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6633.HK$2.50+0.00%
Fair $2.50+0.0%

6633.HK

Qingci Games Inc.

Communication Services / Electronic Gaming & MultimediaHKSE

$2.50

+0.00 (+0.00%)

Fairly Valued+0.0%Fair Value $2.50Fund rank 25/100 · Data gapFallback financials|
SA 35/D
F-Score: 5/9
Margin CompressionLow 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 $-6.8M · 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 13/100Data 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

35/100

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: 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. Operating margin has declined for 3 consecutive years ROE is 2.8%, below the 5% threshold
Thesis & Journal · 6633.HKLocal privado en este navegador · Qingci Games Inc.
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

$1.7B

P/E

11.9x

↓

EV/EBITDA

20.4x

↑

ROE

2.8%

↓

Gross Margin

57.8%

↑

Debt/Equity

0.02

↓
52-Week Range$3
$1$4

TradingView lightweight chart

6633.HK price, volumen y niveles de valoración

Último $2.500Periodo -76.6%
Fair value: $2.500

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

-17.2%

FCF CAGR

-70.2%

FCF margin

0.8%

FCF / Net income

0.10x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $628.0M · net income $51.1M · FCF $5.1M

2021-FY → 2024-FY

Gross margin

57.8%-15.7% pts

Operating margin

-2.5%-33.4% pts

Net margin

8.1%+41.3% pts

FCF margin

0.8%-16.7% pts
MetricTTM
2024
2023
2022
2021
Income Statement
Revenue$628.0M$628.0M$905.7M$630.4M$1.11B
Net Income$51.1M$51.1M$-37.4M$50.3M$-367.2M
EBITDA$64.6M$64.6M$-8.7M$94.6M$-394.2M
EPS0.070.07-0.050.07-0.96
Gross Margin57.8%57.8%61.6%67.0%73.5%
Operating Margin-2.5%-2.5%-1.4%5.3%30.9%
Net Margin8.1%8.1%-4.1%8.0%-33.2%
Balance Sheet
Debt/Equity0.020.020.030.020.02
Current Ratio12.0812.08———
Cash Flow
Free Cash Flow$5.1M$5.1M$-6.8M$-34.6M$194.0M
Returns
ROE2.8%2.8%-2.1%2.9%-22.3%
Valuation
P/E11.9011.90—73.57—
EV/EBITDA20.4120.41—27.33—
P/B0.950.951.682.022.64
Growth & Yield
Revenue Growth-30.7%-30.7%43.7%-43.0%—
EPS Growth240.0%240.0%-171.4%107.3%—

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

46.9%

muy exigente

EPS terminal req.

$0.22

Spread vs growth

193.1%

5Y implied EPS CAGR

30.8%

muy exigente

EPS terminal req.

$0.27

Spread vs growth

209.2%

10Y implied EPS CAGR

20.0%

exigente

EPS terminal req.

$0.43

Spread vs growth

220.0%

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 · 1Y approxreconcilia total -2.3%

Total return

-2.3%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.05 → 0.07

Residual

-2.3%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-2.3%

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.