Tianjin Development Holdings (HKSE:00882) EBIT: HK$927 Mil (TTM As of Dec. 2025)


HKSE:00882 Tianjin Development Holdings Ltd HKSE:00882
68 GF Score
Price HK$2.06
GF Value HK$1.73
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Tianjin Development Holdings EBIT?

Tianjin Development Holdings HKSE:00882 -0.48% 68 EBIT is HK$927 Mil as of Dec. 2025. GuruFocus rates HKSE:00882 with a GF Score™ of 68/100 and a GF Value™ of HK$1.73 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Tianjin Development Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was HK$186 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$927 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tianjin Development Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was -1.22%. Tianjin Development Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 16.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tianjin Development Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 36.56%.


Tianjin Development Holdings  (HKSE:00882) EBIT Explanation

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

Tianjin Development Holdings'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 )
=-188.362 * ( 1 - 0% )/( (15408.247 + 15528.241)/ 2 )
=-188.362/15468.244
=-1.22 %

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))
=22449.648 - 2046.555 - ( 6675.51 - max(0, 4579.293 - 9574.139+6675.51))
=15408.247

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))
=22751.671 - 1233.004 - ( 6557.214 - max(0, 3013.004 - 9003.43+6557.214))
=15528.241

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:

Tianjin Development Holdings'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 )
=371.556/( ( (2077.196 + max(-887.042, 0)) + (2325.384 + max(-1100.549, 0)) )/ 2 )
=371.556/( ( 2077.196 + 2325.384 )/ 2 )
=371.556/2201.29
=16.88 %

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)
=(1339.933 + 324.776 + 74.489) - (2046.555 + 0 + 579.685)
=-887.042

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1251.422 + 344.302 + 70.131000000001) - (1233.004 + 0 + 1533.4)
=-1100.549

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:

Tianjin Development Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=926.542/2534.454
=36.56 %

* 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.


Tianjin Development Holdings EBIT Related Terms


Tianjin Development Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Tianjin Development 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.

Tianjin Development Holdings EBIT Chart

Tianjin Development Holdings 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 729.97 636.54 1,189.87 1,006.68 926.54

Tianjin Development Holdings 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 628.61 474.63 532.05 740.76 185.78

HKSE:00882 vs HON, MMM: EBIT Comparison

For the Conglomerates subindustry, Tianjin Development 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.


Tianjin Development Holdings EV-to-EBIT vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tianjin Development Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tianjin Development Holdings's EV-to-EBIT falls into.


HKSE:00882
68GF Score
Tianjin Development Holdings Ltd HKSE:00882
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Tianjin Development 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$927 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$927 Mil mean?
Tianjin Development Holdings (HKSE:00882) has a EBIT of HK$927 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tianjin Development Holdings.
Is Tianjin Development Holdings' EBIT too high?
Tianjin Development Holdings' current EBIT is HK$927 Mil. Overall, Tianjin Development Holdings has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tianjin Development Holdings' EBIT compare to HON and MMM?
Tianjin Development Holdings' EBIT of HK$927 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good EBIT depends on the Conglomerates 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 Tianjin Development Holdings. Tianjin Development Holdings's current EBIT is HK$927 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin Development Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tianjin Development Holdings (HKSE:00882) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$1.73, compared to a current price of HK$2.06 — trading 19.1% above its estimated fair value. The current EBIT is HK$927 Mil. Tianjin Development Holdings' overall GF Score™ is 68/100 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 Tianjin Development Holdings (HKSE:00882), the current EBIT is HK$927 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 Tianjin Development Holdings (HKSE:00882) Overvalued in 2026?

Based on GuruFocus' analysis, Tianjin Development Holdings stock appears to be overvalued. The current stock price of HK$2.06 is trading 19.1% above its estimated GF Value™ of HK$1.73. GuruFocus considers Tianjin Development Holdings to be Modestly Overvalued.

Key valuation signals for HKSE:00882:

  • EBIT: HK$927 Mil
  • GF Value™: HK$1.73 vs. price of HK$2.06 (19.1% above fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the HKSE:00882 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tianjin Development Holdings Business Description

Other Exchanges TJN:Germany
Address 168-200 Connaught Road Central, Suites 7-13, 36th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG
Tianjin Development Holdings Ltd is a Chinese conglomerate engaged in utilities and various other services. It operates through the following segments: The Utilities segment distributes electricity, water, heat, and thermal power to industrial, commercial, and residential customers. Pharmaceutical segment manufactures and sells pharmaceutical products and provides pharmaceutical research and development, and pharmaceutical packaging. The Hotels segment manages hotels. The Electrical and Mechanical segment manufactures and sells presses, mechanical and hydroelectric equipment, and large-scale pump units. The Port Services segment offers port services. The Elevators and Escalators segment manufactures and sells elevators and escalators. Key revenue for the company is derived from the PRC.
68GF Score

Get the complete analysis for HKSE:00882

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

HK$2.06
Price
HK$1.73
GF Value