KRP Development Holdings (HKSE:02421) EBIT: HK$38.2 Mil (TTM As of Sep. 2025)


HKSE:02421 KRP Development Holdings Ltd HKSE:02421
53 GF Score
Price HK$0.62
GF Value HK$0.33
Valuation Significantly Overvalued
! 6 Warning Signs
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What is KRP Development Holdings EBIT?

KRP Development Holdings HKSE:02421 +3.33% 53 EBIT is HK$38.2 Mil as of Sep. 2025. GuruFocus rates HKSE:02421 with a GF Score™ of 53/100 and a GF Value™ of HK$0.33 (Significantly Overvalued). The stock has 6 warning signs investors should review.

KRP Development Holdings's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2025 was HK$20.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2025 was HK$38.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. KRP Development Holdings's annualized ROC % for the quarter that ended in Sep. 2025 was 1.86%. KRP Development Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 8.48%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. KRP Development Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 13.50%.

KRP Development Holdings  (HKSE:02421) EBIT Explanation

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

KRP Development Holdings's annualized ROC % for the quarter that ended in Sep. 2025 is calculated as:

ROC % (Q: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2025 ) + Invested Capital (Q: Sep. 2025 ))/ count )
=35.322 * ( 1 - 47.05% )/( (1220.452 + 793.044)/ 2 )
=18.702999/1006.748
=1.86 %

where

Invested Capital(Q: Mar. 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))
=1451.743 - 37.701 - ( 193.59 - max(0, 508.131 - 1158.022+193.59))
=1220.452

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))
=1515.864 - 508.046 - ( 214.774 - max(0, 513.608 - 1173.38+214.774))
=793.044

Note: The Operating Income data used here is two times the semi-annual (Sep. 2025) data.

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

KRP Development Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2025  Q: Sep. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=41.806/( ( (46.773 + max(450.762, 0)) + (77.117 + max(411.335, 0)) )/ 2 )
=41.806/( ( 497.535 + 488.452 )/ 2 )
=41.806/492.9935
=8.48 %

where Working Capital is:

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 941.362 + 17.513) - (37.701 + 0 + 470.412)
=450.762

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 920.811 + 3.1900000000001) - (508.046 + 0 + 4.6199999999999)
=411.335

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2025) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2025 )
=38.185/282.757
=13.50 %

* 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.

KRP Development Holdings EBIT Related Terms

KRP Development Holdings EBIT Historical Data

* Premium members only.

The historical data trend for KRP Development 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.

KRP Development Holdings EBIT Chart

KRP Development Holdings Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial 693.16 518.86 93.84 56.89 39.00

KRP Development Holdings Semi-Annual Data
Mar20 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 38.63 47.02 11.10 20.90 17.28

KRP Development Holdings EBIT Competitor Comparison

For the Real Estate - Development subindustry, KRP Development 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.

KRP Development Holdings EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, KRP Development Holdings's EV-to-EBIT distribution charts can be found below:

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


HKSE:02421
53GF Score
KRP Development Holdings Ltd HKSE:02421
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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KRP Development 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 Sep. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$38.2 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$38.2 Mil mean?
KRP Development Holdings (HKSE:02421) has a EBIT of HK$38.2 Mil as of Sep. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on KRP Development Holdings.
Is KRP Development Holdings' EBIT too high?
KRP Development Holdings' current EBIT is HK$38.2 Mil. Overall, KRP Development Holdings has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KRP Development Holdings' EBIT compare to competitors?
KRP Development Holdings' EBIT of HK$38.2 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good EBIT depends on the Real Estate 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 KRP Development Holdings. KRP Development Holdings's current EBIT is HK$38.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KRP Development Holdings stock overvalued right now?
Based on GuruFocus' analysis, KRP Development Holdings (HKSE:02421) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.33, compared to a current price of HK$0.62 — trading 87.9% above its estimated fair value. The current EBIT is HK$38.2 Mil. KRP Development Holdings' overall GF Score™ is 53/100 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 KRP Development Holdings (HKSE:02421), the current EBIT is HK$38.2 Mil as of Sep. 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 KRP Development Holdings (HKSE:02421) Overvalued in 2026?

Based on GuruFocus' analysis, KRP Development Holdings stock appears to be overvalued. The current stock price of HK$0.62 is trading 87.9% above its estimated GF Value™ of HK$0.33. GuruFocus considers KRP Development Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:02421:

  • EBIT: HK$38.2 Mil
  • GF Value™: HK$0.33 vs. price of HK$0.62 (87.9% above fair value)
  • GF Score™: 53/100 with 6 warning signs

No single metric tells the full story. See the HKSE:02421 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

KRP Development Holdings Business Description

Address 611-619 Castle Peak Road, Block C, 9th Floor, Southeast Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG
KRP Development Holdings Ltd is a boutique residential property developer. The firm is principally engaged in the development and sales of residential properties in Dongguan, Huizhou, and Foshan. It has developed two product series for homebuyers, namely, the Villas series, targeting middle-income and move-up homebuyers, and Mansion, targeting first-time homebuyers and retirees.
53GF Score

Get the complete analysis for HKSE:02421

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

HK$0.62
Price
HK$0.33
GF Value