Sincere Co (HKSE:00244) EBIT: HK$-47.4 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:00244 Sincere Co Ltd HKSE:00244
24 GF Score
Price HK$0.28
GF Value HK$0.20
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Sincere Co EBIT?

Sincere Co HKSE:00244 24 EBIT is HK$-47.4 Mil as of Dec. 2025. GuruFocus rates HKSE:00244 with a GF Score™ of 24/100 and a GF Value™ of HK$0.20 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Sincere Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was HK$-29.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-47.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sincere Co's annualized ROC % for the quarter that ended in Dec. 2025 was -10.17%. Sincere Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -323.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sincere Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -8.05%.


Sincere Co  (HKSE:00244) EBIT Explanation

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

Sincere Co'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 )
=-38.776 * ( 1 - 0.08% )/( (505.529 + 256.26)/ 2 )
=-38.7449792/380.8945
=-10.17 %

where

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:

Sincere Co'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 )
=-57.998/( ( (20.947 + max(-27.585, 0)) + (14.855 + max(-38.224, 0)) )/ 2 )
=-57.998/( ( 20.947 + 14.855 )/ 2 )
=-57.998/17.901
=-323.99 %

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)
=(0 + 32.023 + 11.103) - (40.346 + 0 + 30.365)
=-27.585

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 26.144 + 1.1) - (37.165 + 0 + 28.303)
=-38.224

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-47.388/588.964
=-8.05 %

* 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.


Sincere Co EBIT Related Terms


Sincere Co EBIT Historical Data

* Premium members only.

The historical data trend for Sincere Co'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.

Sincere Co EBIT Chart

Sincere Co Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -125.43 -36.18 -24.73 -15.88 -47.39

Sincere Co Semi-Annual Data
Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 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 -18.40 -12.39 -3.49 -18.39 -29.00

HKSE:00244 vs DDS: EBIT Comparison

For the Department Stores subindustry, Sincere Co'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.


Sincere Co EV-to-EBIT vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sincere Co's EV-to-EBIT distribution charts can be found below:

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


HKSE:00244
24GF Score
Sincere Co Ltd HKSE:00244
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sincere Co 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 HK$-47.4 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$-47.4 Mil mean?
Sincere Co (HKSE:00244) has a EBIT of HK$-47.4 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Sincere Co.
Is Sincere Co's EBIT too high?
Sincere Co's current EBIT is HK$-47.4 Mil. Overall, Sincere Co has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sincere Co's EBIT compare to DDS?
Sincere Co's EBIT of HK$-47.4 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good EBIT depends on the Retail - Cyclical 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 Sincere Co. Sincere Co's current EBIT is HK$-47.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sincere Co stock overvalued right now?
Based on GuruFocus' analysis, Sincere Co (HKSE:00244) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.20, compared to a current price of HK$0.28 — trading 40% above its estimated fair value. The current EBIT is HK$-47.4 Mil. Sincere Co's overall GF Score™ is 24/100 with 3 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 Sincere Co (HKSE:00244), the current EBIT is HK$-47.4 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 Sincere Co (HKSE:00244) Overvalued in 2026?

Based on GuruFocus' analysis, Sincere Co stock appears to be overvalued. The current stock price of HK$0.28 is trading 40% above its estimated GF Value™ of HK$0.20. GuruFocus considers Sincere Co to be Significantly Overvalued.

Key valuation signals for HKSE:00244:

  • EBIT: HK$-47.4 Mil
  • GF Value™: HK$0.20 vs. price of HK$0.28 (40% above fair value)
  • GF Score™: 24/100 with 3 warning signs

No single metric tells the full story. See the HKSE:00244 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sincere Co Business Description

Address 1 Connaught Place, 24th Floor, Jardine House, Central, Hong Kong, HKG
Sincere Co Ltd is engaged in the operation of department stores, securities trading, and the provision of life insurance. The company has aggregated its operations into three reportable segments: Department Store Operations, Securities Trading, and Others. The Department Store Operations segment, which generates maximum revenue, consists of the operations of department stores offering a wide range of consumer products. The Securities Trading segment consists of the trading of Hong Kong and overseas securities, and the Others segment consists of the sublease of properties and the provision of life insurance. Its primary geographic markets are Hong Kong, the United Kingdom, and others. Geographically, the company receives maximum revenue from Hong Kong.
24GF Score

Get the complete analysis for HKSE:00244

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

HK$0.28
Price
HK$0.20
GF Value