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688136.SS$20.18-4.41%
Fair $20.18+0.0%

688136.SS

Kexing Biopharm Co., Ltd.

Healthcare / BiotechnologyShanghai

$20.18

-0.93 (-4.41%)

Fairly Valued+0.0%Fair Value $20.18Fund rank 26/100 · Data gapFallback financials|
SA 32/D
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 34% · confianza 18%

FCF escenarios

weak_data · normalized FCF $2.4M · quality 43.3/100

Data gap 26/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 21/100Data 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

32/100

D

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. Sector-specific biotech pipeline model required: targets are disabled until product, probability, peak-sales and cash-runway data exists.
Thesis & Journal · 688136.SSLocal privado en este navegador · Kexing Biopharm 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

$4.1B

P/E

35.4x

↑

EV/EBITDA

14.9x

↑

ROE

8.9%

↑

Gross Margin

63.4%

↑

Debt/Equity

0.80

↑
52-Week Range$20
$20$64

TradingView lightweight chart

688136.SS price, volumen y niveles de valoración

Último $20.18Periodo -50.8%
Fair value: $20.18

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

+5.2%

FCF CAGR

—

FCF margin

0.2%

FCF / Net income

0.02x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.53B · net income $155.6M · FCF $2.4M

2022-FY → 2025-FY

Gross margin

63.4%-12.0% pts

Operating margin

6.4%+15.5% pts

Net margin

10.1%+17.0% pts

FCF margin

0.2%+37.0% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.53B$1.53B$1.41B$1.26B$1.32B
Net Income$155.6M$155.6M$31.5M$-190.3M$-90.3M
EBITDA$316.6M$316.6M$201.3M$-132.7M$-41.7M
EPS0.790.790.16-0.96-0.45
Gross Margin63.4%63.4%68.7%70.8%75.4%
Operating Margin6.4%6.4%9.2%-18.5%-9.1%
Net Margin10.1%10.1%2.2%-15.1%-6.9%
Balance Sheet
Debt/Equity0.800.800.750.690.57
Current Ratio1.501.50———
Cash Flow
Free Cash Flow$2.4M$2.4M$12.7M$-278.3M$-485.1M
Returns
ROE8.9%8.9%1.9%-11.7%-5.0%
Valuation
P/E35.4035.40129.62——
EV/EBITDA14.9114.9123.58——
P/B2.272.272.502.702.47
Growth & Yield
Revenue Growth9.0%9.0%11.7%-4.3%—
EPS Growth393.8%393.8%116.7%-113.3%—
Dividend Yield0.4%0.4%———

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

Margins (%)

Returns (%)

Leverage & Liquidity

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

3Y implied EPS CAGR

31.4%

muy exigente

EPS terminal req.

$1.79

Spread vs growth

362.4%

5Y implied EPS CAGR

22.4%

exigente

EPS terminal req.

$2.17

Spread vs growth

371.4%

10Y implied EPS CAGR

16.0%

exigente

EPS terminal req.

$3.49

Spread vs growth

377.7%

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 -51.4%

Total return

-51.4%

Start / end P/E

261.3x → 25.5x

EPS bridge

0.16 → 0.79

Residual

-355.3%

EPS growth+393.8%
Multiple rerating-90.2%
Dividend+0.4%
Residual / FX / buybacks / cross-term-355.3%

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.