Quang Ninh Thermal power JSCHSTC:QTP +2.61%64 Gross Margin % is 9.23% as of Mar. 2026, which is 11% below its 10-year median of 10.38. GuruFocus rates HSTC:QTP with a GF Score™ of 64/100 and a GF Value™ of ₫13,187.19 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 403 Utilities - Independent Power Producers companies, Quang Ninh Thermal power JSC ranks worse than 77.67% on this metric.
HSTC:QTP's Gross Margin % is ranked worse than 77.67% of 403
companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.35
vs HSTC:QTP: 14.50
Quang Ninh Thermal power JSC had a gross margin of 9.23% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Quang Ninh Thermal power JSC (HSTC:QTP) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Quang Ninh Thermal power JSC had a gross margin of 9.23% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Quang Ninh Thermal power JSC Gross Margin % Related Terms
Quang Ninh Thermal power JSC Gross Margin % Historical Data
* 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 Gross Margin % Competitor Comparison
For the Utilities - Renewable subindustry, Quang Ninh Thermal power JSC's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Quang Ninh Thermal power JSC's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Quang Ninh Thermal power JSC's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Quang Ninh Thermal power JSC (HSTC:QTP) has a Gross Margin % of 9.23% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Quang Ninh Thermal power JSC and its competitors. This is 11% below median its historical median of 10.38. Over the past decade, Quang Ninh Thermal power JSC's Gross Margin % has ranged from 6.78 to 14.50. According to the industry distribution chart, Quang Ninh Thermal power JSC ranks #313 out of 403 companies in the Utilities - Independent Power Producers industry, placing it in the top 77.7%.
Is Quang Ninh Thermal power JSC's Gross Margin % too high?
Quang Ninh Thermal power JSC's current Gross Margin % of 9.23% is 11% below median its 10-year median of 10.38. Over the past 10 years, this metric has ranged from a low of 6.78 to a high of 14.50. The Utilities - Independent Power Producers industry median Gross Margin % is 31.35. Quang Ninh Thermal power JSC's value of 9.23% is 70.6% below this industry median. Based on the distribution chart, Quang Ninh Thermal power JSC ranks #313 out of 403 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Quang Ninh Thermal power JSC has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Quang Ninh Thermal power JSC's Gross Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Quang Ninh Thermal power JSC ranks #313 out of 403 companies for Gross Margin %. This places Quang Ninh Thermal power JSC in the lower half of its industry. The industry median Gross Margin % is 31.35. Quang Ninh Thermal power JSC's value of 9.23% is 70.6% below this benchmark. Historically, Quang Ninh Thermal power JSC's own Gross Margin % has ranged from 6.78 to 14.50 over the past decade. While the company's 10-year median is 10.38 vs. the industry median of 31.35, Quang Ninh Thermal power JSC 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 Gross Margin % for an Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.35, based on 403 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Quang Ninh Thermal power JSC's current Gross Margin % of 9.23% is 70.6% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Quang Ninh Thermal power JSC and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quang Ninh Thermal power JSC's current Gross Margin % is 9.23%, which is 11% below median its own 10-year median of 10.38. 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 ₫13,187.19, compared to a current price of ₫11,800.00 — trading 10.5% below its estimated fair value. The current Gross Margin % is 9.23%, which is 11% below median its 10-year median of 10.38 and 70.6% below the Utilities - Independent Power Producers industry median of 31.35. Quang Ninh Thermal power JSC's overall GF Score™ is 64/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Quang Ninh Thermal power JSC (HSTC:QTP), the current Gross Margin % is 9.23% as of Mar. 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 ₫11,800.00 is trading 10.5% below its estimated GF Value™ of ₫13,187.19.
GuruFocus considers Quang Ninh Thermal power JSC to be Modestly Undervalued.
Key valuation signals for HSTC:QTP:
Gross Margin %: 9.23% (11% below median its 10-year median of 10.38)
GF Value™: ₫13,187.19 vs. price of ₫11,800.00 (10.5% below fair value)
Industry Position: 70.6% below the Utilities - Independent Power Producers median (#313 of 403)
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.
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