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603883.SS$12.34-1.44%
Fair $12.34+0.0%

603883.SS

LBX Pharmacy Chain Joint Stock Company

Healthcare / Pharmaceutical RetailersShanghai

$12.34

-0.18 (-1.44%)

Fairly Valued+0.0%Fair Value $12.34Fund rank 36/100 · Data gapFallback financials|
SA 39/D
F-Score: 5/9
Declining RevenueMargin Compression

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 24% · confianza 25%

FCF escenarios

weak_data · normalized FCF $2.1B · quality 78.0/100

Data gap 36/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 77/100Data 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

39/100

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: 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 Operating margin has declined for 3 consecutive years
Thesis & Journal · 603883.SSLocal privado en este navegador · LBX Pharmacy Chain Joint Stock Company
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

$9.4B

P/E

23.7x

↑

EV/EBITDA

5.0x

↓

ROE

5.8%

↑

Gross Margin

32.3%

↓

Debt/Equity

0.70

↑
52-Week Range$12
$12$23

TradingView lightweight chart

603883.SS price, volumen y niveles de valoración

Último $12.34Periodo +23.6%
Fair value: $12.34

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

+3.3%

FCF CAGR

+12.9%

FCF margin

13.0%

FCF / Net income

7.57x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $22.24B · net income $381.8M · FCF $2.89B

2022-FY → 2025-FY

Gross margin

32.3%+0.4% pts

Operating margin

5.1%-1.9% pts

Net margin

1.7%-2.2% pts

FCF margin

13.0%+3.1% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$22.24B$22.24B$22.36B$22.44B$20.18B
Net Income$381.8M$381.8M$519.1M$929.0M$785.0M
EBITDA$2.32B$2.32B$2.57B$2.93B$2.63B
EPS0.500.500.681.231.05
Gross Margin32.3%32.3%33.2%32.5%31.9%
Operating Margin5.1%5.1%5.4%6.9%7.1%
Net Margin1.7%1.7%2.3%4.1%3.9%
Balance Sheet
Debt/Equity0.700.700.880.750.84
Current Ratio0.900.90———
Cash Flow
Free Cash Flow$2.89B$2.89B$1.52B$2.11B$2.01B
Returns
ROE5.8%5.8%7.9%13.9%12.0%
Valuation
P/E23.7323.7322.3419.8631.29
EV/EBITDA5.005.005.847.3510.48
P/B1.441.441.762.753.76
Growth & Yield
Revenue Growth-0.5%-0.5%-0.4%11.2%—
EPS Growth-26.5%-26.5%-44.7%17.6%—
Dividend Yield1.8%1.8%———

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

Margins (%)

Returns (%)

Leverage & Liquidity

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

3Y implied EPS CAGR

29.9%

muy exigente

EPS terminal req.

$1.09

Spread vs growth

-56.3%

5Y implied EPS CAGR

21.5%

exigente

EPS terminal req.

$1.32

Spread vs growth

-48.0%

10Y implied EPS CAGR

15.6%

exigente

EPS terminal req.

$2.13

Spread vs growth

-42.1%

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 -33.8%

Total return

-33.8%

Start / end P/E

28.1x → 24.7x

EPS bridge

0.68 → 0.50

Residual

+3.3%

EPS growth-26.5%
Multiple rerating-12.3%
Dividend+1.8%
Residual / FX / buybacks / cross-term+3.3%

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.