Zero2IPO Holdings (HKSE:01945) EBIT: HK$97.2 Mil (TTM As of Dec. 2025)

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HKSE:01945 Zero2IPO Holdings Inc HKSE:01945
87 GF Score
Price HK$1.51
GF Value HK$1.63
Valuation Fairly Valued
! 2 Warning Signs
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What is Zero2IPO Holdings EBIT?

Zero2IPO Holdings HKSE:01945 -0.66% 87 EBIT is HK$97.2 Mil as of Dec. 2025. GuruFocus rates HKSE:01945 with a GF Score™ of 87/100 and a GF Value™ of HK$1.63 (Fairly Valued). The stock has 2 warning signs investors should review.

Zero2IPO Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was HK$111.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$97.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zero2IPO Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was 25.98%. Zero2IPO Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 331.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zero2IPO Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -63.20%.


Zero2IPO Holdings  (HKSE:01945) EBIT Explanation

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

Zero2IPO 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 )
=145.484 * ( 1 - 14.39% )/( (292.706 + 666.166)/ 2 )
=124.5488524/479.436
=25.98 %

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))
=800.369 - 18.592 - ( 578.149 - max(0, 134.871 - 623.942+578.149))
=292.706

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))
=1258.453 - 56.086 - ( 632.452 - max(0, 504.224 - 1040.425+632.452))
=666.166

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:

Zero2IPO 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 )
=223.104/( ( (70.674 + max(-75.455, 0)) + (63.965 + max(-77.753, 0)) )/ 2 )
=223.104/( ( 70.674 + 63.965 )/ 2 )
=223.104/67.3195
=331.41 %

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)
=(14.032 + 0 + 22.428) - (18.592 + 0 + 93.323)
=-75.455

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.418 + 0 + 388.912) - (56.086 + 0 + 422.997)
=-77.753

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:

Zero2IPO Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=97.224/-153.829
=-63.20 %

* 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.


Zero2IPO Holdings EBIT Related Terms


Zero2IPO Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Zero2IPO 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.

Zero2IPO Holdings EBIT Chart

Zero2IPO Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only 23.44 27.59 25.09 19.89 97.07

Zero2IPO Holdings Semi-Annual Data
Dec17 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 38.77 -9.48 29.29 -14.33 111.55

HKSE:01945 vs FRHC, VOYA: EBIT Comparison

For the Financial Conglomerates subindustry, Zero2IPO 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.


Zero2IPO Holdings EV-to-EBIT vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Zero2IPO Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zero2IPO Holdings's EV-to-EBIT falls into.


HKSE:01945
87GF Score
Zero2IPO Holdings Inc HKSE:01945
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zero2IPO 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$97.2 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$97.2 Mil mean?
Zero2IPO Holdings (HKSE:01945) has a EBIT of HK$97.2 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Zero2IPO Holdings.
Is Zero2IPO Holdings' EBIT too high?
Zero2IPO Holdings' current EBIT is HK$97.2 Mil. Overall, Zero2IPO Holdings has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zero2IPO Holdings' EBIT compare to FRHC and VOYA?
Zero2IPO Holdings' EBIT of HK$97.2 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good EBIT depends on the Diversified Financial Services 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 Zero2IPO Holdings. Zero2IPO Holdings's current EBIT is HK$97.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zero2IPO Holdings stock overvalued right now?
Based on GuruFocus' analysis, Zero2IPO Holdings (HKSE:01945) is currently considered Fairly Valued. The stock's GF Value™ is HK$1.63, compared to a current price of HK$1.51 — trading 7.4% below its estimated fair value. The current EBIT is HK$97.2 Mil. Zero2IPO Holdings' overall GF Score™ is 87/100 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 Zero2IPO Holdings (HKSE:01945), the current EBIT is HK$97.2 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 Zero2IPO Holdings (HKSE:01945) Overvalued in 2026?

Based on GuruFocus' analysis, Zero2IPO Holdings stock appears to be undervalued. The current stock price of HK$1.51 is trading 7.4% below its estimated GF Value™ of HK$1.63. GuruFocus considers Zero2IPO Holdings to be Fairly Valued.

Key valuation signals for HKSE:01945:

  • EBIT: HK$97.2 Mil
  • GF Value™: HK$1.63 vs. price of HK$1.51 (7.4% below fair value)
  • GF Score™: 87/100 with 2 warning signs

No single metric tells the full story. See the HKSE:01945 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zero2IPO Holdings Business Description

Address No.40 Xiaoyun Road, Units 2101-2109, Air China Century Building, Building No.1, Chaoyang District, Beijing, CHN, 100600
Zero2IPO Holdings Inc is an integrated service platform for the equity investment industry. It provides data, marketing, consulting, and training services to participants in the equity investment industry. Its segment includes Data services that focus on providing information data and research reports; Marketing services that focuses on providing information, industry exchanges, and brand promotion; Investment Banking Services for the venture capital industry; Training services that focus on talent training in the venture capital industry and provide professional entrepreneurship and investment training services. The majority of the revenue comes from the Investment Banking Services. Geographically, the company generates almost all of its revenue from PRC.
87GF Score

Get the complete analysis for HKSE:01945

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

HK$1.51
Price
HK$1.63
GF Value