FangDa Carbon New MaterialLtd Future Growth

Future criteria checks 4/6

FangDa Carbon New MaterialLtd is forecast to grow earnings and revenue by 32.9% and 15.2% per annum respectively. EPS is expected to grow by 32% per annum. Return on equity is forecast to be 4.2% in 3 years.

Key information

32.9%

Earnings growth rate

32.0%

EPS growth rate

Electrical earnings growth	26.4%
Revenue growth rate	15.2%
Future return on equity	4.2%
Analyst coverage	Low
Last updated	18 Oct 2024

Recent future growth updates

Recent updates

Market Participants Recognise FangDa Carbon New Material Co.,Ltd's (SHSE:600516) Earnings Pushing Shares 37% Higher

Oct 08

We Think FangDa Carbon New MaterialLtd (SHSE:600516) Can Stay On Top Of Its Debt

Sep 20

Some Investors May Be Worried About FangDa Carbon New MaterialLtd's (SHSE:600516) Returns On Capital

Aug 23

Some Confidence Is Lacking In FangDa Carbon New Material Co.,Ltd's (SHSE:600516) P/E

Aug 02

Is FangDa Carbon New MaterialLtd (SHSE:600516) Using Too Much Debt?

May 22

The Returns On Capital At FangDa Carbon New MaterialLtd (SHSE:600516) Don't Inspire Confidence

Apr 29

Some May Be Optimistic About FangDa Carbon New MaterialLtd's (SHSE:600516) Earnings

Apr 08

Earnings and Revenue Growth Forecasts

SHSE:600516 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	6,085	724	N/A	827	3
12/31/2025	6,907	965	N/A	1,307	4
12/31/2024	5,192	593	N/A	1,058	2
9/30/2024	4,405	289	520	701	N/A
6/30/2024	4,863	307	661	838	N/A
3/31/2024	5,174	366	685	876	N/A
12/31/2023	5,132	416	689	856	N/A
9/30/2023	5,273	758	344	420	N/A
6/30/2023	5,270	780	166	315	N/A
3/31/2023	5,517	1,028	229	363	N/A
12/31/2022	5,320	840	83	236	N/A
9/30/2022	5,008	678	-191	-25	N/A
6/30/2022	4,959	923	-506	-367	N/A
3/31/2022	4,870	984	-414	-253	N/A
12/31/2021	4,652	1,085	-192	-38	N/A
9/30/2021	4,507	1,020	633	900	N/A
6/30/2021	4,268	851	958	1,180	N/A
3/31/2021	3,648	603	522	732	N/A
12/31/2020	3,539	547	379	579	N/A
9/30/2020	3,716	483	770	883	N/A
6/30/2020	4,447	767	1,110	1,218	N/A
3/31/2020	5,771	1,381	2,171	2,260	N/A
12/31/2019	6,751	2,016	4,314	4,400	N/A
9/30/2019	8,111	3,001	4,594	4,705	N/A
6/30/2019	9,507	3,874	6,419	6,525	N/A
3/31/2019	9,930	4,411	6,947	7,063	N/A
12/31/2018	11,651	5,593	5,591	5,714	N/A
9/30/2018	12,297	6,126	6,286	6,387	N/A
6/30/2018	12,620	6,375	N/A	5,068	N/A
3/31/2018	11,180	5,441	N/A	4,027	N/A
12/31/2017	8,350	3,620	N/A	3,459	N/A
9/30/2017	5,916	2,008	N/A	1,802	N/A
6/30/2017	3,137	464	N/A	937	N/A
3/31/2017	2,615	130	N/A	263	N/A
12/31/2016	2,395	67	N/A	315	N/A
9/30/2016	2,242	95	N/A	521	N/A
6/30/2016	2,211	16	N/A	373	N/A
3/31/2016	2,170	54	N/A	693	N/A
12/31/2015	2,330	31	N/A	403	N/A
9/30/2015	2,604	-45	N/A	738	N/A
6/30/2015	2,853	46	N/A	820	N/A
3/31/2015	3,179	138	N/A	631	N/A
12/31/2014	3,449	279	N/A	497	N/A
9/30/2014	3,368	325	N/A	1,025	N/A
6/30/2014	3,266	285	N/A	916	N/A
3/31/2014	3,329	257	N/A	922	N/A
12/31/2013	3,373	236	N/A	609	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600516's forecast earnings growth (32.9% per year) is above the savings rate (2.8%).

Earnings vs Market: 600516's earnings (32.9% per year) are forecast to grow faster than the CN market (26.2% per year).

High Growth Earnings: 600516's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 600516's revenue (15.2% per year) is forecast to grow faster than the CN market (13.8% per year).

High Growth Revenue: 600516's revenue (15.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 600516's Return on Equity is forecast to be low in 3 years time (4.2%).

FangDa Carbon New MaterialLtd Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus revenue estimates increase by 18%, EPS downgraded

Price target decreased by 10% to CN¥5.40

Consensus EPS estimates increase by 13%, revenue downgraded

Price target decreased by 14% to CN¥7.96

Consensus EPS estimates fall by 13%

Price target decreased by 7.4% to CN¥9.22

Recent updates

Third quarter 2024 earnings released: EPS: CN¥0.021 (vs CN¥0.026 in 3Q 2023)

Market Participants Recognise FangDa Carbon New Material Co.,Ltd's (SHSE:600516) Earnings Pushing Shares 37% Higher

Investor sentiment improves as stock rises 25%

FangDa Carbon New Material Co.,Ltd to Report Q3, 2024 Results on Oct 31, 2024

Consensus revenue estimates increase by 18%, EPS downgraded

Price target decreased by 10% to CN¥5.40

We Think FangDa Carbon New MaterialLtd (SHSE:600516) Can Stay On Top Of Its Debt

FangDa Carbon New Material Co.,Ltd (SHSE:600516) announces an Equity Buyback for 230,946,882 shares, representing 5.74% for CNY 1,000 million.

Second quarter 2024 earnings released: EPS: CN¥0 (vs CN¥0.016 in 2Q 2023)

Some Investors May Be Worried About FangDa Carbon New MaterialLtd's (SHSE:600516) Returns On Capital

Some Confidence Is Lacking In FangDa Carbon New Material Co.,Ltd's (SHSE:600516) P/E

New minor risk - Dividend sustainability

FangDa Carbon New Material Co.,Ltd to Report First Half, 2024 Results on Aug 29, 2024

Consensus EPS estimates increase by 13%, revenue downgraded

Is FangDa Carbon New MaterialLtd (SHSE:600516) Using Too Much Debt?

First quarter 2024 earnings released: EPS: CN¥0.043 (vs CN¥0.055 in 1Q 2023)

The Returns On Capital At FangDa Carbon New MaterialLtd (SHSE:600516) Don't Inspire Confidence

Some May Be Optimistic About FangDa Carbon New MaterialLtd's (SHSE:600516) Earnings

FangDa Carbon New Material Co.,Ltd, Annual General Meeting, Apr 24, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

FangDa Carbon New Material Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024

Investor sentiment improves as stock rises 18%

Price target decreased by 14% to CN¥7.96

FangDa Carbon New Material Co.,Ltd to Report Fiscal Year 2023 Results on Apr 02, 2024

Consensus EPS estimates fall by 13%

Price target decreased by 7.4% to CN¥9.22

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

FangDa Carbon New Material Co.,Ltd to Report Q3, 2023 Results on Oct 31, 2023

New minor risk - Earnings quality

FangDa Carbon New Material Co.,Ltd (SHSE:600516) announces an Equity Buyback for CNY 350 million worth of its shares.

Second quarter 2023 earnings released: EPS: CN¥0.016 (vs CN¥0.08 in 2Q 2022)

FangDa Carbon New Material Co.,Ltd to Report First Half, 2023 Results on Aug 29, 2023

Consensus EPS estimates fall by 15%

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased to CN¥9.96

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.033 (vs CN¥0.098 in 3Q 2021)

Consensus revenue estimates fall by 11%

Less than half of directors are independent

Full year 2021 earnings: EPS and revenues miss analyst expectations

Price target increased to CN¥12.86

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS CN¥0.098 (vs CN¥0.053 in 3Q 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥0.097 (vs CN¥0.032 in 2Q 2020)

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS CN¥0.14 (vs CN¥0.54 in FY 2019)

Investor sentiment deteriorated over the past week

New 90-day high: CN¥9.16

Investor sentiment improved over the past week

New 90-day low: CN¥6.21

Investor sentiment deteriorated over the past week

New 90-day high: CN¥7.36

New 90-day high: CN¥7.10

Price target raised to CN¥5.88

New 90-day high: CN¥7.09

Analysts lower revenue estimates to CN¥3.93b

Third quarter earnings released

Fangda Carbon New Material Technology Co., Ltd. to Report Q3, 2020 Results on Oct 31, 2020

New 90-day low: CN¥6.09

Fangda Carbon New Material Technology Co., Ltd. (SHSE:600516) and C-Chem CO.,Ltd. completed the acquisition of Koppers (Jiangsu) Carbon Chemical Company Limited from Koppers International B.V. and Yizhou Group Company Limited.

Analysts lower revenue estimates to CN¥4.59b

New 90-day low: CN¥6.19

First half earnings released

Jilin Guoxing New Material Industry Investment Co., Ltd. completed the acquisition of 70% stake in Jilin Fangda Jiangcheng Carbon Fiber Co., Ltd. from Fangda Carbon New Material Technology Co., Ltd. (SHSE:600516).

Fangda Carbon New Material Technology Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts