Hong Kong Economic Times Holdings (HKSE:00423) EBIT: HK$-22.1 Mil (TTM As of Sep. 2025)


HKSE:00423 Hong Kong Economic Times Holdings Ltd HKSE:00423
46 GF Score
Price HK$0.71
GF Value HK$0.70
Valuation Fairly Valued
! 3 Warning Signs
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What is Hong Kong Economic Times Holdings EBIT?

Hong Kong Economic Times Holdings HKSE:00423 +1.43% 46 EBIT is HK$-22.1 Mil as of Sep. 2025. GuruFocus rates HKSE:00423 with a GF Score™ of 46/100 and a GF Value™ of HK$0.70 (Fairly Valued). The stock has 3 warning signs investors should review.

Hong Kong Economic Times Holdings's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2025 was HK$-22.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2025 was HK$-22.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hong Kong Economic Times Holdings's annualized ROC % for the quarter that ended in Sep. 2025 was -8.68%. Hong Kong Economic Times Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was -11.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hong Kong Economic Times Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 28.24%.

Hong Kong Economic Times Holdings  (HKSE:00423) EBIT Explanation

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

Hong Kong Economic Times 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 )
=-54.096 * ( 1 - 0% )/( (637.393 + 609.238)/ 2 )
=-54.096/623.3155
=-8.68 %

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))
=1068.806 - 21.018 - ( 459.776 - max(0, 213.184 - 623.579+459.776))
=637.393

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))
=1005.074 - 19.874 - ( 412.711 - max(0, 194.337 - 570.299+412.711))
=609.238

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:

Hong Kong Economic Times 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 )
=-44.746/( ( (380.595 + max(-53.459, 0)) + (368.899 + max(-49.358, 0)) )/ 2 )
=-44.746/( ( 380.595 + 368.899 )/ 2 )
=-44.746/374.747
=-11.94 %

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)
=(116.958 + 15.999 + 18.938) - (21.018 + 0 + 184.336)
=-53.459

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(110.33 + 12.182 + 17.729) - (19.874 + 0 + 169.725)
=-49.358

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:

Hong Kong Economic Times Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2025 )
=-22.143/-78.397
=28.24 %

* 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.

Hong Kong Economic Times Holdings EBIT Related Terms

Hong Kong Economic Times Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Hong Kong Economic Times 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.

Hong Kong Economic Times Holdings EBIT Chart

Hong Kong Economic Times Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.05 52.69 40.67 85.57 -31.78

Hong Kong Economic Times Holdings Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 -14.54 100.11 -32.01 0.23 -22.37

HKSE:00423 vs NYT, WLY: EBIT Comparison

For the Publishing subindustry, Hong Kong Economic Times 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.

Hong Kong Economic Times Holdings EV-to-EBIT vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hong Kong Economic Times Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hong Kong Economic Times Holdings's EV-to-EBIT falls into.


HKSE:00423
46GF Score
Hong Kong Economic Times Holdings Ltd HKSE:00423
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Hong Kong Economic Times 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$-22.1 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$-22.1 Mil mean?
Hong Kong Economic Times Holdings (HKSE:00423) has a EBIT of HK$-22.1 Mil as of Sep. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hong Kong Economic Times Holdings.
Is Hong Kong Economic Times Holdings' EBIT too high?
Hong Kong Economic Times Holdings' current EBIT is HK$-22.1 Mil. Overall, Hong Kong Economic Times Holdings has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hong Kong Economic Times Holdings' EBIT compare to NYT and WLY?
Hong Kong Economic Times Holdings' EBIT of HK$-22.1 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good EBIT depends on the Media - Diversified 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 Hong Kong Economic Times Holdings. Hong Kong Economic Times Holdings's current EBIT is HK$-22.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Kong Economic Times Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hong Kong Economic Times Holdings (HKSE:00423) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.70, compared to a current price of HK$0.71 — trading 1.4% above its estimated fair value. The current EBIT is HK$-22.1 Mil. Hong Kong Economic Times Holdings' overall GF Score™ is 46/100 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 Hong Kong Economic Times Holdings (HKSE:00423), the current EBIT is HK$-22.1 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 Hong Kong Economic Times Holdings (HKSE:00423) Overvalued in 2026?

Based on GuruFocus' analysis, Hong Kong Economic Times Holdings stock appears to be overvalued. The current stock price of HK$0.71 is trading 1.4% above its estimated GF Value™ of HK$0.70. GuruFocus considers Hong Kong Economic Times Holdings to be Fairly Valued.

Key valuation signals for HKSE:00423:

  • EBIT: HK$-22.1 Mil
  • GF Value™: HK$0.70 vs. price of HK$0.71 (1.4% above fair value)
  • GF Score™: 46/100 with 3 warning signs

No single metric tells the full story. See the HKSE:00423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hong Kong Economic Times Holdings Business Description

Address 321 Java Road, 6th Floor, Kodak House II, North Point, Hong Kong, HKG
Hong Kong Economic Times Holdings Ltd is an investment holding company. It is engaged in the printing and publishing of newspapers and magazines and the operation of their associated digital businesses; the operation of recruitment advertising and lifestyle platforms; and the provision of electronic financial and property market information services. Its segments are Media segment, majority revenue deriving segment, engaged in the printing and publication of newspapers, magazines and books and the operation of digital platforms, including recruitment, finance and lifestyle; and Financial news agency, information and solutions segment.
46GF Score

Get the complete analysis for HKSE:00423

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

HK$0.71
Price
HK$0.70
GF Value