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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 Brilliant Global's annualizedNet Income for the quarter that ended in Mar. 2026 was HK$11.7 Mil. China Brilliant Global's average total tangible assets for the quarter that ended in Mar. 2026 was HK$400.6 Mil. Therefore, China Brilliant Global's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.92%.
The historical rank and industry rank for China Brilliant Global's Return-on-Tangible-Asset or its related term are showing as below:
HKSE:08026'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -42.61 Med: -23.87 Max: 22.39
Current: 2.39
During the past 13 years, China Brilliant Global's highest Return-on-Tangible-Asset was 22.39%. The lowest was -42.61%. And the median was -23.87%.
HKSE:08026's Return-on-Tangible-Asset is ranked worse than 55.01% of 1138
companies
in the Retail - Cyclical industry
Industry Median: 2.98
vs HKSE:08026: 2.39
China Brilliant Global (HKSE:08026) 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 Brilliant Global Return-on-Tangible-Asset Related Terms
China Brilliant Global Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for China Brilliant Global'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 Brilliant Global Return-on-Tangible-Asset Chart
HKSE:08026 vs TPR: Return-on-Tangible-Asset Comparison
For the Luxury Goods subindustry, China Brilliant Global'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 Brilliant Global Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, China Brilliant Global's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where China Brilliant Global'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 2.92% mean?
China Brilliant Global (HKSE:08026) has a Return-on-Tangible-Asset of 2.92% 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 China Brilliant Global and its competitors. According to the industry distribution chart, China Brilliant Global ranks #626 out of 1138 companies in the Retail - Cyclical industry, placing it in the top 55%.
Is China Brilliant Global's Return-on-Tangible-Asset too high?
China Brilliant Global's current Return-on-Tangible-Asset is 2.92%. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.98. China Brilliant Global's value of 2.92% is 2% below this industry median. Based on the distribution chart, China Brilliant Global ranks #626 out of 1138 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, China Brilliant Global has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Brilliant Global's Return-on-Tangible-Asset compare to TPR?
According to the Retail - Cyclical industry distribution chart, China Brilliant Global ranks #626 out of 1138 companies for Return-on-Tangible-Asset. This places China Brilliant Global in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.98. China Brilliant Global's value of 2.92% is 2% below 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 2.98, based on 1,138 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 Brilliant Global's current Return-on-Tangible-Asset of 2.92% is 2% 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 Brilliant Global and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Brilliant Global's current Return-on-Tangible-Asset is 2.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Brilliant Global stock overvalued right now?
Based on GuruFocus' analysis, China Brilliant Global (HKSE:08026) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.35, compared to a current price of HK$0.30 — trading 14.3% below its estimated fair value. The current Return-on-Tangible-Asset is 2.92% and 2% below the Retail - Cyclical industry median of 2.98. China Brilliant Global's overall GF Score™ is 43/100 with 5 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 Brilliant Global (HKSE:08026), the current Return-on-Tangible-Asset is 2.92% 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 China Brilliant Global (HKSE:08026) Overvalued in 2026?
Based on GuruFocus' analysis, China Brilliant Global stock appears to be undervalued.
The current stock price of HK$0.30 is trading 14.3% below its estimated GF Value™ of HK$0.35.
GuruFocus considers China Brilliant Global to be Modestly Undervalued.
Key valuation signals for HKSE:08026:
Return-on-Tangible-Asset: 2.92%
GF Value™: HK$0.35 vs. price of HK$0.30 (14.3% below fair value)
Industry Position: 2% below the Retail - Cyclical median (#626 of 1138)
No single metric tells the full story. See the HKSE:08026 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Brilliant Global Ltd engages in wholesale and retailing of jewellery, money lending, trading and related businesses. The company operates its business through segments namely gold and jewellery business segment; Lending business, and Property management services business, and the trading business. The gold and jewellery business segment contributes maximum in the revenue of the company. The company generates its maximum revenue from PRC.
43GF Score
Get the complete analysis for HKSE:08026
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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