Thac BA Hydropower JSC (STC:TBC) Asset Turnover: 0.09 (As of Mar. 2026)


STC:TBC Thac BA Hydropower JSC STC:TBC
67 GF Score
Price ₫32,500.00
GF Value ₫43,993.51
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Thac BA Hydropower JSC Asset Turnover?

Thac BA Hydropower JSC STC:TBC 67 Asset Turnover is 0.09 as of Mar. 2026. GuruFocus rates STC:TBC with a GF Score™ of 67/100 and a GF Value™ of ₫43,993.51 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Thac BA Hydropower JSC's Revenue for the three months ended in Mar. 2026 was ₫150,682 Mil. Thac BA Hydropower JSC's Total Assets for the quarter that ended in Mar. 2026 was ₫1,679,336 Mil. Therefore, Thac BA Hydropower JSC's Asset Turnover for the quarter that ended in Mar. 2026 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. Thac BA Hydropower JSC's annualized ROE % for the quarter that ended in Mar. 2026 was 24.99%. It is also linked to ROA % through Du Pont Formula. Thac BA Hydropower JSC's annualized ROA % for the quarter that ended in Mar. 2026 was 16.93%.


Thac BA Hydropower JSC  (STC:TBC) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Thac BA Hydropower JSC's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=284337.9/1137592.273
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(284337.9 / 602726.668)*(602726.668 / 1679335.875)*(1679335.875/ 1137592.273)
=Net Margin %*Asset Turnover*Equity Multiplier
=47.18 %*0.3589*1.4762
=ROA %*Equity Multiplier
=16.93 %*1.4762
=24.99 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Thac BA Hydropower JSC's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=284337.9/1679335.875
=(Net Income / Revenue)*(Revenue / Total Assets)
=(284337.9 / 602726.668)*(602726.668 / 1679335.875)
=Net Margin %*Asset Turnover
=47.18 %*0.3589
=16.93 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Thac BA Hydropower JSC Asset Turnover Related Terms


Thac BA Hydropower JSC Asset Turnover Historical Data

* Premium members only.

The historical data trend for Thac BA Hydropower JSC's Asset Turnover 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.

Thac BA Hydropower JSC Asset Turnover Chart

Thac BA Hydropower JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.46 0.28 0.35 0.36

Thac BA Hydropower JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover 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 0.07 0.10 0.10 0.08 0.09

STC:TBC vs CEG, VST, NRG: Asset Turnover Comparison

For the Utilities - Independent Power Producers subindustry, Thac BA Hydropower JSC's Asset Turnover, along with its competitors' market caps and Asset Turnover 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.


Thac BA Hydropower JSC Asset Turnover vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Thac BA Hydropower JSC's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Thac BA Hydropower JSC's Asset Turnover falls into.


STC:TBC
67GF Score
Thac BA Hydropower JSC STC:TBC
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thac BA Hydropower JSC Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Thac BA Hydropower JSC's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=562827.349/( (1519817.168+1653267.349)/ 2 )
=562827.349/1586542.2585
=0.35

Thac BA Hydropower JSC's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=150681.667/( (1653267.349+1705404.401)/ 2 )
=150681.667/1679335.875
=0.09

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.09 mean?
Thac BA Hydropower JSC (STC:TBC) has a Asset Turnover of 0.09 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Thac BA Hydropower JSC and its competitors.
Is Thac BA Hydropower JSC's Asset Turnover too high?
Thac BA Hydropower JSC's current Asset Turnover is 0.09. Overall, Thac BA Hydropower JSC has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thac BA Hydropower JSC's Asset Turnover compare to CEG and VST?
Thac BA Hydropower JSC's Asset Turnover of 0.09 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 Asset Turnover for an Utilities - Independent Power Producers company?
A good Asset Turnover depends on the Utilities - Independent Power Producers industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Thac BA Hydropower JSC and its competitors. Thac BA Hydropower JSC's current Asset Turnover is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thac BA Hydropower JSC stock overvalued right now?
Based on GuruFocus' analysis, Thac BA Hydropower JSC (STC:TBC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫43,993.51, compared to a current price of ₫32,500.00 — trading 26.1% below its estimated fair value. The current Asset Turnover is 0.09. Thac BA Hydropower JSC's overall GF Score™ is 67/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Thac BA Hydropower JSC (STC:TBC), the current Asset Turnover is 0.09 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 Thac BA Hydropower JSC (STC:TBC) Overvalued in 2026?

Based on GuruFocus' analysis, Thac BA Hydropower JSC stock appears to be undervalued. The current stock price of ₫32,500.00 is trading 26.1% below its estimated GF Value™ of ₫43,993.51. GuruFocus considers Thac BA Hydropower JSC to be Modestly Undervalued.

Key valuation signals for STC:TBC:

  • Asset Turnover: 0.09
  • GF Value™: ₫43,993.51 vs. price of ₫32,500.00 (26.1% below fair value)
  • GF Score™: 67/100 with 3 warning signs

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


Thac BA Hydropower JSC Business Description

Address Hamlet 1, Thac Ba Commune, Lao Cai Province, Yen Bai, VNM
Thac BA Hydropower JSC is a Vietnam-based company involved in producing and trading electricity. It is also involved in the management, operation, repair, maintenance, overhaul, and renovation of hydraulic works, architectural works, equipment of hydropower plants, and transformer stations. The other business activities of the organization are Testing and adjusting electrical equipment; Purchase and sale, import and export of materials and equipment; Consultancy of construction investment projects, construction investment management, supervision and supervision of construction and installation of electricity projects; Investing in power and grid projects; Fostering, training on management, operation, maintenance and repair of power plant equipment; and Business travel services.
67GF Score

Get the complete analysis for STC:TBC

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

₫32,500.00
Price
₫43,993.51
GF Value