{
|
"batch_id": "BATCH-STOCK-VALUATION-CURRENT-RESEARCH-20260820-001",
|
"ticker": "600123.SH",
|
"company": "兰花科创",
|
"as_of": "2026-08-19",
|
"v2_status": "BLOCKED",
|
"v2_failure": {
|
"complete": false,
|
"error": "ValueError: E_BALANCE_SCHEMA_DRIFT：MINORITY_EQUITY 为负；ValueError: E_HISTORICAL_SHARES_UNPROVEN：quote f124 缺失或为 0",
|
"error_code": "E_CORE_INPUT",
|
"error_type": "CoreInputError",
|
"recorded_at": "2026-08-20T15:18:49.427+08:00",
|
"rollback_errors": [],
|
"run_id": "44aa7dfbe43442a7b61a7ff05b5ca1fd",
|
"schema_version": 2,
|
"status": "BLOCKED"
|
},
|
"v2_runtime_package": "v2_600123_SH.failed-44aa7dfbe43442a7b61a7ff05b5ca1fd",
|
"v2_raw_artifact_hashes": [
|
"0bb6b9cc64c234af567c37ba1923f9cc007025126f58b1e2231443253ce9540b",
|
"1bd7ea44f3e9d968413970271da8b5dcaf3c3db43b3f4b31cc2d5e169232f56e",
|
"4224eda03e6888c622cc5650089752228d663823e9df75b02c1fc5d7f64594b0",
|
"54d4cf501d8ccb16acac1343d141d6deca58dada47bbd335078d9da40e75e9c3",
|
"622a0e3376c4898ee22f01cd3d95b733d64b567e4d990cab84e7f2114d3f9c28",
|
"79d0e408ae38a3b2904ade6bd95465a9245c1e5d02c8ba8c768d9504b9be977b",
|
"8df7ad51e0a250f684cc74d328a0b30941284e9d0263b5b67aadc7a62dc14d32",
|
"9ce02487309dc89c94478d0f596bc9d37a4f54ecbc619ebe19182f3f26d60f09",
|
"d2e19d4c76a24d94d3aa0a500548db824a3c82989abba34807b8fdd2d15ff24f",
|
"dcbf446ec4e652ab38b38e9de0b4014385fe415ba218627810277c4f26246b63"
|
],
|
"market_contract": {
|
"table": "trading_xuntou.cn_stock_kline_1d_front",
|
"source": "xtquant",
|
"source_batch_id": "FKL_20260819_161003_75ac38b0_1d_20260819_00010",
|
"updated_at": "2026-08-19 16:27:25",
|
"trade_date": "2026-08-19"
|
},
|
"quote_raw_hash": "54d4cf501d8ccb16acac1343d141d6deca58dada47bbd335078d9da40e75e9c3",
|
"share_proof": {
|
"shares": 1473240021.0,
|
"shares_fallback": false,
|
"shares_fallback_source": "eastmoney.market:f84",
|
"report_shares": 1473240021.0,
|
"share_unit_correction": null,
|
"static_total_shares": 1473240021.0,
|
"match_report": true,
|
"quote_market_cap": 10710454952.67,
|
"price_times_shares": 10725187352.880001,
|
"gap_rate": 0.0013736263736264659
|
},
|
"industry_membership": {
|
"industries": [
|
"农业"
|
],
|
"layers": [
|
"FERTILIZER:D_NO_FERTILIZER_EXPORT_DISCLOSURE"
|
],
|
"research_name": "兰花科创"
|
},
|
"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": "偏贵",
|
"base_low": 2.1645000000000003,
|
"base_high": 5.2392,
|
"optimistic_high": 10.845143999999998,
|
"price": 7.28,
|
"bubble_status": "泡沫-中"
|
}
|
}
|
