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9933.HK$1.61+0.00%
Fair $1.61+0.0%

9933.HK

GHW International

Basic Materials / ChemicalsHKSE

$1.61

+0.00 (+0.00%)

Fairly Valued+0.0%Fair Value $1.61Fund rank 20/100 · Data gapFallback financials|
SA 23/D
F-Score: 5/9
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 14%

FCF escenarios

weak_data · normalized FCF $-19.8M · quality 25.7/100

Data gap 20/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 6/100Data 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

23/100

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: 1unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific commodity mid-cycle model required: targets are disabled until normalized cycle price/cost-curve/reserve data exists. ROE is 2.1%, below the 5% threshold
Thesis & Journal · 9933.HKLocal privado en este navegador · GHW International
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

$1.5B

P/E

161.0x

↑

EV/EBITDA

41.2x

↑

ROE

2.1%

↑

Gross Margin

8.8%

↓

Debt/Equity

1.37

↑
52-Week Range$2
$1$3

TradingView lightweight chart

9933.HK price, volumen y niveles de valoración

Último $1.610Periodo +360.0%
Fair value: $1.610

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

+6.8%

FCF CAGR

—

FCF margin

2.3%

FCF / Net income

7.49x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $4.11B · net income $12.7M · FCF $95.3M

2022-FY → 2025-FY

Gross margin

8.8%-10.7% pts

Operating margin

1.1%-8.8% pts

Net margin

0.3%-7.8% pts

FCF margin

2.3%+3.8% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$4.11B$4.11B$3.86B$3.22B$3.38B
Net Income$12.7M$12.7M$12.8M$2.7M$274.6M
EBITDA$54.1M$54.1M$52.5M$32.4M$356.7M
EPS——0.010.000.27
Gross Margin8.8%8.8%10.1%10.5%19.5%
Operating Margin1.1%1.1%1.5%0.7%9.8%
Net Margin0.3%0.3%0.3%0.1%8.1%
Balance Sheet
Debt/Equity1.371.371.471.241.10
Current Ratio0.930.93———
Cash Flow
Free Cash Flow$95.3M$95.3M$-95.6M$-19.8M$-50.3M
Returns
ROE2.1%2.1%2.2%0.5%45.6%
Valuation
P/E161.00161.00189.49240.001.49
EV/EBITDA41.1641.1660.5541.422.72
P/B2.542.544.131.210.68
Growth & Yield
Revenue Growth6.5%6.5%20.0%-4.8%—
EPS Growth——350.3%-98.9%—

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 -10.6%

Total return

-10.6%

Start / end P/E

n/dx → n/dx

EPS bridge

0.01 → n/d

Residual

-10.6%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-10.6%

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.