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002443.SZ$11.49-1.71%
Fair $11.49+0.0%

002443.SZ

Zhejiang Kingland Pipeline and Technologies Co.,Ltd.

Basic Materials / SteelShenzhen

$11.49

-0.20 (-1.71%)

Fairly Valued+0.0%Fair Value $11.49Fund rank 33/100 · Data gapFallback financials|
SA 48/C
F-Score: 2/9
Declining RevenueLow 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 33% · confianza 23%

FCF escenarios

weak_data · normalized FCF $561.7M · quality 64.7/100

Data gap 33/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 41/100Data 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

48/100

C

Piotroski

2/9

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. Sector-specific commodity mid-cycle model required: targets are disabled until normalized cycle price/cost-curve/reserve data exists. Revenue has declined for 3 consecutive years ROE is 4.0%, below the 5% threshold
Thesis & Journal · 002443.SZLocal privado en este navegador · Zhejiang Kingland Pipeline and Technologies 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

$6.0B

P/E

41.0x

↑

EV/EBITDA

21.6x

↑

ROE

4.0%

↑

Gross Margin

10.5%

↓

Debt/Equity

0.13

↓
52-Week Range$11
$6$14

TradingView lightweight chart

002443.SZ price, volumen y niveles de valoración

Último $11.69Periodo +69.4%
Fair value: $11.49

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

-11.2%

FCF CAGR

—

FCF margin

-0.3%

FCF / Net income

-0.09x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $4.26B · net income $137.7M · FCF $-12.2M

2022-FY → 2025-FY

Gross margin

10.5%-0.4% pts

Operating margin

4.2%-1.1% pts

Net margin

3.2%-0.6% pts

FCF margin

-0.3%-3.5% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$4.26B$4.26B$4.62B$5.74B$6.09B
Net Income$137.7M$137.7M$201.4M$283.8M$235.4M
EBITDA$277.5M$277.5M$354.8M$463.2M$404.3M
EPS0.260.260.360.550.45
Gross Margin10.5%10.5%10.9%12.3%10.9%
Operating Margin4.2%4.2%5.1%7.0%5.3%
Net Margin3.2%3.2%4.4%4.9%3.9%
Balance Sheet
Debt/Equity0.130.130.030.090.22
Current Ratio4.884.88———
Cash Flow
Free Cash Flow$-12.2M$-12.2M$561.7M$622.3M$194.1M
Returns
ROE4.0%4.0%5.8%8.5%7.6%
Valuation
P/E41.0441.0415.5212.7313.80
EV/EBITDA21.5721.577.826.577.88
P/B1.751.750.901.081.05
Growth & Yield
Revenue Growth-7.8%-7.8%-19.6%-5.7%—
EPS Growth-27.7%-27.7%-33.7%21.2%—
Dividend Yield0.3%0.3%———

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

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

57.4%

muy exigente

EPS terminal req.

$1.02

Spread vs growth

-85.1%

5Y implied EPS CAGR

36.4%

muy exigente

EPS terminal req.

$1.23

Spread vs growth

-64.1%

10Y implied EPS CAGR

22.5%

exigente

EPS terminal req.

$1.99

Spread vs growth

-50.2%

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 +86.5%

Total return

+86.5%

Start / end P/E

17.1x → 44.0x

EPS bridge

0.36 → 0.26

Residual

-43.6%

EPS growth-27.7%
Multiple rerating+157.6%
Dividend+0.3%
Residual / FX / buybacks / cross-term-43.6%

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.