Fujian Longking Future Growth

Future criteria checks 4/6

Fujian Longking is forecast to grow earnings and revenue by 34.5% and 16.7% per annum respectively. EPS is expected to grow by 34.7% per annum. Return on equity is forecast to be 14% in 3 years.

Key information

34.5%

Earnings growth rate

34.7%

EPS growth rate

Machinery earnings growth	28.0%
Revenue growth rate	16.7%
Future return on equity	14.0%
Analyst coverage	Low
Last updated	03 Sep 2024

Recent future growth updates

Fujian Longking Co., Ltd. Just Missed EPS By 50%: Here's What Analysts Think Will Happen Next

Mar 25

Recent updates

These 4 Measures Indicate That Fujian Longking (SHSE:600388) Is Using Debt Extensively

Jun 18

Fujian Longking's (SHSE:600388) Dividend Will Be Increased To CN¥0.20

May 28

Investors Can Find Comfort In Fujian Longking's (SHSE:600388) Earnings Quality

Apr 26

Does This Valuation Of Fujian Longking Co., Ltd. (SHSE:600388) Imply Investors Are Overpaying?

Apr 12

Need To Know: Analysts Just Made A Substantial Cut To Their Fujian Longking Co., Ltd. (SHSE:600388) Estimates

Mar 27

Fujian Longking Co., Ltd. Just Missed EPS By 50%: Here's What Analysts Think Will Happen Next

Mar 25

Fujian Longking Co., Ltd. (SHSE:600388) Could Be Riskier Than It Looks

Feb 29

Earnings and Revenue Growth Forecasts

SHSE:600388 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	16,667	1,546	N/A	2,395	4
12/31/2025	14,647	1,263	N/A	1,734	4
12/31/2024	12,682	1,023	N/A	1,531	4
6/30/2024	10,704	512	-819	2,148	N/A
3/31/2024	10,832	523	-740	1,937	N/A
12/31/2023	10,973	509	-598	1,706	N/A
9/30/2023	11,933	810	-111	1,156	N/A
6/30/2023	11,932	851	69	893	N/A
3/31/2023	12,354	812	249	979	N/A
12/31/2022	11,880	805	189	835	N/A
9/30/2022	10,538	803	1,095	1,122	N/A
6/30/2022	11,310	838	199	1,104	N/A
3/31/2022	11,337	897	-213	1,119	N/A
12/31/2021	11,297	860	-254	1,214	N/A
9/30/2021	11,452	823	-258	1,902	N/A
6/30/2021	11,455	904	866	2,210	N/A
3/31/2021	10,575	776	991	1,951	N/A
12/31/2020	10,181	703	1,307	2,094	N/A
9/30/2020	10,022	859	411	1,180	N/A
6/30/2020	10,084	770	90	703	N/A
3/31/2020	10,800	807	48	467	N/A
12/31/2019	10,921	844	-314	17	N/A
9/30/2019	11,583	831	-159	-8	N/A
6/30/2019	10,571	829	-99	29	N/A
3/31/2019	9,796	814	75	212	N/A
12/31/2018	9,376	803	291	414	N/A
9/30/2018	8,763	792	318	424	N/A
6/30/2018	8,362	758	355	422	N/A
3/31/2018	8,143	743	N/A	365	N/A
12/31/2017	8,077	733	N/A	342	N/A
9/30/2017	8,066	705	N/A	404	N/A
6/30/2017	8,051	693	N/A	781	N/A
3/31/2017	8,026	671	N/A	760	N/A
12/31/2016	8,024	664	N/A	915	N/A
9/30/2016	7,830	600	N/A	1,093	N/A
6/30/2016	7,854	585	N/A	605	N/A
3/31/2016	7,569	576	N/A	932	N/A
12/31/2015	7,391	560	N/A	1,015	N/A
9/30/2015	7,012	557	N/A	619	N/A
6/30/2015	6,231	493	N/A	799	N/A
3/31/2015	6,154	483	N/A	534	N/A
12/31/2014	6,027	463	N/A	495	N/A
9/30/2014	5,685	417	N/A	344	N/A
6/30/2014	5,653	466	N/A	398	N/A
3/31/2014	5,667	459	N/A	89	N/A
12/31/2013	5,568	457	N/A	80	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600388's forecast earnings growth (34.5% per year) is above the savings rate (2.9%).

Earnings vs Market: 600388's earnings (34.5% per year) are forecast to grow faster than the CN market (23.5% per year).

High Growth Earnings: 600388's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 600388's revenue (16.7% per year) is forecast to grow faster than the CN market (13.3% per year).

High Growth Revenue: 600388's revenue (16.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 600388's Return on Equity is forecast to be low in 3 years time (14%).

Fujian Longking Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target decreased by 13% to CN¥15.22

Fujian Longking Co., Ltd. Just Missed EPS By 50%: Here's What Analysts Think Will Happen Next

Price target decreased by 14% to CN¥20.84

Price target decreased to CN¥9.35

Price target increased to CN¥13.81

Recent updates

Returns On Capital At Fujian Longking (SHSE:600388) Paint A Concerning Picture

Fujian Longking Co., Ltd. to Report Q3, 2024 Results on Oct 19, 2024

Investor sentiment improves as stock rises 18%

Does Fujian Longking (SHSE:600388) Have A Healthy Balance Sheet?

Price target decreased by 13% to CN¥15.22

New minor risk - Financial position

Fujian Longking Co., Ltd. (SHSE:600388) Could Be Riskier Than It Looks

Fujian Longking Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024

These 4 Measures Indicate That Fujian Longking (SHSE:600388) Is Using Debt Extensively

Fujian Longking's (SHSE:600388) Dividend Will Be Increased To CN¥0.20

Dividend of CN¥0.20 announced

Investors Can Find Comfort In Fujian Longking's (SHSE:600388) Earnings Quality

Does This Valuation Of Fujian Longking Co., Ltd. (SHSE:600388) Imply Investors Are Overpaying?

Fujian Longking Co., Ltd. to Report Q1, 2024 Results on Apr 20, 2024

New major risk - Financial position

Need To Know: Analysts Just Made A Substantial Cut To Their Fujian Longking Co., Ltd. (SHSE:600388) Estimates

Fujian Longking Co., Ltd. Just Missed EPS By 50%: Here's What Analysts Think Will Happen Next

Fujian Longking Co., Ltd., Annual General Meeting, Apr 12, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

Fujian Longking Co., Ltd. (SHSE:600388) Could Be Riskier Than It Looks

Investor sentiment improves as stock rises 17%

Fujian Longking Co., Ltd. to Report Fiscal Year 2023 Results on Mar 23, 2024

Price target decreased by 14% to CN¥20.84

Third quarter 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.23 in 3Q 2022)

New major risk - Financial position

Second quarter 2023 earnings released: EPS: CN¥0.23 (vs CN¥0.19 in 2Q 2022)

Fujian Longking Co., Ltd. announced that it expects to receive CNY 1.541604537 billion in funding from Zijin Mining Group Company Limited

Fujian Longking Co., Ltd. announced that it expects to receive CNY 1.5 billion in funding

Fujian Longking Co., Ltd. to Report First Half, 2023 Results on Aug 18, 2023

Full year 2022 earnings: EPS misses analyst expectations

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: CN¥0.23 (vs CN¥0.27 in 3Q 2021)

Second quarter 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.25 in 2Q 2021)

Zijin Mining Group Company Limited (SEHK:2899) completed the acquisition of a 15.02% stake in Fujian Longking Co., Ltd. (SHSE : 600388) from Longjing Industrial Investment Group Co., Ltd., Tibet Yango Hongrui Industrial & Trade Co., Ltd. and Tibet Yango Ruize Industrial Co., Ltd.

Investor sentiment improved over the past week

Fujian Longking Co., Ltd.(XSSC:600388) dropped from FTSE All-World Index (USD)

Price target decreased to CN¥9.35

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.35 in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.25 (vs CN¥0.13 in 2Q 2020)

First quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.06 in 1Q 2020)

Price target increased to CN¥13.81

New 90-day high: CN¥9.59

New 90-day low: CN¥8.50

Fujian Longking Co., Ltd. announced that it expects to receive CNY 2.8 billion in funding from Longking Industrial Group Co., Ltd. and other investors

New 90-day low: CN¥8.77

New 90-day high: CN¥10.75

Third quarter earnings released

Fujian Longking Co., Ltd. to Report Q3, 2020 Results on Oct 31, 2020

Environmental Protection Co., Ltd. from Tianjin Muzhao Enterprise Management Consulting Partnership, Shanghai Delixi Group Co., Ltd., Chen Zhenyang and Hangzhou Xizi Technology Industrial Co., Ltd. for approximately CNY 560 million.

First half earnings released

New 90-day high - CN¥9.90

Fujian Longking Co., Ltd. (SHSE:600388) cancelled the acquisition of 3.9% stake in Huatai Insurance Group Co., Ltd.

Fujian Longking Co., Ltd. to Report First Half, 2020 Results on Aug 20, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies