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600280.SS$3.52+10.00%
Fair $3.52+0.0%

600280.SS

Nanjing Central Emporium (Group) Stocks Co., Ltd.

Consumer Cyclical / Department StoresShanghai

$3.52

+0.32 (+10.00%)

Fairly Valued+0.0%Fair Value $3.52Fund rank 23/100 · Data gapFallback financials|
SA 19/F
F-Score: 3/9
High DebtDeclining 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 26% · confianza 25%

FCF escenarios

weak_data · normalized FCF $312.1M · quality 40.0/100

Data gap 23/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 55/100Data 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

19/100

F

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: 3unknown: 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. Debt-to-Equity ratio is 21.27, above the 2.0 threshold Revenue has declined for 3 consecutive years ROE is -1.4%, below the 5% threshold
Thesis & Journal · 600280.SSLocal privado en este navegador · Nanjing Central Emporium (Group) Stocks 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

$4.0B

P/E

N/A

•

EV/EBITDA

45.3x

↑

ROE

-144.1%

↓

Gross Margin

53.8%

↑

Debt/Equity

21.27

↑
52-Week Range$4
$3$5

TradingView lightweight chart

600280.SS price, volumen y niveles de valoración

Último $3.520Periodo +98.5%
Fair value: $3.520

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

-5.1%

FCF CAGR

-1.6%

FCF margin

14.6%

FCF / Net income

-0.79x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $2.14B · net income $-393.0M · FCF $312.1M

2022-FY → 2025-FY

Gross margin

53.8%+0.6% pts

Operating margin

7.9%-6.7% pts

Net margin

-18.4%-17.4% pts

FCF margin

14.6%+1.5% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$2.14B$2.14B$2.30B$2.45B$2.50B
Net Income$-393.0M$-393.0M$-147.9M$-152.8M$-24.1M
EBITDA$212.5M$212.5M$446.8M$469.8M$607.3M
EPS-0.35-0.35-0.13-0.14-0.02
Gross Margin53.8%53.8%55.1%55.2%53.2%
Operating Margin7.9%7.9%15.8%16.4%14.6%
Net Margin-18.4%-18.4%-6.4%-6.2%-1.0%
Balance Sheet
Debt/Equity21.2721.279.287.596.79
Current Ratio0.510.51———
Cash Flow
Free Cash Flow$312.1M$312.1M$225.8M$462.2M$328.1M
Returns
ROE-144.1%-144.1%-21.4%-18.2%-2.4%
Valuation
EV/EBITDA45.2645.2623.4321.7616.50
P/B14.4914.496.424.853.55
Growth & Yield
Revenue Growth-7.0%-7.0%-6.2%-1.9%—
EPS Growth-169.2%-169.2%7.1%-600.0%—

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 +0.6%

Total return

+0.6%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.13 → -0.35

Residual

+0.6%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+0.6%

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.