Bac Ha Hydropower JSC

Bac Ha Hydropower JSC ROCE

The Return on Capital Employed (ROCE) of Bac Ha Hydropower JSC (BHA.VN) as of Oct 21, 2026 is 20.52 %. In the previous year, Return on Capital Employed (ROCE) was 23.35 % — a change of -12.11% (lower).

ROCE

20.52 %

YoY

-12.11%

Last updated:

In 2025, Bac Ha Hydropower JSC's return on capital employed (ROCE) was 20.52 %, a -12.11% increase from the 23.35 % ROCE in the previous year.

The Bac Ha Hydropower JSC ROCE history

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ROCE
Date
ROCE
Jan 1, 2018
26.69 VND
Jan 1, 2019
13.54 VND
Jan 1, 2020
25.98 VND
Jan 1, 2021
20.77 VND
Jan 1, 2022
29.79 VND
Jan 1, 2023
20.76 VND
Jan 1, 2024
23.35 VND
Jan 1, 2025
20.52 VND
The Bac Ha Hydropower JSC ROCE history
YEARROCEYoY
20.52 %-12.11%
23.35 %+12.49%
20.76 %-30.34%
29.79 %+43.48%
20.77 %-20.07%
25.98 %+91.87%
13.54 %-49.27%
26.69 %-20.25%
33.46 %+25.53%
26.66 %+27.76%
20.87 %—

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Bac Ha Hydropower JSC Stock analysis

What does Bac Ha Hydropower JSC do? Bac Ha Hydropower Joint Stock Company, identified by the ticker symbol BHA.VN and the ISIN code VN000000BHA7, is a Vietnamese enterprise dedicated to the generation and distribution of electrical power. The company is headquartered in the city of Lao Cai, located within the Lao Cai province of Vietnam. Bac Ha Hydropower JSC officially entered the public market through an initial public offering on August 2, 2017, marking a significant milestone in its corporate development and financial transparency. The primary business activity of the firm centers on the operation of the Bac Ha Hydro Electric Plant, which is situated in Lao Cai, Vietnam. This facility serves as the core asset of the company, enabling it to produce hydroelectric energy that contributes to the regional and national power grid. The electricity generated by the Bac Ha Hydro Electric Plant is purchased by Vietnam Electricity, the state-owned utility responsible for the transmission and distribution of power across the country. This arrangement ensures a stable revenue stream for Bac Ha Hydropower JSC, as the generated power is integrated into the broader national network managed by the state utility. The company's focus on hydropower aligns with Vietnam's broader strategies to develop renewable energy sources and enhance energy security. By leveraging the hydroelectric resources available in the Lao Cai region, Bac Ha Hydropower JSC plays a role in supporting the country's growing demand for electricity. The company's website, http://thuydienbachalaocai.com.vn/, provides additional information for stakeholders and interested parties seeking to learn more about its operations and financial performance. As a listed entity, Bac Ha Hydropower JSC is subject to regulatory requirements and reporting standards that ensure accountability and transparency for its investors. The company's presence in the Lao Cai sector highlights its contribution to the local economy and infrastructure development in the region. Through its dedicated operations at the Bac Ha Hydro Electric Plant, the company continues to be a key player in Vietnam's hydropower industry, providing essential energy services to the nation. Bac Ha Hydropower JSC is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling Bac Ha Hydropower JSC's Return on Capital Employed (ROCE)

Bac Ha Hydropower JSC's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Bac Ha Hydropower JSC's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Bac Ha Hydropower JSC's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Bac Ha Hydropower JSC’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Bac Ha Hydropower JSC stock

Return on Capital Employed (ROCE) of Bac Ha Hydropower JSC is 20.52 % in 2025.

Return on Capital Employed (ROCE) of Bac Ha Hydropower JSC changed from 23.35 % to 20.52 %, representing a -12.11% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) Bac Ha Hydropower JSC since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s Bac Ha Hydropower JSC with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

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Profitability — Bac Ha Hydropower JSC

ROEROAROCEROICAsset TurnoverInventory TurnoverReceivables TurnoverDays Sales OutstandingDays Inventory OutstandingDays Payable OutstandingCash Conversion CycleCROICGross Profit/AssetsFixed Asset TurnoverEquity TurnoverWorking Capital TurnoverPayables TurnoverCapital IntensityReceivables/RevenueInventory/RevenueEBIT/Assets

All Key Metrics — Bac Ha Hydropower JSC