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002512.SZ$4.61-0.65%
Fair $4.61+0.0%

002512.SZ

Tatwah Smartech Co.,Ltd.

Technology / SemiconductorsShenzhen

$4.61

-0.03 (-0.65%)

Fairly Valued+0.0%Fair Value $4.61Fund rank 23/100 · Data gapFallback financials|
SA 13/F
F-Score: 3/9
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 34% · confianza 17%

FCF escenarios

weak_data · normalized FCF $-235.8M · quality 39.0/100

Data gap 23/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 24/100Data 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

13/100

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. Revenue has declined for 2 consecutive years ROE is -69.9%, below the 5% threshold
Thesis & Journal · 002512.SZLocal privado en este navegador · Tatwah Smartech 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

$5.1B

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-69.9%

↓

Gross Margin

11.3%

↓

Debt/Equity

1.34

↑
52-Week Range$5
$4$8

TradingView lightweight chart

002512.SZ price, volumen y niveles de valoración

Último $4.640Periodo -27.2%
Fair value: $4.610

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

+2.0%

FCF CAGR

—

FCF margin

-1.8%

FCF / Net income

0.16x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.85B · net income $-201.8M · FCF $-32.4M

2022-FY → 2025-FY

Gross margin

11.3%+1.7% pts

Operating margin

-0.8%+4.5% pts

Net margin

-10.9%+8.2% pts

FCF margin

-1.8%+9.8% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.85B$1.85B$1.93B$1.97B$1.74B
Net Income$-201.8M$-201.8M$24.2M$-356.3M$-332.8M
EBITDA$-101.0M$-101.0M$112.9M$-204.2M$-231.4M
EPS-0.18-0.180.02-0.33-0.30
Gross Margin11.3%11.3%11.0%13.0%9.6%
Operating Margin-0.8%-0.8%-3.0%-4.1%-5.3%
Net Margin-10.9%-10.9%1.3%-18.1%-19.1%
Balance Sheet
Debt/Equity1.341.340.883.301.35
Current Ratio0.420.42———
Cash Flow
Free Cash Flow$-32.4M$-32.4M$-235.8M$-704.5M$-201.0M
Returns
ROE-69.9%-69.9%5.8%-92.5%-44.9%
Valuation
P/E——190.50——
EV/EBITDA——43.05——
P/B17.4817.4811.1316.605.35
Growth & Yield
Revenue Growth-4.3%-4.3%-1.7%12.9%—
EPS Growth-933.5%-933.5%106.8%-7.1%—

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 -10.7%

Total return

-10.7%

Start / end P/E

n/dx → n/dx

EPS bridge

0.02 → -0.18

Residual

-10.7%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-10.7%

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.