Tongling Jingda Special Magnet Wire Future Growth

Future criteria checks 1/6

Tongling Jingda Special Magnet Wire's revenue is forecast to decline at 0.5% per annum while its annual earnings are expected to grow at 12% per year. EPS is expected to grow by 10.7% per annum. Return on equity is forecast to be 10.8% in 3 years.

Key information

12.0%

Earnings growth rate

10.7%

EPS growth rate

Electrical earnings growth	26.2%
Revenue growth rate	-0.5%
Future return on equity	10.8%
Analyst coverage	Low
Last updated	29 Oct 2024

Recent future growth updates

Recent updates

Tongling Jingda Special Magnet Wire (SHSE:600577) Seems To Use Debt Quite Sensibly

Nov 18

Here's What's Concerning About Tongling Jingda Special Magnet Wire's (SHSE:600577) Returns On Capital

Oct 27

Tongling Jingda Special Magnet Wire Co., Ltd.'s (SHSE:600577) Share Price Boosted 39% But Its Business Prospects Need A Lift Too

Oct 08

Tongling Jingda Special Magnet Wire Co., Ltd.'s (SHSE:600577) Price Is Right But Growth Is Lacking After Shares Rocket 32%

Aug 16

Here's Why Tongling Jingda Special Magnet Wire (SHSE:600577) Can Manage Its Debt Responsibly

Aug 16

Tongling Jingda Special Magnet Wire (SHSE:600577) Is Reinvesting At Lower Rates Of Return

Jul 25

Analysts Have Just Cut Their Tongling Jingda Special Magnet Wire Co., Ltd. (SHSE:600577) Revenue Estimates By 12%

May 01

These 4 Measures Indicate That Tongling Jingda Special Magnet Wire (SHSE:600577) Is Using Debt Reasonably Well

Apr 07

Tongling Jingda Special Magnet Wire Co., Ltd.'s (SHSE:600577) Low P/E No Reason For Excitement

Mar 14

Earnings and Revenue Growth Forecasts

SHSE:600577 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	18,946	675	N/A	1,030	1
12/31/2025	23,103	646	N/A	839	2
12/31/2024	20,726	545	N/A	48	2
9/30/2024	20,848	532	-934	-700	N/A
6/30/2024	19,627	507	-980	-769	N/A
3/31/2024	18,451	435	-102	132	N/A
12/31/2023	17,906	426	109	439	N/A
9/30/2023	17,372	425	767	1,156	N/A
6/30/2023	16,947	408	745	1,175	N/A
3/31/2023	16,951	380	524	1,060	N/A
12/31/2022	17,542	381	859	1,316	N/A
9/30/2022	17,980	396	368	819	N/A
6/30/2022	18,671	457	171	546	N/A
3/31/2022	18,968	538	-601	-198	N/A
12/31/2021	18,330	549	-908	-498	N/A
9/30/2021	17,276	539	-1,211	-793	N/A
6/30/2021	15,785	522	-1,391	-974	N/A
3/31/2021	13,831	467	-40	205	N/A
12/31/2020	12,447	419	229	413	N/A
9/30/2020	11,896	431	633	759	N/A
6/30/2020	11,451	421	869	1,004	N/A
3/31/2020	11,443	426	321	483	N/A
12/31/2019	11,997	438	379	588	N/A
9/30/2019	11,607	370	439	731	N/A
6/30/2019	11,693	338	539	857	N/A
3/31/2019	11,742	442	531	877	N/A
12/31/2018	11,898	437	468	787	N/A
9/30/2018	12,415	468	170	390	N/A
6/30/2018	12,333	467	N/A	6	N/A
3/31/2018	12,027	362	N/A	-357	N/A
12/31/2017	11,344	354	N/A	-433	N/A
9/30/2017	10,396	314	N/A	-549	N/A
6/30/2017	9,439	284	N/A	-349	N/A
3/31/2017	8,720	244	N/A	142	N/A
12/31/2016	8,139	224	N/A	286	N/A
9/30/2016	7,266	181	N/A	502	N/A
6/30/2016	7,251	157	N/A	629	N/A
3/31/2016	7,746	139	N/A	862	N/A
12/31/2015	7,741	130	N/A	838	N/A
9/30/2015	8,526	135	N/A	1,009	N/A
6/30/2015	8,936	135	N/A	920	N/A
3/31/2015	8,899	136	N/A	918	N/A
12/31/2014	9,268	135	N/A	983	N/A
9/30/2014	9,760	142	N/A	406	N/A
6/30/2014	9,800	138	N/A	151	N/A
3/31/2014	9,757	133	N/A	-244	N/A
12/31/2013	9,550	132	N/A	-117	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600577's forecast earnings growth (12% per year) is above the savings rate (2.8%).

Earnings vs Market: 600577's earnings (12% per year) are forecast to grow slower than the CN market (26% per year).

High Growth Earnings: 600577's earnings are forecast to grow, but not significantly.

Revenue vs Market: 600577's revenue is expected to decline over the next 3 years (-0.5% per year).

High Growth Revenue: 600577's revenue is forecast to decline over the next 3 years (-0.5% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 600577's Return on Equity is forecast to be low in 3 years time (10.8%).

Tongling Jingda Special Magnet Wire Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 11% to CN¥6.45

Price target increased by 19% to CN¥5.80

Consensus revenue estimates fall by 12%

Price target increased by 14% to CN¥4.97

Consensus EPS estimates increase by 12%

Price target decreased by 15% to CN¥5.35

Recent updates

Tongling Jingda Special Magnet Wire (SHSE:600577) Seems To Use Debt Quite Sensibly

Third quarter 2024 earnings released: EPS: CN¥0.06 (vs CN¥0.05 in 3Q 2023)

Price target increased by 11% to CN¥6.45

Here's What's Concerning About Tongling Jingda Special Magnet Wire's (SHSE:600577) Returns On Capital

Investor sentiment improves as stock rises 27%

Tongling Jingda Special Magnet Wire Co., Ltd.'s (SHSE:600577) Share Price Boosted 39% But Its Business Prospects Need A Lift Too

Tongling Jingda Special Magnet Wire Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024

Investor sentiment improves as stock rises 17%

Investor sentiment deteriorates as stock falls 16%

New minor risk - Share price stability

New major risk - Financial position

Tongling Jingda Special Magnet Wire Co., Ltd.'s (SHSE:600577) Price Is Right But Growth Is Lacking After Shares Rocket 32%

Here's Why Tongling Jingda Special Magnet Wire (SHSE:600577) Can Manage Its Debt Responsibly

Investor sentiment improves as stock rises 17%

Tongling Jingda Special Magnet Wire (SHSE:600577) Is Reinvesting At Lower Rates Of Return

Tongling Jingda Special Magnet Wire Co., Ltd. to Report First Half, 2024 Results on Aug 16, 2024

Price target increased by 19% to CN¥5.80

First quarter 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.05 in 1Q 2023)

Analysts Have Just Cut Their Tongling Jingda Special Magnet Wire Co., Ltd. (SHSE:600577) Revenue Estimates By 12%

Consensus revenue estimates fall by 12%

Price target increased by 14% to CN¥4.97

These 4 Measures Indicate That Tongling Jingda Special Magnet Wire (SHSE:600577) Is Using Debt Reasonably Well

Tongling Jingda Special Magnet Wire Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024

Investor sentiment improves as stock rises 21%

Tongling Jingda Special Magnet Wire Co., Ltd., Annual General Meeting, Apr 09, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

Tongling Jingda Special Magnet Wire Co., Ltd.'s (SHSE:600577) Low P/E No Reason For Excitement

Investor sentiment deteriorates as stock falls 18%

Tongling Jingda Special Magnet Wire Co., Ltd. to Report Fiscal Year 2023 Results on Feb 28, 2024

Third quarter 2023 earnings released: EPS: CN¥0.05 (vs CN¥0.043 in 3Q 2022)

Tongling Jingda Special Magnet Wire Co., Ltd. to Report Q3, 2023 Results on Oct 24, 2023

Second quarter 2023 earnings released: EPS: CN¥0.05 (vs CN¥0.035 in 2Q 2022)

Tongling Jingda Special Magnet Wire Co., Ltd. to Report First Half, 2023 Results on Aug 15, 2023

Consensus EPS estimates increase by 12%

Price target decreased by 15% to CN¥5.35

Full year 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased by 9.0% to CN¥6.31

Less than half of directors are independent

Consensus EPS estimates fall by 31%

Third quarter 2022 earnings released: EPS: CN¥0.043 (vs CN¥0.075 in 3Q 2021)

Price target decreased to CN¥7.24

Consensus EPS estimates fall by 20%

Second quarter 2022 earnings released: EPS: CN¥0.035 (vs CN¥0.083 in 2Q 2021)

Price target increased to CN¥7.93

Consensus EPS estimates fall by 11%

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Price target decreased to CN¥7.55

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased to CN¥9.07

Less than half of directors are independent

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus forecasts updated

Price target decreased to CN¥9.23

Price target decreased to CN¥10.73

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS CN¥0.075 (vs CN¥0.07 in 3Q 2020)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Price target increased to CN¥11.50

Second quarter 2021 earnings released: EPS CN¥0.083 (vs CN¥0.055 in 2Q 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Tongling Jingda Special Magnet Wire Co., Ltd. announced that it expects to receive CNY 299.999999 million in funding

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS CN¥0.059 (vs CN¥0.034 in 1Q 2020)

Full year 2020 earnings released: EPS CN¥0.22 (vs CN¥0.23 in FY 2019)