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0296 (0296) Fair Value & Analysis

Consumer Cyclical · Market cap HK$232M

0 0296 0296 · HK
PriceHK$0.1950
Fair ValueHK$1.09
Upside+459.0%
Quality54/100
Evidence: Low Range HK$0.9200 – HK$1.26

Fair value as of: Jul 1, 2026

From 15 valuation models · updated today

Share price −9.3% over the past month.

Price vs Fair Value (12 months)

HK$0.2900 HK$0.1820 Fair Value HK$1.09 Jun 2025 Jun 2026

12‑month range HK$0.1820 – HK$0.2900 · fair‑value band HK$0.9200 – HK$1.26 · the HK$0.1950 price screens below the HK$1.09 fair value. As of Jul 1, 2026.

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Analysis

0296 (0296) currently trades at HK$0.1950, while our model-based Fair Value estimate is HK$1.09 — implying the stock looks roughly 459.0% undervalued today. We read business quality at 54/100 (solid quality), in the Consumer Cyclical 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: low) — always confirm before acting.

Over the trailing twelve months, 0296 generated revenue of HK$765M at a net margin of -8.9%. Revenue declined 17.7% year over year. It earns a return on equity of -2.2%. The balance sheet holds a net cash position of HK$499M. Fundamentals as of Jul 1, 2026

Key figures & financial health

Revenue (TTM) HK$765M
Revenue growth (YoY) -17.7%
Net margin -8.9%
Return on equity -2.2%
Free cash flow HK$161M FY2025
Operating margin -6.6%
More key figures
EPS (TTM) HK$-0.0600
EPS growth (YoY) -14.6%
Net cash HK$499M FY2025

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

0296 reported revenue of HK$837M in FY2025 versus HK$302M in FY2021, a compound +29.0%/yr. Reported net income was −HK$189M in FY2025.

Revenue +29.0%/yr
FY21 HK$302M
FY22 HK$416M
FY23 HK$291M
FY24 HK$789M
FY25 HK$837M
Net income
FY21 −HK$178M
FY22 −HK$528M
FY23 −HK$98.2M
FY24 HK$60.9M
FY25 −HK$189M

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6 more Resorts & Casinos stocks, each showing price versus our Fair Value estimate (as of Jul 1, 2026).

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0027 0027 HK$29.42 HK$41.44 +41%
Sands China Ltd SCHYF $1.80 $2.18 +21%
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Wynn Resorts, Limited WYNN $105.26 $28.17 -73%

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Frequently asked questions

Is 0296 (0296) undervalued?
As of Jul 1, 2026, our model estimates a fair value of HK$1.09 versus a price of HK$0.1950 — about +459% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 0296?
Our model-based fair value for 0296 is HK$1.09 (as of Jul 1, 2026), built from audited fundamentals. The current price is HK$0.1950.
What is the quality score of 0296?
0296 has a Quality Score of 54/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of 0296 (0296)?
0296 reported trailing-twelve-month revenue of about HK$765M (latest available figure, as of Jul 1, 2026).
What is the net profit margin of 0296?
The net profit margin of 0296 is about -8.9%, meaning it is currently running at a net loss. 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.