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600488.SS$5.44-3.89%
Fair $5.44+0.0%

600488.SS

Tianjin Tianyao Pharmaceuticals Co., Ltd.

Healthcare / Drug Manufacturers - Specialty & GenericShanghai

$5.44

-0.22 (-3.89%)

Fairly Valued+0.0%Fair Value $5.44Fund rank 36/100 · Data gapFallback financials|
SA 48/C
F-Score: 3/9
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 $491.6M · quality 74.7/100

Data gap 36/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 67/100Data 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

48/100

C

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: 2unknown: 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. Revenue has declined for 2 consecutive years ROE is 2.3%, below the 5% threshold
Thesis & Journal · 600488.SSLocal privado en este navegador · Tianjin Tianyao Pharmaceuticals 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

$5.9B

P/E

272.0x

↑

EV/EBITDA

13.3x

↑

ROE

2.3%

↑

Gross Margin

40.9%

↓

Debt/Equity

0.24

↑
52-Week Range$5
$4$8

TradingView lightweight chart

600488.SS price, volumen y niveles de valoración

Último $5.440Periodo -7.4%
Fair value: $5.440

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

-7.6%

FCF CAGR

-43.7%

FCF margin

2.8%

FCF / Net income

1.14x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $2.91B · net income $70.6M · FCF $80.6M

2022-FY → 2025-FY

Gross margin

40.9%-8.2% pts

Operating margin

10.4%+3.7% pts

Net margin

2.4%+1.5% pts

FCF margin

2.8%-9.5% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$2.91B$2.91B$3.22B$3.78B$3.69B
Net Income$70.6M$70.6M$133.5M$117.1M$35.4M
EBITDA$438.3M$438.3M$552.2M$476.0M$317.8M
EPS0.070.070.120.110.03
Gross Margin40.9%40.9%45.4%46.4%49.1%
Operating Margin10.4%10.4%9.8%6.5%6.7%
Net Margin2.4%2.4%4.2%3.1%1.0%
Balance Sheet
Debt/Equity0.240.24———
Current Ratio2.082.08———
Cash Flow
Free Cash Flow$80.6M$80.6M$491.6M$649.9M$451.3M
Returns
ROE2.3%2.3%4.4%4.0%1.2%
Valuation
P/E272.00272.0033.8546.26140.31
EV/EBITDA13.2713.277.039.8713.60
P/B1.951.951.481.831.67
Growth & Yield
Revenue Growth-9.6%-9.6%-15.0%2.5%—
EPS Growth-46.7%-46.7%14.0%234.4%—
Dividend Yield1.7%1.7%———

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

95.1%

muy exigente

EPS terminal req.

$0.48

Spread vs growth

-141.8%

5Y implied EPS CAGR

55.1%

muy exigente

EPS terminal req.

$0.58

Spread vs growth

-101.9%

10Y implied EPS CAGR

30.6%

muy exigente

EPS terminal req.

$0.94

Spread vs growth

-77.4%

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 +31.9%

Total return

+31.9%

Start / end P/E

34.3x → 83.7x

EPS bridge

0.12 → 0.07

Residual

-67.4%

EPS growth-46.7%
Multiple rerating+144.3%
Dividend+1.7%
Residual / FX / buybacks / cross-term-67.4%

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.