Saigon - Hanoi Securities JSC (HSTC:SHS) Tax Rate %: 17.20% (As of Mar. 2026)

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.

HSTC:SHS Saigon - Hanoi Securities JSC HSTC:SHS
76 GF Score
Price ₫16,100.00
GF Value ₫24,024.89
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Saigon - Hanoi Securities JSC Tax Rate %?

Saigon - Hanoi Securities JSC HSTC:SHS +4.55% 76 Tax Rate % is 17.20% as of Mar. 2026. GuruFocus rates HSTC:SHS with a GF Score™ of 76/100 and a GF Value™ of ₫24,024.89 (Possible Value Trap). The stock has 7 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Saigon - Hanoi Securities JSC's Tax Expense for the three months ended in Mar. 2026 was ₫48,170 Mil. Saigon - Hanoi Securities JSC's Pre-Tax Income for the three months ended in Mar. 2026 was ₫279,994 Mil. Therefore, Saigon - Hanoi Securities JSC's Tax Rate % for the quarter that ended in Mar. 2026 was 17.20%.


Saigon - Hanoi Securities JSC Tax Rate % Related Terms


Saigon - Hanoi Securities JSC Tax Rate % Historical Data

* Premium members only.

The historical data trend for Saigon - Hanoi Securities JSC's Tax Rate % 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.

Saigon - Hanoi Securities JSC Tax Rate % Chart

Saigon - Hanoi Securities JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.35 17.78 18.25 18.05 18.56

Saigon - Hanoi Securities JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 Premium Member Only 19.32 17.33 19.07 18.43 17.20
HSTC:SHS
76GF Score
Saigon - Hanoi Securities JSC HSTC:SHS
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saigon - Hanoi Securities JSC Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Saigon - Hanoi Securities JSC's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=306190.528/1649368.012
=18.56 %

Saigon - Hanoi Securities JSC's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=48170.035/279994.199
=17.20 %

* 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 Tax Rate % →
What does a Tax Rate % of 17.20% mean?
Saigon - Hanoi Securities JSC (HSTC:SHS) has a Tax Rate % of 17.20% as of Mar. 2026.
Is Saigon - Hanoi Securities JSC's Tax Rate % too high?
Saigon - Hanoi Securities JSC's current Tax Rate % is 17.20%. Overall, Saigon - Hanoi Securities JSC has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Saigon - Hanoi Securities JSC's Tax Rate % compare to BLK and BX?
Saigon - Hanoi Securities JSC's Tax Rate % of 17.20% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Asset Management company?
A good Tax Rate % depends on the Asset Management industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Saigon - Hanoi Securities JSC's current Tax Rate % is 17.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saigon - Hanoi Securities JSC stock overvalued right now?
Based on GuruFocus' analysis, Saigon - Hanoi Securities JSC (HSTC:SHS) is currently considered Possible Value Trap. The stock's GF Value™ is ₫24,024.89, compared to a current price of ₫16,100.00 — trading 33% below its estimated fair value. The current Tax Rate % is 17.20%. Saigon - Hanoi Securities JSC's overall GF Score™ is 76/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Saigon - Hanoi Securities JSC (HSTC:SHS), the current Tax Rate % is 17.20% 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 Saigon - Hanoi Securities JSC (HSTC:SHS) Overvalued in 2026?

Based on GuruFocus' analysis, Saigon - Hanoi Securities JSC stock appears to be undervalued. The current stock price of ₫16,100.00 is trading 33% below its estimated GF Value™ of ₫24,024.89. GuruFocus considers Saigon - Hanoi Securities JSC to be Possible Value Trap.

Key valuation signals for HSTC:SHS:

  • Tax Rate %: 17.20%
  • GF Value™: ₫24,024.89 vs. price of ₫16,100.00 (33% below fair value)
  • GF Score™: 76/100 with 7 warning signs

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


Saigon - Hanoi Securities JSC Business Description

Address Dao Duy Anh Building, 1st Floor, Dong Da, Hanoi, VNM
Saigon - Hanoi Securities JSC is engaged in the trading of securities and the offering of investment services.
76GF Score

Get the complete analysis for HSTC:SHS

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

₫16,100.00
Price
₫24,024.89
GF Value