BSDGF (Bosideng International Holdings) Return-on-Tangible-Asset: 9.06% (As of Sep. 2025) — Near Median

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.

BSDGF Bosideng International Holdings Ltd BSDGF
71 GF Score
Price $0.65
GF Value $0.71
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Bosideng International Holdings Return-on-Tangible-Asset?

Bosideng International Holdings BSDGF 71 Return-on-Tangible-Asset is 9.06% as of Sep. 2025, which is 3% below its 10-year median of 9.31. GuruFocus rates BSDGF with a GF Score™ of 71/100 and a GF Value™ of $0.71 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, Bosideng International Holdings ranks better than 95.32% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Bosideng International Holdings's annualized Net Income for the quarter that ended in Sep. 2025 was $334 Mil. Bosideng International Holdings's average total tangible assets for the quarter that ended in Sep. 2025 was $3,685 Mil. Therefore, Bosideng International Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 was 9.06%.

The historical rank and industry rank for Bosideng International Holdings's Return-on-Tangible-Asset or its related term are showing as below:

BSDGF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.39   Med: 9.31   Max: 15.11
Current: 15.11

During the past 13 years, Bosideng International Holdings's highest Return-on-Tangible-Asset was 15.11%. The lowest was 2.39%. And the median was 9.31%.

BSDGF's Return-on-Tangible-Asset is ranked better than
95.32% of 1069 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.99 vs BSDGF: 15.11

Bosideng International Holdings  (OTCPK:BSDGF) Return-on-Tangible-Asset Explanation

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 company’s 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 company’s 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.


Bosideng International Holdings Return-on-Tangible-Asset Related Terms


Bosideng International Holdings Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Bosideng International Holdings's Return-on-Tangible-Asset 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.

Bosideng International Holdings Return-on-Tangible-Asset Chart

Bosideng International Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.33 10.49 13.75 13.99 15.26

Bosideng International Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Asset 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 18.60 9.09 18.32 9.06 20.66

BSDGF vs RL, LEVI, VFC: Return-on-Tangible-Asset Comparison

For the Apparel Manufacturing subindustry, Bosideng International 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.


Bosideng International Holdings Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bosideng International Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Bosideng International Holdings's Return-on-Tangible-Asset falls into.


BSDGF
71GF Score
Bosideng International Holdings Ltd BSDGF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bosideng International Holdings Return-on-Tangible-Asset Calculation

Bosideng International Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=484.724/( (3385.965+3542.231)/ 2 )
=484.724/3464.098
=13.99 %

Bosideng International Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2025 )  (Q: Mar. 2025 )(Q: Sep. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2025 )  (Q: Mar. 2025 )(Q: Sep. 2025 )
=333.928/( (3542.231+3828.537)/ 2 )
=333.928/3685.384
=9.06 %

* 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 (Sep. 2025) net income data.

What does a Return-on-Tangible-Asset of 9.06% mean?
Bosideng International Holdings (BSDGF) has a Return-on-Tangible-Asset of 9.06% as of Sep. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Bosideng International Holdings and its competitors. This is near median its historical median of 9.31. Over the past decade, Bosideng International Holdings' Return-on-Tangible-Asset has ranged from 2.39 to 15.11. According to the industry distribution chart, Bosideng International Holdings ranks #50 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 4.7%.
Is Bosideng International Holdings' Return-on-Tangible-Asset too high?
Bosideng International Holdings' current Return-on-Tangible-Asset of 9.06% is near median its 10-year median of 9.31. Over the past 10 years, this metric has ranged from a low of 2.39 to a high of 15.11. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 1.99. Bosideng International Holdings' value of 9.06% is 355.3% above this industry median. Based on the distribution chart, Bosideng International Holdings ranks #50 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Bosideng International Holdings has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bosideng International Holdings' Return-on-Tangible-Asset compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bosideng International Holdings ranks #50 out of 1069 companies for Return-on-Tangible-Asset. This places Bosideng International Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.99. Bosideng International Holdings' value of 9.06% is 355.3% above this benchmark. Historically, Bosideng International Holdings' own Return-on-Tangible-Asset has ranged from 2.39 to 15.11 over the past decade. While the company's 10-year median is 9.31 vs. the industry median of 1.99, Bosideng International Holdings has consistently been above 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 1.99, based on 1,069 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. Bosideng International Holdings's current Return-on-Tangible-Asset of 9.06% is 355.3% 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 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 Bosideng International Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bosideng International Holdings's current Return-on-Tangible-Asset is 9.06%, which is near median its own 10-year median of 9.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bosideng International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Bosideng International Holdings (BSDGF) is currently considered Fairly Valued. The stock's GF Value™ is $0.71, compared to a current price of $0.65 — trading 8% below its estimated fair value. The current Return-on-Tangible-Asset is 9.06%, which is near median its 10-year median of 9.31 and 355.3% above the Manufacturing - Apparel & Accessories industry median of 1.99. Bosideng International Holdings' overall GF Score™ is 71/100 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 Bosideng International Holdings (BSDGF), the current Return-on-Tangible-Asset is 9.06% as of Sep. 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 Bosideng International Holdings (BSDGF) Overvalued in 2026?

Based on GuruFocus' analysis, Bosideng International Holdings stock appears to be undervalued. The current stock price of $0.65 is trading 8% below its estimated GF Value™ of $0.71. GuruFocus considers Bosideng International Holdings to be Fairly Valued.

Key valuation signals for BSDGF:

  • Return-on-Tangible-Asset: 9.06% (near median its 10-year median of 9.31)
  • GF Value™: $0.71 vs. price of $0.65 (8% below fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 355.3% above the Manufacturing - Apparel & Accessories median (#50 of 1069)

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


Bosideng International Holdings Business Description

Address 99 Queen’s Road Central, Unit 5709, 57th Floor, The Center, Central, Hong Kong, HKG
Bosideng is the largest down apparel firm in China. The company operates several brands with different market positionings. Among them, its namesake Bosideng brand targets the mid to high-end segment, Snow Flying serves the mass market, and Bogner caters to the luxury segment. The firm also owns over 30% stake in Moose Knuckle, a Canadian luxury brand. As of March 2025, Bosideng has 3,470 retail locations across China, including 1,524 self-operated stores. In addition to its core business, Bosideng distributes ladieswear and provides OEM services to other brands, leveraging its supply chain strength.
71GF Score

Get the complete analysis for BSDGF

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

$0.65
Price
$0.71
GF Value