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.
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.
China Gold International ResourcesTSX:CGG -1.35%75 Return-on-Tangible-Asset is 30.03% as of Mar. 2026, which is 1310% above its 10-year median of 2.13. GuruFocus rates TSX:CGG with a GF Score™ of 75/100 and a GF Value™ of C$20.88 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,668 Metals & Mining companies, China Gold International Resources ranks better than 93.74% on this metric.
The historical rank and industry rank for China Gold International Resources's Return-on-Tangible-Asset or its related term are showing as below:
TSX:CGG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.02 Med: 2.13 Max: 19.53
Current: 19.53
During the past 13 years, China Gold International Resources's highest Return-on-Tangible-Asset was 19.53%. The lowest was -1.02%. And the median was 2.13%.
TSX:CGG's Return-on-Tangible-Asset is ranked better than 93.74% of 2668
companies
in the Metals & Mining industry
Industry Median: -17.41
vs TSX:CGG: 19.53
China Gold International Resources (TSX:CGG) 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 Gold International Resources Return-on-Tangible-Asset Related Terms
China Gold International Resources Return-on-Tangible-Asset Historical Data
* 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 Gold International Resources Return-on-Tangible-Asset Chart
TSX:CGG vs HL: Return-on-Tangible-Asset Comparison
For the Other Precious Metals & Mining subindustry, China Gold International Resources'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 Gold International Resources Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, China Gold International Resources's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where China Gold International Resources'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 30.03% mean?
China Gold International Resources (TSX:CGG) has a Return-on-Tangible-Asset of 30.03% 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 Gold International Resources and its competitors. This is 1310% above median its historical median of 2.13. According to the industry distribution chart, China Gold International Resources ranks #167 out of 2668 companies in the Metals & Mining industry, placing it in the top 6.3%.
Is China Gold International Resources' Return-on-Tangible-Asset too high?
China Gold International Resources' current Return-on-Tangible-Asset of 30.03% is 1310% above median its 10-year median of 2.13. Based on the distribution chart, China Gold International Resources ranks #167 out of 2668 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, China Gold International Resources has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Gold International Resources' Return-on-Tangible-Asset compare to HL?
According to the Metals & Mining industry distribution chart, China Gold International Resources ranks #167 out of 2668 companies for Return-on-Tangible-Asset. This places China Gold International Resources in the top 6% of its industry — outperforming the majority of peers. 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 Metals & Mining company?
A good Return-on-Tangible-Asset depends on the Metals & Mining industry context. 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 Gold International Resources and its competitors. China Gold International Resources's current Return-on-Tangible-Asset is 30.03%, which is 1310% above median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Gold International Resources stock overvalued right now?
Based on GuruFocus' analysis, China Gold International Resources (TSX:CGG) is currently considered Modestly Overvalued. The stock's GF Value™ is C$20.88, compared to a current price of C$24.78 — trading 18.7% above its estimated fair value. The current Return-on-Tangible-Asset is 30.03%, which is 1310% above median its 10-year median of 2.13. China Gold International Resources' overall GF Score™ is 75/100 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 China Gold International Resources (TSX:CGG), the current Return-on-Tangible-Asset is 30.03% 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 Gold International Resources (TSX:CGG) Overvalued in 2026?
Based on GuruFocus' analysis, China Gold International Resources stock appears to be overvalued.
The current stock price of C$24.78 is trading 18.7% above its estimated GF Value™ of C$20.88.
GuruFocus considers China Gold International Resources to be Modestly Overvalued.
Key valuation signals for TSX:CGG:
Return-on-Tangible-Asset: 30.03% (1310% above median its 10-year median of 2.13)
GF Value™: C$20.88 vs. price of C$24.78 (18.7% above fair value)
No single metric tells the full story. See the TSX:CGG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Gold International Resources Business Description
China Gold International Resources Corp Ltd is a company engaged in acquiring, developing, and mining mineral reserves in China. The company operates two producing mines in China: the CSH Gold Mine in Inner Mongolia Region, and the Jiama Copper-Polymetallic Mine in Tibet Region. Geographically, the Group's revenue is generated from gold sales and copper multi-products to customers in the PRC. It has two operating segments: The mine-produced gold segment consists of the production of gold dore bars through mining, metallurgical processing, production and selling of gold dore bars; and The mine-produced copper concentrate segment includes the production of copper concentrate including other by-products through mining, metallurgical processing, production and selling copper concentrate.
75GF Score
Get the complete analysis for TSX:CGG
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSX:CGG has been successfully added to your 
