Changzhou Xingyu Automotive Lighting Systems Co.,Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Changzhou Xingyu Automotive Lighting Systems Co.,Ltd. (SHSE:601799) last week reported its latest third-quarter results, which makes it a good time for investors to dive in and see if the business is performing in line with expectations. The result was positive overall - although revenues of CN¥3.5b were in line with what the analysts predicted, Changzhou Xingyu Automotive Lighting SystemsLtd surprised by delivering a statutory profit of CN¥1.34 per share, modestly greater than expected. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

See our latest analysis for Changzhou Xingyu Automotive Lighting SystemsLtd

After the latest results, the 13 analysts covering Changzhou Xingyu Automotive Lighting SystemsLtd are now predicting revenues of CN¥16.2b in 2025. If met, this would reflect a major 32% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to jump 45% to CN¥6.58. Yet prior to the latest earnings, the analysts had been anticipated revenues of CN¥16.1b and earnings per share (EPS) of CN¥6.59 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

The analysts reconfirmed their price target of CN¥164, showing that the business is executing well and in line with expectations. 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 Changzhou Xingyu Automotive Lighting SystemsLtd analyst has a price target of CN¥206 per share, while the most pessimistic values it at CN¥140. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. It's clear from the latest estimates that Changzhou Xingyu Automotive Lighting SystemsLtd's rate of growth is expected to accelerate meaningfully, with the forecast 25% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 13% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 18% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that Changzhou Xingyu Automotive Lighting SystemsLtd is expected to grow much faster than its 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. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at CN¥164, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for Changzhou Xingyu Automotive Lighting SystemsLtd going out to 2026, and you can see them free on our platform here..

You can also see our analysis of Changzhou Xingyu Automotive Lighting SystemsLtd's Board and CEO remuneration and experience, and whether company insiders have been buying stock.

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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.