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1046.HK$0.35+2.90%
Fair $0.35+0.0%

1046.HK

Universe Entertainment and Culture Group Company Limited

Communication Services / EntertainmentHKSE

$0.35

+0.01 (+2.90%)

Fairly Valued+0.0%Fair Value $0.35Fund rank 29/100 · Data gapFallback financials|
SA 38/D
F-Score: 6/9
Low 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 $-111.5M · quality 54.7/100

Data gap 29/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 20/100Data 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

38/100

D

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: 1unknown: 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. ROE is -9.9%, below the 5% threshold
Thesis & Journal · 1046.HKLocal privado en este navegador · Universe Entertainment and Culture Group 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

$322M

P/E

N/A

•

EV/EBITDA

0.9x

↓

ROE

-9.9%

↓

Gross Margin

17.2%

↓

Debt/Equity

0.04

↓
52-Week Range$0
$0$1

TradingView lightweight chart

1046.HK price, volumen y niveles de valoración

Último $0.355Periodo -98.8%
Fair value: $0.355

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2021–2024 · 3 años de histórico normalizado

Revenue CAGR

-15.4%

FCF CAGR

-29.0%

FCF margin

17.0%

FCF / Net income

-2.04x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $365.3M · net income $-30.4M · FCF $62.1M

2021-FY → 2024-FY

Gross margin

17.2%-22.6% pts

Operating margin

-1.3%-29.0% pts

Net margin

-8.3%-33.9% pts

FCF margin

17.0%-11.7% pts
MetricTTM
2024
2023
2022
2021
Income Statement
Revenue$365.3M$365.3M$198.4M$127.6M$602.6M
Net Income$-30.4M$-30.4M$-92.8M$-76.6M$154.3M
EBITDA$218.6M$218.6M$32.1M$-41.2M$392.0M
EPS-0.03-0.03-0.10-0.08—
Gross Margin17.2%17.2%14.8%17.7%39.8%
Operating Margin-1.3%-1.3%-20.1%-40.6%27.7%
Net Margin-8.3%-8.3%-46.7%-60.0%25.6%
Balance Sheet
Debt/Equity0.040.040.030.030.04
Current Ratio1.431.43———
Cash Flow
Free Cash Flow$62.1M$62.1M$-111.5M$-165.5M$173.1M
Returns
ROE-9.9%-9.9%-27.4%-17.7%30.4%
Valuation
EV/EBITDA0.920.925.43—0.04
P/B1.051.050.721.300.73
Growth & Yield
Revenue Growth84.1%84.1%55.5%-78.8%—
EPS Growth67.2%67.2%-21.2%——

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 -21.1%

Total return

-21.1%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.10 → -0.03

Residual

-21.1%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-21.1%

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.