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002959.SZ$37.45-0.95%
Fair $37.45+0.0%

002959.SZ

Bear Electric Appliance Co.,Ltd.

Consumer Cyclical / Furnishings, Fixtures & AppliancesShenzhen

$37.45

-0.36 (-0.95%)

Fairly Valued+0.0%Fair Value $37.45Fund rank 33/100 · Data gapFallback financials|
SA 47/C
F-Score: 8/9

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 26% · confianza 25%

FCF escenarios

weak_data · normalized FCF $260.3M · quality 65.0/100

Data gap 33/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 51/100Data 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

47/100

C

Piotroski

8/9

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 · 002959.SZLocal privado en este navegador · Bear Electric Appliance 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

$5.8B

P/E

17.2x

↑

EV/EBITDA

6.0x

↓

ROE

12.8%

↑

Gross Margin

36.7%

↑

Debt/Equity

0.17

↓
52-Week Range$37
$37$56

TradingView lightweight chart

002959.SZ price, volumen y niveles de valoración

Último $37.45Periodo -1.3%
Fair value: $37.45

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

+8.3%

FCF CAGR

-3.0%

FCF margin

5.4%

FCF / Net income

0.72x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $5.23B · net income $392.5M · FCF $283.5M

2022-FY → 2025-FY

Gross margin

36.7%+0.2% pts

Operating margin

9.7%-2.0% pts

Net margin

7.5%-1.9% pts

FCF margin

5.4%-2.1% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$5.23B$5.23B$4.76B$4.71B$4.12B
Net Income$392.5M$392.5M$287.8M$445.3M$386.4M
EBITDA$731.1M$731.1M$542.5M$670.8M$584.6M
EPS2.502.501.852.822.48
Gross Margin36.7%36.7%35.3%36.4%36.4%
Operating Margin9.7%9.7%7.4%10.3%11.7%
Net Margin7.5%7.5%6.0%9.4%9.4%
Balance Sheet
Debt/Equity0.170.170.250.180.29
Current Ratio1.971.97———
Cash Flow
Free Cash Flow$283.5M$283.5M$-12.8M$260.3M$310.2M
Returns
ROE12.8%12.8%10.2%16.3%16.3%
Valuation
P/E17.1817.1825.3718.6426.30
EV/EBITDA6.016.0111.6610.8414.95
P/B1.931.932.593.034.29
Growth & Yield
Revenue Growth9.9%9.9%1.0%14.4%—
EPS Growth35.1%35.1%-34.5%14.0%—
Dividend Yield3.4%3.4%———

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

10.0%

razonable

EPS terminal req.

$3.32

Spread vs growth

25.1%

5Y implied EPS CAGR

10.0%

razonable

EPS terminal req.

$4.02

Spread vs growth

25.1%

10Y implied EPS CAGR

10.0%

razonable

EPS terminal req.

$6.48

Spread vs growth

25.1%

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 -20.0%

Total return

-20.0%

Start / end P/E

26.4x → 15.0x

EPS bridge

1.85 → 2.50

Residual

-15.2%

EPS growth+35.1%
Multiple rerating-43.3%
Dividend+3.4%
Residual / FX / buybacks / cross-term-15.2%

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.