National Electronics Holdings (HKSE:00213) EBIT: HK$198 Mil (TTM As of Sep. 2025)

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HKSE:00213 National Electronics Holdings Ltd HKSE:00213
41 GF Score
Price HK$0.36
GF Value HK$0.55
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is National Electronics Holdings EBIT?

National Electronics Holdings HKSE:00213 41 EBIT is HK$198 Mil as of Sep. 2025. GuruFocus rates HKSE:00213 with a GF Score™ of 41/100 and a GF Value™ of HK$0.55 (Possible Value Trap). The stock has 8 warning signs investors should review.

National Electronics Holdings's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2025 was HK$93 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2025 was HK$198 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. National Electronics Holdings's annualized ROC % for the quarter that ended in Sep. 2025 was -0.20%. National Electronics Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 4.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. National Electronics Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 7.06%.


National Electronics Holdings  (HKSE:00213) EBIT Explanation

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

National Electronics Holdings's annualized ROC % for the quarter that ended in Sep. 2025 is calculated as:

ROC % (Q: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2025 ) + Invested Capital (Q: Sep. 2025 ))/ count )
=-17.554 * ( 1 - 0% )/( (8971.255 + 8845.311)/ 2 )
=-17.554/8908.283
=-0.20 %

where

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))
=9513.16 - 225.904 - ( 316.001 - max(0, 5064.832 - 5616.183+316.001))
=8971.255

Invested Capital(Q: Sep. 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))
=9547.427 - 225.467 - ( 476.649 - max(0, 4502.427 - 5550.676+476.649))
=8845.311

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

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

National Electronics Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2025  Q: Sep. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=185.142/( ( (297.923 + max(4062.096, 0)) + (289.801 + max(3644.769, 0)) )/ 2 )
=185.142/( ( 4360.019 + 3934.57 )/ 2 )
=185.142/4147.2945
=4.46 %

where Working Capital is:

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23.355 + 4692.772 + 544.934) - (225.904 + 0 + 973.061)
=4062.096

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(154.207 + 4906.969 + 2.2979999999998) - (225.467 + 0 + 1193.238)
=3644.769

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2025 )
=197.818/2803.929
=7.06 %

* 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.


National Electronics Holdings EBIT Related Terms


National Electronics Holdings EBIT Historical Data

* Premium members only.

The historical data trend for National Electronics 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.

National Electronics Holdings EBIT Chart

National Electronics Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 158.93 205.76 255.54 276.28 197.82

National Electronics Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 132.66 126.20 150.09 92.57 105.25

HKSE:00213 vs NKE, DECK, ONON: EBIT Comparison

For the Footwear & Accessories subindustry, National Electronics 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.


National Electronics Holdings EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, National Electronics Holdings's EV-to-EBIT distribution charts can be found below:

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


HKSE:00213
41GF Score
National Electronics Holdings Ltd HKSE:00213
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Electronics 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 Sep. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$198 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 HK$198 Mil mean?
National Electronics Holdings (HKSE:00213) has a EBIT of HK$198 Mil as of Sep. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on National Electronics Holdings.
Is National Electronics Holdings' EBIT too high?
National Electronics Holdings' current EBIT is HK$198 Mil. Overall, National Electronics Holdings has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does National Electronics Holdings' EBIT compare to NKE and DECK?
National Electronics Holdings' EBIT of HK$198 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good EBIT depends on the Manufacturing - Apparel & Accessories 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 National Electronics Holdings. National Electronics Holdings's current EBIT is HK$198 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Electronics Holdings stock overvalued right now?
Based on GuruFocus' analysis, National Electronics Holdings (HKSE:00213) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.55, compared to a current price of HK$0.36 — trading 34.5% below its estimated fair value. The current EBIT is HK$198 Mil. National Electronics Holdings' overall GF Score™ is 41/100 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 National Electronics Holdings (HKSE:00213), the current EBIT is HK$198 Mil as of Sep. 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 National Electronics Holdings (HKSE:00213) Overvalued in 2026?

Based on GuruFocus' analysis, National Electronics Holdings stock appears to be undervalued. The current stock price of HK$0.36 is trading 34.5% below its estimated GF Value™ of HK$0.55. GuruFocus considers National Electronics Holdings to be Possible Value Trap.

Key valuation signals for HKSE:00213:

  • EBIT: HK$198 Mil
  • GF Value™: HK$0.55 vs. price of HK$0.36 (34.5% below fair value)
  • GF Score™: 41/100 with 8 warning signs

No single metric tells the full story. See the HKSE:00213 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Electronics Holdings Business Description

Address 10 Chater Road, Suite 1218, Prince’s Building, Central, Hong Kong, HKG
National Electronics Holdings Ltd is an investment holding company. Along with its subsidiaries, it is principally engaged in the manufacture, assembly, and sale of electronic watches and watch parts, trading of watch movements and watch parts, and property development and investment. The group's reportable and operating segments are: Manufacture of watches and trading of watch movements, which generate maximum revenue; Residential and other property development and investment; and Commercial property investment. Geographically, the group generates maximum revenue from Hong Kong and the PRC, followed by Europe, North America, and other regions.
41GF Score

Get the complete analysis for HKSE:00213

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

HK$0.36
Price
HK$0.55
GF Value