Hoa Phat Group JSC (STC:HPG) Retained Earnings: ₫54,127,901 Mil (As of Jun. 2026)

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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.

STC:HPG Hoa Phat Group JSC STC:HPG
92 GF Score
Price ₫21,250.00
GF Value ₫32,936.51
Valuation Possible Value Trap
! 6 Warning Signs
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What is Hoa Phat Group JSC Retained Earnings?

Hoa Phat Group JSC STC:HPG -2.07% 92 Retained Earnings is ₫54,127,901 Mil as of Jun. 2026. GuruFocus rates STC:HPG with a GF Score™ of 92/100 and a GF Value™ of ₫32,936.51 (Possible Value Trap). The stock has 6 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hoa Phat Group JSC's retained earnings for the quarter that ended in Jun. 2026 was ₫54,127,901 Mil.

Hoa Phat Group JSC's quarterly retained earnings increased from Dec. 2025 (₫51,037,902 Mil) to Mar. 2026 (₫59,889,614 Mil) but then declined from Mar. 2026 (₫59,889,614 Mil) to Jun. 2026 (₫54,127,901 Mil).

Hoa Phat Group JSC's annual retained earnings increased from Dec. 2023 (₫40,593,032 Mil) to Dec. 2024 (₫49,599,124 Mil) and increased from Dec. 2024 (₫49,599,124 Mil) to Dec. 2025 (₫51,037,902 Mil).


Hoa Phat Group JSC  (STC:HPG) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Hoa Phat Group JSC Retained Earnings Historical Data

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The historical data trend for Hoa Phat Group JSC's Retained Earnings 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.

Hoa Phat Group JSC Retained Earnings Chart

Hoa Phat Group JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41,763,425.97 33,833,829.97 40,593,031.66 49,599,124.11 51,037,901.75

Hoa Phat Group JSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Retained Earnings 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 56,176,913.98 47,288,178.77 51,037,901.75 59,889,614.15 54,127,900.96
STC:HPG
92GF Score
Hoa Phat Group JSC STC:HPG
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Hoa Phat Group JSC Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of ₫54,127,901 Mil mean?
Hoa Phat Group JSC (STC:HPG) has a Retained Earnings of ₫54,127,901 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Hoa Phat Group JSC and its competitors.
Is Hoa Phat Group JSC's Retained Earnings too high?
Hoa Phat Group JSC's current Retained Earnings is ₫54,127,901 Mil. Overall, Hoa Phat Group JSC has a GF Score™ of 92/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hoa Phat Group JSC's Retained Earnings compare to NUE and STLD?
Hoa Phat Group JSC's Retained Earnings of ₫54,127,901 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Steel company?
A good Retained Earnings depends on the Steel industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Hoa Phat Group JSC and its competitors. Hoa Phat Group JSC's current Retained Earnings is ₫54,127,901 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoa Phat Group JSC stock overvalued right now?
Based on GuruFocus' analysis, Hoa Phat Group JSC (STC:HPG) is currently considered Possible Value Trap. The stock's GF Value™ is ₫32,936.51, compared to a current price of ₫21,250.00 — trading 35.5% below its estimated fair value. The current Retained Earnings is ₫54,127,901 Mil. Hoa Phat Group JSC's overall GF Score™ is 92/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Hoa Phat Group JSC (STC:HPG), the current Retained Earnings is ₫54,127,901 Mil 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 Hoa Phat Group JSC (STC:HPG) Overvalued in 2026?

Based on GuruFocus' analysis, Hoa Phat Group JSC stock appears to be undervalued. The current stock price of ₫21,250.00 is trading 35.5% below its estimated GF Value™ of ₫32,936.51. GuruFocus considers Hoa Phat Group JSC to be Possible Value Trap.

Key valuation signals for STC:HPG:

  • Retained Earnings: ₫54,127,901 Mil
  • GF Value™: ₫32,936.51 vs. price of ₫21,250.00 (35.5% below fair value)
  • GF Score™: 92/100 with 6 warning signs

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


Hoa Phat Group JSC Business Description

Address 66 Nguyen Du, P. Nguyen Du, Hai Ba Trung District, Hanoi, VNM
Hoa Phat Group JSC is engaged in the business of steel production and trading. The company operates through four segments which include Production and trading of steel:, Other industrial production, Construction and development of real estate, and Agriculture. The core segment for operations is the steel production and trading accounts for the majority of the Groups revenue.
92GF Score

Get the complete analysis for STC:HPG

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

₫21,250.00
Price
₫32,936.51
GF Value