Henan Pinggao ElectricLtd Future Growth

Future criteria checks 2/6

Henan Pinggao ElectricLtd is forecast to grow earnings and revenue by 18.1% and 14.3% per annum respectively. EPS is expected to grow by 17.9% per annum. Return on equity is forecast to be 12.8% in 3 years.

Key information

18.1%

Earnings growth rate

17.9%

EPS growth rate

Electrical earnings growth	26.2%
Revenue growth rate	14.3%
Future return on equity	12.8%
Analyst coverage	Good
Last updated	06 Nov 2024

Recent future growth updates

Recent updates

Returns On Capital Are Showing Encouraging Signs At Henan Pinggao ElectricLtd (SHSE:600312)

Nov 11

Are Henan Pinggao Electric Co.,Ltd. (SHSE:600312) Investors Paying Above The Intrinsic Value?

Oct 18

Insufficient Growth At Henan Pinggao Electric Co.,Ltd. (SHSE:600312) Hampers Share Price

Oct 02

We Think Henan Pinggao ElectricLtd (SHSE:600312) Can Manage Its Debt With Ease

Aug 30

Henan Pinggao ElectricLtd (SHSE:600312) Might Have The Makings Of A Multi-Bagger

Jul 30

Subdued Growth No Barrier To Henan Pinggao Electric Co.,Ltd. (SHSE:600312) With Shares Advancing 26%

Jun 17

Henan Pinggao Electric Co.,Ltd.'s (SHSE:600312) Intrinsic Value Is Potentially 49% Above Its Share Price

Jun 06

The Strong Earnings Posted By Henan Pinggao ElectricLtd (SHSE:600312) Are A Good Indication Of The Strength Of The Business

Apr 29

Henan Pinggao ElectricLtd (SHSE:600312) Is Doing The Right Things To Multiply Its Share Price

Apr 05

We Think Henan Pinggao ElectricLtd (SHSE:600312) Can Manage Its Debt With Ease

Mar 19

Earnings and Revenue Growth Forecasts

SHSE:600312 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	16,709	1,674	1,191	2,054	9
12/31/2025	14,727	1,456	1,270	1,823	10
12/31/2024	12,839	1,199	-1,888	1,376	9
9/30/2024	11,515	1,120	2,347	2,498	N/A
6/30/2024	11,294	1,016	2,764	2,911	N/A
3/31/2024	11,165	895	2,454	2,556	N/A
12/31/2023	11,077	816	2,391	2,504	N/A
9/30/2023	10,593	586	2,128	2,229	N/A
6/30/2023	10,082	429	1,805	1,886	N/A
3/31/2023	9,611	323	1,488	1,567	N/A
12/31/2022	9,274	212	1,328	1,397	N/A
9/30/2022	9,499	145	1,252	1,318	N/A
6/30/2022	9,767	131	1,311	1,390	N/A
3/31/2022	9,859	148	1,195	1,279	N/A
12/31/2021	9,273	71	1,098	1,198	N/A
9/30/2021	10,005	115	1,146	1,254	N/A
6/30/2021	10,082	128	1,152	1,245	N/A
3/31/2021	9,610	66	1,379	1,471	N/A
12/31/2020	9,781	126	1,263	1,335	N/A
9/30/2020	10,932	226	1,244	1,340	N/A
6/30/2020	11,279	229	1,160	1,268	N/A
3/31/2020	11,001	227	1,182	1,287	N/A
12/31/2019	11,160	229	1,150	1,274	N/A
9/30/2019	11,724	402	1,219	1,337	N/A
6/30/2019	11,299	471	821	948	N/A
3/31/2019	10,996	343	840	962	N/A
12/31/2018	10,816	286	661	768	N/A
9/30/2018	7,995	170	615	717	N/A
6/30/2018	7,465	150	N/A	226	N/A
3/31/2018	8,669	496	N/A	-308	N/A
12/31/2017	8,959	631	N/A	-757	N/A
9/30/2017	9,340	782	N/A	-426	N/A
6/30/2017	9,487	1,029	N/A	247	N/A
3/31/2017	9,202	1,219	N/A	949	N/A
12/31/2016	8,870	1,220	N/A	1,518	N/A
9/30/2016	9,112	1,276	N/A	512	N/A
6/30/2016	8,304	1,133	N/A	280	N/A
3/31/2016	7,238	967	N/A	-36	N/A
12/31/2015	6,750	885	N/A	228	N/A
9/30/2015	5,247	777	N/A	-175	N/A
6/30/2015	4,913	730	N/A	-294	N/A
3/31/2015	4,635	639	N/A	52	N/A
12/31/2014	4,606	693	N/A	229	N/A
9/30/2014	4,120	613	N/A	78	N/A
6/30/2014	3,942	518	N/A	524	N/A
3/31/2014	3,839	417	N/A	225	N/A
12/31/2013	3,818	399	N/A	-200	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600312's forecast earnings growth (18.1% per year) is above the savings rate (2.8%).

Earnings vs Market: 600312's earnings (18.1% per year) are forecast to grow slower than the CN market (26.1% per year).

High Growth Earnings: 600312's earnings are forecast to grow, but not significantly.

Revenue vs Market: 600312's revenue (14.3% per year) is forecast to grow faster than the CN market (13.9% per year).

High Growth Revenue: 600312's revenue (14.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 600312's Return on Equity is forecast to be low in 3 years time (12.8%).

Henan Pinggao ElectricLtd Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target increased by 11% to CN¥19.48

Price target increased by 7.4% to CN¥18.31

Consensus EPS estimates increase by 14%, revenue downgraded

Price target increased by 8.4% to CN¥16.17

Consensus EPS estimates increase by 19%

Price target increased by 14% to CN¥14.92

Recent updates

Returns On Capital Are Showing Encouraging Signs At Henan Pinggao ElectricLtd (SHSE:600312)

Are Henan Pinggao Electric Co.,Ltd. (SHSE:600312) Investors Paying Above The Intrinsic Value?

Insufficient Growth At Henan Pinggao Electric Co.,Ltd. (SHSE:600312) Hampers Share Price

Henan Pinggao Electric Co.,Ltd. to Report Q3, 2024 Results on Oct 22, 2024

Now 21% overvalued after recent price rise

We Think Henan Pinggao ElectricLtd (SHSE:600312) Can Manage Its Debt With Ease

Now 23% overvalued after recent price rise

Henan Pinggao ElectricLtd (SHSE:600312) Might Have The Makings Of A Multi-Bagger

Price target increased by 11% to CN¥19.48

Henan Pinggao Electric Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024

Subdued Growth No Barrier To Henan Pinggao Electric Co.,Ltd. (SHSE:600312) With Shares Advancing 26%

Price target increased by 7.4% to CN¥18.31

Henan Pinggao Electric Co.,Ltd.'s (SHSE:600312) Intrinsic Value Is Potentially 49% Above Its Share Price

Henan Pinggao Electric Co.,Ltd., Annual General Meeting, May 29, 2024

The Strong Earnings Posted By Henan Pinggao ElectricLtd (SHSE:600312) Are A Good Indication Of The Strength Of The Business

Investor sentiment improves as stock rises 15%

Consensus EPS estimates increase by 14%, revenue downgraded

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

Henan Pinggao ElectricLtd (SHSE:600312) Is Doing The Right Things To Multiply Its Share Price

Henan Pinggao Electric Co.,Ltd. to Report Q1, 2024 Results on Apr 23, 2024

We Think Henan Pinggao ElectricLtd (SHSE:600312) Can Manage Its Debt With Ease

Price target increased by 8.4% to CN¥16.17

Investor sentiment improves as stock rises 18%

Consensus EPS estimates increase by 19%

Price target increased by 14% to CN¥14.92

Henan Pinggao Electric Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 11, 2024

Consensus EPS estimates increase by 12%

Third quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.042 in 3Q 2022)

Less than half of directors are independent

Henan Pinggao Electric Co.,Ltd. to Report Q3, 2023 Results on Oct 24, 2023

Consensus EPS estimates increase by 14%

Second quarter 2023 earnings: EPS exceeds analyst expectations

Price target increased by 11% to CN¥11.35

Consensus EPS estimates increase by 14%

Henan Pinggao Electric Co.,Ltd. to Report First Half, 2023 Results on Aug 16, 2023

Price target increased by 14% to CN¥9.81

Price target increased by 14% to CN¥9.81

Full year 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.052 in FY 2021)

Now 21% undervalued

Price target decreased to CN¥7.55

Consensus forecasts updated

Less than half of directors are independent

Price target increased to CN¥8.17

Investor sentiment improved over the past week

Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Now 21% undervalued

Price target increased to CN¥7.59

Price target increased to CN¥6.88

Less than half of directors are independent

Consensus forecasts updated

Price target increased to CN¥6.88

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Price target decreased to CN¥6.14

Third quarter 2021 earnings released: EPS CN¥0.038 (vs CN¥0.045 in 3Q 2020)

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.02 in 2Q 2020)

Consensus EPS estimates increase to CN¥0.32

Price target decreased to CN¥7.81

Price target lowered to CN¥8.43

New 90-day low: CN¥6.40

New 90-day high: CN¥7.66

Analysts update estimates

New 90-day low: CN¥6.86

Third quarter earnings released

Third-quarter earnings released: Revenue and earnings miss expectations

Henan Pinggao Electric Co.,Ltd. to Report Q3, 2020 Results on Oct 27, 2020

New 90-day low: CN¥7.08

New 90-day low - CN¥7.27