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9906.TW$35.90+4.51%
Fair $35.90+0.0%

9906.TW

Hsin Ba Ba Corporation

Industrials / Engineering & ConstructionTaiwan

$35.90

+1.55 (+4.51%)

Fairly Valued+0.0%Fair Value $35.90Fund rank 24/100 · Data gapFallback financials|
SA 18/F
F-Score: 2/9
High DebtMargin 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 14%

FCF escenarios

weak_data · normalized FCF $1.8B · quality 25.3/100

Data gap 24/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 41/100Data 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: 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. Debt-to-Equity ratio is 5.12, above the 2.0 threshold Operating margin has declined for 3 consecutive years ROE is 0.6%, below the 5% threshold
Thesis & Journal · 9906.TWLocal privado en este navegador · Hsin Ba Ba Corporation
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

$3.2B

P/E

398.9x

↑

EV/EBITDA

104.5x

↑

ROE

0.6%

↓

Gross Margin

32.8%

↑

Debt/Equity

5.12

↑
52-Week Range$36
$31$87

TradingView lightweight chart

9906.TW price, volumen y niveles de valoración

Último $35.90Periodo +80.0%
Fair value: $35.90

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

-24.2%

FCF CAGR

—

FCF margin

-125.3%

FCF / Net income

-190.63x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.30B · net income $8.5M · FCF $-1.62B

2022-FY → 2025-FY

Gross margin

32.8%+3.4% pts

Operating margin

5.9%-13.5% pts

Net margin

0.7%-13.6% pts

FCF margin

-125.3%-161.8% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.30B$1.30B$4.37B$3.73B$2.97B
Net Income$8.5M$8.5M$572.0M$520.4M$423.4M
EBITDA$94.0M$94.0M$803.6M$718.9M$588.9M
EPS——6.265.974.97
Gross Margin32.8%32.8%30.5%29.0%29.5%
Operating Margin5.9%5.9%18.0%18.9%19.4%
Net Margin0.7%0.7%13.1%14.0%14.2%
Balance Sheet
Debt/Equity5.125.123.044.525.91
Current Ratio1.541.54———
Cash Flow
Free Cash Flow$-1.62B$-1.62B$2.38B$1.78B$1.08B
Returns
ROE0.6%0.6%30.1%34.5%31.5%
Valuation
P/E398.89398.8918.299.199.34
EV/EBITDA104.45104.4518.5715.8719.88
P/B2.412.415.543.182.94
Growth & Yield
Revenue Growth-70.4%-70.4%17.3%25.4%—
EPS Growth——4.9%20.2%—
Dividend Yield18.1%18.1%———

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 -38.9%

Total return

-38.9%

Start / end P/E

n/dx → n/dx

EPS bridge

6.26 → n/d

Residual

-57.0%

EPS growthn/d
Multiple reratingn/d
Dividend+18.1%
Residual / FX / buybacks / cross-term-57.0%

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.