China Gas HoldingsCGHOF -3.14%53 Return-on-Tangible-Asset is 1.85% as of Sep. 2025, which is 73% below its 10-year median of 6.85. GuruFocus rates CGHOF with a GF Score™ of 53/100 and a GF Value™ of $1.20 (Fairly Valued). The stock has 8 warning signs investors should review. Among 509 Utilities - Regulated companies, China Gas Holdings ranks worse than 72.5% 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. China Gas Holdings's annualizedNet Income for the quarter that ended in Sep. 2025 was $343 Mil. China Gas Holdings's average total tangible assets for the quarter that ended in Sep. 2025 was $18,539 Mil. Therefore, China Gas Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 was 1.85%.
The historical rank and industry rank for China Gas Holdings's Return-on-Tangible-Asset or its related term are showing as below:
CGHOF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.85 Med: 6.85 Max: 9.73
Current: 1.85
During the past 13 years, China Gas Holdings's highest Return-on-Tangible-Asset was 9.73%. The lowest was 1.85%. And the median was 6.85%.
CGHOF's Return-on-Tangible-Asset is ranked worse than 72.5% of 509
companies
in the Utilities - Regulated industry
Industry Median: 3.3
vs CGHOF: 1.85
China Gas Holdings (OTCPK:CGHOF) 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 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.
China Gas Holdings Return-on-Tangible-Asset Related Terms
China Gas Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for China Gas 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.
CGHOF vs ATO, NI: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Gas subindustry, China Gas 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.
China Gas Holdings Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, China Gas Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where China Gas 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 (Sep. 2025) net income data.
What does a Return-on-Tangible-Asset of 1.85% mean?
China Gas Holdings (CGHOF) has a Return-on-Tangible-Asset of 1.85% 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 China Gas Holdings and its competitors. This is 73% below median its historical median of 6.85. Over the past decade, China Gas Holdings' Return-on-Tangible-Asset has ranged from 1.85 to 9.73. According to the industry distribution chart, China Gas Holdings ranks #369 out of 509 companies in the Utilities - Regulated industry, placing it in the top 72.5%.
Is China Gas Holdings' Return-on-Tangible-Asset too high?
China Gas Holdings' current Return-on-Tangible-Asset of 1.85% is 73% below median its 10-year median of 6.85. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 9.73. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.30. China Gas Holdings' value of 1.85% is 43.9% below this industry median. Based on the distribution chart, China Gas Holdings ranks #369 out of 509 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, China Gas Holdings has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Gas Holdings' Return-on-Tangible-Asset compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, China Gas Holdings ranks #369 out of 509 companies for Return-on-Tangible-Asset. This places China Gas Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.30. China Gas Holdings' value of 1.85% is 43.9% below this benchmark. Historically, China Gas Holdings' own Return-on-Tangible-Asset has ranged from 1.85 to 9.73 over the past decade. While the company's 10-year median is 6.85 vs. the industry median of 3.30, China Gas 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 an Utilities - Regulated company?
The median Return-on-Tangible-Asset among Utilities - Regulated companies is 3.30, based on 509 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. China Gas Holdings's current Return-on-Tangible-Asset of 1.85% is 43.9% 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 China Gas Holdings and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Gas Holdings's current Return-on-Tangible-Asset is 1.85%, which is 73% below median its own 10-year median of 6.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Gas Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Gas Holdings (CGHOF) is currently considered Fairly Valued. The stock's GF Value™ is $1.20, compared to a current price of $0.95 — trading 21.1% below its estimated fair value. The current Return-on-Tangible-Asset is 1.85%, which is 73% below median its 10-year median of 6.85 and 43.9% below the Utilities - Regulated industry median of 3.30. China Gas Holdings' overall GF Score™ is 53/100 with 8 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 China Gas Holdings (CGHOF), the current Return-on-Tangible-Asset is 1.85% 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 China Gas Holdings (CGHOF) Overvalued in 2026?
Based on GuruFocus' analysis, China Gas Holdings stock appears to be undervalued.
The current stock price of $0.95 is trading 21.1% below its estimated GF Value™ of $1.20.
GuruFocus considers China Gas Holdings to be Fairly Valued.
Key valuation signals for CGHOF:
Return-on-Tangible-Asset: 1.85% (73% below median its 10-year median of 6.85)
GF Value™: $1.20 vs. price of $0.95 (21.1% below fair value)
Industry Position: 43.9% below the Utilities - Regulated median (#369 of 509)
No single metric tells the full story. See the CGHOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Gas Holdings is involved in the wholesale and retail businesses of natural gas and liquefied petroleum gas in China. As of fiscal 2025 (ended March 31, 2025), the group had secured a total of 662 piped gas concessions and 488 compressed natural gas/liquefied natural gas refilling stations for vehicles in China. In total, CGH has connected 48.5 million residential households and achieved a penetration rate of 72.9%.
53GF Score
Get the complete analysis for CGHOF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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