Modern Innovative Digital Technology Company (HKSE:02322) EBIT: HK$-257.78 Mil (TTM As of Mar. 2026)

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What is Modern Innovative Digital Technology Company EBIT?

Modern Innovative Digital Technology Company HKSE:02322 EBIT is HK$-257.78 Mil as of Mar. 2026. The stock has 6 warning signs investors should review.

Modern Innovative Digital Technology Company's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was HK$-235.57 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was HK$-257.78 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Modern Innovative Digital Technology Company's annualized ROC % for the quarter that ended in Mar. 2026 was -91.18%. Modern Innovative Digital Technology Company's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -234.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Modern Innovative Digital Technology Company's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -114.33%.

Modern Innovative Digital Technology Company  (HKSE:02322) EBIT Explanation

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

Modern Innovative Digital Technology Company'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 )
=-444.796 * ( 1 - 0.52% )/( (574.146 + 396.409)/ 2 )
=-442.4830608/485.2775
=-91.18 %

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))
=661.634 - 20.715 - ( 66.773 - max(0, 35.098 - 557.692+66.773))
=574.146

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))
=479.874 - 27.622 - ( 55.843 - max(0, 41.517 - 379.749+55.843))
=396.409

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:

Modern Innovative Digital Technology Company'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 )
=-471.138/( ( (18.483 + max(225.668, 0)) + (15.246 + max(142.496, 0)) )/ 2 )
=-471.138/( ( 244.151 + 157.742 )/ 2 )
=-471.138/200.9465
=-234.46 %

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)
=(222.622 + 0 + 32.678) - (20.715 + 0 + 8.917)
=225.668

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(145.507 + 0 + 32.682) - (27.622 + 0 + 8.071)
=142.496

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:

Modern Innovative Digital Technology Company's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-257.783/225.480
=-114.33 %

* 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.

Modern Innovative Digital Technology Company EBIT Related Terms

Modern Innovative Digital Technology Company EBIT Historical Data

* Premium members only.

The historical data trend for Modern Innovative Digital Technology Company'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.

Modern Innovative Digital Technology Company EBIT Chart

Modern Innovative Digital Technology Company Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.37 -42.70 -90.97 -83.54 -257.78

Modern Innovative Digital Technology Company Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -94.41 -29.90 -53.63 -22.21 -235.57

HKSE:02322 vs MMM, HON: EBIT Comparison

For the Conglomerates subindustry, Modern Innovative Digital Technology Company'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.

Modern Innovative Digital Technology Company EV-to-EBIT vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Modern Innovative Digital Technology Company's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Modern Innovative Digital Technology Company's EV-to-EBIT falls into.


Modern Innovative Digital Technology Company 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$-257.78 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$-257.78 Mil mean?
Modern Innovative Digital Technology Company (HKSE:02322) has a EBIT of HK$-257.78 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Modern Innovative Digital Technology Company.
Is Modern Innovative Digital Technology Company's EBIT too high?
Modern Innovative Digital Technology Company's current EBIT is HK$-257.78 Mil.
How does Modern Innovative Digital Technology Company's EBIT compare to MMM and HON?
Modern Innovative Digital Technology Company's EBIT of HK$-257.78 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good EBIT depends on the Conglomerates 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 Modern Innovative Digital Technology Company. Modern Innovative Digital Technology Company's current EBIT is HK$-257.78 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Innovative Digital Technology Company stock overvalued right now?
Based on GuruFocus' analysis, Modern Innovative Digital Technology Company (HKSE:02322) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.18, compared to a current price of HK$0.06 — trading 66.1% below its estimated fair value. The current EBIT is HK$-257.78 Mil. 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 Modern Innovative Digital Technology Company (HKSE:02322), the current EBIT is HK$-257.78 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.

Modern Innovative Digital Technology Company Business Description

Address 26 Harbour Road, Suite 2202, 22nd Floor, China Resources Building, Wanchai, Hong Kong, HKG
Modern Innovative Digital Technology Company Ltd formerly, Hong Kong ChaoShang Group Ltd is an investment holding company. It is engaged in Trading, Money lending & factoring segment, Finance leasing, and Finance Services. The trading segment is a key revenue driver, involved in the trading of goods in the PRC and Hong Kong. Money lending includes the provision of loan and factoring financing in Hong Kong and the PRC whereas, the finance leasing segment is engaged in the provision of finance leasing and sale-leaseback in the PRC. The financial services segment engaged in the provision of securities dealing broking, placing, underwriting, margin financing, and asset management services in Hong Kong. Geographically, it generates the majority of its revenue from the PRC.