Song Da (HSTC:SJG) Operating Margin %: 12.50% (As of Mar. 2026) — 16% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
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.

HSTC:SJG Song Da Corp HSTC:SJG
72 GF Score
Price ₫24,000.00
GF Value ₫20,274.99
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Song Da Operating Margin %?

Song Da HSTC:SJG 72 Operating Margin % is 12.50% as of Mar. 2026, which is 16% below its 10-year median of 14.90. GuruFocus rates HSTC:SJG with a GF Score™ of 72/100 and a GF Value™ of ₫20,274.99 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 550 Conglomerates companies, Song Da ranks better than 83.45% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Song Da's Operating Income for the three months ended in Mar. 2026 was ₫156,253 Mil. Song Da's Revenue for the three months ended in Mar. 2026 was ₫1,250,230 Mil. Therefore, Song Da's Operating Margin % for the quarter that ended in Mar. 2026 was 12.50%.

The historical rank and industry rank for Song Da's Operating Margin % or its related term are showing as below:

HSTC:SJG' s Operating Margin % Range Over the Past 10 Years
Min: -12.66   Med: 14.9   Max: 18.09
Current: 16.1


HSTC:SJG's Operating Margin % is ranked better than
83.45% of 550 companies
in the Conglomerates industry
Industry Median: 5.82 vs HSTC:SJG: 16.10

Song Da's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Song Da's Operating Income for the three months ended in Mar. 2026 was ₫156,253 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₫1,059,950 Mil.


Song Da  (HSTC:SJG) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

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 (Diluted) 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.


Song Da Operating Margin % Related Terms


Song Da Operating Margin % Historical Data

* Premium members only.

The historical data trend for Song Da's Operating 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 Da Operating Margin % Chart

Song Da Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial 18.09 -12.66 13.85 15.24 14.63

Song Da Quarterly Data
Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating 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 Premium Member Only 4.85 9.19 25.56 15.09 12.50

HSTC:SJG vs HON, MMM: Operating Margin % Comparison

For the Conglomerates subindustry, Song Da's Operating Margin %, along with its competitors' market caps and Operating 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 Da Operating Margin % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Song Da's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Song Da's Operating Margin % falls into.


HSTC:SJG
72GF Score
Song Da Corp HSTC:SJG
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Song Da Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Song Da's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=968510.411 / 6620816.929
=14.63 %

Song Da'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 )
=156252.874 / 1250229.995
=12.50 %

* 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 Margin % →
What does a Operating Margin % of 12.50% mean?
Song Da (HSTC:SJG) has a Operating Margin % of 12.50% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Song Da and its competitors. This is 16% below median its historical median of 14.90. According to the industry distribution chart, Song Da ranks #91 out of 550 companies in the Conglomerates industry, placing it in the top 16.5%.
Is Song Da's Operating Margin % too high?
Song Da's current Operating Margin % of 12.50% is 16% below median its 10-year median of 14.90. The Conglomerates industry median Operating Margin % is 5.82. Song Da's value of 12.50% is 114.8% above this industry median. Based on the distribution chart, Song Da ranks #91 out of 550 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Song Da has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Song Da's Operating Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Song Da ranks #91 out of 550 companies for Operating Margin %. This places Song Da in the top 17% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.82. Song Da's value of 12.50% is 114.8% above this benchmark. While the company's 10-year median is 14.90 vs. the industry median of 5.82, Song Da 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 Operating Margin % for a Conglomerates company?
The median Operating Margin % among Conglomerates companies is 5.82, based on 550 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Song Da's current Operating Margin % of 12.50% is 114.8% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Song Da and its competitors. For the Conglomerates industry, the median Operating Margin % is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Song Da's current Operating Margin % is 12.50%, which is 16% below median its own 10-year median of 14.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Da stock overvalued right now?
Based on GuruFocus' analysis, Song Da (HSTC:SJG) is currently considered Modestly Overvalued. The stock's GF Value™ is ₫20,274.99, compared to a current price of ₫24,000.00 — trading 18.4% above its estimated fair value. The current Operating Margin % is 12.50%, which is 16% below median its 10-year median of 14.90 and 114.8% above the Conglomerates industry median of 5.82. Song Da's overall GF Score™ is 72/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Song Da (HSTC:SJG), the current Operating Margin % is 12.50% 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 Song Da (HSTC:SJG) Overvalued in 2026?

Based on GuruFocus' analysis, Song Da stock appears to be overvalued. The current stock price of ₫24,000.00 is trading 18.4% above its estimated GF Value™ of ₫20,274.99. GuruFocus considers Song Da to be Modestly Overvalued.

Key valuation signals for HSTC:SJG:

  • Operating Margin %: 12.50% (16% below median its 10-year median of 14.90)
  • GF Value™: ₫20,274.99 vs. price of ₫24,000.00 (18.4% above fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 114.8% above the Conglomerates median (#91 of 550)

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


Song Da Business Description

Address No. 493 Nguyen Trai street, G10 building, Thanh Xuan Nam ward, Thanh Nam district, Hanoi, VNM
Song Da Corp is engaged in business include: production and trading of electricity, construction, installation and trading of real estate. It also includes activities such as General contractor for construction (EPC general contractor) and construction and installation of traffic, industrial, civil, electricity, irrigation, complex underground works; Construction and foundation treatment of works; Construction of houses of all kinds; Trading in commercial electricity; Manufacturing and trading in equipment, Construction materials; Manufacture and install industrial equipment and machinery; Investment, development and business in urban areas, industrial parks and economic zones; Renting office. The company's segments include: Industrial production Construction installation and Others.
72GF Score

Get the complete analysis for HSTC:SJG

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

₫24,000.00
Price
₫20,274.99
GF Value