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1532.HK$0.14+5.00%
Fair $0.14+0.0%

1532.HK

China Partytime Culture Holdings Limited

Consumer Cyclical / Apparel ManufacturingHKSE

$0.14

+0.01 (+5.00%)

Fairly Valued+0.0%Fair Value $0.14Fund rank 28/100 · Data gapFallback financials|
SA 35/D
F-Score: 3/9
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 34% · confianza 19%

FCF escenarios

weak_data · normalized FCF $-16.5M · quality 49.7/100

Data gap 28/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 17/100Data 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

3/9

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 holding-company NAV/SOTP model required: targets are disabled until look-through holdings, debt and discount data exists. Revenue has declined for 2 consecutive years ROE is -34.9%, below the 5% threshold
Thesis & Journal · 1532.HKLocal privado en este navegador · China Partytime Culture Holdings 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

$253M

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-34.9%

↓

Gross Margin

16.6%

↓

Debt/Equity

0.04

↓
52-Week Range$0
$0$0

TradingView lightweight chart

1532.HK price, volumen y niveles de valoración

Último $0.147Periodo -84.2%
Fair value: $0.140

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

-13.7%

FCF CAGR

—

FCF margin

-41.2%

FCF / Net income

0.89x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $193.6M · net income $-90.2M · FCF $-79.8M

2022-FY → 2025-FY

Gross margin

16.6%-8.3% pts

Operating margin

-29.4%-21.0% pts

Net margin

-46.6%-41.5% pts

FCF margin

-41.2%-29.7% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$193.6M$193.6M$206.4M$355.7M$301.1M
Net Income$-90.2M$-90.2M$-75.4M$-23.9M$-15.1M
EBITDA$-58.9M$-58.9M$-32.8M$11.3M$24.5M
EPS——-0.04-0.02-0.01
Gross Margin16.6%16.6%17.4%24.5%24.9%
Operating Margin-29.4%-29.4%-22.4%-4.6%-8.4%
Net Margin-46.6%-46.6%-36.5%-6.7%-5.0%
Balance Sheet
Debt/Equity0.040.040.080.020.21
Current Ratio5.245.24———
Cash Flow
Free Cash Flow$-79.8M$-79.8M$-16.5M$34.7M$-34.8M
Returns
ROE-34.9%-34.9%-21.9%-6.2%-4.0%
Valuation
EV/EBITDA———10.6415.89
P/B0.980.980.540.420.95
Growth & Yield
Revenue Growth-6.2%-6.2%-42.0%18.1%—
EPS Growth——-137.5%-28.2%—

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 +21.5%

Total return

+21.5%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.04 → n/d

Residual

+21.5%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+21.5%

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.