{
|
"batch_id": "BATCH-STOCK-VALUATION-INDUSTRY-RESEARCH-GAPS-20260814-001",
|
"ticker": "300077.SZ",
|
"company": "国民技术",
|
"as_of": "2026-08-13",
|
"v2_status": "BLOCKED",
|
"v2_failure": {
|
"complete": false,
|
"error": "ValueError: E_HISTORICAL_SHARES_UNPROVEN：quote f124 缺失或为 0",
|
"error_code": "E_CORE_INPUT",
|
"error_type": "CoreInputError",
|
"recorded_at": "2026-08-14T00:54:44.291+08:00",
|
"rollback_errors": [],
|
"run_id": "57a538d9d1824ed9822ae54fe3b973e2",
|
"schema_version": 2,
|
"status": "BLOCKED"
|
},
|
"v2_runtime_package": "v2_300077_SZ.failed-57a538d9d1824ed9822ae54fe3b973e2",
|
"v2_raw_artifact_hashes": [
|
"0f1671a59999b7cfdc18b77595817c70c779f020de05f1c45bbaf31b41a83b6a",
|
"17f6b143ba52e5358968456008ccfd9cfa941ca935220b818ab5ebaf5534fdd2",
|
"26d2fe809bc51a65ee92da3158c6bfeff27048004749c035eff5df67988f251d",
|
"361d842a37c769aa99b5d593b4a83b03bdc869ca7f691e20aa1f19cfebceeba2",
|
"533806221f4bfbccb659aa06afe207f054df10f3cb890b07e2584c9e370075e7",
|
"5e95399d164769546e590f6f1b2056cb68ddd186323a464afa9d1fec91bebe77",
|
"d2438c15d3204c7433a822d1cf43680c3983c2776f87e8a40570f4e505c559a6",
|
"d6d8c3ec3239e1f18cba87cc0e0b8522adc15875470c9c2568c3464be849bfbc",
|
"db90aa7bc2aa8e41a31ceac46378acf85aafe407747181791e80e2cf25359293",
|
"fe24f5a508808977144025312604882160e2300b09ca9945d5760a06380dce6d"
|
],
|
"market_contract": {
|
"table": "trading_xuntou.cn_stock_kline_1d_front",
|
"source": "xtquant",
|
"source_batch_id": "FKL_20260813_161015_179d5321_1d_20260813_00006",
|
"updated_at": "2026-08-13 16:18:33",
|
"trade_date": "2026-08-13"
|
},
|
"quote_raw_hash": "fe24f5a508808977144025312604882160e2300b09ca9945d5760a06380dce6d",
|
"share_proof": {
|
"shares": 678126700.0,
|
"shares_fallback": false,
|
"shares_fallback_source": "eastmoney.market:f84",
|
"report_shares": 678126700.0,
|
"share_unit_correction": null,
|
"static_total_shares": 583126700.0,
|
"match_report": true,
|
"quote_market_cap": 13264158252.0,
|
"price_times_shares": 13264158252.0,
|
"gap_rate": 0.0
|
},
|
"industry_membership": {
|
"industries": [
|
"半导体"
|
],
|
"layers": [
|
"OFFICIAL_IDENTITY_INDEXED"
|
],
|
"research_name": "国民技术"
|
},
|
"bounded_gaps": [
|
"V2 quote f124=0，端到端流程诚实阻断；正式估值用当前总股本/市值勾稽，股本历史日期无A1完全匹配时显式保留缺口。",
|
"机构汇总缺逐家报告日期与明细，不把一致预期写成法定事实。"
|
],
|
"checks": {
|
"v1_qa": {
|
"error_count": 0,
|
"info_count": 0,
|
"issues": [
|
{
|
"action": "使用正常化情景、PB 或反向估值。",
|
"field": "metrics.ttm_attributable_profit",
|
"issue_id": "QA-NEGATIVE-TTM-PROFIT",
|
"message": "TTM 归母利润不为正，报告 PE 不适用。",
|
"recalc_scope": "PE 模块",
|
"severity": "WARNING"
|
},
|
{
|
"action": "检查主营盈利恢复条件。",
|
"field": "metrics.ttm_deduct_profit",
|
"issue_id": "QA-NEGATIVE-TTM-DEDUCT",
|
"message": "TTM 扣非利润不为正，扣非 PE 不适用。",
|
"recalc_scope": "扣非 PE 模块",
|
"severity": "WARNING"
|
},
|
{
|
"action": "拆解营运资本、资本开支与回款持续性。",
|
"field": "metrics.annual_fcf",
|
"issue_id": "QA-NEGATIVE-FCF",
|
"message": "最近完整年度简化自由现金流为负。",
|
"recalc_scope": "DCF 与现金流交叉验证",
|
"severity": "WARNING"
|
}
|
],
|
"status": "PASS_WITH_WARNINGS",
|
"warning_count": 3
|
},
|
"label": "明显偏贵",
|
"base_low": 0.46799999999999997,
|
"base_high": 1.125,
|
"optimistic_high": 2.2425,
|
"price": 19.56,
|
"bubble_status": "泡沫-极端"
|
}
|
}
|
