Golden Resources Development International (HKSE:00677) EBIT: HK$81 Mil (TTM As of Mar. 2026)

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HKSE:00677 Golden Resources Development International Ltd HKSE:00677
55 GF Score
Price HK$0.35
GF Value HK$0.41
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Golden Resources Development International EBIT?

Golden Resources Development International HKSE:00677 55 EBIT is HK$81 Mil as of Mar. 2026. GuruFocus rates HKSE:00677 with a GF Score™ of 55/100 and a GF Value™ of HK$0.41 (Modestly Undervalued). The stock has 8 warning signs investors should review.

Golden Resources Development International's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was HK$83 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was HK$81 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Golden Resources Development International's annualized ROC % for the quarter that ended in Mar. 2026 was 4.36%. Golden Resources Development International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 21.96%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Golden Resources Development International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.44%.


Golden Resources Development International  (HKSE:00677) EBIT Explanation

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

Golden Resources Development International's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=86.026 * ( 1 - 19.76% )/( (1544.042 + 1620.239)/ 2 )
=69.0272624/1582.1405
=4.36 %

where

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))
=2145.179 - 308.373 - ( 401.304 - max(0, 469.104 - 761.868+401.304))
=1544.042

Invested Capital(Q: Mar. 2026 )
=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))
=2145.071 - 191.413 - ( 435.708 - max(0, 482.969 - 816.388+435.708))
=1620.239

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

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

Golden Resources Development International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=166.194/( ( (784.231 + max(-16.173, 0)) + (729.437 + max(-1.475, 0)) )/ 2 )
=166.194/( ( 784.231 + 729.437 )/ 2 )
=166.194/756.834
=21.96 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(78.706 + 213.494 + 1.1368683772162E-13) - (308.373 + 0 + 0)
=-16.173

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(64.161 + 221.169 + 15.894) - (191.413 + 0 + 111.286)
=-1.475

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

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

Golden Resources Development International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=80.758/649.397
=12.44 %

* 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.


Golden Resources Development International EBIT Related Terms


Golden Resources Development International EBIT Historical Data

* Premium members only.

The historical data trend for Golden Resources Development 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.

Golden Resources Development International EBIT Chart

Golden Resources Development International 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 64.75 175.25 182.15 40.06 80.76

Golden Resources Development International 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 52.23 22.69 17.37 -2.34 83.10

HKSE:00677 vs SYY, USFD, PFGC: EBIT Comparison

For the Food Distribution subindustry, Golden Resources Development 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.


Golden Resources Development International EV-to-EBIT vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Golden Resources Development International's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Golden Resources Development International's EV-to-EBIT falls into.


HKSE:00677
55GF Score
Golden Resources Development International Ltd HKSE:00677
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden Resources Development 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$81 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$81 Mil mean?
Golden Resources Development International (HKSE:00677) has a EBIT of HK$81 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Golden Resources Development International.
Is Golden Resources Development International's EBIT too high?
Golden Resources Development International's current EBIT is HK$81 Mil. Overall, Golden Resources Development International has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Golden Resources Development International's EBIT compare to SYY and USFD?
Golden Resources Development International's EBIT of HK$81 Mil can be compared against companies in the Retail - Defensive 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 - Defensive company?
A good EBIT depends on the Retail - Defensive 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 Golden Resources Development International. Golden Resources Development International's current EBIT is HK$81 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Resources Development International stock overvalued right now?
Based on GuruFocus' analysis, Golden Resources Development International (HKSE:00677) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.41, compared to a current price of HK$0.35 — trading 14.6% below its estimated fair value. The current EBIT is HK$81 Mil. Golden Resources Development International's overall GF Score™ is 55/100 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 Golden Resources Development International (HKSE:00677), the current EBIT is HK$81 Mil as of Mar. 2026. 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 Golden Resources Development International (HKSE:00677) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Resources Development International stock appears to be undervalued. The current stock price of HK$0.35 is trading 14.6% below its estimated GF Value™ of HK$0.41. GuruFocus considers Golden Resources Development International to be Modestly Undervalued.

Key valuation signals for HKSE:00677:

  • EBIT: HK$81 Mil
  • GF Value™: HK$0.41 vs. price of HK$0.35 (14.6% below fair value)
  • GF Score™: 55/100 with 8 warning signs

No single metric tells the full story. See the HKSE:00677 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golden Resources Development International Business Description

Address No. 218 Jaffe Road, 29th Floor, Golden Resources Centre, Wan Chai, Hong Kong, HKG
Golden Resources Development International Ltd is an investment holding company. The company is engaged in the business of sourcing, importing, wholesaling, processing, packaging, marketing and distribution of rice and food products, convenience store operation, packaging materials operation, securities investment, property investment retailtainment and investment holding. The company's operating segment includes Convenience store operation; Food operation; Packaging materials operation; Securities investment; Property investment; Retailtainment; and Corporate and others. It generates maximum revenue from the Convenience store operation segment. Geographically, it derives a majority of revenue from Vietnam and also has a presence in Hong Kong and Mainland China and Other regions.
55GF Score

Get the complete analysis for HKSE:00677

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

HK$0.35
Price
HK$0.41
GF Value