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v0.1
0650.HK$0.46-1.08%
Fair $0.46+0.0%

0650.HK

Productive Technologies Company Limited

Technology / Semiconductor Equipment & MaterialsHKSE

$0.46

-0.00 (-1.08%)

Fairly Valued+0.0%Fair Value $0.46Fund rank 32/100 · Data gapFallback financials|
SA 35/D
F-Score: 4/9
Declining RevenueLow 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 33% · confianza 25%

FCF escenarios

weak_data · normalized FCF $-234.5M · quality 78.0/100

Data gap 32/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 43/100Data 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

35/100

D

Piotroski

4/9

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. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. Revenue has declined for 2 consecutive years ROE is -20.6%, below the 5% threshold
Thesis & Journal · 0650.HKLocal privado en este navegador · Productive Technologies 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

$3.4B

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-20.6%

↓

Gross Margin

22.9%

↓

Debt/Equity

0.24

↑
52-Week Range$0
$0$1

TradingView lightweight chart

0650.HK price, volumen y niveles de valoración

Último $0.460Periodo +39.4%
Fair value: $0.460

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

+26.3%

FCF CAGR

—

FCF margin

-66.2%

FCF / Net income

0.61x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $278.8M · net income $-303.8M · FCF $-184.5M

2022-FY → 2025-FY

Gross margin

22.9%-6.8% pts

Operating margin

-72.4%+4.8% pts

Net margin

-109.0%+182.9% pts

FCF margin

-66.2%+7.5% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$278.8M$278.8M$543.6M$567.5M$138.3M
Net Income$-303.8M$-303.8M$-347.5M$-222.5M$-403.8M
EBITDA$-191.4M$-191.4M$-241.6M$-127.8M$-386.9M
EPS-0.04-0.04-0.05-0.03-0.06
Gross Margin22.9%22.9%15.1%20.4%29.8%
Operating Margin-72.4%-72.4%-57.0%-28.1%-77.2%
Net Margin-109.0%-109.0%-63.9%-39.2%-291.9%
Balance Sheet
Debt/Equity0.240.240.160.040.01
Current Ratio1.691.69———
Cash Flow
Free Cash Flow$-184.5M$-184.5M$-234.5M$-294.7M$-101.8M
Returns
ROE-20.6%-20.6%-19.6%-10.1%-15.6%
Valuation
P/B2.312.311.342.762.78
Growth & Yield
Revenue Growth-48.7%-48.7%-4.2%310.3%—
EPS Growth12.5%12.5%-60.3%49.8%—

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 +120.1%

Total return

+120.1%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.05 → -0.04

Residual

+120.1%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+120.1%

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.