{
|
"batch_id": "BATCH-STOCK-VALUATION-CURRENT-RESEARCH-20260820-001",
|
"ticker": "000912.SZ",
|
"company": "泸天化",
|
"as_of": "2026-08-19",
|
"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": "2026-08-20T15:18:41.462+08:00",
|
"rollback_errors": [],
|
"run_id": "63371a55a25242d8a4e9ae61236ff8d1",
|
"schema_version": 2,
|
"status": "BLOCKED"
|
},
|
"v2_runtime_package": "v2_000912_SZ.failed-63371a55a25242d8a4e9ae61236ff8d1",
|
"v2_raw_artifact_hashes": [
|
"1bd7ea44f3e9d968413970271da8b5dcaf3c3db43b3f4b31cc2d5e169232f56e",
|
"3f573b248911de7b02406d7de1f22180cbf3e4d648f433c236b768d0ab2f8626",
|
"4fa61ebf9a031a0d280f448e7a16ab8e0ea2a18d3b398f432bdc17bf8715e067",
|
"6179f2198ddcb72fd851cfd22687dee9bd71f1b9dbab57ad9a4805870084e250",
|
"9f93ffcc1c8025a47130d929bb56e7a88148cf09db280b8a2bca4be8656f94c1",
|
"aafeef113beabc027ba7f62c75bced8e40a70a2171f7479c64abeb81cfb5b0a1",
|
"e564a0225ed62839c78fc02e134884a85266c48aca0f9d9d17b07be5c957e44d",
|
"ea6528a2204b61a7ee34683a73ca00f8afdc86aadf3f765d4dae39bbfb19dbe7",
|
"eadc4a5fff9c03a0885f03222970598e54a521cf7fd93aeb66d012a3edcb31eb",
|
"eb1eb5265098d46d2f016eb973c8b612927c15924db6f2eaf3b26454757122f9"
|
],
|
"market_contract": {
|
"table": "trading_xuntou.cn_stock_kline_1d_front",
|
"source": "xtquant",
|
"source_batch_id": "FKL_20260819_161003_75ac38b0_1d_20260819_00002",
|
"updated_at": "2026-08-19 16:25:49",
|
"trade_date": "2026-08-19"
|
},
|
"quote_raw_hash": "aafeef113beabc027ba7f62c75bced8e40a70a2171f7479c64abeb81cfb5b0a1",
|
"share_proof": {
|
"shares": 1568000000.0,
|
"shares_fallback": false,
|
"shares_fallback_source": "eastmoney.market:f84",
|
"report_shares": 1568000000.0,
|
"share_unit_correction": null,
|
"static_total_shares": 1568000000.0,
|
"match_report": true,
|
"quote_market_cap": 5848640000.0,
|
"price_times_shares": 5770240000.0,
|
"gap_rate": 0.01358695652173913
|
},
|
"industry_membership": {
|
"industries": [
|
"农业"
|
],
|
"layers": [
|
"FERTILIZER:A_FERTILIZER_EXPORT_RATIO"
|
],
|
"research_name": "泸天化"
|
},
|
"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": 1,
|
"issues": [
|
{
|
"action": "补充法定披露、行情接口或机构预测汇总页来源。",
|
"field": "institutions",
|
"issue_id": "QA-CORE-SOURCE-MISSING",
|
"message": "核心字段没有由注册表中允许承载核心数字的来源支持。",
|
"recalc_scope": "institutions",
|
"severity": "WARNING"
|
},
|
{
|
"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"
|
},
|
{
|
"action": "不得以公司业绩预告或自有情景冒充机构预期。",
|
"field": "institutions",
|
"issue_id": "QA-INSTITUTION-NONE",
|
"message": "估值日没有可用机构盈利预测，已明确记录为空。",
|
"recalc_scope": "机构预期模块",
|
"severity": "INFO"
|
}
|
],
|
"status": "PASS_WITH_WARNINGS",
|
"warning_count": 4
|
},
|
"label": "基本合理",
|
"base_low": 3.641188135080995,
|
"base_high": 6.068646891801658,
|
"optimistic_high": 9.709835026882653,
|
"price": 3.68,
|
"bubble_status": "未识别估值泡沫"
|
}
|
}
|
