China Resources Gas GroupCGASY 65 Return-on-Tangible-Equity is 6.69% as of Dec. 2025, which is 62% below its 10-year median of 17.65. GuruFocus rates CGASY with a GF Scoreâ„¢ of 65/100 and a GF Valueâ„¢ of $35.03 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 497 Utilities - Regulated companies, China Resources Gas Group ranks worse than 51.31% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. China Resources Gas Group's annualized net income for the quarter that ended in Dec. 2025 was $294 Mil. China Resources Gas Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $4,396 Mil. Therefore, China Resources Gas Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 6.69%.
The historical rank and industry rank for China Resources Gas Group's Return-on-Tangible-Equity or its related term are showing as below:
CGASY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.61 Med: 17.65 Max: 23.56
Current: 10.61
During the past 13 years, China Resources Gas Group's highest Return-on-Tangible-Equity was 23.56%. The lowest was 10.61%. And the median was 17.65%.
CGASY's Return-on-Tangible-Equity is ranked worse than 51.31% of 497
companies
in the Utilities - Regulated industry
Industry Median: 10.9
vs CGASY: 10.61
China Resources Gas Group (OTCPK:CGASY) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
China Resources Gas Group Return-on-Tangible-Equity Related Terms
China Resources Gas Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for China Resources Gas Group's Return-on-Tangible-Equity 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 Resources Gas Group Return-on-Tangible-Equity Chart
CGASY vs ATO, NI: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Gas subindustry, China Resources Gas Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Resources Gas Group Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, China Resources Gas Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where China Resources Gas Group's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 6.69% mean?
China Resources Gas Group (CGASY) has a Return-on-Tangible-Equity of 6.69% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on China Resources Gas Group and its competitors. This is 62% below median its historical median of 17.65. Over the past decade, China Resources Gas Group's Return-on-Tangible-Equity has ranged from 10.61 to 23.56. According to the industry distribution chart, China Resources Gas Group ranks #255 out of 497 companies in the Utilities - Regulated industry, placing it in the top 51.3%.
Is China Resources Gas Group's Return-on-Tangible-Equity too high?
China Resources Gas Group's current Return-on-Tangible-Equity of 6.69% is 62% below median its 10-year median of 17.65. Over the past 10 years, this metric has ranged from a low of 10.61 to a high of 23.56. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.90. China Resources Gas Group's value of 6.69% is 38.6% below this industry median. Based on the distribution chart, China Resources Gas Group ranks #255 out of 497 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, China Resources Gas Group has a GF Scoreâ„¢ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Resources Gas Group's Return-on-Tangible-Equity compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, China Resources Gas Group ranks #255 out of 497 companies for Return-on-Tangible-Equity. This places China Resources Gas Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.90. China Resources Gas Group's value of 6.69% is 38.6% below this benchmark. Historically, China Resources Gas Group's own Return-on-Tangible-Equity has ranged from 10.61 to 23.56 over the past decade. While the company's 10-year median is 17.65 vs. the industry median of 10.90, China Resources Gas Group 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-Equity for an Utilities - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.90, based on 497 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Resources Gas Group's current Return-on-Tangible-Equity of 6.69% is 38.6% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on China Resources Gas Group and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Resources Gas Group's current Return-on-Tangible-Equity is 6.69%, which is 62% below median its own 10-year median of 17.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Gas Group stock overvalued right now?
Based on GuruFocus' analysis, China Resources Gas Group (CGASY) is currently considered Possible Value Trap. The stock's GF Value™ is $35.03, compared to a current price of $20.46 — trading 41.6% below its estimated fair value. The current Return-on-Tangible-Equity is 6.69%, which is 62% below median its 10-year median of 17.65 and 38.6% below the Utilities - Regulated industry median of 10.90. China Resources Gas Group's overall GF Score™ is 65/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For China Resources Gas Group (CGASY), the current Return-on-Tangible-Equity is 6.69% 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 Resources Gas Group (CGASY) Overvalued in 2026?
Based on GuruFocus' analysis, China Resources Gas Group stock appears to be undervalued.
The current stock price of $20.46 is trading 41.6% below its estimated GF Value™ of $35.03.
GuruFocus considers China Resources Gas Group to be Possible Value Trap.
Key valuation signals for CGASY:
Return-on-Tangible-Equity: 6.69% (62% below median its 10-year median of 17.65)
GF Value™: $35.03 vs. price of $20.46 (41.6% below fair value)
Industry Position: 38.6% below the Utilities - Regulated median (#255 of 497)
No single metric tells the full story. See the CGASY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Resources Gas Group is a leading gas utilities group in China engaged in city gas distribution, including piped natural gas distribution and natural gas filling stations. At the end of 2025, CRG's portfolio comprised 275 city gas projects in China. The firm achieved annual gas sales volume of 40.2 billion cubic meters and has connected 62.7 million residential customers.
65GF Score
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