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0931.HK$0.35+1.43%
Fair $0.35+0.0%

0931.HK

China HK Power Smart Energy Group Limited

Energy / Oil & Gas Refining & MarketingHKSE

$0.35

+0.00 (+1.43%)

Fairly Valued+0.0%Fair Value $0.35Fund rank 24/100 · Data gapFallback financials|
SA 16/F
F-Score: 6/9
High DebtLow 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 15%

FCF escenarios

weak_data · normalized FCF $-132.7M · quality 44.3/100

Data gap 24/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 39/100Data 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

16/100

F

Piotroski

6/9

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. Debt-to-Equity ratio is 3.13, above the 2.0 threshold ROE is -47.0%, below the 5% threshold
Thesis & Journal · 0931.HKLocal privado en este navegador · China HK Power Smart Energy Group 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

$2.9B

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-47.0%

↓

Gross Margin

16.3%

↓

Debt/Equity

3.13

↑
52-Week Range$0
$0$1

TradingView lightweight chart

0931.HK price, volumen y niveles de valoración

Último $0.355Periodo -70.4%
Fair value: $0.355

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

+18.2%

FCF CAGR

—

FCF margin

-18.6%

FCF / Net income

1.25x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $713.4M · net income $-106.0M · FCF $-132.7M

2022-FY → 2025-FY

Gross margin

16.3%+24.2% pts

Operating margin

-6.3%+32.7% pts

Net margin

-14.9%+31.1% pts

FCF margin

-18.6%+13.8% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$713.4M$713.4M$454.5M$211.8M$432.5M
Net Income$-106.0M$-106.0M$-139.3M$-167.2M$-198.8M
EBITDA$-37.5M$-37.5M$-62.6M$-75.5M$-110.5M
EPS-0.02-0.02-0.02-0.03-0.04
Gross Margin16.3%16.3%14.0%-7.6%-7.9%
Operating Margin-6.3%-6.3%-10.5%-69.4%-39.0%
Net Margin-14.9%-14.9%-30.6%-78.9%-46.0%
Balance Sheet
Debt/Equity3.133.1321.189.232.87
Current Ratio0.570.57———
Cash Flow
Free Cash Flow$-132.7M$-132.7M$-165.6M$-25.0M$-140.0M
Returns
ROE-47.0%-47.0%-374.8%-258.2%-88.8%
Valuation
P/B10.4110.4175.5731.816.43
Growth & Yield
Revenue Growth57.0%57.0%114.5%-51.0%—
EPS Growth34.2%34.2%17.9%15.9%—

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 +22.4%

Total return

+22.4%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.02 → -0.02

Residual

+22.4%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+22.4%

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.