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601908.SS$3.78-2.58%
Fair $3.78+0.0%

601908.SS

Beijing Jingyuntong Technology Co., Ltd.

Technology / Semiconductor Equipment & MaterialsShanghai

$3.78

-0.10 (-2.58%)

Fairly Valued+0.0%Fair Value $3.78Fund rank 24/100 · Data gapFallback financials|
SA 11/F
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 17%

FCF escenarios

weak_data · normalized FCF $70.8M · quality 40.0/100

Data gap 24/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 13/100Data 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

11/100

F

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 3 consecutive years ROE is -19.6%, below the 5% threshold
Thesis & Journal · 601908.SSLocal privado en este navegador · Beijing Jingyuntong Technology 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

$9.1B

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-19.6%

↓

Gross Margin

10.1%

↓

Debt/Equity

0.44

↑
52-Week Range$4
$3$5

TradingView lightweight chart

601908.SS price, volumen y niveles de valoración

Último $3.780Periodo -67.6%
Fair value: $3.780

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

-36.6%

FCF CAGR

—

FCF margin

26.9%

FCF / Net income

-0.57x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $3.11B · net income $-1.48B · FCF $838.2M

2022-FY → 2025-FY

Gross margin

10.1%-6.1% pts

Operating margin

3.6%-7.7% pts

Net margin

-47.6%-51.0% pts

FCF margin

26.9%+30.9% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$3.11B$3.11B$4.59B$10.50B$12.20B
Net Income$-1.48B$-1.48B$-2.36B$236.0M$423.5M
EBITDA$-218.3M$-218.3M$-1.15B$1.28B$1.74B
EPS-0.61-0.61-0.980.100.18
Gross Margin10.1%10.1%-14.3%12.5%16.2%
Operating Margin3.6%3.6%-21.7%7.8%11.3%
Net Margin-47.6%-47.6%-51.4%2.2%3.5%
Balance Sheet
Debt/Equity0.440.440.340.380.33
Current Ratio0.930.93———
Cash Flow
Free Cash Flow$838.2M$838.2M$-578.4M$70.8M$-489.8M
Returns
ROE-19.6%-19.6%-26.2%2.1%3.8%
Valuation
P/E———44.8038.22
EV/EBITDA———9.169.53
P/B1.211.210.740.931.45
Growth & Yield
Revenue Growth-32.2%-32.2%-56.3%-13.9%—
EPS Growth37.8%37.8%-1080.0%-44.4%—

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 +8.3%

Total return

+8.3%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.98 → -0.61

Residual

+8.3%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+8.3%

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.