China Gas HoldingsCGHOF -3.14%75 Return-on-Tangible-Equity is 5.45% as of Sep. 2025, which is 77% below its 10-year median of 23.68. GuruFocus rates CGHOF with a GF Score™ of 75/100 and a GF Value™ of $1.25 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 496 Utilities - Regulated companies, China Gas Holdings ranks worse than 74.19% 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 Gas Holdings's annualized net income for the quarter that ended in Sep. 2025 was $343 Mil. China Gas Holdings's average shareholder tangible equity for the quarter that ended in Sep. 2025 was $6,290 Mil. Therefore, China Gas Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 was 5.45%.
The historical rank and industry rank for China Gas Holdings's Return-on-Tangible-Equity or its related term are showing as below:
CGHOF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.48 Med: 23.68 Max: 38.08
Current: 5.48
During the past 13 years, China Gas Holdings's highest Return-on-Tangible-Equity was 38.08%. The lowest was 5.48%. And the median was 23.68%.
CGHOF's Return-on-Tangible-Equity is ranked worse than 74.19% of 496
companies
in the Utilities - Regulated industry
Industry Median: 10.91
vs CGHOF: 5.48
China Gas Holdings (OTCPK:CGHOF) 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 Gas Holdings Return-on-Tangible-Equity Related Terms
China Gas Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for China Gas Holdings'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 Gas Holdings Return-on-Tangible-Equity Chart
CGHOF vs ATO, NI: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Gas subindustry, China Gas Holdings'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 Gas Holdings Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, China Gas Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where China Gas Holdings'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 (Sep. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 5.45% mean?
China Gas Holdings (CGHOF) has a Return-on-Tangible-Equity of 5.45% as of Sep. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on China Gas Holdings and its competitors. This is 77% below median its historical median of 23.68. Over the past decade, China Gas Holdings' Return-on-Tangible-Equity has ranged from 5.48 to 38.08. According to the industry distribution chart, China Gas Holdings ranks #368 out of 496 companies in the Utilities - Regulated industry, placing it in the top 74.2%.
Is China Gas Holdings' Return-on-Tangible-Equity too high?
China Gas Holdings' current Return-on-Tangible-Equity of 5.45% is 77% below median its 10-year median of 23.68. Over the past 10 years, this metric has ranged from a low of 5.48 to a high of 38.08. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.91. China Gas Holdings' value of 5.45% is 50% below this industry median. Based on the distribution chart, China Gas Holdings ranks #368 out of 496 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, China Gas Holdings has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Gas Holdings' Return-on-Tangible-Equity compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, China Gas Holdings ranks #368 out of 496 companies for Return-on-Tangible-Equity. This places China Gas Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.91. China Gas Holdings' value of 5.45% is 50% below this benchmark. Historically, China Gas Holdings' own Return-on-Tangible-Equity has ranged from 5.48 to 38.08 over the past decade. While the company's 10-year median is 23.68 vs. the industry median of 10.91, China Gas Holdings 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 10.91, based on 496 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 Gas Holdings's current Return-on-Tangible-Equity of 5.45% is 50% 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 Gas Holdings and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Gas Holdings's current Return-on-Tangible-Equity is 5.45%, which is 77% below median its own 10-year median of 23.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Gas Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Gas Holdings (CGHOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.25, compared to a current price of $0.95 — trading 24.3% below its estimated fair value. The current Return-on-Tangible-Equity is 5.45%, which is 77% below median its 10-year median of 23.68 and 50% below the Utilities - Regulated industry median of 10.91. China Gas Holdings' overall GF Score™ is 75/100 with 8 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 Gas Holdings (CGHOF), the current Return-on-Tangible-Equity is 5.45% as of Sep. 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 Gas Holdings (CGHOF) Overvalued in 2026?
Based on GuruFocus' analysis, China Gas Holdings stock appears to be undervalued.
The current stock price of $0.95 is trading 24.3% below its estimated GF Value™ of $1.25.
GuruFocus considers China Gas Holdings to be Modestly Undervalued.
Key valuation signals for CGHOF:
Return-on-Tangible-Equity: 5.45% (77% below median its 10-year median of 23.68)
GF Value™: $1.25 vs. price of $0.95 (24.3% below fair value)
Industry Position: 50% below the Utilities - Regulated median (#368 of 496)
No single metric tells the full story. See the CGHOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Gas Holdings is involved in the wholesale and retail businesses of natural gas and liquefied petroleum gas in China. As of fiscal 2025 (ended March 31, 2025), the group had secured a total of 662 piped gas concessions and 488 compressed natural gas/liquefied natural gas refilling stations for vehicles in China. In total, CGH has connected 48.5 million residential households and achieved a penetration rate of 72.9%.
75GF Score
Get the complete analysis for CGHOF
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CGHOF has been successfully added to your 
