PRC
ConstructionValuation Breakdown
Construction and industrial firms have characteristics of both cyclical businesses (lumpy project-based revenue) and growth companies (expanding order books). This model blends two approaches 50/50: EV/EBITDA valuation (captures current earning power relative to peers) and FCF-based DCF (captures future cash generation potential). If EV/EBITDA produces a negative value (debt exceeds enterprise value), only DCF is used.
Valuation Track Record
Retroactive intrinsic value vs actual close price — PRC
Earnings Quality
Fiscal year 2025
Financial Forensics
Beneish M-Score · 2019
The Beneish M-Score of -3.0673 indicates a low likelihood of earnings manipulation, as it is well below the threshold of -1.78. However, the earnings quality score of 62.7/100 reveals significant weaknesses in revenue and margin metrics, which could raise concerns about the sustainability of earnings.
- Earnings quality score of 0.0/100 for eq_margin and eq_revenue suggests potential issues in revenue recognition and profitability.
- High concentration of ownership with the top five shareholders holding 76.2% of shares, indicating potential governance risks.
- Beneish M-Score of -3.0673 suggests low likelihood of earnings manipulation.
- Strong cash conversion rate of 100.0/100 indicates effective cash management.
The high concentration of ownership among a few individuals (76.2% by top five shareholders) poses governance risks, as decisions may favor minority interests over broader shareholder value.
Investors should closely monitor revenue recognition practices and consider diversifying their portfolio to mitigate risks associated with ownership concentration.
Generated by AI based on quantitative data. Not financial advice.
Quantitative Scores
Key Ratios
Company Overview
// OWNERSHIP_NETWORK
> mapping common ownership for PRC — hover nodes for intel, click to navigate