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v0.1
0194.HK$4.39-0.23%
Fair $4.39+0.0%

0194.HK

Liu Chong Hing Investment Limited

Real Estate / Real Estate - DevelopmentHKSE

$4.39

-0.01 (-0.23%)

Fairly Valued+0.0%Fair Value $4.39Fund rank 27/100 · Data gapFallback financials|
SA 42/C
F-Score: 7/9
Low 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 27/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 27/100Data 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

42/100

C

Piotroski

7/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 1unknown: 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. ROE is 0.1%, below the 5% threshold
Thesis & Journal · 0194.HKLocal privado en este navegador · Liu Chong Hing Investment 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

$1.7B

P/E

146.3x

↑

EV/EBITDA

16.9x

↑

ROE

0.1%

↓

Gross Margin

50.7%

↑

Debt/Equity

0.28

↓
52-Week Range$4
$4$5

TradingView lightweight chart

0194.HK price, volumen y niveles de valoración

Último $4.390Periodo +2.3%
Fair value: $4.390

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

+13.8%

FCF CAGR

—

FCF margin

30.4%

FCF / Net income

26.61x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.05B · net income $12.0M · FCF $320.6M

2022-FY → 2025-FY

Gross margin

50.7%-3.8% pts

Operating margin

11.1%-7.4% pts

Net margin

1.1%-10.9% pts

FCF margin

30.4%+68.2% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.05B$1.05B$933.0M$732.3M$715.2M
Net Income$12.0M$12.0M$-837.1M$-814.9M$86.1M
EBITDA$170.5M$170.5M$-569.8M$-641.8M$349.6M
EPS0.030.03-2.21-2.150.23
Gross Margin50.7%50.7%53.1%-19.5%54.5%
Operating Margin11.1%11.1%12.2%-64.9%18.5%
Net Margin1.1%1.1%-89.7%-111.3%12.0%
Balance Sheet
Debt/Equity0.280.280.320.210.18
Current Ratio2.332.33———
Cash Flow
Free Cash Flow$320.6M$320.6M$291.1M$126.8M$-270.2M
Returns
ROE0.1%0.1%-8.0%-7.0%0.7%
Valuation
P/E146.33146.33——31.96
EV/EBITDA16.8816.88——9.72
P/B0.160.160.140.180.22
Growth & Yield
Revenue Growth12.9%12.9%27.4%2.4%—
EPS Growth101.4%101.4%-2.8%-1034.8%—
Dividend Yield6.4%6.4%———

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

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

135.0%

muy exigente

EPS terminal req.

$0.39

Spread vs growth

-33.7%

5Y implied EPS CAGR

73.5%

muy exigente

EPS terminal req.

$0.47

Spread vs growth

27.9%

10Y implied EPS CAGR

38.1%

muy exigente

EPS terminal req.

$0.76

Spread vs growth

63.2%

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 +12.4%

Total return

+12.4%

Start / end P/E

n/dx → n/dx

EPS bridge

-2.21 → 0.03

Residual

+6.0%

EPS growthn/d
Multiple reratingn/d
Dividend+6.4%
Residual / FX / buybacks / cross-term+6.0%

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.