Gemdale Properties and Investment (HKSE:00535) EBIT: HK$-2,704 Mil (TTM As of Dec. 2025)


HKSE:00535 Gemdale Properties and Investment Corp Ltd HKSE:00535
38 GF Score
Price HK$0.10
GF Value HK$0.15
Valuation Possible Value Trap
! 8 Warning Signs
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What is Gemdale Properties and Investment EBIT?

Gemdale Properties and Investment HKSE:00535 -6.67% 38 EBIT is HK$-2,704 Mil as of Dec. 2025. GuruFocus rates HKSE:00535 with a GF Score™ of 38/100 and a GF Value™ of HK$0.15 (Possible Value Trap). The stock has 8 warning signs investors should review.

Gemdale Properties and Investment's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was HK$-2,185 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-2,704 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gemdale Properties and Investment's annualized ROC % for the quarter that ended in Dec. 2025 was 0.27%. Gemdale Properties and Investment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -3,865.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Gemdale Properties and Investment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -15.64%.

Gemdale Properties and Investment  (HKSE:00535) EBIT Explanation

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

Gemdale Properties and Investment'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 )
=134.152 * ( 1 - 0% )/( (52496.949 + 47651.15)/ 2 )
=134.152/50074.0495
=0.27 %

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))
=73903.141 - 20042.726 - ( 1363.466 - max(0, 26553.115 - 30198.658+1363.466))
=52496.949

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))
=69252.103 - 20264.546 - ( 1336.407 - max(0, 24205.987 - 27146.836+1336.407))
=47651.15

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:

Gemdale Properties and Investment'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 )
=-4370.708/( ( (115.316 + max(-8349.065, 0)) + (110.843 + max(-8267.929, 0)) )/ 2 )
=-4370.708/( ( 115.316 + 110.843 )/ 2 )
=-4370.708/113.0795
=-3,865.16 %

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)
=(82.989 + 14313.086 + 2193.953) - (20042.726 + 0 + 4896.367)
=-8349.065

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(72.343 + 12602.321 + 1635.885) - (20264.546 + 0 + 2313.932)
=-8267.929

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:

Gemdale Properties and Investment's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-2703.648/17290.281
=-15.64 %

* 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.

Gemdale Properties and Investment EBIT Related Terms

Gemdale Properties and Investment EBIT Historical Data

* Premium members only.

The historical data trend for Gemdale Properties and Investment'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.

Gemdale Properties and Investment EBIT Chart

Gemdale Properties and Investment 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 8,053.03 5,125.62 3,413.87 -2,511.03 -2,709.18

Gemdale Properties and Investment 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 1,985.97 -1,814.76 -711.23 -518.29 -2,185.35

Gemdale Properties and Investment EBIT Competitor Comparison

For the Real Estate - Development subindustry, Gemdale Properties and Investment'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.

Gemdale Properties and Investment EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Gemdale Properties and Investment's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Gemdale Properties and Investment's EV-to-EBIT falls into.


HKSE:00535
38GF Score
Gemdale Properties and Investment Corp Ltd HKSE:00535
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Gemdale Properties and Investment 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$-2,704 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$-2,704 Mil mean?
Gemdale Properties and Investment (HKSE:00535) has a EBIT of HK$-2,704 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Gemdale Properties and Investment.
Is Gemdale Properties and Investment's EBIT too high?
Gemdale Properties and Investment's current EBIT is HK$-2,704 Mil. Overall, Gemdale Properties and Investment has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gemdale Properties and Investment's EBIT compare to competitors?
Gemdale Properties and Investment's EBIT of HK$-2,704 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good EBIT depends on the Real Estate 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 Gemdale Properties and Investment. Gemdale Properties and Investment's current EBIT is HK$-2,704 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gemdale Properties and Investment stock overvalued right now?
Based on GuruFocus' analysis, Gemdale Properties and Investment (HKSE:00535) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.15, compared to a current price of HK$0.10 — trading 34.7% below its estimated fair value. The current EBIT is HK$-2,704 Mil. Gemdale Properties and Investment's overall GF Score™ is 38/100 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 Gemdale Properties and Investment (HKSE:00535), the current EBIT is HK$-2,704 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 Gemdale Properties and Investment (HKSE:00535) Overvalued in 2026?

Based on GuruFocus' analysis, Gemdale Properties and Investment stock appears to be undervalued. The current stock price of HK$0.10 is trading 34.7% below its estimated GF Value™ of HK$0.15. GuruFocus considers Gemdale Properties and Investment to be Possible Value Trap.

Key valuation signals for HKSE:00535:

  • EBIT: HK$-2,704 Mil
  • GF Value™: HK$0.15 vs. price of HK$0.10 (34.7% below fair value)
  • GF Score™: 38/100 with 8 warning signs

No single metric tells the full story. See the HKSE:00535 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Gemdale Properties and Investment Business Description

Address 111 Leighton Road, 16th Floor, Lee Garden Six, Causeway Bay, Hong Kong, HKG
Gemdale Properties and Investment Corp Ltd is an investment holding company engaged in real estate development and asset management. The Company develops, sells, invests in, and manages diversified properties including residential properties, industrial parks, commercial offices, rental housing, and commercial properties, while providing integrated spaces and services to businesses and individuals in cities. It operates through the Property Development segment, the Property Investment and Management segment, and the Corporate Others segment, with the Property Development segment generating the majority of the Company's revenue through the development and sale of residential and commercial properties. The Company generates almost all of its revenue from Mainland China.
38GF Score

Get the complete analysis for HKSE:00535

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

HK$0.10
Price
HK$0.15
GF Value