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1098.HK$0.60+0.00%
Fair $0.60+0.0%

1098.HK

Road King Infrastructure Limited

Real Estate / Real Estate - DevelopmentHKSE

$0.60

+0.00 (+0.00%)

Fairly Valued+0.0%Fair Value $0.60Fund rank 24/100 · Data gapFallback financials|
SA 5/F
F-Score: 2/9
Declining RevenueMargin CompressionLow 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 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

5/100

F

Piotroski

2/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 3unknown: 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. Revenue has declined for 3 consecutive years Operating margin has declined for 3 consecutive years ROE is -41.8%, below the 5% threshold
Thesis & Journal · 1098.HKLocal privado en este navegador · Road King Infrastructure 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

$450M

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-41.8%

↓

Gross Margin

-44.1%

↓

Debt/Equity

1.17

↑
52-Week Range$1
$1$1

TradingView lightweight chart

1098.HK price, volumen y niveles de valoración

Último $0.600Periodo -87.6%
Fair value: $0.600

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

-32.3%

FCF CAGR

—

FCF margin

-9.3%

FCF / Net income

0.09x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $5.32B · net income $-5.44B · FCF $-497.5M

2022-FY → 2025-FY

Gross margin

-44.1%-61.3% pts

Operating margin

-59.0%-66.7% pts

Net margin

-102.1%-102.4% pts

FCF margin

-9.3%-21.6% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$5.32B$5.32B$5.54B$13.08B$17.16B
Net Income$-5.44B$-5.44B$-3.58B$-3.43B$41.5M
EBITDA$-4.68B$-4.68B$-2.58B$-2.50B$2.28B
EPS——-5.50-5.29-0.66
Gross Margin-44.1%-44.1%-25.1%-5.0%17.2%
Operating Margin-59.0%-59.0%-42.0%-14.3%7.7%
Net Margin-102.1%-102.1%-64.7%-26.2%0.2%
Balance Sheet
Debt/Equity1.171.170.911.001.18
Current Ratio0.980.98———
Cash Flow
Free Cash Flow$-497.5M$-497.5M$2.03B$2.54B$2.09B
Returns
ROE-41.8%-41.8%-20.0%-15.1%0.2%
Valuation
EV/EBITDA————11.84
P/B0.030.030.050.050.11
Growth & Yield
Revenue Growth-3.9%-3.9%-57.7%-23.8%—
EPS Growth——-4.0%-701.5%—

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 -25.9%

Total return

-25.9%

Start / end P/E

n/dx → n/dx

EPS bridge

-5.50 → n/d

Residual

-25.9%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-25.9%

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.