Brainhole Technology (HKSE:02203) Return-on-Tangible-Asset: 27.78% (As of Jun. 2026)

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.

HKSE:02203 Brainhole Technology Ltd HKSE:02203
26 GF Score
Price HK$0.14
GF Value HK$0.05
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Brainhole Technology Return-on-Tangible-Asset?

Brainhole Technology HKSE:02203 +21.05% 26 Return-on-Tangible-Asset is 27.78% as of Jun. 2026. GuruFocus rates HKSE:02203 with a GF Score™ of 26/100 and a GF Value™ of HK$0.05 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,039 Semiconductors companies, Brainhole Technology ranks worse than 62.56% 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. Brainhole Technology's annualized Net Income for the quarter that ended in Jun. 2026 was HK$36.02 Mil. Brainhole Technology's average total tangible assets for the quarter that ended in Jun. 2026 was HK$0.00 Mil. Therefore, Brainhole Technology's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 27.78%.

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

HKSE:02203' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -59.43   Med: -13.32   Max: 19.61
Current: 0.55

During the past 13 years, Brainhole Technology's highest Return-on-Tangible-Asset was 19.61%. The lowest was -59.43%. And the median was -13.32%.

HKSE:02203's Return-on-Tangible-Asset is ranked worse than
62.56% of 1039 companies
in the Semiconductors industry
Industry Median: 3.85 vs HKSE:02203: 0.55

Brainhole Technology  (HKSE:02203) 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.


Brainhole Technology Return-on-Tangible-Asset Related Terms


Brainhole Technology Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Brainhole Technology'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.

Brainhole Technology Return-on-Tangible-Asset Chart

Brainhole Technology 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 -14.31 -16.83 -11.17 -59.43 -25.54

Brainhole Technology Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.45 -111.90 -24.06 -27.32 27.78

HKSE:02203 vs NVDA, AVGO, MU: Return-on-Tangible-Asset Comparison

For the Semiconductors subindustry, Brainhole Technology'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.


Brainhole Technology Return-on-Tangible-Asset vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Brainhole Technology's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Brainhole Technology's Return-on-Tangible-Asset falls into.


HKSE:02203
26GF Score
Brainhole Technology Ltd HKSE:02203
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Brainhole Technology Return-on-Tangible-Asset Calculation

Brainhole Technology'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 )
=-34.525/( (+)/ 1 )
=-34.525/0
=N/A %

Brainhole Technology's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Dec. 2025 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Dec. 2025 )(Q: Jun. 2026 )
=36.016/( (+)/ 1 )
=36.016/0
=N/A %

* 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 (Jun. 2026) net income data.

What does a Return-on-Tangible-Asset of 27.78% mean?
Brainhole Technology (HKSE:02203) has a Return-on-Tangible-Asset of 27.78% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Brainhole Technology and its competitors. According to the industry distribution chart, Brainhole Technology ranks #650 out of 1039 companies in the Semiconductors industry, placing it in the top 62.6%.
Is Brainhole Technology's Return-on-Tangible-Asset too high?
Brainhole Technology's current Return-on-Tangible-Asset is 27.78%. The Semiconductors industry median Return-on-Tangible-Asset is 3.85. Brainhole Technology's value of 27.78% is 621.6% above this industry median. Based on the distribution chart, Brainhole Technology ranks #650 out of 1039 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Brainhole Technology has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Brainhole Technology's Return-on-Tangible-Asset compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Brainhole Technology ranks #650 out of 1039 companies for Return-on-Tangible-Asset. This places Brainhole Technology in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.85. Brainhole Technology's value of 27.78% is 621.6% above this benchmark. 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 3.85, based on 1,039 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. Brainhole Technology's current Return-on-Tangible-Asset of 27.78% is 621.6% 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 Brainhole Technology and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 3.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brainhole Technology's current Return-on-Tangible-Asset is 27.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brainhole Technology stock overvalued right now?
Based on GuruFocus' analysis, Brainhole Technology (HKSE:02203) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.14 — trading 176% above its estimated fair value. The current Return-on-Tangible-Asset is 27.78% and 621.6% above the Semiconductors industry median of 3.85. Brainhole Technology's overall GF Score™ is 26/100 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 Brainhole Technology (HKSE:02203), the current Return-on-Tangible-Asset is 27.78% as of Jun. 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 Brainhole Technology (HKSE:02203) Overvalued in 2026?

Based on GuruFocus' analysis, Brainhole Technology stock appears to be overvalued. The current stock price of HK$0.14 is trading 176% above its estimated GF Value™ of HK$0.05. GuruFocus considers Brainhole Technology to be Significantly Overvalued.

Key valuation signals for HKSE:02203:

  • Return-on-Tangible-Asset: 27.78%
  • GF Value™: HK$0.05 vs. price of HK$0.14 (176% above fair value)
  • GF Score™: 26/100 with 6 warning signs
  • Industry Position: 621.6% above the Semiconductors median (#650 of 1039)

No single metric tells the full story. See the HKSE:02203 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Brainhole Technology Business Description

Address 979 King’s Road, One Taikoo Place, Suites 1801-03, 18th Floor, Quarry Bay, Hong Kong, HKG
Brainhole Technology Ltd is a provider of smart communication infrastructure services in mainland China, focusing on offering products and solutions in the fields of smart homes, smart communities, and smart cities, addressing users software and hardware needs for smart products. The company is also engaged in broadband infrastructure construction and the provision of integrated solutions for smart domain applications (including smart home, smart campus and smart communities) in PRC. Its smart domain solution includes hardware for security and identification purposes, software for residence management, energy saving and community services. Its segments include the Semiconductor business, Broadband infrastructure and smart domain, and the Strategic investments segment.
26GF Score

Get the complete analysis for HKSE:02203

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

HK$0.14
Price
HK$0.05
GF Value