Quang Ninh Thermal power JSC (HSTC:QTP) Debt-to-Equity: 0.00 (As of Jun. 2026)

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HSTC:QTP Quang Ninh Thermal power JSC HSTC:QTP
67 GF Score
Price ₫11,100.00
GF Value ₫13,597.78
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Quang Ninh Thermal power JSC Debt-to-Equity?

Quang Ninh Thermal power JSC HSTC:QTP -0.89% 67 Debt-to-Equity is 0.00 as of Jun. 2026. GuruFocus rates HSTC:QTP with a GF Score™ of 67/100 and a GF Value™ of ₫13,597.78 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 395 Utilities - Independent Power Producers companies, Quang Ninh Thermal power JSC ranks better than 97.47% on this metric.

Quang Ninh Thermal power JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₫0 Mil. Quang Ninh Thermal power JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₫0 Mil. Quang Ninh Thermal power JSC's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₫5,909,188 Mil. Quang Ninh Thermal power JSC's debt to equity for the quarter that ended in Jun. 2026 was 0.00.

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 Quang Ninh Thermal power JSC's Debt-to-Equity or its related term are showing as below:

HSTC:QTP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.06   Max: 0.3
Current: 0.02

During the past 5 years, the highest Debt-to-Equity Ratio of Quang Ninh Thermal power JSC was 0.30. The lowest was 0.02. And the median was 0.06.

HSTC:QTP's Debt-to-Equity is ranked better than
97.47% of 395 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.84 vs HSTC:QTP: 0.02

Quang Ninh Thermal power JSC  (HSTC:QTP) 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.


Quang Ninh Thermal power JSC Debt-to-Equity Related Terms


Quang Ninh Thermal power JSC Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Quang Ninh Thermal power 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.

Quang Ninh Thermal power JSC Debt-to-Equity Chart

Quang Ninh Thermal power JSC Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
N/A 0.18 0.06 0.04 0.00

Quang Ninh Thermal power 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 0.02 0.02 0.00 0.00 0.00

Quang Ninh Thermal power JSC Debt-to-Equity Competitor Comparison

For the Utilities - Renewable subindustry, Quang Ninh Thermal power 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.


Quang Ninh Thermal power JSC Debt-to-Equity vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Quang Ninh Thermal power JSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Quang Ninh Thermal power JSC's Debt-to-Equity falls into.


HSTC:QTP
67GF Score
Quang Ninh Thermal power JSC HSTC:QTP
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quang Ninh Thermal power JSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Quang Ninh Thermal power JSC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quang Ninh Thermal power JSC's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* 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 0.00 mean?
Quang Ninh Thermal power JSC (HSTC:QTP) has a Debt-to-Equity of 0.00 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Quang Ninh Thermal power JSC and its competitors. Over the past decade, Quang Ninh Thermal power JSC's Debt-to-Equity has ranged from 0.02 to 0.30. According to the industry distribution chart, Quang Ninh Thermal power JSC ranks #10 out of 395 companies in the Utilities - Independent Power Producers industry, placing it in the top 2.5%.
Is Quang Ninh Thermal power JSC's Debt-to-Equity too high?
Quang Ninh Thermal power JSC's current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.30. Based on the distribution chart, Quang Ninh Thermal power JSC ranks #10 out of 395 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Quang Ninh Thermal power JSC has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Quang Ninh Thermal power JSC's Debt-to-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Quang Ninh Thermal power JSC ranks #10 out of 395 companies for Debt-to-Equity. This places Quang Ninh Thermal power JSC in the top 3% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.84. Historically, Quang Ninh Thermal power JSC's own Debt-to-Equity has ranged from 0.02 to 0.30 over the past decade. 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 an Utilities - Independent Power Producers company?
The median Debt-to-Equity among Utilities - Independent Power Producers companies is 0.84, based on 395 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. 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 Quang Ninh Thermal power JSC and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quang Ninh Thermal power JSC's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quang Ninh Thermal power JSC stock overvalued right now?
Based on GuruFocus' analysis, Quang Ninh Thermal power JSC (HSTC:QTP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫13,597.78, compared to a current price of ₫11,100.00 — trading 18.4% below its estimated fair value. The current Debt-to-Equity is 0.00. Quang Ninh Thermal power JSC's overall GF Score™ is 67/100 with 1 warning sign 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 Quang Ninh Thermal power JSC (HSTC:QTP), the current Debt-to-Equity is 0.00 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 Quang Ninh Thermal power JSC (HSTC:QTP) Overvalued in 2026?

Based on GuruFocus' analysis, Quang Ninh Thermal power JSC stock appears to be undervalued. The current stock price of ₫11,100.00 is trading 18.4% below its estimated GF Value™ of ₫13,597.78. GuruFocus considers Quang Ninh Thermal power JSC to be Modestly Undervalued.

Key valuation signals for HSTC:QTP:

  • Debt-to-Equity: 0.00
  • GF Value™: ₫13,597.78 vs. price of ₫11,100.00 (18.4% below fair value)
  • GF Score™: 67/100 with 1 warning sign

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


Quang Ninh Thermal power JSC Business Description

Address Group 33 Area 5, Ha Khanh Ward, Quang Ninh Province, Ha Long City, VNM
Quang Ninh Thermal power JSC is engaged in the generation, transmission, and distribution of electricity.
67GF Score

Get the complete analysis for HSTC:QTP

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

₫11,100.00
Price
₫13,597.78
GF Value