Maoyan Entertainment (HKSE:01896) EBIT: HK$864 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:01896 Maoyan Entertainment HKSE:01896
82 GF Score
Price HK$4.92
GF Value HK$9.91
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Maoyan Entertainment EBIT?

Maoyan Entertainment HKSE:01896 +10.31% 82 EBIT is HK$864 Mil as of Dec. 2025. GuruFocus rates HKSE:01896 with a GF Score™ of 82/100 and a GF Value™ of HK$9.91 (Possible Value Trap). The stock has 2 warning signs investors should review.

Maoyan Entertainment's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was HK$537 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$864 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Maoyan Entertainment's annualized ROC % for the quarter that ended in Dec. 2025 was 10.24%. Maoyan Entertainment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 3,788.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Maoyan Entertainment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 31.18%.


Maoyan Entertainment  (HKSE:01896) EBIT Explanation

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

Maoyan Entertainment'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 )
=981.46 * ( 1 - 20.57% )/( (7448.57 + 7782.104)/ 2 )
=779.573678/7615.337
=10.24 %

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))
=14194.85 - 4060.615 - ( 2685.665 - max(0, 4387.407 - 7115.702+2685.665))
=7448.57

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))
=14057.078 - 3526.434 - ( 2748.54 - max(0, 3701.549 - 6944.347+2748.54))
=7782.104

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:

Maoyan Entertainment'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 )
=1074.896/( ( (26.217 + max(-2912.337, 0)) + (30.529 + max(-2690.469, 0)) )/ 2 )
=1074.896/( ( 26.217 + 30.529 )/ 2 )
=1074.896/28.373
=3,788.45 %

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)
=(921.132 + 34.652 + 221.356) - (4060.615 + 0 + 28.862)
=-2912.337

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(803.115 + 16.645 + 82.817999999999) - (3526.434 + 0 + 66.613)
=-2690.469

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:

Maoyan Entertainment's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=863.585/2769.512
=31.18 %

* 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.


Maoyan Entertainment EBIT Related Terms


Maoyan Entertainment EBIT Historical Data

* Premium members only.

The historical data trend for Maoyan Entertainment'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.

Maoyan Entertainment EBIT Chart

Maoyan Entertainment 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 693.21 221.59 1,267.47 331.92 867.07

Maoyan Entertainment Semi-Annual Data
Dec15 Dec16 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 672.75 489.52 -153.57 326.14 537.45

HKSE:01896 vs GOOGL, META, SPOT: EBIT Comparison

For the Internet Content & Information subindustry, Maoyan Entertainment'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.


Maoyan Entertainment EV-to-EBIT vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Maoyan Entertainment's EV-to-EBIT distribution charts can be found below:

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


HKSE:01896
82GF Score
Maoyan Entertainment HKSE:01896
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maoyan Entertainment 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$864 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$864 Mil mean?
Maoyan Entertainment (HKSE:01896) has a EBIT of HK$864 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Maoyan Entertainment.
Is Maoyan Entertainment's EBIT too high?
Maoyan Entertainment's current EBIT is HK$864 Mil. Overall, Maoyan Entertainment has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Maoyan Entertainment's EBIT compare to GOOGL and META?
Maoyan Entertainment's EBIT of HK$864 Mil can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good EBIT depends on the Interactive Media 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 Maoyan Entertainment. Maoyan Entertainment's current EBIT is HK$864 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maoyan Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Maoyan Entertainment (HKSE:01896) is currently considered Possible Value Trap. The stock's GF Value™ is HK$9.91, compared to a current price of HK$4.92 — trading 50.4% below its estimated fair value. The current EBIT is HK$864 Mil. Maoyan Entertainment's overall GF Score™ is 82/100 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 Maoyan Entertainment (HKSE:01896), the current EBIT is HK$864 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 Maoyan Entertainment (HKSE:01896) Overvalued in 2026?

Based on GuruFocus' analysis, Maoyan Entertainment stock appears to be undervalued. The current stock price of HK$4.92 is trading 50.4% below its estimated GF Value™ of HK$9.91. GuruFocus considers Maoyan Entertainment to be Possible Value Trap.

Key valuation signals for HKSE:01896:

  • EBIT: HK$864 Mil
  • GF Value™: HK$9.91 vs. price of HK$4.92 (50.4% below fair value)
  • GF Score™: 82/100 with 2 warning signs

No single metric tells the full story. See the HKSE:01896 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maoyan Entertainment Business Description

Address No. 11 Hepingli East Street, No. 3 Building, Yonghe Hangxing Garden, Dongcheng District, Beijing, CHN
Maoyan Entertainment is a China-based company that mainly operates an Internet-empowered entertainment service platform. The company operates in three segments. The Online Entertainment Ticketing Services segment offers online ticketing services for comprehensive entertainment formats, such as movies and entertainment events. The Entertainment Content Services segment operates an integrated platform to provide entertainment content services, ranging from distribution and promotion to production, for various entertainment formats, including movies, TV series, variety shows, and entertainment events. The Advertising Services and Others segment serves advertisers in both the entertainment industry and other industries, including automobile, electronics, and consumer products.
82GF Score

Get the complete analysis for HKSE:01896

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

HK$4.92
Price
HK$9.91
GF Value