Hoa Binh Construction Group JSC (HSTC:HBC) Return-on-Tangible-Asset: 0.55% (As of Mar. 2026) — 66% Below Median

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HSTC:HBC Hoa Binh Construction Group JSC HSTC:HBC
36 GF Score
Price ₫4,200.00
! 5 Warning Signs
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What is Hoa Binh Construction Group JSC Return-on-Tangible-Asset?

Hoa Binh Construction Group JSC HSTC:HBC -2.33% 36 Return-on-Tangible-Asset is 0.55% as of Mar. 2026, which is 66% below its 10-year median of 1.60. GuruFocus rates HSTC:HBC with a GF Score™ of 36/100. The stock has 5 warning signs investors should review. Among 1,783 Construction companies, Hoa Binh Construction Group JSC ranks worse than 60.01% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Hoa Binh Construction Group JSC's annualized Net Income for the quarter that ended in Mar. 2026 was ₫87,850 Mil. Hoa Binh Construction Group JSC's average total tangible assets for the quarter that ended in Mar. 2026 was ₫16,096,469 Mil. Therefore, Hoa Binh Construction Group JSC's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.55%.

The historical rank and industry rank for Hoa Binh Construction Group JSC's Return-on-Tangible-Asset or its related term are showing as below:

HSTC:HBC' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.32   Med: 1.6   Max: 6.3
Current: 1.69

During the past 3 years, Hoa Binh Construction Group JSC's highest Return-on-Tangible-Asset was 6.30%. The lowest was -7.32%. And the median was 1.60%.

HSTC:HBC's Return-on-Tangible-Asset is ranked worse than
60.01% of 1783 companies
in the Construction industry
Industry Median: 3.05 vs HSTC:HBC: 1.69

Hoa Binh Construction Group JSC  (HSTC:HBC) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Hoa Binh Construction Group JSC Return-on-Tangible-Asset Related Terms


Hoa Binh Construction Group JSC Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Hoa Binh Construction Group JSC's Return-on-Tangible-Asset 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 Binh Construction Group JSC Return-on-Tangible-Asset Chart

Hoa Binh Construction Group JSC Annual Data
Trend Dec23 Dec24 Dec25
Return-on-Tangible-Asset
-7.32 6.30 1.60

Hoa Binh Construction Group JSC Quarterly Data
Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.14 1.34 4.67 0.27 0.55

HSTC:HBC vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison

For the Engineering & Construction subindustry, Hoa Binh Construction Group JSC's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Hoa Binh Construction Group JSC Return-on-Tangible-Asset vs Construction Industry

For the Construction industry and Industrials sector, Hoa Binh Construction Group JSC's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Hoa Binh Construction Group JSC's Return-on-Tangible-Asset falls into.


HSTC:HBC
36GF Score
Hoa Binh Construction Group JSC HSTC:HBC
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Hoa Binh Construction Group JSC Return-on-Tangible-Asset Calculation

Hoa Binh Construction Group JSC's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=250557.236/( (15293889.584+15967802.318)/ 2 )
=250557.236/15630845.951
=1.60 %

Hoa Binh Construction Group JSC's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=87850.472/( (15967802.318+16225136.566)/ 2 )
=87850.472/16096469.442
=0.55 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 0.55% mean?
Hoa Binh Construction Group JSC (HSTC:HBC) has a Return-on-Tangible-Asset of 0.55% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Hoa Binh Construction Group JSC and its competitors. This is 66% below median its historical median of 1.60. According to the industry distribution chart, Hoa Binh Construction Group JSC ranks #1070 out of 1783 companies in the Construction industry, placing it in the top 60%.
Is Hoa Binh Construction Group JSC's Return-on-Tangible-Asset too high?
Hoa Binh Construction Group JSC's current Return-on-Tangible-Asset of 0.55% is 66% below median its 10-year median of 1.60. The Construction industry median Return-on-Tangible-Asset is 3.05. Hoa Binh Construction Group JSC's value of 0.55% is 82% below this industry median. Based on the distribution chart, Hoa Binh Construction Group JSC ranks #1070 out of 1783 companies in the Construction industry, which is below the industry midpoint. Overall, Hoa Binh Construction Group JSC has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Hoa Binh Construction Group JSC's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Hoa Binh Construction Group JSC ranks #1070 out of 1783 companies for Return-on-Tangible-Asset. This places Hoa Binh Construction Group JSC in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.05. Hoa Binh Construction Group JSC's value of 0.55% is 82% below this benchmark. While the company's 10-year median is 1.60 vs. the industry median of 3.05, Hoa Binh Construction Group JSC 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 Return-on-Tangible-Asset for a Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.05, based on 1,783 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hoa Binh Construction Group JSC's current Return-on-Tangible-Asset of 0.55% is 82% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Hoa Binh Construction Group JSC and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoa Binh Construction Group JSC's current Return-on-Tangible-Asset is 0.55%, which is 66% below median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoa Binh Construction Group JSC stock overvalued right now?
Hoa Binh Construction Group JSC (HSTC:HBC) has a current Return-on-Tangible-Asset of 0.55%. The current Return-on-Tangible-Asset is 0.55%, which is 66% below median its 10-year median of 1.60 and 82% below the Construction industry median of 3.05. Hoa Binh Construction Group JSC's overall GF Score™ is 36/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Hoa Binh Construction Group JSC (HSTC:HBC), the current Return-on-Tangible-Asset is 0.55% 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.

Hoa Binh Construction Group JSC Business Description

Address 123 Nguyen Dinh Chieu Street, Pax Sky Building, Ward 7 District 3, Ho Chi Minh, VNM
Hoa Binh Construction Group JSC is engaged in civil and industrial construction, land leveling, construction consulting, manufacturing and trading of construction materials and interior decoration items; house repair and interior decoration services; real estate business; and industrial zone development for leasing.
36GF Score

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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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