WAI (Top KingWin) EBIT: $-24.24 Mil (TTM As of Dec. 2025)


WAI Top KingWin Ltd WAI
49 GF Score
Price $1.88
GF Value $19.48
Valuation Possible Value Trap
! 7 Warning Signs
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What is Top KingWin EBIT?

Top KingWin WAI -2.34% 49 EBIT is $-24.24 Mil as of Dec. 2025. GuruFocus rates WAI with a GF Score™ of 49/100 and a GF Value™ of $19.48 (Possible Value Trap). The stock has 7 warning signs investors should review.

Top KingWin's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was $-21.51 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was $-24.24 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Top KingWin's annualized ROC % for the quarter that ended in Dec. 2025 was -154.55%. Top KingWin's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -163.28%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Top KingWin's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 279.75%.


Top KingWin  (NAS:WAI) EBIT Explanation

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

Top KingWin'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 )
=-43.028 * ( 1 - 0% )/( (38.003 + 17.677)/ 2 )
=-43.028/27.84
=-154.55 %

where

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:

Top KingWin'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 )
=-43.028/( ( (0.481 + max(35.165, 0)) + (0.028 + max(17.029, 0)) )/ 2 )
=-43.028/( ( 35.646 + 17.057 )/ 2 )
=-43.028/26.3515
=-163.28 %

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)
=(0.104 + 0 + 37.629) - (2.06 + 0.508 + 0)
=35.165

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.766 + 0 + 19.256) - (2.561 + 0.432 + 0)
=17.029

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:

Top KingWin's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-24.243/-8.666
=279.75 %

* 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.


Top KingWin EBIT Related Terms


Top KingWin EBIT Historical Data

* Premium members only.

The historical data trend for Top KingWin'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.

Top KingWin EBIT Chart

Top KingWin Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial 3.04 -0.92 -2.49 -4.16 -24.24

Top KingWin Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.47 -3.69 -0.47 -2.73 -21.51

WAI vs PMAX, LMFA, ITEX: EBIT Comparison

For the Capital Markets subindustry, Top KingWin'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.


Top KingWin EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Top KingWin's EV-to-EBIT distribution charts can be found below:

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


WAI
49GF Score
Top KingWin Ltd WAI
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Top KingWin 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 $-24.24 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 $-24.24 Mil mean?
Top KingWin (WAI) has a EBIT of $-24.24 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Top KingWin.
Is Top KingWin's EBIT too high?
Top KingWin's current EBIT is $-24.24 Mil. Overall, Top KingWin has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Top KingWin's EBIT compare to PMAX and LMFA?
Top KingWin's EBIT of $-24.24 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good EBIT depends on the Capital Markets 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 Top KingWin. Top KingWin's current EBIT is $-24.24 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top KingWin stock overvalued right now?
Based on GuruFocus' analysis, Top KingWin (WAI) is currently considered Possible Value Trap. The stock's GF Value™ is $19.48, compared to a current price of $1.88 — trading 90.4% below its estimated fair value. The current EBIT is $-24.24 Mil. Top KingWin's overall GF Score™ is 49/100 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 Top KingWin (WAI), the current EBIT is $-24.24 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 Top KingWin (WAI) Overvalued in 2026?

Based on GuruFocus' analysis, Top KingWin stock appears to be undervalued. The current stock price of $1.88 is trading 90.4% below its estimated GF Value™ of $19.48. GuruFocus considers Top KingWin to be Possible Value Trap.

Key valuation signals for WAI:

  • EBIT: $-24.24 Mil
  • GF Value™: $19.48 vs. price of $1.88 (90.4% below fair value)
  • GF Score™: 49/100 with 7 warning signs

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


Top KingWin Business Description

Address Intersection of Houhai Avenue and Haide 1st Road, 15N, Block B, Zhongzhou Holding Financial Center, Nanshan District, Guangdong Province, Shenzhen, CHN, 518064
Top KingWin Ltd is an offshore holding company. The company provides business services mainly to small and medium-sized enterprises, focusing on corporate training related to capital markets, business planning, and fundraising awareness, including guidance on public listing processes and regulatory basics. It also offers corporate consulting, advisory, and transaction services that are customized to clients' fundraising and strategic financial needs, often delivered as bundled or modular solutions. In addition, the company has expanded into selling AI-related devices for data collection and analysis as well as robots with interactive and multi-scenario capabilities, and it has also started limited overseas operations through a subsidiary in the United States.
49GF Score

Get the complete analysis for WAI

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

$1.88
Price
$19.48
GF Value