{
|
"batch_id": "BATCH-STOCK-VALUATION-CURRENT-RESEARCH-20260820-001",
|
"ticker": "600876.SH",
|
"company": "凯盛新能",
|
"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": "2026-08-20T15:18:51.468+08:00",
|
"rollback_errors": [],
|
"run_id": "20b54e0db00e4d6e841bf71870f544e5",
|
"schema_version": 2,
|
"status": "BLOCKED"
|
},
|
"v2_runtime_package": "v2_600876_SH.failed-20b54e0db00e4d6e841bf71870f544e5",
|
"v2_raw_artifact_hashes": [
|
"12b03c1a09dea4db772552368d012dc8f59a2a7882d46db4ea929f594e1d0edb",
|
"175cbc1537e90defb4cc0e967061e1a7d8bd5e8ff578a9cf288319406d442abe",
|
"1bd7ea44f3e9d968413970271da8b5dcaf3c3db43b3f4b31cc2d5e169232f56e",
|
"5609f2a2839b85a9717e739d46aec073cd7edbac1a5d705f8602130c4c7f4514",
|
"5a5379440bb6e9c3e4a12a4027b366950967212899947f58bf662e5468a4387e",
|
"7ff4ba16aadd5f6d47fbeb17299c59870aec5d2e4b1d6f41e92e61b111f6cfa2",
|
"cc820bf1e934da5e5959254c08152a096d005c829b6c0ed3d2fbb97707dab40a",
|
"ea6528a2204b61a7ee34683a73ca00f8afdc86aadf3f765d4dae39bbfb19dbe7",
|
"ea8fd78752ce906fad2e9a5eb25e836fc138f091fe2e63d7ca4c3475798f0705",
|
"f48c442c8cc03be3d78f1e03ca767321398acc7ef7ade03e17d05bf761b5c66f"
|
],
|
"market_contract": {
|
"table": "trading_xuntou.cn_stock_kline_1d_front",
|
"source": "xtquant",
|
"source_batch_id": "FKL_20260819_161003_75ac38b0_1d_20260819_00012",
|
"updated_at": "2026-08-19 16:27:51",
|
"trade_date": "2026-08-19"
|
},
|
"quote_raw_hash": "7ff4ba16aadd5f6d47fbeb17299c59870aec5d2e4b1d6f41e92e61b111f6cfa2",
|
"share_proof": {
|
"shares": 645674963.0,
|
"shares_fallback": false,
|
"shares_fallback_source": "eastmoney.market:f84",
|
"report_shares": 645674963.0,
|
"share_unit_correction": null,
|
"static_total_shares": 645674963.0,
|
"match_report": true,
|
"quote_market_cap": 4539094989.89,
|
"price_times_shares": 4487440992.85,
|
"gap_rate": 0.011510791366906465
|
},
|
"industry_membership": {
|
"industries": [
|
"新能源"
|
],
|
"layers": [
|
"SOLAR"
|
],
|
"research_name": "凯盛新能"
|
},
|
"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": "偏贵",
|
"base_low": 3.832625026748947,
|
"base_high": 5.961861152720583,
|
"optimistic_high": 9.368638954275204,
|
"price": 6.95,
|
"bubble_status": "泡沫-中"
|
}
|
}
|
