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2598.HK$5.19-0.76%
Fair $5.19+0.0%

2598.HK

Lianlian DigiTech Co., Ltd.

Technology / Software - InfrastructureHKSE

$5.19

-0.04 (-0.76%)

Fairly Valued+0.0%Fair Value $5.19Fund rank 26/100 · Data gapFallback financials|
SA 44/C
F-Score: 4/9

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 34% · confianza 18%

FCF escenarios

weak_data · normalized FCF $89.8M · quality 45.7/100

Data gap 26/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 15/100Data 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

44/100

C

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: 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 · 2598.HKLocal privado en este navegador · Lianlian DigiTech 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

$5.5B

P/E

3.0x

↓

EV/EBITDA

-7.2x

↓

ROE

54.1%

↑

Gross Margin

50.4%

↑

Debt/Equity

0.06

↓
52-Week Range$5
$5$18

TradingView lightweight chart

2598.HK price, volumen y niveles de valoración

Último $5.190Periodo -45.0%
Fair value: $5.190

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

+32.7%

FCF CAGR

—

FCF margin

5.4%

FCF / Net income

0.06x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.73B · net income $1.66B · FCF $94.3M

2022-FY → 2025-FY

Gross margin

50.4%-12.4% pts

Operating margin

-22.7%-4.3% pts

Net margin

96.0%+219.4% pts

FCF margin

5.4%+12.8% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.73B$1.73B$1.31B$1.03B$742.7M
Net Income$1.66B$1.66B$-168.2M$-656.1M$-916.5M
EBITDA$2.13B$2.13B$-517.4M$-607.4M$-866.3M
EPS——-0.16-0.61-0.86
Gross Margin50.4%50.4%51.9%56.1%62.7%
Operating Margin-22.7%-22.7%-33.5%-34.3%-18.4%
Net Margin96.0%96.0%-12.8%-63.8%-123.4%
Balance Sheet
Debt/Equity0.060.060.410.770.26
Current Ratio1.101.10———
Cash Flow
Free Cash Flow$94.3M$94.3M$-132.4M$89.8M$-54.8M
Returns
ROE54.1%54.1%-13.7%-111.3%-86.6%
Valuation
P/E2.972.97———
EV/EBITDA-7.19-7.19———
P/B1.821.828.16——
Growth & Yield
Revenue Growth31.9%31.9%27.9%38.4%—
EPS Growth——74.6%28.4%—

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

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
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 -27.9%

Total return

-27.9%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.16 → n/d

Residual

-27.9%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-27.9%

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.