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v0.1
6698.HK$0.89-2.20%
Fair $0.89+0.0%

6698.HK

Star CM Holdings Limited

Communication Services / EntertainmentHKSE

$0.89

-0.02 (-2.20%)

Fairly Valued+0.0%Fair Value $0.89Fund rank 27/100 · Data gapFallback financials|
SA 17/F
F-Score: 6/9
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 34% · confianza 18%

FCF escenarios

weak_data · normalized FCF $-26.4M · quality 47.0/100

Data gap 27/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 15/100Data 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

17/100

F

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: 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 -4.7%, below the 5% threshold
Thesis & Journal · 6698.HKLocal privado en este navegador · Star CM 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

$355M

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-4.7%

↓

Gross Margin

52.4%

↑

Debt/Equity

0.00

↓
52-Week Range$1
$1$2

TradingView lightweight chart

6698.HK price, volumen y niveles de valoración

Último $0.890Periodo -98.0%
Fair value: $0.890

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

-42.2%

FCF CAGR

—

FCF margin

-15.7%

FCF / Net income

0.22x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $168.3M · net income $-118.2M · FCF $-26.4M

2022-FY → 2025-FY

Gross margin

52.4%+20.2% pts

Operating margin

14.9%+0.3% pts

Net margin

-70.2%-80.2% pts

FCF margin

-15.7%-38.9% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$168.3M$168.3M$163.1M$426.6M$873.4M
Net Income$-118.2M$-118.2M$-232.5M$-1.60B$86.9M
EBITDA$-58.7M$-58.7M$-202.3M$-1.55B$145.5M
EPS-0.30-0.30-0.58-4.180.23
Gross Margin52.4%52.4%24.5%-13.9%32.2%
Operating Margin14.9%14.9%-39.8%-46.6%14.5%
Net Margin-70.2%-70.2%-142.5%-376.2%10.0%
Balance Sheet
Debt/Equity0.000.000.000.000.00
Current Ratio3.783.78———
Cash Flow
Free Cash Flow$-26.4M$-26.4M$-48.1M$10.8M$202.7M
Returns
ROE-4.7%-4.7%-8.8%-55.7%1.9%
Valuation
P/E————203.48
EV/EBITDA————119.41
P/B0.140.140.531.434.03
Growth & Yield
Revenue Growth3.1%3.1%-61.8%-51.2%—
EPS Growth48.3%48.3%86.1%-1917.4%—

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 -56.2%

Total return

-56.2%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.58 → -0.30

Residual

-56.2%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-56.2%

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.