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603809.SS$10.36+0.58%
Fair $10.36+0.0%

603809.SS

Chengdu Haoneng Technology Co., Ltd.

Consumer Cyclical / Auto PartsShanghai

$10.36

+0.06 (+0.58%)

Fairly Valued+0.0%Fair Value $10.36Fund rank 26/100 · Data gapFallback financials|
SA 36/D
F-Score: 5/9

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 33% · confianza 21%

FCF escenarios

weak_data · normalized FCF $-305.1M · quality 58.3/100

Data gap 26/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 22/100Data 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

36/100

D

Piotroski

5/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 0unknown: 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.
Thesis & Journal · 603809.SSLocal privado en este navegador · Chengdu Haoneng 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

$9.5B

P/E

33.4x

↑

EV/EBITDA

15.0x

↑

ROE

7.6%

↑

Gross Margin

30.5%

↑

Debt/Equity

0.60

↑
52-Week Range$10
$10$18

TradingView lightweight chart

603809.SS price, volumen y niveles de valoración

Último $10.40Periodo +121.4%
Fair value: $10.36

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

+22.3%

FCF CAGR

—

FCF margin

-26.0%

FCF / Net income

-2.52x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $2.69B · net income $277.1M · FCF $-698.5M

2022-FY → 2025-FY

Gross margin

30.5%-4.0% pts

Operating margin

19.0%-0.9% pts

Net margin

10.3%-4.1% pts

FCF margin

-26.0%-9.4% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$2.69B$2.69B$2.36B$1.95B$1.47B
Net Income$277.1M$277.1M$321.8M$182.0M$211.4M
EBITDA$724.2M$724.2M$734.4M$522.7M$474.1M
EPS0.320.320.480.360.28
Gross Margin30.5%30.5%34.0%30.4%34.6%
Operating Margin19.0%19.0%22.3%19.7%19.9%
Net Margin10.3%10.3%13.6%9.4%14.4%
Balance Sheet
Debt/Equity0.600.600.670.930.74
Current Ratio1.191.19———
Cash Flow
Free Cash Flow$-698.5M$-698.5M$-103.4M$-305.1M$-243.5M
Returns
ROE7.6%7.6%10.6%8.1%10.0%
Valuation
P/E33.4233.4217.7416.2920.73
EV/EBITDA14.9714.979.949.0011.84
P/B2.432.431.891.322.08
Growth & Yield
Revenue Growth14.0%14.0%21.3%32.2%—
EPS Growth-32.6%-32.6%33.2%28.2%—
Dividend Yield1.4%1.4%———

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

41.9%

muy exigente

EPS terminal req.

$0.92

Spread vs growth

-74.6%

5Y implied EPS CAGR

28.2%

muy exigente

EPS terminal req.

$1.11

Spread vs growth

-60.8%

10Y implied EPS CAGR

18.7%

exigente

EPS terminal req.

$1.79

Spread vs growth

-51.4%

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 -32.9%

Total return

-32.9%

Start / end P/E

33.2x → 32.3x

EPS bridge

0.48 → 0.32

Residual

+0.8%

EPS growth-32.6%
Multiple rerating-2.5%
Dividend+1.4%
Residual / FX / buybacks / cross-term+0.8%

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.