Tat Hong Equipment Service Co (HKSE:02153) EBIT: HK$-88.0 Mil (TTM As of Mar. 2026)

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HKSE:02153 Tat Hong Equipment Service Co Ltd HKSE:02153
47 GF Score
Price HK$0.80
GF Value HK$0.94
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Tat Hong Equipment Service Co EBIT?

Tat Hong Equipment Service Co HKSE:02153 +3.90% 47 EBIT is HK$-88.0 Mil as of Mar. 2026. GuruFocus rates HKSE:02153 with a GF Score™ of 47/100 and a GF Value™ of HK$0.94 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Tat Hong Equipment Service Co's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was HK$-51.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was HK$-88.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tat Hong Equipment Service Co's annualized ROC % for the quarter that ended in Mar. 2026 was -3.32%. Tat Hong Equipment Service Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -4.62%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tat Hong Equipment Service Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -4.05%.


Tat Hong Equipment Service Co  (HKSE:02153) EBIT Explanation

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

Tat Hong Equipment Service Co's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-108.606 * ( 1 - 16.54% )/( (2687.009 + 2768.927)/ 2 )
=-90.6425676/2727.968
=-3.32 %

where

Invested Capital(Q: Sep. 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))
=3268.284 - 421.895 - ( 160.722 - max(0, 1182.473 - 1341.853+160.722))
=2687.009

Invested Capital(Q: Mar. 2026 )
=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))
=3277.437 - 417.717 - ( 177.588 - max(0, 1186.806 - 1277.599+177.588))
=2768.927

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Tat Hong Equipment Service Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-101.98/( ( (1756.721 + max(411.628, 0)) + (1841.958 + max(405.595, 0)) )/ 2 )
=-101.98/( ( 2168.349 + 2247.553 )/ 2 )
=-101.98/2207.951
=-4.62 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(809.328 + 46.892 + 0.83799999999997) - (421.895 + 0 + 23.535)
=411.628

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(722.544 + 58.305 + 108.301) - (417.717 + 0 + 65.838)
=405.595

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Tat Hong Equipment Service Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-87.97/2171.294
=-4.05 %

* 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.


Tat Hong Equipment Service Co EBIT Related Terms


Tat Hong Equipment Service Co EBIT Historical Data

* Premium members only.

The historical data trend for Tat Hong Equipment Service Co'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.

Tat Hong Equipment Service Co EBIT Chart

Tat Hong Equipment Service Co Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only 88.74 8.99 -46.61 -49.41 -89.42

Tat Hong Equipment Service Co Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 -49.37 -6.96 -42.64 -36.98 -50.99

HKSE:02153 vs CAT, DE, PCAR: EBIT Comparison

For the Farm & Heavy Construction Machinery subindustry, Tat Hong Equipment Service Co'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.


Tat Hong Equipment Service Co EV-to-EBIT vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tat Hong Equipment Service Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tat Hong Equipment Service Co's EV-to-EBIT falls into.


HKSE:02153
47GF Score
Tat Hong Equipment Service Co Ltd HKSE:02153
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Tat Hong Equipment Service Co 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-88.0 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$-88.0 Mil mean?
Tat Hong Equipment Service Co (HKSE:02153) has a EBIT of HK$-88.0 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tat Hong Equipment Service Co.
Is Tat Hong Equipment Service Co's EBIT too high?
Tat Hong Equipment Service Co's current EBIT is HK$-88.0 Mil. Overall, Tat Hong Equipment Service Co has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tat Hong Equipment Service Co's EBIT compare to CAT and DE?
Tat Hong Equipment Service Co's EBIT of HK$-88.0 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good EBIT depends on the Farm & Heavy Construction Machinery 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 Tat Hong Equipment Service Co. Tat Hong Equipment Service Co's current EBIT is HK$-88.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tat Hong Equipment Service Co stock overvalued right now?
Based on GuruFocus' analysis, Tat Hong Equipment Service Co (HKSE:02153) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.94, compared to a current price of HK$0.80 — trading 14.9% below its estimated fair value. The current EBIT is HK$-88.0 Mil. Tat Hong Equipment Service Co's overall GF Score™ is 47/100 with 7 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 Tat Hong Equipment Service Co (HKSE:02153), the current EBIT is HK$-88.0 Mil as of Mar. 2026. 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 Tat Hong Equipment Service Co (HKSE:02153) Overvalued in 2026?

Based on GuruFocus' analysis, Tat Hong Equipment Service Co stock appears to be undervalued. The current stock price of HK$0.80 is trading 14.9% below its estimated GF Value™ of HK$0.94. GuruFocus considers Tat Hong Equipment Service Co to be Modestly Undervalued.

Key valuation signals for HKSE:02153:

  • EBIT: HK$-88.0 Mil
  • GF Value™: HK$0.94 vs. price of HK$0.80 (14.9% below fair value)
  • GF Score™: 47/100 with 7 warning signs

No single metric tells the full story. See the HKSE:02153 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tat Hong Equipment Service Co Business Description

Other Exchanges 1Q2:Germany
Address No. 2377, Shenkun Road, Room 601, Building 8, PortMix, Minhang District, Shanghai, CHN, 201106
Tat Hong Equipment Service Co Ltd is involved in providing tower crane services. The company offers a range of tower crane solutions, including consultation, technical design, commissioning, construction, and after-sales services. The operating segments generate revenue mainly from tower crane services. Geographically the key revenue is obtained from PRC region.
47GF Score

Get the complete analysis for HKSE:02153

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

HK$0.80
Price
HK$0.94
GF Value