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603199.SS$32.91-1.47%
Fair $32.91+0.0%

603199.SS

Anhui Jiuhuashan Tourism Development Co., Ltd.

Consumer Cyclical / Travel ServicesShanghai

$32.91

-0.49 (-1.47%)

Fairly Valued+0.0%Fair Value $32.91Fund rank 31/100 · Data gapFallback financials|
SA 45/C
F-Score: 7/9

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 24%

FCF escenarios

weak_data · normalized FCF $127.3M · quality 51.3/100

Data gap 31/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 35/100Data 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

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: 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 · 603199.SSLocal privado en este navegador · Anhui Jiuhuashan Tourism Development 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

$3.6B

P/E

17.1x

↑

EV/EBITDA

9.2x

↑

ROE

12.9%

↑

Gross Margin

49.9%

↑

Debt/Equity

0.01

↓
52-Week Range$33
$32$46

TradingView lightweight chart

603199.SS price, volumen y niveles de valoración

Último $32.91Periodo +89.1%
Fair value: $32.91

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

+38.3%

FCF CAGR

—

FCF margin

11.4%

FCF / Net income

0.47x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $878.6M · net income $212.8M · FCF $100.2M

2022-FY → 2025-FY

Gross margin

49.9%+23.4% pts

Operating margin

31.1%+34.5% pts

Net margin

24.2%+28.4% pts

FCF margin

11.4%+37.8% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$878.6M$878.6M$764.4M$723.6M$332.0M
Net Income$212.8M$212.8M$186.0M$174.7M$-13.7M
EBITDA$372.1M$372.1M$328.8M$308.0M$59.3M
EPS1.921.921.681.58-0.12
Gross Margin49.9%49.9%50.2%49.6%26.4%
Operating Margin31.1%31.1%30.7%30.6%-3.4%
Net Margin24.2%24.2%24.3%24.1%-4.1%
Balance Sheet
Debt/Equity0.010.010.010.000.00
Current Ratio2.772.77———
Cash Flow
Free Cash Flow$100.2M$100.2M$127.3M$134.0M$-87.5M
Returns
ROE12.9%12.9%12.3%12.3%-1.1%
Valuation
P/E17.0517.0520.3016.87—
EV/EBITDA9.229.2210.919.0048.73
P/B2.202.202.492.082.39
Growth & Yield
Revenue Growth14.9%14.9%5.6%117.9%—
EPS Growth14.3%14.3%6.3%1416.7%—
Dividend Yield2.3%2.3%———

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

15.0%

exigente

EPS terminal req.

$2.92

Spread vs growth

-0.7%

5Y implied EPS CAGR

13.0%

razonable

EPS terminal req.

$3.53

Spread vs growth

1.3%

10Y implied EPS CAGR

11.5%

razonable

EPS terminal req.

$5.69

Spread vs growth

2.8%

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 -12.1%

Total return

-12.1%

Start / end P/E

22.9x → 17.1x

EPS bridge

1.68 → 1.92

Residual

-3.6%

EPS growth+14.3%
Multiple rerating-25.1%
Dividend+2.3%
Residual / FX / buybacks / cross-term-3.6%

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.