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603508.SS$22.58+1.21%
Fair $22.58+0.0%

603508.SS

Henan Thinker Automatic Equipment Co.,Ltd.

Technology / Scientific & Technical InstrumentsShanghai

$22.58

+0.27 (+1.21%)

Fairly Valued+0.0%Fair Value $22.58Fund rank 31/100 · Data gapFallback financials|
SA 40/C
F-Score: 6/9

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 24% · confianza 25%

FCF escenarios

weak_data · normalized FCF $397.8M · quality 57.3/100

Data gap 31/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 73/100Data 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

40/100

C

Piotroski

6/9

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 · 603508.SSLocal privado en este navegador · Henan Thinker Automatic Equipment 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

$8.6B

P/E

14.6x

↓

EV/EBITDA

10.3x

↓

ROE

13.9%

↑

Gross Margin

66.5%

↑

Debt/Equity

N/A

•
52-Week Range$23
$22$38

TradingView lightweight chart

603508.SS price, volumen y niveles de valoración

Último $22.53Periodo -8.6%
Fair value: $22.58

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

+12.5%

FCF CAGR

+51.3%

FCF margin

43.0%

FCF / Net income

1.17x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.52B · net income $556.1M · FCF $653.0M

2022-FY → 2025-FY

Gross margin

66.5%+5.9% pts

Operating margin

41.2%+6.7% pts

Net margin

36.6%+4.1% pts

FCF margin

43.0%+25.3% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.52B$1.52B$1.52B$1.18B$1.07B
Net Income$556.1M$556.1M$548.4M$412.1M$346.4M
EBITDA$731.2M$731.2M$710.1M$514.3M$416.5M
EPS1.461.461.441.080.91
Gross Margin66.5%66.5%66.8%62.7%60.6%
Operating Margin41.2%41.2%43.5%39.5%34.5%
Net Margin36.6%36.6%36.2%34.9%32.5%
Balance Sheet
Debt/Equity——0.00——
Current Ratio8.488.48———
Cash Flow
Free Cash Flow$653.0M$653.0M$397.8M$250.4M$188.7M
Returns
ROE13.9%13.9%11.7%9.1%8.0%
Valuation
P/E14.5714.5715.0114.2520.51
EV/EBITDA10.3110.319.278.2813.58
P/B2.152.151.751.291.63
Growth & Yield
Revenue Growth0.3%0.3%28.4%10.6%—
EPS Growth1.4%1.4%33.3%18.7%—
Dividend Yield11.7%11.7%———

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

11.1%

razonable

EPS terminal req.

$2.00

Spread vs growth

-9.7%

5Y implied EPS CAGR

10.7%

razonable

EPS terminal req.

$2.42

Spread vs growth

-9.3%

10Y implied EPS CAGR

10.3%

razonable

EPS terminal req.

$3.90

Spread vs growth

-8.9%

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 · 1Y approxreconcilia total -1.5%

Total return

-1.5%

Start / end P/E

18.0x → 15.4x

EPS bridge

1.44 → 1.46

Residual

-0.2%

EPS growth+1.4%
Multiple rerating-14.3%
Dividend+11.7%
Residual / FX / buybacks / cross-term-0.2%

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.