Apex Ace Holding (HKSE:06036) EBIT: HK$338 Mil (TTM As of Dec. 2025)

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HKSE:06036 Apex Ace Holding Ltd HKSE:06036
72 GF Score
Price HK$1.13
GF Value HK$1.02
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Apex Ace Holding EBIT?

Apex Ace Holding HKSE:06036 -3.83% 72 EBIT is HK$338 Mil as of Dec. 2025. GuruFocus rates HKSE:06036 with a GF Score™ of 72/100 and a GF Value™ of HK$1.02 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Apex Ace Holding's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was HK$128 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$338 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Apex Ace Holding's annualized ROC % for the quarter that ended in Dec. 2025 was 16.85%. Apex Ace Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 24.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Apex Ace Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 12.35%.


Apex Ace Holding  (HKSE:06036) EBIT Explanation

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

Apex Ace Holding'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 )
=265.53 * ( 1 - 21.49% )/( (1190.584 + 1284.438)/ 2 )
=208.467603/1237.511
=16.85 %

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))
=1599.028 - 323.777 - ( 84.667 - max(0, 1231.35 - 1447.35+84.667))
=1190.584

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))
=1904.706 - 442.698 - ( 177.57 - max(0, 1468.908 - 1758.954+177.57))
=1284.438

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:

Apex Ace Holding'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 )
=256.704/( ( (80.143 + max(920.996, 0)) + (76.656 + max(1054.25, 0)) )/ 2 )
=256.704/( ( 1001.139 + 1130.906 )/ 2 )
=256.704/1066.0225
=24.08 %

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)
=(796.001 + 439.384 + 111.17) - (323.777 + 0 + 101.782)
=920.996

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1129.137 + 247.78 + 188.198) - (442.698 + 0 + 68.167)
=1054.25

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:

Apex Ace Holding's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=338.207/2738.199
=12.35 %

* 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.


Apex Ace Holding EBIT Related Terms


Apex Ace Holding EBIT Historical Data

* Premium members only.

The historical data trend for Apex Ace Holding'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.

Apex Ace Holding EBIT Chart

Apex Ace Holding 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 32.69 -13.90 30.12 49.40 174.55

Apex Ace Holding Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 31.08 18.32 46.20 128.35 209.86

HKSE:06036 vs SNX, ARW, AVT: EBIT Comparison

For the Electronics & Computer Distribution subindustry, Apex Ace Holding'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.


Apex Ace Holding EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Apex Ace Holding's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Apex Ace Holding's EV-to-EBIT falls into.


HKSE:06036
72GF Score
Apex Ace Holding Ltd HKSE:06036
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apex Ace Holding 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$338 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$338 Mil mean?
Apex Ace Holding (HKSE:06036) has a EBIT of HK$338 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Apex Ace Holding.
Is Apex Ace Holding's EBIT too high?
Apex Ace Holding's current EBIT is HK$338 Mil. Overall, Apex Ace Holding has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apex Ace Holding's EBIT compare to SNX and ARW?
Apex Ace Holding's EBIT of HK$338 Mil can be compared against companies in the Hardware 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 Hardware company?
A good EBIT depends on the Hardware 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 Apex Ace Holding. Apex Ace Holding's current EBIT is HK$338 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Ace Holding stock overvalued right now?
Based on GuruFocus' analysis, Apex Ace Holding (HKSE:06036) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$1.02, compared to a current price of HK$1.13 — trading 10.8% above its estimated fair value. The current EBIT is HK$338 Mil. Apex Ace Holding's overall GF Score™ is 72/100 with 3 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 Apex Ace Holding (HKSE:06036), the current EBIT is HK$338 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 Apex Ace Holding (HKSE:06036) Overvalued in 2026?

Based on GuruFocus' analysis, Apex Ace Holding stock appears to be overvalued. The current stock price of HK$1.13 is trading 10.8% above its estimated GF Value™ of HK$1.02. GuruFocus considers Apex Ace Holding to be Modestly Overvalued.

Key valuation signals for HKSE:06036:

  • EBIT: HK$338 Mil
  • GF Value™: HK$1.02 vs. price of HK$1.13 (10.8% above fair value)
  • GF Score™: 72/100 with 3 warning signs

No single metric tells the full story. See the HKSE:06036 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apex Ace Holding Business Description

Address 1 Cheung Shun Street, Units 2-3, 1st Floor, Sun Cheong Industrial Building, Kowloon, Hong Kong, HKG
Apex Ace Holding Ltd is a distributor of semiconductors and other electronic components and is engaged in the supply of digital storage products and general electronic components along with the provision of complementary technical support. Its segments include: Digital Storage products include DRAM, FLASH and MCP memory products, which are applied to multimedia and mobile devices such as set-top boxes, smart TVs, wearable devices, and mobile phones; and General components include switches, connectors, passive components, main chips, sensors, power semiconductors, and analog-to-digital converters. The company generates the majority of its revenue from the Digital Storage Products segment. Geographically, the company generates the majority of its revenue from the PRC.
72GF Score

Get the complete analysis for HKSE:06036

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

HK$1.13
Price
HK$1.02
GF Value