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1183 (1183) Fair Value & Analysis

Basic Materials · Market cap HK$541M

1 1183 1183 · HK
PriceHK$0.1410
Fair ValueHK$0.0700
Upside-50.4%
Quality61/100
Evidence: Medium Range HK$0.0700 – HK$0.1000

Fair value as of: Jul 2, 2026

From 24 valuation models · updated today

Share price −9.6% over the past month.

Price vs Fair Value (12 months)

HK$0.2080 HK$0.1110 Fair Value HK$0.0700 Jun 2025 Jun 2026

12‑month range HK$0.1110 – HK$0.2080 · fair‑value band HK$0.0700 – HK$0.1000 · the HK$0.1410 price screens above the HK$0.0700 fair value. As of Jul 2, 2026.

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Analysis

1183 (1183) currently trades at HK$0.1410, while our model-based Fair Value estimate is HK$0.0700 — implying the stock looks roughly 50.4% overvalued today. We read business quality at 61/100 (solid quality), in the Basic Materials 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: medium).

Over the trailing twelve months, 1183 generated revenue of HK$1.6B at a net margin of 0.8%. Revenue grew 37.7% year over year. It earns a return on equity of 4.2%. Net debt stands at HK$132M. Fundamentals as of Jul 2, 2026

Key figures & financial health

Revenue (TTM) HK$1.6B
Revenue growth (YoY) +37.7%
Net margin 0.8%
Return on equity 4.2%
Free cash flow HK$87.4M FY2025
EPS growth (YoY) +134%
More key figures
Net debt HK$132M FY2025

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

1183 reported revenue of HK$1.9B in FY2025 versus HK$912M in FY2021, a compound +19.4%/yr. Reported net income was HK$14.9M in FY2025, compounding −41.4%/yr from FY2021.

Revenue +19.4%/yr
FY21 HK$912M
FY22 HK$1.3B
FY23 HK$1.5B
FY24 HK$1.5B
FY25 HK$1.9B
Net income −41.4%/yr
FY21 HK$126M
FY22 HK$81.3M
FY23 −HK$11.6M
FY24 −HK$3.1M
FY25 HK$14.9M

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Similar stocks

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

Stock Price Fair Value vs Fair Value
Tata Steel Limited TTST $0.2110 $0.0100 -95%
Nucor Corporation NUE $254.39 $83.10 -67%
ArcelorMittal S.A ARMT34 R$166.77 R$110.23 -34%
JSW Steel Limited JSWSTEEL ₹1,282 ₹1,113 -13%
China Steel Corporation 2002A 38.45 TWD 11.94 TWD -69%
Baoshan Iron & Steel Co 600019 ¥5.74 ¥6.34 +10%

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Frequently asked questions

Is 1183 (1183) undervalued?
As of Jul 2, 2026, our model estimates a fair value of HK$0.0700 versus a price of HK$0.1410 — about −50% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 1183?
Our model-based fair value for 1183 is HK$0.0700 (as of Jul 2, 2026), built from audited fundamentals. The current price is HK$0.1410.
What is the quality score of 1183?
1183 has a Quality Score of 61/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of 1183 (1183)?
1183 reported trailing-twelve-month revenue of about HK$1.6B (latest available figure, as of Jul 2, 2026).
What is the net profit margin of 1183?
The net profit margin of 1183 is about 0.8%, meaning it keeps roughly 0.8% 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.