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0023 (0023) Fair Value & Analysis

Financial Services · Market cap HK$33.1B

0 0023 0023 · HK
PriceHK$12.53
Fair ValueHK$17.21
Upside+37.4%
Quality59/100
Evidence: High Range HK$12.91 – HK$21.52

Fair value as of: Jul 1, 2026

From 26 valuation models · updated today

Share price −8.1% over the past month.

Price vs Fair Value (12 months)

HK$15.79 HK$10.85 Fair Value HK$17.21 Jun 2025 Jun 2026

12‑month range HK$10.85 – HK$15.79 · fair‑value band HK$12.91 – HK$21.52 · the HK$12.53 price screens below the HK$17.21 fair value. As of Jul 1, 2026.

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Analysis

0023 (0023) currently trades at HK$12.53, while our model-based Fair Value estimate is HK$17.21 — implying the stock looks roughly 37.4% undervalued today. We read business quality at 59/100 (solid quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, 0023 generated revenue of HK$15.4B at a net margin of 22.8%. Revenue declined 3.4% year over year. It earns a return on equity of 3.3%. The balance sheet holds a net cash position of HK$24.6B. Fundamentals as of Jul 1, 2026

Key figures & financial health

Revenue (TTM) HK$15.4B
Revenue growth (YoY) -3.4%
Net margin 22.8%
Return on equity 3.3%
Free cash flow HK$6.5B FY2025
P/E ratio 10.4
More key figures
Operating margin 34.6%
EPS (TTM) HK$0.8600
Dividend yield 4.8%
EPS growth (YoY) -57.7%
Net cash HK$24.6B FY2025

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

0023 reported revenue of HK$37.6B in FY2025 versus HK$23.9B in FY2021, a compound +12.0%/yr. Reported net income was HK$3.5B in FY2025, compounding −9.7%/yr from FY2021.

Revenue +12.0%/yr
FY21 HK$23.9B
FY22 HK$29.7B
FY23 HK$14.5B
FY24 HK$15.4B
FY25 HK$37.6B
Net income −9.7%/yr
FY21 HK$5.3B
FY22 HK$4.4B
FY23 HK$4.1B
FY24 HK$4.6B
FY25 HK$3.5B

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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 Banks - Regional stocks, each showing price versus our Fair Value estimate (as of Jul 1, 2026).

Stock Price Fair Value vs Fair Value
HDFC Bank Limited HDFCBANK ₹746.85 ₹880.28 +18%
PT Bank Central Asia Tbk BBCA 4,850 IDR 5,562 IDR +15%
PT Bank Rakyat Indonesia (Persero) Tbk BBRI 2,870 IDR 5,740 IDR +100%
Banco Bradesco S.A BBD 5,120 ARS 10,240 ARS +100%
KB Financial Group 105560 157,000 KRW 205,701 KRW +31%
PT Bank Mandiri (Persero) Tbk BMRI 4,260 IDR 8,520 IDR +100%

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Frequently asked questions

Is 0023 (0023) undervalued?
As of Jul 1, 2026, our model estimates a fair value of HK$17.21 versus a price of HK$12.53 — about +37% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 0023?
Our model-based fair value for 0023 is HK$17.21 (as of Jul 1, 2026), built from audited fundamentals. The current price is HK$12.53.
What is the quality score of 0023?
0023 has a Quality Score of 59/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of 0023 (0023)?
0023 reported trailing-twelve-month revenue of about HK$15.4B (latest available figure, as of Jul 1, 2026).
What is the net profit margin of 0023?
The net profit margin of 0023 is about 22.8%, meaning it keeps roughly 22.8% of revenue as net income. Based on the latest reported figures.
Does 0023 pay a dividend?
0023 currently shows a dividend yield of about 4.78% 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.