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Wasion Holdings Limited (3393.HK)

Hong Kong Stock Exchange Industrials Electrical Equipment & PartsView data quality →
58.0Fair

ValueMarkers Composite Index

Top 68%#14,237 of 44,714
Overvalued

48% above intrinsic value ($3)

UndervaluedFair ValueOvervalued
Piotroski
7/9
Strong
Beneish
-2.42
Low Risk
Altman
3.20
Safe
DCF Value
$3
Overvalued
ROIC
12.7%
Adequate
P/E
24.6
Fair
Updated: ·Source: Data sourced from SEC filings and institutional providers. Not financial advice.·Report data issue

Wasion Holdings Limited (3393.HK) — VMCI valuation read

Headline read on 3393.HK: VMCI of 58/100 versus a Industrials sector median of 50. The 8-point above-median position is what makes Wasion Holdings Limited a relative-value candidate in the mid-cap cohort, before any pillar-level review.

Form 4 filings on 3393.HK: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.

**Investor frame.** Three reads on 3393.HK: value (3393.HK trades at 25.0x earnings, 39% above the Industrials median of 18.0x), quality (ROIC of 19.0% sits 9.0pp above the Industrials median (10.0%)), and risk (net debt to EBITDA of 1.4x leaves covenant headroom). The value read also implies an EV/EBITDA gap of +4.0x against the Industrials 12.0x baseline.

3393.HK fell 1.1% over the trailing 7 days, with a +6.3% read on a 30-day basis.

Wasion Holdings Limited, an investment holding company, researches, develops, produces, and sells energy metering and energy efficiency management solutions for energy supply industries in the People's Republic of China, Africa, South America, Europe, rest of Asia, the Middle East, and internationally. The company operates through three segments: Power Advanced Metering Infrastructure, Communication and Fluid Advanced Metering Infrastructure, and Advanced Distribution Operations. It offers smart meters, smart water meters, smart gas meters, and ultrasonic calorimeters; various meters and power quality monitoring devices; energy data collection terminals, load management terminals, and user management devices; and measurement automation systems and various application systems, services, and energy data mining, as well as system solution services, communication terminals, and heat meters. The company also offers high voltage switchgears, smart switchgears, circuit breakers, power distribution automation terminals, electrical and electronic devices for power quality control, and smart distribution systems, as well as engineering, energy-saving services, etc. In addition, it provides smart power distribution devices and energy efficiency solution services; and single-phase and three-phase power meters, as well as develops, manufactures, sells, and trades in electronic components. The company was formerly known as Wasion Group Holdings Limited and changed its name to Wasion Holdings Limited in June 2018. The company was founded in 2000 and is headquartered in Sheung Wan, Hong Kong. Wasion Holdings Limited is a subsidiary of Star Treasure Investments Holdings Limited.

CEO: Chit Kat5,280 employeesHKwww.wasion.com

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