GIT (Going International Holding Co) ROA %: 30.72% (As of Mar. 2025)


What is Going International Holding Co ROA %?

Going International Holding Co GIT ROA % is 30.72% as of Mar. 2025.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Going International Holding Co's annualized Net Income for the quarter that ended in Mar. 2025 was $6.95 Mil. Going International Holding Co's average Total Assets over the quarter that ended in Mar. 2025 was $22.61 Mil. Therefore, Going International Holding Co's annualized ROA % for the quarter that ended in Mar. 2025 was 30.72%.

The historical rank and industry rank for Going International Holding Co's ROA % or its related term are showing as below:

GIT's ROA % is not ranked *
in the Software industry.
Industry Median: 1.68
* Ranked among companies with meaningful ROA % only.

Going International Holding Co  (NAS:GIT) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2025 )
=Net Income/Total Assets
=6.946/22.6115
=(Net Income / Revenue)*(Revenue / Total Assets)
=(6.946 / 14.95)*(14.95 / 22.6115)
=Net Margin %*Asset Turnover
=46.46 %*0.6612
=30.72 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2025) net income data. The Revenue data used here is two times the semi-annual (Mar. 2025) revenue 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Going International Holding Co ROA % Related Terms


Going International Holding Co ROA % Historical Data

* Premium members only.

The historical data trend for Going International Holding Co's ROA % 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.

Going International Holding Co ROA % Chart

Going International Holding Co Annual Data
Trend Sep21 Sep22 Sep23
ROA %
7.48 51.84 44.64

Going International Holding Co Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
ROA % Get a 7-Day Free Trial 52.99 34.85 41.39 44.67 30.72

GIT vs : ROA % Comparison

For the Software - Application subindustry, Going International Holding Co's ROA %, along with its competitors' market caps and ROA % 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.


Going International Holding Co ROA % vs Software Industry

For the Software industry and Technology sector, Going International Holding Co's ROA % distribution charts can be found below:

* The bar in red indicates where Going International Holding Co's ROA % falls into.



Going International Holding Co ROA % Calculation

Going International Holding Co's annualized ROA % for the fiscal year that ended in Sep. 2023 is calculated as:

ROA %=Net Income (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=4.08/( (5.75+12.53)/ 2 )
=4.08/9.14
=44.64 %

Going International Holding Co's annualized ROA % for the quarter that ended in Mar. 2025 is calculated as:

ROA %=Net Income (Q: Mar. 2025 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=6.946/( (20.985+24.238)/ 2 )
=6.946/22.6115
=30.72 %

* 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 ROA %, the net income of the last fiscal year and the average total 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. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 30.72% mean?
Going International Holding Co (GIT) has a ROA % of 30.72% as of Mar. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Going International Holding Co and its competitors.
Is Going International Holding Co's ROA % too high?
Going International Holding Co's current ROA % is 30.72%. The Software industry median ROA % is 1.68. Going International Holding Co's value of 30.72% is 1728.6% above this industry median.
How does Going International Holding Co's ROA % compare to ?
Going International Holding Co's ROA % of 30.72% can be compared against companies in the Software industry. The industry median ROA % is 1.68. Going International Holding Co's value of 30.72% is 1728.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Software company?
The median ROA % among Software companies is 1.68, based on 2,885 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Going International Holding Co's current ROA % of 30.72% is 1728.6% above 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Going International Holding Co and its competitors. For the Software industry, the median ROA % is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Going International Holding Co's current ROA % is 30.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Going International Holding Co stock overvalued right now?
Going International Holding Co (GIT) has a current ROA % of 30.72%. The current ROA % is 30.72% and 1728.6% above the Software industry median of 1.68. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Going International Holding Co (GIT), the current ROA % is 30.72% as of Mar. 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.

Going International Holding Co Business Description

Comparable Companies
Address No. 3099 Keyuan South Road, Yuehai Street, 46F, China Energy Storage Building, High-tech Zone Community, Nanshan District, Shenzhen, CHN
Going International Holding Co Ltd is a back-testing solution engaged in quantitative trading strategies development and related services. It offers back-testing SaaS platform, enterprise management SaaS solutions and software system development services. Back-testing SaaS platform integrates data, strategies, and distributed task scheduling for computing power resources to provide customers with high-performance back-testing tools and computing power services to test the effectiveness of investment strategies. Enterprise management SaaS products offer innovative and comprehensive functionalities including omni-channel marketing, customer relationship management, and business reporting.