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3389.HK$0.27-8.47%
Fair $0.27+0.0%

3389.HK

Hengdeli Holdings Limited

Industrials / ConglomeratesHKSE

$0.27

-0.02 (-8.47%)

Fairly Valued+0.0%Fair Value $0.27Fund rank 25/100 · Data gapFallback financials|
SA 48/C
F-Score: 6/9
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 18%

FCF escenarios

weak_data · normalized FCF $-125.7M · quality 43.7/100

Data gap 25/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 8/100Data 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

48/100

C

Piotroski

6/9

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 -0.9%, below the 5% threshold
Thesis & Journal · 3389.HKLocal privado en este navegador · Hengdeli 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

$1.2B

P/E

N/A

•

EV/EBITDA

0.8x

↓

ROE

-0.9%

↓

Gross Margin

25.2%

↑

Debt/Equity

0.02

↓
52-Week Range$0
$0$0

TradingView lightweight chart

3389.HK price, volumen y niveles de valoración

Último $0.270Periodo -43.2%
Fair value: $0.270

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

-14.5%

FCF CAGR

-14.6%

FCF margin

17.0%

FCF / Net income

-4.11x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $649.0M · net income $-26.9M · FCF $110.5M

2022-FY → 2025-FY

Gross margin

25.2%+13.3% pts

Operating margin

-10.2%-4.2% pts

Net margin

-4.1%+3.6% pts

FCF margin

17.0%-0.1% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$649.0M$649.0M$1.04B$1.42B$1.04B
Net Income$-26.9M$-26.9M$-65.2M$33.9M$-80.0M
EBITDA$35.1M$35.1M$24.3M$90.3M$19.6M
EPS-0.01-0.01-0.010.01-0.02
Gross Margin25.2%25.2%14.3%15.1%11.9%
Operating Margin-10.2%-10.2%-9.7%-1.2%-6.0%
Net Margin-4.1%-4.1%-6.2%2.4%-7.7%
Balance Sheet
Debt/Equity0.020.020.030.040.03
Current Ratio9.109.10———
Cash Flow
Free Cash Flow$110.5M$110.5M$-125.7M$-132.6M$177.6M
Returns
ROE-0.9%-0.9%-2.0%1.1%-2.5%
Valuation
P/E———17.37—
EV/EBITDA0.790.79-12.33-2.825.24
P/B0.390.390.170.190.33
Growth & Yield
Revenue Growth-37.8%-37.8%-26.6%36.8%—
EPS Growth60.0%60.0%-287.5%144.4%—

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

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
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 +181.3%

Total return

+181.3%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.01 → -0.01

Residual

+181.3%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+181.3%

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.