Bairong Future Growth

Future criteria checks 4/6

Bairong is forecast to grow earnings and revenue by 28.1% and 15% per annum respectively. EPS is expected to grow by 29.2% per annum. Return on equity is forecast to be 10.3% in 3 years.

Key information

28.1%

Earnings growth rate

29.2%

EPS growth rate

Capital Markets earnings growth	18.3%
Revenue growth rate	15.0%
Future return on equity	10.3%
Analyst coverage	Good
Last updated	02 Sep 2024

Recent future growth updates

Recent updates

Shareholders Will Probably Hold Off On Increasing Bairong Inc.'s (HKG:6608) CEO Compensation For The Time Being

Jun 14

Bairong Inc.'s (HKG:6608) 26% Cheaper Price Remains In Tune With Earnings

Apr 03

Cautious Investors Not Rewarding Bairong Inc.'s (HKG:6608) Performance Completely

Aug 24

Earnings and Revenue Growth Forecasts

SEHK:6608 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	3,998	592	N/A	531	5
12/31/2025	3,485	466	N/A	467	6
12/31/2024	2,984	377	N/A	368	6
6/30/2024	2,759	275	260	312	N/A
3/31/2024	2,720	308	286	325	N/A
12/31/2023	2,681	340	311	339	N/A
9/30/2023	2,516	343	297	323	N/A
6/30/2023	2,352	346	283	306	N/A
3/31/2023	2,203	293	281	304	N/A
12/31/2022	2,054	240	278	302	N/A
9/30/2022	1,916	189	160	185	N/A
6/30/2022	1,777	138	41	68	N/A
3/31/2022	1,700	-1,733	143	167	N/A
12/31/2021	1,623	-3,603	244	265	N/A
9/30/2021	1,580	-3,617	270	290	N/A
6/30/2021	1,454	-3,665	256	272	N/A
3/31/2021	1,295	-1,888	223	240	N/A
12/31/2020	1,137	-111	190	209	N/A
9/30/2020	1,104	-155	140	171	N/A
12/31/2019	1,262	-93	20	63	N/A
12/31/2018	858	-179	43	56	N/A
12/31/2017	354	-345	N/A	-145	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6608's forecast earnings growth (28.1% per year) is above the savings rate (2.3%).

Earnings vs Market: 6608's earnings (28.1% per year) are forecast to grow faster than the Hong Kong market (11.8% per year).

High Growth Earnings: 6608's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 6608's revenue (15% per year) is forecast to grow faster than the Hong Kong market (7.3% per year).

High Growth Revenue: 6608's revenue (15% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 6608's Return on Equity is forecast to be low in 3 years time (10.3%).

Bairong Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 12%

Bairong Inc. Provides Earnings Guidance for the Year Ended December 31, 2022

Forecast to breakeven in 2022

Forecast to breakeven in 2021

Forecast to breakeven in 2021

Recent updates

First half 2024 earnings released: EPS: CN¥0.30 (vs CN¥0.43 in 1H 2023)

Bairong Inc. to Report First Half, 2024 Results on Aug 29, 2024

Bairong Inc. Appoints Han Kui Fang as an Executive Director

Shareholders Will Probably Hold Off On Increasing Bairong Inc.'s (HKG:6608) CEO Compensation For The Time Being

Bairong Inc., Annual General Meeting, Jun 21, 2024

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Bairong Inc.'s (HKG:6608) 26% Cheaper Price Remains In Tune With Earnings

Investor sentiment deteriorates as stock falls 22%

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Bairong Inc. (SEHK:6608) announces an Equity Buyback for HKD 250 million worth of its shares.

Now 23% undervalued after recent price drop

Bairong Inc. to Report Fiscal Year 2023 Results on Mar 25, 2024

Investor sentiment improves as stock rises 19%

Now 21% undervalued

Now 21% undervalued

Bairong Inc. Announces Appointment of Zheng Wei as Chief Financial Officer

Bairong Inc. Announces Management Changes

Investor sentiment improves as stock rises 16%

High number of new directors

Now 20% undervalued

Bairong Inc. Announces Director Changes

Non-Executive Director recently sold HK$1.0m worth of stock

Now 21% undervalued

First half 2023 earnings released: EPS: CN¥0.43 (vs CN¥0.21 in 1H 2022)

Consensus EPS estimates increase by 12%

Cautious Investors Not Rewarding Bairong Inc.'s (HKG:6608) Performance Completely

Bairong Inc. Announces Board and Committee Changes

Investor sentiment improves as stock rises 15%

Now 21% undervalued after recent price drop

Bairong Inc. to Report First Half, 2023 Results on Aug 22, 2023

Investor sentiment improves as stock rises 19%

Investor sentiment deteriorates as stock falls 28%

Bairong Inc. Provides Earnings Guidance for the Year Ended December 31, 2022

Investor sentiment improves as stock rises 18%

Bairong Inc. Announces Board Changes

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Less than half of directors are independent

Bairong Inc., Annual General Meeting, May 31, 2022

Less than half of directors are independent

Bairong Inc. Receives New Patent for its Smart Method and System

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Bairong Inc. Wins Three Patents for Federated Learning and Voice Interruption

Forecast to breakeven in 2022

Forecast to breakeven in 2021

Forecast to breakeven in 2021

Bairong Inc. Launches Indra, a Secure AI-Powered Multi-Party Computing Platform

Non-Executive Director Qiang Li has left the company

Bairong Inc. (SEHK:6608) commences an Equity Buyback Plan for 10% of its issued share capital, under the authorization approved on March 16, 2021.

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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