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6212.TWO$27.60-1.08%
Fair $27.60+0.0%

6212.TWO

Li Ming Development Construction Co., Ltd.

Real Estate / Real Estate - DevelopmentTaipei Exchange

$27.60

-0.30 (-1.08%)

Fairly Valued+0.0%Fair Value $27.60Fund rank 19/100 · Data gapFallback financials|
SA 30/D
F-Score: 3/9
Declining Revenue

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 55.0/100

Data gap 19/100
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

30/100

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: 1unknown: 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. Revenue has declined for 2 consecutive years
Thesis & Journal · 6212.TWOLocal privado en este navegador · Li Ming Development Construction 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

$2.8B

P/E

7.0x

↓

EV/EBITDA

17.1x

↑

ROE

10.8%

↑

Gross Margin

39.5%

↓

Debt/Equity

1.80

↑
52-Week Range$28
$27$52

TradingView lightweight chart

6212.TWO price, volumen y niveles de valoración

Último $27.60Periodo +232.5%
Fair value: $27.60

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

+11.3%

FCF CAGR

—

FCF margin

-19.5%

FCF / Net income

-0.82x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.69B · net income $403.7M · FCF $-331.1M

2022-FY → 2025-FY

Gross margin

39.5%+9.9% pts

Operating margin

31.4%+11.2% pts

Net margin

23.8%+9.3% pts

FCF margin

-19.5%+103.1% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.69B$1.69B$3.79B$5.66B$1.23B
Net Income$403.7M$403.7M$621.7M$639.0M$178.9M
EBITDA$548.8M$548.8M$802.8M$823.6M$255.8M
EPS——6.096.261.75
Gross Margin39.5%39.5%27.1%20.2%29.6%
Operating Margin31.4%31.4%20.9%14.4%20.2%
Net Margin23.8%23.8%16.4%11.3%14.5%
Balance Sheet
Debt/Equity1.801.801.811.733.40
Current Ratio1.511.51———
Cash Flow
Free Cash Flow$-331.1M$-331.1M$-432.8M$4.00B$-1.51B
Returns
ROE10.8%10.8%16.9%18.7%6.4%
Valuation
P/E6.976.979.598.4829.20
EV/EBITDA17.1217.1214.7812.8256.57
P/B0.760.761.621.591.88
Growth & Yield
Revenue Growth-55.3%-55.3%-33.0%359.9%—
EPS Growth——-2.7%257.7%—
Dividend Yield12.7%12.7%———

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

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
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 -30.9%

Total return

-30.9%

Start / end P/E

n/dx → n/dx

EPS bridge

6.09 → n/d

Residual

-43.6%

EPS growthn/d
Multiple reratingn/d
Dividend+12.7%
Residual / FX / buybacks / cross-term-43.6%

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.