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6610.HK$1.09+9.00%
Fair $1.09+0.0%

6610.HK

Flowing Cloud Technology Ltd

Technology / Software - ApplicationHKSE

$1.09

+0.09 (+9.00%)

Fairly Valued+0.0%Fair Value $1.09Fund rank 29/100 · Data gapFallback financials|
SA 18/F
F-Score: 1/9
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 33% · confianza 23%

FCF escenarios

weak_data · normalized FCF $-156.5M · quality 66.3/100

Data gap 29/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 32/100Data 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

18/100

F

Piotroski

1/9

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. 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 ROE is -33.2%, below the 5% threshold
Thesis & Journal · 6610.HKLocal privado en este navegador · Flowing Cloud Technology 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

$142M

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-33.2%

↓

Gross Margin

19.4%

↓

Debt/Equity

0.11

↓
52-Week Range$1
$1$6

TradingView lightweight chart

6610.HK price, volumen y niveles de valoración

Último $1.090Periodo -97.4%
Fair value: $1.090

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

-9.7%

FCF CAGR

—

FCF margin

-32.4%

FCF / Net income

0.69x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $783.9M · net income $-367.1M · FCF $-254.0M

2022-FY → 2025-FY

Gross margin

19.4%-15.6% pts

Operating margin

-31.2%-57.7% pts

Net margin

-46.8%-69.0% pts

FCF margin

-32.4%-12.6% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$783.9M$783.9M$995.3M$1.24B$1.07B
Net Income$-367.1M$-367.1M$-43.7M$263.9M$236.7M
EBITDA$-297.3M$-297.3M$4.6M$312.3M$273.6M
EPS-3.43-3.43-0.482.922.96
Gross Margin19.4%19.4%20.1%33.8%35.1%
Operating Margin-31.2%-31.2%-2.4%24.2%26.5%
Net Margin-46.8%-46.8%-4.4%21.2%22.2%
Balance Sheet
Debt/Equity0.110.110.060.070.07
Current Ratio3.113.11———
Cash Flow
Free Cash Flow$-254.0M$-254.0M$-156.5M$-111.9M$-210.6M
Returns
ROE-33.2%-33.2%-3.2%18.2%19.4%
Valuation
P/E———11.8528.38
EV/EBITDA——108.339.2823.31
P/B0.110.110.412.165.48
Growth & Yield
Revenue Growth-21.2%-21.2%-20.0%16.7%—
EPS Growth-614.6%-614.6%-116.4%-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%
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 -77.5%

Total return

-77.5%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.48 → -3.43

Residual

-77.5%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-77.5%

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.