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Yunnan Energy International Co Ltd (1298) Fair Value & Analysis

Technology · HK · Market cap HK$275M

YE Yunnan Energy International Co Ltd 1298 · HK
PriceHK$1.10
Fair ValueHK$0.2400
Upside-78.2%
Quality44/100
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Mixed Growth
Loss-making · -0.2% net margin
Low debt · generates free cash flow
Trails peers (3/11)
Narrow moat 15/100
Evidence: Medium Range HK$0.2200 – HK$0.3100 Share as image

Fair value as of: Aug 13, 2026

From 13 valuation models · updated 3 days ago

Fair value updated Aug 13, 2026, revised from HK$0.2300 to HK$0.2400 (+4.3%) since Aug 5, 2026. Share price −8.3% over the past month.

Below-average quality, and screening another 78% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (HK$0.3100). The favourable scenario is already priced in.
  • Weak quality (44/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

HK$1.80 HK$0.4200 Fair Value HK$0.2400 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range HK$0.4200 – HK$1.80 · fair‑value band HK$0.2200 – HK$0.3100 · the HK$1.10 price screens above the HK$0.2400 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Yunnan Energy International Co Ltd (1298) currently trades at HK$1.10, while our model-based Fair Value estimate is HK$0.2400, implying the stock looks roughly 78.2% overvalued today. The Quality Score stands at 44/100 (below-average 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: medium).

Over the trailing twelve months, Yunnan Energy International Co Ltd generated revenue of HK$393M at a net margin of -0.2%. Revenue declined 32.9% year over year. It earns a return on equity of -0.5%. Net debt stands at HK$14.4M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.2200 (bear case) to HK$0.3100 (bull case); at HK$1.10, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 32% below its 52-week high and 112% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -46% fair-value upside, at -78%, 1298 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF HK$0.6700 HK$0.9600 HK$1.47 80
Rev-Margin DCF HK$0.4500 HK$0.6400 HK$0.9400 74
ROIC Compounder HK$0.2200 HK$0.2300 HK$0.2400 72
All 13 models by family
DCF Models
FCF DCF HK$0.7000 HK$0.9300 HK$1.56 38
5Y Revenue Exit HK$0.4500 HK$0.5900 HK$0.8700 39
5Y EBITDA Exit HK$0.4900 HK$0.6800 HK$1.02 41
10Y Revenue Exit HK$0.5300 HK$0.7600 HK$0.9400 36
10Y EBITDA Exit HK$0.5600 HK$0.8300 HK$1.29 37
Earnings-Based
EPV HK$0.2200 HK$0.2300 HK$0.2400 59
Multiples
EV/EBIT HK$0.4500 HK$0.5500 HK$0.6400 53
EV/EBITDA HK$0.3800 HK$0.4600 HK$0.5300 54
EV/Revenue HK$0.3100 HK$0.3700 HK$0.4300 43
Asset-Based
NCAV (Graham) HK$0.3100 HK$0.4100 HK$0.6100 50
Growth DCF
Growth DCF HK$0.6700 HK$0.9600 HK$1.47 80
Rev-Margin DCF HK$0.4500 HK$0.6400 HK$0.9400 74
Economic Profit
ROIC Compounder HK$0.2200 HK$0.2300 HK$0.2400 72

Widest divergence: DCF Models (HK$0.7600) versus Earnings-Based (HK$0.2300). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) HK$393M
Revenue growth (YoY) -32.9%
Net margin -0.2%
Return on equity -0.5%
Free cash flow HK$12.6M FY2025
Operating margin 2.4%
More key figures
EPS (TTM) HK$-0.0100
EPS growth (YoY) +119%
Net debt HK$14.4M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 44/100

Of which business quality 45 · Market factors (momentum, volatility) 58

Profitability 23
Margins and returns on capital today
Quality Growth 32
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 37
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 69
Calm price path (market factor)
Momentum 54
Price trend over the last 3–12 months (market factor)
52W Momentum 52
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Yunnan Energy International Co. Limited, an investment holding company, distributes analytical and laboratory instruments, and life science equipment in the People's Republic of China, rest of Asia, and Europe. The company operates in two segments, Distribution Business and Supply Chain Business.

Full company description

Yunnan Energy International Co. Limited, an investment holding company, distributes analytical and laboratory instruments, and life science equipment in the People's Republic of China, rest of Asia, and Europe. The company operates in two segments, Distribution Business and Supply Chain Business. It offers analytical instruments, such as medical computed tomography equipment, magnetic resonance imaging systems, fully automated microbial mass spectrometers, digital choledochoscopes, color ultrasound machines, radio frequency therapeutic devices, anesthesia machines, and life monitors, as well as life science and general laboratory instruments with specialized and customized hardware and software to provide solutions and facilitate scientific analysis and testing. It also provides after-sales services, such as testing, training, and maintenance services. In addition, the company engages in trading and supply chain business of commodities, and diversified industrial and consumer products. It serves businesses and institutions, which include hospitals, universities, research institutions, and government agencies, as well as companies in the industrial sector. The company was formerly known as Techcomp (Holdings) Limited and changed its name to Yunnan Energy International Co. Limited in December 2018. Yunnan Energy International Co. Limited was founded in 1988 and is headquartered in Wan Chai, Hong Kong. Yunnan Energy International Co. Limited is a subsidiary of Baodi International Investment Company Ltd.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Yunnan Energy International Co Ltd reported revenue of HK$393M in FY2025 versus HK$84.1M in FY2021, a compound +47.0%/yr. Reported net income was −HK$898K in FY2025.

Growth Quality 48/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
HK$393M
Latest YoY
−31.9%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.9%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+45.1%
Avg. growth/yr (22Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+1.2%
Revenue +47.0%/yr
FY21 HK$84.1M
FY22 HK$288M
FY23 HK$342M
FY24 HK$577M
FY25 HK$393M
Net income
FY21 −HK$27.0M
FY22 −HK$8.9M
FY23 −HK$5.0M
FY24 HK$491K
FY25 −HK$898K

1298 screens 78% overvalued. Compare with Keysight Technologies, Inc →

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Cite: Fair Value Calculator (2026). "Yunnan Energy International Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/1298

Peer Group

Scientific & Technical Instruments · 168 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 44 · Bottom 25%
Fair Value upside −78% · Bottom 25%
Return on assets 1% · Below median
Net margin (TTM) -0% · Bottom 25%
Operating margin (TTM) 2% · Below median
Revenue growth -33% · Bottom 25%
Debt / equity 0.07× · Higher than median

Valuation Multiples vs Scientific & Technical Instruments median · lower = cheaper

P/B 0.21× · Cheaper than 75% of peers
P/S (TTM) 0.09× · Cheaper than 75% of peers
P/FCF 2.8× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 0 · sector 26
PAST 0 · sector 23
HEALTH 97 · sector 98
DIVIDEND 0 · sector 20

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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10 more Scientific & Technical Instruments stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

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Frequently asked questions

Is Yunnan Energy International Co Ltd (1298) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.2400 versus a price of HK$1.10, about −78% (overvalued).
What is the fair value of 1298?
Our model-based fair value for Yunnan Energy International Co Ltd is HK$0.2400 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$1.10.
What is the quality score of 1298?
Yunnan Energy International Co Ltd has a Quality Score of 44/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Yunnan Energy International Co Ltd (1298)?
Yunnan Energy International Co Ltd reported trailing-twelve-month revenue of about HK$393M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 1298?
The net profit margin of Yunnan Energy International Co Ltd is about -0.2%, 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.

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