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2288.HK$0.17+8.50%
Fair $0.17+0.0%

2288.HK

Rykadan Capital Limited

Real Estate / Real Estate - DevelopmentHKSE

$0.17

+0.01 (+8.50%)

Fairly Valued+0.0%Fair Value $0.17Fund rank 27/100 · Data gapFallback financials|
SA 25/D
F-Score: 5/9
Low 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 27/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 14/100Data 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

25/100

D

Piotroski

5/9

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 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. ROE is -48.6%, below the 5% threshold
Thesis & Journal · 2288.HKLocal privado en este navegador · Rykadan Capital 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

$62M

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-48.6%

↓

Gross Margin

11.1%

↓

Debt/Equity

0.29

↓
52-Week Range$0
$0$0

TradingView lightweight chart

2288.HK price, volumen y niveles de valoración

Último $0.166Periodo -95.7%
Fair value: $0.166

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

-5.0%

FCF CAGR

—

FCF margin

19.5%

FCF / Net income

-0.05x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $74.5M · net income $-281.4M · FCF $14.5M

2022-FY → 2025-FY

Gross margin

11.1%-1.7% pts

Operating margin

-45.9%-28.7% pts

Net margin

-377.9%-337.8% pts

FCF margin

19.5%+36.9% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$74.5M$74.5M$103.3M$87.7M$86.9M
Net Income$-281.4M$-281.4M$-173.9M$-189.3M$-34.9M
EBITDA$-211.7M$-211.7M$-149.6M$-177.5M$-31.2M
EPS-0.75-0.75-0.46-0.50-0.09
Gross Margin11.1%11.1%-27.3%2.9%12.8%
Operating Margin-45.9%-45.9%-66.5%-36.9%-17.1%
Net Margin-377.9%-377.9%-168.3%-215.9%-40.1%
Balance Sheet
Debt/Equity0.290.290.320.300.27
Current Ratio7.127.12———
Cash Flow
Free Cash Flow$14.5M$14.5M$-158000.00$-88.2M$-15.1M
Returns
ROE-48.6%-48.6%-20.2%-18.3%-2.8%
Valuation
P/B0.110.110.070.130.16
Growth & Yield
Revenue Growth-28.0%-28.0%17.8%0.9%—
EPS Growth-61.8%-61.8%8.1%-441.9%—

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 +1.8%

Total return

+1.8%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.46 → -0.75

Residual

+1.8%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+1.8%

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.