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603896.SS$15.79+2.27%
Fair $15.79+0.0%

603896.SS

Zhejiang Shouxiangu Pharmaceutical Co., Ltd.

Healthcare / BiotechnologyShanghai

$15.79

+0.35 (+2.27%)

Fairly Valued+0.0%Fair Value $15.79Fund rank 24/100 · Data gapFallback financials|
SA 32/D
F-Score: 3/9
Declining RevenueMargin CompressionLow 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 $-99.5M · quality 43.7/100

Data gap 24/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 4/100Data 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

32/100

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 biotech pipeline model required: targets are disabled until product, probability, peak-sales and cash-runway data exists. Revenue has declined for 3 consecutive years Operating margin has declined for 3 consecutive years ROE is 0.8%, below the 5% threshold
Thesis & Journal · 603896.SSLocal privado en este navegador · Zhejiang Shouxiangu Pharmaceutical 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

$3.1B

P/E

175.4x

↑

EV/EBITDA

13.8x

↑

ROE

0.8%

↑

Gross Margin

78.7%

↑

Debt/Equity

0.27

↑
52-Week Range$16
$15$24

TradingView lightweight chart

603896.SS price, volumen y niveles de valoración

Último $15.79Periodo +23.5%
Fair value: $15.79

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

-8.3%

FCF CAGR

—

FCF margin

-7.1%

FCF / Net income

-2.48x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $640.2M · net income $18.2M · FCF $-45.1M

2022-FY → 2025-FY

Gross margin

78.7%-5.7% pts

Operating margin

19.4%-12.9% pts

Net margin

2.8%-30.7% pts

FCF margin

-7.1%-26.2% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$640.2M$640.2M$705.1M$784.3M$829.1M
Net Income$18.2M$18.2M$174.4M$254.5M$277.8M
EBITDA$219.3M$219.3M$270.7M$355.8M$355.4M
EPS0.090.090.881.301.43
Gross Margin78.7%78.7%80.1%82.7%84.4%
Operating Margin19.4%19.4%19.8%28.9%32.2%
Net Margin2.8%2.8%24.7%32.4%33.5%
Balance Sheet
Debt/Equity0.270.270.260.340.37
Current Ratio3.133.13———
Cash Flow
Free Cash Flow$-45.1M$-45.1M$-292.1M$-99.5M$158.7M
Returns
ROE0.8%0.8%7.6%11.7%14.6%
Valuation
P/E175.44175.4422.8523.7529.22
EV/EBITDA13.8013.8013.7414.8620.54
P/B1.411.411.742.784.26
Growth & Yield
Revenue Growth-9.2%-9.2%-10.1%-5.4%—
EPS Growth-89.8%-89.8%-32.3%-9.1%—
Dividend Yield1.7%1.7%———

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

Margins (%)

Returns (%)

Leverage & Liquidity

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

3Y implied EPS CAGR

149.7%

muy exigente

EPS terminal req.

$1.40

Spread vs growth

-239.5%

5Y implied EPS CAGR

79.9%

muy exigente

EPS terminal req.

$1.70

Spread vs growth

-169.7%

10Y implied EPS CAGR

40.7%

muy exigente

EPS terminal req.

$2.73

Spread vs growth

-130.4%

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 -23.9%

Total return

-23.9%

Start / end P/E

24.1x → 175.4x

EPS bridge

0.88 → 0.09

Residual

-563.1%

EPS growth-89.8%
Multiple rerating+627.2%
Dividend+1.7%
Residual / FX / buybacks / cross-term-563.1%

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.