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002908.SZ$7.61-1.81%
Fair $7.61+0.0%

002908.SZ

Guangdong Tecsun Science & Technology Co.,Ltd.

Technology / Software - ApplicationShenzhen

$7.61

-0.14 (-1.81%)

Fairly Valued+0.0%Fair Value $7.61Fund rank 33/100 · Data gapFallback financials|
SA 34/D
F-Score: 4/9
Declining RevenueMargin CompressionLow 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 24%

FCF escenarios

weak_data · normalized FCF $76.9M · quality 66.3/100

Data gap 33/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 43/100Data 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

34/100

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: 3unknown: 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 3 consecutive years Operating margin has declined for 3 consecutive years ROE is 0.8%, below the 5% threshold
Thesis & Journal · 002908.SZLocal privado en este navegador · Guangdong Tecsun Science & Technology 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

$3.3B

P/E

367.6x

↑

EV/EBITDA

120.0x

↑

ROE

0.8%

↓

Gross Margin

43.6%

↑

Debt/Equity

0.03

↓
52-Week Range$8
$7$13

TradingView lightweight chart

002908.SZ price, volumen y niveles de valoración

Último $7.610Periodo +86.3%
Fair value: $7.610

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

-14.8%

FCF CAGR

—

FCF margin

-0.5%

FCF / Net income

-0.32x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $560.1M · net income $8.9M · FCF $-2.9M

2022-FY → 2025-FY

Gross margin

43.6%-1.7% pts

Operating margin

5.1%-12.8% pts

Net margin

1.6%-11.0% pts

FCF margin

-0.5%-7.4% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$560.1M$560.1M$657.8M$842.5M$905.4M
Net Income$8.9M$8.9M$20.4M$73.1M$113.8M
EBITDA$23.6M$23.6M$50.0M$109.1M$160.9M
EPS0.020.020.050.170.27
Gross Margin43.6%43.6%41.6%42.3%45.3%
Operating Margin5.1%5.1%8.7%13.5%17.8%
Net Margin1.6%1.6%3.1%8.7%12.6%
Balance Sheet
Debt/Equity0.030.030.020.020.01
Current Ratio3.693.69———
Cash Flow
Free Cash Flow$-2.9M$-2.9M$76.9M$151.2M$62.7M
Returns
ROE0.8%0.8%1.8%6.2%10.1%
Valuation
P/E367.63367.63164.1576.1043.49
EV/EBITDA119.99119.9957.3246.4228.25
P/B2.972.972.994.734.39
Growth & Yield
Revenue Growth-14.9%-14.9%-21.9%-6.9%—
EPS Growth-56.6%-56.6%-71.9%-37.1%—
Dividend Yield0.6%0.6%———

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

219.5%

muy exigente

EPS terminal req.

$0.68

Spread vs growth

-276.1%

5Y implied EPS CAGR

108.6%

muy exigente

EPS terminal req.

$0.82

Spread vs growth

-165.2%

10Y implied EPS CAGR

51.5%

muy exigente

EPS terminal req.

$1.32

Spread vs growth

-108.1%

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 -17.8%

Total return

-17.8%

Start / end P/E

195.6x → 367.6x

EPS bridge

0.05 → 0.02

Residual

-49.8%

EPS growth-56.6%
Multiple rerating+88.0%
Dividend+0.6%
Residual / FX / buybacks / cross-term-49.8%

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.