China First Heavy Industries Future Growth

Future criteria checks 5/6

China First Heavy Industries is forecast to grow earnings and revenue by 151.2% and 25.3% per annum respectively while EPS is expected to grow by 150.2% per annum.

Key information

151.2%

Earnings growth rate

150.2%

EPS growth rate

Machinery earnings growth	27.7%
Revenue growth rate	25.3%
Future return on equity	n/a
Analyst coverage	Low
Last updated	09 Nov 2023

Recent future growth updates

No updates

Recent updates

Capital Allocation Trends At China First Heavy Industries (SHSE:601106) Aren't Ideal

Mar 22

Market Still Lacking Some Conviction On China First Heavy Industries (SHSE:601106)

Feb 27

Earnings and Revenue Growth Forecasts

SHSE:601106 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	26,957	418	N/A	-1,695	1
12/31/2024	26,020	255	N/A	-1,203	1
3/31/2024	16,253	-2,874	-76	557	N/A
12/31/2023	17,167	-2,708	-446	143	N/A
9/30/2023	20,001	86	-2,697	-2,238	N/A
6/30/2023	21,705	92	-2,779	-2,432	N/A
3/31/2023	24,161	103	-1,463	-1,263	N/A
12/31/2022	23,886	104	-1,463	-1,263	N/A
9/30/2022	25,086	171	1,855	1,783	N/A
6/30/2022	24,238	174	1,717	1,815	N/A
3/31/2022	23,699	170	1,062	1,193	N/A
12/31/2021	23,128	168	518	682	N/A
9/30/2021	23,455	142	-88	559	N/A
6/30/2021	21,801	136	190	665	N/A
3/31/2021	20,371	134	-140	287	N/A
12/31/2020	19,903	130	264	690	N/A
9/30/2020	17,812	133	305	581	N/A
6/30/2020	16,204	133	456	758	N/A
3/31/2020	13,868	139	1,400	1,770	N/A
12/31/2019	13,165	129	1,477	1,918	N/A
9/30/2019	12,411	78	271	675	N/A
6/30/2019	10,669	130	173	653	N/A
3/31/2019	10,195	126	-139	277	N/A
12/31/2018	10,511	129	273	684	N/A
9/30/2018	10,415	146	-504	-201	N/A
6/30/2018	11,664	111	-909	-639	N/A
3/31/2018	11,453	105	479	992	N/A
1/1/2018	10,252	84	N/A	983	N/A
9/30/2017	7,427	-3,740	N/A	2,894	N/A
6/30/2017	5,686	-5,036	N/A	3,209	N/A
3/31/2017	4,278	-5,409	N/A	1,979	N/A
12/31/2016	3,204	-5,734	N/A	500	N/A
9/30/2016	3,965	-2,705	N/A	-1,699	N/A
6/30/2016	4,111	-1,956	N/A	-1,734	N/A
3/31/2016	4,477	-1,825	N/A	-1,642	N/A
12/31/2015	5,012	-1,795	N/A	-429	N/A
9/30/2015	6,047	-377	N/A	-760	N/A
6/30/2015	8,775	176	N/A	-1,849	N/A
3/31/2015	7,536	69	N/A	-1,862	N/A
12/31/2014	7,328	26	N/A	-2,294	N/A
9/30/2014	7,521	-186	N/A	105	N/A
6/30/2014	5,951	-266	N/A	784	N/A
3/31/2014	7,708	-221	N/A	1,461	N/A
12/31/2013	8,369	17	N/A	1,485	N/A
9/30/2013	7,893	-459	N/A	-651	N/A
6/30/2013	7,806	-414	N/A	-875	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 601106 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.9%).

Earnings vs Market: 601106 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 601106 is expected to become profitable in the next 3 years.

Revenue vs Market: 601106's revenue (25.3% per year) is forecast to grow faster than the CN market (14% per year).

High Growth Revenue: 601106's revenue (25.3% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if 601106's Return on Equity is forecast to be high in 3 years time

China First Heavy Industries Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Recent updates

First quarter 2024 earnings released: CN¥0.019 loss per share (vs CN¥0.005 profit in 1Q 2023)

China First Heavy Industries to Report Q1, 2024 Results on Apr 30, 2024

Capital Allocation Trends At China First Heavy Industries (SHSE:601106) Aren't Ideal

Market Still Lacking Some Conviction On China First Heavy Industries (SHSE:601106)

China First Heavy Industries to Report Fiscal Year 2023 Results on Apr 30, 2024

Third quarter 2023 earnings released: EPS: CN¥0 (vs CN¥0.001 in 3Q 2022)

China First Heavy Industries to Report Q3, 2023 Results on Oct 31, 2023

Second quarter 2023 earnings released: EPS: CN¥0.002 (vs CN¥0.004 in 2Q 2022)

China First Heavy Industries to Report First Half, 2023 Results on Aug 30, 2023

First quarter 2023 earnings released: EPS: CN¥0.005 (vs CN¥0.006 in 1Q 2022)

Insufficient new directors

Third quarter 2022 earnings released: EPS: CN¥0.001 (vs CN¥0.001 in 3Q 2021)

Second quarter 2022 earnings released: EPS: CN¥0.004 (vs CN¥0.003 in 2Q 2021)

First quarter 2022 earnings released: EPS: CN¥0.006 (vs CN¥0.006 in 1Q 2021)

Insufficient new directors

Third quarter 2021 earnings released: EPS CN¥0.001 (vs CN¥0.001 in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.003 (vs CN¥0.003 in 2Q 2020)

Full year 2020 earnings released: EPS CN¥0.019 (vs CN¥0.019 in FY 2019)

New 90-day low: CN¥2.76

Third quarter earnings released

China First Heavy Industries to Report Q3, 2020 Results on Oct 31, 2020

New 90-day low: CN¥2.92

New 90-day low: CN¥2.93

First half earnings released

China First Heavy Industries 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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