Quang Ninh Thermal power JSC (HSTC:QTP) Net Margin %: 7.21% (As of Mar. 2026) — Near Median


HSTC:QTP Quang Ninh Thermal power JSC HSTC:QTP
64 GF Score
Price ₫11,600.00
GF Value ₫13,154.48
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Quang Ninh Thermal power JSC Net Margin %?

Quang Ninh Thermal power JSC HSTC:QTP -1.69% 64 Net Margin % is 7.21% as of Mar. 2026, which is 7% above its 10-year median of 6.74. GuruFocus rates HSTC:QTP with a GF Score™ of 64/100 and a GF Value™ of ₫13,154.48 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 421 Utilities - Independent Power Producers companies, Quang Ninh Thermal power JSC ranks better than 62.71% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Quang Ninh Thermal power JSC's Net Income for the three months ended in Mar. 2026 was ₫197,220 Mil. Quang Ninh Thermal power JSC's Revenue for the three months ended in Mar. 2026 was ₫2,733,905 Mil. Therefore, Quang Ninh Thermal power JSC's net margin for the quarter that ended in Mar. 2026 was 7.21%.

The historical rank and industry rank for Quang Ninh Thermal power JSC's Net Margin % or its related term are showing as below:

HSTC:QTP' s Net Margin % Range Over the Past 10 Years
Min: 5.07   Med: 6.74   Max: 10.14
Current: 10.14


HSTC:QTP's Net Margin % is ranked better than
62.71% of 421 companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.17 vs HSTC:QTP: 10.14

Quang Ninh Thermal power JSC  (HSTC:QTP) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Quang Ninh Thermal power JSC Net Margin % Related Terms


Quang Ninh Thermal power JSC Net Margin % Historical Data

* Premium members only.

The historical data trend for Quang Ninh Thermal power JSC's Net 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.

Quang Ninh Thermal power JSC Net Margin % Chart

Quang Ninh Thermal power JSC Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
6.74 7.34 5.07 5.20 9.75

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
Net Margin % 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 5.93 6.65 1.60 22.18 7.21

Quang Ninh Thermal power JSC Net Margin % Competitor Comparison

For the Utilities - Renewable subindustry, Quang Ninh Thermal power JSC's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Quang Ninh Thermal power JSC's Net Margin % falls into.


HSTC:QTP
64GF Score
Quang Ninh Thermal power JSC HSTC:QTP
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Quang Ninh Thermal power JSC Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Quang Ninh Thermal power JSC's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1051301.516/10785792.299
=9.75 %

Quang Ninh Thermal power JSC's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=197220.45/2733905.267
=7.21 %

* 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 Net Margin % →
What does a Net Margin % of 7.21% mean?
Quang Ninh Thermal power JSC (HSTC:QTP) has a Net Margin % of 7.21% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Quang Ninh Thermal power JSC and its competitors. This is near median its historical median of 6.74. Over the past decade, Quang Ninh Thermal power JSC's Net Margin % has ranged from 5.07 to 10.14. According to the industry distribution chart, Quang Ninh Thermal power JSC ranks #157 out of 421 companies in the Utilities - Independent Power Producers industry, placing it in the top 37.3%.
Is Quang Ninh Thermal power JSC's Net Margin % too high?
Quang Ninh Thermal power JSC's current Net Margin % of 7.21% is near median its 10-year median of 6.74. Over the past 10 years, this metric has ranged from a low of 5.07 to a high of 10.14. The Utilities - Independent Power Producers industry median Net Margin % is 6.17. Quang Ninh Thermal power JSC's value of 7.21% is 16.9% above this industry median. Based on the distribution chart, Quang Ninh Thermal power JSC ranks #157 out of 421 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. 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 Net Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Quang Ninh Thermal power JSC ranks #157 out of 421 companies for Net Margin %. This puts Quang Ninh Thermal power JSC in the upper half of its industry. The industry median Net Margin % is 6.17. Quang Ninh Thermal power JSC's value of 7.21% is 16.9% above this benchmark. Historically, Quang Ninh Thermal power JSC's own Net Margin % has ranged from 5.07 to 10.14 over the past decade. While the company's 10-year median is 6.74 vs. the industry median of 6.17, Quang Ninh Thermal 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 Net Margin % for an Utilities - Independent Power Producers company?
The median Net Margin % among Utilities - Independent Power Producers companies is 6.17, based on 421 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net 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 Net Margin % of 7.21% is 16.9% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Quang Ninh Thermal power JSC and its competitors. For the Utilities - Independent Power Producers industry, the median Net Margin % is 6.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quang Ninh Thermal power JSC's current Net Margin % is 7.21%, which is near median its own 10-year median of 6.74. 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 ₫13,154.48, compared to a current price of ₫11,600.00 — trading 11.8% below its estimated fair value. The current Net Margin % is 7.21%, which is near median its 10-year median of 6.74 and 16.9% above the Utilities - Independent Power Producers industry median of 6.17. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Quang Ninh Thermal power JSC (HSTC:QTP), the current Net Margin % is 7.21% 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 ₫11,600.00 is trading 11.8% below its estimated GF Value™ of ₫13,154.48. GuruFocus considers Quang Ninh Thermal power JSC to be Modestly Undervalued.

Key valuation signals for HSTC:QTP:

  • Net Margin %: 7.21% (near median its 10-year median of 6.74)
  • GF Value™: ₫13,154.48 vs. price of ₫11,600.00 (11.8% below fair value)
  • GF Score™: 64/100 with 2 warning signs
  • Industry Position: 16.9% above the Utilities - Independent Power Producers median (#157 of 421)

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.
64GF Score

Get the complete analysis for HSTC:QTP

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫11,600.00
Price
₫13,154.48
GF Value