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600892.SS$3.99+0.50%
Fair $3.99+0.0%

600892.SS

Dasheng Times Cultural Investment Co., Ltd.

Communication Services / EntertainmentShanghai

$3.99

+0.02 (+0.50%)

Fairly Valued+0.0%Fair Value $3.99Fund rank 26/100 · Data gapFallback financials|
SA 30/D
F-Score: 2/9
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 34% · confianza 18%

FCF escenarios

weak_data · normalized FCF $-95.4M · quality 44.0/100

Data gap 26/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 27/100Data 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

30/100

D

Piotroski

2/9

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 -3.2%, below the 5% threshold
Thesis & Journal · 600892.SSLocal privado en este navegador · Dasheng Times Cultural Investment 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

$2.2B

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-321.4%

↓

Gross Margin

71.5%

↑

Debt/Equity

1.86

↑
52-Week Range$4
$3$4

TradingView lightweight chart

600892.SS price, volumen y niveles de valoración

Último $3.990Periodo +36.6%
Fair value: $3.990

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

+17.0%

FCF CAGR

—

FCF margin

-55.2%

FCF / Net income

2.27x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $333.4M · net income $-81.2M · FCF $-184.1M

2022-FY → 2025-FY

Gross margin

71.5%-19.5% pts

Operating margin

-33.0%-39.9% pts

Net margin

-24.3%-35.7% pts

FCF margin

-55.2%-67.0% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$333.4M$333.4M$166.8M$227.4M$208.1M
Net Income$-81.2M$-81.2M$-63.7M$-19.3M$23.7M
EBITDA$-86.4M$-86.4M$-64.4M$-15.1M$37.8M
EPS-0.15-0.15-0.11-0.030.04
Gross Margin71.5%71.5%89.5%85.9%90.9%
Operating Margin-33.0%-33.0%-16.1%-14.7%6.9%
Net Margin-24.3%-24.3%-38.2%-8.5%11.4%
Balance Sheet
Debt/Equity1.861.860.200.140.19
Current Ratio0.760.76———
Cash Flow
Free Cash Flow$-184.1M$-184.1M$-95.4M$-58.6M$24.5M
Returns
ROE-321.4%-321.4%-83.4%-13.7%13.4%
Valuation
P/E————128.75
EV/EBITDA————80.10
P/B85.5085.5025.9927.8717.24
Growth & Yield
Revenue Growth99.9%99.9%-26.6%9.3%—
EPS Growth-36.4%-36.4%-266.7%-175.0%—

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 +31.7%

Total return

+31.7%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.11 → -0.15

Residual

+31.7%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+31.7%

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.