Xtep International Holdings (HKSE:01368) EBIT: HK$2,296 Mil (TTM As of Dec. 2025)


HKSE:01368 Xtep International Holdings Ltd HKSE:01368
91 GF Score
Price HK$3.67
GF Value HK$5.72
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Xtep International Holdings EBIT?

Xtep International Holdings HKSE:01368 -4.18% 91 EBIT is HK$2,296 Mil as of Dec. 2025. GuruFocus rates HKSE:01368 with a GF Score™ of 91/100 and a GF Value™ of HK$5.72 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Xtep International Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was HK$828 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$2,296 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Xtep International Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was 7.96%. Xtep International Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 27.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Xtep International Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 25.44%.


Xtep International Holdings  (HKSE:01368) EBIT Explanation

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

Xtep International 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 )
=1355.738 * ( 1 - 33.77% )/( (10957.934 + 11605.406)/ 2 )
=897.9052774/11281.67
=7.96 %

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))
=18771.964 - 3720.035 - ( 4093.995 - max(0, 6311.506 - 13892.622+4093.995))
=10957.934

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))
=18668.613 - 2742.506 - ( 4320.701 - max(0, 5690.693 - 13502.291+4320.701))
=11605.406

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:

Xtep International 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 )
=1655.064/( ( (2650.828 + max(3234.163, 0)) + (2841.025 + max(3373.062, 0)) )/ 2 )
=1655.064/( ( 5884.991 + 6214.087 )/ 2 )
=1655.064/6049.539
=27.36 %

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)
=(5294.515 + 2464.474 + 520.89) - (3720.035 + 0 + 1325.681)
=3234.163

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5241.123 + 2020.52 + 258.567) - (2742.506 + 0 + 1404.642)
=3373.062

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=2296.276/9024.756
=25.44 %

* 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.


Xtep International Holdings EBIT Related Terms


Xtep International Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Xtep International 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.

Xtep International Holdings EBIT Chart

Xtep International 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 1,685.41 1,656.71 2,018.36 2,168.27 2,311.95

Xtep International 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 928.33 1,318.25 860.88 1,468.74 827.53

HKSE:01368 vs TJX, ROST, BURL: EBIT Comparison

For the Apparel Retail subindustry, Xtep International 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.


Xtep International Holdings EV-to-EBIT vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Xtep International Holdings's EV-to-EBIT distribution charts can be found below:

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


HKSE:01368
91GF Score
Xtep International Holdings Ltd HKSE:01368
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Xtep International 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$2,296 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$2,296 Mil mean?
Xtep International Holdings (HKSE:01368) has a EBIT of HK$2,296 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Xtep International Holdings.
Is Xtep International Holdings' EBIT too high?
Xtep International Holdings' current EBIT is HK$2,296 Mil. Overall, Xtep International Holdings has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xtep International Holdings' EBIT compare to TJX and ROST?
Xtep International Holdings' EBIT of HK$2,296 Mil can be compared against companies in the Retail - Cyclical 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 - Cyclical company?
A good EBIT depends on the Retail - Cyclical 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 Xtep International Holdings. Xtep International Holdings's current EBIT is HK$2,296 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xtep International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Xtep International Holdings (HKSE:01368) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$5.72, compared to a current price of HK$3.67 — trading 35.8% below its estimated fair value. The current EBIT is HK$2,296 Mil. Xtep International Holdings' overall GF Score™ is 91/100 with 2 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 Xtep International Holdings (HKSE:01368), the current EBIT is HK$2,296 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 Xtep International Holdings (HKSE:01368) Overvalued in 2026?

Based on GuruFocus' analysis, Xtep International Holdings stock appears to be undervalued. The current stock price of HK$3.67 is trading 35.8% below its estimated GF Value™ of HK$5.72. GuruFocus considers Xtep International Holdings to be Significantly Undervalued.

Key valuation signals for HKSE:01368:

  • EBIT: HK$2,296 Mil
  • GF Value™: HK$5.72 vs. price of HK$3.67 (35.8% below fair value)
  • GF Score™: 91/100 with 2 warning signs

No single metric tells the full story. See the HKSE:01368 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xtep International Holdings Business Description

Address No. 89 Jiayi Road, Xiamen Xtep Tower, Guanyinshan Siming District, Fujian Province, Xiamen, CHN, 361008
Xtep International Holdings Ltd is principally engaged in the design, development, manufacturing, sales, marketing and brand management of sports products including footwear, apparel and accessories for adults and children. With its core Xtep brand, as well as Saucony and Merrell under its diversified brand portfolio, and professional sports segments through an extensive distribution network of more than 8,100 stores. It has two reportable operating segments from continuing operations as follows: (a) mass market segment, including signature brand, Xtep; and (b) professional sports segment, including signature brands, Saucony and Merrell.
91GF Score

Get the complete analysis for HKSE:01368

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

HK$3.67
Price
HK$5.72
GF Value