Wing On Co International (HKSE:00289) EBIT: HK$-294.1 Mil (TTM As of Dec. 2025)

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HKSE:00289 Wing On Co International Ltd HKSE:00289
64 GF Score
Price HK$13.36
GF Value HK$9.98
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Wing On Co International EBIT?

Wing On Co International HKSE:00289 +1.06% 64 EBIT is HK$-294.1 Mil as of Dec. 2025. GuruFocus rates HKSE:00289 with a GF Score™ of 64/100 and a GF Value™ of HK$9.98 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Wing On Co International's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was HK$-176.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-294.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wing On Co International's annualized ROC % for the quarter that ended in Dec. 2025 was 0.88%. Wing On Co International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -108.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wing On Co International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 33.77%.


Wing On Co International  (HKSE:00289) EBIT Explanation

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

Wing On Co International'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 )
=116.084 * ( 1 - 0% )/( (13360.312 + 12884.915)/ 2 )
=116.084/13122.6135
=0.88 %

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))
=18146.357 - 388.144 - ( 4725.623 - max(0, 544.803 - 4942.704+4725.623))
=13360.312

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))
=17661.555 - 258.8 - ( 4731.901 - max(0, 349.165 - 4867.005+4731.901))
=12884.915

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:

Wing On Co International'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 )
=-352.436/( ( (334.904 + max(-288.294, 0)) + (313.067 + max(-225.657, 0)) )/ 2 )
=-352.436/( ( 334.904 + 313.067 )/ 2 )
=-352.436/323.9855
=-108.78 %

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)
=(10.312 + 67.92 + 94.789) - (388.144 + 0 + 73.171)
=-288.294

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.39 + 65.875 + 27.819) - (258.8 + 0 + 70.941)
=-225.657

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-294.126/-871.062
=33.77 %

* 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.


Wing On Co International EBIT Related Terms


Wing On Co International EBIT Historical Data

* Premium members only.

The historical data trend for Wing On Co International'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.

Wing On Co International EBIT Chart

Wing On Co International 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 683.06 -211.45 176.59 -873.16 -294.13

Wing On Co International 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 -138.19 -224.02 -649.14 -117.91 -176.22

HKSE:00289 vs DDS: EBIT Comparison

For the Department Stores subindustry, Wing On Co International'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.


Wing On Co International EV-to-EBIT vs Retail - Cyclical Industry

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

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


HKSE:00289
64GF Score
Wing On Co International Ltd HKSE:00289
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wing On Co International 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$-294.1 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$-294.1 Mil mean?
Wing On Co International (HKSE:00289) has a EBIT of HK$-294.1 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Wing On Co International.
Is Wing On Co International's EBIT too high?
Wing On Co International's current EBIT is HK$-294.1 Mil. Overall, Wing On Co International has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wing On Co International's EBIT compare to DDS?
Wing On Co International's EBIT of HK$-294.1 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 Wing On Co International. Wing On Co International's current EBIT is HK$-294.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wing On Co International stock overvalued right now?
Based on GuruFocus' analysis, Wing On Co International (HKSE:00289) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$9.98, compared to a current price of HK$13.36 — trading 33.9% above its estimated fair value. The current EBIT is HK$-294.1 Mil. Wing On Co International's overall GF Score™ is 64/100 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 Wing On Co International (HKSE:00289), the current EBIT is HK$-294.1 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 Wing On Co International (HKSE:00289) Overvalued in 2026?

Based on GuruFocus' analysis, Wing On Co International stock appears to be overvalued. The current stock price of HK$13.36 is trading 33.9% above its estimated GF Value™ of HK$9.98. GuruFocus considers Wing On Co International to be Significantly Overvalued.

Key valuation signals for HKSE:00289:

  • EBIT: HK$-294.1 Mil
  • GF Value™: HK$9.98 vs. price of HK$13.36 (33.9% above fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the HKSE:00289 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wing On Co International Business Description

Address 211 Des Voeux Road Centrat, 7th Floor, Wing On Centre, Hong Kong, HKG
Wing On Co International Ltd operates department stores. It also invests in properties. The company has two segments, namely, Department Stores and Property Investment. The department stores segment operates department stores in Hong Kong, while the Property Investment segment engages in leasing commercial premises to generate rental income. Its investment property portfolio is spread across Hong Kong, Australia, the United States of America, and Mainland China. The firm derives the majority of its revenues from the department stores segment.
64GF Score

Get the complete analysis for HKSE:00289

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

HK$13.36
Price
HK$9.98
GF Value