AAC Technologies Holdings (HKSE:02018) EBIT: HK$3,611 Mil (TTM As of Dec. 2025)

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HKSE:02018 AAC Technologies Holdings Inc HKSE:02018
93 GF Score
Price HK$41.94
GF Value HK$48.07
Valuation Modestly Undervalued
! 2 Warning Signs
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What is AAC Technologies Holdings EBIT?

AAC Technologies Holdings HKSE:02018 +2.14% 93 EBIT is HK$3,611 Mil as of Dec. 2025. GuruFocus rates HKSE:02018 with a GF Score™ of 93/100 and a GF Value™ of HK$48.07 (Modestly Undervalued). The stock has 2 warning signs investors should review.

AAC Technologies Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was HK$2,276 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$3,611 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AAC Technologies Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was 11.62%. AAC Technologies Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 19.62%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AAC Technologies Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 7.11%.


AAC Technologies Holdings  (HKSE:02018) EBIT Explanation

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

AAC Technologies 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 )
=4227.9 * ( 1 - 10.03% )/( (32636.235 + 32824.178)/ 2 )
=3803.84163/32730.2065
=11.62 %

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))
=51411.889 - 11875.909 - ( 8472.525 - max(0, 15519.603 - 22419.348+8472.525))
=32636.235

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))
=54107.773 - 13165.246 - ( 9514.222 - max(0, 16409.125 - 24527.474+9514.222))
=32824.178

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:

AAC Technologies 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 )
=4552.944/( ( (22373.008 + max(688.508, 0)) + (22961.734 + max(389.784, 0)) )/ 2 )
=4552.944/( ( 23061.516 + 23351.518 )/ 2 )
=4552.944/23206.517
=19.62 %

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)
=(6599.028 + 5021.032 + 1401.52) - (11875.909 + 0 + 457.163)
=688.508

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7245.615 + 5006.389 + 1769.521) - (13165.246 + 0 + 466.495)
=389.784

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=3611.366/50797.922
=7.11 %

* 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.


AAC Technologies Holdings EBIT Related Terms


AAC Technologies Holdings EBIT Historical Data

* Premium members only.

The historical data trend for AAC Technologies 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.

AAC Technologies Holdings EBIT Chart

AAC Technologies 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 2,238.74 1,411.26 1,327.50 2,570.59 3,625.61

AAC Technologies 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 913.18 898.43 1,679.57 1,334.89 2,276.47

HKSE:02018 vs CSCO, MSI, HPE: EBIT Comparison

For the Communication Equipment subindustry, AAC Technologies 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.


AAC Technologies Holdings EV-to-EBIT vs Hardware Industry

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

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


HKSE:02018
93GF Score
AAC Technologies Holdings Inc HKSE:02018
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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AAC Technologies 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$3,611 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$3,611 Mil mean?
AAC Technologies Holdings (HKSE:02018) has a EBIT of HK$3,611 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on AAC Technologies Holdings.
Is AAC Technologies Holdings' EBIT too high?
AAC Technologies Holdings' current EBIT is HK$3,611 Mil. Overall, AAC Technologies Holdings has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AAC Technologies Holdings' EBIT compare to CSCO and MSI?
AAC Technologies Holdings' EBIT of HK$3,611 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 AAC Technologies Holdings. AAC Technologies Holdings's current EBIT is HK$3,611 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AAC Technologies Holdings stock overvalued right now?
Based on GuruFocus' analysis, AAC Technologies Holdings (HKSE:02018) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$48.07, compared to a current price of HK$41.94 — trading 12.8% below its estimated fair value. The current EBIT is HK$3,611 Mil. AAC Technologies Holdings' overall GF Score™ is 93/100 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 AAC Technologies Holdings (HKSE:02018), the current EBIT is HK$3,611 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 AAC Technologies Holdings (HKSE:02018) Overvalued in 2026?

Based on GuruFocus' analysis, AAC Technologies Holdings stock appears to be undervalued. The current stock price of HK$41.94 is trading 12.8% below its estimated GF Value™ of HK$48.07. GuruFocus considers AAC Technologies Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:02018:

  • EBIT: HK$3,611 Mil
  • GF Value™: HK$48.07 vs. price of HK$41.94 (12.8% below fair value)
  • GF Score™: 93/100 with 2 warning signs

No single metric tells the full story. See the HKSE:02018 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AAC Technologies Holdings Business Description

Address 1 Hennessy Road, Suite 2601, 26th Floor, One Hennessy, Wanchai, Hong Kong, HKG
AAC Technologies is one of the world's largest manufacturers of miniature acoustic components, such as speakers and receivers, primarily for smartphones. Founded in 1993, the company has since expanded into the production of other handset components, such as electromagnetic drives (haptics), precision mechanical, lenses and camera modules, sensors, and MEMS microphones. AAC is headquartered in Shenzhen, China, and runs factories in China, Vietnam, Czechia, and Malaysia. It employed 44,181 people as at June 30, 2025.
93GF Score

Get the complete analysis for HKSE:02018

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

HK$41.94
Price
HK$48.07
GF Value