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002569.SZ$16.15+1.83%
Fair $16.15+0.0%

002569.SZ

Zhejiang Busen Garments Co., Ltd.

Consumer Cyclical / Apparel ManufacturingShenzhen

$16.15

+0.29 (+1.83%)

Fairly Valued+0.0%Fair Value $16.15Fund rank 28/100 · Data gapFallback financials|
SA 45/C
F-Score: 6/9

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 21%

FCF escenarios

weak_data · normalized FCF $-16.8M · quality 57.3/100

Data gap 28/100
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

45/100

C

Piotroski

6/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 0unknown: 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.
Thesis & Journal · 002569.SZLocal privado en este navegador · Zhejiang Busen Garments 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

$2.3B

P/E

269.2x

↑

EV/EBITDA

136.8x

↑

ROE

19.8%

↑

Gross Margin

31.3%

↑

Debt/Equity

0.08

↓
52-Week Range$16
$8$18

TradingView lightweight chart

002569.SZ price, volumen y niveles de valoración

Último $16.15Periodo -23.6%
Fair value: $16.15

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

-3.2%

FCF CAGR

—

FCF margin

3.0%

FCF / Net income

0.49x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $140.1M · net income $8.7M · FCF $4.2M

2022-FY → 2025-FY

Gross margin

31.3%-12.7% pts

Operating margin

0.6%-2.0% pts

Net margin

6.2%+57.0% pts

FCF margin

3.0%+17.3% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$140.1M$140.1M$132.3M$144.1M$154.5M
Net Income$8.7M$8.7M$-51.4M$-67.0M$-78.5M
EBITDA$16.5M$16.5M$-47.6M$-62.2M$-65.1M
EPS0.060.06-0.38-0.48-0.55
Gross Margin31.3%31.3%27.2%31.0%44.0%
Operating Margin0.6%0.6%-17.1%-10.9%2.6%
Net Margin6.2%6.2%-38.9%-46.5%-50.8%
Balance Sheet
Debt/Equity0.080.080.230.040.04
Current Ratio0.730.73———
Cash Flow
Free Cash Flow$4.2M$4.2M$-16.8M$-35.9M$-22.1M
Returns
ROE19.8%19.8%-149.1%-72.9%-49.4%
Valuation
P/E269.17269.17———
EV/EBITDA136.75136.75———
P/B53.1953.1942.0111.055.94
Growth & Yield
Revenue Growth5.9%5.9%-8.2%-6.8%—
EPS Growth115.8%115.8%20.8%12.7%—

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

188.0%

muy exigente

EPS terminal req.

$1.43

Spread vs growth

-72.2%

5Y implied EPS CAGR

96.0%

muy exigente

EPS terminal req.

$1.73

Spread vs growth

19.8%

10Y implied EPS CAGR

46.8%

muy exigente

EPS terminal req.

$2.79

Spread vs growth

69.0%

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 +87.4%

Total return

+87.4%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.38 → 0.06

Residual

+87.4%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+87.4%

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.