Migao Group Holdings (HKSE:09879) EBIT: HK$544 Mil (TTM As of Mar. 2026)

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HKSE:09879 Migao Group Holdings Ltd HKSE:09879
44 GF Score
Price HK$9.54
! 6 Warning Signs
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What is Migao Group Holdings EBIT?

Migao Group Holdings HKSE:09879 +0.53% 44 EBIT is HK$544 Mil as of Mar. 2026. GuruFocus rates HKSE:09879 with a GF Score™ of 44/100. The stock has 6 warning signs investors should review.

Migao Group Holdings's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was HK$409 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was HK$544 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Migao Group Holdings's annualized ROC % for the quarter that ended in Mar. 2026 was 15.85%. Migao Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 27.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Migao Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.38%.


Migao Group Holdings  (HKSE:09879) EBIT Explanation

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

Migao Group Holdings's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=739.398 * ( 1 - 18.16% )/( (3431.047 + 4203.214)/ 2 )
=605.1233232/3817.1305
=15.85 %

where

Invested Capital(Q: Sep. 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))
=5249.225 - 957.092 - ( 861.086 - max(0, 1868.751 - 4373.181+861.086))
=3431.047

Invested Capital(Q: Mar. 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))
=6796.587 - 1277.94 - ( 1315.433 - max(0, 2945.879 - 5752.864+1315.433))
=4203.214

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

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

Migao Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=818.7/( ( (692.012 + max(2132.98, 0)) + (827.971 + max(2257.371, 0)) )/ 2 )
=818.7/( ( 2824.992 + 3085.342 )/ 2 )
=818.7/2955.167
=27.70 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3139.285 + 205.923 + 145.501) - (957.092 + 0 + 400.637)
=2132.98

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3644.802 + 465.435 + 269.99) - (1277.94 + 0 + 844.916)
=2257.371

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=544.338/8534.022
=6.38 %

* 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.


Migao Group Holdings EBIT Related Terms


Migao Group Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Migao Group 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.

Migao Group Holdings EBIT Chart

Migao Group Holdings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial 592.70 627.66 383.68 464.65 549.63

Migao Group Holdings Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only 289.99 113.11 354.50 134.99 409.35

HKSE:09879 vs CTVA, CF, MOS: EBIT Comparison

For the Agricultural Inputs subindustry, Migao Group 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.


Migao Group Holdings EV-to-EBIT vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Migao Group Holdings's EV-to-EBIT distribution charts can be found below:

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


HKSE:09879
44GF Score
Migao Group Holdings Ltd HKSE:09879
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Migao Group 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$544 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$544 Mil mean?
Migao Group Holdings (HKSE:09879) has a EBIT of HK$544 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Migao Group Holdings.
Is Migao Group Holdings' EBIT too high?
Migao Group Holdings' current EBIT is HK$544 Mil. Overall, Migao Group Holdings has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Migao Group Holdings' EBIT compare to CTVA and CF?
Migao Group Holdings' EBIT of HK$544 Mil can be compared against companies in the Agriculture 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 Agriculture company?
A good EBIT depends on the Agriculture 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 Migao Group Holdings. Migao Group Holdings's current EBIT is HK$544 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Migao Group Holdings stock overvalued right now?
Migao Group Holdings (HKSE:09879) has a current EBIT of HK$544 Mil. The current EBIT is HK$544 Mil. Migao Group Holdings' overall GF Score™ is 44/100 with 6 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 Migao Group Holdings (HKSE:09879), the current EBIT is HK$544 Mil as of Mar. 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.

Migao Group Holdings Business Description

Address Qingzhou Development Zone, East Park, Cangjiang Industrial Park, Gaoming District, Foshan, CHN
Migao Group Holdings Ltd is a national potash fertilizer company in China with sourcing and procurement, processing, and manufacturing. It sells various potash fertilizer products, including KCL, SOP, NOP, and compound fertilizers and Others. Geographically, the company generates a majority of its revenue from its business in the People's Republic of China.
44GF Score

Get the complete analysis for HKSE:09879

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

HK$9.54
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