{
|
"batch_id": "BATCH-STOCK-VALUATION-CURRENT-RESEARCH-20260820-001",
|
"ticker": "300902.SZ",
|
"company": "国安达",
|
"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": "2026-08-20T15:18:49.072+08:00",
|
"rollback_errors": [],
|
"run_id": "6a90a1fdc14e4fbdab90506de9267052",
|
"schema_version": 2,
|
"status": "BLOCKED"
|
},
|
"v2_runtime_package": "v2_300902_SZ.failed-6a90a1fdc14e4fbdab90506de9267052",
|
"v2_raw_artifact_hashes": [
|
"00c9031268662a62eecb4018e69b906391cbdbe3114447cf764170e26902085d",
|
"0dd4c9b8f2aa9a7ebd3583cd71a3caa6f62d81acf96a0f96055719a53598724f",
|
"1bd7ea44f3e9d968413970271da8b5dcaf3c3db43b3f4b31cc2d5e169232f56e",
|
"5ebf2b04b46d653804ff62c041ef43b07171c838f5cccdb1b1078b6d16f05bfe",
|
"7385461cf3f7ce265a2631ba4cf1545322c2bee75e5b034b1d377c322018531c",
|
"812f9bf06e5260339f7694ee146cb3ab58ccb912cf8abef08ea1d85ec85bfc5c",
|
"89d3307e672e880bf5e6794600620cd5781dabab92fd63e1b130c8ed2a593663",
|
"9be7062285ef7c13f30e52d77310137c1ff24c110f90a458a075280c79daa42e",
|
"e34958d62a598bca10e27ddca25bac5bfc46917e3385f07ddd4a3242714d3ba2",
|
"ea6528a2204b61a7ee34683a73ca00f8afdc86aadf3f765d4dae39bbfb19dbe7"
|
],
|
"market_contract": {
|
"table": "trading_xuntou.cn_stock_kline_1d_front",
|
"source": "xtquant",
|
"source_batch_id": "FKL_20260819_161003_75ac38b0_1d_20260819_00008",
|
"updated_at": "2026-08-19 16:27:00",
|
"trade_date": "2026-08-19"
|
},
|
"quote_raw_hash": "5ebf2b04b46d653804ff62c041ef43b07171c838f5cccdb1b1078b6d16f05bfe",
|
"share_proof": {
|
"shares": 181803369.0,
|
"shares_fallback": false,
|
"shares_fallback_source": "eastmoney.market:f84",
|
"report_shares": 181803369.0,
|
"share_unit_correction": null,
|
"static_total_shares": 181803369.0,
|
"match_report": true,
|
"quote_market_cap": 2927034240.9,
|
"price_times_shares": 2941578510.42,
|
"gap_rate": 0.004944375772558708
|
},
|
"industry_membership": {
|
"industries": [
|
"新能源"
|
],
|
"layers": [
|
"POWER_SYSTEM",
|
"STORAGE"
|
],
|
"research_name": "国安达"
|
},
|
"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": "明显偏贵",
|
"base_low": 4.015135266338217,
|
"base_high": 6.691892110563694,
|
"optimistic_high": 10.70702737690191,
|
"price": 16.18,
|
"bubble_status": "泡沫-极端"
|
}
|
}
|
