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600846.SS$11.31+2.55%
Fair $11.31+0.0%

600846.SS

Shanghai Tongji Science&Technology Industrial Co.,Ltd

Industrials / Engineering & ConstructionShanghai

$11.31

+0.28 (+2.55%)

Fairly Valued+0.0%Fair Value $11.31Fund rank 30/100 · Data gapFallback financials|
SA 42/C
F-Score: 4/9

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 33% · confianza 20%

FCF escenarios

weak_data · normalized FCF $505.0M · quality 51.3/100

Data gap 30/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 33/100Data 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

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: 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 · 600846.SSLocal privado en este navegador · Shanghai Tongji Science&Technology Industrial 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

$7.1B

P/E

29.0x

↑

EV/EBITDA

13.2x

↑

ROE

6.4%

↑

Gross Margin

13.3%

↓

Debt/Equity

0.65

↑
52-Week Range$11
$9$18

TradingView lightweight chart

600846.SS price, volumen y niveles de valoración

Último $11.25Periodo +134.0%
Fair value: $11.31

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

+4.1%

FCF CAGR

-22.2%

FCF margin

20.9%

FCF / Net income

3.41x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $4.44B · net income $272.4M · FCF $928.1M

2022-FY → 2025-FY

Gross margin

13.3%-0.8% pts

Operating margin

5.8%-0.8% pts

Net margin

6.1%-2.8% pts

FCF margin

20.9%-29.1% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$4.44B$4.44B$4.17B$5.67B$3.94B
Net Income$272.4M$272.4M$406.1M$381.3M$352.3M
EBITDA$466.1M$466.1M$522.7M$545.2M$530.2M
EPS0.440.440.650.610.56
Gross Margin13.3%13.3%10.6%10.1%14.1%
Operating Margin5.8%5.8%4.3%4.5%6.6%
Net Margin6.1%6.1%9.7%6.7%8.9%
Balance Sheet
Debt/Equity0.650.650.580.400.32
Current Ratio1.501.50———
Cash Flow
Free Cash Flow$928.1M$928.1M$505.0M$-2.31B$1.97B
Returns
ROE6.4%6.4%10.0%10.0%9.9%
Valuation
P/E29.0029.0012.0914.9216.59
EV/EBITDA13.1913.199.179.224.77
P/B1.661.661.201.491.64
Growth & Yield
Revenue Growth6.4%6.4%-26.4%43.9%—
EPS Growth-32.3%-32.3%6.6%8.9%—
Dividend Yield1.8%1.8%———

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

31.6%

muy exigente

EPS terminal req.

$1.00

Spread vs growth

-63.9%

5Y implied EPS CAGR

22.5%

exigente

EPS terminal req.

$1.21

Spread vs growth

-54.8%

10Y implied EPS CAGR

16.1%

exigente

EPS terminal req.

$1.96

Spread vs growth

-48.4%

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 +21.7%

Total return

+21.7%

Start / end P/E

14.4x → 25.6x

EPS bridge

0.65 → 0.44

Residual

-24.9%

EPS growth-32.3%
Multiple rerating+77.2%
Dividend+1.8%
Residual / FX / buybacks / cross-term-24.9%

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.