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688045.SS$65.06+1.88%
Fair $65.06+0.0%

688045.SS

Shenzhen Kiwi Instruments Co., Ltd.

Technology / SemiconductorsShanghai

$65.06

+1.20 (+1.88%)

Fairly Valued+0.0%Fair Value $65.06Fund rank 25/100 · Data gapFallback financials|
SA 52/C
F-Score: 6/9
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 18%

FCF escenarios

weak_data · normalized FCF $-22.0M · quality 45.0/100

Data gap 25/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 9/100Data 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

52/100

C

Piotroski

6/9

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 0.9%, below the 5% threshold
Thesis & Journal · 688045.SSLocal privado en este navegador · Shenzhen Kiwi Instruments 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

$4.6B

P/E

118.3x

↑

EV/EBITDA

187.9x

↑

ROE

0.9%

↓

Gross Margin

29.9%

↓

Debt/Equity

0.14

↓
52-Week Range$65
$30$73

TradingView lightweight chart

688045.SS price, volumen y niveles de valoración

Último $65.06Periodo +3.9%
Fair value: $65.06

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

+9.1%

FCF CAGR

—

FCF margin

-3.2%

FCF / Net income

-1.82x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $683.5M · net income $12.1M · FCF $-22.0M

2022-FY → 2025-FY

Gross margin

29.9%+1.9% pts

Operating margin

-0.5%+0.2% pts

Net margin

1.8%-5.5% pts

FCF margin

-3.2%+17.8% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$683.5M$683.5M$688.3M$578.5M$525.8M
Net Income$12.1M$12.1M$-17.2M$-19.1M$38.0M
EBITDA$21.1M$21.1M$-18.8M$-20.9M$13.2M
EPS0.170.17-0.25-0.280.61
Gross Margin29.9%29.9%25.9%23.6%28.0%
Operating Margin-0.5%-0.5%-7.0%-9.6%-0.8%
Net Margin1.8%1.8%-2.5%-3.3%7.2%
Balance Sheet
Debt/Equity0.140.140.020.010.02
Current Ratio7.637.63———
Cash Flow
Free Cash Flow$-22.0M$-22.0M$-5.7M$-27.7M$-110.4M
Returns
ROE0.9%0.9%-1.3%-1.4%2.8%
Valuation
P/E118.29118.29——92.46
EV/EBITDA187.89187.89——232.54
P/B3.283.281.532.102.57
Growth & Yield
Revenue Growth-0.7%-0.7%19.0%10.0%—
EPS Growth168.0%168.0%10.7%-145.9%—
Dividend Yield0.1%0.1%———

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

223.8%

muy exigente

EPS terminal req.

$5.77

Spread vs growth

-55.8%

5Y implied EPS CAGR

110.3%

muy exigente

EPS terminal req.

$6.99

Spread vs growth

57.7%

10Y implied EPS CAGR

52.1%

muy exigente

EPS terminal req.

$11.25

Spread vs growth

115.9%

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 +99.3%

Total return

+99.3%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.25 → 0.17

Residual

+99.3%

EPS growthn/d
Multiple reratingn/d
Dividend+0.1%
Residual / FX / buybacks / cross-term+99.3%

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.