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2336 (2336) Fair Value & Analysis

Technology · Market cap HK$387M

2 2336 2336 · HK
PriceHK$0.2600
Fair ValueHK$0.7600
Upside+192.3%
Quality58/100
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Evidence: Low Range HK$0.4200 – HK$1.05

Fair value as of: Jul 2, 2026

From 3 valuation models · updated today

Share price +54.8% over the past month.

Price vs Fair Value (12 months)

HK$0.2900 HK$0.0760 Fair Value HK$0.7600 Jun 2025 Jul 2026

12‑month range HK$0.0760 – HK$0.2900 · fair‑value band HK$0.4200 – HK$1.05 · the HK$0.2600 price screens below the HK$0.7600 fair value. As of Jul 2, 2026.

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Analysis

2336 (2336) currently trades at HK$0.2600, while our model-based Fair Value estimate is HK$0.7600 — implying the stock looks roughly 192.3% undervalued today. We read business quality at 58/100 (solid quality), in the Technology 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, 2336 generated revenue of HK$176M at a net margin of -4.3%. Revenue declined 15.4% year over year. It earns a return on equity of -3.1%. The balance sheet holds a net cash position of HK$67.5M. Fundamentals as of Jul 2, 2026

Key figures & financial health

Revenue (TTM) HK$176M
Revenue growth (YoY) -15.4%
Net margin -4.3%
Return on equity -3.1%
Free cash flow −HK$5.2M FY2025
Operating margin -11.9%
More key figures
Net cash HK$67.5M FY2025

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

2336 reported revenue of HK$176M in FY2025 versus HK$708M in FY2021, a compound −29.4%/yr. Reported net income was −HK$7.5M in FY2025.

Revenue −29.4%/yr
FY21 HK$708M
FY22 HK$122M
FY23 HK$137M
FY24 HK$183M
FY25 HK$176M
Net income
FY21 −HK$9.8M
FY22 −HK$9.8M
FY23 −HK$11.3M
FY24 −HK$8.1M
FY25 −HK$7.5M

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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 $1,900 $649.19 -66%
Applied Materials, Inc AMAT C$66.36 C$16.00 -76%
Lam Research Corporation LRCX $321.80 $95.98 -70%
KLA Corporation KLAC $1,929 $742.75 -61%
Tokyo Electron Limited TOELF $443.58 $117.43 -74%
Advantest Corporation ATEYY $195.62 $83.32 -57%

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Frequently asked questions

Is 2336 (2336) undervalued?
As of Jul 2, 2026, our model estimates a fair value of HK$0.7600 versus a price of HK$0.2600 — about +192% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 2336?
Our model-based fair value for 2336 is HK$0.7600 (as of Jul 2, 2026), built from audited fundamentals. The current price is HK$0.2600.
What is the quality score of 2336?
2336 has a Quality Score of 58/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of 2336 (2336)?
2336 reported trailing-twelve-month revenue of about HK$176M (latest available figure, as of Jul 2, 2026).
What is the net profit margin of 2336?
The net profit margin of 2336 is about -4.3%, 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.