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v0.1
0645.HK$0.18-0.54%
Fair $0.18+0.0%

0645.HK

Ares Asia Limited

Energy / Thermal CoalHKSE

$0.18

-0.00 (-0.54%)

Fairly Valued+0.0%Fair Value $0.18Fund rank 30/100 · Data gapFallback financials|
SA 21/D
F-Score: 1/9
Margin CompressionLow Profitability

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 34% · confianza 20%

FCF escenarios

weak_data · normalized FCF $-1.8M · quality 55.3/100

Data gap 30/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 26/100Data 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

21/100

D

Piotroski

1/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 2unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific commodity mid-cycle model required: targets are disabled until normalized cycle price/cost-curve/reserve data exists. Operating margin has declined for 3 consecutive years ROE is -51.3%, below the 5% threshold
Thesis & Journal · 0645.HKLocal privado en este navegador · Ares Asia 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

$95M

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-51.3%

↓

Gross Margin

3.0%

↓

Debt/Equity

0.05

↓
52-Week Range$0
$0$0

TradingView lightweight chart

0645.HK price, volumen y niveles de valoración

Último $0.185Periodo -68.3%
Fair value: $0.185

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

-68.0%

FCF CAGR

—

FCF margin

-123.8%

FCF / Net income

1.74x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $3.3M · net income $-2.4M · FCF $-4.1M

2022-FY → 2025-FY

Gross margin

3.0%+2.6% pts

Operating margin

-41.5%-40.1% pts

Net margin

-71.1%-69.0% pts

FCF margin

-123.8%-154.4% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$3.3M$3.3M$70.4M$52.6M$101.6M
Net Income$-2.4M$-2.4M$-1.3M$-829000.00$-2.1M
EBITDA$-2.2M$-2.2M$-1.3M$-753000.00$-1.8M
EPS-0.00-0.00-0.00-0.00-0.00
Gross Margin3.0%3.0%0.5%2.0%0.4%
Operating Margin-41.5%-41.5%-1.8%-1.5%-1.4%
Net Margin-71.1%-71.1%-1.8%-1.6%-2.1%
Balance Sheet
Debt/Equity0.050.050.020.040.06
Current Ratio13.1113.11———
Cash Flow
Free Cash Flow$-4.1M$-4.1M$-1.2M$-1.8M$31.1M
Returns
ROE-51.3%-51.3%-18.2%-10.1%-23.5%
Valuation
P/B20.6420.646.7116.8514.74
Growth & Yield
Revenue Growth-95.3%-95.3%33.8%-48.2%—
EPS Growth-84.0%-84.0%-54.8%60.6%—

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 -7.5%

Total return

-7.5%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.00 → -0.00

Residual

-7.5%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-7.5%

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.