Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Ton Dong AHSTC:GDA 61 Equity-to-Asset is 0.34 as of Jun. 2026, which is 3% above its 10-year median of 0.33. GuruFocus rates HSTC:GDA with a GF Score™ of 61/100 and a GF Value™ of ₫15,621.54 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 635 Steel companies, Ton Dong A ranks worse than 78.9% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ton Dong A's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₫4,060,921 Mil. Ton Dong A's Total Assets for the quarter that ended in Jun. 2026 was ₫11,950,046 Mil.
Therefore, Ton Dong A's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.34.
The historical rank and industry rank for Ton Dong A's Equity-to-Asset or its related term are showing as below:
HSTC:GDA'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28 Med: 0.33 Max: 0.39
Current: 0.34
During the past 4 years, the highest Equity to Asset Ratio of Ton Dong A was 0.39. The lowest was 0.28. And the median was 0.33.
HSTC:GDA's Equity-to-Asset is ranked worse than 78.9% of 635
companies
in the Steel industry
Industry Median: 0.54
vs HSTC:GDA: 0.34
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Ton Dong A Equity-to-Asset Related Terms
Ton Dong A Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Ton Dong A's Equity-to-Asset 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.
HSTC:GDA vs NUE, STLD, RS: Equity-to-Asset Comparison
For the Steel subindustry, Ton Dong A's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
Ton Dong A Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Ton Dong A's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Ton Dong A's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Ton Dong A's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 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.
Ton Dong A (HSTC:GDA) has a Equity-to-Asset of 0.34 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Ton Dong A and its competitors. This is near median its historical median of 0.33. Over the past decade, Ton Dong A's Equity-to-Asset has ranged from 0.28 to 0.39. According to the industry distribution chart, Ton Dong A ranks #501 out of 635 companies in the Steel industry, placing it in the top 78.9%.
Is Ton Dong A's Equity-to-Asset too high?
Ton Dong A's current Equity-to-Asset of 0.34 is near median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.39. The Steel industry median Equity-to-Asset is 0.54. Ton Dong A's value of 0.34 is 37% below this industry median. Based on the distribution chart, Ton Dong A ranks #501 out of 635 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Ton Dong A has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ton Dong A's Equity-to-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Ton Dong A ranks #501 out of 635 companies for Equity-to-Asset. This places Ton Dong A in the lower half of its industry. The industry median Equity-to-Asset is 0.54. Ton Dong A's value of 0.34 is 37% below this benchmark. Historically, Ton Dong A's own Equity-to-Asset has ranged from 0.28 to 0.39 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 0.54, Ton Dong A has consistently been below 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 Equity-to-Asset for a Steel company?
The median Equity-to-Asset among Steel companies is 0.54, based on 635 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ton Dong A's current Equity-to-Asset of 0.34 is 37% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Ton Dong A and its competitors. For the Steel industry, the median Equity-to-Asset is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ton Dong A's current Equity-to-Asset is 0.34, which is near median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ton Dong A stock overvalued right now?
Based on GuruFocus' analysis, Ton Dong A (HSTC:GDA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫15,621.54, compared to a current price of ₫12,300.00 — trading 21.3% below its estimated fair value. The current Equity-to-Asset is 0.34, which is near median its 10-year median of 0.33 and 37% below the Steel industry median of 0.54. Ton Dong A's overall GF Score™ is 61/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Ton Dong A (HSTC:GDA), the current Equity-to-Asset is 0.34 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 Ton Dong A (HSTC:GDA) Overvalued in 2026?
Based on GuruFocus' analysis, Ton Dong A stock appears to be undervalued.
The current stock price of ₫12,300.00 is trading 21.3% below its estimated GF Value™ of ₫15,621.54.
GuruFocus considers Ton Dong A to be Modestly Undervalued.
Key valuation signals for HSTC:GDA:
Equity-to-Asset: 0.34 (near median its 10-year median of 0.33)
GF Value™: ₫15,621.54 vs. price of ₫12,300.00 (21.3% below fair value)
Industry Position: 37% below the Steel median (#501 of 635)
No single metric tells the full story. See the HSTC:GDA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ton Dong A Corp is a company specializing in the production of cold rolled steel, zinc corrugated iron, cold corrugated iron, color corrugated iron, galvanized box steel for industrial and civil construction, transportation infrastructure, and home appliances use. The company operates in the field of manufacturing galvanized steel sheet, the main products are cold rolled steel, black corrugated iron, galvanized steel zinc corrugated iron, aluminum zinc alloy coated steel, cold corrugated iron and painted cold corrugated iron Cold corrugated iron. color cold corrugated iron.
61GF Score
Get the complete analysis for HSTC:GDA
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HSTC:GDA has been successfully added to your 
