AVIC Heavy Machinery Future Growth

Future criteria checks 2/6

AVIC Heavy Machinery is forecast to grow earnings and revenue by 17.7% and 14% per annum respectively. EPS is expected to grow by 17.4% per annum. Return on equity is forecast to be 13.8% in 3 years.

Key information

17.7%

Earnings growth rate

17.4%

EPS growth rate

Machinery earnings growth	26.6%
Revenue growth rate	14.0%
Future return on equity	13.8%
Analyst coverage	Good
Last updated	09 Jul 2024

Recent future growth updates

Recent updates

Lacklustre Performance Is Driving AVIC Heavy Machinery Co., Ltd.'s (SHSE:600765) Low P/E

Aug 25

Investors Will Want AVIC Heavy Machinery's (SHSE:600765) Growth In ROCE To Persist

Aug 07

AVIC Heavy Machinery (SHSE:600765) Ticks All The Boxes When It Comes To Earnings Growth

Jul 20

These 4 Measures Indicate That AVIC Heavy Machinery (SHSE:600765) Is Using Debt Reasonably Well

Jul 04

Estimating The Fair Value Of AVIC Heavy Machinery Co., Ltd. (SHSE:600765)

Jun 04

A Piece Of The Puzzle Missing From AVIC Heavy Machinery Co., Ltd.'s (SHSE:600765) Share Price

Apr 26

AVIC Heavy Machinery (SHSE:600765) Is Looking To Continue Growing Its Returns On Capital

Apr 09

We Think That There Are Some Issues For AVIC Heavy Machinery (SHSE:600765) Beyond Its Promising Earnings

Mar 22

Newsflash: AVIC Heavy Machinery Co., Ltd. (SHSE:600765) Analysts Have Been Trimming Their Revenue Forecasts

Mar 19

Earnings and Revenue Growth Forecasts

SHSE:600765 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	15,948	2,265	1,318	3,252	5
12/31/2025	13,994	2,006	853	1,409	5
12/31/2024	12,081	1,668	1,946	2,391	5
3/31/2024	10,885	1,379	-286	822	N/A
12/31/2023	10,577	1,329	-511	594	N/A
9/30/2023	10,819	1,312	-403	623	N/A
6/30/2023	10,997	1,417	461	1,314	N/A
3/31/2023	10,845	1,263	185	1,091	N/A
12/31/2022	10,570	1,200	-103	774	N/A
9/30/2022	9,986	1,198	-637	175	N/A
6/30/2022	9,436	1,181	-270	476	N/A
3/31/2022	9,069	1,023	-66	524	N/A
12/31/2021	8,790	891	898	1,518	N/A
9/30/2021	7,976	684	1,021	1,495	N/A
6/30/2021	7,867	494	878	1,304	N/A
3/31/2021	7,154	379	424	900	N/A
12/31/2020	6,698	344	205	658	N/A
9/30/2020	6,790	340	536	923	N/A
6/30/2020	6,353	292	538	898	N/A
3/31/2020	6,113	286	424	736	N/A
12/31/2019	5,985	275	521	783	N/A
9/30/2019	6,058	328	-72	234	N/A
6/30/2019	5,783	368	-132	186	N/A
3/31/2019	5,584	335	116	437	N/A
12/31/2018	5,444	333	19	385	N/A
9/30/2018	5,385	211	516	864	N/A
6/30/2018	5,545	125	471	890	N/A
3/31/2018	5,426	143	560	987	N/A
12/31/2017	5,663	165	N/A	910	N/A
9/30/2017	5,493	297	N/A	443	N/A
6/30/2017	5,376	278	N/A	427	N/A
3/31/2017	5,452	245	N/A	261	N/A
12/31/2016	5,369	242	N/A	175	N/A
9/30/2016	5,306	-312	N/A	737	N/A
6/30/2016	5,537	-241	N/A	654	N/A
3/31/2016	5,905	-289	N/A	429	N/A
12/31/2015	5,877	-300	N/A	640	N/A
9/30/2015	6,001	159	N/A	246	N/A
6/30/2015	5,719	76	N/A	108	N/A
3/31/2015	5,612	155	N/A	242	N/A
12/31/2014	5,823	156	N/A	144	N/A
9/30/2014	6,260	157	N/A	67	N/A
6/30/2014	6,555	155	N/A	246	N/A
3/31/2014	6,462	150	N/A	162	N/A
12/31/2013	6,386	153	N/A	208	N/A
9/30/2013	6,352	103	N/A	33	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600765's forecast earnings growth (17.7% per year) is above the savings rate (2.9%).

Earnings vs Market: 600765's earnings (17.7% per year) are forecast to grow slower than the CN market (22% per year).

High Growth Earnings: 600765's earnings are forecast to grow, but not significantly.

Revenue vs Market: 600765's revenue (14% per year) is forecast to grow faster than the CN market (13.4% per year).

High Growth Revenue: 600765's revenue (14% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 600765's Return on Equity is forecast to be low in 3 years time (13.8%).

AVIC Heavy Machinery Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target decreased by 12% to CN¥36.04

Price target increased to CN¥40.13

Price target increased to CN¥52.73

Consensus revenue estimates increase by 12%

Price target raised to CN¥17.34

Recent updates

Lacklustre Performance Is Driving AVIC Heavy Machinery Co., Ltd.'s (SHSE:600765) Low P/E

Investors Will Want AVIC Heavy Machinery's (SHSE:600765) Growth In ROCE To Persist

AVIC Heavy Machinery (SHSE:600765) Ticks All The Boxes When It Comes To Earnings Growth

Now 21% undervalued

These 4 Measures Indicate That AVIC Heavy Machinery (SHSE:600765) Is Using Debt Reasonably Well

AVIC Heavy Machinery Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024

Estimating The Fair Value Of AVIC Heavy Machinery Co., Ltd. (SHSE:600765)

First quarter 2024 earnings released: EPS: CN¥0.22 (vs CN¥0.18 in 1Q 2023)

A Piece Of The Puzzle Missing From AVIC Heavy Machinery Co., Ltd.'s (SHSE:600765) Share Price

Investor sentiment improves as stock rises 17%

AVIC Heavy Machinery (SHSE:600765) Is Looking To Continue Growing Its Returns On Capital

AVIC Heavy Machinery Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024

We Think That There Are Some Issues For AVIC Heavy Machinery (SHSE:600765) Beyond Its Promising Earnings

AVIC Heavy Machinery Co., Ltd., Annual General Meeting, Apr 10, 2024

Newsflash: AVIC Heavy Machinery Co., Ltd. (SHSE:600765) Analysts Have Been Trimming Their Revenue Forecasts

Full year 2023 earnings: EPS and revenues miss analyst expectations

AVIC Heavy Machinery Co., Ltd. to Report Fiscal Year 2023 Results on Mar 15, 2024

Third quarter 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.24 in 3Q 2022)

High number of new and inexperienced directors

Second quarter 2023 earnings released: EPS: CN¥0.35 (vs CN¥0.24 in 2Q 2022)

AVIC Heavy Machinery Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023

Price target decreased by 12% to CN¥36.04

Full year 2022 earnings: EPS and revenues miss analyst expectations

Price target increased to CN¥40.13

Insufficient new directors

Third quarter 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.22 in 3Q 2021)

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.15 in 2Q 2021)

Investor sentiment improved over the past week

Insufficient new directors

Investor sentiment deteriorated over the past week

Insufficient new directors

Price target increased to CN¥52.73

Consensus revenue estimates increase by 12%

Full year 2021 earnings: EPS exceeds analyst expectations

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS CN¥0.31 (vs CN¥0.16 in 3Q 2020)

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥0.21 (vs CN¥0.095 in 2Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS CN¥0.08 (vs CN¥0.04 in 1Q 2020)

Revenue and earnings beat expectations

Full year 2020 earnings released: EPS CN¥0.37 (vs CN¥0.35 in FY 2019)

Investor sentiment deteriorated over the past week

New 90-day low: CN¥16.23

AVIC Heavy Machinery Co., Ltd. to Report Fiscal Year 2020 Results on Mar 12, 2021

AVIC Heavy Machinery Co., Ltd. announced that it expects to receive CNY 1.91 billion in funding from AviChina Industry & Technology Company Limited, Beijing AVIC Phase I Aviation Industry Industry Investment Fund (Limited Partnership)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

New 90-day high: CN¥21.01

New 90-day high: CN¥19.46

Market bids up stock over the past week

New 90-day high: CN¥15.98

AVIC Heavy Machinery Co., Ltd. announced a financing transaction

Third quarter earnings released

Price target raised to CN¥17.34

First half earnings released

New 90-day high - CN¥14.36

AVIC Heavy Machinery Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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