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600381.SS$5.39-2.00%
Fair $5.39+0.0%

600381.SS

Qinghai Spring Medicinal Resources Technology Co., Ltd.

Healthcare / Drug Manufacturers - Specialty & GenericShanghai

$5.39

-0.11 (-2.00%)

Fairly Valued+0.0%Fair Value $5.39Fund rank 26/100 · Data gapFallback financials|
SA 46/C
F-Score: 6/9
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 $10.4M · quality 45.7/100

Data gap 26/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 15/100Data 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

46/100

C

Piotroski

6/9

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 -3.7%, below the 5% threshold
Thesis & Journal · 600381.SSLocal privado en este navegador · Qinghai Spring Medicinal Resources Technology 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

$3.2B

P/E

N/A

•

EV/EBITDA

23356.2x

↑

ROE

-3.7%

↓

Gross Margin

41.5%

↓

Debt/Equity

0.00

↓
52-Week Range$5
$2$6

TradingView lightweight chart

600381.SS price, volumen y niveles de valoración

Último $5.390Periodo -68.7%
Fair value: $5.390

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

+28.9%

FCF CAGR

—

FCF margin

-9.6%

FCF / Net income

0.88x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $343.4M · net income $-37.3M · FCF $-33.0M

2022-FY → 2025-FY

Gross margin

41.5%-4.6% pts

Operating margin

0.3%+80.3% pts

Net margin

-10.9%+168.7% pts

FCF margin

-9.6%+10.8% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$343.4M$343.4M$270.3M$213.9M$160.2M
Net Income$-37.3M$-37.3M$-198.8M$-267.9M$-287.5M
EBITDA$116040.50$116040.50$-170.7M$-231.8M$-253.7M
EPS-0.07-0.07-0.34-0.46-0.49
Gross Margin41.5%41.5%27.2%61.2%46.1%
Operating Margin0.3%0.3%-51.2%-50.4%-80.0%
Net Margin-10.9%-10.9%-73.5%-125.2%-179.5%
Balance Sheet
Debt/Equity0.000.000.010.010.00
Current Ratio12.3912.39———
Cash Flow
Free Cash Flow$-33.0M$-33.0M$76.0M$10.4M$-32.6M
Returns
ROE-3.7%-3.7%-19.2%-21.2%-18.8%
Valuation
EV/EBITDA23356.1723356.17———
P/B2.892.892.063.524.30
Growth & Yield
Revenue Growth27.1%27.1%26.4%33.5%—
EPS Growth79.4%79.4%26.1%6.1%—

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 +41.5%

Total return

+41.5%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.34 → -0.07

Residual

+41.5%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+41.5%

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.