CHP.VN
Full HouseAI neutralCentral Hydropower Joint Stock Company · Utilities · Vietnam · $159M cap · $6K/day traded
VND 25,900 +0.0% · close 6 Nov · scored 7 Nov
Full House: Strong business, sensible price, and the market agrees.
As of 7 Nov 2026, the MoatMap Score for Central Hydropower Joint Stock Company (CHP.VN) is 99/100, ranked against 25,000+ stocks in 38 markets (Quality 91, Value 65, Momentum 72, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
Central Hydropower operates run-of-river and reservoir hydropower facilities in Central Vietnam, benefiting from regulated off-take tariffs and stable domestic power demand. While the operational profile yields predictable cash flows during favourable hydrological cycles, the business lacks dynamic pricing power, structural reinvestment runway, or an un-copyable economic moat necessary for superior compounding.
ABOUT CENTRAL HYDROPOWER JOINT STOCK COMPANY
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Central Hydropower Joint Stock Company produces, transmits, and distributes electricity in Vietnam. The company invests in construction of hydropower projects, solar power plants, and wind energy facilities; and constructs electricity transmission lines, transformer stations, solar and wind power...
FINANCIAL SUMMARY (VND)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1.1T | 881.4B | 814.2B | 998.9B | -3.2% | 825.1B |
| EPS (VND) | 3,151 | 2,044 | 1,897 | 2,781 | -4.1% | 2,237 |
| Shares | 157.7M | 157.7M | 157.7M | 157.7M | +0.0% | 157.7M |
| Debt | 1.0T | 804.4B | 595.6B | 387.0B | -27.4% | 325.4B |
| Equity | 2.0T | 1.9T | 2.0T | 2.1T | 1.8% | — |
| Op CF | 688.6B | 465.5B | 653.5B | 689.3B | 0.0% | 488.4B |
| Inv CF | -16.3B | -3.3B | 7.3B | -103.9B | — | — |
| Fin CF | -512.2B | -600.2B | -576.2B | -530.2B | — | — |
No clear trend: not near its 52-week low, and not in a steady uptrend.
Calmer than 98% of stocks we rank over the past year (volatility 12% a year).
How this is worked out
The MoatMap Score weighs the business, its price and its trend. The price check reads only the chart: the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Utilities, ranked by industry match, size, and score similarity. Cross-listings of CHP.VN are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| CHP.VN | Central Hydropower Joint Stock Company(you) | $159M | 99 |
| NT2.VN | PetroVietnam Power Nhon Trach 2 Joint Stock Company | $253M | 99 |
| VSH.VN | Vinh Son - Song Hinh Hydropower Joint Stock Company | $375M | 98 |
| PPC.VN | Pha Lai Thermal Power Joint Stock Company | $109M | 85 |
| GEG.VN | Gia Lai Electricity Joint Stock Company | $171M | 64 |
| POW.VN | PetroVietnam Power Corporation - JSC | $1.5B | 84 |
| TDM.VN | Thu Dau Mot Water Joint Stock Company | $281M | 32 |
Peer medians: ROE 12.1% · P/E 11.9x · Gross margin 21.6%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.