CGEGF (CGN New Energy Holdings Co) Return-on-Tangible-Asset: 2.50% (As of Dec. 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.

CGEGF CGN New Energy Holdings Co Ltd CGEGF
84 GF Score
Price $0.24
GF Value $0.21
! 6 Warning Signs
View Full Analysis

What is CGN New Energy Holdings Co Return-on-Tangible-Asset?

CGN New Energy Holdings Co CGEGF 84 Return-on-Tangible-Asset is 2.50% as of Dec. 2025, which is 2% below its 10-year median of 2.56. GuruFocus rates CGEGF with a GF Scoreâ„¢ of 84/100 and a GF Valueâ„¢ of $0.21. The stock has 6 warning signs investors should review. Among 453 Utilities - Independent Power Producers companies, CGN New Energy Holdings Co ranks better than 65.12% 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. CGN New Energy Holdings Co's annualized Net Income for the quarter that ended in Dec. 2025 was $225 Mil. CGN New Energy Holdings Co's average total tangible assets for the quarter that ended in Dec. 2025 was $8,975 Mil. Therefore, CGN New Energy Holdings Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 2.50%.

The historical rank and industry rank for CGN New Energy Holdings Co's Return-on-Tangible-Asset or its related term are showing as below:

CGEGF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.83   Med: 2.56   Max: 3.27
Current: 3.13

During the past 13 years, CGN New Energy Holdings Co's highest Return-on-Tangible-Asset was 3.27%. The lowest was 1.83%. And the median was 2.56%.

CGEGF's Return-on-Tangible-Asset is ranked better than
65.12% of 453 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.16 vs CGEGF: 3.13

CGN New Energy Holdings Co  (OTCPK:CGEGF) 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 companyÂ’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 companyÂ’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.


CGN New Energy Holdings Co Return-on-Tangible-Asset Related Terms


CGN New Energy Holdings Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for CGN New Energy Holdings Co'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.

CGN New Energy Holdings Co Return-on-Tangible-Asset Chart

CGN New Energy Holdings Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.18 2.33 3.27 2.95 3.15

CGN New Energy Holdings Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.73 4.46 1.53 3.72 2.50

CGEGF vs CEG, VST, NRG: Return-on-Tangible-Asset Comparison

For the Utilities - Independent Power Producers subindustry, CGN New Energy Holdings Co'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.


CGN New Energy Holdings Co Return-on-Tangible-Asset vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CGN New Energy Holdings Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where CGN New Energy Holdings Co's Return-on-Tangible-Asset falls into.


CGEGF
84GF Score
CGN New Energy Holdings Co Ltd CGEGF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CGN New Energy Holdings Co Return-on-Tangible-Asset Calculation

CGN New Energy Holdings Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=275.868/( (8579.761+8959.452)/ 2 )
=275.868/8769.6065
=3.15 %

CGN New Energy Holdings Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=224.676/( (8990.215+8959.452)/ 2 )
=224.676/8974.8335
=2.50 %

* 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 2.50% mean?
CGN New Energy Holdings Co (CGEGF) has a Return-on-Tangible-Asset of 2.50% 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 CGN New Energy Holdings Co and its competitors. This is near median its historical median of 2.56. Over the past decade, CGN New Energy Holdings Co's Return-on-Tangible-Asset has ranged from 1.83 to 3.27. According to the industry distribution chart, CGN New Energy Holdings Co ranks #158 out of 453 companies in the Utilities - Independent Power Producers industry, placing it in the top 34.9%.
Is CGN New Energy Holdings Co's Return-on-Tangible-Asset too high?
CGN New Energy Holdings Co's current Return-on-Tangible-Asset of 2.50% is near median its 10-year median of 2.56. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 3.27. The Utilities - Independent Power Producers industry median Return-on-Tangible-Asset is 1.16. CGN New Energy Holdings Co's value of 2.50% is 115.5% above this industry median. Based on the distribution chart, CGN New Energy Holdings Co ranks #158 out of 453 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, CGN New Energy Holdings Co has a GF Scoreâ„¢ of 84/100, reflecting its overall financial health beyond just this single metric.
How does CGN New Energy Holdings Co's Return-on-Tangible-Asset compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, CGN New Energy Holdings Co ranks #158 out of 453 companies for Return-on-Tangible-Asset. This puts CGN New Energy Holdings Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.16. CGN New Energy Holdings Co's value of 2.50% is 115.5% above this benchmark. Historically, CGN New Energy Holdings Co's own Return-on-Tangible-Asset has ranged from 1.83 to 3.27 over the past decade. While the company's 10-year median is 2.56 vs. the industry median of 1.16, CGN New Energy Holdings Co 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 an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Asset among Utilities - Independent Power Producers companies is 1.16, based on 453 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. CGN New Energy Holdings Co's current Return-on-Tangible-Asset of 2.50% is 115.5% 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 CGN New Energy Holdings Co and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Asset is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CGN New Energy Holdings Co's current Return-on-Tangible-Asset is 2.50%, which is near median its own 10-year median of 2.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CGN New Energy Holdings Co stock overvalued right now?
CGN New Energy Holdings Co (CGEGF) has a current Return-on-Tangible-Asset of 2.50%. The stock's GF Value™ is $0.21, compared to a current price of $0.24 — trading 16% above its estimated fair value. The current Return-on-Tangible-Asset is 2.50%, which is near median its 10-year median of 2.56 and 115.5% above the Utilities - Independent Power Producers industry median of 1.16. CGN New Energy Holdings Co's overall GF Score™ is 84/100 with 6 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 CGN New Energy Holdings Co (CGEGF), the current Return-on-Tangible-Asset is 2.50% 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 CGN New Energy Holdings Co (CGEGF) Overvalued in 2026?

Based on GuruFocus' analysis, CGN New Energy Holdings Co stock appears to be overvalued. The current stock price of $0.24 is trading 16% above its estimated GF Value™ of $0.21.

Key valuation signals for CGEGF:

  • Return-on-Tangible-Asset: 2.50% (near median its 10-year median of 2.56)
  • GF Value™: $0.21 vs. price of $0.24 (16% above fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 115.5% above the Utilities - Independent Power Producers median (#158 of 453)

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


CGN New Energy Holdings Co Business Description

Other Exchanges 01811:Hong Kong
Address 23 Harbour Road, Great Eagle Centre, Suite 1201-3 and 7-10, 12th Floor, Wanchai, Hong Kong, HKG
CGN New Energy Holdings Co Ltd together with its subsidiaries is engaged in the generation and supply of electricity and steam, the construction and operation of power stations, and other associated facilities in PRC and Korea. The company has three reportable segments; Power plants in the PRC include the Generation and supply of electricity, Power plants in Korea include the Generation and supply of electricity, and Management companies include the Provision of management services to power plants operated by CGN and its subsidiaries. The company derives maximum revenue from Power Plants in the PRC segment.
84GF Score

Get the complete analysis for CGEGF

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

$0.24
Price
$0.21
GF Value