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688030.SS$17.30+2.91%
Fair $17.30+0.0%

688030.SS

Hillstone Networks Co.,Ltd.

Technology / Software - InfrastructureShanghai

$17.30

+0.49 (+2.91%)

Fairly Valued+0.0%Fair Value $17.30Fund rank 28/100 · Data gapFallback financials|
SA 21/D
F-Score: 1/9
Low 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 21%

FCF escenarios

weak_data · normalized FCF $-143.1M · quality 57.0/100

Data gap 28/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 34/100Data 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

21/100

D

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: 1unknown: 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. ROE is -26.5%, below the 5% threshold
Thesis & Journal · 688030.SSLocal privado en este navegador · Hillstone Networks 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

N/A

•

EV/EBITDA

N/A

•

ROE

-26.5%

↓

Gross Margin

67.3%

↑

Debt/Equity

0.95

↑
52-Week Range$17
$14$23

TradingView lightweight chart

688030.SS price, volumen y niveles de valoración

Último $17.30Periodo -61.4%
Fair value: $17.30

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

+3.9%

FCF CAGR

—

FCF margin

-15.7%

FCF / Net income

0.74x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $911.4M · net income $-193.5M · FCF $-143.1M

2022-FY → 2025-FY

Gross margin

67.3%-1.0% pts

Operating margin

-11.6%+11.3% pts

Net margin

-21.2%+1.2% pts

FCF margin

-15.7%+33.7% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$911.4M$911.4M$996.6M$901.0M$811.6M
Net Income$-193.5M$-193.5M$-137.2M$-239.8M$-182.5M
EBITDA$-120.5M$-120.5M$-57.7M$-170.9M$-144.3M
EPS-1.07-1.07-0.76-1.33-1.01
Gross Margin67.3%67.3%70.0%65.7%68.3%
Operating Margin-11.6%-11.6%-9.2%-21.0%-22.9%
Net Margin-21.2%-21.2%-13.8%-26.6%-22.5%
Balance Sheet
Debt/Equity0.950.950.560.360.32
Current Ratio1.581.58———
Cash Flow
Free Cash Flow$-143.1M$-143.1M$-152.5M$-118.1M$-401.1M
Returns
ROE-26.5%-26.5%-14.9%-22.2%-13.8%
Valuation
P/B4.264.262.723.212.82
Growth & Yield
Revenue Growth-8.5%-8.5%10.6%11.0%—
EPS Growth-41.0%-41.0%42.8%-31.4%—

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 +12.6%

Total return

+12.6%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.76 → -1.07

Residual

+12.6%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+12.6%

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.