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600857.SS$15.72+1.35%
Fair $15.72+0.0%

600857.SS

Ningbo Zhongbai Co., Ltd.

Consumer Cyclical / Department StoresShanghai

$15.72

+0.21 (+1.35%)

Fairly Valued+0.0%Fair Value $15.72Fund rank 23/100 · Data gapFallback financials|
SA 38/D
F-Score: 5/9
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 34% · confianza 15%

FCF escenarios

weak_data · normalized FCF $10.3M · quality 31.7/100

Data gap 23/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 18/100Data 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

38/100

D

Piotroski

5/9

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 3.7%, below the 5% threshold
Thesis & Journal · 600857.SSLocal privado en este navegador · Ningbo Zhongbai 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

$3.5B

P/E

71.5x

↑

EV/EBITDA

59.1x

↑

ROE

3.7%

↓

Gross Margin

12.1%

↓

Debt/Equity

N/A

•
52-Week Range$16
$9$19

TradingView lightweight chart

600857.SS price, volumen y niveles de valoración

Último $15.72Periodo +109.2%
Fair value: $15.72

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

-20.3%

FCF CAGR

+15.0%

FCF margin

2.2%

FCF / Net income

0.32x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $459.5M · net income $32.5M · FCF $10.3M

2022-FY → 2025-FY

Gross margin

12.1%+4.8% pts

Operating margin

3.1%+1.4% pts

Net margin

7.1%-32.8% pts

FCF margin

2.2%+1.5% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$459.5M$459.5M$827.3M$1.19B$907.1M
Net Income$32.5M$32.5M$-16.1M$60.7M$362.2M
EBITDA$50.6M$50.6M$18.1M$157.3M$26.6M
EPS0.150.15-0.070.271.61
Gross Margin12.1%12.1%7.1%20.4%7.3%
Operating Margin3.1%3.1%1.2%12.5%1.7%
Net Margin7.1%7.1%-1.9%5.1%39.9%
Balance Sheet
Current Ratio15.9615.96———
Cash Flow
Free Cash Flow$10.3M$10.3M$-33.0M$15.2M$6.8M
Returns
ROE3.7%3.7%-1.9%7.1%46.3%
Valuation
P/E71.4571.45—35.676.50
EV/EBITDA59.1259.1274.0910.9179.34
P/B3.933.932.102.543.01
Growth & Yield
Revenue Growth-44.5%-44.5%-30.5%31.2%—
EPS Growth314.3%314.3%-125.9%-83.2%—
Dividend Yield0.3%0.3%———

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

110.3%

muy exigente

EPS terminal req.

$1.39

Spread vs growth

204.0%

5Y implied EPS CAGR

62.3%

muy exigente

EPS terminal req.

$1.69

Spread vs growth

252.0%

10Y implied EPS CAGR

33.6%

muy exigente

EPS terminal req.

$2.72

Spread vs growth

280.7%

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 +55.2%

Total return

+55.2%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.07 → 0.15

Residual

+54.9%

EPS growthn/d
Multiple reratingn/d
Dividend+0.3%
Residual / FX / buybacks / cross-term+54.9%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

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.