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Song Ba Ha Hydro Power JSCHSTC:SBH -1.53%40 Pretax Margin % is 44.75% as of Jun. 2026, which is 21% below its 10-year median of 56.96. GuruFocus rates HSTC:SBH with a GF Score™ of 40/100. The stock has 1 warning sign investors should review. Among 426 Utilities - Independent Power Producers companies, Song Ba Ha Hydro Power JSC ranks worse than 234741.55% on this metric.
Song Ba Ha Hydro Power JSC (HSTC:SBH) 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.
Song Ba Ha Hydro Power JSC Pretax Margin % Related Terms
Song Ba Ha Hydro Power JSC Pretax Margin % 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.
Song Ba Ha Hydro Power JSC Pretax Margin % Competitor Comparison
For the Utilities - Renewable subindustry, Song Ba Ha Hydro Power JSC'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.
Song Ba Ha Hydro Power JSC Pretax Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Song Ba Ha Hydro Power JSC's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Song Ba Ha Hydro Power JSC's Pretax Margin % falls into.
* 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 Ba Ha Hydro Power JSC (HSTC:SBH) has a Pretax Margin % of 44.75% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Song Ba Ha Hydro Power JSC and its competitors. This is 21% below median its historical median of 56.96. Over the past decade, Song Ba Ha Hydro Power JSC's Pretax Margin % has ranged from 48.83 to 70.53. According to the industry distribution chart, Song Ba Ha Hydro Power JSC ranks #999999 out of 426 companies in the Utilities - Independent Power Producers industry.
Is Song Ba Ha Hydro Power JSC's Pretax Margin % too high?
Song Ba Ha Hydro Power JSC's current Pretax Margin % of 44.75% is 21% below median its 10-year median of 56.96. Over the past 10 years, this metric has ranged from a low of 48.83 to a high of 70.53. The Utilities - Independent Power Producers industry median Pretax Margin % is 8.43. Song Ba Ha Hydro Power JSC's value of 44.75% is 431.2% above this industry median. Based on the distribution chart, Song Ba Ha Hydro Power JSC ranks #999999 out of 426 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Song Ba Ha Hydro Power JSC has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Song Ba Ha Hydro Power JSC's Pretax Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Song Ba Ha Hydro Power JSC ranks #999999 out of 426 companies for Pretax Margin %. This places Song Ba Ha Hydro Power JSC in the lower half of its industry. The industry median Pretax Margin % is 8.43. Song Ba Ha Hydro Power JSC's value of 44.75% is 431.2% above this benchmark. Historically, Song Ba Ha Hydro Power JSC's own Pretax Margin % has ranged from 48.83 to 70.53 over the past decade. While the company's 10-year median is 56.96 vs. the industry median of 8.43, Song Ba Ha Hydro 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 Pretax Margin % for an Utilities - Independent Power Producers company?
The median Pretax Margin % among Utilities - Independent Power Producers companies is 8.43, based on 426 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. Song Ba Ha Hydro Power JSC's current Pretax Margin % of 44.75% is 431.2% 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 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 Song Ba Ha Hydro Power JSC and its competitors. For the Utilities - Independent Power Producers industry, the median Pretax Margin % is 8.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Song Ba Ha Hydro Power JSC's current Pretax Margin % is 44.75%, which is 21% below median its own 10-year median of 56.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Ba Ha Hydro Power JSC stock overvalued right now?
Song Ba Ha Hydro Power JSC (HSTC:SBH) has a current Pretax Margin % of 44.75%. The current Pretax Margin % is 44.75%, which is 21% below median its 10-year median of 56.96 and 431.2% above the Utilities - Independent Power Producers industry median of 8.43. Song Ba Ha Hydro Power JSC's overall GF Score™ is 40/100 with 1 warning sign 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 Song Ba Ha Hydro Power JSC (HSTC:SBH), the current Pretax Margin % is 44.75% 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.
Song Ba Ha Hydro Power JSC is a Vietnam-based company mainly focused on electricity production and trading. It operates the Song Ba Ha Hydropower Plant with a design capacity of 220 MW and an average annual electricity output of approximately 601.7 million kWh, located on the Ba River, within the administrative boundaries of Song Hinh district (Phu Yen province) and Krong Ba district (Gia Lai province). Additionally, the company focuses on investment and management of power generation projects, and provides services for the operation, repair, and maintenance of power infrastructure.
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