Shenzhen VMAX New Energy Future Growth

Future criteria checks 5/6

Shenzhen VMAX New Energy is forecast to grow earnings and revenue by 23.9% and 22.3% per annum respectively. EPS is expected to grow by 22.9% per annum. Return on equity is forecast to be 19.4% in 3 years.

Key information

23.9%

Earnings growth rate

22.9%

EPS growth rate

Auto Components earnings growth	23.4%
Revenue growth rate	22.3%
Future return on equity	19.4%
Analyst coverage	Low
Last updated	17 Jun 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

XSSC:688612 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	10,824	1,042	N/A	1,345	3
12/31/2025	8,706	850	N/A	1,064	3
12/31/2024	6,982	678	N/A	842	3
3/31/2024	5,846	528	31	568	N/A
12/31/2023	5,523	502	209	727	N/A
9/30/2023	4,869	368	156	666	N/A
6/30/2023	4,585	382	-63	390	N/A
3/31/2023	4,201	326	-264	145	N/A
12/31/2022	3,833	295	-271	96	N/A
12/31/2021	1,695	75	22	155	N/A
12/31/2020	657	6	-42	42	N/A
12/31/2018	616	69	-33	31	N/A
12/31/2017	425	16	N/A	4	N/A
12/31/2016	257	24	N/A	13	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 688612's forecast earnings growth (23.9% per year) is above the savings rate (2.9%).

Earnings vs Market: 688612's earnings (23.9% per year) are forecast to grow faster than the CN market (21.9% per year).

High Growth Earnings: 688612's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 688612's revenue (22.3% per year) is forecast to grow faster than the CN market (13.4% per year).

High Growth Revenue: 688612's revenue (22.3% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 688612's Return on Equity is forecast to be low in 3 years time (19.4%).