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v0.1
9689.HK$0.73-9.88%
Fair $0.73+0.0%

9689.HK

JTF International Holdings Limited

Energy / Oil & Gas Refining & MarketingHKSE

$0.73

-0.08 (-9.88%)

Fairly Valued+0.0%Fair Value $0.73Fund rank 22/100 · Data gapFallback financials|
SA 33/D
F-Score: 4/9
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 16%

FCF escenarios

weak_data · normalized FCF $82.5M · quality 33.7/100

Data gap 22/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 9/100Data 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

33/100

D

Piotroski

4/9

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 -2.5%, below the 5% threshold
Thesis & Journal · 9689.HKLocal privado en este navegador · JTF International 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

$679M

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-2.5%

↓

Gross Margin

1.6%

↓

Debt/Equity

0.75

↑
52-Week Range$1
$0$1

TradingView lightweight chart

9689.HK price, volumen y niveles de valoración

Último $0.730Periodo +25.9%
Fair value: $0.730

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

-8.1%

FCF CAGR

+45.3%

FCF margin

25.3%

FCF / Net income

-28.73x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.19B · net income $-10.5M · FCF $301.0M

2022-FY → 2025-FY

Gross margin

1.6%-3.1% pts

Operating margin

-0.5%-3.7% pts

Net margin

-0.9%-2.9% pts

FCF margin

25.3%+18.9% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.19B$1.19B$1.12B$1.24B$1.53B
Net Income$-10.5M$-10.5M$-8.8M$-1.5M$31.7M
EBITDA$-9.3M$-9.3M$-9.2M$7.4M$50.9M
EPS——-0.01-0.000.03
Gross Margin1.6%1.6%1.1%4.7%4.8%
Operating Margin-0.5%-0.5%-1.1%1.5%3.2%
Net Margin-0.9%-0.9%-0.8%-0.1%2.1%
Balance Sheet
Debt/Equity0.750.750.010.010.01
Current Ratio2.202.20———
Cash Flow
Free Cash Flow$301.0M$301.0M$-172.0M$82.5M$98.0M
Returns
ROE-2.5%-2.5%-2.1%-0.3%7.6%
Valuation
P/E————16.47
EV/EBITDA———39.228.24
P/B1.651.650.751.101.24
Growth & Yield
Revenue Growth6.4%6.4%-9.7%-19.2%—
EPS Growth——-400.0%-105.9%—

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 +165.5%

Total return

+165.5%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.01 → n/d

Residual

+165.5%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+165.5%

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.