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0650 (0650) Fair Value & Analysis

Technology · Market cap HK$2.4B

0 0650 0650 · HK
PriceHK$0.3300
Fair ValueHK$0.0400
Upside-87.9%
Quality55/100
Evidence: Low Range HK$0.0200 – HK$0.0500

Fair value as of: Jul 2, 2026

From 1 valuation models · updated today

Share price −29.0% over the past month.

Price vs Fair Value (12 months)

HK$0.8300 HK$0.1740 Fair Value HK$0.0400 Jun 2025 Jun 2026

12‑month range HK$0.1740 – HK$0.8300 · fair‑value band HK$0.0200 – HK$0.0500 · the HK$0.3300 price screens above the HK$0.0400 fair value. As of Jul 2, 2026.

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Analysis

0650 (0650) currently trades at HK$0.3300, while our model-based Fair Value estimate is HK$0.0400 — implying the stock looks roughly 87.9% overvalued today. We read business quality at 55/100 (solid quality), in the Technology 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: low).

Over the trailing twelve months, 0650 generated revenue of HK$217M at a net margin of -91.4%. Revenue grew 19.0% year over year. It earns a return on equity of -15.6%. The balance sheet holds a net cash position of HK$40.7M. Fundamentals as of Jul 2, 2026

Key figures & financial health

Revenue (TTM) HK$217M
Revenue growth (YoY) +19.0%
Net margin -91.4%
Return on equity -15.6%
Free cash flow −HK$184M FY2025
Operating margin -94.0%
More key figures
EPS (TTM) HK$-0.0300
EPS growth (YoY) -93.7%
Net cash HK$40.7M FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 2, 2026. TTM = trailing twelve months.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

0650 reported revenue of HK$254M in FY2026 versus −HK$190M in FY2022. Reported net income was −HK$198M in FY2026.

Revenue
FY22 −HK$190M
FY23 HK$554M
FY24 HK$544M
FY25 HK$279M
FY26 HK$254M
Net income
FY22 −HK$495M
FY23 −HK$223M
FY24 −HK$347M
FY25 −HK$304M
FY26 −HK$198M

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Similar stocks

6 more Semiconductor Equipment & Materials stocks, each showing price versus our Fair Value estimate (as of Jul 2, 2026).

Stock Price Fair Value vs Fair Value
ASML Holding ASMLF $1,786 $501.77 -72%
Applied Materials, Inc AMAT C$66.36 C$11.29 -83%
Lam Research Corporation LRCX $303.28 $101.48 -67%
KLA Corporation KLAC $2,136 $742.75 -65%
Tokyo Electron Limited TOELF $443.58 $117.43 -74%
Advantest Corporation ATEYY $201.79 $81.62 -60%

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Frequently asked questions

Is 0650 (0650) undervalued?
As of Jul 2, 2026, our model estimates a fair value of HK$0.0400 versus a price of HK$0.3300 — about −88% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 0650?
Our model-based fair value for 0650 is HK$0.0400 (as of Jul 2, 2026), built from audited fundamentals. The current price is HK$0.3300.
What is the quality score of 0650?
0650 has a Quality Score of 55/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of 0650 (0650)?
0650 reported trailing-twelve-month revenue of about HK$217M (latest available figure, as of Jul 2, 2026).
What is the net profit margin of 0650?
The net profit margin of 0650 is about -91.4%, 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.