HCGOF (Haichang Ocean Park Holdings) EBIT: $-97.3 Mil (TTM As of Dec. 2025)

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HCGOF Haichang Ocean Park Holdings Ltd HCGOF
40 GF Score
Price $0.16
GF Value $0.29
! 6 Warning Signs
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What is Haichang Ocean Park Holdings EBIT?

Haichang Ocean Park Holdings HCGOF 40 EBIT is $-97.3 Mil as of Dec. 2025. GuruFocus rates HCGOF with a GF Score™ of 40/100 and a GF Value™ of $0.29. The stock has 6 warning signs investors should review.

Haichang Ocean Park Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was $-78.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was $-97.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Haichang Ocean Park Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was -5.37%. Haichang Ocean Park Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -14.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Haichang Ocean Park Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -7.59%.


Haichang Ocean Park Holdings  (OTCPK:HCGOF) EBIT Explanation

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

Haichang Ocean Park 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 )
=-89.074 * ( 1 - 3.53% )/( (1570.303 + 1631.298)/ 2 )
=-85.9296878/1600.8005
=-5.37 %

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))
=1408.985 - 283.311 - ( 23.705 - max(0, 518.312 - 73.683+23.705))
=1570.303

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))
=1531.849 - 184.784 - ( 161.415 - max(0, 490.342 - 206.109+161.415))
=1631.298

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:

Haichang Ocean Park 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 )
=-155.91/( ( (1100.982 + max(-266.134, 0)) + (1124.256 + max(-223.765, 0)) )/ 2 )
=-155.91/( ( 1100.982 + 1124.256 )/ 2 )
=-155.91/1112.619
=-14.01 %

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)
=(8.125 + 11.618 + 1.4210854715202E-14) - (283.311 + 0 + 2.566)
=-266.134

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.065 + 10.705 + 2.349) - (184.784 + 0 + 60.1)
=-223.765

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:

Haichang Ocean Park Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-97.264/1280.947
=-7.59 %

* 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.


Haichang Ocean Park Holdings EBIT Related Terms


Haichang Ocean Park Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Haichang Ocean Park 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.

Haichang Ocean Park Holdings EBIT Chart

Haichang Ocean Park 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 264.87 -161.77 11.77 -62.17 -97.64

Haichang Ocean Park 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 4.34 11.73 -73.86 -19.31 -77.96

HCGOF vs AS, HAS, LTH: EBIT Comparison

For the Leisure subindustry, Haichang Ocean Park 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.


Haichang Ocean Park Holdings EV-to-EBIT vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Haichang Ocean Park Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Haichang Ocean Park Holdings's EV-to-EBIT falls into.


HCGOF
40GF Score
Haichang Ocean Park Holdings Ltd HCGOF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Haichang Ocean Park 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 $-97.3 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 $-97.3 Mil mean?
Haichang Ocean Park Holdings (HCGOF) has a EBIT of $-97.3 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Haichang Ocean Park Holdings.
Is Haichang Ocean Park Holdings' EBIT too high?
Haichang Ocean Park Holdings' current EBIT is $-97.3 Mil. Overall, Haichang Ocean Park Holdings has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Haichang Ocean Park Holdings' EBIT compare to AS and HAS?
Haichang Ocean Park Holdings' EBIT of $-97.3 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good EBIT depends on the Travel & Leisure 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 Haichang Ocean Park Holdings. Haichang Ocean Park Holdings's current EBIT is $-97.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haichang Ocean Park Holdings stock overvalued right now?
Haichang Ocean Park Holdings (HCGOF) has a current EBIT of $-97.3 Mil. The stock's GF Value™ is $0.29, compared to a current price of $0.16 — trading 44.8% below its estimated fair value. The current EBIT is $-97.3 Mil. Haichang Ocean Park Holdings' overall GF Score™ is 40/100 with 6 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 Haichang Ocean Park Holdings (HCGOF), the current EBIT is $-97.3 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 Haichang Ocean Park Holdings (HCGOF) Overvalued in 2026?

Based on GuruFocus' analysis, Haichang Ocean Park Holdings stock appears to be undervalued. The current stock price of $0.16 is trading 44.8% below its estimated GF Value™ of $0.29.

Key valuation signals for HCGOF:

  • EBIT: $-97.3 Mil
  • GF Value™: $0.29 vs. price of $0.16 (44.8% below fair value)
  • GF Score™: 40/100 with 6 warning signs

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


Haichang Ocean Park Holdings Business Description

Other Exchanges 02255:Hong Kong
Address Lane 255, Dongyu Road, No. 4, 30th - 32nd Floor, Qiantan World Trade Center, Sanlin Town, Pudong New Area, Shanghai, CHN, 200123
Haichang Ocean Park Holdings Ltd is a leisure company focused on theme parks. The company operates several theme parks in China with ocean, adventure, and water themes. In addition to theme parks, Haichang owns ancillary commercial properties adjacent to its theme parks that offer complementary services. The company's theme parks and surrounding properties provide rides, sightseeing, entertainment, dining, and shopping experiences. Ocean-themed parks, the style in which Haichang themes its parks, focus on marine animal breeding and conservation. Its reportable operating segments include Park Operations, which generates maximum revenue, Operation as a service, and Property Development. Nearly all of its revenue comes from Mainland China.
40GF Score

Get the complete analysis for HCGOF

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

$0.16
Price
$0.29
GF Value