Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Quang Ninh Thermal power JSC's Dividend Payout Ratio for the
months ended in Jun. 2026 was 0.00.
The historical rank and industry rank for Quang Ninh Thermal power JSC's Dividend Payout Ratio or its related term are showing as below:
HSTC:QTP'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09 Med: 1.21 Max: 2.49
Current: 0.37
During the past 5 years, the highest Dividend Payout Ratio of Quang Ninh Thermal power JSC was 2.49. The lowest was 0.09. And the median was 1.21.
HSTC:QTP's Dividend Payout Ratio is ranked better than 60.99% of 182
companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.435
vs HSTC:QTP: 0.37
During the past 5 years, the highest Trailing Annual Dividend Yield of Quang Ninh Thermal power JSC was 20.83%. The lowest was 1.42%. And the median was 10.93%.
During the past 12 months, Quang Ninh Thermal power JSC's average Dividends Per Share Growth Rate was -39.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -50.00% per year.
During the past 5 years, the highest 3-Year average Dividends Per Share Growth Rate of Quang Ninh Thermal power JSC was -50.00% per year. The lowest was -50.00% per year. And the median was -50.00% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Quang Ninh Thermal power JSC (HSTC:QTP) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Quang Ninh Thermal power JSC Dividend Payout Ratio Related Terms
Quang Ninh Thermal power JSC Dividend Payout Ratio 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 Dividend Payout Ratio Chart
Quang Ninh Thermal power JSC Dividend Payout Ratio Competitor Comparison
For the Utilities - Renewable subindustry, Quang Ninh Thermal power JSC's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Quang Ninh Thermal power JSC's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Quang Ninh Thermal power JSC's Dividend Payout Ratio falls into.
Quang Ninh Thermal power JSC Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Quang Ninh Thermal power JSC's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (HSTC:QTP) has a Dividend Payout Ratio of 0.00 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Quang Ninh Thermal power JSC and its competitors. Over the past decade, Quang Ninh Thermal power JSC's Dividend Payout Ratio has ranged from 0.09 to 2.49. According to the industry distribution chart, Quang Ninh Thermal power JSC ranks #71 out of 182 companies in the Utilities - Independent Power Producers industry, placing it in the top 39%.
Is Quang Ninh Thermal power JSC's Dividend Payout Ratio too high?
Quang Ninh Thermal power JSC's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 2.49. Based on the distribution chart, Quang Ninh Thermal power JSC ranks #71 out of 182 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 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Quang Ninh Thermal power JSC's Dividend Payout Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Quang Ninh Thermal power JSC ranks #71 out of 182 companies for Dividend Payout Ratio. This puts Quang Ninh Thermal power JSC in the upper half of its industry. The industry median Dividend Payout Ratio is 0.44. Historically, Quang Ninh Thermal power JSC's own Dividend Payout Ratio has ranged from 0.09 to 2.49 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Utilities - Independent Power Producers company?
The median Dividend Payout Ratio among Utilities - Independent Power Producers companies is 0.44, based on 182 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Quang Ninh Thermal power JSC and its competitors. For the Utilities - Independent Power Producers industry, the median Dividend Payout Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quang Ninh Thermal power JSC's current Dividend Payout Ratio is 0.00. 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 ₫13,572.29, compared to a current price of ₫11,100.00 — trading 18.2% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Quang Ninh Thermal power JSC's overall GF Score™ is 67/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Quang Ninh Thermal power JSC (HSTC:QTP), the current Dividend Payout Ratio is 0.00 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.
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 ₫11,100.00 is trading 18.2% below its estimated GF Value™ of ₫13,572.29.
GuruFocus considers Quang Ninh Thermal power JSC to be Modestly Undervalued.
Key valuation signals for HSTC:QTP:
Dividend Payout Ratio: 0.00
GF Value™: ₫13,572.29 vs. price of ₫11,100.00 (18.2% below fair value)
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HSTC:QTP has been successfully added to your 
