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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Greatime International Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was HK$-141.4 Mil.
Greatime International Holdings's average Total Assets over the quarter that ended in Dec. 2025 was HK$612.4 Mil. Therefore, Greatime International Holdings's annualized ROA % for the quarter that ended in Dec. 2025 was -23.08%.
Greatime International Holdings (HKSE:00844) 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 banks 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:
Note:
The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 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.
Greatime International Holdings ROA % Related Terms
Greatime International Holdings ROA % 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.
For the Apparel Manufacturing subindustry, Greatime International Holdings'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.
Greatime International Holdings ROA % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Greatime International Holdings's ROA % distribution charts can be found below:
* The bar in red indicates where Greatime International Holdings's ROA % 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 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 (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Greatime International Holdings (HKSE:00844) has a ROA % of -23.08% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Greatime International Holdings and its competitors. According to the industry distribution chart, Greatime International Holdings ranks #995 out of 1065 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 93.4%.
Is Greatime International Holdings' ROA % too high?
Greatime International Holdings' current ROA % is -23.08%. Based on the distribution chart, Greatime International Holdings ranks #995 out of 1065 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Greatime International Holdings has a GF Score™ of 39/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Greatime International Holdings' ROA % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Greatime International Holdings ranks #995 out of 1065 companies for ROA %. This places Greatime International Holdings in the lower half of its industry. The industry median ROA % is 2.07. 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 Manufacturing - Apparel & Accessories company?
The median ROA % among Manufacturing - Apparel & Accessories companies is 2.07, based on 1,065 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. 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 Greatime International Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROA % is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greatime International Holdings's current ROA % is -23.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greatime International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Greatime International Holdings (HKSE:00844) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.36, compared to a current price of HK$0.40 — trading 9.7% above its estimated fair value. The current ROA % is -23.08%. Greatime International Holdings' overall GF Score™ is 39/100 with 5 warning signs to review. 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 Greatime International Holdings (HKSE:00844), the current ROA % is -23.08% 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 Greatime International Holdings (HKSE:00844) Overvalued in 2026?
Based on GuruFocus' analysis, Greatime International Holdings stock appears to be overvalued.
The current stock price of HK$0.40 is trading 9.7% above its estimated GF Value™ of HK$0.36.
GuruFocus considers Greatime International Holdings to be Fairly Valued.
Key valuation signals for HKSE:00844:
ROA %: -23.08%
GF Value™: HK$0.36 vs. price of HK$0.40 (9.7% above fair value)
No single metric tells the full story. See the HKSE:00844 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Greatime International Holdings Ltd is an investment holding company. The company and its subsidiaries are engaged in the manufacturing and sales of and provision of processing services on innerwear products and knitted fabrics and provision of space measurement services, industrial drones and measurement robots. The company's reportable segments are: Innerwear Products, Knitted Fabrics and Space measurement services, industrial drones and measurement robots. The majority of the company's revenue is derived from the Innerwear products, which include the manufacturing and sale of and provision of processing services on innerwear products. Geographically, it generates the maximum revenue from Japan, and the rest from the PRC, Taiwan, the United States, Africa, Italy, Canada, and Hong Kong.
39GF Score
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