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v0.1
0488.HK$0.76-3.80%
Fair $0.76+0.0%

0488.HK

Lai Sun Development Company Limited

Real Estate / Real Estate - DiversifiedHKSE

$0.76

-0.03 (-3.80%)

Fairly Valued+0.0%Fair Value $0.76Fund rank 24/100 · Data gapFallback financials|
SA 20/D
F-Score: 3/9
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 24/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 13/100Data 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

3/9

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 -12.4%, below the 5% threshold
Thesis & Journal · 0488.HKLocal privado en este navegador · Lai Sun Development Company 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

$1.1B

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-12.4%

↓

Gross Margin

20.2%

↓

Debt/Equity

1.13

↑
52-Week Range$1
$1$1

TradingView lightweight chart

0488.HK price, volumen y niveles de valoración

Último $0.760Periodo -84.4%
Fair value: $0.760

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

-1.3%

FCF CAGR

—

FCF margin

3.5%

FCF / Net income

-0.06x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $4.90B · net income $-2.87B · FCF $173.3M

2022-FY → 2025-FY

Gross margin

20.2%-10.1% pts

Operating margin

-17.2%+16.3% pts

Net margin

-58.7%-20.1% pts

FCF margin

3.5%+94.0% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$4.90B$4.90B$6.00B$4.90B$5.09B
Net Income$-2.87B$-2.87B$-3.67B$-2.97B$-1.97B
EBITDA$-1.47B$-1.47B$-1.69B$-1.63B$-357.8M
EPS——-2.53-2.45-2.13
Gross Margin20.2%20.2%25.5%14.8%30.3%
Operating Margin-17.2%-17.2%-10.3%-31.4%-33.5%
Net Margin-58.7%-58.7%-61.3%-60.5%-38.6%
Balance Sheet
Debt/Equity1.131.131.020.910.89
Current Ratio1.051.05———
Cash Flow
Free Cash Flow$173.3M$173.3M$-907.8M$-570.0M$-4.61B
Returns
ROE-12.4%-12.4%-14.2%-10.0%-6.0%
Valuation
P/B0.050.050.040.050.12
Growth & Yield
Revenue Growth-18.3%-18.3%22.4%-3.8%—
EPS Growth——-3.3%-14.8%—

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 +38.2%

Total return

+38.2%

Start / end P/E

n/dx → n/dx

EPS bridge

-2.53 → n/d

Residual

+38.2%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+38.2%

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.