Construction No.1 JSC (HSTC:CC1) Debt-to-Equity: 1.40 (As of Jun. 2026) — 22% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HSTC:CC1 Construction Corp No.1 JSC HSTC:CC1
74 GF Score
Price ₫38,000.00
GF Value ₫30,369.53
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Construction No.1 JSC Debt-to-Equity?

Construction No.1 JSC HSTC:CC1 74 Debt-to-Equity is 1.40 as of Jun. 2026, which is 22% below its 10-year median of 1.80. GuruFocus rates HSTC:CC1 with a GF Score™ of 74/100 and a GF Value™ of ₫30,369.53 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,614 Construction companies, Construction No.1 JSC ranks worse than 83.89% on this metric.

Construction No.1 JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₫4,684,681 Mil. Construction No.1 JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₫1,612,197 Mil. Construction No.1 JSC's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₫4,493,674 Mil. Construction No.1 JSC's debt to equity for the quarter that ended in Jun. 2026 was 1.40.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Construction No.1 JSC's Debt-to-Equity or its related term are showing as below:

HSTC:CC1' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.06   Med: 1.8   Max: 3.79
Current: 1.4

During the past 7 years, the highest Debt-to-Equity Ratio of Construction No.1 JSC was 3.79. The lowest was 1.06. And the median was 1.80.

HSTC:CC1's Debt-to-Equity is ranked worse than
83.89% of 1614 companies
in the Construction industry
Industry Median: 0.4 vs HSTC:CC1: 1.40

Construction No.1 JSC  (HSTC:CC1) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Construction No.1 JSC Debt-to-Equity Related Terms


Construction No.1 JSC Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Construction No.1 JSC's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Construction No.1 JSC Debt-to-Equity Chart

Construction No.1 JSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 3.79 1.80 1.08 1.44 1.51

Construction No.1 JSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.75 1.37 1.51 1.49 1.40

HSTC:CC1 vs PWR, FIX, EME: Debt-to-Equity Comparison

For the Engineering & Construction subindustry, Construction No.1 JSC's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Construction No.1 JSC Debt-to-Equity vs Construction Industry

For the Construction industry and Industrials sector, Construction No.1 JSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Construction No.1 JSC's Debt-to-Equity falls into.


HSTC:CC1
74GF Score
Construction Corp No.1 JSC HSTC:CC1
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Construction No.1 JSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Construction No.1 JSC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(5034142.863 + 1627132.497) / 4415812.399
=1.51

Construction No.1 JSC's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(4684680.993 + 1612197.279) / 4493673.964
=1.40

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.40 mean?
Construction No.1 JSC (HSTC:CC1) has a Debt-to-Equity of 1.40 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Construction No.1 JSC and its competitors. This is 22% below median its historical median of 1.80. Over the past decade, Construction No.1 JSC's Debt-to-Equity has ranged from 1.06 to 3.79. According to the industry distribution chart, Construction No.1 JSC ranks #1354 out of 1614 companies in the Construction industry, placing it in the top 83.9%.
Is Construction No.1 JSC's Debt-to-Equity too high?
Construction No.1 JSC's current Debt-to-Equity of 1.40 is 22% below median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 3.79. The Construction industry median Debt-to-Equity is 0.40. Construction No.1 JSC's value of 1.40 is 250% above this industry median. Based on the distribution chart, Construction No.1 JSC ranks #1354 out of 1614 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Construction No.1 JSC has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Construction No.1 JSC's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Construction No.1 JSC ranks #1354 out of 1614 companies for Debt-to-Equity. This places Construction No.1 JSC in the lower half of its industry. The industry median Debt-to-Equity is 0.40. Construction No.1 JSC's value of 1.40 is 250% above this benchmark. Historically, Construction No.1 JSC's own Debt-to-Equity has ranged from 1.06 to 3.79 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 0.40, Construction No.1 JSC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,614 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Construction No.1 JSC's current Debt-to-Equity of 1.40 is 250% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Construction No.1 JSC and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Construction No.1 JSC's current Debt-to-Equity is 1.40, which is 22% below median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Construction No.1 JSC stock overvalued right now?
Based on GuruFocus' analysis, Construction No.1 JSC (HSTC:CC1) is currently considered Modestly Overvalued. The stock's GF Value™ is ₫30,369.53, compared to a current price of ₫38,000.00 — trading 25.1% above its estimated fair value. The current Debt-to-Equity is 1.40, which is 22% below median its 10-year median of 1.80 and 250% above the Construction industry median of 0.40. Construction No.1 JSC's overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Construction No.1 JSC (HSTC:CC1), the current Debt-to-Equity is 1.40 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Construction No.1 JSC (HSTC:CC1) Overvalued in 2026?

Based on GuruFocus' analysis, Construction No.1 JSC stock appears to be overvalued. The current stock price of ₫38,000.00 is trading 25.1% above its estimated GF Value™ of ₫30,369.53. GuruFocus considers Construction No.1 JSC to be Modestly Overvalued.

Key valuation signals for HSTC:CC1:

  • Debt-to-Equity: 1.40 (22% below median its 10-year median of 1.80)
  • GF Value™: ₫30,369.53 vs. price of ₫38,000.00 (25.1% above fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 250% above the Construction median (#1354 of 1614)

No single metric tells the full story. See the HSTC:CC1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Construction No.1 JSC Business Description

Address 111A Pasteur, Sai Gon Ward, Ho Chi Minh City, VNM
Construction Corp No.1 JSC is a reputable construction company in infrastructure, civil and industrial works in Vietnam.
74GF Score

Get the complete analysis for HSTC:CC1

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫38,000.00
Price
₫30,369.53
GF Value