Duality Biotherapeutics (HKSE:09606) EBIT: HK$ Mil (TTM As of Jun. 2026)

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HKSE:09606 Duality Biotherapeutics Inc HKSE:09606
9 GF Score
Price HK$178.20
! 2 Warning Signs
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What is Duality Biotherapeutics EBIT?

Duality Biotherapeutics HKSE:09606 -1.22% 9 EBIT is HK$ Mil as of Jun. 2026. GuruFocus rates HKSE:09606 with a GF Score™ of 9/100. The stock has 2 warning signs investors should review.

Duality Biotherapeutics's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2026 was HK$-1,043.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Duality Biotherapeutics's annualized ROC % for the quarter that ended in Jun. 2026 was -317.43%. Duality Biotherapeutics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -6,167.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


Duality Biotherapeutics  (HKSE:09606) EBIT Explanation

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

Duality Biotherapeutics'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 )
=-2101.1536431182 * ( 1 - -0% )/( (396.97559704639 + 926.8768230907)/ 2 )
=-2101.1536431182/661.92621006855
=-317.43 %

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))
=4335.9379490995 - 840.01074855291 - ( 3813.3308045048 - max(0, 1171.5764987872 - 4270.5281022874+3813.3308045048))
=396.97559704639

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))
=4052.8942703525 - 1183.3932441787 - ( 3587.6610193504 - max(0, 2013.5925943791 - 3956.2167974622+3587.6610193504))
=926.8768230907

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:

Duality Biotherapeutics'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 )
=-2086.1674695608/( ( (31.938619305539 + max(-591.07552492434, 0)) + (35.715340458926 + max(-1364.1288390073, 0)) )/ 2 )
=-2086.1674695608/( ( 31.938619305539 + 35.715340458926 )/ 2 )
=-2086.1674695608/33.826979882233
=-6,167.17 %

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)
=(349.14953342444 + 0 + 54.649288796033) - (840.01074855291 + 86.62020871046 + 68.24338988144)
=-591.07552492434

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(170.90500602028 + 0 + 197.65077209155) - (1183.3932441787 + 401.53551973355 + 147.75585320689)
=-1364.1288390073

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:

Duality Biotherapeutics's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=/13017.612
= %

* 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.


Duality Biotherapeutics EBIT Related Terms


Duality Biotherapeutics EBIT Historical Data

* Premium members only.

The historical data trend for Duality Biotherapeutics'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.

Duality Biotherapeutics EBIT Chart

Duality Biotherapeutics Annual Data
Trend Dec22 Dec23 Dec24 Dec25
EBIT
-450.05 -223.28 -1,099.72 -2,812.84

Duality Biotherapeutics Semi-Annual Data
Jun25 Dec25 Jun26
EBIT -2,227.03 -569.63 -1,043.08

HKSE:09606 vs VRTX, REGN, MRNA: EBIT Comparison

For the Biotechnology subindustry, Duality Biotherapeutics'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.


Duality Biotherapeutics EV-to-EBIT vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Duality Biotherapeutics's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Duality Biotherapeutics's EV-to-EBIT falls into.


HKSE:09606
9GF Score
Duality Biotherapeutics Inc HKSE:09606
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Duality Biotherapeutics 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$ 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$ Mil mean?
Duality Biotherapeutics (HKSE:09606) has a EBIT of HK$ Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Duality Biotherapeutics.
Is Duality Biotherapeutics' EBIT too high?
Duality Biotherapeutics' current EBIT is HK$ Mil. Overall, Duality Biotherapeutics has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Duality Biotherapeutics' EBIT compare to VRTX and REGN?
Duality Biotherapeutics' EBIT of HK$ Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good EBIT depends on the Biotechnology 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 Duality Biotherapeutics. Duality Biotherapeutics's current EBIT is HK$ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Duality Biotherapeutics stock overvalued right now?
Duality Biotherapeutics (HKSE:09606) has a current EBIT of HK$ Mil. The current EBIT is HK$ Mil. Duality Biotherapeutics' overall GF Score™ is 9/100 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 Duality Biotherapeutics (HKSE:09606), the current EBIT is HK$ 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.

Duality Biotherapeutics Business Description

Other Exchanges 4ZB:Germany
Address No. 868 Yinghua Road, 11th Floor, Building A, Jian Gong Datang International Plaza, Pudong New Area, Shanghai, CHN
Duality Biotherapeutics Inc is engaged in the discovery and development of antibody-drug conjugate (ADC) therapeutics, focusing on treatments for cancer and other diseases. The company has a diversified pipeline of ADC candidates, including two core products: DB-1303/BNT323, a HER2-targeting ADC for cancers such as breast and endometrial cancer, and DB-1311/BNT324, a B7-H3-targeting ADC for multiple solid tumors. In addition, it has several other clinical-stage ADC candidates with therapeutic potential, as well as multiple preclinical ADCs, including candidates expected to enter clinical trials. Its key products, including DB-1303/BNT323, DB-1311/BNT324, and DB-1305/BNT325, have received Fast Track Designation, with DB-1303 being a late-stage candidate undergoing registrational studies.
9GF Score

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

HK$178.20
Price