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8937.TWO$26.75-2.55%
Fair $26.75+0.0%

8937.TWO

Her Chee Industrial Co., Ltd.

Consumer Cyclical / Recreational VehiclesTaipei Exchange

$26.75

-0.70 (-2.55%)

Fairly Valued+0.0%Fair Value $26.75Fund rank 24/100 · Data gapFallback financials|
SA 15/F
F-Score: 1/9
Declining RevenueMargin 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 $-382.5M · quality 43.7/100

Data gap 24/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 0/100Data 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

15/100

F

Piotroski

1/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 3unknown: 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. Revenue has declined for 3 consecutive years Operating margin has declined for 3 consecutive years ROE is -2.8%, below the 5% threshold
Thesis & Journal · 8937.TWOLocal privado en este navegador · Her Chee Industrial 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

$11.4B

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-2.8%

↓

Gross Margin

-58.3%

↓

Debt/Equity

0.22

↓
52-Week Range$27
$26$46

TradingView lightweight chart

8937.TWO price, volumen y niveles de valoración

Último $26.75Periodo +653.5%
Fair value: $26.75

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

-32.3%

FCF CAGR

—

FCF margin

-5084.7%

FCF / Net income

45.14x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $65.7M · net income $-74.0M · FCF $-3.34B

2022-FY → 2025-FY

Gross margin

-58.3%-75.7% pts

Operating margin

-239.4%-227.7% pts

Net margin

-112.7%-114.9% pts

FCF margin

-5084.7%-5048.9% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$65.7M$65.7M$131.9M$159.9M$212.1M
Net Income$-74.0M$-74.0M$32.8M$51.8M$4.7M
EBITDA$-66.2M$-66.2M$45.0M$77.8M$28.5M
EPS——0.110.180.01
Gross Margin-58.3%-58.3%1.0%12.1%17.5%
Operating Margin-239.4%-239.4%-41.2%-20.7%-11.7%
Net Margin-112.7%-112.7%24.9%32.4%2.2%
Balance Sheet
Debt/Equity0.220.220.530.760.75
Current Ratio0.300.30———
Cash Flow
Free Cash Flow$-3.34B$-3.34B$-382.5M$-53.0M$-76.0M
Returns
ROE-2.8%-2.8%3.4%7.1%0.7%
Valuation
P/E——355.8130.00250.83
EV/EBITDA——267.1024.5349.53
P/B4.374.3711.922.111.57
Growth & Yield
Revenue Growth-50.2%-50.2%-17.5%-24.6%—
EPS Growth——-39.4%1083.3%—
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%
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 -27.9%

Total return

-27.9%

Start / end P/E

n/dx → n/dx

EPS bridge

0.11 → n/d

Residual

-27.9%

EPS growthn/d
Multiple reratingn/d
Dividend+0.1%
Residual / FX / buybacks / cross-term-27.9%

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.