GIT (Going International Holding Co) Asset Turnover: 0.33 (As of Mar. 2025)


What is Going International Holding Co Asset Turnover?

Going International Holding Co GIT Asset Turnover is 0.33 as of Mar. 2025.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Going International Holding Co's Revenue for the six months ended in Mar. 2025 was $7.48 Mil. Going International Holding Co's Total Assets for the quarter that ended in Mar. 2025 was $22.61 Mil. Therefore, Going International Holding Co's Asset Turnover for the quarter that ended in Mar. 2025 was 0.33.

Asset Turnover is linked to ROE % through Du Pont Formula. Going International Holding Co's annualized ROE % for the quarter that ended in Mar. 2025 was 39.05%. It is also linked to ROA % through Du Pont Formula. Going International Holding Co's annualized ROA % for the quarter that ended in Mar. 2025 was 30.72%.

Going International Holding Co  (NAS:GIT) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Going International Holding Co's annulized ROE % for the quarter that ended in Mar. 2025 is

ROE %**(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=6.946/17.7885
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6.946 / 14.95)*(14.95 / 22.6115)*(22.6115/ 17.7885)
=Net Margin %*Asset Turnover*Equity Multiplier
=46.46 %*0.6612*1.2711
=ROA %*Equity Multiplier
=30.72 %*1.2711
=39.05 %

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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Going International Holding Co's annulized ROA % for the quarter that ended in Mar. 2025 is

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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.

Going International Holding Co Asset Turnover Related Terms

Going International Holding Co Asset Turnover Historical Data

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The historical data trend for Going International Holding Co's Asset Turnover 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 Asset Turnover Chart

Going International Holding Co Annual Data
Trend Sep21 Sep22 Sep23
Asset Turnover
0.69 1.49 1.22

Going International Holding Co Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Asset Turnover Get a 7-Day Free Trial 0.70 0.50 0.52 0.40 0.33

GIT vs : Asset Turnover Comparison

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

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

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


Going International Holding Co Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Going International Holding Co's Asset Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=11.159/( (5.75+12.53)/ 2 )
=11.159/9.14
=1.22

Going International Holding Co's Asset Turnover for the quarter that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=7.475/( (20.985+24.238)/ 2 )
=7.475/22.6115
=0.33

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.33 mean?
Going International Holding Co (GIT) has a Asset Turnover of 0.33 as of Mar. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Going International Holding Co and its competitors.
Is Going International Holding Co's Asset Turnover too high?
Going International Holding Co's current Asset Turnover is 0.33.
How does Going International Holding Co's Asset Turnover compare to ?
Going International Holding Co's Asset Turnover of 0.33 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Software company?
A good Asset Turnover depends on the Software industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Going International Holding Co and its competitors. Going International Holding Co's current Asset Turnover is 0.33. 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 Asset Turnover of 0.33. The current Asset Turnover is 0.33. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Going International Holding Co (GIT), the current Asset Turnover is 0.33 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.