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v0.1
2650.HK$17.60-1.68%
Fair $17.60+0.0%

2650.HK

Shanghai Zhida Technology Development Co., Ltd.

Technology / Electronic ComponentsHKSE

$17.60

-0.30 (-1.68%)

Fairly Valued+0.0%Fair Value $17.60Fund rank 28/100 · Data gapFallback financials|
SA 4/F
High DebtLow 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 31% · confianza 21%

FCF escenarios

weak_data · normalized FCF $-264.9M · quality 48.0/100

Data gap 28/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 53/100Data 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

4/100

F

Piotroski

n/d

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

4/100

SEC 0%

Latest source: unknownPeriods: 1Warnings: 2unknown: 1
No SEC-backed annual rows; valuation uses fallback financial data. Limited financial history; valuation confidence should be treated as provisional. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. Debt-to-Equity ratio is 2.01, above the 2.0 threshold ROE is -68.0%, below the 5% threshold
Thesis & Journal · 2650.HKLocal privado en este navegador · Shanghai Zhida Technology Development 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

$5.3B

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-68.0%

↓

Gross Margin

15.2%

↓

Debt/Equity

2.01

↑
52-Week Range$18
$17$65

TradingView lightweight chart

2650.HK price, volumen y niveles de valoración

Último $17.60Periodo -55.0%
Fair value: $17.60

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2025–2025 · 0 años de histórico normalizado

Revenue CAGR

—

FCF CAGR

—

FCF margin

-37.0%

FCF / Net income

1.62x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $716.5M · net income $-163.8M · FCF $-264.9M

2025-FY → 2025-FY

Gross margin

15.2%+0.0% pts

Operating margin

-19.0%+0.0% pts

Net margin

-22.9%+0.0% pts

FCF margin

-37.0%+0.0% pts
MetricTTM
2025
Income Statement
Revenue$716.5M$716.5M
Net Income$-163.8M$-163.8M
EBITDA$-120.8M$-120.8M
Gross Margin15.2%15.2%
Operating Margin-19.0%-19.0%
Net Margin-22.9%-22.9%
Balance Sheet
Debt/Equity2.012.01
Current Ratio1.071.07
Cash Flow
Free Cash Flow$-264.9M$-264.9M
Returns
ROE-68.0%-68.0%
Valuation
P/B21.8521.85

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 · available periodreconcilia total -55.0%

Total return

-55.0%

Start / end P/E

n/dx → n/dx

EPS bridge

n/d → n/d

Residual

-55.0%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-55.0%

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.