China Resources Beverage (Holdings) Co (HKSE:02460) EBIT: HK$1,333 Mil (TTM As of Dec. 2025)


HKSE:02460 China Resources Beverage (Holdings) Co Ltd HKSE:02460
21 GF Score
Price HK$7.32
! 5 Warning Signs
View Full Analysis

What is China Resources Beverage (Holdings) Co EBIT?

China Resources Beverage (Holdings) Co HKSE:02460 -2.01% 21 EBIT is HK$1,333 Mil as of Dec. 2025. GuruFocus rates HKSE:02460 with a GF Score™ of 21/100. The stock has 5 warning signs investors should review.

China Resources Beverage (Holdings) Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was HK$165 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$1,333 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Resources Beverage (Holdings) Co's annualized ROC % for the quarter that ended in Dec. 2025 was 0.39%. China Resources Beverage (Holdings) Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 4.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Resources Beverage (Holdings) Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 12.26%.

China Resources Beverage (Holdings) Co  (HKSE:02460) EBIT Explanation

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

China Resources Beverage (Holdings) Co'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 )
=33.456 * ( 1 - 0% )/( (8196.524 + 8835.735)/ 2 )
=33.456/8516.1295
=0.39 %

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))
=22600.142 - 8830.13 - ( 13540.588 - max(0, 9502.545 - 15076.033+13540.588))
=8196.524

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))
=17000.151 - 3663.041 - ( 7061.781 - max(0, 3972.176 - 8473.551+7061.781))
=8835.735

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 Resources Beverage (Holdings) Co'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 )
=329.474/( ( (7356.283 + max(-8175.568, 0)) + (7574.431 + max(-2602.705, 0)) )/ 2 )
=329.474/( ( 7356.283 + 7574.431 )/ 2 )
=329.474/7465.357
=4.41 %

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)
=(448.397 + 430.51 + 425.941) - (8830.13 + 0 + 650.286)
=-8175.568

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(324.547 + 441.128 + 588.034) - (3663.041 + 0 + 293.373)
=-2602.705

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 Resources Beverage (Holdings) Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=1333.018/10876.543
=12.26 %

* 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 Resources Beverage (Holdings) Co EBIT Related Terms

China Resources Beverage (Holdings) Co EBIT Historical Data

* Premium members only.

The historical data trend for China Resources Beverage (Holdings) 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.

China Resources Beverage (Holdings) Co EBIT Chart

China Resources Beverage (Holdings) Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
1,478.28 1,537.76 2,101.09 2,376.78 1,345.49

China Resources Beverage (Holdings) Co Semi-Annual Data
Dec21 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial 0.00 1,709.67 681.20 1,168.28 164.74

HKSE:02460 vs KO, PEP, MNST: EBIT Comparison

For the Beverages - Non-Alcoholic subindustry, China Resources Beverage (Holdings) 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.

China Resources Beverage (Holdings) Co EV-to-EBIT vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, China Resources Beverage (Holdings) Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Resources Beverage (Holdings) Co's EV-to-EBIT falls into.


HKSE:02460
21GF Score
China Resources Beverage (Holdings) Co Ltd HKSE:02460
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Resources Beverage (Holdings) 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$1,333 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$1,333 Mil mean?
China Resources Beverage (Holdings) Co (HKSE:02460) has a EBIT of HK$1,333 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on China Resources Beverage (Holdings) Co.
Is China Resources Beverage (Holdings) Co's EBIT too high?
China Resources Beverage (Holdings) Co's current EBIT is HK$1,333 Mil. Overall, China Resources Beverage (Holdings) Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does China Resources Beverage (Holdings) Co's EBIT compare to KO and PEP?
China Resources Beverage (Holdings) Co's EBIT of HK$1,333 Mil can be compared against companies in the Beverages - Non-Alcoholic 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 Beverages - Non-Alcoholic company?
A good EBIT depends on the Beverages - Non-Alcoholic 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 Resources Beverage (Holdings) Co. China Resources Beverage (Holdings) Co's current EBIT is HK$1,333 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Beverage (Holdings) Co stock overvalued right now?
China Resources Beverage (Holdings) Co (HKSE:02460) has a current EBIT of HK$1,333 Mil. The current EBIT is HK$1,333 Mil. China Resources Beverage (Holdings) Co's overall GF Score™ is 21/100 with 5 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 Resources Beverage (Holdings) Co (HKSE:02460), the current EBIT is HK$1,333 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.

China Resources Beverage (Holdings) Co Business Description

Address 22 Langshan Road, Shenzhen High-tech Industrial Park, North District, Nanshan District, Guangdong Province, Shenzhen, CHN
China Resources Beverage is the second-largest bottled water producer in China and a subsidiary of China Resources Group, a state-owned conglomerate. The bottled water business accounts for around 90% of the company's revenue, with C'estbon being the flagship product. The company has been leveraging its distribution network developed for water products to expand the scale of its nonwater beverages products, which accounts for roughly 10% of the company's revenue.
21GF Score

Get the complete analysis for HKSE:02460

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

HK$7.32
Price