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603681.SS$24.93+2.00%
Fair $24.93+0.0%

603681.SS

Shanghai Yongguan Adhesive Products Corp., Ltd.

Basic Materials / Specialty ChemicalsShanghai

$24.93

+0.49 (+2.00%)

Fairly Valued+0.0%Fair Value $24.93Fund rank 23/100 · Data gapFallback financials|
SA 46/C
F-Score: 4/9
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 $-198.9M · 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 27/100Data 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

46/100

C

Piotroski

4/9

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. Sector-specific commodity mid-cycle model required: targets are disabled until normalized cycle price/cost-curve/reserve data exists. ROE is 4.7%, below the 5% threshold
Thesis & Journal · 603681.SSLocal privado en este navegador · Shanghai Yongguan Adhesive Products Corp., 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

$5.9B

P/E

36.1x

↑

EV/EBITDA

14.8x

↑

ROE

4.7%

↑

Gross Margin

7.6%

↓

Debt/Equity

1.32

↑
52-Week Range$25
$14$26

TradingView lightweight chart

603681.SS price, volumen y niveles de valoración

Último $24.93Periodo -24.2%
Fair value: $24.93

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

+10.0%

FCF CAGR

—

FCF margin

-1.9%

FCF / Net income

-1.04x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $6.69B · net income $124.0M · FCF $-129.3M

2022-FY → 2025-FY

Gross margin

7.6%-2.5% pts

Operating margin

3.2%-2.1% pts

Net margin

1.9%-2.7% pts

FCF margin

-1.9%+1.0% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$6.69B$6.69B$6.20B$5.46B$5.03B
Net Income$124.0M$124.0M$163.3M$82.7M$227.6M
EBITDA$508.5M$508.5M$507.0M$389.9M$489.6M
EPS0.610.610.810.431.16
Gross Margin7.6%7.6%7.9%8.7%10.2%
Operating Margin3.2%3.2%3.1%4.1%5.4%
Net Margin1.9%1.9%2.6%1.5%4.5%
Balance Sheet
Debt/Equity1.321.321.221.201.23
Current Ratio1.141.14———
Cash Flow
Free Cash Flow$-129.3M$-129.3M$-393.7M$-198.9M$-146.5M
Returns
ROE4.7%4.7%6.4%3.3%9.2%
Valuation
P/E36.1336.1314.9634.2319.66
EV/EBITDA14.7614.769.2012.0211.55
P/B1.931.930.951.131.81
Growth & Yield
Revenue Growth7.8%7.8%13.7%8.5%—
EPS Growth-24.7%-24.7%88.4%-62.9%—
Dividend Yield0.6%0.6%———

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

53.6%

muy exigente

EPS terminal req.

$2.21

Spread vs growth

-78.3%

5Y implied EPS CAGR

34.4%

muy exigente

EPS terminal req.

$2.68

Spread vs growth

-59.1%

10Y implied EPS CAGR

21.6%

exigente

EPS terminal req.

$4.31

Spread vs growth

-46.3%

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 +80.5%

Total return

+80.5%

Start / end P/E

17.1x → 40.9x

EPS bridge

0.81 → 0.61

Residual

-34.3%

EPS growth-24.7%
Multiple rerating+138.8%
Dividend+0.6%
Residual / FX / buybacks / cross-term-34.3%

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.