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002968.SZ$10.00-2.91%
Fair $10.00+0.0%

002968.SZ

New DaZheng Property Group Co., LTD

Real Estate / Real Estate ServicesShenzhen

$10.00

-0.30 (-2.91%)

Fairly Valued+0.0%Fair Value $10.00Fund rank 35/100 · Data gapFallback financials|
SA 47/C
F-Score: 5/9
Margin Compression

Book/ROE base 3Y

n/d

n/d CAGR · P/B n/d

Book/ROE base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

Book/ROE escenarios

weak_data · book/share n/d · quality 46.0/100

Data gap 35/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 67/100Data 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

5/9

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. Sector-specific NAV/AFFO model required: REIT/real-estate targets are disabled until FFO/AFFO/NAV/cap-rate data exists. REIT NAV/AFFO valuation requires positive AFFO/share history or TTM AFFO/share; generic FCF remains disabled. Operating margin has declined for 3 consecutive years
Thesis & Journal · 002968.SZLocal privado en este navegador · New DaZheng Property Group 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

23.8x

↑

EV/EBITDA

9.4x

↓

ROE

7.8%

↑

Gross Margin

12.3%

↓

Debt/Equity

0.05

↓
52-Week Range$10
$9$15

TradingView lightweight chart

002968.SZ price, volumen y niveles de valoración

Último $10.00Periodo -18.2%
Fair value: $10.00

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

+5.1%

FCF CAGR

+19.2%

FCF margin

2.7%

FCF / Net income

0.85x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $3.01B · net income $94.9M · FCF $80.7M

2022-FY → 2025-FY

Gross margin

12.3%-3.9% pts

Operating margin

4.7%-3.1% pts

Net margin

3.1%-4.0% pts

FCF margin

2.7%+0.8% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$3.01B$3.01B$3.39B$3.13B$2.60B
Net Income$94.9M$94.9M$113.8M$160.1M$185.8M
EBITDA$190.4M$190.4M$202.5M$237.7M$247.9M
EPS0.420.420.510.710.82
Gross Margin12.3%12.3%11.7%12.8%16.2%
Operating Margin4.7%4.7%4.9%6.2%7.8%
Net Margin3.1%3.1%3.4%5.1%7.2%
Balance Sheet
Debt/Equity0.050.050.060.050.04
Current Ratio2.152.15———
Cash Flow
Free Cash Flow$80.7M$80.7M$103.9M$158.2M$47.7M
Returns
ROE7.8%7.8%9.4%13.4%16.6%
Valuation
P/E23.8123.8117.0617.8329.88
EV/EBITDA9.369.366.969.6820.14
P/B1.861.861.612.394.97
Growth & Yield
Revenue Growth-11.0%-11.0%8.3%20.4%—
EPS Growth-17.6%-17.6%-28.2%-13.4%—
Dividend Yield3.3%3.3%———

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

28.3%

muy exigente

EPS terminal req.

$0.89

Spread vs growth

-46.0%

5Y implied EPS CAGR

20.6%

exigente

EPS terminal req.

$1.07

Spread vs growth

-38.3%

10Y implied EPS CAGR

15.2%

exigente

EPS terminal req.

$1.73

Spread vs growth

-32.8%

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 +3.4%

Total return

+3.4%

Start / end P/E

19.6x → 23.8x

EPS bridge

0.51 → 0.42

Residual

-3.8%

EPS growth-17.6%
Multiple rerating+21.6%
Dividend+3.3%
Residual / FX / buybacks / cross-term-3.8%

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.