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v0.1
603919.SS$21.06-2.55%
Fair $21.06+0.0%

603919.SS

JINHUI LIQUOR Co., Ltd.

Consumer Defensive / Beverages - Wineries & DistilleriesShanghai

$21.06

-0.55 (-2.55%)

Fairly Valued+0.0%Fair Value $21.06Fund rank 35/100 · Data gapFallback financials|
SA 47/C
F-Score: 4/9

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 24% · confianza 25%

FCF escenarios

weak_data · normalized FCF $226.3M · quality 69.7/100

Data gap 35/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 63/100Data 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

47/100

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: 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 · 603919.SSLocal privado en este navegador · JINHUI LIQUOR 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

$10.7B

P/E

33.4x

↑

EV/EBITDA

17.1x

↑

ROE

10.3%

↑

Gross Margin

63.2%

↑

Debt/Equity

0.11

↓
52-Week Range$21
$17$26

TradingView lightweight chart

603919.SS price, volumen y niveles de valoración

Último $21.06Periodo +126.0%
Fair value: $21.06

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

+13.2%

FCF CAGR

-31.2%

FCF margin

2.9%

FCF / Net income

0.24x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $2.92B · net income $354.4M · FCF $85.4M

2022-FY → 2025-FY

Gross margin

63.2%+0.4% pts

Operating margin

15.7%+0.7% pts

Net margin

12.1%-1.8% pts

FCF margin

2.9%-10.1% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$2.92B$2.92B$3.02B$2.55B$2.01B
Net Income$354.4M$354.4M$388.1M$328.9M$280.2M
EBITDA$588.7M$588.7M$589.4M$502.0M$417.7M
EPS0.700.700.770.650.55
Gross Margin63.2%63.2%60.9%62.4%62.8%
Operating Margin15.7%15.7%15.4%14.8%15.0%
Net Margin12.1%12.1%12.8%12.9%13.9%
Balance Sheet
Debt/Equity0.110.110.010.010.01
Current Ratio1.891.89———
Cash Flow
Free Cash Flow$85.4M$85.4M$226.3M$383.9M$262.1M
Returns
ROE10.3%10.3%11.7%9.9%8.9%
Valuation
P/E33.4333.4324.1936.1247.96
EV/EBITDA17.0517.0514.5421.6530.31
P/B3.113.112.833.574.27
Growth & Yield
Revenue Growth-3.4%-3.4%18.6%26.6%—
EPS Growth-9.1%-9.1%18.5%18.2%—
Dividend Yield2.3%2.3%———

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

38.7%

muy exigente

EPS terminal req.

$1.87

Spread vs growth

-47.8%

5Y implied EPS CAGR

26.4%

muy exigente

EPS terminal req.

$2.26

Spread vs growth

-35.5%

10Y implied EPS CAGR

17.9%

exigente

EPS terminal req.

$3.64

Spread vs growth

-27.0%

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 +11.6%

Total return

+11.6%

Start / end P/E

25.0x → 30.1x

EPS bridge

0.77 → 0.70

Residual

-1.8%

EPS growth-9.1%
Multiple rerating+20.2%
Dividend+2.3%
Residual / FX / buybacks / cross-term-1.8%

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.