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0206 (0206) Fair Value & Analysis

Energy · Market cap HK$857M

0 0206 0206 · HK
PriceHK$0.2700
Fair ValueHK$0.1600
Upside-40.7%
Quality60/100
Evidence: High Range HK$0.1600 – HK$0.1600

Fair value as of: Jul 1, 2026

From 25 valuation models · updated today

Share price −31.6% over the past month.

Price vs Fair Value (12 months)

HK$0.6200 HK$0.2180 Fair Value HK$0.1600 Jun 2025 Jun 2026

12‑month range HK$0.2180 – HK$0.6200 · the HK$0.2700 price screens above the HK$0.1600 fair value. As of Jul 1, 2026.

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Analysis

0206 (0206) currently trades at HK$0.2700, while our model-based Fair Value estimate is HK$0.1600 — implying the stock looks roughly 40.7% overvalued today. We read business quality at 60/100 (solid quality), in the Energy 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, 0206 generated revenue of HK$135M at a net margin of 1.2%. Revenue declined 18.4% year over year. It earns a return on equity of 1.0%. The balance sheet holds a net cash position of HK$101M. Fundamentals as of Jul 1, 2026

Key figures & financial health

Revenue (TTM) HK$135M
Revenue growth (YoY) -18.4%
Net margin 1.2%
Return on equity 1.0%
Free cash flow HK$82.0M FY2025
Operating margin 1.6%
More key figures
EPS growth (YoY) -43.1%
Net cash HK$101M FY2025

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

0206 reported revenue of HK$135M in FY2025 versus HK$57.0M in FY2021, a compound +24.1%/yr. Reported net income was HK$1.6M in FY2025, compounding −35.7%/yr from FY2021.

Revenue +24.1%/yr
FY21 HK$57.0M
FY22 HK$113M
FY23 HK$181M
FY24 HK$167M
FY25 HK$135M
Net income −35.7%/yr
FY21 HK$9.2M
FY22 HK$25.9M
FY23 HK$9.5M
FY24 HK$9.2M
FY25 HK$1.6M

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Similar stocks

6 more Oil & Gas Equipment & Services stocks, each showing price versus our Fair Value estimate (as of Jul 1, 2026).

Stock Price Fair Value vs Fair Value
SLB N.V SLBN 993.35 MXN 30.75 MXN -97%
Baker Hughes Company BKR $59.15 $33.55 -43%
Halliburton Company HAL $35.17 $21.50 -39%
Tenaris S.A T1SS34 R$162.40 R$108.11 -33%
TechnipFMC plc FTI $69.01 $29.89 -57%
Yantai Jereh Oilfield Services Group 002353 ¥151.38 ¥56.22 -63%

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Frequently asked questions

Is 0206 (0206) undervalued?
As of Jul 1, 2026, our model estimates a fair value of HK$0.1600 versus a price of HK$0.2700 — about −41% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 0206?
Our model-based fair value for 0206 is HK$0.1600 (as of Jul 1, 2026), built from audited fundamentals. The current price is HK$0.2700.
What is the quality score of 0206?
0206 has a Quality Score of 60/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of 0206 (0206)?
0206 reported trailing-twelve-month revenue of about HK$135M (latest available figure, as of Jul 1, 2026).
What is the net profit margin of 0206?
The net profit margin of 0206 is about 1.2%, meaning it keeps roughly 1.2% of revenue as net income. Based on the latest reported figures.

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.