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300332.SZ$5.07-1.36%
Fair $5.07+0.0%

300332.SZ

Top Resource Energy Co., Ltd.

Utilities / Utilities - Regulated GasShenzhen

$5.07

-0.07 (-1.36%)

Fairly Valued+0.0%Fair Value $5.07Fund rank 28/100 · Data gapFallback financials|
SA 20/D
F-Score: 3/9
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 33% · confianza 19%

FCF escenarios

weak_data · normalized FCF $136.8M · quality 46.0/100

Data gap 28/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 24/100Data 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

20/100

D

Piotroski

3/9

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. Sector-specific commodity mid-cycle model required: targets are disabled until normalized cycle price/cost-curve/reserve data exists. Revenue has declined for 2 consecutive years ROE is -7.1%, below the 5% threshold
Thesis & Journal · 300332.SZLocal privado en este navegador · Top Resource Energy 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

$4.4B

P/E

N/A

•

EV/EBITDA

545.9x

↑

ROE

-7.1%

↓

Gross Margin

18.9%

↓

Debt/Equity

0.40

↓
52-Week Range$5
$5$8

TradingView lightweight chart

300332.SZ price, volumen y niveles de valoración

Último $5.070Periodo -7.2%
Fair value: $5.070

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

-12.5%

FCF CAGR

—

FCF margin

-7.0%

FCF / Net income

0.64x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $2.57B · net income $-280.3M · FCF $-179.3M

2022-FY → 2025-FY

Gross margin

18.9%-5.4% pts

Operating margin

12.1%-6.3% pts

Net margin

-10.9%-20.4% pts

FCF margin

-7.0%-11.0% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$2.57B$2.57B$3.84B$4.52B$3.84B
Net Income$-280.3M$-280.3M$124.8M$240.0M$365.8M
EBITDA$8.7M$8.7M$378.2M$698.2M$798.6M
EPS-0.32-0.320.150.280.42
Gross Margin18.9%18.9%12.3%17.9%24.4%
Operating Margin12.1%12.1%6.7%13.6%18.4%
Net Margin-10.9%-10.9%3.2%5.3%9.5%
Balance Sheet
Debt/Equity0.400.400.300.310.35
Current Ratio0.590.59———
Cash Flow
Free Cash Flow$-179.3M$-179.3M$195.9M$136.8M$155.8M
Returns
ROE-7.1%-7.1%3.0%5.7%9.1%
Valuation
P/E——33.8028.7129.00
EV/EBITDA545.94545.9411.569.6712.85
P/B1.131.131.001.642.64
Growth & Yield
Revenue Growth-33.1%-33.1%-15.0%17.7%—
EPS Growth-313.3%-313.3%-46.4%-33.3%—

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

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
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 +7.6%

Total return

+7.6%

Start / end P/E

n/dx → n/dx

EPS bridge

0.15 → -0.32

Residual

+7.6%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+7.6%

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.