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Beijing Enterprises HoldingsBJINF 69 Return-on-Tangible-Asset is 1.73% as of Dec. 2025, which is 61% below its 10-year median of 4.38. GuruFocus rates BJINF with a GF Score™ of 69/100 and a GF Value™ of $3.08. The stock has 5 warning signs investors should review. Among 559 Conglomerates companies, Beijing Enterprises Holdings ranks worse than 51.88% on this metric.
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 companys 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 companys 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.
Beijing Enterprises Holdings Return-on-Tangible-Asset Related Terms
Beijing Enterprises Holdings Return-on-Tangible-Asset Historical 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.
BJINF vs MMM, HON: Return-on-Tangible-Asset Comparison
For the Conglomerates subindustry, Beijing Enterprises Holdings'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.
Beijing Enterprises Holdings Return-on-Tangible-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Beijing Enterprises Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Beijing Enterprises Holdings's Return-on-Tangible-Asset falls into.
* 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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 1.73% mean?
Beijing Enterprises Holdings (BJINF) has a Return-on-Tangible-Asset of 1.73% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Beijing Enterprises Holdings and its competitors. This is 61% below median its historical median of 4.38. Over the past decade, Beijing Enterprises Holdings' Return-on-Tangible-Asset has ranged from 2.71 to 5.27. According to the industry distribution chart, Beijing Enterprises Holdings ranks #290 out of 559 companies in the Conglomerates industry, placing it in the top 51.9%.
Is Beijing Enterprises Holdings' Return-on-Tangible-Asset too high?
Beijing Enterprises Holdings' current Return-on-Tangible-Asset of 1.73% is 61% below median its 10-year median of 4.38. Over the past 10 years, this metric has ranged from a low of 2.71 to a high of 5.27. The Conglomerates industry median Return-on-Tangible-Asset is 2.81. Beijing Enterprises Holdings' value of 1.73% is 38.4% below this industry median. Based on the distribution chart, Beijing Enterprises Holdings ranks #290 out of 559 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Beijing Enterprises Holdings has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Beijing Enterprises Holdings' Return-on-Tangible-Asset compare to MMM and HON?
According to the Conglomerates industry distribution chart, Beijing Enterprises Holdings ranks #290 out of 559 companies for Return-on-Tangible-Asset. This places Beijing Enterprises Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.81. Beijing Enterprises Holdings' value of 1.73% is 38.4% below this benchmark. Historically, Beijing Enterprises Holdings' own Return-on-Tangible-Asset has ranged from 2.71 to 5.27 over the past decade. While the company's 10-year median is 4.38 vs. the industry median of 2.81, Beijing Enterprises Holdings has consistently been below 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 a Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.81, based on 559 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. Beijing Enterprises Holdings's current Return-on-Tangible-Asset of 1.73% is 38.4% below 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 Beijing Enterprises Holdings and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Enterprises Holdings's current Return-on-Tangible-Asset is 1.73%, which is 61% below median its own 10-year median of 4.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Enterprises Holdings stock overvalued right now?
Beijing Enterprises Holdings (BJINF) has a current Return-on-Tangible-Asset of 1.73%. The stock's GF Value™ is $3.08, compared to a current price of $3.98 — trading 29.2% above its estimated fair value. The current Return-on-Tangible-Asset is 1.73%, which is 61% below median its 10-year median of 4.38 and 38.4% below the Conglomerates industry median of 2.81. Beijing Enterprises Holdings' overall GF Score™ is 69/100 with 5 warning signs 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 Beijing Enterprises Holdings (BJINF), the current Return-on-Tangible-Asset is 1.73% as of Dec. 2025. 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 Beijing Enterprises Holdings (BJINF) Overvalued in 2026?
Based on GuruFocus' analysis, Beijing Enterprises Holdings stock appears to be overvalued.
The current stock price of $3.98 is trading 29.2% above its estimated GF Value™ of $3.08.
Key valuation signals for BJINF:
Return-on-Tangible-Asset: 1.73% (61% below median its 10-year median of 4.38)
GF Value™: $3.08 vs. price of $3.98 (29.2% above fair value)
Industry Position: 38.4% below the Conglomerates median (#290 of 559)
No single metric tells the full story. See the BJINF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beijing Enterprises Holdings Ltd is an investment holding company. Its reportable operating segments are Gas operation segment engages in the distribution and sale of piped natural gas and gas-related equipment, the provision of natural gas transmission; Water operation segment engages in the construction of sewage and water treatment plants and other infrastructural facilities; Environmental operation segment comprises the provision of waste incineration plant construction and waste treatment services; Brewery operation segment produces, distributes and sells brewery products; Others segment comprises the provision of consultation services, property investment and corporate income of which majority of revenue comes from Gas operation. Geographically revenue comes from Chinese Mainland.
69GF Score
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