CITIC (FRA:CPF) EBIT: €18,796 Mil (TTM As of Dec. 2025)


FRA:CPF CITIC Ltd FRA:CPF
85 GF Score
Price €1.29
GF Value €1.01
Valuation Modestly Overvalued
! 8 Warning Signs
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What is CITIC EBIT?

CITIC FRA:CPF -6.13% 85 EBIT is €18,796 Mil as of Dec. 2025. GuruFocus rates FRA:CPF with a GF Score™ of 85/100 and a GF Value™ of €1.01 (Modestly Overvalued). The stock has 8 warning signs investors should review.

CITIC's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €8,934 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €18,796 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CITIC's annualized ROC % for the quarter that ended in Dec. 2025 was 0.99%. CITIC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 51.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CITIC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 5.89%.


CITIC  (FRA:CPF) EBIT Explanation

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

CITIC'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 )
=15895.614 * ( 1 - 18.41% )/( (1286956.838 + 1324067.029)/ 2 )
=12969.2314626/1305511.9335
=0.99 %

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))
=1508753.149 - 58569.591 - ( 163226.72 - max(0, 860503.9 - 1026772.678+163226.72))
=1286956.838

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))
=1578835.41 - 86351.947 - ( 168416.434 - max(0, 873865.152 - 1058062.616+168416.434))
=1324067.029

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:

CITIC'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 )
=17867.894/( ( (34009.742 + max(-700232.423, 0)) + (35471.822 + max(-694859.322, 0)) )/ 2 )
=17867.894/( ( 34009.742 + 35471.822 )/ 2 )
=17867.894/34740.782
=51.43 %

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)
=(11331.59 + 14816.905 + 134122.982) - (58569.591 + 0 + 801934.309)
=-700232.423

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10815.773 + 14391.243 + 153798.814) - (86351.947 + 0 + 787513.205)
=-694859.322

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:

CITIC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=18795.583/319087.997
=5.89 %

* 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.


CITIC EBIT Related Terms


CITIC EBIT Historical Data

* Premium members only.

The historical data trend for CITIC'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.

CITIC EBIT Chart

CITIC 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 14,797.38 18,353.41 17,355.86 19,121.12 18,836.94

CITIC 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 7,743.55 10,056.41 8,820.18 9,861.64 8,933.95

FRA:CPF vs HON, MMM: EBIT Comparison

For the Conglomerates subindustry, CITIC'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.


CITIC EV-to-EBIT vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, CITIC's EV-to-EBIT distribution charts can be found below:

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


FRA:CPF
85GF Score
CITIC Ltd FRA:CPF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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CITIC 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 €18,796 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 €18,796 Mil mean?
CITIC (FRA:CPF) has a EBIT of €18,796 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on CITIC.
Is CITIC's EBIT too high?
CITIC's current EBIT is €18,796 Mil. Overall, CITIC has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CITIC's EBIT compare to HON and MMM?
CITIC's EBIT of €18,796 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good EBIT depends on the Conglomerates 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 CITIC. CITIC's current EBIT is €18,796 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CITIC stock overvalued right now?
Based on GuruFocus' analysis, CITIC (FRA:CPF) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.01, compared to a current price of €1.29 — trading 28% above its estimated fair value. The current EBIT is €18,796 Mil. CITIC's overall GF Score™ is 85/100 with 8 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 CITIC (FRA:CPF), the current EBIT is €18,796 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 CITIC (FRA:CPF) Overvalued in 2026?

Based on GuruFocus' analysis, CITIC stock appears to be overvalued. The current stock price of €1.29 is trading 28% above its estimated GF Value™ of €1.01. GuruFocus considers CITIC to be Modestly Overvalued.

Key valuation signals for FRA:CPF:

  • EBIT: €18,796 Mil
  • GF Value™: €1.01 vs. price of €1.29 (28% above fair value)
  • GF Score™: 85/100 with 8 warning signs

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


CITIC Business Description

Address 1 Tim Mei Avenue, 32nd Floor, CITIC Tower, Central, Hong Kong, HKG
CITIC Ltd is a Hong Kong-based conglomerate. The company has comprehensively deepened reforms, promoted high-quality development and continuously enhanced its value creation capability and shareholder returns. Along with its subsidiaries, it operates in the following reportable segments: Comprehensive Financial Services, Advanced Intelligent Manufacturing, Advanced Materials, New Consumption, and New-type urbanisation. Maximum revenue is generated from the Advanced Materials segment, which includes exploration, processing, and trading of resources and energy products, including iron ore, copper, and crude oil, and the manufacturing of special steels. Geographically, the group generates maximum revenue from the Chinese mainland, followed by Hong Kong, Macau and Taiwan, and Overseas markets.
85GF Score

Get the complete analysis for FRA:CPF

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

€1.29
Price
€1.01
GF Value