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600903.SS$9.82+5.03%
Fair $9.82+0.0%

600903.SS

Guizhou Gas Group Corporation Ltd.

Utilities / Utilities - Regulated GasShanghai

$9.82

+0.47 (+5.03%)

Fairly Valued+0.0%Fair Value $9.82Fund rank 22/100 · Data gapFallback financials|
SA 40/C
F-Score: 3/9
Low 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 $-177.8M · quality 44.3/100

Data gap 22/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 25/100Data 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

40/100

C

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: 1unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific commodity mid-cycle model required: targets are disabled until normalized cycle price/cost-curve/reserve data exists. ROE is 1.5%, below the 5% threshold
Thesis & Journal · 600903.SSLocal privado en este navegador · Guizhou Gas Group Corporation 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

$11.3B

P/E

140.3x

↑

EV/EBITDA

24.3x

↑

ROE

1.5%

↓

Gross Margin

14.2%

↓

Debt/Equity

1.95

↑
52-Week Range$10
$6$11

TradingView lightweight chart

600903.SS price, volumen y niveles de valoración

Último $9.820Periodo +292.8%
Fair value: $9.820

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

+2.5%

FCF CAGR

—

FCF margin

-2.7%

FCF / Net income

-3.77x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $6.64B · net income $47.1M · FCF $-177.8M

2022-FY → 2025-FY

Gross margin

14.2%+1.6% pts

Operating margin

6.0%+1.2% pts

Net margin

0.7%+0.3% pts

FCF margin

-2.7%+5.8% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$6.64B$6.64B$6.68B$6.10B$6.16B
Net Income$47.1M$47.1M$62.5M$78.1M$25.5M
EBITDA$705.0M$705.0M$676.1M$715.9M$547.2M
EPS0.040.040.050.070.02
Gross Margin14.2%14.2%14.3%15.4%12.6%
Operating Margin6.0%6.0%6.3%7.0%4.8%
Net Margin0.7%0.7%0.9%1.3%0.4%
Balance Sheet
Debt/Equity1.951.951.761.601.67
Current Ratio0.730.73———
Cash Flow
Free Cash Flow$-177.8M$-177.8M$-461.1M$-169.3M$-524.2M
Returns
ROE1.5%1.5%2.0%2.5%0.9%
Valuation
P/E140.29140.29146.80110.00396.00
EV/EBITDA24.2924.2920.9817.9725.65
P/B3.713.712.932.743.44
Growth & Yield
Revenue Growth-0.6%-0.6%9.6%-1.1%—
EPS Growth-20.0%-20.0%-28.6%250.0%—
Dividend Yield0.4%0.4%———

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

179.3%

muy exigente

EPS terminal req.

$0.87

Spread vs growth

-199.3%

5Y implied EPS CAGR

92.4%

muy exigente

EPS terminal req.

$1.05

Spread vs growth

-112.4%

10Y implied EPS CAGR

45.5%

muy exigente

EPS terminal req.

$1.70

Spread vs growth

-65.5%

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 +40.2%

Total return

+40.2%

Start / end P/E

140.4x → 245.5x

EPS bridge

0.05 → 0.04

Residual

-15.0%

EPS growth-20.0%
Multiple rerating+74.9%
Dividend+0.4%
Residual / FX / buybacks / cross-term-15.0%

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.