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1867.HK$0.21+0.00%
Fair $0.21+0.0%

1867.HK

Standard Development Group Limited

Industrials / Consulting ServicesHKSE

$0.21

+0.00 (+0.00%)

Fairly Valued+0.0%Fair Value $0.21Fund rank 25/100 · Data gapFallback financials|
SA 17/F
F-Score: 2/9
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 16%

FCF escenarios

weak_data · normalized FCF $-90.4M · quality 37.3/100

Data gap 25/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 23/100Data 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

17/100

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: 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 -52.9%, below the 5% threshold
Thesis & Journal · 1867.HKLocal privado en este navegador · Standard Development 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

$314M

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-52.9%

↓

Gross Margin

0.3%

↓

Debt/Equity

1.98

↑
52-Week Range$0
$0$0

TradingView lightweight chart

1867.HK price, volumen y niveles de valoración

Último $0.210Periodo -69.6%
Fair value: $0.210

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

-0.6%

FCF CAGR

—

FCF margin

-30.0%

FCF / Net income

1.81x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $301.0M · net income $-50.0M · FCF $-90.4M

2022-FY → 2025-FY

Gross margin

0.3%-3.1% pts

Operating margin

-12.5%-8.3% pts

Net margin

-16.6%-9.8% pts

FCF margin

-30.0%-53.6% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$301.0M$301.0M$489.8M$661.2M$306.6M
Net Income$-50.0M$-50.0M$-19.9M$-8.8M$-21.0M
EBITDA$-30.9M$-30.9M$-16.8M$-4.3M$-19.2M
EPS-0.03-0.03-0.01-0.01-0.02
Gross Margin0.3%0.3%0.8%3.3%3.3%
Operating Margin-12.5%-12.5%-3.4%-0.2%-4.1%
Net Margin-16.6%-16.6%-4.1%-1.3%-6.9%
Balance Sheet
Debt/Equity1.981.980.520.100.11
Current Ratio0.680.68———
Cash Flow
Free Cash Flow$-90.4M$-90.4M$-125.4M$-18.4M$72.1M
Returns
ROE-52.9%-52.9%-13.8%-5.2%-14.5%
Valuation
P/B3.323.322.091.582.70
Growth & Yield
Revenue Growth-38.5%-38.5%-25.9%115.7%—
EPS Growth-151.9%-151.9%-111.1%62.5%—

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 +56.7%

Total return

+56.7%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.01 → -0.03

Residual

+56.7%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+56.7%

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.