Wolong Electric GroupLtd Future Growth

Future criteria checks 3/6

Wolong Electric GroupLtd is forecast to grow earnings and revenue by 54.2% and 12% per annum respectively. EPS is expected to grow by 54.1% per annum. Return on equity is forecast to be 10.9% in 3 years.

Key information

54.2%

Earnings growth rate

54.1%

EPS growth rate

Electrical earnings growth	26.5%
Revenue growth rate	12.0%
Future return on equity	10.9%
Analyst coverage	Low
Last updated	15 Nov 2024

Recent future growth updates

Recent updates

Wolong Electric Group Co.,Ltd. (SHSE:600580) Held Back By Insufficient Growth Even After Shares Climb 27%

Nov 08

Wolong Electric GroupLtd's (SHSE:600580) Soft Earnings Are Actually Better Than They Appear

Nov 06

Is There Now An Opportunity In Wolong Electric Group Co.,Ltd. (SHSE:600580)?

Oct 26

Wolong Electric GroupLtd (SHSE:600580) Is Reinvesting At Lower Rates Of Return

Oct 10

We Think Wolong Electric GroupLtd (SHSE:600580) Is Taking Some Risk With Its Debt

Sep 25

Earnings Tell The Story For Wolong Electric Group Co.,Ltd. (SHSE:600580)

Jul 29

Wolong Electric GroupLtd (SHSE:600580) Has Announced That Its Dividend Will Be Reduced To CN¥0.10

Jul 12

Wolong Electric GroupLtd (SHSE:600580) Has A Somewhat Strained Balance Sheet

May 23

Investors Can Find Comfort In Wolong Electric GroupLtd's (SHSE:600580) Earnings Quality

May 06

Wolong Electric GroupLtd (SHSE:600580) Has More To Do To Multiply In Value Going Forward

Apr 06

Even With A 25% Surge, Cautious Investors Are Not Rewarding Wolong Electric Group Co.,Ltd.'s (SHSE:600580) Performance Completely

Mar 15

Earnings and Revenue Growth Forecasts

SHSE:600580 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	20,470	1,489	N/A	1,504	2
12/31/2025	18,567	1,280	N/A	1,977	3
12/31/2024	16,379	972	N/A	2,032	1
9/30/2024	15,694	244	196	1,559	N/A
6/30/2024	15,730	318	44	1,359	N/A
3/31/2024	15,472	495	209	1,612	N/A
12/31/2023	15,567	530	335	1,634	N/A
9/30/2023	15,814	940	375	1,394	N/A
6/30/2023	15,621	906	355	1,375	N/A
3/31/2023	15,307	859	142	970	N/A
12/31/2022	14,998	800	312	1,192	N/A
9/30/2022	14,772	1,102	337	1,461	N/A
6/30/2022	14,447	1,068	211	1,382	N/A
3/31/2022	14,538	1,054	333	1,446	N/A
12/31/2021	13,999	988	528	1,480	N/A
9/30/2021	13,802	914	506	1,178	N/A
6/30/2021	13,365	924	665	1,288	N/A
3/31/2021	12,756	905	744	1,405	N/A
12/31/2020	12,565	867	546	1,224	N/A
9/30/2020	12,405	775	451	1,176	N/A
6/30/2020	12,350	715	639	1,239	N/A
3/31/2020	12,228	826	818	1,356	N/A
12/31/2019	12,416	963	639	1,196	N/A
9/30/2019	12,103	1,002	571	1,142	N/A
6/30/2019	11,702	970	395	1,053	N/A
3/31/2019	11,591	793	154	905	N/A
12/31/2018	11,076	637	167	975	N/A
9/30/2018	10,715	426	-80	833	N/A
6/30/2018	10,504	813	N/A	676	N/A
3/31/2018	10,324	705	N/A	326	N/A
12/31/2017	10,086	665	N/A	317	N/A
9/30/2017	10,022	787	N/A	292	N/A
6/30/2017	9,617	240	N/A	225	N/A
3/31/2017	9,172	216	N/A	316	N/A
12/31/2016	8,914	253	N/A	94	N/A
9/30/2016	9,411	255	N/A	582	N/A
6/30/2016	9,348	306	N/A	556	N/A
3/31/2016	9,467	334	N/A	628	N/A
12/31/2015	9,474	360	N/A	860	N/A
9/30/2015	8,253	471	N/A	699	N/A
6/30/2015	7,933	496	N/A	760	N/A
3/31/2015	7,341	480	N/A	675	N/A
12/31/2014	6,893	446	N/A	643	N/A
9/30/2014	6,745	413	N/A	379	N/A
6/30/2014	6,297	392	N/A	245	N/A
3/31/2014	5,953	351	N/A	262	N/A
12/31/2013	5,728	364	N/A	270	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600580's forecast earnings growth (54.2% per year) is above the savings rate (2.8%).

Earnings vs Market: 600580's earnings (54.2% per year) are forecast to grow faster than the CN market (25.8% per year).

High Growth Earnings: 600580's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 600580's revenue (12% per year) is forecast to grow slower than the CN market (13.8% per year).

High Growth Revenue: 600580's revenue (12% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 600580's Return on Equity is forecast to be low in 3 years time (10.9%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 02:31
End of Day Share Price	2024/12/23 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Wolong Electric Group Co.,Ltd. is covered by 18 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Cheng Shen	BOCI Research Ltd.
Haolong Deng	Changjiang Securities Co. LTD.
Bo Hua Wu	Changjiang Securities Co. LTD.

Wolong Electric GroupLtd Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 20%

Price target increased by 7.2% to CN¥20.00

Price target decreased to CN¥15.30

Consensus forecasts updated

Consensus EPS estimates fall by 15%

Price target decreased to CN¥18.80

Recent updates

Wolong Electric Group Co.,Ltd. (SHSE:600580) Held Back By Insufficient Growth Even After Shares Climb 27%

Wolong Electric GroupLtd's (SHSE:600580) Soft Earnings Are Actually Better Than They Appear

Third quarter 2024 earnings released: EPS: CN¥0.19 (vs CN¥0.24 in 3Q 2023)

Is There Now An Opportunity In Wolong Electric Group Co.,Ltd. (SHSE:600580)?

Investor sentiment improves as stock rises 15%

Wolong Electric GroupLtd (SHSE:600580) Is Reinvesting At Lower Rates Of Return

Wolong Electric Group Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024

Investor sentiment improves as stock rises 26%

We Think Wolong Electric GroupLtd (SHSE:600580) Is Taking Some Risk With Its Debt

New minor risk - Earnings quality

Earnings Tell The Story For Wolong Electric Group Co.,Ltd. (SHSE:600580)

Wolong Electric GroupLtd (SHSE:600580) Has Announced That Its Dividend Will Be Reduced To CN¥0.10

Dividend reduced to CN¥0.10

Wolong Electric Group Co.,Ltd. to Report First Half, 2024 Results on Aug 31, 2024

Less than half of directors are independent

Wolong Electric GroupLtd (SHSE:600580) Has A Somewhat Strained Balance Sheet

Investors Can Find Comfort In Wolong Electric GroupLtd's (SHSE:600580) Earnings Quality

Consensus EPS estimates fall by 20%

Wolong Electric Group Co.,Ltd., Annual General Meeting, May 20, 2024

Full year 2023 earnings released: EPS: CN¥0.41 (vs CN¥0.61 in FY 2022)

Wolong Electric GroupLtd (SHSE:600580) Has More To Do To Multiply In Value Going Forward

Price target increased by 7.2% to CN¥20.00

Wolong Electric Group Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024

Even With A 25% Surge, Cautious Investors Are Not Rewarding Wolong Electric Group Co.,Ltd.'s (SHSE:600580) Performance Completely

Investor sentiment improves as stock rises 15%

Investor sentiment improves as stock rises 21%

Wolong Electric Group Co.,Ltd. (SHSE:600580) announces an Equity Buyback for CNY 100 million worth of its shares.

Wolong Electric Group Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024

Third quarter 2023 earnings released: EPS: CN¥0.24 (vs CN¥0.22 in 3Q 2022)

Second quarter 2023 earnings released: EPS: CN¥0.27 (vs CN¥0.23 in 2Q 2022)

First quarter 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.15 in 1Q 2022)

Kangqi Assets Wuwei No. 2 Private Equity Securities Investment Fund, managed by Guangzhou Kangqi Asset Management Center (Limited Partnership) completed the acquisition of a 5.5% stake in Red phase INC. (SZSE:300427) from Wolong Electric Group Co.,Ltd. (SHSE:600580).

Price target decreased to CN¥15.30

Third quarter 2022 earnings released: EPS: CN¥0.22 (vs CN¥0.19 in 3Q 2021)

Consensus forecasts updated

Second quarter 2022 earnings released: EPS: CN¥0.23 (vs CN¥0.22 in 2Q 2021)

Consensus EPS estimates fall by 15%

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to CN¥18.80

Less than half of directors are independent

Price target decreased to CN¥18.80

Wolong Real Estate Group Co.,Ltd. (SHSE:600173) signed the acquisition agreement to acquire Shanghai Wolong Mining Co., Ltd. from Wolong Electric Drive Group Co., Ltd. (SHSE:600580) for CNY 68 million.

Investor sentiment improved over the past week

Price target increased to CN¥22.00

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.21 in 2Q 2020)

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS CN¥0.67 (vs CN¥0.75 in FY 2019)

Zhejiang Kaixin Business Management (Group) Co., Ltd. and Zhejiang Wolong International Trade Co., Ltd. signed an agreement to acquire Wolong Electric Group Hangzhou Research Institute Co., Ltd. from Wolong Electric Drive Group Co., Ltd. (SHSE:600580) for approximately CNY 420 million.

New 90-day low: CN¥12.31

Price target raised to CN¥19.59

New 90-day high: CN¥15.19

New 90-day high: CN¥13.92

Third quarter earnings released

Wolong Electric Drive Group Co., Ltd. to Report Q3, 2020 Results on Oct 31, 2020

Wolong Electric Drive Group Co., Ltd. Appoints Pang Xinyuan as General Manager

First half earnings released

New 90-day high - CN¥13.70

Wolong Electric Drive Group Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources