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603408.SS$10.89-1.80%
Fair $10.89+0.0%

603408.SS

Runner (Xiamen) Corp.

Industrials / Pollution & Treatment ControlsShanghai

$10.89

-0.20 (-1.80%)

Fairly Valued+0.0%Fair Value $10.89Fund rank 32/100 · Data gapFallback financials|
SA 45/C
F-Score: 2/9

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 26% · confianza 25%

FCF escenarios

weak_data · normalized FCF $303.5M · quality 60.0/100

Data gap 32/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 44/100Data 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

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: 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 · 603408.SSLocal privado en este navegador · Runner (Xiamen) Corp.
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

$4.9B

P/E

12.0x

↓

EV/EBITDA

6.6x

↓

ROE

12.8%

↑

Gross Margin

25.8%

↑

Debt/Equity

0.20

↓
52-Week Range$11
$11$15

TradingView lightweight chart

603408.SS price, volumen y niveles de valoración

Último $10.89Periodo -51.3%
Fair value: $10.89

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

+6.9%

FCF CAGR

—

FCF margin

-2.5%

FCF / Net income

-0.29x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $5.12B · net income $440.7M · FCF $-127.1M

2022-FY → 2025-FY

Gross margin

25.8%+1.5% pts

Operating margin

9.7%-0.2% pts

Net margin

8.6%-2.3% pts

FCF margin

-2.5%-13.1% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$5.12B$5.12B$5.01B$4.33B$4.19B
Net Income$440.7M$440.7M$481.9M$424.8M$458.1M
EBITDA$727.5M$727.5M$768.2M$696.2M$679.8M
EPS0.980.981.080.951.02
Gross Margin25.8%25.8%25.9%26.0%24.3%
Operating Margin9.7%9.7%10.8%11.2%9.9%
Net Margin8.6%8.6%9.6%9.8%10.9%
Balance Sheet
Debt/Equity0.200.200.070.080.12
Current Ratio1.941.94———
Cash Flow
Free Cash Flow$-127.1M$-127.1M$441.8M$303.5M$445.7M
Returns
ROE12.8%12.8%14.7%13.7%15.9%
Valuation
P/E11.9711.9711.5113.6310.87
EV/EBITDA6.606.606.617.976.92
P/B1.421.421.691.871.73
Growth & Yield
Revenue Growth2.2%2.2%15.5%3.5%—
EPS Growth-9.3%-9.3%13.7%-6.9%—
Dividend Yield10.3%10.3%———

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

-0.5%

fácil

EPS terminal req.

$0.97

Spread vs growth

-8.8%

5Y implied EPS CAGR

3.6%

fácil

EPS terminal req.

$1.17

Spread vs growth

-12.9%

10Y implied EPS CAGR

6.7%

razonable

EPS terminal req.

$1.88

Spread vs growth

-16.0%

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

10.7x → 11.1x

EPS bridge

1.08 → 0.98

Residual

-0.3%

EPS growth-9.3%
Multiple rerating+3.5%
Dividend+10.3%
Residual / FX / buybacks / cross-term-0.3%

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.