Song Ba Ha Hydro Power JSC (HSTC:SBH) Gross Margin %: 38.05% (As of Jun. 2026) — 33% Below Median

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HSTC:SBH Song Ba Ha Hydro Power JSC HSTC:SBH
40 GF Score
Price ₫38,500.00
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What is Song Ba Ha Hydro Power JSC Gross Margin %?

Song Ba Ha Hydro Power JSC HSTC:SBH 40 Gross Margin % is 38.05% as of Jun. 2026, which is 33% below its 10-year median of 57.05. GuruFocus rates HSTC:SBH with a GF Score™ of 40/100. The stock has 1 warning sign investors should review. Among 406 Utilities - Independent Power Producers companies, Song Ba Ha Hydro Power JSC ranks worse than 246305.17% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Song Ba Ha Hydro Power JSC's Gross Profit for the three months ended in Jun. 2026 was ₫21,917 Mil. Song Ba Ha Hydro Power JSC's Revenue for the three months ended in Jun. 2026 was ₫57,599 Mil. Therefore, Song Ba Ha Hydro Power JSC's Gross Margin % for the quarter that ended in Jun. 2026 was 38.05%.


The historical rank and industry rank for Song Ba Ha Hydro Power JSC's Gross Margin % or its related term are showing as below:

HSTC:SBH' s Gross Margin % Range Over the Past 10 Years
Min: 50.15   Med: 57.05   Max: 71.76
Current: 71.76


During the past 3 years, the highest Gross Margin % of Song Ba Ha Hydro Power JSC was 71.76%. The lowest was 50.15%. And the median was 57.05%.

HSTC:SBH's Gross Margin % is not ranked
in the Utilities - Independent Power Producers industry.
Industry Median: 31.32 vs HSTC:SBH: 71.76

Song Ba Ha Hydro Power JSC had a gross margin of 38.05% for the quarter that ended in Jun. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Song Ba Ha Hydro Power JSC was 0.00% per year.


Song Ba Ha Hydro Power JSC  (HSTC:SBH) 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

Song Ba Ha Hydro Power JSC had a gross margin of 38.05% for the quarter that ended in Jun. 2026 => Competition eroding margins


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.


Song Ba Ha Hydro Power JSC Gross Margin % Related Terms


Song Ba Ha Hydro Power JSC Gross Margin % Historical Data

* Premium members only.

The historical data trend for Song Ba Ha Hydro Power JSC's Gross Margin % 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 Ba Ha Hydro Power JSC Gross Margin % Chart

Song Ba Ha Hydro Power JSC Annual Data
Trend Dec23 Dec24 Dec25
Gross Margin %
57.05 50.15 70.76

Song Ba Ha Hydro Power JSC Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 46.20 72.78 76.63 69.04 38.05

Song Ba Ha Hydro Power JSC Gross Margin % Competitor Comparison

For the Utilities - Renewable subindustry, Song Ba Ha Hydro 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.


Song Ba Ha Hydro Power JSC Gross Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Song Ba Ha Hydro Power JSC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Song Ba Ha Hydro Power JSC's Gross Margin % falls into.


HSTC:SBH
40GF Score
Song Ba Ha Hydro Power JSC HSTC:SBH
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Song Ba Ha Hydro Power JSC Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Song Ba Ha Hydro Power JSC's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=700490.3 / 989975.571
=(Revenue - Cost of Goods Sold) / Revenue
=(989975.571 - 289485.245) / 989975.571
=70.76 %

Song Ba Ha Hydro Power JSC's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=21916.7 / 57598.553
=(Revenue - Cost of Goods Sold) / Revenue
=(57598.553 - 35681.869) / 57598.553
=38.05 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 38.05% mean?
Song Ba Ha Hydro Power JSC (HSTC:SBH) has a Gross Margin % of 38.05% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Song Ba Ha Hydro Power JSC and its competitors. This is 33% below median its historical median of 57.05. Over the past decade, Song Ba Ha Hydro Power JSC's Gross Margin % has ranged from 50.15 to 71.76. According to the industry distribution chart, Song Ba Ha Hydro Power JSC ranks #999999 out of 406 companies in the Utilities - Independent Power Producers industry.
Is Song Ba Ha Hydro Power JSC's Gross Margin % too high?
Song Ba Ha Hydro Power JSC's current Gross Margin % of 38.05% is 33% below median its 10-year median of 57.05. Over the past 10 years, this metric has ranged from a low of 50.15 to a high of 71.76. The Utilities - Independent Power Producers industry median Gross Margin % is 31.32. Song Ba Ha Hydro Power JSC's value of 38.05% is 21.5% above this industry median. Based on the distribution chart, Song Ba Ha Hydro Power JSC ranks #999999 out of 406 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Song Ba Ha Hydro Power JSC has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Song Ba Ha Hydro Power JSC's Gross Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Song Ba Ha Hydro Power JSC ranks #999999 out of 406 companies for Gross Margin %. This places Song Ba Ha Hydro Power JSC in the lower half of its industry. The industry median Gross Margin % is 31.32. Song Ba Ha Hydro Power JSC's value of 38.05% is 21.5% above this benchmark. Historically, Song Ba Ha Hydro Power JSC's own Gross Margin % has ranged from 50.15 to 71.76 over the past decade. While the company's 10-year median is 57.05 vs. the industry median of 31.32, Song Ba Ha Hydro Power 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 Gross Margin % for an Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.32, based on 406 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. Song Ba Ha Hydro Power JSC's current Gross Margin % of 38.05% is 21.5% 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 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 Song Ba Ha Hydro Power JSC and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Song Ba Ha Hydro Power JSC's current Gross Margin % is 38.05%, which is 33% below median its own 10-year median of 57.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Ba Ha Hydro Power JSC stock overvalued right now?
Song Ba Ha Hydro Power JSC (HSTC:SBH) has a current Gross Margin % of 38.05%. The current Gross Margin % is 38.05%, which is 33% below median its 10-year median of 57.05 and 21.5% above the Utilities - Independent Power Producers industry median of 31.32. Song Ba Ha Hydro Power JSC's overall GF Score™ is 40/100 with 1 warning sign 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 Song Ba Ha Hydro Power JSC (HSTC:SBH), the current Gross Margin % is 38.05% 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.

Song Ba Ha Hydro Power JSC Business Description

Address 498 Hung Vuong Avenue, Tuy Hoa Ward, Dak Lak Province, Tuy Hoa, VNM
Song Ba Ha Hydro Power JSC is a Vietnam-based company mainly focused on electricity production and trading. It operates the Song Ba Ha Hydropower Plant with a design capacity of 220 MW and an average annual electricity output of approximately 601.7 million kWh, located on the Ba River, within the administrative boundaries of Song Hinh district (Phu Yen province) and Krong Ba district (Gia Lai province). Additionally, the company focuses on investment and management of power generation projects, and provides services for the operation, repair, and maintenance of power infrastructure.
40GF Score

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