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688276.SS$15.55-2.57%
Fair $15.55+0.0%

688276.SS

Changchun BCHT Biotechnology Co.

Healthcare / Drug Manufacturers - Specialty & GenericShanghai

$15.55

-0.41 (-2.57%)

Fairly Valued+0.0%Fair Value $15.55Fund rank 27/100 · Data gapFallback financials|
SA 18/F
F-Score: 2/9
Declining RevenueLow 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 22%

FCF escenarios

weak_data · normalized FCF $-175.3M · quality 64.7/100

Data gap 27/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 27/100Data 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

2/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 2unknown: 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. Revenue has declined for 2 consecutive years ROE is -6.8%, below the 5% threshold
Thesis & Journal · 688276.SSLocal privado en este navegador · Changchun BCHT Biotechnology Co.
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

$6.4B

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-6.8%

↓

Gross Margin

73.4%

↑

Debt/Equity

0.07

↓
52-Week Range$16
$16$26

TradingView lightweight chart

688276.SS price, volumen y niveles de valoración

Último $15.55Periodo -86.9%
Fair value: $15.55

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

-17.3%

FCF CAGR

—

FCF margin

-29.0%

FCF / Net income

0.67x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $605.1M · net income $-262.6M · FCF $-175.3M

2022-FY → 2025-FY

Gross margin

73.4%-13.8% pts

Operating margin

-35.8%-58.3% pts

Net margin

-43.4%-60.3% pts

FCF margin

-29.0%-5.6% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$605.1M$605.1M$1.23B$1.82B$1.07B
Net Income$-262.6M$-262.6M$232.1M$501.0M$181.5M
EBITDA$-197.0M$-197.0M$361.5M$656.4M$268.6M
EPS-0.64-0.640.561.210.44
Gross Margin73.4%73.4%85.4%90.2%87.2%
Operating Margin-35.8%-35.8%24.5%34.7%22.5%
Net Margin-43.4%-43.4%18.9%27.5%16.9%
Balance Sheet
Debt/Equity0.070.070.020.01—
Current Ratio1.281.28———
Cash Flow
Free Cash Flow$-175.3M$-175.3M$-135.9M$-215.5M$-250.9M
Returns
ROE-6.8%-6.8%5.5%12.5%5.1%
Valuation
P/E——42.2544.02153.25
EV/EBITDA——26.4632.95100.34
P/B1.661.662.325.497.82
Growth & Yield
Revenue Growth-50.8%-50.8%-32.6%70.3%—
EPS Growth-214.3%-214.3%-53.7%175.0%—
Dividend Yield1.1%1.1%———

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

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
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 -25.9%

Total return

-25.9%

Start / end P/E

n/dx → n/dx

EPS bridge

0.56 → -0.64

Residual

-27.0%

EPS growthn/d
Multiple reratingn/d
Dividend+1.1%
Residual / FX / buybacks / cross-term-27.0%

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.