Plover Bay Technologies (HKSE:01523) EBIT: HK$427 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:01523 Plover Bay Technologies Ltd HKSE:01523
92 GF Score
Price HK$8.00
GF Value HK$5.53
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Plover Bay Technologies EBIT?

Plover Bay Technologies HKSE:01523 -0.87% 92 EBIT is HK$427 Mil as of Dec. 2025. GuruFocus rates HKSE:01523 with a GF Score™ of 92/100 and a GF Value™ of HK$5.53 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Plover Bay Technologies's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was HK$217 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$427 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Plover Bay Technologies's annualized ROC % for the quarter that ended in Dec. 2025 was 121.47%. Plover Bay Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 961.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Plover Bay Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 5.06%.


Plover Bay Technologies  (HKSE:01523) EBIT Explanation

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

Plover Bay Technologies'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 )
=423.214 * ( 1 - 14.27% )/( (304.322 + 293.064)/ 2 )
=362.8213622/298.693
=121.47 %

where

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))
=920.103 - 120.898 - ( 506.141 - max(0, 355.567 - 881.308+506.141))
=293.064

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:

Plover Bay Technologies'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 )
=433.08/( ( (21.034 + max(44.926, 0)) + (24.105 + max(-13.102, 0)) )/ 2 )
=433.08/( ( 65.96 + 24.105 )/ 2 )
=433.08/45.0325
=961.71 %

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)
=(203.035 + 106.89 + 17.982) - (99.693 + 0 + 183.288)
=44.926

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(175.644 + 141.463 + 19.421) - (120.898 + 0 + 228.732)
=-13.102

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:

Plover Bay Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=426.623/8428.963
=5.06 %

* 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.


Plover Bay Technologies EBIT Related Terms


Plover Bay Technologies EBIT Historical Data

* Premium members only.

The historical data trend for Plover Bay Technologies'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.

Plover Bay Technologies EBIT Chart

Plover Bay Technologies 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 193.23 207.29 260.06 354.58 424.81

Plover Bay Technologies 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 141.91 178.64 176.78 210.08 216.54

HKSE:01523 vs CSCO, CIEN, MSI: EBIT Comparison

For the Communication Equipment subindustry, Plover Bay Technologies'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.


Plover Bay Technologies EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Plover Bay Technologies's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Plover Bay Technologies's EV-to-EBIT falls into.


HKSE:01523
92GF Score
Plover Bay Technologies Ltd HKSE:01523
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Plover Bay Technologies 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$427 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$427 Mil mean?
Plover Bay Technologies (HKSE:01523) has a EBIT of HK$427 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Plover Bay Technologies.
Is Plover Bay Technologies' EBIT too high?
Plover Bay Technologies' current EBIT is HK$427 Mil. Overall, Plover Bay Technologies has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plover Bay Technologies' EBIT compare to CSCO and CIEN?
Plover Bay Technologies' EBIT of HK$427 Mil can be compared against companies in the Hardware 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 Hardware company?
A good EBIT depends on the Hardware 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 Plover Bay Technologies. Plover Bay Technologies's current EBIT is HK$427 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plover Bay Technologies stock overvalued right now?
Based on GuruFocus' analysis, Plover Bay Technologies (HKSE:01523) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$5.53, compared to a current price of HK$8.00 — trading 44.7% above its estimated fair value. The current EBIT is HK$427 Mil. Plover Bay Technologies' overall GF Score™ is 92/100 with 1 warning sign 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 Plover Bay Technologies (HKSE:01523), the current EBIT is HK$427 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 Plover Bay Technologies (HKSE:01523) Overvalued in 2026?

Based on GuruFocus' analysis, Plover Bay Technologies stock appears to be overvalued. The current stock price of HK$8.00 is trading 44.7% above its estimated GF Value™ of HK$5.53. GuruFocus considers Plover Bay Technologies to be Significantly Overvalued.

Key valuation signals for HKSE:01523:

  • EBIT: HK$427 Mil
  • GF Value™: HK$5.53 vs. price of HK$8.00 (44.7% above fair value)
  • GF Score™: 92/100 with 1 warning sign

No single metric tells the full story. See the HKSE:01523 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Plover Bay Technologies Business Description

Other Exchanges PBTDF:USA
Address 93 King Lam Street, Unit B, 5th Floor, Dragon Industrial Building, Lai Chi Kok, Kowloon, Hong Kong, HKG
Plover Bay Technologies Ltd is an investment holding company. It is a vendor of connectivity hardware, software, and services. The company's products include wired SD-WAN routers, wireless SD-WAN routers, and networking peripherals that support customer's networks. It also engages in the sales of software licences and the provision of warranty and support services. Companies' segments consist mainly of the following categories: SD-WAN routers; Mobile First Connectivity, which denotes products connected through mobile networks; warranty and support services; and software licences. The Mobile First Connectivity has the highest revenue. Geographical regions: North America, EMEA, Asia, and other regions.
92GF Score

Get the complete analysis for HKSE:01523

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

HK$8.00
Price
HK$5.53
GF Value