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600289.SS$6.32-1.10%
Fair $6.32+0.0%

600289.SS

Bright Oceans Inter-Telecom Corporation

Technology / Software - ApplicationShanghai

$6.32

-0.07 (-1.10%)

Fairly Valued+0.0%Fair Value $6.32Fund rank 26/100 · Data gapFallback financials|
SA 24/D
F-Score: 2/9
Low 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 $87.7M · quality 44.7/100

Data gap 26/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 17/100Data 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

24/100

D

Piotroski

2/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 1unknown: 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. ROE is -49.3%, below the 5% threshold
Thesis & Journal · 600289.SSLocal privado en este navegador · Bright Oceans Inter-Telecom Corporation
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

N/A

•

ROE

-49.3%

↓

Gross Margin

17.9%

↓

Debt/Equity

0.02

↓
52-Week Range$6
$5$9

TradingView lightweight chart

600289.SS price, volumen y niveles de valoración

Último $6.320Periodo -35.5%
Fair value: $6.320

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

+5.9%

FCF CAGR

—

FCF margin

28.2%

FCF / Net income

-0.19x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $310.7M · net income $-467.6M · FCF $87.7M

2022-FY → 2025-FY

Gross margin

17.9%-43.7% pts

Operating margin

-58.5%+21.1% pts

Net margin

-150.5%-16.5% pts

FCF margin

28.2%+37.0% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$310.7M$310.7M$320.3M$195.2M$261.3M
Net Income$-467.6M$-467.6M——$-350.0M
EBITDA$-444.4M$-444.4M$-71.6M$-1.02B$-319.6M
EPS-0.74-0.74-0.15-1.67-0.55
Gross Margin17.9%17.9%49.0%62.3%61.7%
Operating Margin-58.5%-58.5%-12.6%-90.7%-79.6%
Net Margin-150.5%-150.5%——-133.9%
Balance Sheet
Debt/Equity0.020.020.020.040.02
Current Ratio3.743.74———
Cash Flow
Free Cash Flow$87.7M$87.7M$132.8M$-219.8M$-22.9M
Returns
ROE-49.3%-49.3%——-25.0%
Valuation
P/B4.204.201.813.561.26
Growth & Yield
Revenue Growth-3.0%-3.0%64.0%-25.3%—
EPS Growth-383.7%-383.7%90.8%-200.3%—

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 +8.4%

Total return

+8.4%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.15 → -0.74

Residual

+8.4%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+8.4%

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.