South China Vocational Education Group Co (HKSE:06913) EBIT: HK$99.5 Mil (TTM As of Jun. 2026)

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What is South China Vocational Education Group Co EBIT?

South China Vocational Education Group Co HKSE:06913 +1.05% EBIT is HK$99.5 Mil as of Jun. 2026. The stock has 4 warning signs investors should review.

South China Vocational Education Group Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2026 was HK$96.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was HK$99.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. South China Vocational Education Group Co's annualized ROC % for the quarter that ended in Jun. 2026 was 3.83%. South China Vocational Education Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 7.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. South China Vocational Education Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 121.61%.

South China Vocational Education Group Co  (HKSE:06913) EBIT Explanation

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

South China Vocational Education Group Co's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=163.422934467 * ( 1 - 26.638% )/( (3275.836420655 + 2978.4811816252)/ 2 )
=119.89033318368/3127.1588011401
=3.83 %

where

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))
=3245.8748213762 - 290.53061117749 - ( 623.28145961378 - max(0, 974.66419030788 - 654.17197985161+623.28145961378))
=3275.836420655

Invested Capital(Q: Jun. 2026 )
=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))
=3065.1015437925 - 342.68605087393 - ( 323.93789526041 - max(0, 641.85100102426 - 385.78531231762+323.93789526041))
=2978.4811816252

Note: The Operating Income data used here is two times the semi-annual (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

South China Vocational Education Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=193.87635302884/( ( (2482.2037773946 + max(-816.77992787791, 0)) + (2555.4052769623 + max(-400.51270394523, 0)) )/ 2 )
=193.87635302884/( ( 2482.2037773946 + 2555.4052769623 )/ 2 )
=193.87635302884/2518.8045271784
=7.70 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.0541948155091 + 0 + 7.1796456859111) - (290.53061117749 + 385.06669669369 + 157.41646050815)
=-816.77992787791

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.8620920505792 + 0 + 43.339652047042) - (342.68605087393 + 109.72906463878 + 0.29933253013934)
=-400.51270394523

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

South China Vocational Education Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=99.541523696206/81.856
=121.61 %

* 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.

South China Vocational Education Group Co EBIT Related Terms

South China Vocational Education Group Co EBIT Historical Data

* Premium members only.

The historical data trend for South China Vocational Education Group 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.

South China Vocational Education Group Co EBIT Chart

South China Vocational Education Group Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only 211.12 188.67 134.89 104.81 98.55

South China Vocational Education Group Co Semi-Annual Data
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 98.04 6.72 95.06 2.60 96.94

HKSE:06913 vs EDU, TAL, LAUR: EBIT Comparison

For the Education & Training Services subindustry, South China Vocational Education Group 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.

South China Vocational Education Group Co EV-to-EBIT vs Education Industry

For the Education industry and Consumer Defensive sector, South China Vocational Education Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where South China Vocational Education Group Co's EV-to-EBIT falls into.


South China Vocational Education Group 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 Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$99.5 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$99.5 Mil mean?
South China Vocational Education Group Co (HKSE:06913) has a EBIT of HK$99.5 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on South China Vocational Education Group Co.
Is South China Vocational Education Group Co's EBIT too high?
South China Vocational Education Group Co's current EBIT is HK$99.5 Mil.
How does South China Vocational Education Group Co's EBIT compare to EDU and TAL?
South China Vocational Education Group Co's EBIT of HK$99.5 Mil can be compared against companies in the Education 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 Education company?
A good EBIT depends on the Education 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 South China Vocational Education Group Co. South China Vocational Education Group Co's current EBIT is HK$99.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South China Vocational Education Group Co stock overvalued right now?
Based on GuruFocus' analysis, South China Vocational Education Group Co (HKSE:06913) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.49, compared to a current price of HK$0.10 — trading 80.4% below its estimated fair value. The current EBIT is HK$99.5 Mil. 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 South China Vocational Education Group Co (HKSE:06913), the current EBIT is HK$99.5 Mil as of Jun. 2026. 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.

South China Vocational Education Group Co Business Description

Address No. 492 Da Guan Zhong Road, Tianhe District, Guangdong Province, Guangzhou, CHN
South China Vocational Education Group Co Ltd is an investment holding company. Along with its subsidiaries, it is engaged in providing private higher vocational education in the People's Republic of China (PRC). The Group's two core schools, Lingnan Vocational and Technical College and Lingnan Modern Technician College in Guangzhou and Qingyuan, offer several majors, covering TMT industries such as Internet, e-commerce, telecommunications, software, and animation, as well as emerging industries such as the health industry.