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002721.SZ$2.75+4.17%
Fair $2.75+0.0%

002721.SZ

Beijing Kingee Culture Development Co., Ltd.

Consumer Cyclical / Luxury GoodsShenzhen

$2.75

+0.11 (+4.17%)

Fairly Valued+0.0%Fair Value $2.75Fund rank 26/100 · Data gapFallback financials|
SA 40/C
F-Score: 7/9
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 18%

FCF escenarios

weak_data · normalized FCF $-14.2M · quality 45.0/100

Data gap 26/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 14/100Data 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

40/100

C

Piotroski

7/9

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 1.4%, below the 5% threshold
Thesis & Journal · 002721.SZLocal privado en este navegador · Beijing Kingee Culture Development 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

$7.3B

P/E

91.7x

↑

EV/EBITDA

55.7x

↑

ROE

1.4%

↓

Gross Margin

35.2%

↑

Debt/Equity

0.02

↓
52-Week Range$3
$3$5

TradingView lightweight chart

002721.SZ price, volumen y niveles de valoración

Último $2.750Periodo -45.7%
Fair value: $2.750

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

-21.6%

FCF CAGR

—

FCF margin

16.8%

FCF / Net income

5.13x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $877.4M · net income $28.8M · FCF $147.7M

2022-FY → 2025-FY

Gross margin

35.2%+23.3% pts

Operating margin

12.0%+20.5% pts

Net margin

3.3%+204.0% pts

FCF margin

16.8%+17.7% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$877.4M$877.4M$372.7M$1.51B$1.82B
Net Income$28.8M$28.8M$14.5M$665.2M$-3.66B
EBITDA$110.1M$110.1M$30.5M$1.01B$-2.53B
EPS0.010.010.010.61-3.85
Gross Margin35.2%35.2%22.5%11.4%11.9%
Operating Margin12.0%12.0%-9.0%-8.6%-8.6%
Net Margin3.3%3.3%3.9%44.2%-200.7%
Balance Sheet
Debt/Equity0.020.020.010.01-2.12
Current Ratio11.2311.23———
Cash Flow
Free Cash Flow$147.7M$147.7M$-117.7M$-14.2M$-16.3M
Returns
ROE1.4%1.4%0.7%32.4%116.1%
Valuation
P/E91.6791.67454.554.52—
EV/EBITDA55.7255.72186.971.42—
P/B3.433.433.161.47—
Growth & Yield
Revenue Growth135.4%135.4%-75.3%-17.4%—
EPS Growth98.2%98.2%-99.1%115.8%—

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

181.8%

muy exigente

EPS terminal req.

$0.24

Spread vs growth

-83.7%

5Y implied EPS CAGR

93.4%

muy exigente

EPS terminal req.

$0.30

Spread vs growth

4.7%

10Y implied EPS CAGR

45.9%

muy exigente

EPS terminal req.

$0.48

Spread vs growth

52.3%

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 -5.8%

Total return

-5.8%

Start / end P/E

530.9x → 252.3x

EPS bridge

0.01 → 0.01

Residual

-51.5%

EPS growth+98.2%
Multiple rerating-52.5%
Dividend+0.0%
Residual / FX / buybacks / cross-term-51.5%

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.