Nuoc Trong Hydro Power JSC

Nuoc Trong Hydro Power JSC maintains a strong liquidity position with a current ratio of 2.73, indicating the company can cover its short-term obligations more than two and a half times over. The company holds VND 12 billion in cash and equivalents, and its operating cash flow of VND 67.6 billion supports ongoing operations without reliance on external financing [doc:HA-latest]. Profitability metrics are robust, with a return on equity (ROE) of 39.37% and a return on assets (ROA) of 36.01%. These figures significantly exceed the typical thresholds for renewable energy firms, which often range between 10-15% ROE and 5-10% ROA. The company's operating income of VND 72.6 billion and net income of VND 68.9 billion further underscore its strong earnings power [doc:HA-latest]. The company's revenue is concentrated in a single business segment, hydro-electric energy utilities, with no disclosed geographic diversification beyond Vietnam. This concentration increases exposure to local regulatory and economic conditions but aligns with the company's core operational focus [doc:HA-latest]. Growth trajectory is supported by a positive free cash flow of VND 11.8 billion and a capital expenditure of VND -175.5 million, indicating the company is generating excess cash and not currently investing heavily in new projects. While no specific growth targets are provided, the company's strong cash flow and profitability suggest a stable and potentially expanding revenue base [doc:HA-latest]. Risk factors are minimal, with no immediate liquidity or dilution flags detected. The company has no long-term debt and a debt-to-equity ratio of 0.0, indicating a conservative capital structure. The absence of dilution risk is reinforced by the low dilution score and no recent equity issuance activity [doc:HA-latest]. Recent events include the latest financial filing, which shows strong performance across all key financial metrics. No material adverse events or regulatory actions have been disclosed in the latest available data, suggesting a stable and well-managed operation [doc:HA-latest].