WarrantsWarrant calculator
Data as of Sep 19, 2026
EPV per share
87.65 HKD
Current price
73.65 HKD
Margin of safety
+16.0 %
Amounts in CNY; per-share values and price in HKD.
EBIT margin by year
Bridge: operations to equity
Sensitivity: EPV per share
| Margin \ WACC | 5.27 % | 6.27 % | 7.27 % | 8.27 % | 9.27 % |
|---|---|---|---|---|---|
| 25.27 % | 113.33 | 94.52 | 80.88 | 70.54 | 62.42 |
| 26.27 % | 118.00 | 98.44 | 84.26 | 73.51 | 65.08 |
| 27.27 % | 122.67 | 102.37 | 87.65 | 76.49 | 67.74 |
| 28.27 % | 127.34 | 106.30 | 91.04 | 79.47 | 70.39 |
| 29.27 % | 132.02 | 110.22 | 94.42 | 82.44 | 73.05 |
The normalized EBIT margin comes from only 4 financial year(s) (2022–2025); below 7 the window may not cover a full cycle and, in a cyclical business, capture only the peak or only the trough.
Amounts in CNY.
Capital structure and contribution to WACC
Required rate of return (WACC)
7.27 %
Provider beta (0.65) outside the sanity band [0.70, 1.50]; capped to 0.70 so that a noisy estimator does not govern the EPV.
Cost of debt approximated with the 'net interest and non-operating' residual (EBT−EBIT) of the last financial year; it is not an isolated interest line (it also includes FX and equity-method results), so it is an estimate.