13.3	13.7	0.0
1. Long-term prepayments	1.1	1.9	0.0	0.0	0.0
2. Deferred income tax assets	—	0.0	0.0	0.0	0.0
3. Long-term equipment, supplies, spare parts	12.5	13.3	13.3	13.7	0.0
4. Other long-term assets	—	0.0	0.0	0.0	15.3
5. Goodwill	—	0.0	0.0	0.0	0.0
VII. Goodwill (before 2015)	—	0.0	0.0	0.0	0.0
TOTAL ASSETS (280=100+200)	2,212.6	1,781.2	2,230.0	2,420.5	2,130.1
A. LIABILITIES (300=210+330)	216.3	133.1	117.6	163.0	128.9
I. Short -term liabilities	216.3	133.1	104.1	149.5	115.4
1. Short-term trade accounts payable	9.8	28.8	26.3	38.2	23.0
2. Short-term advances from customers	—	0.0	0.0	0.0	0.0
3. Taxes and other payables to state authorities	103.1	21.8	51.2	50.5	0.0
4. Payable to employees	22.6	6.0	11.2	14.6	0.0
5. Short-term acrrued expenses	2.6	0.0	0.2	1.0	0.0
6. Short-term inter-company payables	—	0.0	0.0	0.0	0.0
7. Construction contract progress payments due to suppliers	—	0.0	0.0	0.0	0.0
8. Short-term unearned revenue	—	0.0	0.0	0.0	0.0
9. Other short-term payables	74.5	70.6	9.8	38.1	0.0
10. Short-term borrowings and financial leases	—	0.0	0.0	0.0	0.0
11. Provision for short-term liabilities	—	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	3.7	5.9	5.4	7.1	0.0
13. Price stabilization fund	—	0.0	0.0	0.0	0.0
14. Government bonds	—	0.0	0.0	0.0	0.0
II. Long-term liabilities	—	0.0	13.5	13.5	13.5
1. Long-term trade payables	—	0.0	0.0	0.0	0.0
2. Long-term advances from customers	—	0.0	0.0	0.0	0.0
3. Long-term acrrued expenses	—	0.0	0.0	0.0	0.0
4. Inter-company payables on business capital	—	0.0	0.0	0.0	0.0
5. Long-term inter-company payables	—	0.0	0.0	0.0	0.0
6. Long-term unearned revenue	—	0.0	0.0	0.0	0.0
7. Other long-term liabilities	—	0.0	0.0	0.0	0.0
8. Long-term borrowings and financial leases	—	0.0	0.0	0.0	0.0
9. Convertible bonds	—	0.0	0.0	0.0	0.0
10. Preferred stock (Debts)	—	0.00	0.00	0.00	0.00
11. Deferred income tax liabilities	—	0.0	0.0	0.0	0.0
12. Provision for long-term liabilities	—	0.0	0.0	0.0	0.0
13. Fund for technology development	—	0.0	13.5	13.5	0.0
14. Provision for severance allowances	—	0.0	0.0	0.0	0.0
B. OWNER'S EQUITY (400=410+430)	1,996.3	1,648.1	2,112.4	2,257.5	2,001.3
I. Owner's equity	1,996.3	1,648.1	2,112.4	2,257.5	0.0
1. Owner's capital	1,242.2	1,242.2	1,242.2	1,242.2	2,001.3
- Common stock with voting right	1,242,250,000,000.00	1,242,250,000,000.00	1,242,250,000,000.00	1,242,250,000,000.00	1,242,250,000,000.00
- Preferred stock	—	0.00	0.00	0.00	0.00
2. Share premium	48.0	48.0	48.0	48.0	48.0
3. Convertible bond option	—	0.0	0.0	0.0	0.0
4. Other capital of owners	—	0.0	0.0	0.0	0.0
5. Treasury shares	—	0.00	0.00	0.00	0.00
6. Assets revaluation differences	—	0.0	0.0	0.0	0.0
7. Foreign exchange differences	—	0.0	0.0	0.0	0.0
8. Investment and development fund	228.1	146.2	0.0	334.7	0.0
9. Fund to support corporate restructuring	—	0.0	0.0	0.0	0.0
10. Other funds from owner's equity	—	0.0	0.0	0.0	0.0
11. Undistributed earnings after tax	478.0	211.6	822.1	632.6	470.6
- Accumulated retained earning at the end of the previous period	—	0.2	0.1	51.5	130.5
- Undistributed earnings in this period	478.0	211.4	822.0	581.1	340.1
12. Reserves for investment in construction	—	0.0	0.0	0.0	0.0
13. Minority's interest	—	0.0	0.0	0.0	0.0
14. Financial reserves	—	0.0	0.0	0.0	0.0
II. Other resources and funds	—	0.0	0.0	0.0	0.0
1. Subsidized not-for-profit funds	—	0.0	0.0	0.0	0.0
2. Funds invested in fixed assets	—	0.0	0.0	0.0	0.0
C. MINORITY'S INTEREST	—	0.0	0.0	0.0	0.0
TOTAL OWNER'S EQUITY AND LIABILITIES (440=300+400+500)	2,212.6	1,781.2	2,230.0	2,420.5	2,130.1

Item	2025	2024	2023	2022	2021
Profit Before Tax	675.9	306.5	547.9	682.2	500.3
Depreciation of Fixed Assets and Investment Property	81.3	143.1	202.8	198.8	196.2
Provision (Increase)/Reversal	—	0.0	0.0	0.0	0.0
FX Gain/Loss from Revaluation of Monetary Items	—	0.0	0.0	0.0	0.0
Gain/Loss from Investment Activities	-32.1	-25.3	-54.9	-31.5	0.0
Interest Expense	—	0.0	0.0	0.0	0.0
Gain/Loss on Disposal of Fixed Assets	—	0.0	0.0	0.0	0.0
Interest Income and Dividends	—	0.0	0.0	0.0	0.0
Amortization of Goodwill	—	0.0	0.0	0.0	0.0
Other Adjustments	—	0.0	0.0	0.0	0.0
Operating Profit Before Changes in Working Capital	725.1	424.3	695.8	849.5	665.5
Increase/(Decrease) in Receivables	-307.1	678.4	-42.5	-149.7	0.0
Increase/(Decrease) in Inventory	-1.0	-5.0	2.5	0.4	0.0
Increase/(Decrease) in Payables (Excl. Interest and CIT)	28.6	-424.2	-22.8	0.9	0.0
Increase/(Decrease) in Prepaid Expenses	1.8	-3.1	0.0	0.3	0.0
Changes in Trading Securities	—	0.0	0.0	0.0	0.0
Interest Paid	—	0.0	0.0	0.0	0.0
Corporate Income Tax Paid	-71.7	-53.6	-53.8	-41.1	0.0
Other Operating Receipts	0.1	0.0	0.0	0.0	0.0
Other Operating Payments	-7.6	-13.7	-19.8	-13.9	0.0
Net Cash Flow from Operating Activities	368.1	603.1	559.4	646.4	614.7
Payments for Fixed Assets and Other Long-term Assets	-8.2	-19.8	-21.9	-28.6	-16.9
Proceeds from Disposal of Fixed Assets and Long-term Assets	—	0.0	0.0	0.2	0.9
Loans and Purchases of Debt Instruments	-872.0	-1,027.0	-707.0	-593.1	-98.7
Receipts from Loan Repayments and Sale of Debt Instruments	700.2	851.0	980.5	292.6	290.6
Investments in Other Entities	—	0.0	0.0	0.0	0.0
Proceeds from Investments in Other Entities	—	0.0	0.0	0.0	0.0
Dividends and Interest Income Received	24.4	33.0	49.9	31.4	0.0
Increase/(Decrease) in Term Deposits	—	0.0	0.0	0.0	0.0
Acquisition of Non-controlling Interests	—	0.0	0.0	0.0	0.0
Other Investing Receipts	—	0.0	0.0	0.0	0.0
Other Investing Payments	—	0.0	0.0	0.0	0.0
Net Cash Flow from Investing Activities	-155.7	-162.8	301.5	-297.5	216.3
Proceeds from Equity Issuance and Capital Contributions	—	0.00	0.00	0.00	0.00
Share Repurchases	—	0.00	0.00	0.00	0.00
Proceeds from Borrowings	—	0.0	0.0	0.0	200.0
Repayment of Borrowings	—	0.0	0.0	0.0	-248.2
Repayment of Finance Leases	—	0.0	0.0	0.0	0.0
Dividends Paid	-186.0	-662.3	-636.2	-349.0	-804.4
Other Financing Receipts	—	0.0	0.0	0.0	0.0
Other Financing Payments	—	0.0	0.0	0.0	0.0
Net Cash Flow from Financing Activities	-186.0	-662.3	-636.2	-349.0	-852.5
Net Cash Flow During the Period	26.4	-222.0	224.6	-0.1	-24.0
Cash and Cash Equivalents at Beginning of Period	6.9	229.0	4.3	4.5	26.0
FX Difference from Revaluation	—	0.0	0.0	0.0	0.0
Cash and Cash Equivalents at End of Period	33.4	6.9	229.0	4.3	4.5

Item	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	57.6	116.0	472.4	323.1	90.6	103.8	246.7	241.0	57.0	83.0	383.1	335.5
Revenue Deductions	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Net Revenue	57.6	116.0	472.4	323.1	90.6	103.8	246.7	241.0	57.0	83.0	383.1	335.5
Cost of Goods Sold	35.7	35.9	110.4	87.9	48.8	36.0	77.4	99.7	73.5	64.3	133.8	96.7
Gross Profit	21.9	80.1	362.0	235.2	41.9	67.8	169.3	141.2	-16.5	18.7	249.3	238.7
Financial Income	12.9	10.1	6.2	11.3	8.3	6.3	5.9	5.6	5.8	8.0	10.7	15.6
Financial Expenses	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Interest Expense	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Share of Associates and Joint Ventures	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Selling Expenses	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
General and Administrative Expenses	9.1	7.6	19.6	10.7	10.8	10.6	15.4	8.8	10.8	12.5	25.0	8.9
Operating Profit	25.8	82.6	348.7	235.8	39.3	63.6	159.7	138.1	-21.4	14.1	234.9	245.5
Other Income	—	—	0.2	—	0.3	—	15.2	0.0	0.0	0.4	0.3	0.0
Other Expenses	—	—	—	—	—	—	1.5	0.0	0.0	0.0	0.3	0.0
Other Profit	—	—	0.2	—	0.3	—	13.7	0.0	-0.0	0.4	0.0	0.0
Profit Before Tax	25.8	82.6	348.8	235.8	39.7	63.6	173.3	138.1	-21.5	14.5	234.9	245.5
Current Income Tax Expense	5.5	16.5	70.0	47.2	8.0	12.9	17.5	12.8	0.0	2.4	24.7	26.1
Deferred Income Tax Expense	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Net Income	20.3	66.1	278.8	188.6	31.7	50.7	155.8	125.2	-21.5	12.1	210.2	219.4
Non-controlling Interest	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Profit Attributable to Parent	20.3	66.1	278.8	188.6	31.7	50.7	155.8	125.2	-21.5	12.1	210.2	219.4
Earnings per Share	163.00	532.00	2,244.27	1,518.00	255.22	408.00	1,254.00	0.00	-172.75	97.65	1,692.10	1,766.18
Diluted EPS	163.00	532.00	2,244.27	1,518.35	255.22	408.00	2,188.00	0.00	-172.75	97.65	1,692.10	1,766.18

Item	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	1,519.6	1,485.6	1,584.6	1,386.1	1,100.7	1,048.9	1,078.5	919.2	747.3	1,385.0	1,409.3	1,430.4
I. Cash and cash equivalents	83.2	37.6	33.4	86.1	9.4	18.2	6.9	22.7	63.0	233.2	229.0	65.5
1. Cash	3.0	7.6	8.4	5.6	9.4	8.2	6.9	7.7	8.0	6.2	9.0	25.5
2. Cash equivalents	80.2	30.0	25.0	80.5	—	10.0	0.0	15.0	55.0	227.0	220.0	40.0
II. Short-term financial investments	1,107.8	935.8	872.8	836.0	876.0	657.0	761.0	629.5	609.0	525.0	585.0	868.0
1. Available for sale securities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Provision for diminution in value of available for sale securities (*)	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
3. Held to maturity investments	1,107.8	935.8	872.8	836.0	876.0	657.0	761.0	629.5	609.0	525.0	585.0	868.0
III. Short-term receivables	313.7	502.4	669.4	454.5	205.7	365.6	302.3	263.3	70.4	624.8	593.3	494.0
1. Short-term trade accounts receivable	308.6	477.7	651.9	434.4	180.4	349.1	292.9	251.0	46.2	606.6	571.9	458.6
2. Short-term prepayments to suppliers	4.5	4.5	1.4	2.5	6.1	4.1	1.2	6.1	11.0	8.0	4.2	2.1
3. Short-term inter-company receivables	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
4. Construction contract progress receipts due from customers	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
5. Short-term loan receivables	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
6. Other short-term receivables	0.6	20.2	16.0	17.6	19.2	12.4	8.2	6.2	13.2	10.2	17.3	33.3
7. Provision for short-term doubtful debts (*)	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
8. Assets awaiting resolution	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
IV. Inventories	14.9	9.5	8.9	9.1	8.9	7.0	7.0	3.7	4.7	2.0	2.0	2.9
1. Inventories	14.9	9.5	8.9	9.1	8.9	7.0	7.0	3.7	4.7	2.0	2.0	2.9
2. Provision for decline in value of inventories	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
V. Other short-term assets	0.1	0.2	0.1	0.4	0.7	1.1	1.2	0.0	0.1	0.0	0.0	0.0
1. Short-term prepayments	0.1	0.1	0.1	0.4	0.6	0.9	1.2	0.0	0.0	0.0	0.0	0.0
2. Value added tax to be reclaimed	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
3. Taxes and other receivables from state authorities	0.0	0.1	—	—	0.0	0.2	0.0	0.0	0.1	0.0	0.0	0.0
4. Government bonds	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
5. Other short-term assets	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
B. LONG-TERM ASSETS (200=210+220+240+250+260+270)	589.9	608.2	631.1	648.0	661.5	682.0	702.7	726.8	723.8	769.2	820.7	868.0
I. Long-term receivables	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
1. Long-term trade receivables	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Long-term prepayments to suppliers	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
3. Capital at inter-company	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
4. Long-term inter-company receivables	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
5. Long-term loan receivables	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
6. Other long-term receivables	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
7. Provision for long-term doubtful debts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
II. Fixed assets	569.1	583.9	603.2	619.9	640.0	660.3	682.3	686.5	669.6	721.0	772.5	819.4
1. Tangible fixed assets	564.9	579.6	598.9	615.8	635.9	656.1	677.9	682.0	665.0	716.3	767.7	814.5
- Cost	4,317.6	4,311.3	—	—	—	—	4,308.7	4,292.7	4,256.1	4,256.1	4,256.1	4,252.0
- Accumulated depreciation	-3,752.6	-3,731.7	—	—	—	—	-3,630.8	-3,610.7	-3,591.1	-3,539.8	-3,488.5	-3,437.5
2. Financial leased fixed assets	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Cost	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
3. Intangible fixed assets	4.2	4.3	4.3	4.0	4.1	4.2	4.4	4.5	4.6	4.7	4.8	5.0
- Cost	7.1	7.1	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-2.9	-2.9	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
III. Investment properties	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Cost	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
IV. Long-term assets in progress	7.5	10.8	14.3	14.3	6.7	6.7	6.3	27.0	40.9	34.9	34.9	35.3
1. Long-term production in progress	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Construction in progress	7.5	10.8	14.3	14.3	6.7	6.7	6.3	27.0	40.9	34.9	34.9	35.3
V. Long-term financial investments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
1. Investments in subsidiaries	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Investments in associates, joint-ventures	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
3. Investments in other entities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
4. Provision for diminution in value of long-term investments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
5. Held to maturity investments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
6. Other long-term investments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
VI. Other long-term assets	13.3	13.5	13.7	13.8	14.8	15.0	14.1	13.3	13.3	13.3	13.3	13.3
1. Long-term prepayments	0.8	1.0	1.1	1.3	1.5	1.7	0.9	0.0	0.0	0.0	0.0	0.0
2. Deferred income tax assets	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
3. Long-term equipment, supplies, spare parts	12.5	12.5	12.5	12.5	13.3	13.3	13.3	13.3	13.3	13.3	13.3	13.3
4. Other long-term assets	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
5. Goodwill	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
VII. Goodwill (before 2015)	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
TOTAL ASSETS (280=100+200)	2,109.5	2,093.8	2,215.7	2,034.1	1,762.2	1,731.0	1,781.1	1,646.0	1,471.0	2,154.3	2,230.0	2,298.4
A. LIABILITIES (300=210+330)	39.2	31.4	209.6	244.7	37.3	32.2	134.9	93.4	43.7	691.2	775.6	89.0
I. Short -term liabilities	39.2	31.4	209.6	244.7	37.3	32.2	134.9	79.9	30.2	677.7	762.1	75.5
1. Short-term trade accounts payable	10.2	9.9	9.8	19.2	8.0	6.6	28.8	15.6	6.5	4.5	24.7	7.8
2. Short-term advances from customers	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
3. Dividends and profits payable	1.3	6.4	—	—	—	—	—	—	—	—	—	—
3. Taxes and other payables to state authorities	11.2	8.0	105.3	82.0	16.3	20.3	21.6	35.1	4.2	7.3	51.7	53.5
4. Payable to employees	1.7	3.7	10.9	1.3	1.3	1.2	8.5	1.4	1.6	1.6	8.9	1.3
5. Short-term acrrued expenses	0.2	0.8	5.4	12.2	—	—	0.0	18.6	0.0	0.0	0.2	0.0
6. Short-term inter-company payables	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
7. Construction contract progress payments due to suppliers	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
8. Short-term unearned revenue	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
9. Other short-term payables	1.0	0.4	74.5	125.6	5.3	1.4	70.1	1.6	3.3	662.2	671.2	1.7
10. Short-term borrowings and financial leases	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
11. Provision for short-term liabilities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	13.7	2.1	3.7	4.3	6.3	2.7	5.9	7.7	14.6	2.1	5.4	11.1
13. Price stabilization fund	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
14. Government bonds	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
II. Long-term liabilities	—	—	—	—	—	—	0.0	13.5	13.5	13.5	13.5	13.5
1. Long-term trade payables	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Long-term advances from customers	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
3. Long-term acrrued expenses	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
4. Inter-company payables on business capital	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
5. Long-term inter-company payables	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
6. Long-term unearned revenue	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
7. Other long-term liabilities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
8. Long-term borrowings and financial leases	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
9. Convertible bonds	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
10. Preferred stock (Debts)	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
11. Deferred income tax liabilities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
12. Provision for long-term liabilities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
13. Fund for technology development	—	—	—	—	—	—	0.0	13.5	13.5	13.5	13.5	13.5
14. Provision for severance allowances	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
B. OWNER'S EQUITY (400=410+430)	2,070.3	2,062.4	2,006.1	1,789.4	1,725.0	1,698.8	1,646.3	1,552.5	1,427.3	1,463.0	1,454.4	2,209.4
I. Owner's equity	2,070.3	2,062.4	2,006.1	1,789.4	1,725.0	1,698.8	1,646.3	1,552.5	1,427.3	1,463.0	1,454.4	2,209.4
1. Owner's capital	1,242.2	1,242.2	1,242.2	1,242.2	1,242.2	1,242.2	1,242.2	1,242.2	1,242.2	1,242.2	1,242.2	1,242.2
- Common stock with voting right	1,242,250,000,000.00	1,242,250,000,000.00	1,242,250,000,000.00	1,242,250,000,000.00	1,242,250,000,000.00	1,242,250,000,000.00	1,242,250,000,000.00	0.00	1,242,250,000,000.00	1,242,250,000,000.00	1,242,250,000,000.00	1,242,250,000,000.00
- Preferred stock	—	—	—	—	—	—	0.00	1,242,250,000,000.00	0.00	0.00	0.00	0.00
2. Share premium	48.0	48.0	48.0	48.0	48.0	48.0	48.0	48.0	48.0	48.0	48.0	48.0
3. Convertible bond option	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
4. Other capital of owners	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
5. Treasury shares	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
6. Assets revaluation differences	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
7. Foreign exchange differences	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
8. Investment and development fund	498.2	228.1	228.1	228.1	228.1	146.2	146.2	146.2	146.2	0.0	0.0	334.7
9. Fund to support corporate restructuring	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
10. Other funds from owner's equity	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
11. Undistributed earnings after tax	281.9	544.0	487.7	271.0	206.6	262.3	209.8	116.1	-9.2	172.8	164.1	584.4
- Accumulated retained earning at the end of the previous period	261.7	478.0	271.0	82.4	174.9	211.6	116.1	-9.2	12.3	160.6	280.7	365.0
- Undistributed earnings in this period	20.3	66.1	216.7	188.6	31.7	50.7	93.7	125.2	-21.5	12.1	-116.6	219.4
12. Reserves for investment in construction	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
13. Minority's interest	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
14. Financial reserves	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
II. Other resources and funds	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
1. Subsidized not-for-profit funds	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Funds invested in fixed assets	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
C. MINORITY'S INTEREST	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
TOTAL OWNER'S EQUITY AND LIABILITIES (440=300+400+500)	2,109.5	2,093.8	2,215.7	2,034.1	1,762.2	1,731.0	1,781.1	1,646.0	1,471.0	2,154.3	2,230.0	2,298.4

Item	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Profit Before Tax	25.8	82.6	336.9	235.8	39.7	63.6	173.3	138.1	-21.5	14.5	231.1	245.5
Depreciation of Fixed Assets and Investment Property	21.0	19.7	20.4	20.1	20.4	20.5	20.2	19.7	51.5	51.5	51.0	50.8
Provision (Increase)/Reversal	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
FX Gain/Loss from Revaluation of Monetary Items	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Gain/Loss from Investment Activities	-12.9	-10.1	-6.2	-11.3	-8.3	-6.3	-5.9	-5.9	-5.5	-8.3	-10.7	-15.6
Interest Expense	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Gain/Loss on Disposal of Fixed Assets	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Interest Income and Dividends	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Amortization of Goodwill	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Other Adjustments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Operating Profit Before Changes in Working Capital	33.9	92.1	351.0	244.6	51.7	77.7	187.7	151.8	24.5	57.7	271.5	280.7
Increase/(Decrease) in Receivables	165.3	167.0	-156.1	-257.7	170.1	-63.3	-39.2	-194.0	141.0	-38.3	-25.8	-279.0
Increase/(Decrease) in Inventory	-5.4	-0.6	0.2	0.7	-2.0	0.1	-3.4	1.0	-2.7	0.0	0.8	3.1
Increase/(Decrease) in Payables (Excl. Interest and CIT)	1.8	-58.5	21.2	46.0	4.2	-42.7	9.1	16.7	10.6	-60.5	-55.2	18.3
Increase/(Decrease) in Prepaid Expenses	0.2	0.2	0.5	0.5	0.4	0.5	-2.0	-0.0	0.0	0.0	0.0	0.0
Changes in Trading Securities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Interest Paid	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Corporate Income Tax Paid	-3.6	-81.0	-47.2	-8.0	-12.9	-3.7	-26.8	0.0	-2.0	-24.7	-26.1	-6.4
Other Operating Receipts	0.0	—	—	—	—	—	2.2	-0.4	0.4	0.0	0.0	0.0
Other Operating Payments	-0.7	-1.5	-0.6	-1.9	-1.9	-3.2	-2.3	-6.9	-1.7	-3.3	-5.7	-7.5
Net Cash Flow from Operating Activities	191.4	117.6	168.9	24.1	209.7	-34.6	125.3	-31.8	170.1	-69.2	159.5	9.2
Payments for Fixed Assets and Other Long-term Assets	-0.6	—	-8.1	-0.1	-0.0	—	-9.8	-3.6	-6.3	0.0	-3.2	-6.1
Proceeds from Disposal of Fixed Assets and Long-term Assets	—	—	—	—	—	—	-0.3	0.3	0.0	0.0	0.0	0.0
Loans and Purchases of Debt Instruments	-313.0	-215.0	-239.0	-232.0	-219.0	-182.0	-237.0	-411.0	-144.0	-235.0	-100.5	-189.5
Receipts from Loan Repayments and Sale of Debt Instruments	164.0	152.0	142.2	272.0	0.0	286.0	105.5	390.5	60.0	295.0	383.5	305.5
Investments in Other Entities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Proceeds from Investments in Other Entities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Dividends and Interest Income Received	8.9	6.7	7.4	12.6	0.5	3.9	0.8	15.1	2.2	14.8	26.5	10.6
Increase/(Decrease) in Term Deposits	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Acquisition of Non-controlling Interests	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Other Investing Receipts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Other Investing Payments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Net Cash Flow from Investing Activities	-140.7	-56.3	-97.5	52.5	-218.5	107.9	-140.9	-8.7	-88.1	74.8	306.3	120.5
Proceeds from Equity Issuance and Capital Contributions	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
Share Repurchases	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
Proceeds from Borrowings	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Repayment of Borrowings	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Repayment of Finance Leases	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Dividends Paid	-5.2	-57.0	-124.2	0.1	-0.0	-61.9	-0.2	0.2	-252.3	-1.4	-302.3	-200.8
Other Financing Receipts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Other Financing Payments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Net Cash Flow from Financing Activities	-5.2	-57.0	-124.2	0.1	-0.0	-61.9	-0.2	0.2	-252.3	-1.4	-302.3	-200.8
Net Cash Flow During the Period	45.6	4.2	-52.7	76.7	-8.8	11.3	-15.8	-40.3	-170.2	4.3	163.5	-71.1
Cash and Cash Equivalents at Beginning of Period	37.6	33.4	86.1	9.4	18.2	6.9	229.0	229.0	229.0	229.0	4.3	4.3
FX Difference from Revaluation	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Cash and Cash Equivalents at End of Period	83.2	37.6	33.4	86.1	9.4	18.2	6.9	22.7	63.0	233.2	229.0	65.5

Giải mã BCTC

Điểm nhấn trong BCTC của CTCP Thủy điện Sông Ba Hạ (SBH) mà bạn nên biết

Q2/2026 On a TTM 2026Q2 basis, SBH is improving on both revenue and margins, suggesting current growth is backed by both scale and operating efficiency — the growth momentum has held across consecutive periods.

Want to know what to do next with this momentum? Talk to an advisor

Tiếp theo: Chuỗi số liệu & so sánh ngành → Tổng quan· Bóc tách BCTC· Nhận định