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0089.HK$2.12+0.00%
Fair $2.12+0.0%

0089.HK

Tai Sang Land Development Limited

Real Estate / Real Estate ServicesHKSE

$2.12

+0.00 (+0.00%)

Fairly Valued+0.0%Fair Value $2.12Fund rank 33/100 · Data gapFallback financials|
SA 20/D
F-Score: 5/9
Declining RevenueMargin CompressionLow Profitability

Book/ROE base 3Y

n/d

n/d CAGR · P/B n/d

Book/ROE base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

Book/ROE escenarios

weak_data · book/share n/d · quality 0.0/100

Data gap 33/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 74/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

20/100

D

Piotroski

5/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 3unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific NAV/AFFO model required: REIT/real-estate targets are disabled until FFO/AFFO/NAV/cap-rate data exists. REIT NAV/AFFO valuation requires positive AFFO/share history or TTM AFFO/share; generic FCF remains disabled. Revenue has declined for 2 consecutive years Operating margin has declined for 3 consecutive years ROE is -3.2%, below the 5% threshold
Thesis & Journal · 0089.HKLocal privado en este navegador · Tai Sang Land Development Limited
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$610M

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-3.2%

↓

Gross Margin

62.4%

↑

Debt/Equity

0.33

↓
52-Week Range$2
$2$3

TradingView lightweight chart

0089.HK price, volumen y niveles de valoración

Último $2.120Periodo -1.4%
Fair value: $2.120

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

+2.3%

FCF CAGR

+2.7%

FCF margin

29.7%

FCF / Net income

-0.54x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $471.3M · net income $-257.6M · FCF $139.9M

2022-FY → 2025-FY

Gross margin

62.4%-3.9% pts

Operating margin

21.9%-4.4% pts

Net margin

-54.7%-136.5% pts

FCF margin

29.7%+0.3% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$471.3M$471.3M$481.6M$487.1M$439.9M
Net Income$-257.6M$-257.6M$-333.4M$-185.7M$360.1M
EBITDA$-94.5M$-94.5M$-162.4M$-16.7M$458.2M
EPS——-1.16-0.651.25
Gross Margin62.4%62.4%62.0%62.3%66.3%
Operating Margin21.9%21.9%24.3%24.4%26.2%
Net Margin-54.7%-54.7%-69.2%-38.1%81.9%
Balance Sheet
Debt/Equity0.330.330.320.300.29
Current Ratio0.130.13———
Cash Flow
Free Cash Flow$139.9M$139.9M$157.6M$159.0M$129.1M
Returns
ROE-3.2%-3.2%-4.0%-2.2%4.1%
Valuation
P/E————3.22
EV/EBITDA————7.86
P/B0.080.080.060.090.13
Growth & Yield
Revenue Growth-2.1%-2.1%-1.1%10.7%—
EPS Growth——-78.5%-152.0%—
Dividend Yield3.8%3.8%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +27.7%

Total return

+27.7%

Start / end P/E

n/dx → n/dx

EPS bridge

-1.16 → n/d

Residual

+24.0%

EPS growthn/d
Multiple reratingn/d
Dividend+3.8%
Residual / FX / buybacks / cross-term+24.0%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.