{
|
"batch_id": "BATCH-STOCK-VALUATION-INDUSTRY-RESEARCH-GAPS-20260814-001",
|
"ticker": "001309.SZ",
|
"company": "德明利",
|
"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": "2026-08-14T00:54:37.665+08:00",
|
"rollback_errors": [],
|
"run_id": "ef53b427982c4b179463c99494f72854",
|
"schema_version": 2,
|
"status": "BLOCKED"
|
},
|
"v2_runtime_package": "v2_001309_SZ.failed-ef53b427982c4b179463c99494f72854",
|
"v2_raw_artifact_hashes": [
|
"10c7e7384d323c4183e3b9c13c42366c585722e34806d47c11c948ae0580fb8c",
|
"1f231c941ad78ebd091903774c182fa9fc6d9e5a7a4154b5b9d057ed59e51053",
|
"7a2140257b58c708b2eafcf2f4eea108ee472a551fb3131e8defdd6c355523b3",
|
"9b591fbe2548428266cf769066d2c9b285f5634728dd2d42643e1581ca8b9e66",
|
"a0163baea3fb5c096b1aed34f817ef5d665c6d6e99fe87abd594dfcfb0437c2c",
|
"b5738e83aeeca2966eac0cdaf9d53d5ff8fcc422f5cbcf0f1a7703a33d694ecf",
|
"c0005ca68b2974951ae89f13be416a67f9b1c0d8c3ee8769cad57e161a1a1d76",
|
"d2438c15d3204c7433a822d1cf43680c3983c2776f87e8a40570f4e505c559a6",
|
"dbcf8b1967b67f3b6a7788f431fe902032a711d09f08f7562a9ce90450da29de",
|
"eaa74aaa08de424eeaf02fda9717e76a5ffd2475ac01c6d3a8bc0cd7be77b27a"
|
],
|
"market_contract": {
|
"table": "trading_xuntou.cn_stock_kline_1d_front",
|
"source": "xtquant",
|
"source_batch_id": "FKL_20260813_161015_179d5321_1d_20260813_00002",
|
"updated_at": "2026-08-13 16:17:25",
|
"trade_date": "2026-08-13"
|
},
|
"quote_raw_hash": "b5738e83aeeca2966eac0cdaf9d53d5ff8fcc422f5cbcf0f1a7703a33d694ecf",
|
"share_proof": {
|
"shares": 226842870.0,
|
"shares_fallback": false,
|
"shares_fallback_source": "eastmoney.market:f84",
|
"report_shares": 226845658.0,
|
"share_unit_correction": null,
|
"static_total_shares": 226845658.0,
|
"match_report": false,
|
"quote_market_cap": 89950003241.09999,
|
"price_times_shares": 89950003241.09999,
|
"gap_rate": 0.0
|
},
|
"industry_membership": {
|
"industries": [
|
"半导体"
|
],
|
"layers": [
|
"PRIMARY_EVIDENCE_ENRICHED_WITH_EXPLICIT_GAPS"
|
],
|
"research_name": "德明利"
|
},
|
"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": "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": 1
|
},
|
"label": "基本合理",
|
"base_low": 398.73600000000005,
|
"base_high": 904.8239999999998,
|
"optimistic_high": 1831.3637759999995,
|
"price": 396.53,
|
"bubble_status": "未识别估值泡沫"
|
}
|
}
|
