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002105.SZ$5.85-4.41%
Fair $5.85+0.0%

002105.SZ

HL Corp (Shenzhen)

Consumer Cyclical / LeisureShenzhen

$5.85

-0.27 (-4.41%)

Fairly Valued+0.0%Fair Value $5.85Fund rank 30/100 · Data gapFallback financials|
SA 17/F
F-Score: 3/9
Margin CompressionLow Profitability

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 34% · confianza 19%

FCF escenarios

weak_data · normalized FCF $-22.0M · quality 51.3/100

Data gap 30/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 29/100Data 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

17/100

F

Piotroski

3/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 2unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. Operating margin has declined for 3 consecutive years ROE is -8.0%, below the 5% threshold
Thesis & Journal · 002105.SZLocal privado en este navegador · HL Corp (Shenzhen)
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

$2.1B

P/E

N/A

•

EV/EBITDA

55.9x

↑

ROE

-8.0%

↓

Gross Margin

12.5%

↓

Debt/Equity

0.45

↑
52-Week Range$6
$6$10

TradingView lightweight chart

002105.SZ price, volumen y niveles de valoración

Último $5.850Periodo -9.1%
Fair value: $5.850

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

-13.3%

FCF CAGR

—

FCF margin

-1.9%

FCF / Net income

0.34x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.19B · net income $-64.1M · FCF $-22.0M

2022-FY → 2025-FY

Gross margin

12.5%-11.0% pts

Operating margin

-1.6%-13.7% pts

Net margin

-5.4%-15.8% pts

FCF margin

-1.9%-17.7% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.19B$1.19B$1.19B$963.9M$1.82B
Net Income$-64.1M$-64.1M$-18.9M$21.7M$189.2M
EBITDA$38.8M$38.8M$71.0M$96.6M$328.5M
EPS-0.17-0.17-0.050.060.52
Gross Margin12.5%12.5%15.2%18.5%23.5%
Operating Margin-1.6%-1.6%0.2%0.5%12.1%
Net Margin-5.4%-5.4%-1.6%2.3%10.4%
Balance Sheet
Debt/Equity0.450.450.410.380.49
Current Ratio1.511.51———
Cash Flow
Free Cash Flow$-22.0M$-22.0M$-30.8M$154.7M$289.4M
Returns
ROE-8.0%-8.0%-2.2%2.4%19.7%
Valuation
P/E———119.6614.16
EV/EBITDA55.9155.9123.7425.268.04
P/B2.682.681.962.862.78
Growth & Yield
Revenue Growth-0.3%-0.3%23.6%-47.2%—
EPS Growth-235.0%-235.0%-188.1%-88.6%—

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 -42.4%

Total return

-42.4%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.05 → -0.17

Residual

-42.4%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-42.4%

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.