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1652.HK$1.09+0.93%
Fair $1.09+0.0%

1652.HK

Fusen Pharmaceutical Company Limited

Healthcare / Drug Manufacturers - Specialty & GenericHKSE

$1.09

+0.01 (+0.93%)

Fairly Valued+0.0%Fair Value $1.09Fund rank 23/100 · Data gapFallback financials|
SA 23/D
F-Score: 4/9
Declining RevenueLow 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 $57.4M · quality 33.7/100

Data gap 23/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 13/100Data 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

23/100

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: 2unknown: 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 2 consecutive years ROE is -3.3%, below the 5% threshold
Thesis & Journal · 1652.HKLocal privado en este navegador · Fusen Pharmaceutical Company Limited
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

$806M

P/E

N/A

•

EV/EBITDA

19.6x

↑

ROE

-3.3%

↓

Gross Margin

40.2%

↓

Debt/Equity

0.84

↑
52-Week Range$1
$0$2

TradingView lightweight chart

1652.HK price, volumen y niveles de valoración

Último $1.080Periodo -57.5%
Fair value: $1.090

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

-17.8%

FCF CAGR

-6.1%

FCF margin

26.3%

FCF / Net income

-6.09x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $273.4M · net income $-11.8M · FCF $71.8M

2022-FY → 2025-FY

Gross margin

40.2%-5.6% pts

Operating margin

5.3%-2.6% pts

Net margin

-4.3%+2.7% pts

FCF margin

26.3%+8.7% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$273.4M$273.4M$326.0M$565.6M$491.8M
Net Income$-11.8M$-11.8M$-188.8M$-36.3M$-34.6M
EBITDA$52.3M$52.3M$-128.6M$18.9M$15.6M
EPS——-0.26-0.05-0.05
Gross Margin40.2%40.2%49.9%53.0%45.8%
Operating Margin5.3%5.3%-17.8%5.0%7.9%
Net Margin-4.3%-4.3%-57.9%-6.4%-7.0%
Balance Sheet
Debt/Equity0.840.841.040.610.37
Current Ratio0.560.56———
Cash Flow
Free Cash Flow$71.8M$71.8M$57.4M$-108.7M$86.6M
Returns
ROE-3.3%-3.3%-51.1%-6.4%-5.6%
Valuation
EV/EBITDA19.5719.57—71.5574.52
P/B2.242.241.601.861.72
Growth & Yield
Revenue Growth-16.2%-16.2%-42.4%15.0%—
EPS Growth——-410.0%0.0%—

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

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 +179.5%

Total return

+179.5%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.26 → n/d

Residual

+179.5%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+179.5%

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.