Here's What Analysts Are Forecasting For Fuyao Glass Industry Group Co., Ltd. (SHSE:600660) After Its Yearly Results

Shareholders might have noticed that Fuyao Glass Industry Group Co., Ltd. (SHSE:600660) filed its full-year result this time last week. The early response was not positive, with shares down 7.6% to CN¥56.70 in the past week. Fuyao Glass Industry Group reported in line with analyst predictions, delivering revenues of CN¥39b and statutory earnings per share of CN¥2.87, suggesting the business is executing well and in line with its plan. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

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Taking into account the latest results, the current consensus from Fuyao Glass Industry Group's 20 analysts is for revenues of CN¥46.0b in 2025. This would reflect a decent 17% increase on its revenue over the past 12 months. Per-share earnings are expected to swell 19% to CN¥3.43. Yet prior to the latest earnings, the analysts had been anticipated revenues of CN¥46.0b and earnings per share (EPS) of CN¥3.39 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

Check out our latest analysis for Fuyao Glass Industry Group

It will come as no surprise then, to learn that the consensus price target is largely unchanged at CN¥69.20. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Fuyao Glass Industry Group analyst has a price target of CN¥82.60 per share, while the most pessimistic values it at CN¥49.50. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 17% growth on an annualised basis. That is in line with its 15% annual growth over the past five years. Juxtapose this against our data, which suggests that other companies (with analyst coverage) in the industry are forecast to see their revenues grow 18% per year. So although Fuyao Glass Industry Group is expected to maintain its revenue growth rate, it's only growing at about the rate of the wider industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. The consensus price target held steady at CN¥69.20, with the latest estimates not enough to have an impact on their price targets.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple Fuyao Glass Industry Group analysts - going out to 2027, and you can see them free on our platform here.

However, before you get too enthused, we've discovered 1 warning sign for Fuyao Glass Industry Group that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.