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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 Glass Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was HK$-10,240 Mil. China Glass Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was HK$11,197 Mil. Therefore, China Glass Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -91.45%.
The historical rank and industry rank for China Glass Holdings's Return-on-Tangible-Asset or its related term are showing as below:
HKSE:03300'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -47.25 Med: 0.67 Max: 8.68
Current: -43.71
During the past 13 years, China Glass Holdings's highest Return-on-Tangible-Asset was 8.68%. The lowest was -47.25%. And the median was 0.67%.
HKSE:03300's Return-on-Tangible-Asset is ranked worse than 97.58% of 413
companies
in the Building Materials industry
Industry Median: 2.51
vs HKSE:03300: -43.71
China Glass Holdings (HKSE:03300) 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 Glass Holdings Return-on-Tangible-Asset Related Terms
China Glass Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for China Glass 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.
China Glass Holdings Return-on-Tangible-Asset Chart
HKSE:03300 vs CRH, MLM, VMC: Return-on-Tangible-Asset Comparison
For the Building Materials subindustry, China Glass 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 Glass Holdings Return-on-Tangible-Asset vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, China Glass Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where China Glass 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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of -91.45% mean?
China Glass Holdings (HKSE:03300) has a Return-on-Tangible-Asset of -91.45% 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 China Glass Holdings and its competitors. According to the industry distribution chart, China Glass Holdings ranks #403 out of 413 companies in the Building Materials industry, placing it in the top 97.6%.
Is China Glass Holdings' Return-on-Tangible-Asset too high?
China Glass Holdings' current Return-on-Tangible-Asset is -91.45%. Based on the distribution chart, China Glass Holdings ranks #403 out of 413 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, China Glass Holdings has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Glass Holdings' Return-on-Tangible-Asset compare to CRH and MLM?
According to the Building Materials industry distribution chart, China Glass Holdings ranks #403 out of 413 companies for Return-on-Tangible-Asset. This places China Glass Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.51. 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 Building Materials company?
The median Return-on-Tangible-Asset among Building Materials companies is 2.51, based on 413 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. 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 Glass Holdings and its competitors. For the Building Materials industry, the median Return-on-Tangible-Asset is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Glass Holdings's current Return-on-Tangible-Asset is -91.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Glass Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Glass Holdings (HKSE:03300) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.21, compared to a current price of HK$0.32 — trading 52.4% above its estimated fair value. The current Return-on-Tangible-Asset is -91.45%. China Glass Holdings' overall GF Score™ is 43/100 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 China Glass Holdings (HKSE:03300), the current Return-on-Tangible-Asset is -91.45% 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 China Glass Holdings (HKSE:03300) Overvalued in 2026?
Based on GuruFocus' analysis, China Glass Holdings stock appears to be overvalued.
The current stock price of HK$0.32 is trading 52.4% above its estimated GF Value™ of HK$0.21.
GuruFocus considers China Glass Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:03300:
Return-on-Tangible-Asset: -91.45%
GF Value™: HK$0.21 vs. price of HK$0.32 (52.4% above fair value)
No single metric tells the full story. See the HKSE:03300 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Glass Holdings Ltd is involved in the production, marketing and distribution of glass and glass products, designing and installation of glass production lines, and the development of glass production technology. Its glass products cover clear glass, tinted glass, coated glass, energy-saving and new energy glass, used in construction, automotive, solar power generation, home furnishing, and home appliance sectors. Its segments consist of Clear glass products, Painted glass products, Coated glass products, Energy saving and new energy glass products, and Design and installation related service It derives majority of revenue from Clear glass products which produces, markets and distributes clear glass products.
43GF Score
Get the complete analysis for HKSE:03300
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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