Song Ba Ha Hydro Power JSC (HSTC:SBH) Scaled Net Operating Assets: 0.42 (As of Jun. 2026)

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HSTC:SBH Song Ba Ha Hydro Power JSC HSTC:SBH
40 GF Score
Price ₫38,500.00
! 1 Warning Sign
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What is Song Ba Ha Hydro Power JSC Scaled Net Operating Assets?

Song Ba Ha Hydro Power JSC HSTC:SBH -1.53% 40 Scaled Net Operating Assets is 0.42 as of Jun. 2026. GuruFocus rates HSTC:SBH with a GF Score™ of 40/100. The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Song Ba Ha Hydro Power JSC's operating assets for the quarter that ended in Jun. 2026 was ₫918,625 Mil. Song Ba Ha Hydro Power JSC's operating liabilities for the quarter that ended in Jun. 2026 was ₫39,200 Mil. Song Ba Ha Hydro Power JSC's Total Assets for the quarter that ended in Mar. 2026 was ₫2,093,770 Mil. Therefore, Song Ba Ha Hydro Power JSC's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.42.


Song Ba Ha Hydro Power JSC Scaled Net Operating Assets Historical Data

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The historical data trend for Song Ba Ha Hydro Power JSC's Scaled Net Operating Assets 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.

Song Ba Ha Hydro Power JSC Scaled Net Operating Assets Chart

Song Ba Ha Hydro Power JSC Annual Data
Trend Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.58 0.40 0.61

Song Ba Ha Hydro Power JSC Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.49 0.49 0.54 0.49 0.42

Song Ba Ha Hydro Power JSC Scaled Net Operating Assets Competitor Comparison

For the Utilities - Renewable subindustry, Song Ba Ha Hydro Power JSC's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Song Ba Ha Hydro Power JSC's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Song Ba Ha Hydro Power JSC's Scaled Net Operating Assets falls into.


HSTC:SBH
40GF Score
Song Ba Ha Hydro Power JSC HSTC:SBH
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Song Ba Ha Hydro Power JSC Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Song Ba Ha Hydro Power JSC's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(1306369.907-216258.062)/1781184.601
=0.61

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2212594.332 - 906224.425
=1306369.907

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=216258.062 - 0 - 0
=216258.062

Song Ba Ha Hydro Power JSC's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Mar. 2026 )
=(918624.586-39200.367)/2093770.495
=0.42

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2109549.991 - 1190925.405
=918624.586

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=39200.367 - 0 - 0
=39200.367

* 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.

What does a Scaled Net Operating Assets of 0.42 mean?
Song Ba Ha Hydro Power JSC (HSTC:SBH) has a Scaled Net Operating Assets of 0.42 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Song Ba Ha Hydro Power JSC and its competitors.
Is Song Ba Ha Hydro Power JSC's Scaled Net Operating Assets too high?
Song Ba Ha Hydro Power JSC's current Scaled Net Operating Assets is 0.42. 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 Scaled Net Operating Assets compare to competitors?
Song Ba Ha Hydro Power JSC's Scaled Net Operating Assets of 0.42 can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Utilities - Independent Power Producers company?
A good Scaled Net Operating Assets depends on the Utilities - Independent Power Producers industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Song Ba Ha Hydro Power JSC and its competitors. Song Ba Ha Hydro Power JSC's current Scaled Net Operating Assets is 0.42. 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 Scaled Net Operating Assets of 0.42. The current Scaled Net Operating Assets is 0.42. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Song Ba Ha Hydro Power JSC (HSTC:SBH), the current Scaled Net Operating Assets is 0.42 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 Business Description

Address 498 Hung Vuong Avenue, Tuy Hoa Ward, Dak Lak Province, Tuy Hoa, VNM
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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