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| {
| "batch_id": "BATCH-STOCK-VALUATION-QINGFENGPU-TIMELINE-20260825-001",
| "ticker": "002212.SZ",
| "company": "天融信",
| "as_of": "2026-08-25",
| "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": "2026-08-25T19:56:49.502+08:00",
| "rollback_errors": [],
| "run_id": "b548d3afeaf249208c6ccec157d03c37",
| "schema_version": 2,
| "status": "BLOCKED"
| },
| "v2_runtime_package": "v2_002212_SZ.failed-b548d3afeaf249208c6ccec157d03c37",
| "v2_raw_artifact_hashes": [
| "088a3eb7abb3ba67fba6e7790a0bf4fe204c05ba319252a67aff3455d17deafa",
| "1ec2256dac5f51a517aee5d12f9038ea4917555d24b9bdcabc761019f5a7a29d",
| "55ca32d225b3dd0d8e06fcb77751765ef93830935c87c5aea63c737ab6ec7ae9",
| "74ad942ee0023f8c6ac24768051b9896d29131a864b95788e01862ee38946ca5",
| "7debe9676aec2d5e2ce99ff9b2d8178f9a9b7923274b070edef1565378d01043",
| "82cf441f4db4c3168d4851204bb800448001174321fa7ea86b33e5f514fd24fb",
| "91272daea9dcf281e501441aee58277ff7962a00c9019946a836ac29fb9f5355",
| "a02b976e06f4e4d6d4e1526a3085c830769a17fea2bbd665d08170014a1d11c0",
| "b8e8273b15747853ff974a6a9e233a178728d9d5851a2b694b6cef833cae8cf4",
| "f9dbc2aa1792417cb9ac0146970b46220839681f2ba3c2e7a185cacaaf510ac9"
| ],
| "market_contract": {
| "table": "trading_xuntou.cn_stock_kline_1d_front",
| "source": "xtquant",
| "source_batch_id": "FKL_20260825_161021_6bd1f63d_1d_20260825_00003",
| "updated_at": "2026-08-25 16:36:38",
| "trade_date": "2026-08-25"
| },
| "quote_raw_hash": "1ec2256dac5f51a517aee5d12f9038ea4917555d24b9bdcabc761019f5a7a29d",
| "share_proof": {
| "shares": 1179453879.0,
| "shares_fallback": false,
| "shares_fallback_source": "eastmoney.market:f84",
| "report_shares": 1179453879.0,
| "share_unit_correction": null,
| "static_total_shares": 1179453879.0,
| "match_report": true,
| "quote_market_cap": 7383381282.54,
| "price_times_shares": 7383381282.54,
| "gap_rate": 0.0
| },
| "industry_membership": {
| "industries": [
| "AI软件"
| ],
| "layers": [
| "high_frequency",
| "overview",
| "reverse:AI应用、软件、安全与信创",
| "timeline"
| ],
| "research_name": "天融信"
| },
| "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": "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": 2
| },
| "label": "偏贵",
| "base_low": 1.794,
| "base_high": 4.248,
| "optimistic_high": 8.142000000000001,
| "price": 6.26,
| "bubble_status": "泡沫-中"
| }
| }
|
|
