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| {
| "batch_id": "BATCH-STOCK-VALUATION-QINGFENGPU-TIMELINE-20260825-001",
| "ticker": "301307.SZ",
| "company": "美利信",
| "as_of": "2026-08-25",
| "v2_status": "BLOCKED",
| "v2_failure": {
| "complete": false,
| "error": "SourceContractError: 网络请求失败：Remote end closed connection without response",
| "error_code": "E_CORE_INPUT",
| "error_type": "CoreInputError",
| "recorded_at": "2026-08-25T20:13:16.410+08:00",
| "rollback_errors": [],
| "run_id": "578edd115f34418c88c45982d1946075",
| "schema_version": 2,
| "status": "BLOCKED"
| },
| "v2_runtime_package": "v2_301307_SZ.failed-578edd115f34418c88c45982d1946075",
| "v2_raw_artifact_hashes": [
| "0d85223cf6c51237ad5fe19c3225d40663dce9441835ec1fce68c270fb3226e5",
| "166172a94d9b649efe850109f2030345f95c63096c3f5d1449b92e0f8c9febc9",
| "4bf4ab9ccf2c22d4ed967f2089845d8cbd285387e01bd9dc895731e5529374df",
| "53344a4165bf5b90fedcb312c9bcc2cdb9ec20511b1577cb16489aaa90b5797d",
| "55cbc1928be1529f7687624b7ea97f2912b6404eca022a8027eca25cfc7f5be5",
| "96cd387c548c15182074ce40cdd3292f4e0a4ed3cdc97e2dd3b16a866e8c2a83",
| "a02b976e06f4e4d6d4e1526a3085c830769a17fea2bbd665d08170014a1d11c0",
| "cb9ad434c0c1fca978004bd4cf7ae6b7180d3bf0acc690014cb924cc90f34b28"
| ],
| "market_contract": {
| "table": "trading_xuntou.cn_stock_kline_1d_front",
| "source": "xtquant",
| "source_batch_id": "FKL_20260825_161021_6bd1f63d_1d_20260825_00009",
| "updated_at": "2026-08-25 16:37:51",
| "trade_date": "2026-08-25"
| },
| "quote_raw_hash": "",
| "share_proof": {
| "shares": 210600000.0,
| "shares_fallback": true,
| "shares_fallback_source": "statutory_report:report_shares",
| "report_shares": 210600000.0,
| "share_unit_correction": null,
| "static_total_shares": 210600000.0,
| "match_report": true,
| "quote_market_cap": null,
| "price_times_shares": 11067030000.0,
| "gap_rate": 0.0
| },
| "industry_membership": {
| "industries": [
| "半导体"
| ],
| "layers": [
| "timeline",
| "timeline:半导体第一层：整机/专用分系统"
| ],
| "research_name": "美利信"
| },
| "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": "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": "明显偏贵",
| "base_low": 3.2760000000000007,
| "base_high": 7.875000000000001,
| "optimistic_high": 15.697500000000002,
| "price": 52.55,
| "bubble_status": "泡沫-极端"
| }
| }
|
|
