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603602.SS$13.56+1.27%
Fair $13.56+0.0%

603602.SS

Hangzhou Freely Communication Co., Ltd.

Communication Services / Telecom ServicesShanghai

$13.56

+0.17 (+1.27%)

Fairly Valued+0.0%Fair Value $13.56Fund rank 23/100 · Data gapFallback financials|
SA 25/D
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 34% · confianza 18%

FCF escenarios

weak_data · normalized FCF $-122.4M · quality 45.7/100

Data gap 23/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 17/100Data 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

25/100

D

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 -18.4%, below the 5% threshold
Thesis & Journal · 603602.SSLocal privado en este navegador · Hangzhou Freely Communication 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

$3.1B

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-18.4%

↓

Gross Margin

15.2%

↓

Debt/Equity

0.99

↑
52-Week Range$14
$12$18

TradingView lightweight chart

603602.SS price, volumen y niveles de valoración

Último $13.56Periodo +58.1%
Fair value: $13.56

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

+17.4%

FCF CAGR

—

FCF margin

-6.7%

FCF / Net income

0.75x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.84B · net income $-163.0M · FCF $-122.4M

2022-FY → 2025-FY

Gross margin

15.2%+2.7% pts

Operating margin

2.9%+0.3% pts

Net margin

-8.9%-10.8% pts

FCF margin

-6.7%+1.6% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.84B$1.84B$1.66B$1.36B$1.13B
Net Income$-163.0M$-163.0M$18.9M$32.9M$21.9M
EBITDA$-114.9M$-114.9M$80.4M$66.1M$44.9M
EPS-0.73-0.730.090.160.11
Gross Margin15.2%15.2%16.6%14.3%12.5%
Operating Margin2.9%2.9%4.9%4.1%2.6%
Net Margin-8.9%-8.9%1.1%2.4%1.9%
Balance Sheet
Debt/Equity0.990.990.540.380.39
Current Ratio1.251.25———
Cash Flow
Free Cash Flow$-122.4M$-122.4M$-397.9M$-60.3M$-94.2M
Returns
ROE-18.4%-18.4%1.8%4.1%2.9%
Valuation
P/E——163.8990.56110.27
EV/EBITDA——41.4845.5051.82
P/B3.423.422.973.713.20
Growth & Yield
Revenue Growth10.3%10.3%22.5%19.8%—
EPS Growth-911.1%-911.1%-43.8%45.5%—
Dividend Yield0.5%0.5%———

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 -12.3%

Total return

-12.3%

Start / end P/E

n/dx → n/dx

EPS bridge

0.09 → -0.73

Residual

-12.9%

EPS growthn/d
Multiple reratingn/d
Dividend+0.5%
Residual / FX / buybacks / cross-term-12.9%

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.