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603348.SS$16.46-0.96%
Fair $16.46+0.0%

603348.SS

Wencan Group Co., Ltd.

Consumer Cyclical / Auto PartsShanghai

$16.46

-0.16 (-0.96%)

Fairly Valued+0.0%Fair Value $16.46Fund rank 26/100 · Data gapFallback financials|
SA 18/F
F-Score: 2/9
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 22%

FCF escenarios

weak_data · normalized FCF $-208.8M · quality 61.3/100

Data gap 26/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 28/100Data 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

18/100

F

Piotroski

2/9

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 -8.7%, below the 5% threshold
Thesis & Journal · 603348.SSLocal privado en este navegador · Wencan Group 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

17.8x

↑

ROE

-8.7%

↓

Gross Margin

10.8%

↓

Debt/Equity

0.66

↑
52-Week Range$16
$16$24

TradingView lightweight chart

603348.SS price, volumen y niveles de valoración

Último $16.46Periodo -60.6%
Fair value: $16.46

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

+4.2%

FCF CAGR

—

FCF margin

-3.5%

FCF / Net income

0.60x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $5.91B · net income $-348.0M · FCF $-208.8M

2022-FY → 2025-FY

Gross margin

10.8%-7.7% pts

Operating margin

3.9%-4.7% pts

Net margin

-5.9%-10.4% pts

FCF margin

-3.5%+3.7% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$5.91B$5.91B$6.25B$5.10B$5.23B
Net Income$-348.0M$-348.0M$115.1M$50.4M$237.6M
EBITDA$394.9M$394.9M$722.6M$594.2M$692.8M
EPS-1.11-1.110.410.190.90
Gross Margin10.8%10.8%12.7%14.3%18.5%
Operating Margin3.9%3.9%5.5%4.8%8.6%
Net Margin-5.9%-5.9%1.8%1.0%4.5%
Balance Sheet
Debt/Equity0.660.660.520.800.73
Current Ratio0.860.86———
Cash Flow
Free Cash Flow$-208.8M$-208.8M$-342.5M$-126.4M$-377.9M
Returns
ROE-8.7%-8.7%2.7%1.6%7.8%
Valuation
P/E——54.93183.1672.40
EV/EBITDA17.7717.7710.9119.0727.38
P/B1.301.301.492.875.65
Growth & Yield
Revenue Growth-5.4%-5.4%22.5%-2.4%—
EPS Growth-370.7%-370.7%115.8%-78.9%—
Dividend Yield1.8%1.8%———

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 -20.5%

Total return

-20.5%

Start / end P/E

n/dx → n/dx

EPS bridge

0.41 → -1.11

Residual

-22.4%

EPS growthn/d
Multiple reratingn/d
Dividend+1.8%
Residual / FX / buybacks / cross-term-22.4%

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.