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688489.SS$25.47-0.47%
Fair $25.47+0.0%

688489.SS

Sansec Technology Co., Ltd.

Technology / Software - ApplicationShanghai

$25.47

-0.12 (-0.47%)

Fairly Valued+0.0%Fair Value $25.47Fund rank 25/100 · Data gapFallback financials|
SA 28/D
F-Score: 4/9
Margin CompressionLow 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 $-1.1M · quality 43.7/100

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

28/100

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: 2unknown: 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. Operating margin has declined for 3 consecutive years ROE is -2.4%, below the 5% threshold
Thesis & Journal · 688489.SSLocal privado en este navegador · Sansec 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

$4.3B

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-2.4%

↓

Gross Margin

71.1%

↑

Debt/Equity

0.00

↓
52-Week Range$25
$25$60

TradingView lightweight chart

688489.SS price, volumen y niveles de valoración

Último $25.47Periodo -68.5%
Fair value: $25.47

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

+17.7%

FCF CAGR

—

FCF margin

6.9%

FCF / Net income

-0.88x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $554.0M · net income $-43.6M · FCF $38.4M

2022-FY → 2025-FY

Gross margin

71.1%-4.4% pts

Operating margin

-6.1%-41.6% pts

Net margin

-7.9%-39.4% pts

FCF margin

6.9%+14.5% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$554.0M$554.0M$473.2M$358.6M$339.8M
Net Income$-43.6M$-43.6M$42.1M$67.3M$107.2M
EBITDA$-3.7M$-3.7M$82.2M$88.6M$120.0M
EPS-0.38-0.380.370.591.21
Gross Margin71.1%71.1%72.2%72.9%75.5%
Operating Margin-6.1%-6.1%8.5%14.9%35.5%
Net Margin-7.9%-7.9%8.9%18.8%31.6%
Balance Sheet
Debt/Equity0.000.000.010.020.00
Current Ratio10.3910.39———
Cash Flow
Free Cash Flow$38.4M$38.4M$-86.1M$-1.1M$-25.9M
Returns
ROE-2.4%-2.4%2.3%3.5%5.7%
Valuation
P/E——88.1774.8365.09
EV/EBITDA——36.2946.5045.94
P/B1.611.612.012.653.71
Growth & Yield
Revenue Growth17.1%17.1%32.0%5.5%—
EPS Growth-202.3%-202.3%-36.8%-51.6%—
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%
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 -22.3%

Total return

-22.3%

Start / end P/E

n/dx → n/dx

EPS bridge

0.37 → -0.38

Residual

-22.8%

EPS growthn/d
Multiple reratingn/d
Dividend+0.4%
Residual / FX / buybacks / cross-term-22.8%

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.