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603138.SS$17.69+10.01%
Fair $17.69+0.0%

603138.SS

Beijing Vastdata Technology Co., Ltd.

Technology / Information Technology ServicesShanghai

$17.69

+1.61 (+10.01%)

Fairly Valued+0.0%Fair Value $17.69Fund rank 33/100 · Data gapFallback financials|
SA 31/D
F-Score: 7/9
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 33% · confianza 25%

FCF escenarios

weak_data · normalized FCF $-91.3M · quality 78.7/100

Data gap 33/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 45/100Data 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

31/100

D

Piotroski

7/9

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. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. ROE is -5.6%, below the 5% threshold
Thesis & Journal · 603138.SSLocal privado en este navegador · Beijing Vastdata 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

$5.2B

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-5.6%

↓

Gross Margin

45.7%

↑

Debt/Equity

0.01

↓
52-Week Range$18
$13$25

TradingView lightweight chart

603138.SS price, volumen y niveles de valoración

Último $17.69Periodo +275.9%
Fair value: $17.69

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

+19.1%

FCF CAGR

—

FCF margin

-11.8%

FCF / Net income

1.28x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $512.0M · net income $-47.2M · FCF $-60.6M

2022-FY → 2025-FY

Gross margin

45.7%+9.8% pts

Operating margin

-11.2%+20.4% pts

Net margin

-9.2%+11.8% pts

FCF margin

-11.8%+17.1% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$512.0M$512.0M$372.5M$261.8M$302.9M
Net Income$-47.2M$-47.2M$-63.3M$-81.2M$-63.8M
EBITDA$-18.6M$-18.6M$-36.9M$-89.5M$-65.3M
EPS-0.17-0.17-0.22-0.29-0.22
Gross Margin45.7%45.7%37.5%39.3%35.9%
Operating Margin-11.2%-11.2%-18.7%-47.9%-31.6%
Net Margin-9.2%-9.2%-17.0%-31.0%-21.1%
Balance Sheet
Debt/Equity0.010.010.010.000.01
Current Ratio3.183.18———
Cash Flow
Free Cash Flow$-60.6M$-60.6M$-96.7M$-91.3M$-87.5M
Returns
ROE-5.6%-5.6%-7.8%-9.9%-7.2%
Valuation
P/B6.176.174.435.677.64
Growth & Yield
Revenue Growth37.5%37.5%42.3%-13.6%—
EPS Growth22.7%22.7%24.1%-31.8%—

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 +26.5%

Total return

+26.5%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.22 → -0.17

Residual

+26.5%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+26.5%

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.