Ningbo Jifeng Auto Parts Future Growth

Future criteria checks 4/6

Ningbo Jifeng Auto Parts is forecast to grow earnings and revenue by 59.7% and 15.3% per annum respectively. EPS is expected to grow by 57.8% per annum. Return on equity is forecast to be 17.9% in 3 years.

Key information

59.7%

Earnings growth rate

57.8%

EPS growth rate

Auto Components earnings growth	23.5%
Revenue growth rate	15.3%
Future return on equity	17.9%
Analyst coverage	Good
Last updated	06 May 2024

Recent future growth updates

Recent updates

Is Ningbo Jifeng Auto Parts Co., Ltd. (SHSE:603997) Trading At A 31% Discount?

May 13

Ningbo Jifeng Auto Parts' (SHSE:603997) Returns On Capital Not Reflecting Well On The Business

Apr 17

Here's Why Ningbo Jifeng Auto Parts (SHSE:603997) Can Manage Its Debt Responsibly

Mar 21

Ningbo Jifeng Auto Parts Co., Ltd.'s (SHSE:603997) Price Is Right But Growth Is Lacking

Feb 29

Earnings and Revenue Growth Forecasts

SHSE:603997 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	33,114	1,273	1,000	2,376	6
12/31/2025	28,814	1,002	551	1,965	8
12/31/2024	24,551	422	221	1,060	7
3/31/2024	21,748	163	418	1,701	N/A
12/31/2023	21,571	204	370	1,648	N/A
9/30/2023	20,871	-1,186	747	1,770	N/A
6/30/2023	19,970	-1,167	297	1,222	N/A
3/31/2023	18,874	-1,320	136	1,025	N/A
12/31/2022	17,967	-1,417	200	1,052	N/A
9/30/2022	17,361	-112	68	951	N/A
6/30/2022	16,540	-231	110	958	N/A
3/31/2022	16,503	-39	102	920	N/A
12/31/2021	16,832	126	-21	719	N/A
9/30/2021	17,244	197	247	915	N/A
6/30/2021	17,786	287	395	1,065	N/A
3/31/2021	16,306	-82	301	924	N/A
12/31/2020	15,733	-258	84	810	N/A
9/30/2020	15,486	-210	-62	732	N/A
6/30/2020	15,573	-213	-666	184	N/A
3/31/2020	17,338	189	30	964	N/A
12/31/2019	18,001	298	163	1,169	N/A
9/30/2019	19,228	146	1,153	2,212	N/A
6/30/2019	15,322	174	1,718	2,593	N/A
3/31/2019	11,395	147	1,364	2,101	N/A
12/31/2018	7,282	165	1,613	2,129	N/A
9/30/2018	2,154	307	99	216	N/A
6/30/2018	2,096	298	124	238	N/A
3/31/2018	2,008	298	174	246	N/A
12/31/2017	1,902	293	N/A	261	N/A
9/30/2017	1,812	291	N/A	283	N/A
6/30/2017	1,722	275	N/A	180	N/A
3/31/2017	1,572	264	N/A	97	N/A
12/31/2016	1,466	250	N/A	43	N/A
9/30/2016	1,280	224	N/A	114	N/A
6/30/2016	1,157	204	N/A	70	N/A
3/31/2016	1,071	184	N/A	178	N/A
12/31/2015	1,048	176	N/A	154	N/A
9/30/2015	1,050	183	N/A	153	N/A
6/30/2015	1,069	190	N/A	185	N/A
3/31/2015	1,064	202	N/A	137	N/A
12/31/2014	1,018	202	N/A	141	N/A
12/31/2013	750	184	N/A	125	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 603997's forecast earnings growth (59.7% per year) is above the savings rate (2.9%).

Earnings vs Market: 603997's earnings (59.7% per year) are forecast to grow faster than the CN market (23.2% per year).

High Growth Earnings: 603997's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 603997's revenue (15.3% per year) is forecast to grow faster than the CN market (14% per year).

High Growth Revenue: 603997's revenue (15.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 603997's Return on Equity is forecast to be low in 3 years time (17.9%).

Ningbo Jifeng Auto Parts Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 12%

Price target decreased by 12% to CN¥15.52

Price target decreased by 8.6% to CN¥16.00

Price target increased to CN¥12.24

Price target increased to CN¥11.24

Price target increased to CN¥11.24

Recent updates

New major risk - Financial position

Is Ningbo Jifeng Auto Parts Co., Ltd. (SHSE:603997) Trading At A 31% Discount?

Consensus EPS estimates fall by 12%

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

Ningbo Jifeng Auto Parts Co., Ltd., Annual General Meeting, May 16, 2024

Ningbo Jifeng Auto Parts' (SHSE:603997) Returns On Capital Not Reflecting Well On The Business

New major risk - Financial position

Ningbo Jifeng Auto Parts Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024

Here's Why Ningbo Jifeng Auto Parts (SHSE:603997) Can Manage Its Debt Responsibly

Ningbo Jifeng Auto Parts Co., Ltd.'s (SHSE:603997) Price Is Right But Growth Is Lacking

Price target decreased by 12% to CN¥15.52

Ningbo Jifeng Auto Parts Co., Ltd. to Report Fiscal Year 2023 Results on Mar 29, 2024

Third quarter 2023 earnings released: EPS: CN¥0.076 (vs CN¥0.086 in 3Q 2022)

Price target decreased by 8.6% to CN¥16.00

New minor risk - Share price stability

New minor risk - Shareholder dilution

Second quarter 2023 earnings released: EPS: CN¥0.019 (vs CN¥0.13 loss in 2Q 2022)

Ningbo Jifeng Auto Parts Co., Ltd. to Report First Half, 2023 Results on Aug 15, 2023

First quarter 2023 earnings released: EPS: CN¥0.05 (vs CN¥0.03 loss in 1Q 2022)

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.086 (vs CN¥0.029 loss in 3Q 2021)

Now 23% undervalued

Second quarter 2022 earnings released: CN¥0.13 loss per share (vs CN¥0.055 profit in 2Q 2021)

Price target increased to CN¥12.24

Ningbo Jifeng Auto Parts Co., Ltd.(XSSC:603997) dropped from S&P Global BMI Index

Ningbo Jifeng Auto Parts Co., Ltd. (SHSE:603997) announces an Equity Buyback for CNY 100 million worth of its shares.

First quarter 2022 earnings released: CN¥0.03 loss per share (vs CN¥0.13 profit in 1Q 2021)

Price target increased to CN¥11.24

Investor sentiment deteriorated over the past week

Price target increased to CN¥11.24

Full year 2021 earnings released: EPS: CN¥0.12 (vs CN¥0.26 loss in FY 2020)

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: CN¥0.029 loss per share (vs CN¥0.06 profit in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.055 (vs CN¥0.29 loss in 2Q 2020)

First quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.05 loss in 1Q 2020)

Price target increased to CN¥11.38

Full year 2020 earnings released: CN¥0.26 loss per share (vs CN¥0.29 profit in FY 2019)

New 90-day low: CN¥7.41

New 90-day high: CN¥8.59

Third quarter earnings released

Ningbo Jifeng Auto Parts Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020

New 90-day high - CN¥8.32

First half earnings released

Ningbo Jifeng Auto Parts Co., Ltd. to Report First Half, 2020 Results on Aug 14, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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