Binhai Investment Co (HKSE:02886) EBIT: HK$407 Mil (TTM As of Dec. 2025)


HKSE:02886 Binhai Investment Co Ltd HKSE:02886
79 GF Score
Price HK$1.07
GF Value HK$1.26
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Binhai Investment Co EBIT?

Binhai Investment Co HKSE:02886 79 EBIT is HK$407 Mil as of Dec. 2025. GuruFocus rates HKSE:02886 with a GF Score™ of 79/100 and a GF Value™ of HK$1.26 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Binhai Investment Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was HK$140 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$407 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Binhai Investment Co's annualized ROC % for the quarter that ended in Dec. 2025 was 1.61%. Binhai Investment Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 4.31%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Binhai Investment Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 8.48%.


Binhai Investment Co  (HKSE:02886) EBIT Explanation

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

Binhai Investment 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 )
=292.714 * ( 1 - 48.9% )/( (9252.402 + 9276.403)/ 2 )
=149.576854/9264.4025
=1.61 %

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))
=7988.175 - 1269.694 - ( 360.348 - max(0, 3588.922 - 1055.001+360.348))
=9252.402

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))
=8169.908 - 1447.497 - ( 203.096 - max(0, 3528.527 - 974.535+203.096))
=9276.403

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:

Binhai Investment 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 )
=280.142/( ( (6492.732 + max(-1173.834, 0)) + (6501.052 + max(-1614.224, 0)) )/ 2 )
=280.142/( ( 6492.732 + 6501.052 )/ 2 )
=280.142/6496.892
=4.31 %

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)
=(239.542 + 104.355 + 211.024) - (1269.694 + 0 + 459.061)
=-1173.834

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(143.298 + 110.057 + 405.355) - (1447.497 + 0 + 825.437)
=-1614.224

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:

Binhai Investment Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=407.033/4797.730
=8.48 %

* 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.


Binhai Investment Co EBIT Related Terms


Binhai Investment Co EBIT Historical Data

* Premium members only.

The historical data trend for Binhai Investment 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.

Binhai Investment Co EBIT Chart

Binhai Investment Co 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 600.44 498.26 513.67 443.35 409.88

Binhai Investment Co 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 215.45 278.96 166.69 266.96 140.07

HKSE:02886 vs ATO, NI: EBIT Comparison

For the Utilities - Regulated Gas subindustry, Binhai Investment 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.


Binhai Investment Co EV-to-EBIT vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Binhai Investment Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Binhai Investment Co's EV-to-EBIT falls into.


HKSE:02886
79GF Score
Binhai Investment Co Ltd HKSE:02886
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Binhai Investment 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$407 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$407 Mil mean?
Binhai Investment Co (HKSE:02886) has a EBIT of HK$407 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Binhai Investment Co.
Is Binhai Investment Co's EBIT too high?
Binhai Investment Co's current EBIT is HK$407 Mil. Overall, Binhai Investment Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Binhai Investment Co's EBIT compare to ATO and NI?
Binhai Investment Co's EBIT of HK$407 Mil can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good EBIT depends on the Utilities - Regulated 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 Binhai Investment Co. Binhai Investment Co's current EBIT is HK$407 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Binhai Investment Co stock overvalued right now?
Based on GuruFocus' analysis, Binhai Investment Co (HKSE:02886) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.26, compared to a current price of HK$1.07 — trading 15.1% below its estimated fair value. The current EBIT is HK$407 Mil. Binhai Investment Co's overall GF Score™ is 79/100 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 Binhai Investment Co (HKSE:02886), the current EBIT is HK$407 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 Binhai Investment Co (HKSE:02886) Overvalued in 2026?

Based on GuruFocus' analysis, Binhai Investment Co stock appears to be undervalued. The current stock price of HK$1.07 is trading 15.1% below its estimated GF Value™ of HK$1.26. GuruFocus considers Binhai Investment Co to be Modestly Undervalued.

Key valuation signals for HKSE:02886:

  • EBIT: HK$407 Mil
  • GF Value™: HK$1.26 vs. price of HK$1.07 (15.1% below fair value)
  • GF Score™: 79/100 with 5 warning signs

No single metric tells the full story. See the HKSE:02886 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Binhai Investment Co Business Description

Other Exchanges WS7A:Germany
Address 1 Matheson Street, Causeway Bay, Suites 3205-07, 32nd Floor, Tower Two, Times Square, Hong Kong, HKG
Binhai Investment Co Ltd is an investment holding company engaged in piped natural gas, construction, and gas pipeline installation service, gas passing through service, and sales of bottled natural gas. It derives a majority of its revenue from construction, and gas pipeline installation services in which the group constructs gas pipelines for its clients and connects such pipelines to the group's main gas pipeline networks and charges construction and gas pipeline installation service fees from industrial and commercial customers, property developers and property management companies.
79GF Score

Get the complete analysis for HKSE:02886

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

HK$1.07
Price
HK$1.26
GF Value