TL Natural Gas Holdings (HKSE:08536) EBIT: HK$-8.33 Mil (TTM As of Dec. 2025)

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HKSE:08536 TL Natural Gas Holdings Ltd HKSE:08536
50 GF Score
Price HK$0.24
GF Value HK$0.29
Valuation Modestly Undervalued
! 4 Warning Signs
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What is TL Natural Gas Holdings EBIT?

TL Natural Gas Holdings HKSE:08536 50 EBIT is HK$-8.33 Mil as of Dec. 2025. GuruFocus rates HKSE:08536 with a GF Score™ of 50/100 and a GF Value™ of HK$0.29 (Modestly Undervalued). The stock has 4 warning signs investors should review.

TL Natural Gas Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was HK$-5.41 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-8.33 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TL Natural Gas Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was -29.65%. TL Natural Gas Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -61.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TL Natural Gas Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -48.68%.


TL Natural Gas Holdings  (HKSE:08536) EBIT Explanation

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

TL Natural Gas 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 )
=-8.142 * ( 1 - 4.8% )/( (26.765 + 25.522)/ 2 )
=-7.751184/26.1435
=-29.65 %

where

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:

TL Natural Gas 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 )
=-10.826/( ( (17.228 + max(-6.393, 0)) + (18.02 + max(-3.704, 0)) )/ 2 )
=-10.826/( ( 17.228 + 18.02 )/ 2 )
=-10.826/17.624
=-61.43 %

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)
=(2.062 + 0.049 + 0) - (8.504 + 0 + 0)
=-6.393

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.983 + 0.109 + 3.542) - (6.907 + 0 + 2.431)
=-3.704

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:

TL Natural Gas Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-8.326/17.104
=-48.68 %

* 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.


TL Natural Gas Holdings EBIT Related Terms


TL Natural Gas Holdings EBIT Historical Data

* Premium members only.

The historical data trend for TL Natural Gas 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.

TL Natural Gas Holdings EBIT Chart

TL Natural Gas Holdings 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 -9.32 -4.03 -23.78 -8.23 -8.36

TL Natural Gas Holdings Semi-Annual Data
Dec15 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 -20.77 -4.28 -3.99 -2.91 -5.41

HKSE:08536 vs CASY, WSM, ULTA: EBIT Comparison

For the Oil & Gas Refining & Marketing subindustry, TL Natural Gas 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.


TL Natural Gas Holdings EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TL Natural Gas Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where TL Natural Gas Holdings's EV-to-EBIT falls into.


HKSE:08536
50GF Score
TL Natural Gas Holdings Ltd HKSE:08536
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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TL Natural Gas 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$-8.33 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$-8.33 Mil mean?
TL Natural Gas Holdings (HKSE:08536) has a EBIT of HK$-8.33 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on TL Natural Gas Holdings.
Is TL Natural Gas Holdings' EBIT too high?
TL Natural Gas Holdings' current EBIT is HK$-8.33 Mil. Overall, TL Natural Gas Holdings has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TL Natural Gas Holdings' EBIT compare to CASY and WSM?
TL Natural Gas Holdings' EBIT of HK$-8.33 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good EBIT depends on the Oil & Gas 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 TL Natural Gas Holdings. TL Natural Gas Holdings's current EBIT is HK$-8.33 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TL Natural Gas Holdings stock overvalued right now?
Based on GuruFocus' analysis, TL Natural Gas Holdings (HKSE:08536) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.29, compared to a current price of HK$0.24 — trading 16.2% below its estimated fair value. The current EBIT is HK$-8.33 Mil. TL Natural Gas Holdings' overall GF Score™ is 50/100 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 TL Natural Gas Holdings (HKSE:08536), the current EBIT is HK$-8.33 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 TL Natural Gas Holdings (HKSE:08536) Overvalued in 2026?

Based on GuruFocus' analysis, TL Natural Gas Holdings stock appears to be undervalued. The current stock price of HK$0.24 is trading 16.2% below its estimated GF Value™ of HK$0.29. GuruFocus considers TL Natural Gas Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:08536:

  • EBIT: HK$-8.33 Mil
  • GF Value™: HK$0.29 vs. price of HK$0.24 (16.2% below fair value)
  • GF Score™: 50/100 with 4 warning signs

No single metric tells the full story. See the HKSE:08536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TL Natural Gas Holdings Business Description

Industry EnergyOil & Gas
Address Dong Fang Road, Jingzhou Primary Station, Economic Development Zone, Hubei Province, Jingzhou, CHN
TL Natural Gas Holdings Ltd is engaged in the sale of natural gas, including compressed natural gas and liquefied natural gas, and the provision of transmission services for natural gas. The group has two reportable segments: Sales of natural gas and Others. The Others segment includes automated car wash and fast food catering services. It generates the majority of its revenue from the Sales of natural gas segment.
50GF Score

Get the complete analysis for HKSE:08536

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

HK$0.24
Price
HK$0.29
GF Value