| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | n/a | n/a |
| Intrinsic value (DCF) | n/a | |
| Graham-Dodd Method | n/a | |
| Graham Formula | 52.32 | 10364 |
Easy Visible Supply Chain Management Co., Ltd. is a specialized Chinese supply chain management company headquartered in Kunming that provides comprehensive enterprise supply chain solutions. Operating in China's rapidly growing logistics and supply chain sector, the company offers integrated services including supply chain management, logistics consulting, trade financing, accounts receivable management, and digital platform construction. As part of the Industrials sector's Specialty Business Services industry, Easy Visible focuses on digitizing trade and physical assets through information technology services, positioning itself at the intersection of traditional logistics and financial technology. The company serves Chinese businesses seeking to optimize their supply chain operations while addressing working capital challenges through its commercial factoring and credit evaluation services. With China's continued emphasis on supply chain modernization and efficiency, Easy Visible plays a role in supporting the digital transformation of the country's extensive manufacturing and trade ecosystems.
Easy Visible presents a highly speculative investment case with significant financial distress indicators. The company reported a substantial net loss of CNY -741 million on revenue of CNY 885 million in FY 2021, representing severe operational challenges. With negative operating cash flow of CNY -19 million and a high beta of 1.40, the stock exhibits elevated volatility and financial risk. The company maintains a concerning debt burden of CNY 2.14 billion against minimal cash reserves of CNY 9.4 million, creating liquidity pressures. While the dividend payment of CNY 0.72 per share suggests some cash return to shareholders, this appears unsustainable given the negative earnings and cash flow position. Investors should approach with extreme caution due to the company's apparent financial instability and operational losses.
Easy Visible operates in China's highly fragmented and competitive supply chain management sector, where it faces competition from both specialized logistics providers and larger integrated service companies. The company's attempt to combine traditional supply chain management with financial services through trade financing and commercial factoring represents a niche positioning, but this hybrid model faces challenges from both sides—specialized logistics firms with stronger operational capabilities and financial institutions with superior capital resources. The company's negative financial performance suggests it lacks sustainable competitive advantages in either domain. In the digital platform space, Easy Visible competes with well-funded technology companies developing supply chain SaaS solutions. The company's regional base in Kunming may provide some local market knowledge advantages in Southwest China, but this appears insufficient to overcome broader competitive pressures. The high debt load further constrains its ability to invest in technology or scale operations to compete effectively against better-capitalized rivals. Without demonstrated operational excellence or technological differentiation, Easy Visible's competitive positioning appears weak in a market where scale, technology, and financial strength are critical success factors.