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Song Ba Ha Hydro Power JSCHSTC:SBH -1.53%40 Return-on-Tangible-Asset is 3.86% as of Jun. 2026, which is 82% below its 10-year median of 21.90. GuruFocus rates HSTC:SBH with a GF Score™ of 40/100. The stock has 1 warning sign investors should review. Among 452 Utilities - Independent Power Producers companies, Song Ba Ha Hydro Power JSC ranks worse than 221238.72% 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. Song Ba Ha Hydro Power JSC's annualizedNet Income for the quarter that ended in Jun. 2026 was ₫81,058 Mil. Song Ba Ha Hydro Power JSC's average total tangible assets for the quarter that ended in Jun. 2026 was ₫2,097,433 Mil. Therefore, Song Ba Ha Hydro Power JSC's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 3.86%.
The historical rank and industry rank for Song Ba Ha Hydro Power JSC's Return-on-Tangible-Asset or its related term are showing as below:
HSTC:SBH'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 13.67 Med: 21.9 Max: 28.8
Current: 28.8
During the past 3 years, Song Ba Ha Hydro Power JSC's highest Return-on-Tangible-Asset was 28.80%. The lowest was 13.67%. And the median was 21.90%.
Song Ba Ha Hydro Power JSC (HSTC:SBH) 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 companys 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 companys 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.
Song Ba Ha Hydro Power JSC Return-on-Tangible-Asset Related Terms
Song Ba Ha Hydro Power JSC Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Chart
Song Ba Ha Hydro Power JSC Return-on-Tangible-Asset Competitor Comparison
For the Utilities - Renewable subindustry, Song Ba Ha Hydro Power 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.
Song Ba Ha Hydro Power JSC Return-on-Tangible-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Song Ba Ha Hydro Power JSC's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Song Ba Ha Hydro Power JSC's Return-on-Tangible-Asset 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.
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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.86% mean?
Song Ba Ha Hydro Power JSC (HSTC:SBH) has a Return-on-Tangible-Asset of 3.86% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Song Ba Ha Hydro Power JSC and its competitors. This is 82% below median its historical median of 21.90. Over the past decade, Song Ba Ha Hydro Power JSC's Return-on-Tangible-Asset has ranged from 13.67 to 28.80. According to the industry distribution chart, Song Ba Ha Hydro Power JSC ranks #999999 out of 452 companies in the Utilities - Independent Power Producers industry.
Is Song Ba Ha Hydro Power JSC's Return-on-Tangible-Asset too high?
Song Ba Ha Hydro Power JSC's current Return-on-Tangible-Asset of 3.86% is 82% below median its 10-year median of 21.90. Over the past 10 years, this metric has ranged from a low of 13.67 to a high of 28.80. The Utilities - Independent Power Producers industry median Return-on-Tangible-Asset is 1.29. Song Ba Ha Hydro Power JSC's value of 3.86% is 200.4% above this industry median. Based on the distribution chart, Song Ba Ha Hydro Power JSC ranks #999999 out of 452 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 Return-on-Tangible-Asset compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Song Ba Ha Hydro Power JSC ranks #999999 out of 452 companies for Return-on-Tangible-Asset. This places Song Ba Ha Hydro Power JSC in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.29. Song Ba Ha Hydro Power JSC's value of 3.86% is 200.4% above this benchmark. Historically, Song Ba Ha Hydro Power JSC's own Return-on-Tangible-Asset has ranged from 13.67 to 28.80 over the past decade. While the company's 10-year median is 21.90 vs. the industry median of 1.29, 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 Return-on-Tangible-Asset for an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Asset among Utilities - Independent Power Producers companies is 1.29, based on 452 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. Song Ba Ha Hydro Power JSC's current Return-on-Tangible-Asset of 3.86% is 200.4% 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 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 Song Ba Ha Hydro Power JSC and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Asset is 1.29 — 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 Return-on-Tangible-Asset is 3.86%, which is 82% below median its own 10-year median of 21.90. 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 Return-on-Tangible-Asset of 3.86%. The current Return-on-Tangible-Asset is 3.86%, which is 82% below median its 10-year median of 21.90 and 200.4% above the Utilities - Independent Power Producers industry median of 1.29. 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 Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Song Ba Ha Hydro Power JSC (HSTC:SBH), the current Return-on-Tangible-Asset is 3.86% 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.
40GF Score
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