Manng International (HKSE:00938) EBIT: HK$-19.63 Mil (TTM As of Sep. 2025)

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HKSE:00938 Man Sang International Ltd HKSE:00938
46 GF Score
Price HK$0.37
GF Value HK$1.14
Valuation Possible Value Trap
! 8 Warning Signs
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What is Manng International EBIT?

Manng International HKSE:00938 46 EBIT is HK$-19.63 Mil as of Sep. 2025. GuruFocus rates HKSE:00938 with a GF Score™ of 46/100 and a GF Value™ of HK$1.14 (Possible Value Trap). The stock has 8 warning signs investors should review.

Manng International's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2025 was HK$6.82 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2025 was HK$-19.63 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Manng International's annualized ROC % for the quarter that ended in Sep. 2025 was 0.53%. Manng International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 5.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Manng International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was -2.02%.


Manng International  (HKSE:00938) EBIT Explanation

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

Manng International'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 )
=11.892 * ( 1 - 0% )/( (4267.656 + 219.248)/ 2 )
=11.892/2243.452
=0.53 %

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))
=2025.102 - 185.381 - ( 23.422 - max(0, 2784.932 - 356.997+23.422))
=4267.656

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:

Manng International'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 )
=13.648/( ( (500.474 + max(-24.381, 0)) + (36.579 + max(-32.607, 0)) )/ 2 )
=13.648/( ( 500.474 + 36.579 )/ 2 )
=13.648/268.5265
=5.08 %

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)
=(39.247 + 261.149 + 0) - (185.381 + 0 + 139.396)
=-24.381

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26.652 + 0.062 + 0) - (33.12 + 0 + 26.201)
=-32.607

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2025 )
=-19.632/970.337
=-2.02 %

* 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.


Manng International EBIT Related Terms


Manng International EBIT Historical Data

* Premium members only.

The historical data trend for Manng 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.

Manng International EBIT Chart

Manng 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 -189.64 -313.35 -408.79 -382.36 -19.63

Manng 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 -329.16 -5.00 -377.37 6.82 -26.46

HKSE:00938 vs CBRE, BEKE, JLL: EBIT Comparison

For the Real Estate Services subindustry, Manng 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.


Manng International EV-to-EBIT vs Real Estate Industry

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

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


HKSE:00938
46GF Score
Man Sang International Ltd HKSE:00938
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Manng 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 Sep. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-19.63 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$-19.63 Mil mean?
Manng International (HKSE:00938) has a EBIT of HK$-19.63 Mil as of Sep. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Manng International.
Is Manng International's EBIT too high?
Manng International's current EBIT is HK$-19.63 Mil. Overall, Manng International has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Manng International's EBIT compare to CBRE and BEKE?
Manng International's EBIT of HK$-19.63 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 Manng International. Manng International's current EBIT is HK$-19.63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manng International stock overvalued right now?
Based on GuruFocus' analysis, Manng International (HKSE:00938) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.14, compared to a current price of HK$0.37 — trading 68% below its estimated fair value. The current EBIT is HK$-19.63 Mil. Manng International's overall GF Score™ is 46/100 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 Manng International (HKSE:00938), the current EBIT is HK$-19.63 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 Manng International (HKSE:00938) Overvalued in 2026?

Based on GuruFocus' analysis, Manng International stock appears to be undervalued. The current stock price of HK$0.37 is trading 68% below its estimated GF Value™ of HK$1.14. GuruFocus considers Manng International to be Possible Value Trap.

Key valuation signals for HKSE:00938:

  • EBIT: HK$-19.63 Mil
  • GF Value™: HK$1.14 vs. price of HK$0.37 (68% below fair value)
  • GF Score™: 46/100 with 8 warning signs

No single metric tells the full story. See the HKSE:00938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Manng International Business Description

Address 87 Wing Lok Street, Unit A&B, 14th Floor, Teda Building, Sheung Wan, Hong Kong, HKG
Man Sang International Ltd is an investment holding company. The company's operating segment includes Chongqing property, Property management services, Renovation and decoration, and Hotel operations in Japan. The company generates maximum revenue from the Chongqing property segment, which includes property development, sales, and leasing of properties. Geographically, it derives maximum revenue from Mainland China and also operates in Japan.
46GF Score

Get the complete analysis for HKSE:00938

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

HK$0.37
Price
HK$1.14
GF Value