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600123.SS$7.12+3.94%
Fair $7.12+0.0%

600123.SS

Shanxi Lanhua Sci-Tech Venture Co.,Ltd

Energy / Thermal CoalShanghai

$7.12

+0.27 (+3.94%)

Fairly Valued+0.0%Fair Value $7.12Fund rank 28/100 · Data gapFallback financials|
SA 27/D
F-Score: 1/9
Declining RevenueMargin CompressionLow 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 18%

FCF escenarios

weak_data · normalized FCF $1.4B · quality 45.3/100

Data gap 28/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 31/100Data 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

27/100

D

Piotroski

1/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 3unknown: 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 3 consecutive years Operating margin has declined for 3 consecutive years ROE is -3.6%, below the 5% threshold
Thesis & Journal · 600123.SSLocal privado en este navegador · Shanxi Lanhua Sci-Tech Venture 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

$10.5B

P/E

N/A

•

EV/EBITDA

16.7x

↑

ROE

-3.6%

↓

Gross Margin

18.9%

↓

Debt/Equity

0.97

↑
52-Week Range$7
$6$8

TradingView lightweight chart

600123.SS price, volumen y niveles de valoración

Último $7.120Periodo +313.4%
Fair value: $7.120

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

-16.8%

FCF CAGR

—

FCF margin

-104.5%

FCF / Net income

15.76x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $8.14B · net income $-539.9M · FCF $-8.51B

2022-FY → 2025-FY

Gross margin

18.9%-35.6% pts

Operating margin

-6.5%-42.2% pts

Net margin

-6.6%-29.4% pts

FCF margin

-104.5%-141.2% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$8.14B$8.14B$11.70B$13.28B$14.16B
Net Income$-539.9M$-539.9M$717.7M$2.10B$3.22B
EBITDA$1.25B$1.25B$3.07B$4.86B$6.23B
EPS-0.37-0.370.481.412.17
Gross Margin18.9%18.9%26.1%41.7%54.5%
Operating Margin-6.5%-6.5%7.8%24.8%35.7%
Net Margin-6.6%-6.6%6.1%15.8%22.8%
Balance Sheet
Debt/Equity0.970.970.500.490.55
Current Ratio0.630.63———
Cash Flow
Free Cash Flow$-8.51B$-8.51B$1.42B$2.04B$5.19B
Returns
ROE-3.6%-3.6%4.5%12.6%20.8%
Valuation
P/E——15.968.234.84
EV/EBITDA16.7216.724.394.093.01
P/B0.690.690.721.041.01
Growth & Yield
Revenue Growth-30.4%-30.4%-11.9%-6.2%—
EPS Growth-175.7%-175.7%-65.7%-34.9%—
Dividend Yield2.1%2.1%———

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 +7.3%

Total return

+7.3%

Start / end P/E

n/dx → n/dx

EPS bridge

0.48 → -0.37

Residual

+5.2%

EPS growthn/d
Multiple reratingn/d
Dividend+2.1%
Residual / FX / buybacks / cross-term+5.2%

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.