Quang Ninh Thermal power JSC (HSTC:QTP) ROCE %: 15.79% (As of Mar. 2026)


HSTC:QTP Quang Ninh Thermal power JSC HSTC:QTP
64 GF Score
Price ₫11,600.00
GF Value ₫13,154.48
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Quang Ninh Thermal power JSC ROCE %?

Quang Ninh Thermal power JSC HSTC:QTP -1.69% 64 ROCE % is 15.79% as of Mar. 2026. GuruFocus rates HSTC:QTP with a GF Score™ of 64/100 and a GF Value™ of ₫13,154.48 (Modestly Undervalued). The stock has 2 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Quang Ninh Thermal power JSC's annualized ROCE % for the quarter that ended in Mar. 2026 was 15.79%.

Quang Ninh Thermal power JSC  (HSTC:QTP) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Quang Ninh Thermal power JSC ROCE % Related Terms

Quang Ninh Thermal power JSC ROCE % Historical Data

* Premium members only.

The historical data trend for Quang Ninh Thermal power JSC's ROCE % 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.

Quang Ninh Thermal power JSC ROCE % Chart

Quang Ninh Thermal power JSC Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
0.00 14.45 11.69 13.27 24.39

Quang Ninh Thermal power JSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 16.95 18.13 3.26 60.53 15.79
HSTC:QTP
64GF Score
Quang Ninh Thermal power JSC HSTC:QTP
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Quang Ninh Thermal power JSC ROCE % Calculation

Quang Ninh Thermal power JSC's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=1360808.3/( ( (7422915.124 - 2244983.755) + (7775430.649 - 1795184.177) )/ 2 )
=1360808.3/( (5177931.369+5980246.472)/ 2 )
=1360808.3/5579088.9205
=24.39 %

Quang Ninh Thermal power JSC's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=922922.864/( ( (7775430.649 - 1795184.177) + (7244640.478 - 1532571.238) )/ 2 )
=922922.864/( ( 5980246.472 + 5712069.24 )/ 2 )
=922922.864/5846157.856
=15.79 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 15.79% mean?
Quang Ninh Thermal power JSC (HSTC:QTP) has a ROCE % of 15.79% as of Mar. 2026.
Is Quang Ninh Thermal power JSC's ROCE % too high?
Quang Ninh Thermal power JSC's current ROCE % is 15.79%. The Utilities - Independent Power Producers industry median ROCE % is 4.79. Quang Ninh Thermal power JSC's value of 15.79% is 229.6% above this industry median. Overall, Quang Ninh Thermal power JSC has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Quang Ninh Thermal power JSC's ROCE % compare to competitors?
Quang Ninh Thermal power JSC's ROCE % of 15.79% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROCE % is 4.79. Quang Ninh Thermal power JSC's value of 15.79% is 229.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Utilities - Independent Power Producers company?
The median ROCE % among Utilities - Independent Power Producers companies is 4.79, based on 437 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Quang Ninh Thermal power JSC's current ROCE % of 15.79% is 229.6% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Utilities - Independent Power Producers industry, the median ROCE % is 4.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quang Ninh Thermal power JSC's current ROCE % is 15.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quang Ninh Thermal power JSC stock overvalued right now?
Based on GuruFocus' analysis, Quang Ninh Thermal power JSC (HSTC:QTP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫13,154.48, compared to a current price of ₫11,600.00 — trading 11.8% below its estimated fair value. The current ROCE % is 15.79% and 229.6% above the Utilities - Independent Power Producers industry median of 4.79. Quang Ninh Thermal power JSC's overall GF Score™ is 64/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Quang Ninh Thermal power JSC (HSTC:QTP), the current ROCE % is 15.79% 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.

Is Quang Ninh Thermal power JSC (HSTC:QTP) Overvalued in 2026?

Based on GuruFocus' analysis, Quang Ninh Thermal power JSC stock appears to be undervalued. The current stock price of ₫11,600.00 is trading 11.8% below its estimated GF Value™ of ₫13,154.48. GuruFocus considers Quang Ninh Thermal power JSC to be Modestly Undervalued.

Key valuation signals for HSTC:QTP:

  • ROCE %: 15.79%
  • GF Value™: ₫13,154.48 vs. price of ₫11,600.00 (11.8% below fair value)
  • GF Score™: 64/100 with 2 warning signs
  • Industry Position: 229.6% above the Utilities - Independent Power Producers median

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

Quang Ninh Thermal power JSC Business Description

Address Group 33 Area 5, Ha Khanh Ward, Quang Ninh Province, Ha Long City, VNM
Quang Ninh Thermal power JSC is engaged in the generation, transmission, and distribution of electricity.
64GF Score

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

₫11,600.00
Price
₫13,154.48
GF Value