Brainhole Technology (HKSE:02203) EBIT: HK$-24.35 Mil (TTM As of Dec. 2025)

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HKSE:02203 Brainhole Technology Ltd HKSE:02203
37 GF Score
Price HK$0.15
GF Value HK$0.04
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Brainhole Technology EBIT?

Brainhole Technology HKSE:02203 37 EBIT is HK$-24.35 Mil as of Dec. 2025. GuruFocus rates HKSE:02203 with a GF Score™ of 37/100 and a GF Value™ of HK$0.04 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Brainhole Technology's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was HK$-11.49 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-24.35 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Brainhole Technology's annualized ROC % for the quarter that ended in Dec. 2025 was -26.08%. Brainhole Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -90.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Brainhole Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -25.72%.


Brainhole Technology  (HKSE:02203) EBIT Explanation

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

Brainhole Technology'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 )
=-24.03 * ( 1 - 5.78% )/( (100.378 + 73.242)/ 2 )
=-22.641066/86.81
=-26.08 %

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))
=135.268 - 34.057 - ( 76.593 - max(0, 107.063 - 107.896+76.593))
=100.378

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:

Brainhole Technology'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 )
=-22.988/( ( (25.62 + max(-28.251, 0)) + (24.996 + max(-23.546, 0)) )/ 2 )
=-22.988/( ( 25.62 + 24.996 )/ 2 )
=-22.988/25.308
=-90.83 %

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)
=(11.227 + 1.564 + 2.605) - (34.057 + 0 + 9.59)
=-28.251

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.361 + 0.425 + 4.536) - (38.67 + 0 + 1.198)
=-23.546

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:

Brainhole Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-24.354/94.695
=-25.72 %

* 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.


Brainhole Technology EBIT Related Terms


Brainhole Technology EBIT Historical Data

* Premium members only.

The historical data trend for Brainhole Technology'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.

Brainhole Technology EBIT Chart

Brainhole Technology 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 -45.50 -58.63 -28.63 -98.26 -24.35

Brainhole Technology 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 -15.49 5.66 -103.92 -12.86 -11.49

HKSE:02203 vs NVDA, AVGO, MU: EBIT Comparison

For the Semiconductors subindustry, Brainhole Technology'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.


Brainhole Technology EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Brainhole Technology's EV-to-EBIT distribution charts can be found below:

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


HKSE:02203
37GF Score
Brainhole Technology Ltd HKSE:02203
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Brainhole Technology 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$-24.35 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$-24.35 Mil mean?
Brainhole Technology (HKSE:02203) has a EBIT of HK$-24.35 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Brainhole Technology.
Is Brainhole Technology's EBIT too high?
Brainhole Technology's current EBIT is HK$-24.35 Mil. Overall, Brainhole Technology has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Brainhole Technology's EBIT compare to NVDA and AVGO?
Brainhole Technology's EBIT of HK$-24.35 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good EBIT depends on the Semiconductors 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 Brainhole Technology. Brainhole Technology's current EBIT is HK$-24.35 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brainhole Technology stock overvalued right now?
Based on GuruFocus' analysis, Brainhole Technology (HKSE:02203) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.15 — trading 270% above its estimated fair value. The current EBIT is HK$-24.35 Mil. Brainhole Technology's overall GF Score™ is 37/100 with 6 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 Brainhole Technology (HKSE:02203), the current EBIT is HK$-24.35 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 Brainhole Technology (HKSE:02203) Overvalued in 2026?

Based on GuruFocus' analysis, Brainhole Technology stock appears to be overvalued. The current stock price of HK$0.15 is trading 270% above its estimated GF Value™ of HK$0.04. GuruFocus considers Brainhole Technology to be Significantly Overvalued.

Key valuation signals for HKSE:02203:

  • EBIT: HK$-24.35 Mil
  • GF Value™: HK$0.04 vs. price of HK$0.15 (270% above fair value)
  • GF Score™: 37/100 with 6 warning signs

No single metric tells the full story. See the HKSE:02203 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Brainhole Technology Business Description

Address 979 King’s Road, One Taikoo Place, Suites 1801-03, 18th Floor, Quarry Bay, Hong Kong, HKG
Brainhole Technology Ltd is a provider of smart communication infrastructure services in mainland China, focusing on offering products and solutions in the fields of smart homes, smart communities, and smart cities, addressing users software and hardware needs for smart products. The company is also engaged in broadband infrastructure construction and the provision of integrated solutions for smart domain applications (including smart home, smart campus and smart communities) in PRC. Its smart domain solution includes hardware for security and identification purposes, software for residence management, energy saving and community services. Its segments include the Semiconductor business, Broadband infrastructure and smart domain, and the Strategic investments segment.
37GF Score

Get the complete analysis for HKSE:02203

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

HK$0.15
Price
HK$0.04
GF Value