JiaXing Gas Group Co (HKSE:09908) EBIT: HK$231 Mil (TTM As of Dec. 2025)

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HKSE:09908 JiaXing Gas Group Co Ltd HKSE:09908
80 GF Score
Price HK$8.48
GF Value HK$7.24
Valuation Modestly Overvalued
! 9 Warning Signs
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What is JiaXing Gas Group Co EBIT?

JiaXing Gas Group Co HKSE:09908 +2.11% 80 EBIT is HK$231 Mil as of Dec. 2025. GuruFocus rates HKSE:09908 with a GF Score™ of 80/100 and a GF Value™ of HK$7.24 (Modestly Overvalued). The stock has 9 warning signs investors should review.

JiaXing Gas Group Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was HK$111 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$231 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. JiaXing Gas Group Co's annualized ROC % for the quarter that ended in Dec. 2025 was 3.54%. JiaXing Gas Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 21.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. JiaXing Gas Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 16.54%.


JiaXing Gas Group Co  (HKSE:09908) EBIT Explanation

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

JiaXing Gas Group Co'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 )
=102.686 * ( 1 - 12.64% )/( (2460.536 + 2612.296)/ 2 )
=89.7064896/2536.416
=3.54 %

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))
=3419.396 - 754.809 - ( 554.34 - max(0, 931.116 - 1135.167+554.34))
=2460.536

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))
=3890.808 - 1008.822 - ( 728.568 - max(0, 1200.466 - 1470.156+728.568))
=2612.296

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:

JiaXing Gas Group Co'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 )
=222.678/( ( (1001.748 + max(-484.044, 0)) + (1027.472 + max(-638.811, 0)) )/ 2 )
=222.678/( ( 1001.748 + 1027.472 )/ 2 )
=222.678/1014.61
=21.95 %

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)
=(235.79 + 159.579 + 0.00099999999974898) - (754.809 + 0 + 124.605)
=-484.044

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(274.968 + 131.111 + 100.319) - (1008.822 + 0 + 136.387)
=-638.811

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:

JiaXing Gas Group Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=231.442/1399.283
=16.54 %

* 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.


JiaXing Gas Group Co EBIT Related Terms


JiaXing Gas Group Co EBIT Historical Data

* Premium members only.

The historical data trend for JiaXing Gas Group Co'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.

JiaXing Gas Group Co EBIT Chart

JiaXing Gas Group Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only 193.73 126.39 322.80 297.27 232.72

JiaXing Gas Group Co Semi-Annual Data
Dec17 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 126.91 125.07 173.23 120.10 111.34

HKSE:09908 vs ATO, NI: EBIT Comparison

For the Utilities - Regulated Gas subindustry, JiaXing Gas Group Co'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.


JiaXing Gas Group Co EV-to-EBIT vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, JiaXing Gas Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where JiaXing Gas Group Co's EV-to-EBIT falls into.


HKSE:09908
80GF Score
JiaXing Gas Group Co Ltd HKSE:09908
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JiaXing Gas Group Co 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$231 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$231 Mil mean?
JiaXing Gas Group Co (HKSE:09908) has a EBIT of HK$231 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on JiaXing Gas Group Co.
Is JiaXing Gas Group Co's EBIT too high?
JiaXing Gas Group Co's current EBIT is HK$231 Mil. Overall, JiaXing Gas Group Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JiaXing Gas Group Co's EBIT compare to ATO and NI?
JiaXing Gas Group Co's EBIT of HK$231 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good EBIT depends on the Utilities - Regulated 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 JiaXing Gas Group Co. JiaXing Gas Group Co's current EBIT is HK$231 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JiaXing Gas Group Co stock overvalued right now?
Based on GuruFocus' analysis, JiaXing Gas Group Co (HKSE:09908) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$7.24, compared to a current price of HK$8.48 — trading 17.1% above its estimated fair value. The current EBIT is HK$231 Mil. JiaXing Gas Group Co's overall GF Score™ is 80/100 with 9 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 JiaXing Gas Group Co (HKSE:09908), the current EBIT is HK$231 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 JiaXing Gas Group Co (HKSE:09908) Overvalued in 2026?

Based on GuruFocus' analysis, JiaXing Gas Group Co stock appears to be overvalued. The current stock price of HK$8.48 is trading 17.1% above its estimated GF Value™ of HK$7.24. GuruFocus considers JiaXing Gas Group Co to be Modestly Overvalued.

Key valuation signals for HKSE:09908:

  • EBIT: HK$231 Mil
  • GF Value™: HK$7.24 vs. price of HK$8.48 (17.1% above fair value)
  • GF Score™: 80/100 with 9 warning signs

No single metric tells the full story. See the HKSE:09908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JiaXing Gas Group Co Business Description

Address No. 32 Qinyi Road, 5th Floor, Hualong Plaza, Building 3, Economic and Technological Development Zone, Zhejiang Province, Jiaxing, CHN
JiaXing Gas Group Co Ltd is engaged in the sale of gas, mainly piped natural gas(PNG) (under the concessions), liquefied natural gas (LNG) and liquefied petroleum gas (LPG) in Jiaxing; (ii) provision of construction and installation services; and (iii) other activities, including provision of natural gas transportation services, sale of vapour and construction materials, and leasing of properties, etc. Geographically, the company generates all of its revenue from Mainland China.
80GF Score

Get the complete analysis for HKSE:09908

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

HK$8.48
Price
HK$7.24
GF Value