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0002 (0002) Fair Value & Analysis

Utilities · Market cap HK$185B

0 0002 0002 · HK
PriceHK$73.20
Fair ValueHK$43.69
Upside-40.3%
Quality60/100
Evidence: High Range HK$38.77 – HK$73.77

Fair value as of: Jul 1, 2026

From 24 valuation models · updated today

Share price −3.5% over the past month.

Price vs Fair Value (12 months)

HK$76.45 HK$62.01 Fair Value HK$43.69 Jun 2025 Jun 2026

12‑month range HK$62.01 – HK$76.45 · fair‑value band HK$38.77 – HK$73.77 · the HK$73.20 price screens above the HK$43.69 fair value. As of Jul 1, 2026.

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Analysis

0002 (0002) currently trades at HK$73.20, while our model-based Fair Value estimate is HK$43.69 — implying the stock looks roughly 40.3% overvalued today. We read business quality at 60/100 (solid quality), in the Utilities sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, 0002 generated revenue of HK$88.0B at a net margin of 12.1%. Revenue declined 3.7% year over year. It earns a return on equity of 10.2%. Net debt stands at HK$62.8B. Fundamentals as of Jul 1, 2026

Key figures & financial health

Revenue (TTM) HK$88.0B
Revenue growth (YoY) -3.7%
Net margin 12.1%
Return on equity 10.2%
Free cash flow HK$7.6B FY2025
P/E ratio 17.7
More key figures
Operating margin 14.8%
EPS (TTM) HK$2.23
Dividend yield 4.3%
EPS growth (YoY) -16.4%
Net debt HK$62.8B FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 1, 2026. TTM = trailing twelve months.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

0002 reported revenue of HK$88.0B in FY2025 versus HK$84.0B in FY2021, a compound +1.2%/yr. Reported net income was HK$10.7B in FY2025, compounding +5.4%/yr from FY2021.

Revenue +1.2%/yr
FY21 HK$84.0B
FY22 HK$101B
FY23 HK$87.2B
FY24 HK$91.0B
FY25 HK$88.0B
Net income +5.4%/yr
FY21 HK$8.6B
FY22 HK$1.1B
FY23 HK$6.8B
FY24 HK$11.9B
FY25 HK$10.7B

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Recent news

External third-party headlines (Yahoo Finance, Reuters and others) — not an editorial selection, not financial advice.

Similar stocks

6 more Utilities - Regulated Electric stocks, each showing price versus our Fair Value estimate (as of Jul 1, 2026).

Stock Price Fair Value vs Fair Value
NextEra Energy, Inc NEE $86.08 $30.24 -65%
The Southern Company SO $94.02 $40.76 -57%
Duke Energy Corporation DUK $121.82 $63.83 -48%
National Grid plc NGG 61,175 ARS 43,418 ARS -29%
American Electric Power Company A1EP34 R$333.63 R$185.68 -44%
Dominion Energy, Inc D $68.04 $38.74 -43%

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Frequently asked questions

Is 0002 (0002) undervalued?
As of Jul 1, 2026, our model estimates a fair value of HK$43.69 versus a price of HK$73.20 — about −40% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 0002?
Our model-based fair value for 0002 is HK$43.69 (as of Jul 1, 2026), built from audited fundamentals. The current price is HK$73.20.
What is the quality score of 0002?
0002 has a Quality Score of 60/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of 0002 (0002)?
0002 reported trailing-twelve-month revenue of about HK$88.0B (latest available figure, as of Jul 1, 2026).
What is the net profit margin of 0002?
The net profit margin of 0002 is about 12.1%, meaning it keeps roughly 12.1% of revenue as net income. Based on the latest reported figures.
Does 0002 pay a dividend?
0002 currently shows a dividend yield of about 4.33% relative to its recent price (as of Jul 1, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.