GIT (Going International Holding Co) ROIC %: 92.01% (As of Mar. 2025)


What is Going International Holding Co ROIC %?

Going International Holding Co GIT ROIC % is 92.01% as of Mar. 2025.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Going International Holding Co's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2025 was 92.01%.

As of today (2026-06-26), Going International Holding Co's WACC % is 0.00%. Going International Holding Co's ROIC % is 0.00% (calculated using TTM income statement data). Going International Holding Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.

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

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Going International Holding Co's WACC % is 0.00%. Going International Holding Co's ROIC % is 0.00% (calculated using TTM income statement data). Going International Holding Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of 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.

Going International Holding Co ROIC % Related Terms

Going International Holding Co ROIC % Historical Data

* Premium members only.

The historical data trend for Going International Holding Co's ROIC % 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 ROIC % Chart

Going International Holding Co Annual Data
Trend Sep21 Sep22 Sep23
ROIC %
11.13 78.56 86.28

Going International Holding Co Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
ROIC % Get a 7-Day Free Trial 98.18 66.60 89.03 110.23 92.01

GIT vs : ROIC % Comparison

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

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

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


Going International Holding Co ROIC % Calculation

Going International Holding Co's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Sep. 2023 is calculated as:

ROIC % (A: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Sep. 2022 ) + Invested Capital (A: Sep. 2023 ))/ count )
=5.152 * ( 1 - 19.08% )/( (3.16 + 6.504)/ 2 )
=4.1689984/4.832
=86.28 %

where

Invested Capital(A: Sep. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=5.75 - 0.278 - ( 2.719 - max(0, 1.303 - 3.615+2.719))
=3.16

Invested Capital(A: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=12.53 - 0.496 - ( 7.867 - max(0, 3.267 - 8.797+7.867))
=6.504

Going International Holding Co's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2025 is calculated as:

ROIC % (Q: Mar. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Mar. 2025 ))/ count )
=7.932 * ( 1 - 15.66% )/( (7.665 + 6.877)/ 2 )
=6.6898488/7.271
=92.01 %

where

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=20.985 - 0.878 - ( 14.717 - max(0, 3.623 - 16.065+14.717))
=7.665

Invested Capital(Q: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=24.238 - 0.984 - ( 17.489 - max(0, 2.652 - 19.029+17.489))
=6.877

Note: The Operating Income data used here is two times the semi-annual (Mar. 2025) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 92.01% mean?
Going International Holding Co (GIT) has a ROIC % of 92.01% as of Mar. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Going International Holding Co and its competitors.
Is Going International Holding Co's ROIC % too high?
Going International Holding Co's current ROIC % is 92.01%. The Software industry median ROIC % is 3.11. Going International Holding Co's value of 92.01% is 2863.3% above this industry median.
How does Going International Holding Co's ROIC % compare to ?
Going International Holding Co's ROIC % of 92.01% can be compared against companies in the Software industry. The industry median ROIC % is 3.11. Going International Holding Co's value of 92.01% is 2863.3% 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 ROIC % for a Software company?
The median ROIC % among Software companies is 3.11, based on 2,830 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Going International Holding Co's current ROIC % of 92.01% is 2863.3% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Going International Holding Co and its competitors. For the Software industry, the median ROIC % is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Going International Holding Co's current ROIC % is 92.01%. 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 ROIC % of 92.01%. The current ROIC % is 92.01% and 2863.3% above the Software industry median of 3.11. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Going International Holding Co (GIT), the current ROIC % is 92.01% 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

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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.