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603037.SS$12.65-1.75%
Fair $12.65+0.0%

603037.SS

Shanghai Carthane Co.,Ltd.

Consumer Cyclical / Auto PartsShanghai

$12.65

-0.23 (-1.75%)

Fairly Valued+0.0%Fair Value $12.65Fund rank 29/100 · Data gapFallback financials|
SA 45/C
F-Score: 3/9

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 32% · confianza 23%

FCF escenarios

weak_data · normalized FCF $66.8M · quality 46.3/100

Data gap 29/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 32/100Data 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

45/100

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: 0unknown: 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.
Thesis & Journal · 603037.SSLocal privado en este navegador · Shanghai Carthane 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

$3.4B

P/E

46.9x

↑

EV/EBITDA

27.8x

↑

ROE

7.2%

↑

Gross Margin

28.5%

↓

Debt/Equity

0.35

↓
52-Week Range$13
$12$20

TradingView lightweight chart

603037.SS price, volumen y niveles de valoración

Último $12.94Periodo +69.0%
Fair value: $12.65

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

—

FCF margin

9.4%

FCF / Net income

1.05x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $823.5M · net income $73.6M · FCF $77.5M

2022-FY → 2025-FY

Gross margin

28.5%-4.2% pts

Operating margin

11.5%+0.4% pts

Net margin

8.9%-3.2% pts

FCF margin

9.4%+17.2% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$823.5M$823.5M$748.5M$739.4M$642.0M
Net Income$73.6M$73.6M$90.4M$91.8M$78.0M
EBITDA$116.9M$116.9M$133.2M$131.8M$114.3M
EPS0.280.280.340.350.30
Gross Margin28.5%28.5%33.4%34.3%32.7%
Operating Margin11.5%11.5%15.8%12.8%11.1%
Net Margin8.9%8.9%12.1%12.4%12.2%
Balance Sheet
Debt/Equity0.350.350.090.070.03
Current Ratio4.044.04———
Cash Flow
Free Cash Flow$77.5M$77.5M$66.8M$47.5M$-49.8M
Returns
ROE7.2%7.2%9.4%10.1%9.0%
Valuation
P/E46.8546.8528.1927.7821.28
EV/EBITDA27.7727.7717.9918.2412.97
P/B3.273.272.662.801.92
Growth & Yield
Revenue Growth10.0%10.0%1.2%15.2%—
EPS Growth-17.6%-17.6%-2.9%16.3%—
Dividend Yield1.9%1.9%———

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

58.9%

muy exigente

EPS terminal req.

$1.12

Spread vs growth

-76.5%

5Y implied EPS CAGR

37.1%

muy exigente

EPS terminal req.

$1.36

Spread vs growth

-54.8%

10Y implied EPS CAGR

22.8%

exigente

EPS terminal req.

$2.19

Spread vs growth

-40.5%

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 +2.2%

Total return

+2.2%

Start / end P/E

38.0x → 46.2x

EPS bridge

0.34 → 0.28

Residual

-3.8%

EPS growth-17.6%
Multiple rerating+21.7%
Dividend+1.9%
Residual / FX / buybacks / cross-term-3.8%

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.