Hongfa Technology Future Growth
Future criteria checks 1/6
Hongfa Technology is forecast to grow earnings and revenue by 16.5% and 12.9% per annum respectively. EPS is expected to grow by 15.9% per annum. Return on equity is forecast to be 18.2% in 3 years.
Key information
16.5%
Earnings growth rate
15.9%
EPS growth rate
| Electrical earnings growth | 24.7% |
| Revenue growth rate | 12.9% |
| Future return on equity | 18.2% |
| Analyst coverage | Good |
| Last updated | 01 May 2024 |
Recent future growth updates
Recent updates
Hongfa Technology Co., Ltd. (SHSE:600885) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Apr 02
Is Now An Opportune Moment To Examine Hongfa Technology Co., Ltd. (SHSE:600885)?
Mar 26Investors Aren't Buying Hongfa Technology Co., Ltd.'s (SHSE:600885) Earnings
Mar 13Hongfa Technology's (SHSE:600885) Returns On Capital Not Reflecting Well On The Business
Feb 29Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 18,611 | 2,224 | 1,456 | 3,038 | 8 |
| 12/31/2025 | 17,002 | 1,959 | 1,287 | 2,823 | 15 |
| 12/31/2024 | 14,840 | 1,636 | 1,156 | 2,383 | 4 |
| 3/31/2024 | 13,119 | 1,419 | 1,256 | 2,223 | N/A |
| 12/31/2023 | 12,930 | 1,393 | 1,627 | 2,661 | N/A |
| 9/30/2023 | 12,601 | 1,356 | 676 | 1,913 | N/A |
| 6/30/2023 | 12,433 | 1,341 | 357 | 1,702 | N/A |
| 3/31/2023 | 12,035 | 1,301 | 15 | 1,522 | N/A |
| 12/31/2022 | 11,646 | 1,250 | 94 | 1,621 | N/A |
| 9/30/2022 | 11,417 | 1,210 | 2 | 1,333 | N/A |
| 6/30/2022 | 10,945 | 1,163 | 335 | 1,562 | N/A |
| 3/31/2022 | 10,518 | 1,111 | 212 | 1,269 | N/A |
| 12/31/2021 | 10,023 | 1,063 | -13 | 912 | N/A |
| 9/30/2021 | 9,946 | 1,056 | 116 | 998 | N/A |
| 6/30/2021 | 9,325 | 995 | -148 | 633 | N/A |
| 3/31/2021 | 8,759 | 921 | -167 | 572 | N/A |
| 12/31/2020 | 7,819 | 832 | 42 | 720 | N/A |
| 9/30/2020 | 7,371 | 745 | 84 | 774 | N/A |
| 6/30/2020 | 7,116 | 707 | 510 | 1,289 | N/A |
| 3/31/2020 | 6,896 | 689 | 906 | 1,632 | N/A |
| 12/31/2019 | 7,081 | 704 | 906 | 1,681 | N/A |
| 9/30/2019 | 6,974 | 666 | 1,236 | 2,109 | N/A |
| 6/30/2019 | 6,931 | 686 | 946 | 1,725 | N/A |
| 3/31/2019 | 6,909 | 689 | 311 | 1,156 | N/A |
| 1/1/2019 | 6,880 | 699 | 1 | 827 | N/A |
| 9/30/2018 | 6,563 | 690 | 97 | 870 | N/A |
| 6/30/2018 | 6,347 | 649 | -92 | 665 | N/A |
| 3/31/2018 | 6,270 | 686 | -82 | 640 | N/A |
| 12/31/2017 | 6,020 | 685 | N/A | 709 | N/A |
| 9/30/2017 | 5,885 | 687 | N/A | 313 | N/A |
| 6/30/2017 | 5,646 | 659 | N/A | 290 | N/A |
| 3/31/2017 | 5,291 | 613 | N/A | 343 | N/A |
| 12/31/2016 | 5,083 | 582 | N/A | 498 | N/A |
| 9/30/2016 | 4,745 | 549 | N/A | 520 | N/A |
| 6/30/2016 | 4,574 | 526 | N/A | 476 | N/A |
| 3/31/2016 | 4,363 | 492 | N/A | 698 | N/A |
| 12/31/2015 | 4,248 | 472 | N/A | 758 | N/A |
| 9/30/2015 | 4,144 | 481 | N/A | 648 | N/A |
| 6/30/2015 | 4,223 | 495 | N/A | 713 | N/A |
| 3/31/2015 | 4,191 | 466 | N/A | 499 | N/A |
| 12/31/2014 | 4,063 | 430 | N/A | 352 | N/A |
| 9/30/2014 | 4,032 | 439 | N/A | 462 | N/A |
| 6/30/2014 | 3,728 | 400 | N/A | 355 | N/A |
| 3/31/2014 | 3,546 | 352 | N/A | 313 | N/A |
| 12/31/2013 | 3,425 | 328 | N/A | 461 | N/A |
| 9/30/2013 | 3,338 | 349 | N/A | 337 | N/A |
| 6/30/2013 | 3,246 | 310 | N/A | 363 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600885's forecast earnings growth (16.5% per year) is above the savings rate (2.9%).
Earnings vs Market: 600885's earnings (16.5% per year) are forecast to grow slower than the CN market (24.4% per year).
High Growth Earnings: 600885's earnings are forecast to grow, but not significantly.
Revenue vs Market: 600885's revenue (12.9% per year) is forecast to grow slower than the CN market (14.6% per year).
High Growth Revenue: 600885's revenue (12.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 600885's Return on Equity is forecast to be low in 3 years time (18.2%).