HNA.VN Hua Na Hydropower JSC
- Market cap
- VND 4.94T
- P/E
- 9.0x
- P/B
- 1.35x
- ROE
- 11.4%
- Dividend yield
- 4.75%
- Fundamental score
- 2.9/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is HNA.VN undervalued?
Graham numberHNA.VN trades 26.6% below its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Hua Na Hydropower JSC fundamental analysis
15 of 22 checks passedROE 1/2
Moderate return on equity (11.4%), between 10% and 20%.
ROA 1/1
Return on assets (10.2%) is above the industry median (3.0%).
Profit Consistency 1/2
Profitable for 3 consecutive years.
Earnings Growth 5Y 0/1
Earnings per share history is shorter than 5 years.
Earnings Acceleration 0/1
Not enough positive earnings history to compare last year's growth with the 5-year average.
Earnings Growth vs Industry 1/1
Last year's EPS growth (75.2%) is above the industry median (5.6%).
Revenue Growth 0/2
Revenue did not grow over the past 3 years or is not reported.
Short-term Liquidity 1/1
Current assets cover short-term liabilities.
Long-term Liabilities 1/1
Current assets cover long-term liabilities.
Debt to Equity 2/2
Low debt to equity (8.4%), 40% or less.
Debt Trend 0/1
Debt to equity history is shorter than 5 years.
Debt Coverage 1/1
Operating cash flow covers 20% of total debt.
Interest Coverage 1/1
EBIT is 20.5x against interest expense, well covered.
PE vs Market 1/1
PE (9.0x) is below the market median (11.2x).
PE vs Industry 1/1
PE (9.0x) is below the industry median (19.7x).
PBV 1/1
Price to book (1.4x) is below the industry median (1.6x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 12.1, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 1/2
Dividend yield (4.7%) is above the bottom 25% of dividend payers in the market.
Dividend Stability 0/2
Dividends were not paid steadily for the past 5 years.
Dividend Growth 0/1
Dividends paid did not grow over the past 5 years.
Payout Ratio 1/1
Payout ratio is 49.3%, covered by earnings.
Each check is worth 1 or 2 points by how much it says about the quality of the company. The score is the share of points earned, out of 5. Ask AI to explain this score
Hua Na Hydropower JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Hua Na Hydropower JSC
Hua Na Hydropower Joint Stock Company engages in the investment, production, and trading of electricity in Vietnam. It operates two hydropower projects in Vietnam with a 2,00 megawatt capacity, as well as provides electrical engineering services. Hua Na Hydropower Joint Stock Company was founded in 2007 and is headquartered in Vinh, Vietnam. Hua Na Hydropower Joint Stock Company operates as a subsidiary of PetroVietnam Power Corporation - JSC.
Full company profileHua Na Hydropower JSC financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 2 quarters up to Jun 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Hua Na Hydropower JSC annual financial statements (VND; K = thousand, M = million, B = billion, T = trillion)
| Item | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|
| Income Statement | ||||
| Revenue | 749B | 789B | 1.15T | 890B |
| Gross Profit | 303B | 324B | 556B | 476B |
| Operating Income | 270B | 286B | 510B | 440B |
| EBITDA | 567B | 589B | 857B | 816B |
| Net Income | 237B | 272B | 476B | 418B |
| EPS | 1,005 | 1,155 | 2,023 | 1,777 |
| Balance Sheet | ||||
| Total Assets | 3.48T | 4.01T | 3.97T | 4.10T |
| Total Liabilities | 255B | 767B | 503B | 448B |
| Shareholders' Equity | 3.23T | 3.24T | 3.47T | 3.65T |
| Cash & Short-term Investments | 92.7B | 417B | 322B | 159B |
| Cash Flow | ||||
| Operating Cash Flow | 334B | 734B | 768B | 580B |
| Capital Expenditure | 16.0B | 507B | 184B | 11.2B |
| Free Cash Flow | 318B | 227B | 584B | 569B |
| Ratios | ||||
| ROE | 7.3% | 8.4% | 13.7% | 11.4% |
| ROA | 6.8% | 6.8% | 12.0% | 10.2% |
| Net Profit Margin | 31.6% | 34.4% | 41.2% | 47.0% |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
Hua Na Hydropower JSC dividends
- Dividend yield
- 4.75%
- Forward dividend
- -
- Payout ratio
- 49.3%
- Ex-dividend date
- Jan 4, 2027
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 234B | 997 | 49.3% |
| 2024 | VND 234B | 993 | 86.0% |
| 2023 | VND 351B | 1,492 | 148.4% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Who owns Hua Na Hydropower JSC
- Insiders 95.00%
- Institutions 0.00%
- Public & others 5.00%
- Shares outstanding 235M
- Free float 36.6M
Hua Na Hydropower JSC company profile
- Company name
- Hua Na Hydropower JSC
- Ticker
- HNA.VN
- ISIN
- VN000000HNA2
- Exchange
- Vietnam Stocks
- Sector
- Utilities
- Industry
- Utilities - Renewable
- Employees
- 140
- Fiscal year end
- December
- Address
- Nghe An Petroleum Building, Vinh, Vietnam
- Phone
- 84 2 383 588766
- Website
- huana.com.vn
About Hua Na Hydropower JSC
Hua Na Hydropower Joint Stock Company engages in the investment, production, and trading of electricity in Vietnam. It operates two hydropower projects in Vietnam with a 2,00 megawatt capacity, as well as provides electrical engineering services. Hua Na Hydropower Joint Stock Company was founded in 2007 and is headquartered in Vinh, Vietnam. Hua Na Hydropower Joint Stock Company operates as a subsidiary of PetroVietnam Power Corporation - JSC.
Hua Na Hydropower JSC management
5- Mr. Thanh Huy BuiMD, Chairman of Management Board & Director · born 1980
- Mr. Son Xuan NguyenDeputy MD, Member of the Management Board & Director · born 1966
- Mr. Thach Trong NguyenDeputy MD & Member of the Management Board · born 1972
- Mr. Truong Van DoanDeputy MD & Member of the Management Board · born 1979
- Ms. Thu Ha Thi TranChief Accountant · born 1983