Positive context积极背景
Stocks股票 / Industrials / GHM
Graham Corp · Industrials
GHM US listed · USD美股 · 美元
Industrials
Russell 2000罗素2000
Secular growth长期成长
$87.21
-$0.32 · -0.37%
52w low52周低 $50.60high高 $127
Neutral — no clear edge中性 — 无明显优势
Daily low forming, but the bigger trend is still bearish. Small size only; stop below 83.22.日线低点正在形成，但大趋势仍偏空。只适合小仓位；止损设于 83.22 下方。
As of 2026-09-27截至 2026-09-27
Company intelligence公司情报
The latest call, in context把最新财报放回历史脉络
A synthesized event record across management commentary and recorded metrics. Read as context; verify exact wording in the transcript before relying.综合管理层表述与记录指标形成事件档案。仅供参考；使用前请在电话会原文中核对准确措辞。
Live company record实时公司记录
JavaScript loads the source-bounded event record here. Open Terminal if the live module does not start.JavaScript 会在此加载受来源约束的事件记录。如实时模块未启动，请打开终端。
Continue with full transcript history继续查看完整电话会历史 ↗Pressure context压力背景
History mode历史模式
Context only仅供参考 · not a signal or recommendation不构成信号或建议
Narrative claims may await line-level citation; verify in the transcript.叙述性内容可能仍待逐行引用，请在电话会原文中核对。
Price chart价格图表
daily · interactive日线 · 可交互
Open in Terminal打开终端 ↗
Loading chart…图表加载中…
The interactive chart could not load here.互动图表暂时无法在此加载。
Open the live chart in Terminal在终端中打开实时图表 ↗
Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
MMastermind Terminal — live & interactiveMastermind 终端 — 实时互动 ↗
Technicals技术面
daily bars日线数据 · 2026-09-27
Momentum (RSI 14)动量（RSI 14）
44
Neutral zone中性区域
vs 50-day average相对50日均线
-9.7% below下方
Below trend跌破趋势
vs 200-day average相对200日均线
-3.1% below下方
Long trend down长期向下
Volatility波动率
27th percentile第27百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
Beat in 3 of last 4 quarters近 4 季中 3 季超预期
EPS surprise vs consensus, last quarters每股收益相对预期的超预期幅度（近几个季度） · average平均 41.6%
Financials财务数据
fiscal years财年Revenue营业收入
$245.3M2026
20212026
5-yr growth5年复合增速 20.3%
Earnings per share每股收益
$1.122026
20212026
5-yr growth5年复合增速 36.1%
Free cash flow自由现金流
-$121.0K2026
20212026
Gross margin毛利率
23.5%
Operating margin营业利润率
6.1%
Net margin净利率
5.1%
FCF margin自由现金流利润率
6.5%
Balance-sheet quality财务体质 3/8
Return on equity股本回报率 10%
Watch关注
Leverage杠杆
Net debt / EBITDA净债务/EBITDA0.28
Current ratio流动比率1.00
Capital allocation资本配置
Stock-based comp股权薪酬$2.1M
Share count change (1y)股数变化（1年）+0.9%
Debt coming due到期债务
FY2023 10-KIn the 12-month bucket following fiscal period end 2023-03-31, it reported $2.0M due — about 16% of its disclosed principal.在财年期末 2023-03-31 之后12个月的区间内，已披露到期本金为 $2.0M，约占其披露本金的 16%。
All maturity buckets are measured from fiscal period end 2023-03-31, not from today.所有到期区间均从财年期末 2023-03-31 起算，而非从今天起算。
First 12 months after period end报告期末之后首12个月
$2.0M
Year 2第2年
$2.0M
Year 3第3年
$8.5M
Year 4第4年
$0
Year 5第5年
$0
After year 55年以后
$0
Cash reported at 2026-03-31: $6580000.截至 2026-03-31 披露的现金：$6580000。 At the cash-burn pace reported over 2025-04-01 to 2026-03-31, that cash represented about 652.6 months. This scenario excludes debt payments and future financing.按 2025-04-01 至 2026-03-31 期间披露的现金消耗速度，该现金约对应 652.6 个月。此情景不包括债务偿还与未来融资。
Capital-need coverage is partial; incomplete or incompatible filing inputs are not combined.资本需求覆盖信息不完整；不会合并不完整或不兼容的报告数据。
Any available cash-flow scenario is context only. Missing or incompatible inputs are not replaced with zero or a financing forecast.可用现金流情景仅供参考；缺失或不兼容的输入不以零值或融资预测替代。
Sources and cash-flow calculation来源与现金流计算
Figures are XBRL facts from one filing — no two years are mixed. Filing数据取自同一份文件中的 XBRL 事实，不跨文件拼接。文件
0000950170-23-026915, period ending报告期截至 2023-03-31, unit单位 USD.
Cache acquired缓存获取时间: 2026-09-25T08:20:50.389572+00:00.
6/6 buckets reported.个区间有披露。
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonthsLongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwoLongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFourLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFiveLongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
Annual period年度区间 2025-04-01 — 2026-03-31 · USD · 10-K · 0001193125-26-260688 · Filed提交日期 2026-06-08.
Cache acquired缓存获取时间: 2026-09-25T08:20:50.389572+00:00 · Evaluated as of评估截至 2026-09-28.
- Reported operating cash flow已披露经营活动现金流: $15933000
- Reported equipment spending (capex outflow)已披露设备支出（资本开支流出）: $16054000
- Derived free cash flow (operating cash flow minus capex)计算所得自由现金流（经营现金流减资本开支）: $-121000
Cash is the reported balance at period end. The runway scenario holds this annual cash-flow pace constant and excludes debt payments, restricted-cash adjustments and future financing.现金为期末已披露余额。现金跑道情景假设本年度现金流速度保持不变，不包括债务偿还、受限现金调整与未来融资。
Research context only — reported figures from SEC filings, not a rating, a signal or investment advice.仅供研究参考 — 数据摘自 SEC 文件披露口径，不构成评级、信号或投资建议。
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Positioning持仓
Quiet — no confirmed driver平静 — 无明确驱动
Technical技术面
UNCONFIRMED TURN → UPTREND未确认转向 → 上涨趋势
Ownership & smart money持仓与聪明钱
13FConcentrated ownership集中持仓
| Fund基金 | Grade评级 | Latest move最新动作 | % of book组合占比 | As of截至 |
|---|---|---|---|---|
| Polen Capital Management | C | trimtrim | 0.0% | 2026-06-30 |
Signal history信号历史
engine events引擎事件
UPTREND → UNCONFIRMED TURN上涨趋势 → 未确认转向
HIGH-RISK · NIMBLE ONLY. A daily bottoming setup is forming (swing low in, momentum turned up) — but the higher timeframes haven't confirmed it: the bigger picture is still bearish (weekly momentum negative; investor cycle overdue). This is an UNCONFIRMED TURN, not a confirmed buy. Weekly confirmation lags price, so this exact reading covers BOTH bounces that fail AND the first leg of a genuine new cycle — you can't tell which in real time, so treat it as a risk/size signal, not a direction call. Measured: weekly-unconfirmed bottoming setups held the low ~49% of the time vs ~68% once the weekly turns up高风险 · 仅限灵活操作。正在形成日线筑底形态（摆动低点已现、动量转向上行）——但更高周期尚未确认：大局仍偏空（周线动量为负；投资者周期已逾期）。这是「未确认转向」，并非已确认的买入。周线确认滞后于价格，因此同样的读数既涵盖最终失败的反弹，也涵盖真正新周期的第一段——实时无法判定属于哪一种，故应将其视为风险/仓位信号，而非方向判断。实测：周线未确认的筑底形态约 49% 守住低点，周线转向后升至约 68%
Sep 23, 2026
UNCONFIRMED TURN → UPTREND未确认转向 → 上涨趋势
HOLD持有
Sep 21, 2026
NEARING A LOW → UNCONFIRMED TURN接近低点 → 未确认转向
HIGH-RISK · NIMBLE ONLY高风险 · 仅限灵活操作
Sep 17, 2026
DOWNTREND → NEARING A LOW下跌趋势 → 接近低点
GET READY准备
Sep 17, 2026
GHM daily MACD crossed upGHM 日线MACD上穿
The daily MACD histogram turned positive — fast and noisy, context rather than a standalone trigger. $83.62.日线MACD柱状图转正 — 快速且嘈杂，仅作背景。$83.62。
Sep 14, 2026
UNCONFIRMED TURN → DOWNTREND未确认转向 → 下跌趋势
AVOID回避
Sep 11, 2026
DOWNTREND → UNCONFIRMED TURN下跌趋势 → 未确认转向
HIGH-RISK · NIMBLE ONLY高风险 · 仅限灵活操作
Sep 9, 2026
UNCONFIRMED TURN → DOWNTREND未确认转向 → 下跌趋势
AVOID回避
Sep 9, 2026
GHM lost its 200-day averageGHM 跌破200日均线
Price closed below the 200-day moving average — the classic bear dividing line. $87.48.收盘跌破200日均线 — 经典的空头分界线。$87.48。
Sep 8, 2026
DOWNTREND → UNCONFIRMED TURN下跌趋势 → 未确认转向
HIGH-RISK · NIMBLE ONLY高风险 · 仅限灵活操作
Sep 8, 2026
GHM reclaimed its 200-day averageGHM 收复200日均线
Price closed back above the 200-day moving average — the classic bull dividing line. $88.74.收盘重回200日均线 — 经典的多头分界线。$88.74。
Sep 8, 2026
GHM StochRSI turned up from oversoldGHM StochRSI自超卖区上行
StochRSI popped back above 20 — the earliest oscillator heads-up that downside momentum is easing. $88.74.StochRSI重回20上方 — 下行动量趋缓的最早预警。$88.74。
Showing the last 15 of显示最近15条，共 184 signals条信号
Company profile公司档案
Watch items — what could change the story关注项 — 可能改变故事的因素
- Margin compression despite revenue growth
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | +3.8% | +1.3% |
| 1 Month近1月 | -5.1% | +0.9% |
| 3 Months近3月 | -28.3% | +6.1% |
| 6 Months近6月 | +11.6% | +22.3% |
| Year to date年初至今 | +31.4% | +13.8% |
| 1 Year近1年 | +68.4% | +18.5% |
Trading information交易信息
Volatility rank波动率分位
27th pctile
EPS (trailing)每股收益
$1.14
Off 52-week high距52周高点
-29.6%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20212021 | 20222022 | 20232023 | 20242024 | 20252025 | 20262026 | |
|---|---|---|---|---|---|---|
| Revenue营业收入 | $97M | $123M | $157M | $186M | $210M | $245M |
| EPS每股收益 | $0.24 | $-0.83 | $0.03 | $0.42 | $1.11 | $1.12 |
| Free cash flow自由现金流 | $-4M | $-5M | $10M | $19M | $5M | $-121,000 |
| Gross margin毛利率 | 21.0% | 7.4% | 16.2% | 21.9% | 25.2% | 23.5% |
| Net margin净利率 | 2.4% | -7.1% | 0.2% | 2.5% | 5.8% | 5.1% |
| FCF margin自由现金流利润率 | -4.0% | -3.7% | 6.5% | 10.2% | 2.6% | -0.0% |
Latest fiscal year最近财年
Revenue (FY)营业收入（财年）
$245M
Gross profit毛利润
$58M
Net income净利润
$12M
Operating cash flow经营现金流
$16M
Total assets总资产
$293M
Shareholder equity股东权益
$131M
Long-term debt长期负债
$0
Shares outstanding总股本
0.01B
Returns & growth回报与增长
Return on equity股本回报率
9.5%
Return on assets资产回报率
4.3%
Debt / assets负债/资产
0.0%
Profit growth利润增速
+2.2%
Asset growth资产增速
+10.9%
Accounting quality checks会计质量检查
- Earnings quality: earnings cash-backed盈利质量：盈利有现金支撑
- Working capital: inventory +193% vs sales +152% — inventory building, demand risk营运资本：存货 +193% 对销售 +152%——存货积压，需求风险
- Pricing power: gross margin +2.5pts over 6 years定价能力：毛利率 6 年上升 2.5 个百分点
- Capital discipline: share count +11.2% over 6 years (dilution)资本纪律：股本 6 年增加 11.2%（稀释）
- Balance sheet: leverage unremarkable资产负债表：杠杆水平一般
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
44
RSI (2-day)RSI（2日）
50
vs 20-day average相对20日均线
+1.5%
vs 50-day average相对50日均线
-9.7%
vs 200-day average相对200日均线
-3.1%
Golden cross (50>200)金叉（50>200）
in effect生效中
MACDMACD
above signal位于信号线上方
Timeframe alignment多周期共振
Daily日线
momentum up动能向上
3-day3日线
momentum down — turning up soon动能向下——接近转强
Weekly周线
momentum down动能向下
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range width percentile波幅宽度分位
0/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Earnings — full detail财务业绩 — 完整明细
Surprise history超预期历史
| Quarter季度 | Reported实际 | Expected预期 | Surprise超预期 |
|---|---|---|---|
| Mar 2026 | $0.33 | $0.30 | +10.0% |
| Dec 2025 | $0.31 | $0.17 | +82.3% |
| Sep 2025 | $0.31 | $0.33 | -6.1% |
| Jun 2025 | $0.45 | $0.25 | +80.0% |
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Ownership — full detail持仓 — 完整明细
Tracked funds holding it跟踪基金持仓
| Fund基金 | Grade评级 | Latest move最新动作 | % of book组合占比 | Position市值 |
|---|---|---|---|---|
| Polen Capital Management | C | Trimming减持 | 0.0% | $2M |
Fund positioning基金持仓概览
Tracked funds in the name持有该股的跟踪基金
1
Buying vs selling买入vs卖出
0 : 1
Quarterly trend季度趋势
{'direction': 'accumulating', 'n_quarters': 3, 'holders_first': 1, 'holders_last': 1, 'holders_delta': 0, 'value_change_pct': 391.4, 'from_period': '2025-12-31', 'to_period': '2026-06-30', 'available_on': '2026-08-04', 'available_on_first': '2026-02-12', 'holders_series': [1, 1, 1]}{'direction': 'accumulating', 'n_quarters': 3, 'holders_first': 1, 'holders_last': 1, 'holders_delta': 0, 'value_change_pct': 391.4, 'from_period': '2025-12-31', 'to_period': '2026-06-30', 'available_on': '2026-08-04', 'available_on_first': '2026-02-12', 'holders_series': [1, 1, 1]}
Recent fund flows近期基金流向
Range Nuclear RenaissanceRange Nuclear Renaissance
trimming减持
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。