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600868.SS$3.48-0.57%
Fair $3.48+0.0%

600868.SS

Guangdong Meiyanjixiang Hydropower Co.,Ltd.

Utilities / Utilities - RenewableShanghai

$3.48

-0.02 (-0.57%)

Fairly Valued+0.0%Fair Value $3.48Fund rank 33/100 · Data gapFallback financials|
SA 27/D
F-Score: 3/9
Margin CompressionLow 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 23% · confianza 25%

FCF escenarios

weak_data · normalized FCF $65.5M · quality 69.3/100

Data gap 33/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 65/100Data 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

27/100

D

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. Operating margin has declined for 3 consecutive years ROE is -5.2%, below the 5% threshold
Thesis & Journal · 600868.SSLocal privado en este navegador · Guangdong Meiyanjixiang Hydropower 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

$6.6B

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-5.2%

↓

Gross Margin

18.0%

↓

Debt/Equity

0.19

↓
52-Week Range$3
$3$5

TradingView lightweight chart

600868.SS price, volumen y niveles de valoración

Último $3.480Periodo +66.3%
Fair value: $3.480

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

-8.7%

FCF CAGR

-13.3%

FCF margin

11.7%

FCF / Net income

-0.45x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $369.4M · net income $-97.1M · FCF $43.4M

2022-FY → 2025-FY

Gross margin

18.0%-17.1% pts

Operating margin

-7.9%-30.5% pts

Net margin

-26.3%-38.5% pts

FCF margin

11.7%-2.0% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$369.4M$369.4M$357.3M$313.7M$484.9M
Net Income$-97.1M$-97.1M$-82.8M$-100.3M$59.0M
EBITDA$-70.2M$-70.2M$8.2M$-9.9M$178.5M
EPS-0.05-0.05-0.04-0.050.03
Gross Margin18.0%18.0%26.6%39.0%35.1%
Operating Margin-7.9%-7.9%1.2%15.8%22.6%
Net Margin-26.3%-26.3%-23.2%-32.0%12.2%
Balance Sheet
Debt/Equity0.190.190.080.070.06
Current Ratio2.142.14———
Cash Flow
Free Cash Flow$43.4M$43.4M$65.5M$70.7M$66.5M
Returns
ROE-5.2%-5.2%-3.8%-4.4%2.5%
Valuation
P/E————86.82
EV/EBITDA——530.82—27.76
P/B3.613.612.202.092.13
Growth & Yield
Revenue Growth3.4%3.4%13.9%-35.3%—
EPS Growth-14.2%-14.2%17.0%-269.8%—

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

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 +18.8%

Total return

+18.8%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.04 → -0.05

Residual

+18.8%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+18.8%

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.