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603660.SS$11.90+4.39%
Fair $11.90+0.0%

603660.SS

Suzhou Keda Technology Co.,Ltd

Technology / Communication EquipmentShanghai

$11.90

+0.50 (+4.39%)

Fairly Valued+0.0%Fair Value $11.90Fund rank 26/100 · Data gapFallback financials|
SA 25/D
F-Score: 2/9
Declining RevenueLow 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 $-79.2M · quality 43.3/100

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

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: 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. Revenue has declined for 2 consecutive years ROE is -56.4%, below the 5% threshold
Thesis & Journal · 603660.SSLocal privado en este navegador · Suzhou Keda 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

$6.8B

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-56.4%

↓

Gross Margin

52.2%

↑

Debt/Equity

0.38

↑
52-Week Range$12
$7$15

TradingView lightweight chart

603660.SS price, volumen y niveles de valoración

Último $11.90Periodo +101.8%
Fair value: $11.90

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

-12.8%

FCF CAGR

—

FCF margin

-7.6%

FCF / Net income

0.16x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.05B · net income $-495.0M · FCF $-79.2M

2022-FY → 2025-FY

Gross margin

52.2%+0.2% pts

Operating margin

-35.5%-7.3% pts

Net margin

-47.3%-10.3% pts

FCF margin

-7.6%+4.9% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.05B$1.05B$1.33B$1.82B$1.58B
Net Income$-495.0M$-495.0M$-203.5M$-264.5M$-583.2M
EBITDA$-440.3M$-440.3M$-134.1M$-166.7M$-451.2M
EPS-0.90-0.90-0.40-0.54-1.18
Gross Margin52.2%52.2%66.8%56.5%52.1%
Operating Margin-35.5%-35.5%-8.5%-8.1%-28.2%
Net Margin-47.3%-47.3%-15.3%-14.6%-37.0%
Balance Sheet
Debt/Equity0.380.380.510.960.91
Current Ratio1.361.36———
Cash Flow
Free Cash Flow$-79.2M$-79.2M$-361.9M$303.5M$-197.3M
Returns
ROE-56.4%-56.4%-18.9%-24.5%-44.4%
Valuation
P/B7.487.482.913.792.03
Growth & Yield
Revenue Growth-21.4%-21.4%-26.7%15.2%—
EPS Growth-123.8%-123.8%25.1%54.7%—

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
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 +73.2%

Total return

+73.2%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.40 → -0.90

Residual

+73.2%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+73.2%

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.