Chenqi Technology (HKSE:09680) EBIT: HK$-321 Mil (TTM As of Dec. 2025)

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HKSE:09680 Chenqi Technology Ltd HKSE:09680
11 GF Score
Price HK$8.30
! 2 Warning Signs
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What is Chenqi Technology EBIT?

Chenqi Technology HKSE:09680 11 EBIT is HK$-321 Mil as of Dec. 2025. GuruFocus rates HKSE:09680 with a GF Score™ of 11/100. The stock has 2 warning signs investors should review.

Chenqi Technology's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was HK$-185 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-321 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chenqi Technology's annualized ROC % for the quarter that ended in Dec. 2025 was -192.60%. Chenqi Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -461.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Chenqi Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -47.01%.

Chenqi Technology  (HKSE:09680) EBIT Explanation

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

Chenqi Technology'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 )
=-387.182 * ( 1 - 0% )/( (205.52 + 196.54)/ 2 )
=-387.182/201.03
=-192.60 %

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))
=1351.302 - 224.995 - ( 960.143 - max(0, 280.851 - 1201.638+960.143))
=205.52

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))
=1260.758 - 307.389 - ( 850.548 - max(0, 365.006 - 1121.835+850.548))
=196.54

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:

Chenqi Technology'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 )
=-369.844/( ( (84.072 + max(-110.168, 0)) + (76.218 + max(-200.665, 0)) )/ 2 )
=-369.844/( ( 84.072 + 76.218 )/ 2 )
=-369.844/80.145
=-461.47 %

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)
=(22.192 + 0.937 + 130.749) - (224.995 + 0 + 39.051)
=-110.168

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(85.743 + 1.576 + 60.338) - (307.389 + 0 + 40.933)
=-200.665

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:

Chenqi Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-320.904/682.558
=-47.01 %

* 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.

Chenqi Technology EBIT Related Terms

Chenqi Technology EBIT Historical Data

* Premium members only.

The historical data trend for Chenqi Technology'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.

Chenqi Technology EBIT Chart

Chenqi Technology Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
-836.89 -696.99 -754.90 -600.47 -322.36

Chenqi Technology Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial -378.52 -356.04 -247.36 -135.98 -184.92

HKSE:09680 vs URI, SUNB, AER: EBIT Comparison

For the Rental & Leasing Services subindustry, Chenqi Technology'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.

Chenqi Technology EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, Chenqi Technology's EV-to-EBIT distribution charts can be found below:

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


HKSE:09680
11GF Score
Chenqi Technology Ltd HKSE:09680
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Chenqi Technology 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$-321 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$-321 Mil mean?
Chenqi Technology (HKSE:09680) has a EBIT of HK$-321 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Chenqi Technology.
Is Chenqi Technology's EBIT too high?
Chenqi Technology's current EBIT is HK$-321 Mil. Overall, Chenqi Technology has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Chenqi Technology's EBIT compare to URI and SUNB?
Chenqi Technology's EBIT of HK$-321 Mil can be compared against companies in the Business Services 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 Business Services company?
A good EBIT depends on the Business Services 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 Chenqi Technology. Chenqi Technology's current EBIT is HK$-321 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chenqi Technology stock overvalued right now?
Chenqi Technology (HKSE:09680) has a current EBIT of HK$-321 Mil. The current EBIT is HK$-321 Mil. Chenqi Technology's overall GF Score™ is 11/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Chenqi Technology (HKSE:09680), the current EBIT is HK$-321 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.

Chenqi Technology Business Description

Address Kaitai Avenue, No. 30-4, Huangpu District, Guangdong Province, Guangzhou, CHN
Chenqi Technology Ltd a mobility service company in China offering ride-hailing services. It serves & connects various participants of the mobility industry, including the riders, drivers, automobile OEMs, vehicle service providers, & autonomous driving solution providers. The company operates three reportable segments: Mobility services business, Technology services business, and Fleet sale & maintenance business. Key revenue is generated from the Mobility services, which include the provision of ride-hailing services, Robotaxi services, hitch services, & other related services. The Technology Services include the provision of technology services. The Fleet sale & maintenance business includes the Sale of vehicles, provision of repair and maintenance services & other related services.
11GF Score

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

HK$8.30
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