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600960.SS$4.48-0.44%
Fair $4.48+0.0%

600960.SS

Bohai Automotive Systems CO., LTD.

Consumer Cyclical / Auto PartsShanghai

$4.48

-0.02 (-0.44%)

Fairly Valued+0.0%Fair Value $4.48Fund rank 25/100 · Data gapFallback financials|
SA 17/F
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 17%

FCF escenarios

weak_data · normalized FCF $73.2M · quality 40.3/100

Data gap 25/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 14/100Data 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

17/100

F

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 -36.4%, below the 5% threshold
Thesis & Journal · 600960.SSLocal privado en este navegador · Bohai Automotive Systems 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

$4.3B

P/E

26.4x

↑

EV/EBITDA

N/A

•

ROE

-36.4%

↓

Gross Margin

-2.7%

↓

Debt/Equity

0.58

↑
52-Week Range$4
$4$7

TradingView lightweight chart

600960.SS price, volumen y niveles de valoración

Último $4.480Periodo +15.3%
Fair value: $4.480

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2021–2024 · 3 años de histórico normalizado

Revenue CAGR

-1.4%

FCF CAGR

—

FCF margin

-3.0%

FCF / Net income

0.10x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $4.23B · net income $-1.26B · FCF $-125.0M

2021-FY → 2024-FY

Gross margin

-2.7%-13.4% pts

Operating margin

-15.3%-16.1% pts

Net margin

-29.9%-27.9% pts

FCF margin

-3.0%-2.0% pts
MetricTTM
2024
2023
2022
2021
Income Statement
Revenue$4.23B$4.23B$4.67B$4.10B$4.41B
Net Income$-1.26B$-1.26B$-198.8M$-62.3M$-90.1M
EBITDA$-854.4M$-854.4M$220.4M$348.6M$348.0M
EPS-1.33-1.33-0.21-0.07—
Gross Margin-2.7%-2.7%6.7%9.0%10.7%
Operating Margin-15.3%-15.3%-1.7%0.1%0.9%
Net Margin-29.9%-29.9%-4.3%-1.5%-2.0%
Balance Sheet
Debt/Equity0.580.580.390.370.32
Current Ratio1.441.44———
Cash Flow
Free Cash Flow$-125.0M$-125.0M$73.2M$81.4M$-43.2M
Returns
ROE-36.4%-36.4%-4.5%-1.4%-1.8%
Valuation
P/E26.3526.35———
EV/EBITDA——21.0511.5712.50
P/B1.231.230.830.730.76
Growth & Yield
Revenue Growth-9.5%-9.5%13.8%-7.1%—
EPS Growth-535.5%-535.5%-219.4%——

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

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
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 +7.2%

Total return

+7.2%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.21 → -1.33

Residual

+7.2%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+7.2%

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.