Song Da (HSTC:SJG) Debt-to-Equity: 0.69 (As of Jun. 2026) — 36% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:SJG Song Da Corp HSTC:SJG
72 GF Score
Price ₫20,600.00
GF Value ₫19,572.73
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Song Da Debt-to-Equity?

Song Da HSTC:SJG -10.04% 72 Debt-to-Equity is 0.69 as of Jun. 2026, which is 36% below its 10-year median of 1.08. GuruFocus rates HSTC:SJG with a GF Score™ of 72/100 and a GF Value™ of ₫19,572.73 (Fairly Valued). The stock has 2 warning signs investors should review. Among 504 Conglomerates companies, Song Da ranks worse than 57.54% on this metric.

Song Da's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₫2,902,473 Mil. Song Da's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₫2,983,005 Mil. Song Da's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₫8,486,067 Mil. Song Da's debt to equity for the quarter that ended in Jun. 2026 was 0.69.

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 Song Da's Debt-to-Equity or its related term are showing as below:

HSTC:SJG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.69   Med: 1.08   Max: 2.49
Current: 0.69

During the past 6 years, the highest Debt-to-Equity Ratio of Song Da was 2.49. The lowest was 0.69. And the median was 1.08.

HSTC:SJG's Debt-to-Equity is ranked worse than
57.54% of 504 companies
in the Conglomerates industry
Industry Median: 0.52 vs HSTC:SJG: 0.69

Song Da  (HSTC:SJG) 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.


Song Da Debt-to-Equity Related Terms


Song Da Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Song Da'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.

Song Da Debt-to-Equity Chart

Song Da Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 2.05 N/A 1.13 1.01 0.81

Song Da Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.11 1.01 0.90 0.81 0.69

HSTC:SJG vs MMM, HON: Debt-to-Equity Comparison

For the Conglomerates subindustry, Song Da'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.


Song Da Debt-to-Equity vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Song Da's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Song Da's Debt-to-Equity falls into.


HSTC:SJG
72GF Score
Song Da Corp HSTC:SJG
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Song Da Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Song Da's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Song Da'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 0.69 mean?
Song Da (HSTC:SJG) has a Debt-to-Equity of 0.69 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Song Da and its competitors. This is 36% below median its historical median of 1.08. Over the past decade, Song Da's Debt-to-Equity has ranged from 0.69 to 2.49. According to the industry distribution chart, Song Da ranks #290 out of 504 companies in the Conglomerates industry, placing it in the top 57.5%.
Is Song Da's Debt-to-Equity too high?
Song Da's current Debt-to-Equity of 0.69 is 36% below median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 2.49. The Conglomerates industry median Debt-to-Equity is 0.52. Song Da's value of 0.69 is 32.7% above this industry median. Based on the distribution chart, Song Da ranks #290 out of 504 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Song Da has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Song Da's Debt-to-Equity compare to MMM and HON?
According to the Conglomerates industry distribution chart, Song Da ranks #290 out of 504 companies for Debt-to-Equity. This places Song Da in the lower half of its industry. The industry median Debt-to-Equity is 0.52. Song Da's value of 0.69 is 32.7% above this benchmark. Historically, Song Da's own Debt-to-Equity has ranged from 0.69 to 2.49 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 0.52, Song Da 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 Conglomerates company?
The median Debt-to-Equity among Conglomerates companies is 0.52, based on 504 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. Song Da's current Debt-to-Equity of 0.69 is 32.7% 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 Song Da and its competitors. For the Conglomerates industry, the median Debt-to-Equity is 0.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Song Da's current Debt-to-Equity is 0.69, which is 36% below median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Da stock overvalued right now?
Based on GuruFocus' analysis, Song Da (HSTC:SJG) is currently considered Fairly Valued. The stock's GF Value™ is ₫19,572.73, compared to a current price of ₫20,600.00 — trading 5.2% above its estimated fair value. The current Debt-to-Equity is 0.69, which is 36% below median its 10-year median of 1.08 and 32.7% above the Conglomerates industry median of 0.52. Song Da's overall GF Score™ is 72/100 with 2 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 Song Da (HSTC:SJG), the current Debt-to-Equity is 0.69 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 Song Da (HSTC:SJG) Overvalued in 2026?

Based on GuruFocus' analysis, Song Da stock appears to be overvalued. The current stock price of ₫20,600.00 is trading 5.2% above its estimated GF Value™ of ₫19,572.73. GuruFocus considers Song Da to be Fairly Valued.

Key valuation signals for HSTC:SJG:

  • Debt-to-Equity: 0.69 (36% below median its 10-year median of 1.08)
  • GF Value™: ₫19,572.73 vs. price of ₫20,600.00 (5.2% above fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 32.7% above the Conglomerates median (#290 of 504)

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


Song Da Business Description

Address No. 493 Nguyen Trai street, G10 building, Thanh Xuan Nam ward, Thanh Nam district, Hanoi, VNM
Song Da Corp is engaged in business include: production and trading of electricity, construction, installation and trading of real estate. It also includes activities such as General contractor for construction (EPC general contractor) and construction and installation of traffic, industrial, civil, electricity, irrigation, complex underground works; Construction and foundation treatment of works; Construction of houses of all kinds; Trading in commercial electricity; Manufacturing and trading in equipment, Construction materials; Manufacture and install industrial equipment and machinery; Investment, development and business in urban areas, industrial parks and economic zones; Renting office. The company's segments include: Industrial production Construction installation and Others.
72GF Score

Get the complete analysis for HSTC:SJG

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

₫20,600.00
Price
₫19,572.73
GF Value