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Recent

v0.1
1900.HK$0.26+4.42%
Fair $0.26+0.0%

1900.HK

China ITS (Holdings) Co., Ltd.

Technology / Information Technology ServicesHKSE

$0.26

+0.01 (+4.42%)

Fairly Valued+0.0%Fair Value $0.26Fund rank 31/100 · Data gapFallback financials|
SA 55/C
F-Score: 3/9
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 33% · confianza 21%

FCF escenarios

weak_data · normalized FCF $23.9M · quality 54.7/100

Data gap 31/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 30/100Data 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

55/100

C

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: 1unknown: 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. ROE is 1.2%, below the 5% threshold
Thesis & Journal · 1900.HKLocal privado en este navegador · China ITS (Holdings) Co., Ltd.
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

$447M

P/E

5.2x

↓

EV/EBITDA

2.5x

↓

ROE

1.2%

↓

Gross Margin

37.2%

↑

Debt/Equity

0.13

↓
52-Week Range$0
$0$0

TradingView lightweight chart

1900.HK price, volumen y niveles de valoración

Último $0.260Periodo -92.5%
Fair value: $0.260

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

+3.5%

FCF CAGR

—

FCF margin

-3.9%

FCF / Net income

-1.44x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $819.8M · net income $22.1M · FCF $-31.8M

2021-FY → 2024-FY

Gross margin

37.2%+1.1% pts

Operating margin

22.8%+6.6% pts

Net margin

2.7%-7.4% pts

FCF margin

-3.9%-48.1% pts
MetricTTM
2024
2023
2022
2021
Income Statement
Revenue$819.8M$819.8M$857.4M$714.4M$740.3M
Net Income$22.1M$22.1M$137.2M$48.5M$74.5M
EBITDA$141.9M$141.9M$269.2M$165.0M$216.7M
EPS0.010.010.080.030.05
Gross Margin37.2%37.2%38.7%36.3%36.1%
Operating Margin22.8%22.8%23.5%18.1%16.2%
Net Margin2.7%2.7%16.0%6.8%10.1%
Balance Sheet
Debt/Equity0.130.130.140.140.19
Current Ratio2.242.24———
Cash Flow
Free Cash Flow$-31.8M$-31.8M$221.3M$23.9M$327.7M
Returns
ROE1.2%1.2%7.1%2.7%4.2%
Valuation
P/E5.205.201.494.603.28
EV/EBITDA2.552.55-0.031.171.37
P/B0.240.240.100.130.15
Growth & Yield
Revenue Growth-4.4%-4.4%20.0%-3.5%—
EPS Growth-87.5%-87.5%166.7%-40.0%—

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

32.1%

muy exigente

EPS terminal req.

$0.02

Spread vs growth

-119.6%

5Y implied EPS CAGR

22.8%

exigente

EPS terminal req.

$0.03

Spread vs growth

-110.3%

10Y implied EPS CAGR

16.2%

exigente

EPS terminal req.

$0.04

Spread vs growth

-103.7%

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 +87.1%

Total return

+87.1%

Start / end P/E

1.7x → 26.0x

EPS bridge

0.08 → 0.01

Residual

-1221.9%

EPS growth-87.5%
Multiple rerating+1396.4%
Dividend+0.0%
Residual / FX / buybacks / cross-term-1221.9%

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.