0994 (0994) Fair Value & Analysis

Industrials · Market cap HK$413M

0 0994 0994 · HK

PriceHK$0.3150

Fair ValueHK$0.1200

Upside-61.9%

Quality42/100

Evidence: Low Range HK$0.1100 – HK$0.1300

Fair value as of: Jul 2, 2026

From 7 valuation models · updated today

Share price −16.0% over the past month.

Price vs Fair Value (12 months)

12‑month range HK$0.1540 – HK$0.4850 · fair‑value band HK$0.1100 – HK$0.1300 · the HK$0.3150 price screens above the HK$0.1200 fair value. As of Jul 2, 2026.

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Analysis

0994 (0994) currently trades at HK$0.3150, while our model-based Fair Value estimate is HK$0.1200 — implying the stock looks roughly 61.9% overvalued today. We read business quality at 42/100 (below-average quality), in the Industrials 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, 0994 generated revenue of HK$184M at a net margin of -17.9%. Revenue declined 89.7% year over year. It earns a return on equity of -26.6%. The balance sheet holds a net cash position of HK$101M. Fundamentals as of Jul 2, 2026

Key figures & financial health

Revenue (TTM) HK$184M

Revenue growth (YoY) -89.7%

Net margin -17.9%

Return on equity -26.6%

Free cash flow HK$4.3M FY2025

Operating margin -88.1%

More key figures

EPS (TTM) HK$-0.0100

EPS growth (YoY) -45.4%

Net cash HK$101M FY2025

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

0994 reported revenue of HK$184M in FY2025 versus HK$207M in FY2021, a compound −2.9%/yr. Reported net income was −HK$32.9M in FY2025.

Revenue −2.9%/yr

FY21 HK$207M

FY22 HK$213M

FY23 HK$346M

FY24 HK$558M

FY25 HK$184M

Net income

FY21 −HK$101M

FY22 −HK$88.4M

FY23 −HK$21.6M

FY24 −HK$23.8M

FY25 −HK$32.9M

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Similar stocks

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

Stock	Price	Fair Value	vs Fair Value
Larsen & Toubro Limited LTOD	$42.70	$34.33	-20%
Samsung C&T Corporation 028260	460,500 KRW	206,212 KRW	-55%
China State Construction Engineering Corporation 601668	¥4.72	¥16.90	+258%
China Energy Engineering Corporation 601868	¥2.65	¥2.14	-19%
TopBuild Corp BLD	7,547 MXN	4,541 MXN	-40%
Shandong Xinneng Taishan Power Generation Co 000720	127,800 KRW	55,602 KRW	-56%

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Frequently asked questions

Is 0994 (0994) undervalued?

As of Jul 2, 2026, our model estimates a fair value of HK$0.1200 versus a price of HK$0.3150 — about −62% (overvalued). Model-based estimate, not financial advice.

What is the fair value of 0994?

Our model-based fair value for 0994 is HK$0.1200 (as of Jul 2, 2026), built from audited fundamentals. The current price is HK$0.3150.

What is the quality score of 0994?

0994 has a Quality Score of 42/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

What is the revenue of 0994 (0994)?

0994 reported trailing-twelve-month revenue of about HK$184M (latest available figure, as of Jul 2, 2026).

What is the net profit margin of 0994?

The net profit margin of 0994 is about -17.9%, 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.