Brilliance China Automotive Holdings (HAM:CBA) Return-on-Tangible-Asset: 2.25% (As of Dec. 2025) — 83% Below Median


HAM:CBA Brilliance China Automotive Holdings Ltd HAM:CBA
70 GF Score
Price €0.22
GF Value €0.48
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Brilliance China Automotive Holdings Return-on-Tangible-Asset?

Brilliance China Automotive Holdings HAM:CBA -0.09% 70 Return-on-Tangible-Asset is 2.25% as of Dec. 2025, which is 83% below its 10-year median of 13.22. GuruFocus rates HAM:CBA with a GF Score™ of 70/100 and a GF Value™ of €0.48 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,332 Vehicles & Parts companies, Brilliance China Automotive Holdings ranks better than 79.43% 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. Brilliance China Automotive Holdings's annualized Net Income for the quarter that ended in Dec. 2025 was €68.9 Mil. Brilliance China Automotive Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was €3,060.3 Mil. Therefore, Brilliance China Automotive Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 2.25%.

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

HAM:CBA' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.02   Med: 13.22   Max: 25.02
Current: 7.55

During the past 13 years, Brilliance China Automotive Holdings's highest Return-on-Tangible-Asset was 25.02%. The lowest was 0.02%. And the median was 13.22%.

HAM:CBA's Return-on-Tangible-Asset is ranked better than
79.43% of 1332 companies
in the Vehicles & Parts industry
Industry Median: 3.125 vs HAM:CBA: 7.55

Brilliance China Automotive Holdings  (HAM:CBA) 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.


Brilliance China Automotive Holdings Return-on-Tangible-Asset Related Terms


Brilliance China Automotive Holdings Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Brilliance China Automotive 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.

Brilliance China Automotive Holdings Return-on-Tangible-Asset Chart

Brilliance China Automotive Holdings 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 25.83 13.43 13.65 7.49 7.27

Brilliance China Automotive Holdings 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 14.30 5.69 8.55 11.61 2.25

HAM:CBA vs TSLA, GM, F: Return-on-Tangible-Asset Comparison

For the Auto Manufacturers subindustry, Brilliance China Automotive 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.


Brilliance China Automotive Holdings Return-on-Tangible-Asset vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Brilliance China Automotive Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Brilliance China Automotive Holdings's Return-on-Tangible-Asset falls into.


HAM:CBA
70GF Score
Brilliance China Automotive Holdings Ltd HAM:CBA
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Brilliance China Automotive Holdings Return-on-Tangible-Asset Calculation

Brilliance China Automotive Holdings'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 )
=240.768/( (3791.103+2834.998)/ 2 )
=240.768/3313.0505
=7.27 %

Brilliance China Automotive Holdings'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 )
=68.94/( (3285.509+2834.998)/ 2 )
=68.94/3060.2535
=2.25 %

* 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 2.25% mean?
Brilliance China Automotive Holdings (HAM:CBA) has a Return-on-Tangible-Asset of 2.25% 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 Brilliance China Automotive Holdings and its competitors. This is 83% below median its historical median of 13.22. Over the past decade, Brilliance China Automotive Holdings' Return-on-Tangible-Asset has ranged from 0.02 to 25.02. According to the industry distribution chart, Brilliance China Automotive Holdings ranks #274 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 20.6%.
Is Brilliance China Automotive Holdings' Return-on-Tangible-Asset too high?
Brilliance China Automotive Holdings' current Return-on-Tangible-Asset of 2.25% is 83% below median its 10-year median of 13.22. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 25.02. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.13. Brilliance China Automotive Holdings' value of 2.25% is 28% below this industry median. Based on the distribution chart, Brilliance China Automotive Holdings ranks #274 out of 1332 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Brilliance China Automotive Holdings has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Brilliance China Automotive Holdings' Return-on-Tangible-Asset compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Brilliance China Automotive Holdings ranks #274 out of 1332 companies for Return-on-Tangible-Asset. This places Brilliance China Automotive Holdings in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.13. Brilliance China Automotive Holdings' value of 2.25% is 28% below this benchmark. Historically, Brilliance China Automotive Holdings' own Return-on-Tangible-Asset has ranged from 0.02 to 25.02 over the past decade. While the company's 10-year median is 13.22 vs. the industry median of 3.13, Brilliance China Automotive 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.13, based on 1,332 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. Brilliance China Automotive Holdings's current Return-on-Tangible-Asset of 2.25% is 28% 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 Brilliance China Automotive Holdings and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brilliance China Automotive Holdings's current Return-on-Tangible-Asset is 2.25%, which is 83% below median its own 10-year median of 13.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brilliance China Automotive Holdings stock overvalued right now?
Based on GuruFocus' analysis, Brilliance China Automotive Holdings (HAM:CBA) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.48, compared to a current price of €0.22 — trading 53.4% below its estimated fair value. The current Return-on-Tangible-Asset is 2.25%, which is 83% below median its 10-year median of 13.22 and 28% below the Vehicles & Parts industry median of 3.13. Brilliance China Automotive Holdings' overall GF Score™ is 70/100 with 4 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 Brilliance China Automotive Holdings (HAM:CBA), the current Return-on-Tangible-Asset is 2.25% 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 Brilliance China Automotive Holdings (HAM:CBA) Overvalued in 2026?

Based on GuruFocus' analysis, Brilliance China Automotive Holdings stock appears to be undervalued. The current stock price of €0.22 is trading 53.4% below its estimated GF Value™ of €0.48. GuruFocus considers Brilliance China Automotive Holdings to be Significantly Undervalued.

Key valuation signals for HAM:CBA:

  • Return-on-Tangible-Asset: 2.25% (83% below median its 10-year median of 13.22)
  • GF Value™: €0.48 vs. price of €0.22 (53.4% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 28% below the Vehicles & Parts median (#274 of 1332)

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


Brilliance China Automotive Holdings Business Description

Address 2 Murray Road, Unit 3303, 33rd Floor, The Henderson, Central, Hong Kong, HKG
Brilliance China Automotive Holdings Ltd is a provincial state-owned enterprise that manufactures passenger vehicles, minibuses, and automotive components. The company's operating profits come from the passenger vehicle joint venture with BMW. The activities of the Company and its subsidiaries are the manufacture and sale of BMW vehicles and components in the PRC through its associate, BMW Brilliance Automotive Ltd. The company is also engaged in the manufacture and sale of non-BMW vehicles and automotive components through its other subsidiaries.
70GF Score

Get the complete analysis for HAM:CBA

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

€0.22
Price
€0.48
GF Value