STAR CM Holdings (HKSE:06698) EBIT: HK$-134.2 Mil (TTM As of Dec. 2025)

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HKSE:06698 STAR CM Holdings Ltd HKSE:06698
70 GF Score
Price HK$0.81
GF Value HK$1.81
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is STAR CM Holdings EBIT?

STAR CM Holdings HKSE:06698 -4.14% 70 EBIT is HK$-134.2 Mil as of Dec. 2025. GuruFocus rates HKSE:06698 with a GF Score™ of 70/100 and a GF Value™ of HK$1.81 (Possible Value Trap). The stock has 4 warning signs investors should review.

STAR CM Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was HK$-88.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-134.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. STAR CM Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was 3.12%. STAR CM Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -55.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. STAR CM Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 59.24%.


STAR CM Holdings  (HKSE:06698) EBIT Explanation

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

STAR CM Holdings'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 )
=73.186 * ( 1 - 0% )/( (2350.55 + 2342.961)/ 2 )
=73.186/2346.7555
=3.12 %

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))
=3096.205 - 168.399 - ( 582.474 - max(0, 188.064 - 765.32+582.474))
=2350.55

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))
=2984.897 - 169.793 - ( 472.143 - max(0, 186.178 - 702.92+472.143))
=2342.961

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:

STAR CM Holdings'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 )
=-176.702/( ( (298.157 + max(-106.143, 0)) + (299.373 + max(37.407, 0)) )/ 2 )
=-176.702/( ( 298.157 + 336.78 )/ 2 )
=-176.702/317.4685
=-55.66 %

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)
=(75.415 + 0.22 + -0.00099999999997635) - (168.399 + 0 + 13.378)
=-106.143

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(71.991 + 59.73 + 89.003) - (169.793 + 0 + 13.524)
=37.407

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:

STAR CM Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-134.164/-226.464
=59.24 %

* 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.


STAR CM Holdings EBIT Related Terms


STAR CM Holdings EBIT Historical Data

* Premium members only.

The historical data trend for STAR CM Holdings'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.

STAR CM Holdings EBIT Chart

STAR CM Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial -397.59 119.72 -1,748.70 -246.33 -99.71

STAR CM Holdings Semi-Annual Data
Dec19 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 -59.34 -187.48 -11.24 -88.35 -45.81

HKSE:06698 vs NFLX, DIS, WBD: EBIT Comparison

For the Entertainment subindustry, STAR CM Holdings'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.


STAR CM Holdings EV-to-EBIT vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, STAR CM Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where STAR CM Holdings's EV-to-EBIT falls into.


HKSE:06698
70GF Score
STAR CM Holdings Ltd HKSE:06698
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

STAR CM Holdings 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$-134.2 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$-134.2 Mil mean?
STAR CM Holdings (HKSE:06698) has a EBIT of HK$-134.2 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on STAR CM Holdings.
Is STAR CM Holdings' EBIT too high?
STAR CM Holdings' current EBIT is HK$-134.2 Mil. Overall, STAR CM Holdings has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does STAR CM Holdings' EBIT compare to NFLX and DIS?
STAR CM Holdings' EBIT of HK$-134.2 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good EBIT depends on the Media - Diversified 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 STAR CM Holdings. STAR CM Holdings's current EBIT is HK$-134.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is STAR CM Holdings stock overvalued right now?
Based on GuruFocus' analysis, STAR CM Holdings (HKSE:06698) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.81, compared to a current price of HK$0.81 — trading 55.2% below its estimated fair value. The current EBIT is HK$-134.2 Mil. STAR CM Holdings' overall GF Score™ is 70/100 with 4 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 STAR CM Holdings (HKSE:06698), the current EBIT is HK$-134.2 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 STAR CM Holdings (HKSE:06698) Overvalued in 2026?

Based on GuruFocus' analysis, STAR CM Holdings stock appears to be undervalued. The current stock price of HK$0.81 is trading 55.2% below its estimated GF Value™ of HK$1.81. GuruFocus considers STAR CM Holdings to be Possible Value Trap.

Key valuation signals for HKSE:06698:

  • EBIT: HK$-134.2 Mil
  • GF Value™: HK$1.81 vs. price of HK$0.81 (55.2% below fair value)
  • GF Score™: 70/100 with 4 warning signs

No single metric tells the full story. See the HKSE:06698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


STAR CM Holdings Business Description

Address No. 158 Longqi Road, 23rd Floor, Canxing Building, Shanghai, CHN
STAR CM Holdings Ltd is an investment holding company. The company's subsidiaries are principally involved in variety program intellectual property (IP) production, operation and licensing, music IP operation and licensing, drama series and film IP operation and licensing and other IP-related business. The company owns a diverse and wide range of popular variety show IPs, including music programs, dance programs, talent shows, talk shows, outdoor/cultural programs, and other variety shows. Geographically, the company derives the majority of revenue from Mainland China, followed by the USA, the United Kingdom, Japan, Hong Kong, Macau, and Other regions.
70GF Score

Get the complete analysis for HKSE:06698

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

HK$0.81
Price
HK$1.81
GF Value