Shanghai Milkground Food Tech Future Growth

Future criteria checks 4/6

Shanghai Milkground Food Tech is forecast to grow earnings and revenue by 28.4% and 14.2% per annum respectively. EPS is expected to grow by 27.7% per annum. Return on equity is forecast to be 4.6% in 3 years.

Key information

28.4%

Earnings growth rate

27.7%

EPS growth rate

Food earnings growth	25.7%
Revenue growth rate	14.2%
Future return on equity	4.6%
Analyst coverage	Good
Last updated	19 Sep 2024

Recent future growth updates

Recent updates

Earnings Tell The Story For Shanghai Milkground Food Tech Co., Ltd (SHSE:600882) As Its Stock Soars 34%

Oct 05

Shanghai Milkground Food Tech Co., Ltd's (SHSE:600882) Share Price Matching Investor Opinion

Aug 21

Does Shanghai Milkground Food Tech (SHSE:600882) Have A Healthy Balance Sheet?

Jul 14

Returns On Capital Signal Tricky Times Ahead For Shanghai Milkground Food Tech (SHSE:600882)

May 21

Earnings Troubles May Signal Larger Issues for Shanghai Milkground Food Tech (SHSE:600882) Shareholders

Apr 01

These Analysts Just Made A Notable Downgrade To Their Shanghai Milkground Food Tech Co., Ltd (SHSE:600882) EPS Forecasts

Mar 28

Shanghai Milkground Food Tech (SHSE:600882) Takes On Some Risk With Its Use Of Debt

Mar 25

Earnings and Revenue Growth Forecasts

SHSE:600882 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	5,665	238	N/A	394	8
12/31/2025	5,097	197	N/A	378	9
12/31/2024	4,481	150	N/A	510	9
6/30/2024	3,906	112	169	475	N/A
3/31/2024	3,976	81	301	615	N/A
12/31/2023	4,049	63	-15	279	N/A
9/30/2023	4,058	40	-59	262	N/A
6/30/2023	4,302	34	-350	15	N/A
3/31/2023	4,566	88	-565	-189	N/A
12/31/2022	4,830	138	-712	-205	N/A
9/30/2022	5,163	155	-473	36	N/A
6/30/2022	5,005	175	-352	237	N/A
3/31/2022	4,813	196	-348	302	N/A
12/31/2021	4,478	154	-179	437	N/A
9/30/2021	4,115	150	-220	432	N/A
6/30/2021	3,831	139	-122	411	N/A
3/31/2021	3,402	81	-227	249	N/A
12/31/2020	2,847	59	-89	267	N/A
9/30/2020	2,462	60	-155	119	N/A
6/30/2020	2,114	48	-115	104	N/A
3/31/2020	1,842	34	137	287	N/A
12/31/2019	1,744	19	169	292	N/A
9/30/2019	1,616	27	81	179	N/A
6/30/2019	1,476	24	37	144	N/A
3/31/2019	1,334	26	7	116	N/A
12/31/2018	1,226	11	-38	87	N/A
9/30/2018	1,052	3	-102	52	N/A
6/30/2018	1,014	7	-133	67	N/A
3/31/2018	972	-20	N/A	5	N/A
12/31/2017	982	4	N/A	-39	N/A
9/30/2017	915	-5	N/A	23	N/A
6/30/2017	780	57	N/A	26	N/A
3/31/2017	621	61	N/A	67	N/A
12/31/2016	512	32	N/A	90	N/A
9/30/2016	369	-197	N/A	1	N/A
6/30/2016	312	-294	N/A	26	N/A
3/31/2016	346	-297	N/A	56	N/A
12/31/2015	361	-275	N/A	191	N/A
9/30/2015	383	-70	N/A	268	N/A
6/30/2015	492	-34	N/A	398	N/A
3/31/2015	569	27	N/A	410	N/A
12/31/2014	811	115	N/A	356	N/A
9/30/2014	993	180	N/A	401	N/A
6/30/2014	1,077	223	N/A	218	N/A
3/31/2014	1,099	233	N/A	250	N/A
12/31/2013	1,002	221	N/A	340	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600882's forecast earnings growth (28.4% per year) is above the savings rate (2.9%).

Earnings vs Market: 600882's earnings (28.4% per year) are forecast to grow faster than the CN market (23.7% per year).

High Growth Earnings: 600882's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 600882's revenue (14.2% per year) is forecast to grow faster than the CN market (13.4% per year).

High Growth Revenue: 600882's revenue (14.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 600882's Return on Equity is forecast to be low in 3 years time (4.6%).

Shanghai Milkground Food Tech Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus revenue estimates fall by 12%

Price target decreased by 15% to CN¥22.84

Price target decreased by 8.2% to CN¥27.22

Consensus EPS estimates fall by 11%

Price target decreased by 9.4% to CN¥29.64

Price target decreased by 7.5% to CN¥32.72

Recent updates

Earnings Tell The Story For Shanghai Milkground Food Tech Co., Ltd (SHSE:600882) As Its Stock Soars 34%

Shanghai Milkground Food Tech Co., Ltd to Report Q3, 2024 Results on Oct 31, 2024

Investor sentiment improves as stock rises 15%

Second quarter 2024 earnings released: EPS: CN¥0.07 (vs CN¥0.008 in 2Q 2023)

Shanghai Milkground Food Tech Co., Ltd's (SHSE:600882) Share Price Matching Investor Opinion

Does Shanghai Milkground Food Tech (SHSE:600882) Have A Healthy Balance Sheet?

Shanghai Milkground Food Tech Co., Ltd to Report First Half, 2024 Results on Aug 24, 2024

Returns On Capital Signal Tricky Times Ahead For Shanghai Milkground Food Tech (SHSE:600882)

Shanghai Milkground Food Tech Co., Ltd, Annual General Meeting, May 17, 2024

First quarter 2024 earnings released: EPS: CN¥0.082 (vs CN¥0.048 in 1Q 2023)

Shanghai Milkground Food Tech Co., Ltd, Annual General Meeting, May 17, 2024

Earnings Troubles May Signal Larger Issues for Shanghai Milkground Food Tech (SHSE:600882) Shareholders

Consensus revenue estimates fall by 12%

Shanghai Milkground Food Tech Co., Ltd to Report Q1, 2024 Results on Apr 27, 2024

These Analysts Just Made A Notable Downgrade To Their Shanghai Milkground Food Tech Co., Ltd (SHSE:600882) EPS Forecasts

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Shanghai Milkground Food Tech (SHSE:600882) Takes On Some Risk With Its Use Of Debt

Shanghai Milkground Food Tech Co., Ltd to Report Fiscal Year 2023 Results on Mar 26, 2024

Price target decreased by 15% to CN¥22.84

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Price target decreased by 8.2% to CN¥27.22

Consensus EPS estimates fall by 11%

Price target decreased by 9.4% to CN¥29.64

Shanghai Milkground Food Tech Co., Ltd to Report First Half, 2023 Results on Aug 29, 2023

Price target decreased by 7.5% to CN¥32.72

Price target decreased by 7.9% to CN¥36.51

Consensus revenue estimates fall by 18%

Full year 2022 earnings: EPS and revenues miss analyst expectations

Less than half of directors are independent

Price target decreased to CN¥41.58

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 28%

Less than half of directors are independent

Shanghai Milkground Food Plans to Buy 42.9% Stake in Food Technology Firm

Less than half of directors are independent

Price target decreased to CN¥49.12

Consensus forecasts updated

Price target decreased to CN¥57.83

Third quarter 2021 earnings released: EPS CN¥0.061 (vs CN¥0.05 in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.054 in 2Q 2020)

Price target increased to CN¥63.99

Full year 2020 earnings released: EPS CN¥0.14 (vs CN¥0.047 in FY 2019)

New 90-day high: CN¥69.06

New 90-day high: CN¥61.70

New 90-day high: CN¥58.89

New 90-day high: CN¥43.09

Analysts update estimates

New 90-day low: CN¥33.34

Third quarter earnings released

New 90-day low: CN¥35.00

Earnings released

New 90-day high - CN¥42.23

Shanghai Milkground Food Tech Co., Ltd announced a financing transaction

Shanghai Milkground Food Tech Co., Ltd to Report First Half, 2020 Results on Aug 22, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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