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600455.SS$27.42-2.81%
Fair $27.42+0.0%

600455.SS

But'one Information Corporation,Xi'an

Technology / Software - ApplicationShanghai

$27.42

-0.77 (-2.81%)

Fairly Valued+0.0%Fair Value $27.42Fund rank 23/100 · Data gapFallback financials|
SA 42/C
F-Score: 6/9

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 17%

FCF escenarios

weak_data · normalized FCF $-62.1M · quality 39.7/100

Data gap 23/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 3/100Data 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

42/100

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: 0unknown: 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.
Thesis & Journal · 600455.SSLocal privado en este navegador · But'one Information Corporation,Xi'an
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

$1.7B

P/E

36.5x

↑

EV/EBITDA

16.7x

↑

ROE

13.7%

↑

Gross Margin

55.3%

↑

Debt/Equity

0.54

↑
52-Week Range$27
$24$30

TradingView lightweight chart

600455.SS price, volumen y niveles de valoración

Último $26.65Periodo +45.8%
Fair value: $27.42

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

+8.1%

FCF CAGR

—

FCF margin

-27.9%

FCF / Net income

-1.88x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $299.8M · net income $44.4M · FCF $-83.6M

2022-FY → 2025-FY

Gross margin

55.3%+4.2% pts

Operating margin

22.6%+5.6% pts

Net margin

14.8%+3.7% pts

FCF margin

-27.9%-61.6% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$299.8M$299.8M$287.0M$262.9M$237.5M
Net Income$44.4M$44.4M$32.6M$24.7M$26.3M
EBITDA$92.9M$92.9M$100.0M$86.9M$88.8M
EPS0.710.710.520.400.42
Gross Margin55.3%55.3%51.9%51.2%51.2%
Operating Margin22.6%22.6%18.2%14.5%17.0%
Net Margin14.8%14.8%11.3%9.4%11.1%
Balance Sheet
Debt/Equity0.540.540.16——
Current Ratio0.290.29———
Cash Flow
Free Cash Flow$-83.6M$-83.6M$-19.6M$-62.1M$80.0M
Returns
ROE13.7%13.7%11.6%10.0%11.8%
Valuation
P/E36.5136.5136.8063.8954.83
EV/EBITDA16.7416.7410.0115.6912.87
P/B5.125.124.276.376.45
Growth & Yield
Revenue Growth4.5%4.5%9.2%10.7%—
EPS Growth36.4%36.4%31.6%-5.9%—

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

50.7%

muy exigente

EPS terminal req.

$2.43

Spread vs growth

-14.3%

5Y implied EPS CAGR

32.9%

muy exigente

EPS terminal req.

$2.94

Spread vs growth

3.5%

10Y implied EPS CAGR

20.9%

exigente

EPS terminal req.

$4.74

Spread vs growth

15.5%

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 +3.8%

Total return

+3.8%

Start / end P/E

49.3x → 37.5x

EPS bridge

0.52 → 0.71

Residual

-8.7%

EPS growth+36.4%
Multiple rerating-23.9%
Dividend+0.0%
Residual / FX / buybacks / cross-term-8.7%

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.