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2685.HK$10.34-0.29%
Fair $10.34+0.0%

2685.HK

Quantgroup Holding Limited

Consumer Cyclical / Internet RetailHKSE

$10.34

-0.03 (-0.29%)

Fairly Valued+0.0%Fair Value $10.34Fund rank 30/100 · Data gapFallback financials|
SA 49/C
F-Score: 3/9

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 20%

FCF escenarios

weak_data · normalized FCF $103.3M · quality 53.0/100

Data gap 30/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 24/100Data 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

49/100

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: 0unknown: 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.
Thesis & Journal · 2685.HKLocal privado en este navegador · Quantgroup Holding 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

$5.3B

P/E

23.0x

↑

EV/EBITDA

8.5x

↓

ROE

15.0%

↑

Gross Margin

95.4%

↑

Debt/Equity

0.06

↓
52-Week Range$10
$10$43

TradingView lightweight chart

2685.HK price, volumen y niveles de valoración

Último $10.34Periodo -44.1%
Fair value: $10.34

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

+29.6%

FCF CAGR

—

FCF margin

10.0%

FCF / Net income

0.53x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.03B · net income $195.1M · FCF $103.3M

2022-FY → 2025-FY

Gross margin

95.4%+29.6% pts

Operating margin

46.7%+22.3% pts

Net margin

18.9%+18.9% pts

FCF margin

10.0%+16.3% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.03B$1.03B$993.0M$529.7M$475.3M
Net Income$195.1M$195.1M$147.1M$3.6M$-281000.00
EBITDA$267.9M$267.9M$201.8M$11.3M$11.3M
EPS0.390.390.140.01-0.00
Gross Margin95.4%95.4%96.9%69.4%65.8%
Operating Margin46.7%46.7%34.2%28.9%24.4%
Net Margin18.9%18.9%14.8%0.7%-0.1%
Balance Sheet
Debt/Equity0.060.06-0.05-0.04-0.00
Current Ratio5.675.67———
Cash Flow
Free Cash Flow$103.3M$103.3M$205.6M$-16.4M$-30.0M
Returns
ROE15.0%15.0%-16.2%-0.3%0.0%
Valuation
P/E22.9822.98———
EV/EBITDA8.528.52———
P/B2.092.09———
Growth & Yield
Revenue Growth4.2%4.2%87.5%11.4%—
EPS Growth186.5%186.5%1814.9%1397.4%—

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

33.1%

muy exigente

EPS terminal req.

$0.92

Spread vs growth

153.4%

5Y implied EPS CAGR

23.3%

exigente

EPS terminal req.

$1.11

Spread vs growth

163.1%

10Y implied EPS CAGR

16.5%

exigente

EPS terminal req.

$1.79

Spread vs growth

170.0%

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 · available periodreconcilia total -44.1%

Total return

-44.1%

Start / end P/E

136.1x → 26.6x

EPS bridge

0.14 → 0.39

Residual

-150.1%

EPS growth+186.5%
Multiple rerating-80.5%
Dividend+0.0%
Residual / FX / buybacks / cross-term-150.1%

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.