CITIC Securities CoCIIHF 71 Return-on-Tangible-Asset is 1.92% as of Mar. 2026, which is 16% above its 10-year median of 1.65. GuruFocus rates CIIHF with a GF Score™ of 71/100 and a GF Value™ of $3.85. The stock has 2 warning signs investors should review. Among 815 Capital Markets companies, CITIC Securities Co ranks better than 53.13% 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. CITIC Securities Co's annualizedNet Income for the quarter that ended in Mar. 2026 was $5,929 Mil. CITIC Securities Co's average total tangible assets for the quarter that ended in Mar. 2026 was $308,967 Mil. Therefore, CITIC Securities Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.92%.
The historical rank and industry rank for CITIC Securities Co's Return-on-Tangible-Asset or its related term are showing as below:
CIIHF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.38 Med: 1.65 Max: 2
Current: 1.7
During the past 13 years, CITIC Securities Co's highest Return-on-Tangible-Asset was 2.00%. The lowest was 1.38%. And the median was 1.65%.
CIIHF's Return-on-Tangible-Asset is ranked better than 53.13% of 815
companies
in the Capital Markets industry
Industry Median: 1.54
vs CIIHF: 1.70
CITIC Securities Co (OTCPK:CIIHF) 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.
CITIC Securities Co Return-on-Tangible-Asset Related Terms
CITIC Securities Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CITIC Securities 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.
CITIC Securities Co Return-on-Tangible-Asset Chart
CIIHF vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, CITIC Securities 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.
CITIC Securities Co Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, CITIC Securities Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CITIC Securities Co'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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.92% mean?
CITIC Securities Co (CIIHF) has a Return-on-Tangible-Asset of 1.92% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on CITIC Securities Co and its competitors. This is 16% above median its historical median of 1.65. Over the past decade, CITIC Securities Co's Return-on-Tangible-Asset has ranged from 1.38 to 2.00. According to the industry distribution chart, CITIC Securities Co ranks #382 out of 815 companies in the Capital Markets industry, placing it in the top 46.9%.
Is CITIC Securities Co's Return-on-Tangible-Asset too high?
CITIC Securities Co's current Return-on-Tangible-Asset of 1.92% is 16% above median its 10-year median of 1.65. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 2.00. The Capital Markets industry median Return-on-Tangible-Asset is 1.54. CITIC Securities Co's value of 1.92% is 24.7% above this industry median. Based on the distribution chart, CITIC Securities Co ranks #382 out of 815 companies in the Capital Markets industry, which is above the industry midpoint. Overall, CITIC Securities Co has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does CITIC Securities Co's Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, CITIC Securities Co ranks #382 out of 815 companies for Return-on-Tangible-Asset. This puts CITIC Securities Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.54. CITIC Securities Co's value of 1.92% is 24.7% above this benchmark. Historically, CITIC Securities Co's own Return-on-Tangible-Asset has ranged from 1.38 to 2.00 over the past decade. While the company's 10-year median is 1.65 vs. the industry median of 1.54, CITIC Securities 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 a Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.54, based on 815 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. CITIC Securities Co's current Return-on-Tangible-Asset of 1.92% is 24.7% 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 CITIC Securities Co and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CITIC Securities Co's current Return-on-Tangible-Asset is 1.92%, which is 16% above median its own 10-year median of 1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CITIC Securities Co stock overvalued right now?
CITIC Securities Co (CIIHF) has a current Return-on-Tangible-Asset of 1.92%. The stock's GF Value™ is $3.85, compared to a current price of $3.50 — trading 9.1% below its estimated fair value. The current Return-on-Tangible-Asset is 1.92%, which is 16% above median its 10-year median of 1.65 and 24.7% above the Capital Markets industry median of 1.54. CITIC Securities Co's overall GF Score™ is 71/100 with 2 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 CITIC Securities Co (CIIHF), the current Return-on-Tangible-Asset is 1.92% 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 CITIC Securities Co (CIIHF) Overvalued in 2026?
Based on GuruFocus' analysis, CITIC Securities Co stock appears to be undervalued.
The current stock price of $3.50 is trading 9.1% below its estimated GF Value™ of $3.85.
Key valuation signals for CIIHF:
Return-on-Tangible-Asset: 1.92% (16% above median its 10-year median of 1.65)
GF Value™: $3.85 vs. price of $3.50 (9.1% below fair value)
Industry Position: 24.7% above the Capital Markets median (#382 of 815)
No single metric tells the full story. See the CIIHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CITIC Securities Co Ltd is a brokerage and investment group that provides brokerage, underwriting and sponsoring, proprietary trading, investment banking, asset management, investment advisory, Margin financing and securities lending, Stock option market-making, and other services. The company has five reportable segments, namely Investment Banking, Brokerage, Trading, Asset Management, and Others. The company derives maximum revenue from the Trading segment.
71GF Score
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