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688365.SS$20.78-2.67%
Fair $20.78+0.0%

688365.SS

Hangzhou Raycloud Technology Co.,Ltd

Technology / Software - ApplicationShanghai

$20.78

-0.57 (-2.67%)

Fairly Valued+0.0%Fair Value $20.78Fund rank 28/100 · Data gapFallback financials|
SA 29/D
F-Score: 7/9
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 19%

FCF escenarios

weak_data · normalized FCF $-52.9M · quality 51.7/100

Data gap 28/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 18/100Data 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

29/100

D

Piotroski

7/9

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 -2.8%, below the 5% threshold
Thesis & Journal · 688365.SSLocal privado en este navegador · Hangzhou Raycloud Technology 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

$8.8B

P/E

N/A

•

EV/EBITDA

1693.6x

↑

ROE

-2.8%

↓

Gross Margin

70.0%

↑

Debt/Equity

0.17

↓
52-Week Range$21
$12$34

TradingView lightweight chart

688365.SS price, volumen y niveles de valoración

Último $20.78Periodo -45.4%
Fair value: $20.78

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

+4.5%

FCF CAGR

—

FCF margin

8.6%

FCF / Net income

-1.86x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $563.2M · net income $-26.1M · FCF $48.6M

2022-FY → 2025-FY

Gross margin

70.0%+9.1% pts

Operating margin

-2.3%+25.5% pts

Net margin

-4.6%+31.6% pts

FCF margin

8.6%+42.9% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$563.2M$563.2M$477.8M$475.5M$494.0M
Net Income$-26.1M$-26.1M$-82.0M$-18.4M$-178.9M
EBITDA$5.3M$5.3M$-54.5M$8.1M$-155.0M
EPS-0.06-0.06-0.19-0.04-0.45
Gross Margin70.0%70.0%65.5%63.2%60.8%
Operating Margin-2.3%-2.3%-12.9%-12.5%-27.9%
Net Margin-4.6%-4.6%-17.2%-3.9%-36.2%
Balance Sheet
Debt/Equity0.170.170.200.150.16
Current Ratio0.720.72———
Cash Flow
Free Cash Flow$48.6M$48.6M$-52.9M$-87.7M$-169.2M
Returns
ROE-2.8%-2.8%-8.6%-1.8%-20.5%
Valuation
EV/EBITDA1693.571693.57—558.38—
P/B9.559.555.164.533.89
Growth & Yield
Revenue Growth17.9%17.9%0.5%-3.7%—
EPS Growth68.4%68.4%-375.0%91.1%—

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 +64.8%

Total return

+64.8%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.19 → -0.06

Residual

+64.8%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+64.8%

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.