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603657.SS$26.62-1.52%
Fair $26.62+0.0%

603657.SS

Jinhua Chunguang Technology Co.,Ltd

Technology / Consumer ElectronicsShanghai

$26.62

-0.41 (-1.52%)

Fairly Valued+0.0%Fair Value $26.62Fund rank 22/100 · Data gapFallback financials|
SA 23/D
F-Score: 3/9
Margin CompressionLow 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 16%

FCF escenarios

weak_data · normalized FCF $-154.6M · quality 33.7/100

Data gap 22/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 5/100Data 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

23/100

D

Piotroski

3/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 2unknown: 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. Operating margin has declined for 3 consecutive years ROE is -1.1%, below the 5% threshold
Thesis & Journal · 603657.SSLocal privado en este navegador · Jinhua Chunguang 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

$3.6B

P/E

N/A

•

EV/EBITDA

41.2x

↑

ROE

-1.1%

↓

Gross Margin

11.3%

↓

Debt/Equity

0.80

↑
52-Week Range$27
$21$48

TradingView lightweight chart

603657.SS price, volumen y niveles de valoración

Último $26.62Periodo -34.0%
Fair value: $26.62

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

+10.1%

FCF CAGR

—

FCF margin

-6.0%

FCF / Net income

14.79x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $2.56B · net income $-10.5M · FCF $-154.6M

2022-FY → 2025-FY

Gross margin

11.3%-3.0% pts

Operating margin

1.8%-4.4% pts

Net margin

-0.4%-5.5% pts

FCF margin

-6.0%-18.3% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$2.56B$2.56B$2.12B$1.82B$1.92B
Net Income$-10.5M$-10.5M$14.3M$25.0M$98.4M
EBITDA$88.0M$88.0M$103.5M$112.2M$177.9M
EPS-0.08-0.080.100.180.73
Gross Margin11.3%11.3%10.6%12.5%14.3%
Operating Margin1.8%1.8%1.9%2.3%6.2%
Net Margin-0.4%-0.4%0.7%1.4%5.1%
Balance Sheet
Debt/Equity0.800.800.470.260.10
Current Ratio1.001.00———
Cash Flow
Free Cash Flow$-154.6M$-154.6M$-74.9M$-154.6M$235.2M
Returns
ROE-1.1%-1.1%1.5%2.6%9.2%
Valuation
P/E——138.8090.6123.04
EV/EBITDA41.1941.1918.8318.2410.29
P/B3.763.762.112.372.11
Growth & Yield
Revenue Growth20.7%20.7%16.6%-5.3%—
EPS Growth-180.0%-180.0%-44.4%-75.3%—
Dividend Yield0.1%0.1%———

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 +17.7%

Total return

+17.7%

Start / end P/E

n/dx → n/dx

EPS bridge

0.10 → -0.08

Residual

+17.5%

EPS growthn/d
Multiple reratingn/d
Dividend+0.1%
Residual / FX / buybacks / cross-term+17.5%

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.