CESTF (Chinese Estates Holdings) EBIT: $-36.05 Mil (TTM As of Dec. 2025)


CESTF Chinese Estates Holdings Ltd CESTF
40 GF Score
Price $0.15
GF Value $0.11
! 4 Warning Signs
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What is Chinese Estates Holdings EBIT?

Chinese Estates Holdings CESTF 40 EBIT is $-36.05 Mil as of Dec. 2025. GuruFocus rates CESTF with a GF Score™ of 40/100 and a GF Value™ of $0.11. The stock has 4 warning signs investors should review.

Chinese Estates Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was $8.96 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was $-36.05 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chinese Estates Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was 0.14%. Chinese Estates Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 12.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Chinese Estates Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -7.40%.


Chinese Estates Holdings  (OTCPK:CESTF) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Chinese Estates Holdings's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=3.924 * ( 1 - 34.86% )/( (1685.688 + 1882.642)/ 2 )
=2.5560936/1784.165
=0.14 %

where

Invested Capital(Q: Jun. 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))
=1800.904 - 19.275 - ( 95.941 - max(0, 135.794 - 235.475+95.941))
=1685.688

Invested Capital(Q: Dec. 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))
=1898.443 - 3.352 - ( 94.927 - max(0, 299.611 - 312.06+94.927))
=1882.642

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Chinese Estates Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=17.916/( ( (6.325 + max(99.648, 0)) + (14.009 + max(167.908, 0)) )/ 2 )
=17.916/( ( 105.973 + 181.917 )/ 2 )
=17.916/143.945
=12.45 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.889 + 3.543 + 121.454) - (19.275 + 0 + 7.963)
=99.648

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.373 + 3.305 + 200.848) - (3.352 + 0 + 34.266)
=167.908

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Chinese Estates Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-36.051/487.451
=-7.40 %

* 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.


Chinese Estates Holdings EBIT Related Terms


Chinese Estates Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Chinese Estates Holdings's EBIT 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.

Chinese Estates Holdings EBIT Chart

Chinese Estates Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -434.61 167.70 41.76 -246.78 -36.44

Chinese Estates Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT 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 5.90 -39.29 -207.31 -45.01 8.96

Chinese Estates Holdings EBIT Competitor Comparison

For the Real Estate - Diversified subindustry, Chinese Estates Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Chinese Estates Holdings EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Chinese Estates Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Chinese Estates Holdings's EV-to-EBIT falls into.


CESTF
40GF Score
Chinese Estates Holdings Ltd CESTF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Chinese Estates Holdings EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-36.05 Mil.

* 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 EBIT →
What does a EBIT of $-36.05 Mil mean?
Chinese Estates Holdings (CESTF) has a EBIT of $-36.05 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Chinese Estates Holdings.
Is Chinese Estates Holdings' EBIT too high?
Chinese Estates Holdings' current EBIT is $-36.05 Mil. Overall, Chinese Estates Holdings has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Chinese Estates Holdings' EBIT compare to competitors?
Chinese Estates Holdings' EBIT of $-36.05 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Real Estate company?
A good EBIT depends on the Real Estate industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Chinese Estates Holdings. Chinese Estates Holdings's current EBIT is $-36.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chinese Estates Holdings stock overvalued right now?
Chinese Estates Holdings (CESTF) has a current EBIT of $-36.05 Mil. The stock's GF Value™ is $0.11, compared to a current price of $0.15 — trading 38.1% above its estimated fair value. The current EBIT is $-36.05 Mil. Chinese Estates Holdings' overall GF Score™ is 40/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Chinese Estates Holdings (CESTF), the current EBIT is $-36.05 Mil 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 Chinese Estates Holdings (CESTF) Overvalued in 2026?

Based on GuruFocus' analysis, Chinese Estates Holdings stock appears to be overvalued. The current stock price of $0.15 is trading 38.1% above its estimated GF Value™ of $0.11.

Key valuation signals for CESTF:

  • EBIT: $-36.05 Mil
  • GF Value™: $0.11 vs. price of $0.15 (38.1% above fair value)
  • GF Score™: 40/100 with 4 warning signs

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


Chinese Estates Holdings Business Description

Other Exchanges 00127:Hong Kong
Address 311 Gloucester Road, 21st Floor, Chubb Tower, Windsor House, Causeway Bay, Hong Kong, HKG
Chinese Estates Holdings Ltd is an investment holding company. The company's operating segment includes Property development and trading; Property leasing includes Retail and Non-retail; Listed equity investments at FVTOCI; Investments and treasury products at FVTPL; Unlisted investments, investment holding and brokerage, and other segments. It derives maximum revenue from Investments and treasury products at FVTPL segment, which includes Securities investments in investments held for trading, OTC trading and structured products. The Group focuses in Hong Kong, and diversifies its property interests to mainland China and the United Kingdom.
40GF Score

Get the complete analysis for CESTF

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

$0.15
Price
$0.11
GF Value