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600425.SS$3.74-1.06%
Fair $3.74+0.0%

600425.SS

Xinjiang Qingsong Building Materials and Chemicals Group Co., Ltd.

Basic Materials / Building MaterialsShanghai

$3.74

-0.04 (-1.06%)

Fairly Valued+0.0%Fair Value $3.74Fund rank 32/100 · Data gapFallback financials|
SA 44/C
F-Score: 4/9
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 25% · confianza 25%

FCF escenarios

weak_data · normalized FCF $243.1M · quality 64.3/100

Data gap 32/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 50/100Data 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

44/100

C

Piotroski

4/9

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 4.3%, below the 5% threshold
Thesis & Journal · 600425.SSLocal privado en este navegador · Xinjiang Qingsong Building Materials and Chemicals Group 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

$6.0B

P/E

19.7x

↑

EV/EBITDA

7.5x

↓

ROE

4.3%

↑

Gross Margin

23.4%

↑

Debt/Equity

0.19

↓
52-Week Range$4
$4$5

TradingView lightweight chart

600425.SS price, volumen y niveles de valoración

Último $3.740Periodo +39.2%
Fair value: $3.740

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

+1.3%

FCF CAGR

+79.0%

FCF margin

7.2%

FCF / Net income

1.01x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $3.88B · net income $276.4M · FCF $278.7M

2022-FY → 2025-FY

Gross margin

23.4%-3.1% pts

Operating margin

11.4%-3.5% pts

Net margin

7.1%-4.0% pts

FCF margin

7.2%+5.9% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$3.88B$3.88B$4.33B$4.49B$3.74B
Net Income$276.4M$276.4M$353.7M$463.4M$415.5M
EBITDA$815.1M$815.1M$869.7M$961.5M$896.6M
EPS0.170.170.220.290.30
Gross Margin23.4%23.4%23.5%24.8%26.6%
Operating Margin11.4%11.4%12.8%16.4%14.9%
Net Margin7.1%7.1%8.2%10.3%11.1%
Balance Sheet
Debt/Equity0.190.190.250.300.38
Current Ratio1.671.67———
Cash Flow
Free Cash Flow$278.7M$278.7M$95.6M$243.1M$48.6M
Returns
ROE4.3%4.3%5.5%7.4%7.9%
Valuation
P/E19.6819.6816.7713.4112.57
EV/EBITDA7.547.547.166.756.90
P/B0.940.940.931.000.99
Growth & Yield
Revenue Growth-10.3%-10.3%-3.6%20.0%—
EPS Growth-22.7%-22.7%-24.1%-3.3%—
Dividend Yield2.7%2.7%———

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

Margins (%)

Returns (%)

Leverage & Liquidity

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

3Y implied EPS CAGR

25.0%

exigente

EPS terminal req.

$0.33

Spread vs growth

-47.7%

5Y implied EPS CAGR

18.8%

exigente

EPS terminal req.

$0.40

Spread vs growth

-41.5%

10Y implied EPS CAGR

14.3%

razonable

EPS terminal req.

$0.65

Spread vs growth

-37.0%

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 +0.9%

Total return

+0.9%

Start / end P/E

17.3x → 22.0x

EPS bridge

0.22 → 0.17

Residual

-6.1%

EPS growth-22.7%
Multiple rerating+27.0%
Dividend+2.7%
Residual / FX / buybacks / cross-term-6.1%

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.