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603382.SS$21.59-1.86%
Fair $21.59+0.0%

603382.SS

Haiyang Technology Co., Ltd.

Basic Materials / Specialty ChemicalsShanghai

$21.59

-0.41 (-1.86%)

Fairly Valued+0.0%Fair Value $21.59Fund rank 26/100 · Data gapFallback financials|
SA 33/D
F-Score: 5/9

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 34% · confianza 18%

FCF escenarios

weak_data · normalized FCF $-70.0M · quality 44.7/100

Data gap 26/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 14/100Data 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

33/100

D

Piotroski

5/9

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. Sector-specific commodity mid-cycle model required: targets are disabled until normalized cycle price/cost-curve/reserve data exists.
Thesis & Journal · 603382.SSLocal privado en este navegador · Haiyang 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

$3.9B

P/E

37.2x

↑

EV/EBITDA

13.2x

↑

ROE

6.5%

↑

Gross Margin

9.2%

↓

Debt/Equity

0.29

↑
52-Week Range$22
$21$70

TradingView lightweight chart

603382.SS price, volumen y niveles de valoración

Último $21.59Periodo -61.4%
Fair value: $21.59

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

+1.7%

FCF CAGR

—

FCF margin

-6.8%

FCF / Net income

-2.54x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $4.28B · net income $114.9M · FCF $-292.1M

2022-FY → 2025-FY

Gross margin

9.2%-1.2% pts

Operating margin

3.3%-2.0% pts

Net margin

2.7%-1.1% pts

FCF margin

-6.8%-7.8% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$4.28B$4.28B$5.54B$4.11B$4.07B
Net Income$114.9M$114.9M$165.8M$124.9M$154.0M
EBITDA$272.8M$272.8M$333.6M$203.7M$322.7M
EPS0.720.721.220.921.13
Gross Margin9.2%9.2%7.4%100.0%10.4%
Operating Margin3.3%3.3%3.6%100.0%5.3%
Net Margin2.7%2.7%3.0%3.0%3.8%
Balance Sheet
Debt/Equity0.290.290.36—0.41
Current Ratio1.211.21———
Cash Flow
Free Cash Flow$-292.1M$-292.1M$-70.0M$337.9M$41.2M
Returns
ROE6.5%6.5%13.6%—16.1%
Valuation
P/E37.2237.22———
EV/EBITDA13.2113.21———
P/B1.961.96———
Growth & Yield
Revenue Growth-22.8%-22.8%34.8%1.1%—
EPS Growth-41.0%-41.0%32.8%-18.7%—
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%

3Y implied EPS CAGR

38.6%

muy exigente

EPS terminal req.

$1.92

Spread vs growth

-79.6%

5Y implied EPS CAGR

26.3%

muy exigente

EPS terminal req.

$2.32

Spread vs growth

-67.3%

10Y implied EPS CAGR

17.9%

exigente

EPS terminal req.

$3.73

Spread vs growth

-58.9%

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 · available periodreconcilia total -59.6%

Total return

-59.6%

Start / end P/E

45.9x → 30.0x

EPS bridge

1.22 → 0.72

Residual

+14.2%

EPS growth-41.0%
Multiple rerating-34.6%
Dividend+1.8%
Residual / FX / buybacks / cross-term+14.2%

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.