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600780.SS$7.86+1.81%
Fair $7.86+0.0%

600780.SS

Top Energy Company Ltd.Shanxi

Utilities / Utilities - Regulated ElectricShanghai

$7.86

+0.14 (+1.81%)

Fairly Valued+0.0%Fair Value $7.86Fund rank 36/100 · Data gapFallback financials|
SA 68/B
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 24% · confianza 25%

FCF escenarios

weak_data · normalized FCF $526.1M · quality 79.3/100

Data gap 36/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 73/100Data 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

68/100

B

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 · 600780.SSLocal privado en este navegador · Top Energy Company Ltd.Shanxi
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

$9.0B

P/E

13.8x

↓

EV/EBITDA

4.6x

↓

ROE

7.7%

↑

Gross Margin

10.1%

↓

Debt/Equity

0.12

↓
52-Week Range$8
$6$8

TradingView lightweight chart

600780.SS price, volumen y niveles de valoración

Último $7.860Periodo +247.8%
Fair value: $7.860

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

+0.4%

FCF CAGR

-15.8%

FCF margin

3.9%

FCF / Net income

0.68x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $11.26B · net income $648.2M · FCF $438.0M

2022-FY → 2025-FY

Gross margin

10.1%-1.5% pts

Operating margin

6.0%-0.9% pts

Net margin

5.8%-1.9% pts

FCF margin

3.9%-2.7% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$11.26B$11.26B$10.83B$10.89B$11.12B
Net Income$648.2M$648.2M$512.7M$679.8M$854.7M
EBITDA$1.57B$1.57B$1.44B$1.60B$1.77B
EPS0.570.570.450.590.75
Gross Margin10.1%10.1%8.6%9.9%11.6%
Operating Margin6.0%6.0%4.3%5.3%6.9%
Net Margin5.8%5.8%4.7%6.2%7.7%
Balance Sheet
Debt/Equity0.120.120.060.080.10
Current Ratio1.731.73———
Cash Flow
Free Cash Flow$438.0M$438.0M$685.3M$526.1M$734.6M
Returns
ROE7.7%7.7%6.7%9.3%12.9%
Valuation
P/E13.7913.7911.4914.009.11
EV/EBITDA4.584.582.704.923.64
P/B1.081.080.771.291.18
Growth & Yield
Revenue Growth4.0%4.0%-0.5%-2.1%—
EPS Growth26.4%26.4%-24.6%-20.5%—

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

7.3%

razonable

EPS terminal req.

$0.70

Spread vs growth

19.2%

5Y implied EPS CAGR

8.3%

razonable

EPS terminal req.

$0.84

Spread vs growth

18.1%

10Y implied EPS CAGR

9.2%

razonable

EPS terminal req.

$1.36

Spread vs growth

17.2%

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 +31.2%

Total return

+31.2%

Start / end P/E

13.4x → 13.9x

EPS bridge

0.45 → 0.57

Residual

+1.0%

EPS growth+26.4%
Multiple rerating+3.8%
Dividend+0.0%
Residual / FX / buybacks / cross-term+1.0%

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.