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000402.SZ$3.05-2.56%
Fair $3.05+0.0%

000402.SZ

Financial Street Holdings Co., Ltd.

Real Estate / Real Estate - DevelopmentShenzhen

$3.05

-0.08 (-2.56%)

Fairly Valued+0.0%Fair Value $3.05Fund rank 24/100 · Data gapFallback financials|
SA 20/D
F-Score: 5/9
High DebtMargin CompressionLow Profitability

Book/ROE base 3Y

n/d

n/d CAGR · P/B n/d

Book/ROE base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

Book/ROE escenarios

weak_data · book/share n/d · quality 0.0/100

Data gap 24/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 63/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

20/100

D

Piotroski

5/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 3unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific NAV/AFFO model required: REIT/real-estate targets are disabled until FFO/AFFO/NAV/cap-rate data exists. REIT NAV/AFFO valuation requires positive AFFO/share history or TTM AFFO/share; generic FCF remains disabled. Debt-to-Equity ratio is 3.86, above the 2.0 threshold Operating margin has declined for 3 consecutive years ROE is -27.6%, below the 5% threshold
Thesis & Journal · 000402.SZLocal privado en este navegador · Financial Street Holdings Co., Ltd.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$9.1B

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-27.6%

↓

Gross Margin

10.4%

↓

Debt/Equity

3.86

↑
52-Week Range$3
$2$3

TradingView lightweight chart

000402.SZ price, volumen y niveles de valoración

Último $3.130Periodo +172.0%
Fair value: $3.050

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

-26.9%

FCF CAGR

-28.6%

FCF margin

25.0%

FCF / Net income

-0.37x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $8.00B · net income $-5.38B · FCF $2.00B

2022-FY → 2025-FY

Gross margin

10.4%-5.3% pts

Operating margin

-6.8%-13.7% pts

Net margin

-67.3%-71.4% pts

FCF margin

25.0%-1.8% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$8.00B$8.00B$19.07B$12.57B$20.51B
Net Income$-5.38B$-5.38B$-11.08B$-1.95B$846.4M
EBITDA$-2.95B$-2.95B$-8.70B$38.3M$3.45B
EPS-1.80-1.80-3.71-0.650.28
Gross Margin10.4%10.4%3.0%7.3%15.6%
Operating Margin-6.8%-6.8%-6.1%-4.4%6.9%
Net Margin-67.3%-67.3%-58.1%-15.5%4.1%
Balance Sheet
Debt/Equity3.863.862.812.012.07
Current Ratio4.294.29———
Cash Flow
Free Cash Flow$2.00B$2.00B$5.97B$6.00B$5.51B
Returns
ROE-27.6%-27.6%-44.5%-5.4%2.2%
Valuation
P/E————18.96
EV/EBITDA———1808.3022.55
P/B0.470.470.360.300.42
Growth & Yield
Revenue Growth-58.1%-58.1%51.7%-38.7%—
EPS Growth51.5%51.5%-470.8%-332.1%—

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +7.4%

Total return

+7.4%

Start / end P/E

n/dx → n/dx

EPS bridge

-3.71 → -1.80

Residual

+7.4%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+7.4%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.