Deep Source Holdings (HKSE:00990) EBIT: HK$955 Mil (TTM As of Dec. 2025)

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HKSE:00990 Deep Source Holdings Ltd HKSE:00990
53 GF Score
Price HK$0.51
GF Value HK$0.22
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Deep Source Holdings EBIT?

Deep Source Holdings HKSE:00990 -3.77% 53 EBIT is HK$955 Mil as of Dec. 2025. GuruFocus rates HKSE:00990 with a GF Score™ of 53/100 and a GF Value™ of HK$0.22 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Deep Source Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was HK$541 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$955 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Deep Source Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was 7.57%. Deep Source Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 48.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Deep Source Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 13.41%.


Deep Source Holdings  (HKSE:00990) EBIT Explanation

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

Deep Source 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 )
=598.986 * ( 1 - 13.26% )/( (5684.057 + 8042.545)/ 2 )
=519.5604564/6863.301
=7.57 %

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))
=19642.004 - 10544.189 - ( 3413.758 - max(0, 11593.095 - 16829.592+3413.758))
=5684.057

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))
=22631.388 - 12233.925 - ( 2354.918 - max(0, 14214.409 - 19805.28+2354.918))
=8042.545

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:

Deep Source 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 )
=1082.548/( ( (175.752 + max(1935.208, 0)) + (180.689 + max(2200.959, 0)) )/ 2 )
=1082.548/( ( 2110.96 + 2381.648 )/ 2 )
=1082.548/2246.304
=48.19 %

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)
=(6146.969 + 1915.146 + 5253.815) - (10544.189 + 0 + 836.533)
=1935.208

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5085.278 + 3527.077 + 7237.357) - (12233.925 + 0 + 1414.828)
=2200.959

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=954.648/7119.180
=13.41 %

* 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.


Deep Source Holdings EBIT Related Terms


Deep Source Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Deep Source 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.

Deep Source Holdings EBIT Chart

Deep Source 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 1,300.07 1,780.20 1,550.49 456.03 954.65

Deep Source 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 606.07 356.72 99.31 413.37 541.27

HKSE:00990 vs NUE, STLD, RS: EBIT Comparison

For the Steel subindustry, Deep Source 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.


Deep Source Holdings EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Deep Source Holdings's EV-to-EBIT distribution charts can be found below:

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


HKSE:00990
53GF Score
Deep Source Holdings Ltd HKSE:00990
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deep Source 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$955 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$955 Mil mean?
Deep Source Holdings (HKSE:00990) has a EBIT of HK$955 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Deep Source Holdings.
Is Deep Source Holdings' EBIT too high?
Deep Source Holdings' current EBIT is HK$955 Mil. Overall, Deep Source Holdings has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deep Source Holdings' EBIT compare to NUE and STLD?
Deep Source Holdings' EBIT of HK$955 Mil can be compared against companies in the Steel 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 Steel company?
A good EBIT depends on the Steel 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 Deep Source Holdings. Deep Source Holdings's current EBIT is HK$955 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deep Source Holdings stock overvalued right now?
Based on GuruFocus' analysis, Deep Source Holdings (HKSE:00990) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.22, compared to a current price of HK$0.51 — trading 131.8% above its estimated fair value. The current EBIT is HK$955 Mil. Deep Source Holdings' overall GF Score™ is 53/100 with 7 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 Deep Source Holdings (HKSE:00990), the current EBIT is HK$955 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 Deep Source Holdings (HKSE:00990) Overvalued in 2026?

Based on GuruFocus' analysis, Deep Source Holdings stock appears to be overvalued. The current stock price of HK$0.51 is trading 131.8% above its estimated GF Value™ of HK$0.22. GuruFocus considers Deep Source Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:00990:

  • EBIT: HK$955 Mil
  • GF Value™: HK$0.22 vs. price of HK$0.51 (131.8% above fair value)
  • GF Score™: 53/100 with 7 warning signs

No single metric tells the full story. See the HKSE:00990 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Deep Source Holdings Business Description

Address 168-200 Connaught Road Central, Unit 3401-03, 34th Floor, China Merchants Tower, Shun Tak Centre, Sheung Wan, Hong Kong, HKG
Deep Source Holdings Ltd and its subsidiaries are principally engaged in two business segments. The distribution, trading, and processing business segment involves the distribution, trading, and processing of bulk commodities and related products in Hong Kong, Singapore, and the People's Republic of China. Financial services business segment that involves the provision of securities and derivatives financial services, margin financing, and fund management in Hong Kong and Singapore. It generates a vast majority of revenues from the distribution, trading, and processing segment in Singapore.
53GF Score

Get the complete analysis for HKSE:00990

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

HK$0.51
Price
HK$0.22
GF Value