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300308.SZ$1130.00-2.68%
Fair $1130.00+0.0%

300308.SZ

Zhongji Innolight Co., Ltd.

Technology / Communication EquipmentShenzhen

$1130.00

-31.16 (-2.68%)

Fairly Valued+0.0%Fair Value $1130.00Fund rank 30/100 · Data gapFallback financials|
SA 74/B
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 32% · confianza 25%

FCF escenarios

weak_data · normalized FCF $298.4M · quality 56.0/100

Data gap 30/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 38/100Data 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

74/100

B

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 · 300308.SZLocal privado en este navegador · Zhongji Innolight 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

$1.26T

P/E

88.6x

↑

EV/EBITDA

90.7x

↑

ROE

36.3%

↑

Gross Margin

42.0%

↑

Debt/Equity

0.06

↓
52-Week Range$1130
$89$1210

TradingView lightweight chart

300308.SZ price, volumen y niveles de valoración

Último $1,130Periodo +23412.3%
Fair value: $1,130

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

+58.3%

FCF CAGR

+70.0%

FCF margin

21.3%

FCF / Net income

0.75x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $38.24B · net income $10.80B · FCF $8.14B

2022-FY → 2025-FY

Gross margin

42.0%+12.7% pts

Operating margin

35.4%+19.8% pts

Net margin

28.2%+15.5% pts

FCF margin

21.3%+4.1% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$38.24B$38.24B$23.86B$10.72B$9.64B
Net Income$10.80B$10.80B$5.17B$2.17B$1.22B
EBITDA$14.51B$14.51B$6.76B$3.01B$1.87B
EPS9.719.714.631.971.10
Gross Margin42.0%42.0%33.8%33.0%29.3%
Operating Margin35.4%35.4%25.1%21.0%15.6%
Net Margin28.2%28.2%21.7%20.3%12.7%
Balance Sheet
Debt/Equity0.060.060.140.070.17
Current Ratio2.462.46———
Cash Flow
Free Cash Flow$8.14B$8.14B$298.4M$192.7M$1.66B
Returns
ROE36.3%36.3%27.0%15.2%10.2%
Valuation
P/E88.6188.6126.5750.7825.84
EV/EBITDA90.6890.6819.9835.8416.44
P/B44.5244.527.187.742.65
Growth & Yield
Revenue Growth60.3%60.3%122.6%11.2%—
EPS Growth109.7%109.7%135.0%79.1%—
Dividend Yield0.2%0.2%———

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

117.8%

muy exigente

EPS terminal req.

$100.27

Spread vs growth

-8.0%

5Y implied EPS CAGR

65.7%

muy exigente

EPS terminal req.

$121.33

Spread vs growth

44.0%

10Y implied EPS CAGR

35.0%

muy exigente

EPS terminal req.

$195.40

Spread vs growth

74.7%

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 +1086.1%

Total return

+1086.1%

Start / end P/E

20.6x → 116.4x

EPS bridge

4.63 → 9.71

Residual

+510.8%

EPS growth+109.7%
Multiple rerating+465.5%
Dividend+0.2%
Residual / FX / buybacks / cross-term+510.8%

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.