China Treasures New Materials Group (HKSE:02439) EBIT: HK$39.8 Mil (TTM As of Dec. 2025)


HKSE:02439 China Treasures New Materials Group Ltd HKSE:02439
64 GF Score
Price HK$0.34
GF Value HK$0.20
Valuation Significantly Overvalued
! 9 Warning Signs
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What is China Treasures New Materials Group EBIT?

China Treasures New Materials Group HKSE:02439 -1.45% 64 EBIT is HK$39.8 Mil as of Dec. 2025. GuruFocus rates HKSE:02439 with a GF Score™ of 64/100 and a GF Value™ of HK$0.20 (Significantly Overvalued). The stock has 9 warning signs investors should review.

China Treasures New Materials Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was HK$-10.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$39.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Treasures New Materials Group's annualized ROC % for the quarter that ended in Dec. 2025 was -2.71%. China Treasures New Materials Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -2.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Treasures New Materials Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 6.30%.

China Treasures New Materials Group  (HKSE:02439) EBIT Explanation

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

China Treasures New Materials Group'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 )
=-21.286 * ( 1 - 8.69% )/( (501.57 + 931.2)/ 2 )
=-19.4362466/716.385
=-2.71 %

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))
=974.291 - 50.811 - ( 436.102 - max(0, 147.054 - 568.964+436.102))
=501.57

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))
=983.726 - 27.959 - ( 24.567 - max(0, 123.466 - 183.242+24.567))
=931.2

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:

China Treasures New Materials Group'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 )
=-20.594/( ( (405.093 + max(73.278, 0)) + (800.413 + max(115.081, 0)) )/ 2 )
=-20.594/( ( 478.371 + 915.494 )/ 2 )
=-20.594/696.9325
=-2.95 %

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)
=(85.252 + 28.065 + 18.517) - (50.811 + 0 + 7.745)
=73.278

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(61.806 + 19.089 + 68.033) - (27.959 + 0 + 5.888)
=115.081

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:

China Treasures New Materials Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=39.762/631.640
=6.30 %

* 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.

China Treasures New Materials Group EBIT Related Terms

China Treasures New Materials Group EBIT Historical Data

* Premium members only.

The historical data trend for China Treasures New Materials Group'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.

China Treasures New Materials Group EBIT Chart

China Treasures New Materials Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial 116.82 81.77 113.91 144.23 40.30

China Treasures New Materials Group Semi-Annual Data
Dec19 Dec20 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 61.21 62.67 82.08 50.06 -10.30

HKSE:02439 vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, China Treasures New Materials Group'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.

China Treasures New Materials Group EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, China Treasures New Materials Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Treasures New Materials Group's EV-to-EBIT falls into.


HKSE:02439
64GF Score
China Treasures New Materials Group Ltd HKSE:02439
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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China Treasures New Materials Group 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$39.8 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$39.8 Mil mean?
China Treasures New Materials Group (HKSE:02439) has a EBIT of HK$39.8 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on China Treasures New Materials Group.
Is China Treasures New Materials Group's EBIT too high?
China Treasures New Materials Group's current EBIT is HK$39.8 Mil. Overall, China Treasures New Materials Group has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Treasures New Materials Group's EBIT compare to LIN and SHW?
China Treasures New Materials Group's EBIT of HK$39.8 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good EBIT depends on the Chemicals 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 China Treasures New Materials Group. China Treasures New Materials Group's current EBIT is HK$39.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Treasures New Materials Group stock overvalued right now?
Based on GuruFocus' analysis, China Treasures New Materials Group (HKSE:02439) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.20, compared to a current price of HK$0.34 — trading 70% above its estimated fair value. The current EBIT is HK$39.8 Mil. China Treasures New Materials Group's overall GF Score™ is 64/100 with 9 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 China Treasures New Materials Group (HKSE:02439), the current EBIT is HK$39.8 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 China Treasures New Materials Group (HKSE:02439) Overvalued in 2026?

Based on GuruFocus' analysis, China Treasures New Materials Group stock appears to be overvalued. The current stock price of HK$0.34 is trading 70% above its estimated GF Value™ of HK$0.20. GuruFocus considers China Treasures New Materials Group to be Significantly Overvalued.

Key valuation signals for HKSE:02439:

  • EBIT: HK$39.8 Mil
  • GF Value™: HK$0.20 vs. price of HK$0.34 (70% above fair value)
  • GF Score™: 64/100 with 9 warning signs

No single metric tells the full story. See the HKSE:02439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Treasures New Materials Group Business Description

Address No. 3, Jing\'Er Road, Jiutai Economic Development Zone, Kalun Industrial South Region, Jilin Province, Changchun, CHN
China Treasures New Materials Group Ltd mainly engages in developing and manufacturing biodegradable plastic products in Northeast China. Its biodegradable plastic products mainly come in biodegradable roll bags. The Group provides biodegradable plastic products, including biodegradable masterbatches that can be used to produce biodegradable plastic products. It has two reportable and operating segments: development and manufacture of biodegradable plastic products, and development and manufacture of non-biodegradable automobile plastic parts. The Group generates the majority of its revenue from the development and manufacture of biodegradable plastic products. Geographically, it generates maximum revenue from the People's Republic of China (PRC).
64GF Score

Get the complete analysis for HKSE:02439

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

HK$0.34
Price
HK$0.20
GF Value