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603682.SS$9.19-0.43%
Fair $9.19+0.0%

603682.SS

Shanghai Golden Union Commercial Management Co.,Ltd.

Real Estate / Real Estate ServicesShanghai

$9.19

-0.04 (-0.43%)

Fairly Valued+0.0%Fair Value $9.19Fund rank 32/100 · Data gapFallback financials|
SA 27/D
F-Score: 3/9
High DebtDeclining RevenueLow Profitability

Book/ROE base 3Y

n/d

n/d CAGR · P/B n/d

Book/ROE base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

Book/ROE escenarios

weak_data · book/share n/d · quality 20.0/100

Data gap 32/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 92/100Data 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

27/100

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: 3unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific NAV/AFFO model required: REIT/real-estate targets are disabled until FFO/AFFO/NAV/cap-rate data exists. REIT NAV/AFFO valuation requires positive AFFO/share history or TTM AFFO/share; generic FCF remains disabled. Debt-to-Equity ratio is 4.56, above the 2.0 threshold Revenue has declined for 2 consecutive years ROE is -16.0%, below the 5% threshold
Thesis & Journal · 603682.SSLocal privado en este navegador · Shanghai Golden Union Commercial Management 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

$4.3B

P/E

N/A

•

EV/EBITDA

17.5x

↑

ROE

-16.0%

↓

Gross Margin

24.0%

↓

Debt/Equity

4.56

↑
52-Week Range$9
$5$10

TradingView lightweight chart

603682.SS price, volumen y niveles de valoración

Último $9.190Periodo -19.3%
Fair value: $9.190

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

+2.4%

FCF CAGR

+4.6%

FCF margin

63.7%

FCF / Net income

-5.07x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $946.6M · net income $-118.9M · FCF $603.0M

2022-FY → 2025-FY

Gross margin

24.0%-16.5% pts

Operating margin

15.0%-13.1% pts

Net margin

-12.6%-23.6% pts

FCF margin

63.7%+3.9% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$946.6M$946.6M$1.01B$1.03B$881.7M
Net Income$-118.9M$-118.9M$14.8M$98.8M$97.0M
EBITDA$435.8M$435.8M$671.3M$735.0M$701.9M
EPS-0.25-0.250.030.210.21
Gross Margin24.0%24.0%25.8%28.7%40.6%
Operating Margin15.0%15.0%13.8%16.7%28.1%
Net Margin-12.6%-12.6%1.5%9.6%11.0%
Balance Sheet
Debt/Equity4.564.563.773.343.05
Current Ratio0.560.56———
Cash Flow
Free Cash Flow$603.0M$603.0M$650.5M$614.4M$527.6M
Returns
ROE-16.0%-16.0%1.4%8.8%8.6%
Valuation
P/E——247.0028.5725.52
EV/EBITDA17.4617.4610.798.728.02
P/B5.865.863.572.522.20
Growth & Yield
Revenue Growth-6.1%-6.1%-2.3%17.0%—
EPS Growth-933.3%-933.3%-85.7%0.0%—
Dividend Yield4.8%4.8%———

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 +66.9%

Total return

+66.9%

Start / end P/E

n/dx → n/dx

EPS bridge

0.03 → -0.25

Residual

+62.1%

EPS growthn/d
Multiple reratingn/d
Dividend+4.8%
Residual / FX / buybacks / cross-term+62.1%

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.