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9936.HK$21.52+8.03%
Fair $21.52+0.0%

9936.HK

Ximei Resources Holding Limited

Basic Materials / Specialty ChemicalsHKSE

$21.52

+1.60 (+8.03%)

Fairly Valued+0.0%Fair Value $21.52Fund rank 22/100 · Data gapFallback financials|
SA 58/C
F-Score: 2/9

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 17%

FCF escenarios

weak_data · normalized FCF $-196.7M · quality 38.3/100

Data gap 22/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 7/100Data 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

58/100

C

Piotroski

2/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 0unknown: 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.
Thesis & Journal · 9936.HKLocal privado en este navegador · Ximei Resources Holding 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

$8.2B

P/E

38.4x

↑

EV/EBITDA

30.5x

↑

ROE

12.1%

↑

Gross Margin

20.9%

↑

Debt/Equity

0.90

↑
52-Week Range$22
$3$23

TradingView lightweight chart

9936.HK price, volumen y niveles de valoración

Último $21.52Periodo +960.1%
Fair value: $21.52

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

+30.0%

FCF CAGR

—

FCF margin

-8.8%

FCF / Net income

-1.15x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $2.24B · net income $171.6M · FCF $-196.7M

2022-FY → 2025-FY

Gross margin

20.9%-9.1% pts

Operating margin

11.0%-3.5% pts

Net margin

7.7%-2.6% pts

FCF margin

-8.8%+14.9% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$2.24B$2.24B$1.82B$1.40B$1.02B
Net Income$171.6M$171.6M$124.2M$87.1M$104.7M
EBITDA$281.4M$281.4M$234.6M$184.7M$168.4M
EPS0.480.480.350.240.32
Gross Margin20.9%20.9%21.8%22.1%30.0%
Operating Margin11.0%11.0%10.9%10.6%14.5%
Net Margin7.7%7.7%6.8%6.2%10.3%
Balance Sheet
Debt/Equity0.900.900.520.640.55
Current Ratio1.971.97———
Cash Flow
Free Cash Flow$-196.7M$-196.7M$97.7M$-310.8M$-240.9M
Returns
ROE12.1%12.1%10.5%8.5%11.1%
Valuation
P/E38.4338.438.6015.0812.97
EV/EBITDA30.4830.486.419.989.16
P/B5.485.480.921.261.44
Growth & Yield
Revenue Growth23.0%23.0%29.9%37.6%—
EPS Growth37.1%37.1%45.8%-25.0%—
Dividend Yield0.3%0.3%———

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

58.5%

muy exigente

EPS terminal req.

$1.91

Spread vs growth

-21.3%

5Y implied EPS CAGR

36.9%

muy exigente

EPS terminal req.

$2.31

Spread vs growth

0.2%

10Y implied EPS CAGR

22.7%

exigente

EPS terminal req.

$3.72

Spread vs growth

14.4%

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 +494.8%

Total return

+494.8%

Start / end P/E

10.3x → 44.8x

EPS bridge

0.35 → 0.48

Residual

+123.9%

EPS growth+37.1%
Multiple rerating+333.5%
Dividend+0.3%
Residual / FX / buybacks / cross-term+123.9%

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.