Hua Na Hydropower JSC (STC:HNA) Return-on-Tangible-Asset: 11.26% (As of Jun. 2026) — 55% Above 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.

STC:HNA Hua Na Hydropower JSC STC:HNA
40 GF Score
Price ₫21,000.00
! 1 Warning Sign
View Full Analysis

What is Hua Na Hydropower JSC Return-on-Tangible-Asset?

Hua Na Hydropower JSC STC:HNA +0.72% 40 Return-on-Tangible-Asset is 11.26% as of Jun. 2026, which is 55% above its 10-year median of 7.25. GuruFocus rates STC:HNA with a GF Score™ of 40/100. The stock has 1 warning sign investors should review. Among 452 Utilities - Independent Power Producers companies, Hua Na Hydropower JSC ranks better than 94.69% 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. Hua Na Hydropower JSC's annualized Net Income for the quarter that ended in Jun. 2026 was ₫456,887 Mil. Hua Na Hydropower JSC's average total tangible assets for the quarter that ended in Jun. 2026 was ₫4,056,003 Mil. Therefore, Hua Na Hydropower JSC's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 11.26%.

The historical rank and industry rank for Hua Na Hydropower JSC's Return-on-Tangible-Asset or its related term are showing as below:

STC:HNA' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.79   Med: 7.25   Max: 13.84
Current: 13.84

During the past 3 years, Hua Na Hydropower JSC's highest Return-on-Tangible-Asset was 13.84%. The lowest was 6.79%. And the median was 7.25%.

STC:HNA's Return-on-Tangible-Asset is ranked better than
94.69% of 452 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.285 vs STC:HNA: 13.84

Hua Na Hydropower JSC  (STC:HNA) 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.


Hua Na Hydropower JSC Return-on-Tangible-Asset Related Terms


Hua Na Hydropower JSC Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Hua Na Hydropower 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.

Hua Na Hydropower JSC Return-on-Tangible-Asset Chart

Hua Na Hydropower JSC Annual Data
Trend Dec23 Dec24 Dec25
Return-on-Tangible-Asset
6.79 7.25 11.92

Hua Na Hydropower JSC Quarterly Data
Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Asset 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 9.49 25.03 9.82 9.50 11.26

Hua Na Hydropower JSC Return-on-Tangible-Asset Competitor Comparison

For the Utilities - Renewable subindustry, Hua Na Hydropower 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.


Hua Na Hydropower JSC Return-on-Tangible-Asset vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Hua Na Hydropower JSC's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Hua Na Hydropower JSC's Return-on-Tangible-Asset falls into.


STC:HNA
40GF Score
Hua Na Hydropower JSC STC:HNA
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hua Na Hydropower JSC Return-on-Tangible-Asset Calculation

Hua Na Hydropower 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 )
=475813.408/( (4012139.112+3969431.15)/ 2 )
=475813.408/3990785.131
=11.92 %

Hua Na Hydropower JSC's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=456887.288/( (4012431.52+4099575.109)/ 2 )
=456887.288/4056003.3145
=11.26 %

* 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 11.26% mean?
Hua Na Hydropower JSC (STC:HNA) has a Return-on-Tangible-Asset of 11.26% 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 Hua Na Hydropower JSC and its competitors. This is 55% above median its historical median of 7.25. Over the past decade, Hua Na Hydropower JSC's Return-on-Tangible-Asset has ranged from 6.79 to 13.84. According to the industry distribution chart, Hua Na Hydropower JSC ranks #24 out of 452 companies in the Utilities - Independent Power Producers industry, placing it in the top 5.3%.
Is Hua Na Hydropower JSC's Return-on-Tangible-Asset too high?
Hua Na Hydropower JSC's current Return-on-Tangible-Asset of 11.26% is 55% above median its 10-year median of 7.25. Over the past 10 years, this metric has ranged from a low of 6.79 to a high of 13.84. The Utilities - Independent Power Producers industry median Return-on-Tangible-Asset is 1.29. Hua Na Hydropower JSC's value of 11.26% is 776.3% above this industry median. Based on the distribution chart, Hua Na Hydropower JSC ranks #24 out of 452 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Hua Na Hydropower JSC has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Hua Na Hydropower JSC's Return-on-Tangible-Asset compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Hua Na Hydropower JSC ranks #24 out of 452 companies for Return-on-Tangible-Asset. This places Hua Na Hydropower JSC in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.29. Hua Na Hydropower JSC's value of 11.26% is 776.3% above this benchmark. Historically, Hua Na Hydropower JSC's own Return-on-Tangible-Asset has ranged from 6.79 to 13.84 over the past decade. While the company's 10-year median is 7.25 vs. the industry median of 1.29, Hua Na Hydropower 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. Hua Na Hydropower JSC's current Return-on-Tangible-Asset of 11.26% is 776.3% 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 Hua Na Hydropower 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. Hua Na Hydropower JSC's current Return-on-Tangible-Asset is 11.26%, which is 55% above median its own 10-year median of 7.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hua Na Hydropower JSC stock overvalued right now?
Hua Na Hydropower JSC (STC:HNA) has a current Return-on-Tangible-Asset of 11.26%. The current Return-on-Tangible-Asset is 11.26%, which is 55% above median its 10-year median of 7.25 and 776.3% above the Utilities - Independent Power Producers industry median of 1.29. Hua Na Hydropower 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 Hua Na Hydropower JSC (STC:HNA), the current Return-on-Tangible-Asset is 11.26% 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.

Hua Na Hydropower JSC Business Description

Address No. 07, Quang Trung, Thanh Vinh Ward, 9th Floor, Nghe An Petroleum Building, Nghe An Province, Vinh, VNM
Hua Na Hydropower JSC operates in electric power generation. The principal business activities are to manage and operate the Hua Na Hydropower Plant and the Nam Non Hydropower Plant. The company also engaged in Electricity production, electricity transmission and distribution, Iron ore mining, electrical system installation, trading machinery, equipment, and other machine parts, other specialized construction activities, Trading in real estate, and the rest of the other business.
40GF Score

Get the complete analysis for STC:HNA

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

₫21,000.00
Price