GigaDevice Semiconductor (HKSE:03986) ROA %: 61.95% (As of Jun. 2026) — 372% Above Median

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HKSE:03986 GigaDevice Semiconductor Inc HKSE:03986
69 GF Score
Price HK$464.80
GF Value HK$366.05
Valuation Fairly Valued
! 5 Warning Signs
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What is GigaDevice Semiconductor ROA %?

GigaDevice Semiconductor HKSE:03986 -0.43% 69 ROA % is 61.95% as of Jun. 2026, which is 372% above its 10-year median of 13.12. GuruFocus rates HKSE:03986 with a GF Score™ of 69/100 and a GF Value™ of HK$366.05 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,034 Semiconductors companies, GigaDevice Semiconductor ranks better than 96.62% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. GigaDevice Semiconductor's annualized Net Income for the quarter that ended in Jun. 2026 was HK$24,964 Mil. GigaDevice Semiconductor's average Total Assets over the quarter that ended in Jun. 2026 was HK$40,296 Mil. Therefore, GigaDevice Semiconductor's annualized ROA % for the quarter that ended in Jun. 2026 was 61.95%.

The historical rank and industry rank for GigaDevice Semiconductor's ROA % or its related term are showing as below:

HKSE:03986' s ROA % Range Over the Past 10 Years
Min: 0.97   Med: 13.12   Max: 30.01
Current: 30.01

During the past 13 years, GigaDevice Semiconductor's highest ROA % was 30.01%. The lowest was 0.97%. And the median was 13.12%.

HKSE:03986's ROA % is ranked better than
96.62% of 1034 companies
in the Semiconductors industry
Industry Median: 3.54 vs HKSE:03986: 30.01

GigaDevice Semiconductor  (HKSE:03986) 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: Jun. 2026 )
=Net Income/Total Assets
=24964.496/40295.605
=(Net Income / Revenue)*(Revenue / Total Assets)
=(24964.496 / 34135.648)*(34135.648 / 40295.605)
=Net Margin %*Asset Turnover
=73.13 %*0.8471
=61.95 %

Note: The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) 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.


GigaDevice Semiconductor ROA % Related Terms


GigaDevice Semiconductor ROA % Historical Data

* Premium members only.

The historical data trend for GigaDevice Semiconductor'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.

GigaDevice Semiconductor ROA % Chart

GigaDevice Semiconductor Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.43 12.24 0.96 6.11 8.24

GigaDevice Semiconductor Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.01 10.01 10.78 24.06 61.95

HKSE:03986 vs NVDA, AVGO, MU: ROA % Comparison

For the Semiconductors subindustry, GigaDevice Semiconductor'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.


GigaDevice Semiconductor ROA % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, GigaDevice Semiconductor's ROA % distribution charts can be found below:

* The bar in red indicates where GigaDevice Semiconductor's ROA % falls into.


HKSE:03986
69GF Score
GigaDevice Semiconductor Inc HKSE:03986
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GigaDevice Semiconductor ROA % Calculation

GigaDevice Semiconductor's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=1820.612/( (20530.089+23637.34)/ 2 )
=1820.612/22083.7145
=8.24 %

GigaDevice Semiconductor's annualized ROA % for the quarter that ended in Jun. 2026 is calculated as:

ROA %=Net Income (Q: Jun. 2026 )/( (Total Assets (Q: Mar. 2026 )+Total Assets (Q: Jun. 2026 ))/ count )
=24964.496/( (31540.319+49050.891)/ 2 )
=24964.496/40295.605
=61.95 %

* 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 four times the quarterly (Jun. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 61.95% mean?
GigaDevice Semiconductor (HKSE:03986) has a ROA % of 61.95% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on GigaDevice Semiconductor and its competitors. This is 372% above median its historical median of 13.12. Over the past decade, GigaDevice Semiconductor's ROA % has ranged from 0.97 to 30.01. According to the industry distribution chart, GigaDevice Semiconductor ranks #35 out of 1034 companies in the Semiconductors industry, placing it in the top 3.4%.
Is GigaDevice Semiconductor's ROA % too high?
GigaDevice Semiconductor's current ROA % of 61.95% is 372% above median its 10-year median of 13.12. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 30.01. The Semiconductors industry median ROA % is 3.54. GigaDevice Semiconductor's value of 61.95% is 1650% above this industry median. Based on the distribution chart, GigaDevice Semiconductor ranks #35 out of 1034 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, GigaDevice Semiconductor has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GigaDevice Semiconductor's ROA % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, GigaDevice Semiconductor ranks #35 out of 1034 companies for ROA %. This places GigaDevice Semiconductor in the top 3% of its industry — outperforming the majority of peers. The industry median ROA % is 3.54. GigaDevice Semiconductor's value of 61.95% is 1650% above this benchmark. Historically, GigaDevice Semiconductor's own ROA % has ranged from 0.97 to 30.01 over the past decade. While the company's 10-year median is 13.12 vs. the industry median of 3.54, GigaDevice Semiconductor has consistently been above 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 ROA % for a Semiconductors company?
The median ROA % among Semiconductors companies is 3.54, based on 1,034 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. GigaDevice Semiconductor's current ROA % of 61.95% is 1650% 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 GigaDevice Semiconductor and its competitors. For the Semiconductors industry, the median ROA % is 3.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GigaDevice Semiconductor's current ROA % is 61.95%, which is 372% above median its own 10-year median of 13.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GigaDevice Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, GigaDevice Semiconductor (HKSE:03986) is currently considered Fairly Valued. The stock's GF Value™ is HK$366.05, compared to a current price of HK$464.80 — trading 27% above its estimated fair value. The current ROA % is 61.95%, which is 372% above median its 10-year median of 13.12 and 1650% above the Semiconductors industry median of 3.54. GigaDevice Semiconductor's overall GF Score™ is 69/100 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 GigaDevice Semiconductor (HKSE:03986), the current ROA % is 61.95% as of Jun. 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 GigaDevice Semiconductor (HKSE:03986) Overvalued in 2026?

Based on GuruFocus' analysis, GigaDevice Semiconductor stock appears to be overvalued. The current stock price of HK$464.80 is trading 27% above its estimated GF Value™ of HK$366.05. GuruFocus considers GigaDevice Semiconductor to be Fairly Valued.

Key valuation signals for HKSE:03986:

  • ROA %: 61.95% (372% above median its 10-year median of 13.12)
  • GF Value™: HK$366.05 vs. price of HK$464.80 (27% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 1650% above the Semiconductors median (#35 of 1034)

No single metric tells the full story. See the HKSE:03986 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GigaDevice Semiconductor Business Description

Other Exchanges 603986:China
Address No. 9, Fenghao East Road, Building 8, Zhongguancun Integrated Circuit Design Park, Haidian District, Beijing, CHN, 100094
GigaDevice Semiconductor Inc is engaged in the domestic storage and Internet of Things (IoT) chip industry. Its product portfolio comprises of flash memories and microcontrollers. Some of its products are SPI NOR flash, SPI NAND flash, and ARM Cortex-M3, among others. The products are for use in embedded, consumer, and mobile communications applications.
69GF Score

Get the complete analysis for HKSE:03986

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$464.80
Price
HK$366.05
GF Value