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603206.SS$16.29-3.55%
Fair $16.29+0.0%

603206.SS

Bestlink Technologies Co.,Ltd.

Technology / Information Technology ServicesShanghai

$16.29

-0.60 (-3.55%)

Fairly Valued+0.0%Fair Value $16.29Fund rank 24/100 · Data gapFallback financials|
SA 31/D
F-Score: 3/9
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 $73.3M · quality 39.7/100

Data gap 24/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 9/100Data 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

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: 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 2.3%, below the 5% threshold
Thesis & Journal · 603206.SSLocal privado en este navegador · Bestlink Technologies 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

$5.0B

P/E

108.6x

↑

EV/EBITDA

52.2x

↑

ROE

2.3%

↓

Gross Margin

12.1%

↓

Debt/Equity

0.61

↑
52-Week Range$16
$15$23

TradingView lightweight chart

603206.SS price, volumen y niveles de valoración

Último $16.29Periodo -22.1%
Fair value: $16.29

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

+6.0%

FCF CAGR

—

FCF margin

8.7%

FCF / Net income

7.69x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $4.69B · net income $53.2M · FCF $409.2M

2022-FY → 2025-FY

Gross margin

12.1%-3.0% pts

Operating margin

3.3%-4.0% pts

Net margin

1.1%-4.3% pts

FCF margin

8.7%+16.7% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$4.69B$4.69B$4.48B$4.35B$3.93B
Net Income$53.2M$53.2M$69.4M$185.6M$213.5M
EBITDA$101.2M$101.2M$120.0M$245.7M$271.9M
EPS0.170.170.230.610.76
Gross Margin12.1%12.1%13.3%15.0%15.2%
Operating Margin3.3%3.3%4.4%7.0%7.3%
Net Margin1.1%1.1%1.5%4.3%5.4%
Balance Sheet
Debt/Equity0.610.610.460.200.11
Current Ratio1.351.35———
Cash Flow
Free Cash Flow$409.2M$409.2M$-998.0M$73.3M$-312.0M
Returns
ROE2.3%2.3%3.1%8.4%10.2%
Valuation
P/E108.60108.6066.5230.3020.61
EV/EBITDA52.2052.2042.8220.9615.06
P/B2.252.252.092.552.11
Growth & Yield
Revenue Growth4.6%4.6%3.0%10.7%—
EPS Growth-26.1%-26.1%-62.3%-19.7%—
Dividend Yield0.4%0.4%———

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

Margins (%)

Returns (%)

Leverage & Liquidity

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

3Y implied EPS CAGR

104.1%

muy exigente

EPS terminal req.

$1.45

Spread vs growth

-130.2%

5Y implied EPS CAGR

59.4%

muy exigente

EPS terminal req.

$1.75

Spread vs growth

-85.5%

10Y implied EPS CAGR

32.4%

muy exigente

EPS terminal req.

$2.82

Spread vs growth

-58.5%

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 -4.2%

Total return

-4.2%

Start / end P/E

74.2x → 95.8x

EPS bridge

0.23 → 0.17

Residual

-7.6%

EPS growth-26.1%
Multiple rerating+29.1%
Dividend+0.4%
Residual / FX / buybacks / cross-term-7.6%

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.