Vinacomin - Minerals Holding (HSTC:KSV) Operating Income: ₫3,331,697 Mil (TTM As of Mar. 2026)


HSTC:KSV Vinacomin - Minerals Holding Corp HSTC:KSV
78 GF Score
Price ₫156,000.00
GF Value ₫72,115.20
Valuation Significantly Overvalued
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What is Vinacomin - Minerals Holding Operating Income?

Vinacomin - Minerals Holding HSTC:KSV +0.26% 78 Operating Income is ₫3,331,697 Mil as of Mar. 2026. GuruFocus rates HSTC:KSV with a GF Score™ of 78/100 and a GF Value™ of ₫72,115.20 (Significantly Overvalued).

Vinacomin - Minerals Holding's Operating Income for the three months ended in Mar. 2026 was ₫1,151,514 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₫3,331,697 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Vinacomin - Minerals Holding's Operating Income for the three months ended in Mar. 2026 was ₫1,151,514 Mil. Vinacomin - Minerals Holding's Revenue for the three months ended in Mar. 2026 was ₫5,233,234 Mil. Therefore, Vinacomin - Minerals Holding's Operating Margin % for the quarter that ended in Mar. 2026 was 22.00%.

Good Sign:

Vinacomin - Minerals Holding Corp operating margin is expanding. Margin expansion is usually a good sign.

Vinacomin - Minerals Holding's 5-Year average Growth Rate for Operating Margin % was 12.40% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vinacomin - Minerals Holding's annualized ROC % for the quarter that ended in Mar. 2026 was 53.19%. Vinacomin - Minerals Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 79.96%.

Vinacomin - Minerals Holding  (HSTC:KSV) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Vinacomin - Minerals Holding's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=4606057.412 * ( 1 - 19.95% )/( (6929276.587 + 6935363.53)/ 2 )
=3687148.958306/6932320.0585
=53.19 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=9871121.73 - 2101375.85 - ( 840469.293 - max(0, 3520569.84 - 5788604.262+840469.293))
=6929276.587

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=11903350.572 - 2489360.947 - ( 2478626.095 - max(0, 4665083.639 - 8153768.812+2478626.095))
=6935363.53

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Vinacomin - Minerals Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4620903.724/( ( (3643984.426 + max(2720240.613, 0)) + (3227152.32 + max(1966189.684, 0)) )/ 2 )
=4620903.724/( ( 6364225.039 + 5193342.004 )/ 2 )
=4620903.724/5778783.5215
=79.96 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1797771.594 + 2820478.163 + 298738.465) - (2101375.85 + 0 + 95371.759)
=2720240.613

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2178058.985 + 3219952.212 + 173665.604) - (2489360.947 + 0 + 1116126.17)
=1966189.684

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Vinacomin - Minerals Holding's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1151514.353/5233233.934
=22.00 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.

Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.

Vinacomin - Minerals Holding Operating Income Related Terms

Vinacomin - Minerals Holding Operating Income Historical Data

* Premium members only.

The historical data trend for Vinacomin - Minerals Holding's Operating Income 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.

Vinacomin - Minerals Holding Operating Income Chart

Vinacomin - Minerals Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only 1,487,594.07 635,719.85 663,634.22 1,881,786.34 2,659,869.83

Vinacomin - Minerals Holding Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income 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 Premium Member Only 456,398.02 615,459.16 791,150.36 773,573.39 1,151,514.35
HSTC:KSV
78GF Score
Vinacomin - Minerals Holding Corp HSTC:KSV
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Vinacomin - Minerals Holding Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₫3,331,697 Mil.

* 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 Operating Income →
What does a Operating Income of ₫3,331,697 Mil mean?
Vinacomin - Minerals Holding (HSTC:KSV) has a Operating Income of ₫3,331,697 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Vinacomin - Minerals Holding and its competitors.
Is Vinacomin - Minerals Holding's Operating Income too high?
Vinacomin - Minerals Holding's current Operating Income is ₫3,331,697 Mil. Overall, Vinacomin - Minerals Holding has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vinacomin - Minerals Holding's Operating Income compare to HON and MMM?
Vinacomin - Minerals Holding's Operating Income of ₫3,331,697 Mil can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Conglomerates company?
A good Operating Income depends on the Conglomerates industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Vinacomin - Minerals Holding and its competitors. Vinacomin - Minerals Holding's current Operating Income is ₫3,331,697 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinacomin - Minerals Holding stock overvalued right now?
Based on GuruFocus' analysis, Vinacomin - Minerals Holding (HSTC:KSV) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫72,115.20, compared to a current price of ₫156,000.00 — trading 116.3% above its estimated fair value. The current Operating Income is ₫3,331,697 Mil. Vinacomin - Minerals Holding's overall GF Score™ is 78/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Vinacomin - Minerals Holding (HSTC:KSV), the current Operating Income is ₫3,331,697 Mil 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 Vinacomin - Minerals Holding (HSTC:KSV) Overvalued in 2026?

Based on GuruFocus' analysis, Vinacomin - Minerals Holding stock appears to be overvalued. The current stock price of ₫156,000.00 is trading 116.3% above its estimated GF Value™ of ₫72,115.20. GuruFocus considers Vinacomin - Minerals Holding to be Significantly Overvalued.

Key valuation signals for HSTC:KSV:

  • Operating Income: ₫3,331,697 Mil
  • GF Value™: ₫72,115.20 vs. price of ₫156,000.00 (116.3% above fair value)
  • GF Score™: 78/100

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

Vinacomin - Minerals Holding Business Description

Address 193 Nguyen Huy Tuong Street, Thanh Xuan Trung Ward, Thanh Xuan District, Hanoi, VNM
Vinacomin - Minerals Holding Corp is engaged in producing non-ferrous metals, precious metals, iron, steel, and cast iron. The company is also engaged in the manufacturing of metal structures; Forging, pressing and rolling metal, producing fertilizers and nitrogen compounds. Geographically, the company operates in single domestic segment that is Vietnam.
78GF Score

Get the complete analysis for HSTC:KSV

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

₫156,000.00
Price
₫72,115.20
GF Value