Ton Dong A (HSTC:GDA) Pretax Margin %: 1.87% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:GDA Ton Dong A Corp HSTC:GDA
62 GF Score
Price ₫13,000.00
GF Value ₫16,702.61
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Ton Dong A Pretax Margin %?

Ton Dong A HSTC:GDA 62 Pretax Margin % is 1.87% as of Mar. 2026, which is 7% below its 10-year median of 2.00. GuruFocus rates HSTC:GDA with a GF Score™ of 62/100 and a GF Value™ of ₫16,702.61 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 611 Steel companies, Ton Dong A ranks worse than 52.21% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ton Dong A's Pre-Tax Income for the three months ended in Mar. 2026 was ₫67,260 Mil. Ton Dong A's Revenue for the three months ended in Mar. 2026 was ₫3,589,022 Mil. Therefore, Ton Dong A's pretax margin for the quarter that ended in Mar. 2026 was 1.87%.

The historical rank and industry rank for Ton Dong A's Pretax Margin % or its related term are showing as below:

HSTC:GDA' s Pretax Margin % Range Over the Past 10 Years
Min: -1.37   Med: 2   Max: 2.32
Current: 2.29


HSTC:GDA's Pretax Margin % is ranked worse than
52.21% of 611 companies
in the Steel industry
Industry Median: 2.58 vs HSTC:GDA: 2.29

Ton Dong A  (HSTC:GDA) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Ton Dong A Pretax Margin % Related Terms


Ton Dong A Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Ton Dong A's Pretax 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.

Ton Dong A Pretax Margin % Chart

Ton Dong A Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Pretax Margin %
-1.37 1.75 2.24 2.32

Ton Dong A Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax 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 2.05 2.54 2.89 1.76 1.87

HSTC:GDA vs NUE, STLD, RS: Pretax Margin % Comparison

For the Steel subindustry, Ton Dong A's Pretax Margin %, along with its competitors' market caps and Pretax 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.


Ton Dong A Pretax Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, Ton Dong A's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Ton Dong A's Pretax Margin % falls into.


HSTC:GDA
62GF Score
Ton Dong A Corp HSTC:GDA
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ton Dong A Pretax Margin % Calculation

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

Ton Dong A's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=355932.106/15310375.769
=2.32 %

Ton Dong A's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=67260.293/3589021.85
=1.87 %

* 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 Pretax Margin % →
What does a Pretax Margin % of 1.87% mean?
Ton Dong A (HSTC:GDA) has a Pretax Margin % of 1.87% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Ton Dong A and its competitors. This is near median its historical median of 2.00. According to the industry distribution chart, Ton Dong A ranks #319 out of 611 companies in the Steel industry, placing it in the top 52.2%.
Is Ton Dong A's Pretax Margin % too high?
Ton Dong A's current Pretax Margin % of 1.87% is near median its 10-year median of 2.00. The Steel industry median Pretax Margin % is 2.58. Ton Dong A's value of 1.87% is 27.5% below this industry median. Based on the distribution chart, Ton Dong A ranks #319 out of 611 companies in the Steel industry, which is below the industry midpoint. Overall, Ton Dong A has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ton Dong A's Pretax Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Ton Dong A ranks #319 out of 611 companies for Pretax Margin %. This places Ton Dong A in the lower half of its industry. The industry median Pretax Margin % is 2.58. Ton Dong A's value of 1.87% is 27.5% below this benchmark. While the company's 10-year median is 2.00 vs. the industry median of 2.58, Ton Dong A has consistently been below 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 Pretax Margin % for a Steel company?
The median Pretax Margin % among Steel companies is 2.58, based on 611 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ton Dong A's current Pretax Margin % of 1.87% is 27.5% below 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Ton Dong A and its competitors. For the Steel industry, the median Pretax Margin % is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ton Dong A's current Pretax Margin % is 1.87%, which is near median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ton Dong A stock overvalued right now?
Based on GuruFocus' analysis, Ton Dong A (HSTC:GDA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫16,702.61, compared to a current price of ₫13,000.00 — trading 22.2% below its estimated fair value. The current Pretax Margin % is 1.87%, which is near median its 10-year median of 2.00 and 27.5% below the Steel industry median of 2.58. Ton Dong A's overall GF Score™ is 62/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Ton Dong A (HSTC:GDA), the current Pretax Margin % is 1.87% 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 Ton Dong A (HSTC:GDA) Overvalued in 2026?

Based on GuruFocus' analysis, Ton Dong A stock appears to be undervalued. The current stock price of ₫13,000.00 is trading 22.2% below its estimated GF Value™ of ₫16,702.61. GuruFocus considers Ton Dong A to be Modestly Undervalued.

Key valuation signals for HSTC:GDA:

  • Pretax Margin %: 1.87% (near median its 10-year median of 2.00)
  • GF Value™: ₫16,702.61 vs. price of ₫13,000.00 (22.2% below fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 27.5% below the Steel median (#319 of 611)

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


Ton Dong A Business Description

Address No. 5, Street 5, Song Than 1 Industrial Park, Di An Ward, Di An City, Binh Duong Province, Ho Chi Minh, VNM
Ton Dong A Corp is a company specializing in the production of cold rolled steel, zinc corrugated iron, cold corrugated iron, color corrugated iron, galvanized box steel for industrial and civil construction, transportation infrastructure, and home appliances use. The company operates in the field of manufacturing galvanized steel sheet, the main products are cold rolled steel, black corrugated iron, galvanized steel zinc corrugated iron, aluminum zinc alloy coated steel, cold corrugated iron and painted cold corrugated iron Cold corrugated iron. color cold corrugated iron.
62GF Score

Get the complete analysis for HSTC:GDA

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

₫13,000.00
Price
₫16,702.61
GF Value