HNLGF (Hang Lung Group) EBIT: $639 Mil (TTM As of Dec. 2025)


HNLGF Hang Lung Group Ltd HNLGF
62 GF Score
Price $1.94
GF Value $1.50
! 7 Warning Signs
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What is Hang Lung Group EBIT?

Hang Lung Group HNLGF 62 EBIT is $639 Mil as of Dec. 2025. GuruFocus rates HNLGF with a GF Score™ of 62/100 and a GF Value™ of $1.50. The stock has 7 warning signs investors should review.

Hang Lung Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was $277 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was $639 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hang Lung Group's annualized ROC % for the quarter that ended in Dec. 2025 was 1.84%. Hang Lung Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 39.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hang Lung Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 4.09%.

Hang Lung Group  (OTCPK:HNLGF) EBIT Explanation

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

Hang Lung Group'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 )
=789.378 * ( 1 - 34.18% )/( (27797.951 + 28633.045)/ 2 )
=519.5685996/28215.498
=1.84 %

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))
=29907.117 - 1156.639 - ( 952.527 - max(0, 1976.276 - 3120.174+952.527))
=27797.951

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))
=30360.888 - 886.541 - ( 841.302 - max(0, 1971.263 - 3059.454+841.302))
=28633.045

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:

Hang Lung Group'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 )
=553.928/( ( (436.129 + max(1011.008, 0)) + (458.436 + max(881.657, 0)) )/ 2 )
=553.928/( ( 1447.137 + 1340.093 )/ 2 )
=553.928/1393.615
=39.75 %

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)
=(400.071 + 1767.576 + 0) - (1156.639 + 0 + 2.2737367544323E-13)
=1011.008

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(349.578 + 1836.958 + 31.616) - (886.541 + 0 + 449.954)
=881.657

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=639.194/15641.988
=4.09 %

* 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.

Hang Lung Group EBIT Related Terms

Hang Lung Group EBIT Historical Data

* Premium members only.

The historical data trend for Hang Lung Group'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.

Hang Lung Group EBIT Chart

Hang Lung Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 986.79 873.56 921.53 655.83 642.35

Hang Lung Group Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only 406.28 344.81 309.39 362.23 276.96

HNLGF vs CBRE, BEKE: EBIT Comparison

For the Real Estate Services subindustry, Hang Lung Group'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.

Hang Lung Group EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Hang Lung Group's EV-to-EBIT distribution charts can be found below:

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


HNLGF
62GF Score
Hang Lung Group Ltd HNLGF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Hang Lung Group 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 $639 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 $639 Mil mean?
Hang Lung Group (HNLGF) has a EBIT of $639 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hang Lung Group.
Is Hang Lung Group's EBIT too high?
Hang Lung Group's current EBIT is $639 Mil. Overall, Hang Lung Group has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Hang Lung Group's EBIT compare to CBRE and BEKE?
Hang Lung Group's EBIT of $639 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good EBIT depends on the Real Estate 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 Hang Lung Group. Hang Lung Group's current EBIT is $639 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hang Lung Group stock overvalued right now?
Hang Lung Group (HNLGF) has a current EBIT of $639 Mil. The stock's GF Value™ is $1.50, compared to a current price of $1.94 — trading 29.3% above its estimated fair value. The current EBIT is $639 Mil. Hang Lung Group's overall GF Score™ is 62/100 with 7 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 Hang Lung Group (HNLGF), the current EBIT is $639 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 Hang Lung Group (HNLGF) Overvalued in 2026?

Based on GuruFocus' analysis, Hang Lung Group stock appears to be overvalued. The current stock price of $1.94 is trading 29.3% above its estimated GF Value™ of $1.50.

Key valuation signals for HNLGF:

  • EBIT: $639 Mil
  • GF Value™: $1.50 vs. price of $1.94 (29.3% above fair value)
  • GF Score™: 62/100 with 7 warning signs

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

Hang Lung Group Business Description

Address 4 Des Voeux Road Central, 28th Floor, Standard Chartered Bank Building, Hong Kong, HKG
Hang Lung Group Ltd is an investment holding company. Through its subsidiaries, it is engaged in property development for sales and leasing, property investment for rental income, and other investments. The Group also operates in property management, and through its joint ventures, is involved in the provision of dry and laundry cleaning services. Its reportable segments are Property Leasing, Hotels, and Property Sales. Maximum revenue is generated from the Property Leasing segment, which includes leasing of a portfolio of commercial, office, and residential properties in Mainland China and Hong Kong. Geographically, the Group generates maximum revenue from the Chinese Mainland and the rest from Hong Kong.
62GF Score

Get the complete analysis for HNLGF

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

$1.94
Price
$1.50
GF Value