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002696.SZ$5.86-4.40%
Fair $5.86+0.0%

002696.SZ

Baiyang Investment Group, Inc.

Consumer Defensive / Packaged FoodsShenzhen

$5.86

-0.27 (-4.40%)

Fairly Valued+0.0%Fair Value $5.86Fund rank 22/100 · Data gapFallback financials|
SA 26/D
F-Score: 4/9
Low 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 16%

FCF escenarios

weak_data · normalized FCF $-170.6M · quality 33.7/100

Data gap 22/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 6/100Data 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

26/100

D

Piotroski

4/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 1unknown: 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. ROE is 3.0%, below the 5% threshold
Thesis & Journal · 002696.SZLocal privado en este navegador · Baiyang Investment Group, Inc.
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

$2.0B

P/E

117.2x

↑

EV/EBITDA

15.6x

↑

ROE

3.0%

↓

Gross Margin

8.8%

↓

Debt/Equity

0.88

↑
52-Week Range$6
$6$8

TradingView lightweight chart

002696.SZ price, volumen y niveles de valoración

Último $5.860Periodo -28.8%
Fair value: $5.860

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

+8.1%

FCF CAGR

—

FCF margin

-12.4%

FCF / Net income

-12.35x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $4.06B · net income $40.6M · FCF $-502.0M

2022-FY → 2025-FY

Gross margin

8.8%-3.2% pts

Operating margin

3.1%-2.5% pts

Net margin

1.0%-0.9% pts

FCF margin

-12.4%-15.5% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$4.06B$4.06B$3.08B$2.72B$3.21B
Net Income$40.6M$40.6M$-15.3M$-27.6M$62.3M
EBITDA$181.9M$181.9M$133.6M$94.3M$195.8M
EPS0.120.12-0.04-0.080.18
Gross Margin8.8%8.8%9.0%8.3%12.0%
Operating Margin3.1%3.1%2.6%1.0%5.6%
Net Margin1.0%1.0%-0.5%-1.0%1.9%
Balance Sheet
Debt/Equity0.880.880.480.580.45
Current Ratio1.271.27———
Cash Flow
Free Cash Flow$-502.0M$-502.0M$-170.6M$152.3M$101.8M
Returns
ROE3.0%3.0%-1.1%-2.0%4.4%
Valuation
P/E117.20117.20——41.22
EV/EBITDA15.6115.6112.9726.6114.77
P/B1.471.471.171.661.80
Growth & Yield
Revenue Growth31.8%31.8%13.1%-15.4%—
EPS Growth366.6%366.6%45.0%-144.4%—
Dividend Yield0.8%0.8%———

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

64.3%

muy exigente

EPS terminal req.

$0.52

Spread vs growth

302.3%

5Y implied EPS CAGR

39.9%

muy exigente

EPS terminal req.

$0.63

Spread vs growth

326.7%

10Y implied EPS CAGR

24.1%

exigente

EPS terminal req.

$1.01

Spread vs growth

342.5%

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 -0.0%

Total return

-0.0%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.04 → 0.12

Residual

-0.8%

EPS growthn/d
Multiple reratingn/d
Dividend+0.8%
Residual / FX / buybacks / cross-term-0.8%

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.