Zhou Liu Fu Jewellery Co (HKSE:06168) EBIT: HK$1,062 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:06168 Zhou Liu Fu Jewellery Co Ltd HKSE:06168
20 GF Score
Price HK$13.43
! 1 Warning Sign
View Full Analysis

What is Zhou Liu Fu Jewellery Co EBIT?

Zhou Liu Fu Jewellery Co HKSE:06168 -0.89% 20 EBIT is HK$1,062 Mil as of Dec. 2025. GuruFocus rates HKSE:06168 with a GF Score™ of 20/100. The stock has 1 warning sign investors should review.

Zhou Liu Fu Jewellery Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was HK$490 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$1,062 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zhou Liu Fu Jewellery Co's annualized ROC % for the quarter that ended in Dec. 2025 was 21.68%. Zhou Liu Fu Jewellery Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 32.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zhou Liu Fu Jewellery Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 18.59%.

Zhou Liu Fu Jewellery Co  (HKSE:06168) EBIT Explanation

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

Zhou Liu Fu Jewellery 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 )
=1010.946 * ( 1 - 19.56% )/( (3326.484 + 4173.698)/ 2 )
=813.2049624/3750.091
=21.68 %

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))
=5560.875 - 460.932 - ( 1773.459 - max(0, 1204.502 - 4785.541+1773.459))
=3326.484

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))
=6388.611 - 813.891 - ( 1401.022 - max(0, 1581.259 - 5573.554+1401.022))
=4173.698

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:

Zhou Liu Fu Jewellery 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 )
=980.824/( ( (477.258 + max(2005.957, 0)) + (558.042 + max(2987.169, 0)) )/ 2 )
=980.824/( ( 2483.215 + 3545.211 )/ 2 )
=980.824/3014.213
=32.54 %

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)
=(245.78 + 2494.375 + 61.439) - (460.932 + 0 + 334.705)
=2005.957

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(207.302 + 3497.106 + 464.75) - (813.891 + 0 + 368.098)
=2987.169

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:

Zhou Liu Fu Jewellery Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=1062.431/5713.913
=18.59 %

* 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.

Zhou Liu Fu Jewellery Co EBIT Related Terms

Zhou Liu Fu Jewellery Co EBIT Historical Data

* Premium members only.

The historical data trend for Zhou Liu Fu Jewellery 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.

Zhou Liu Fu Jewellery Co EBIT Chart

Zhou Liu Fu Jewellery Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
EBIT
832.11 913.17 955.13 1,066.40

Zhou Liu Fu Jewellery Co Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
EBIT Get a 7-Day Free Trial 506.80 452.52 569.90 490.41 572.02

HKSE:06168 vs TPR: EBIT Comparison

For the Luxury Goods subindustry, Zhou Liu Fu Jewellery 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.

Zhou Liu Fu Jewellery Co EV-to-EBIT vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zhou Liu Fu Jewellery Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhou Liu Fu Jewellery Co's EV-to-EBIT falls into.


HKSE:06168
20GF Score
Zhou Liu Fu Jewellery Co Ltd HKSE:06168
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhou Liu Fu Jewellery 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$1,062 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$1,062 Mil mean?
Zhou Liu Fu Jewellery Co (HKSE:06168) has a EBIT of HK$1,062 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Zhou Liu Fu Jewellery Co.
Is Zhou Liu Fu Jewellery Co's EBIT too high?
Zhou Liu Fu Jewellery Co's current EBIT is HK$1,062 Mil. Overall, Zhou Liu Fu Jewellery Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Zhou Liu Fu Jewellery Co's EBIT compare to TPR?
Zhou Liu Fu Jewellery Co's EBIT of HK$1,062 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good EBIT depends on the Retail - Cyclical 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 Zhou Liu Fu Jewellery Co. Zhou Liu Fu Jewellery Co's current EBIT is HK$1,062 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhou Liu Fu Jewellery Co stock overvalued right now?
Zhou Liu Fu Jewellery Co (HKSE:06168) has a current EBIT of HK$1,062 Mil. The current EBIT is HK$1,062 Mil. Zhou Liu Fu Jewellery Co's overall GF Score™ is 20/100 with 1 warning sign 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 Zhou Liu Fu Jewellery Co (HKSE:06168), the current EBIT is HK$1,062 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.

Zhou Liu Fu Jewellery Co Business Description

Address No. 3031 Taibai Road, Dongxiao Street, 2301-2409, Zhongguan Business Building, Dongxiao Community, Luohu District, Guangdong, Shenzhen, CHN
Zhou Liu Fu Jewellery Co Ltd is a jewelry company in China that offers gold jewelry products and diamond-set jewelry products, through its offline stores and online sales channels. Its business model integrates jewelry product development and design, procurement and supply, franchising and brand operation. The company has established a network of e-commerce and retail stores across China.
20GF Score

Get the complete analysis for HKSE:06168

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

HK$13.43
Price