China Hongguang Holdings (HKSE:08646) EBIT: HK$75.7 Mil (TTM As of Dec. 2025)

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HKSE:08646 China Hongguang Holdings Ltd HKSE:08646
48 GF Score
Price HK$0.20
GF Value HK$0.18
Valuation Modestly Overvalued
! 2 Warning Signs
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What is China Hongguang Holdings EBIT?

China Hongguang Holdings HKSE:08646 -1.92% 48 EBIT is HK$75.7 Mil as of Dec. 2025. GuruFocus rates HKSE:08646 with a GF Score™ of 48/100 and a GF Value™ of HK$0.18 (Modestly Overvalued). The stock has 2 warning signs investors should review.

China Hongguang Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was HK$39.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$75.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. China Hongguang Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was 17.17%. China Hongguang Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 25.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. China Hongguang Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 45.02%.


China Hongguang Holdings  (HKSE:08646) EBIT Explanation

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

China Hongguang 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 )
=112.572 * ( 1 - 18.41% )/( (533.881 + 535.945)/ 2 )
=91.8474948/534.913
=17.17 %

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))
=622.749 - 48.575 - ( 38.229 - max(0, 106.409 - 532.385+38.229))
=535.945

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:

China Hongguang 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 )
=78.634/( ( (29.871 + max(233.216, 0)) + (51.938 + max(308.096, 0)) )/ 2 )
=78.634/( ( 263.087 + 360.034 )/ 2 )
=78.634/311.5605
=25.24 %

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)
=(146.867 + 203.888 + 0.00099999999997635) - (46.47 + 0 + 71.07)
=233.216

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(184.766 + 171.904 + 0) - (48.575 + 0 + -0.00099999999999056)
=308.096

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=75.708/168.152
=45.02 %

* 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.


China Hongguang Holdings EBIT Related Terms


China Hongguang Holdings EBIT Historical Data

* Premium members only.

The historical data trend for China Hongguang 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.

China Hongguang Holdings EBIT Chart

China Hongguang Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only 57.13 48.90 48.07 29.63 76.10

China Hongguang Holdings Semi-Annual Data
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 24.17 14.30 15.45 36.39 39.32

HKSE:08646 vs TT, JCI, CARR: EBIT Comparison

For the Building Products & Equipment subindustry, China Hongguang 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.


China Hongguang Holdings EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, China Hongguang Holdings's EV-to-EBIT distribution charts can be found below:

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


HKSE:08646
48GF Score
China Hongguang Holdings Ltd HKSE:08646
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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China Hongguang 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$75.7 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$75.7 Mil mean?
China Hongguang Holdings (HKSE:08646) has a EBIT of HK$75.7 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on China Hongguang Holdings.
Is China Hongguang Holdings' EBIT too high?
China Hongguang Holdings' current EBIT is HK$75.7 Mil. Overall, China Hongguang Holdings has a GF Score™ of 48/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Hongguang Holdings' EBIT compare to TT and JCI?
China Hongguang Holdings' EBIT of HK$75.7 Mil can be compared against companies in the Construction 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 Construction company?
A good EBIT depends on the Construction 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 China Hongguang Holdings. China Hongguang Holdings's current EBIT is HK$75.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Hongguang Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Hongguang Holdings (HKSE:08646) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.18, compared to a current price of HK$0.20 — trading 13.3% above its estimated fair value. The current EBIT is HK$75.7 Mil. China Hongguang Holdings' overall GF Score™ is 48/100 with 2 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 China Hongguang Holdings (HKSE:08646), the current EBIT is HK$75.7 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 China Hongguang Holdings (HKSE:08646) Overvalued in 2026?

Based on GuruFocus' analysis, China Hongguang Holdings stock appears to be overvalued. The current stock price of HK$0.20 is trading 13.3% above its estimated GF Value™ of HK$0.18. GuruFocus considers China Hongguang Holdings to be Modestly Overvalued.

Key valuation signals for HKSE:08646:

  • EBIT: HK$75.7 Mil
  • GF Value™: HK$0.18 vs. price of HK$0.20 (13.3% above fair value)
  • GF Score™: 48/100 with 2 warning signs

No single metric tells the full story. See the HKSE:08646 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Hongguang Holdings Business Description

Address Eastside of Middle of Rongchi Road, Xianqiao, Rongcheng, Guangdong Province, Jieyang, CHN
China Hongguang Holdings Ltd is principally engaged in the manufacture and sale of glass products in the People's Republic of China. The Group operates in Southern China and, leveraging its technological advancements, particularly in coating technologies, has been actively transforming its business. Its coated glass products, including ITO conductive glass manufactured through fully automated magnetron sputtering production lines, are increasingly applied in the broader optoelectronic sector, such as mobile consumer electronics, display technologies, optical lenses, and automotive applications. The Group generates revenue from the PRC.
48GF Score

Get the complete analysis for HKSE:08646

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

HK$0.20
Price
HK$0.18
GF Value